CHASEN did a gap up on news of a $50m contract yesterday. We alerted CHASEN yesterday due to the strong momentum seen in it when others penny stocks are dropping off while CHASEN proving to be strong. Congrats all who locked in profit for CHASEN today this morning.
Friday, 24 March 2017
Thursday, 23 March 2017
Wednesday, 22 March 2017
Today Straits Times Index drop is seen as the biggest drop in 2017 after such a strong rally up from 2900 levels. Sell-down from U.S overnight market trigger a panic gap down in the STI index today. We will expect to see the market being fragile to more sell-downs. This week we will be moving to our defensive strategy to long Strong Stocks and low-beta risk stocks.
Tuesday, 21 March 2017
We like SHENGSIONG by its defensive approach that everyone need to buy their necessity items from supermarket. Today ShengSiong cross the resistance bar at $0.95 and $0.955 and briefly touch $0.96. We see this stock as a potential to rally towards $1.
Friday, 17 March 2017
We alerted terratech as we feel the stock maybe near the breaking out point at $0.051. In the late afternoon, TERRATECH rallied to hit our target $0.056 on closing. This week has been a week of penny punting and we will highlight when we seen interesting movement. Congrats all who profited on Terratech and have a good weekend.
Tuesday, 14 March 2017
We see strong support for MERCURIUS share price at $0.046 and $0.047 today. Today the big boys are in Accumulation mode at $0.047 and $0.048 which we see will rally back up to above $0.05 later in the afternoon.
Friday, 10 March 2017
It was a quiet Friday when suddenly the government eases property just before 12pm, properties stock reacted strongly. The market is getting very bullish and we hope the momentum will continue towards next week.
Cost of living in Singapore is getting more expensive with WATER PRICE GOING UP, CARBON TAX ON ENVIRONMENTAL POLLUTION FOR VEHICLE and NOW PROPERTIES PRICE. Will our favourite stock rallies higher soon?
Property stock that we are watching & vested -
GUOCOLAND, PERENNIAL AND SINARMAS LAND
For all who took the courage to long Acesian Partners yesterday, it was an effort well paid-off. We saw this new penny yesterday when the BBs was accumulating 20 and we know this could be the next awakening penny counters. Today Acesian open with a GAP UP of $0.025 and hit a high of $0.034, way past our target $0.028. Congrats to all who profited on it today. Similar priced penny stocks should be worth a look out as we see the penny plays continuing into next week.
Wednesday, 8 March 2017
For all those who remember NICO STEEL rallying to a high of $0.049 last year NOVEMEBER, it has been staying at the support $0.011 for 1 month. We feel once the resistance $0.011 can clear, it could rally to a high of $0.015-16. We will take note of NICO STEEL today.
Tuesday, 7 March 2017
Cityneon Full Year result net profit growth of 667% should not be that bad for CityNeon to correct from a high of $1.21 hit in 2016. The results have shown considerable growth for the Year 2017 with the launch of the Transformers' exhibition in Las Vegas. There have been strong support for CityNeon shares price in the past few trading sessions to close above the support of $0.79. Target for the short-term $0.96.
Mid-cap stock has been under-performing the Blue Chips rallies for months. Finally Sinarmas land has broken above its resistance of $0.48 to hit a high of $0.51 today. Congrats to all who longed Sinarmas land last week and booked in profit.
Friday, 3 March 2017
Saudi Arabia KING visited INDONESIA this week to seek Business deals and it could help INDONESIA to BOOST the country growth in 2017. 1 stock got exposure to INDONESIA is SINARMAS land. It is currently trading in an uptrending momentum waiting to go towards 50cents level. TP - 55CENTS Above.
Thursday, 2 March 2017
Amara has just breakout its trading range of $0.47-475 today at $0.48-485. It is seen as a bullish sign to go higher toward the 50cents mark. AMARA has reported a set of results of 3cents Dividend for FY 2016 which give its a yield of almost 6%. Target - $0.55
Tuesday, 28 February 2017
2 Years ago when Perennial was snapping up lands in China with MOU JVs with its Chinese partner in China, no one bothers about how the investment would evolve today. With its strong stakeholders being Wilmar's Kwok Khoon Hong, OSIM's Ron Sim and CEO Pua Seck Guan controlling almost 79% of Perennial and strong sharebuyback by its director in the past few months, Perennial seem to be gathering interest lately. It also worthwhile to note that due to the ageing population and low birthrate, healthcare takeovers has seen strong interest given that OUE has targeted on IHC and Healthway medical group. Could M&A action take place for PUA and its group of investors? The past few days trading volumes are a sign of action. Our target for PERENNIAL would be ABOVE $1.00.
Friday, 24 February 2017
Addvaltech today rallies off to a strong start on news of the ADDVALUE SPACE PROGRAM by IMMARSAT.
Today it try to break above the resistance of $0.044 on a high note. Congrats to all who profited on ADDVALTECH.
Thursday, 23 February 2017
With SERRANO spiking 22% or 1cents to $0.054 today, we think SITRA be ripe to RALLY some very soon or after lunch. Target - $0.027. SITRA is also a WOOD FURNITURE STOCK turnabout plays in 2017.
Wednesday, 22 February 2017
We blog about TRITECH when we saw the afternoon movement on its price action. Before market close, there was some accumulation going at $0.069. Tritech gap up to open at $0.073 today and ran to hit a high of $0.082. Congrats to all who longed and profited on it.
Tuesday, 21 February 2017
Tritech is a very undervalued play when you compare it with the likes of MOYA, CHINA EVERBRIGHT. We saw the award of the new contract in CHINA for CNY $15M. It mark a good start of the YEAR OF 2017. Target level - 10-12cents(3 month time frame).
Closing today $0.07(resistance will be at $0.075)
Monday, 20 February 2017
For all our students who joined our SMS ALERT, we alerted MERCURIUS last WEDNESDAY at $0.031 breakout. We noticed the accumulation range-bound trading pattern of $0.029 -$0.031. Once it break the $0.031 resistance then $0.034, Mercurius is just preparing itself for a huge rally. The huge rally come just in time for our contra-position and took profit off the counters today. Congrats to all who profited on MERCURIUS today. We look forward to tomorrow market surprise.
Congrats all who longed CHINA KUNDATECH on Friday. Today it rallies up early in the morning to hit our target of $0.03. It went up to hit a high of $0.034 today. When it come to penny punting, timing is always important and Friday accumulation was right.
Thursday, 16 February 2017
Thumb Up for all YUUZOO supporters today. We alerted YUUZOO yesterday when it was trying hard to break its resistance at $0.147. This afternoon YUUZOO rallied to hit our target of $0.154. It was a superb performance for this counter today, a successful break further will take it towards the 16cents level.
Tuesday, 14 February 2017
Today we see some profit-taking in the Blue Chips components causing the STI to drop 39 points to 3072. The drag was lead by OCBC profit missing expectations and we feel the rest of the market is only beginning to catch up with the rest of the blue chips components. Profiting-taking today seem to be healthy and not causing panic to the mid-cap and penny space. Today Mid-cap is led by NOBLE GROUP with its strong positive news regarding SINOCHEM. We are focusing on OIL&GAS plays and M&A opportunity among penny counters.
The penny space and mid-cap opportunity is bright ahead and we look forward to another day of action finding good opportunity. Stay Tune as we unlock another day.
Top volume has seen many super rallies in the past few days. We have been concentrating on giving our best shot in the past few months that we do not have time to blog too often. Yesterday we alerted on Interra Resources as we see strong rallies in GSS ENERGY. Both counters do have share some links and the rallies in INTERRA RESOURCES started this morning and hit a high of $0.091(our target). Congrats to all who took profit in it today and we look forward to tomorrow market.