Next resistance at 1.35 to clear....... results strong, recent high at 1.58… DBSV: 2Q11 results for STX OSV were above expectations on strong
margins; sustainable through 2H. We expect order wins to feature strongly in 2H, which could be re-rating drivers. FY11F earnings were raised by 17% on positive forward guidance by management. Maintain BUY, TP S$1.90 (Prev S$ 1.86). We continue to like the stock for its market leading position and relatively large market share for large AHTS and PSVs, and strong track record.
Monday, August 15, 2011
STX OSV CHART - Has broke above 1.30, now at 1.32..... Possible to accumulate fom 1.30 to 1.32 level.....
Friday, August 12, 2011
Thursday, August 11, 2011
UOB CHART - Support at 17.80 holding still..... this support has been holding for almost 2 years already....
Bargain hunters can accumulate above 17.80 onward and below18 if possible..... to participate in any rebound in the overall market.... will out a stop at 17.74 strictly.
SINGTEL CHART - Testing 2.85 chart and bouncing up from there....... For long term investors, can consider accumulating some defensive counters like this.....
Good to get it from 2.85 to 2.90 range.....
Subscribe to:
Posts (Atom)