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.
Tuesday, 28 February 2017
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.
Thursday, 9 February 2017
Wednesday, 8 February 2017
With so much positive news on OXLEY results, a break of 50cents will propel the rally higher. Today Oxley hit our target of $0.54 today closing the year at a new record. It should be able to move higher in the coming session.
VIKING OFFshore we see potential in the strong recovery mode given 2 strong name inside VIKING annual report. Tan Boy Tee is a famous O&G veteran while GKE shares has rally from a low of 8cent this year to a high of 16cents. We will be taking note of VIKING OFF SHORE today. TARGET level - 5-6cents.
Friday, 3 February 2017
MMP RESOURCES next Multi-bagger micro penny to watch out for $0.004. Accumulate for a target of 1 cents.
Thursday, 2 February 2017
After the HK Dual listing run up for $0.22, ISDN has fallen below 20cents. We see ISDN as a VALUE STOCK to take note for given its high NAV $0.37. The stock has fallen from $0.275 high to a low of $0.195, we should see some retracement towards $0.225. Watch closely for ISDN this week.
Loyz Energy reported a stellar profitable results and today it gap up rallying up strongly to hit our target of $0.026. Congrats to all who profited on LOYZ ENERGY today.