Keppel corp is a blue chip counter and is traditionally well covered by analysts.
My conservative investment strategy in blue chip stocks is to look at the overall market index (FTSE). If the index is above SMA 200, then it can generally be considered an uptrend market and hence is safe to invest into blue chip counters. Else better stay away from them because they are sensitive to market index. In fact, they are the stocks that contribute directly to the movement of the market index.
Now seem good to buy. Just need to wait for the selling pressure to ease and rebounding sign. Keppel is index-linked and hence will be affected by the macro market.
New IPO: Carlo Rino Group Berhad, a leading fashion retailer of women’s handbags, footwear, and accessories, aims to list on the ACE Market!
MQ Trader 1728 views | 4 d ago
0:17
New IPO: A homegrown air fragrance company, Vanzo Holdings Berhad aims to list on the Ace Market!
MQ Trader 1542 views | 5 d ago
0:17
New IPO: Winstar Capital Berhad, a specialist in the extrusion of aluminium profiles and fabrication of aluminium ladders aims to list on the ACE Market!
MQ Trader 1744 views | 6 d ago
0:17
New IPO: Topvision Eye Specialist Berhad, specializing in medical eye care services 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....
jack_ng
6 posts
Posted by jack_ng > 2011-10-19 17:44 | Report Abuse
Waoh! a lot of investment house recommend this stock. Worth to consider buy in?