Thursday, 27 June 2013

MARKET OUTLOOK 27 JUNE 2013

The Straits Times Index rally again today on further evidence that the FED will not taper the QE too quick on weak US GDP data. We have long blue-chips since wednesday and reaping the benefits of the rally. Watch out for more trading opportunity to come.
 
 
 
We would like to share with the public 1 counter worth waiting for the dividends is VALUETRONICS. The counter is on Cum Dividend with HK$0.08 equal to about SG$0.013(x .1635), a yield of 6.3%. Most of the people may not notice that the counter is trading at Price x Earnings (PE ratio) of 3.88x which made the stock an acquistion potential given its cheap valuation.
 
 
 

No comments:

Post a Comment