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.....

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.

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SEMB MAR CHART - Broke above last week high of 4.36 would be a positive... could signal a rebound back up slowly....

4.50 would be a critical resistance to clear... if it crosses this level and stay above, more upside to come... Longer term investors can enter around this level to participate in any rebound..

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Friday, August 12, 2011

WILMAR CHART - Rebounding on strong results...... resistance at 5.20 crossed.... this remains as support

Will still be positive is stay above 5.20 support now... note that recent high was above 5.80, quite a steal at this levels

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KEP CORP CHART - Broke above yesterday high of 9.00 which is also a strong psychological level....Good to rally up again if stays above 9.00

Support at 9.00 currently, can accumulate at this levels form 9.00 to 9.06, next resistance at 9.50...... put a stop at 8.96

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DBS CHART - Still a bargain below 14.00....

For almost 2 years trading sideways, now at the lower end of this range... For longer term investors, good to consider going in at this levels

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GENTING SP CHART - Back to above 1.70 resistance, can signal strong buy up to 1.75 level.....

Broke above yesterday high of 1.70..... Will be good to go again if manages to stay above 1.70... now at 1.71

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