*************** Yangzijiang: Breakout seen today, More upside ?

Yangzijiang has indeed broke above the 1.10 critical resistance level today on TOP 20 volume. Potential reversal and breakout call was alerted to clients on Monday BEFORE THE IMPENDING BREAKOUT (SEE BELOW). Now at 1.13.

 

Sent: Monday, March 31, 2014 9:50 AM
Subject: ************* Potential Reversal: Yangzijiang. Share price 1.09. (Can it clear the 1.10 as confirmation ?)

Yangzijiang has just started moving up over the past few days on stronger than average volume, CURRENTLY AT TOP 30 volume. Monitor for a potential breakout above the 1.10 psychological resistance level. A breakout above this level can also signal a reversal as it has broken up above the channel resistance downwards sloping line which has sustained since Jan this year. Pulling away upwards above the 20 DAY MA line can also signal some short term momentum. A break above 1.10 with volume above 12m shares and the clearing of 1.105 and 1.11 can pave the way to 1.18 then 1.24.

Stop loss at 1.08 on Breakout.

 

 

************** Indo Agri: Uptrend strength still intact..... Follow up from previous call..... Now at 1.035.

Following up from last call: http://singaporetradinginsights.blogspot.sg/2014/03/indo-agri-new-trading-phase-upwards.html

Indo Agri has consolidated briefly for less than a week from 0.97 to 1.02 before we have seen a further breakout above temp resistance today. Likely to head higher to 1.05 then 1.10 in the short term. As long as stay above 1.00, still bullish and uptrend positive.

Stop loss at 0.99

 

AUSGROUP: Live SMS Triggered last week TO OUR CLIENTS AT 0.33....... (Are you missing out ? )

Congrats to some of OUR clients who managed to ENTER Ausgroup at 0.33 or 0.335 after receiving our LIVE SMS CALL LAST WEEK, high seen today at 0.355 and some have chose to PROFIT ALSO.

Be our client now to RECEIVE “ALL” trading calls plus TOP fundamental research in your INBOX now plus “LIVE SMS”, plus many more value added service. Don’t miss out ! Some have already locked in profits today……..

 

Email to enquiry@firstratebrokers.com NOW ! OR Click here to Open a Free Trading account ! J

 

http://singaporetradinginsights.blogspot.sg/2014/03/repost-ausgroup-consolidating-in-wait.html

 

 

***************** Noble: Can it clear the 1.25 resistance now after consolidating ? ( Trading buy with entry: 1.26 to 1.265)

Following up from previous Analysis of Noble Group when it was at 1.225: http://singaporetradinginsights.blogspot.sg/2014/03/noble-follow-up-from-previous-buy-call.html

Noble hit a high of 1.255 today on TOP 5 Volume, seems like the 1.25 resistance might be taken out soon, more confirmation if the 1.26 sellers gets taken out!, Let watch, can average out on this signal. Target will be to 1.30 then 1.38.

Stop loss 1.19

 

******************RH Petrogas: Potential upside on breakout.....0.66 currently ! (FOLLOW UP FROM PREVIOUS CALL)

Following up from previous BUY call made last week (see below email to clients).

RH Petrogas has indeed cleared above the 0.65 resistance level yesterday on closing and traded higher to a high of 0.67 today. More upside can be likely as long as 0.65 remains as new support. Target to 0.700 then 0.800. Resistance has been holding since Jan this year and finally cleared yesterday, let’s watch to see if supported well.

Stop loss at 0.635

 

 

Sent: Monday, March 24, 2014 9:51 AM
Subject: *************** Potential Upside: RH Petrogas. Share price 0.63. (Breakout above 0.65 possible, watch ! )

RH Petrogas has staged a strong rebound after breaking above the 0.55 temp resistance last week, currently likely to test the 0.65 resistance level in the next few days. This was the high set in Jan before it dipped which makes it a barrier to watch. Any upside breakout above this 0.65 level can see it head to 0.70 to 0.80 target. Monitor closely or this potential trade setup.

Stop loss at 0.62

 

************* Pacific Radiance: LIVE call triggered and sent to CLIENTS LIVE YESTERDAY when it was 1.08. Currently at 1.11...

Email to enquiry@firstratebrokers.com to Open a "FREE" TRADING account now to Enjoy LIVE EMAILS AND SMS NOW like our clients.

 

Sent: Tuesday, April 01, 2014 1:34 PM
Subject: ************** Pacific Radiance: Uptrend intact, further breakout above 1.10 possible ! 1.08 NOW, LET'S SEE !

Pacific Radiance has manage to stay above the 1.00 resistance level which it broke above 2 weeks ago. It has since consolidated briefly from 1.05 to 1.10… Uptrend still intact as long as 1.00 support holds. Likely to trade within this range till a further breakout above 1.10 seen. Can consider locking in some long positions in view of this breakout and averaging up on the break. Huge sellers stack at 1.10 currently but after that, its free to go, with target to 1.20 in the near term. Might need to hold for more than a week in wait of breakout so not for contra, put in watchlist !

Stop loss at 1.08 for breakout plays.

 

News -  1^st APRIL 2014

*Pacific Radiance: Bagged a contract worth up to US$100m for its latest maintenance work vessel (MWV) - the first of 14 newbuilds scheduled for delivery in FY14. The vessel will be chartered to an international oil major for up to seven years, including extensions, and should contribute earnings from 2QFY14.

 

DBS – 1^ST APRIL 2014 –

Pacific Radiance - Wins US$100m long-term charter

contract; maintain BUY, target price S$1.20

Pacific Radiance has secured a charter contract worth up to

US$100m for its latest Maintenance Work Vessel (MWV),

which is the first of the 14 new vessels scheduled to enter its

fleet in FY14. The contract with an international oil major is for

a term of up to 7 years, including extensions, and will be

deployed to provide maintenance services for a project in SE

Asia starting from 2Q14. The implied daily charter rate for the

contract works out to be about US$39,000 per day, which is

higher than our existing assumption of US$30,000 per day, and

signals the strength of the offshore accommodation and

inspection, repair, maintenance market in Asia. Our utilisation

assumptions for the accommodation work boat/ maintenance

work vessel segment is also conservative at 60% in FY14/15,

and thus, this contract demonstrates that Pacific Radiance can

still execute better than our forecasts. Maintain BUY with

target price of S$1.20.

 

DMG – 1^ST APRIL 2014

Scoop of the Day: Pacific Radiance (PACRA SP, BUY, TP: SGD1.30)

announced a charter contract for its latest maintenance work vessel (MWV) worth

up to USD100m. The MWV will be chartered to an international oil major for up to

seven years and will be deployed from 2Q2014 onwards, starting with a project in

South East Asia. The vessel is the first newbuild to be added to Pacific

Radiance’s fleet in FY14 and there are 13 more vessels to be added this year.

The contract win was within expectations and we keep our EPF estimates

unchanged. Maintain BUY with a TP of SGD1.30 based on 12x FY14F P/E.

 

REPOST ( NOW AT 0.355 ) ******** Nam Cheong: Consolidating in uptrend channel...... (BUY to hold) - 0.325 (REPOST ( NOW AT 0.355 ))

Following up from previous call, Nam Cheong has tested the 0.35 level today and cleared it on TOP 5 VOLUME, more upside certain if the 0.36 sellers get lifted too….

http://singaporetradinginsights.blogspot.sg/2014/03/nam-cheong-consolidating-in-uptrend.html

 

Sent: Wednesday, March 26, 2014 9:57 AM
Subject: *********** Nam Cheong: Consolidating in uptrend channel...... (BUY to hold) - 0.325

Nam Cheong has been consolidating below the 0.35 KEY RESISTANCE level for about 3 months already. Still trading above uptrend channel support like which held since beginning 2012. Opportunity to accumulate on dips above channel support to wait for a potential breakout above the 0.35 resistance. A matter of time only before a bullish breakout, don miss it then. Not for contra, might have to hold to wait out the consolidation !

Stop loss at 0.275

 

************ Potential Downside: Sunvic. Share price 0.595. (Broke Support) - CFD SELL TRADE SETUP

Sunvic has broken Psychological support at 0.600 with a low today seen at 0.59. More downside can be possible if it does not stay above 0.600 in the coming days… down side to 0.54 then 0.500 can be possible which is also the 200 DAY MA support. More downside if buyers at 0.59 can thrown down fast. CFD SELL trade setup.

BUY STOP 0.61