ISOTeam chart 0.230_21 May 19 close

ISOTeam – on the verge of a bullish break from a potential double bottom formation! (21 May 2019)

Previously, I have done a write-up (click HERE) on ISOTeam (“ISO”) after interviewing Anthony, CEO and Richard, GM on an exclusive basis in Dec 2018. I have bought in at that time and have taken profit in Jan 2019. Since Apr, I have been accumulating ISO, as its chart seems to portend a potential upside breakout after a lengthy potential double bottom formation. ISO closed at $0.230 on 21 May 2019. Let’s take a look at its investment merits and more importantly, its investment risks below.   Investment merits a) Potential bullish break from a double bottom formation Since 2017, […]

Sinopec analyst 14 May 19

Sinopec falls 33% since last year; nears 19-year oversold level (14 May 19)

Dear all This week, Sinopec (00386.HK) caught my attention with its 33% fall since 21 May 2018. With its sharp fall, it has become extremely oversold with RSI at 15.1. Given the basis below, my personal view is that Sinopec may be presenting a favourable risk reward setup for a long trade. Do take a look at the basis and more importantly, the risks inherent in such trades.   My personal basis a) Attractive valuations At HKD5.63, Sinopec is trading at approximately 10.3x current PE and 0.8x P/BV. These valuations are attractive as compared to its 10-year average PE and […]

SMM analyst

Sembmarine – leveraged play among oil companies (29 Apr 19)

Dear all, This week, Sembcorp marine (“SMM”) caught my attention amid positive industry reports and its strengthening chart. I have started to accumulate SMM with my usual take profit target of a few bids, if any. Let’s look at the basis, and importantly, the investment risks.   Basis a) Analysts are turning positive Based on Figure 1 below, average analyst target price for SMM is around $1.93, representing a potential capital appreciation of around 12% from the current price $1.72. It is noteworthy that JP Morgan has turned positive on SMM last month with a target price of $2.10, after […]

qualcom 10Y PEBD

Qualcomm – extremely overbought after a 74% rally within 3 months! (23 Apr 19)

Dear readers, This week, Qualcomm caught my attention as it has appreciated approximately 74% from US$49.10 to trade at US$85.62 in less than 3 months. This is due in part to the favourable announcement that Qualcomm and Apple have reached a multi-year settlement agreement (click HERE for more information)   Why is it interesting? Personally, I think Qualcomm may be a potential short target with a favourable risk to reward proposition with a take profit of a few bids, base mainly on a technical perspective.   Basis to short a) With reference to Chart 1 below, Qualcomm is on a […]