STI managed to reclaim 3000 points. Asian market rally after strong finish from overnight Dow. We believe that market will be choppy from here on, so swing trading might not be ideal. However, for individuals that are interested to buy and hold for a few months, there are a few stocks that we feel that it might worth the shot. STX OSV --> Stock gapped down because of the high payout in dividend. Stock now trading around $1.60. There are chances that stock can break through $1.675 and further. Singtel --> High weightage as an STI component. Stock is not performing with relative to the rally. However, if stock is able to break through $3.40, we can see a potential run. Since this is a defensive stock, individual can consider to include this in their portfolio, collecting dividend. Sentiment --> Neutral, inclined to bullish.
New IPO: Building management systems (BMS), solar thermal systems and energy-saving services provider, Solar District Cooling Bhd aims to list on the Ace Market!
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....