ShareTradeForum
KEpCorp - 24th Jan 2017
KEpCorp has a beautiful crossed over at $6.31 the previous high. This is rather bullish.
The current price of $6.33 is staying above the SMA lines which is generally quite positive.
Both Macd & Rsi are also rising which may likely provide further indication that the share price may continue to head higher.
Short term wise, I think it may likely move up to test $6.40 then $6.45.Breaking out of $6.45 with good volume that may propel to drive the share price higher towards $6.50 then $6.60.
(Trade base on your own decision)
7 comments
Keppel REIT may have recorded an 11.9% drop in distributions per unit for 4QFY16, but analysts say the stock remains fundamentally sound.
Religare Institutional Research's Pang Ti Wee pointed out that DPU had fallen from the divestment of the 77 King Street property. On top of that, the group had a capital distribution of 0.16 cents in 4QFY15. Excluding the effects of the capital distribution, DPU would have fallen just 2.6%. Read More - http://www.theedgemarkets.com.sg/sg/article/keppel-reit-still-%E2%80%98fundamentally-sound%E2%80%99-despite-big-dpu-drop
Keppel Corp. Ltd. reports financial results for the quarter ended December 31, 2016. Highlights Summary numbers: Revenues of SGD 1,939.99 million, Net Earnings of SGD 143.06 million. Gross margins widened from 12.04% to 18.81% compared to the same period last year, operating (EBITDA) margins now 22.39% from 14.53%.
Keppel corp is a blue chip counter and is traditionally well covered by analysts.
My conservative investment strategy in blue chip stocks is to look at the overall market index (FTSE). If the index is above SMA 200, then it can generally be considered an uptrend market and hence is safe to invest into blue chip counters. Else better stay away from them because they are sensitive to market index. In fact, they are the stocks that contribute directly to the movement of the market index.
this counter just buy and buy and buy for retirement purpose?
haha...
only sell when PE too high?
Holding on strong. Don't feel comfortable with all the action regarding dilution of shares, jk buy ans Ausgroup cooperation. May be I am wrong
Keppel Shipyard secures four new contracts worth over $60m
http://splash247.com/keppel-shipyard-secures-four-new-contracts-worth-60m/