Following up from previous blog post in Japfa >> http://singaporetradinginsights.blogspot.com/2018/07/japfa-heading-towards-next-target-one.htmlWe have seen some consolidation from 0.62 to 0.66 and finally the bullish actions continued again 3 weeks back…Hence, some upside target were reiterated to 0.72 and even higher…See what I mean…Over the past 2 weeks, we have indeed seen more strength and Japfa has not only hit our first target but also traded to a high of 0.76 today…And looks set to head towards our 2nd target as drawn previously..Targets were reiterated again last week when we saw buyers coming back strongly…Would want to protect profits at this juncture too….More importantly, we actually had a few Bullish entry and exit signals for Japfa…The recent bullish s

Recently, the Singapore Exchange released a report highlighting the best-performing small-cap consumer stocks. These companies have a market capitalisation of between S$100 million and slightly above S$2 billion. Year-to-date, the top five performers among the 50 small-cap consumer stocks were Japfa Ltd (SGX: UD2), BreadTalk Group Limited (SGX: CTN), JB Foods Ltd (SGX: BEW), Sheng Siong Group Ltd (SGX: OV8), and Cortina Holdings Limited (SGX: C41). Their total returns (includes capital gains and dividends) were 33.7%, 31.4%, 27.8%, 19.9% and 18.6%, respectively. What also caught my eye was that the top 10 best-performing small-cap consumer stocks have an average dividend yield of 3.6%. The yield is better than the stock market’s in general. With that, let’s look at the top three stock

Just last month, we have spotted some bullish actions in Japfa with some signs of a trend reversal…Trend indicators were starting to turn upwards and hence some upside reversal was expected with target at 0.62 first…We have hit our first target at 0.62 over the past 2 weeks, see what was sent..Targets were reiterated last week again on some good support found at 0.62.We may be heading towards our next target at 0.72 where some selling pressure can happen again…Uptrend reversal may still be playing out…Targets get be revised higher on more positive actions…Want to get ideas like these faster plus top research vetted by Joey personally?  Open a free trading account here.

Japfa Ltd (SGX:UD2) is an industrial agri-food company that produces and sells dairy products, protein staples and packaged food products in Asia. Here are some things investors should know about its business. What it does? Headquartered in Singapore, Japfa operates across the whole agri-food business chain. Firstly, the company provides upstream solutions to animal breeding by providing animal feed production. The company also engages in dairy and beef cattle, poultry, swine and aquaculture breeding. Furthermore, the company operates dairy milking plants and commercial livestock fattening farms, in what is considered the midstream business. At the downstream side of its business, Japfa processes its dairy and consumer products. They own recognised dairy product and consumer food brands in