Do you know that Oxley Holdings (Oxley) has the largest residential land bank in Singapore by number of dwelling units, based on an article in the Business Times dated 23 January 2018?
Based on a simple tracking of DBS' share price performance from CD to XD, on average, DBS seems to have moved approximately 4 to 9 percent above its CD price, nearer to XD (translating to around $27.86-29.13). See Table 1 below. DBS is going to XD $1.10 on 3 May.
Previously, I mentioned in my write-up (21 March) that I am avoiding the event risk of the US tariff package against China (click HERE). This proves timely as S&P500 fell 129 points, or 4.7 percent from 2,717 on 20 March 2018 to close 2,588 on 23 March 2018.
Koda has dropped 43 percent from the high of $1.095 on 31 October 2017, to close $0.625 on 16 March 2018. Has Koda’s fundamentals deteriorate since October 2017 to warrant such a massive price decline?
Thai Beverage Public Company (ThaiBev) has dropped 12 percent from an intraday high of $0.920 on 14 February 2018 (before the results) to $0.810 on 23 February 2018. At $0.810, this was the lowest last seen on 13 May 2016. Will it go lower?
Last week, all three U.S. major indices (i.e. Dow Jones Industrial Average, S&P500 and Nasdaq Composite) have registered their best weekly performance in years.
Global indices have recently tumbled at least 6 percent since their recent high. Will markets fall further?
Singapore Telecommunications (Singtel) has breached below $3.50 on February 2018 on increased volume, the lowest close since 4 February 2016. Will Singtel go lower?
GSS Energy (GSS) announced that it has struck oil and (surprise) gas in its first well on 13 December 2017. Share price jumped to an intraday high of $0.178 on 14 December 2017, after the trading halt was lifted but it has since weakened to an intra-day low of S$0.156 on 21 December 2017 before closing at $0.161.
Ying Li's chart seems to be consolidating nicely around $0.14. Where will it go from here?