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Is Midas a recovery play in 2017? (3 Feb 17)

Is Midas a recovery play in 2017? (3 Feb 17) 1038 649 Ernest Lim's Investing Blog

Midas has recently announced contracts after contracts. Based on Table 1 below, it is especially evident that Midas is gaining traction (particularly from 23 Jun 2016 onwards) in winning orders…

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Ernest’s market outlook (27 Jan 17)

Ernest’s market outlook (27 Jan 17) 1363 176 Ernest Lim's Investing Blog

Dear all, Happy Chinese New Year! How is your Rooster Year so far? S&P500 and STI reached near, or at my near-term resistances. What’s next?   S&P500 Just to recap…

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Dairy Farm – hits 18 month high, all-time overbought since 1990! (27 Jan 17)

Dairy Farm – hits 18 month high, all-time overbought since 1990! (27 Jan 17) 1920 1032 Ernest Lim's Investing Blog

Dairy Farm hits another 18-month high on 27 Jan 2017. It has risen consecutively for the past six trading days and has surged 13.3% from an intraday low of $7.28…

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Ernest’s market outlook (13 Jan 17)

Ernest’s market outlook (13 Jan 17) 1920 1032 Ernest Lim's Investing Blog

Dear all, STI performs to my expectations as it heads towards 3,040 (my eventual technical measured target price which I mentioned previously). What’s next? For the charts analysis below, you…

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ISOTeam on the verge of a potential bullish chart breakout (9 Jan 2017)

ISOTeam on the verge of a potential bullish chart breakout (9 Jan 2017) 1920 1032 Ernest Lim's Investing Blog

ISOTeam recently caught my attention with a surge in price, accompanied with volume. Based on Chart 1 below, ISOTeam has been trading in a tight range of $0.375 – 0.405…

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Ernest’s market outlook (6 Jan 2017)

Ernest’s market outlook (6 Jan 2017) 900 401 Ernest Lim's Investing Blog

Dear readers, Two weeks ago, I mentioned that although Hang Seng is in a downtrend, it may rebound as oversold pressures build. Hang Seng jumped 928 points in the past…

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Sapphire – disposal of Mancala, implications and updates (30 Dec 16)

Sapphire – disposal of Mancala, implications and updates (30 Dec 16) 1920 1032 Ernest Lim's Investing Blog

On the last trading day of the year, Sapphire Corp announced that it has entered into conditional sale and purchase agreements (collectively, the “SPAs”) with each of China Vanadium Titano-Magnetite…

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CWG chart looks strong, despite price consolidation (27 Dec 16)

CWG chart looks strong, despite price consolidation (27 Dec 16) 1920 1032 Ernest Lim's Investing Blog

CWG International Limited (“CWG”), former Chiwayland, closed unchanged at $0.156 on 27 Dec 16. Based on Chart 1 below, notwithstanding the recent price consolidation, all its exponential moving averages (“EMAs”)…

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Ernest’s market outlook (23 Dec 16)

Ernest’s market outlook (23 Dec 16) 1920 1032 Ernest Lim's Investing Blog

Dear readers, Two weeks ago, I mentioned that there is likely to be profit taking on the STI. STI has since fallen 85 points, or 2.9%. What lies ahead?  …

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Singapore Medical Group tripled since Jul 2016! Any more upside? (22 Dec 2016)

Singapore Medical Group tripled since Jul 2016! Any more upside? (22 Dec 2016) 1920 1032 Ernest Lim's Investing Blog

Singapore Medical Group (“SMG”) has almost tripled from $0.142 on 26 Jul 2016 to close $0.415 on 22 Dec 2016. Against the backdrop of this meteoric rally, is there any…

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