Following a strong performance in the Singapore stock market to date, investors are finding it difficult to look for decent-priced stocks to add to the portfolio. Here, we highlight six of UOBKH’s latest stock pick recommendations for the month of May that are touted to have room for its share price to run. Investors Takeaway: 5 Stocks To Own In The Best Performing Market In Asia CSE Global CSE Global is one of the few qualified system integrators in the region for oil and gas and communication infrastructure industries. With 32 years of track record in a business with high entry barriers, CSE Global has a good competitive advantage over its peers and any potential new entrants. With oil prices on a strong recovery trajectory, UOBKH highlights CSE Global as a good proxy for the recove

MARKET OVERVIEW- The market could edge higher after US stocks rallied to a 7-week high as a benign inflation data reduced the odds of aggressive Fed interest rate hikes. - Technically, STI could continue to drift directionless in the near term within the broad 3,500-3,610 range.CORPORATE RESULTS*Genting Singapore- 1Q18 net profit rose 3% to $217.2m, achieving 29% of full-year consensus estimate.- Excluding one-off $96.3m gain from disposal of Jeju JV in 1Q17, earnings would have soared 156%.- Revenue jumped 15% to $675.1m on robust growth in volumes across gaming (+17% to $507.4m) and non-gaming segments (+10% to $167.1m). - Adjusted EBITDA leapt 27% $358.9m on 40% drop in bad debt provisions. - Japan IR Implementation Bill has been submitted to Diet for debate, paving the way Japan gaming

Oxley tipped to clinch Pei Fu Industrial Building OXLEY Holdings is expected to clinch Pei Fu Industrial Building off Upper Paya Lebar Road in what could be the first collective sale of an industrial property to be awarded this year. The Business Times understands that the mainboard-listed group will be paying S$76.25 million for the freehold property in New Industrial Road. The expected transaction price, which surpasses the reserve price of S$75 million, works out to S$489 per square foot per plot ratio (psf ppr), based on the proposed gross floor area (GFA) of 155,864 square feet (sq ft). (adsbygoogle = window.adsbygoogle || []).push({}); Ascendas Reit’s Q4, full-year DPU up on acquisitions ASCENDAS Reit on Monday reported an increase in distribution per unit (DPU) to 3.91 Si

Time flies, and we are already in April! And as we enter into a new month, it is also time to update ourselves with the Alpha Picks of the month selected by UOB Kay Hian. March was not a great month for the STI as it slipped 2.6 percent month on month due to rising concerns of a trade war and also due to the rising interest rates environment. However, there’s some good news for investors as most of the Alpha Picks selected did better than the STI in March. Going into April, UOB Kay Hian is focusing on the “defensives”, adding Sheng Siong into their basket with expectations of stronger growth in 2018. Singtel is also another one of their “Buy” stocks due to the geographical diversification of their business which reduces volatility.   Here is a closer look at the various Alpha S

There has been a spate of en-blocs and government land sales that has happened over the last 1 year. Launches of new condominiums are sprouting up here and there as developers try to take advantage of the positive sentiment in the market and capture buyers. The present property environment suggests that developer, investor and buyer sentiment is on a mend, reflected in an uptick in the URA’s property price index since mid 2017. Are you looking to enter the market to get your first, second, or possibly tenth property? In this post, I compile a list of new condominium launches that are slated to enter the market in 2018. List of new condominiums launching in 2018 The Tapestry Verandah Residences 8 Hullet Amber 45 Grange 120 The Enclave Holland Parksuites at Holland Grove Margaret Vill

Riverfront Residences condo, formerly known as Rio Casa, at Hougang/Serangoon is an upcoming development slated to be launched by the buyers, an Oxley-Lian Beng venture. This post will give you a review of Riverfront Residences, pricing, floor plans, site plan, showflat location and information you need to make an informed investment decision. Use the following quick navigation content page or contact us immediately to register your interest in Riverfront Residences, the new condo on the site of the former Rio Casa. Quick Navigation Condominium summary Key selling points Condominium location Unit mix Floor plans Pricing Showflat location Site plan Gallery and views Condominium facilities Surrounding amenities i.e. Transport, education, healthcare, shopping/entertainment and outdoor/fitnes

In February, many of the stocks took a hit and went down amidst fear of interest rate hikes and uncertainties over US’s inflation. However, given the backdrop of global economic growth, UOBKH opines that these “recovery plays and reflation picks” will still do well. Overseas-Chinese Banking Corporation Overseas-Chinese Banking Corporation (OCBC) has been added to UOBKH’s alpha picks for March 2018, due to the eventual divestment of its 30 percent shareholding in Great Eastern Life Malaysia either through an upcoming IPO or a trade sale. The plan is likely to happen in 2H18 and analysts are expecting the funds from divestment of shareholdings to be a catalyst to “further propel growth”. DBS Group Holdings DBS Group Holdings (DBS) has been performing well, exceeding analysts’ e

In close to three decades since the introduction of Volatility Index (VIX), the “fear index” has never been as low as 2017, having hit an all-time low of 9.14 in November 2017. As we entered 2018, VIX slowly crept up and shot to 37.2 at the start of February. While VIX is now lower at 19.6, it is still above levels seen in 2017. While the VIX has historically been an early warning signal for a market crash, UOBKH believes it is different this time around. UOBKH notes that the current volatility is not as severe as compared to 2015. The recent market pullback of around 11 percent from its peak, however, mirrors the same magnitude of the plunge in 2015. But since then, the market is slowly recovering back to its all-time high in January. UOBKH: Investors Should Look Beyond Short-Term Noi

One of the biggest single day drops in the markets we’ve seen in a while. Good to see some volatility coming back into the markets. Of course, it caught some of our positions, but that’s part and parcel of trading. After that immense drop in US, you should have exited or scaled out of your long positions. As noted in our community, record your observations from this event and learn from it, then move on. Move on to focus on finding the next opportunity, and the next opportunity, and the next opportunity… It’s so important to be part of a community, to support you and remind you of what you should be doing. The value is less apparent during peaceful markets, but it becomes very clear during challenging times. And you’ll be glad for it. Don’t trade al

  As we near the end of January, we have yet another festive season to look forward to, Lunar New Year! But first let’s take a look at the month which just passed. Global markets have experienced a rally, which the STI is clearly taking part in as well. This up move in global markets in January once again provides testament to the seasonal tendency called the January Effect, also known as the more mystical-sounding Capricorn Effect. If you haven’t heard of it, or don’t know exactly what it is, just take a read on this Wiki link or this Investopedia link here. Great information on both sites. If you’d like to know exactly how to position yourself in the markets at any time, Click here to find out more. STI Taking a bit of a breather now. Uptrend still, so don

  The newest addition this week is Citydev. City Developments is one of the most successful property developers on our shores. Founded 50 years ago, City Developments has expanded internationally into various areas of real estate. In 2014, they began their fund management arm as well. We are sitting on a few positions now, so we’re just waiting for markets to keep moving. If you’d like to know how you should be positioning yourself in the market right this instant, Click here. STI The STI is going really strong still. Its strength is in line with most major global markets which are making historic highs. STI strength keeping up with global markets   Wing Tai We just got our entry triggered today. Be patient and follow system. Let’s see where this takes us.

Venture new highs again   We covered Venture early in 2017 as well. This year Venture is yet again on our watchlist as it makes new all-time highs. We have some signals from the setups we’re watching, so waiting on triggers for entry. There are no signs of weakness in the market just yet. So we should take it that the uptrend is still in play. A good many counters are taking to new all-time highs as well. If you’d like to know what the market is doing now, Click here to find out.   STI We’re quite comfortably trading above the 3500 level. However a pullback to test 3470 could be on the cards. If that happens, we should continue to look for buying opportunities. STI still going strong   Wing Tai We finally have our first signal, waiting on the trigger. Be pa

  As mentioned in past posts, there are some interesting setups with price consolidating towards the end of the year. We are now seeing some of those setups breaking out of the consolidation to give us fresh signals. Let’s take a closer look at a few of these setups. If you’d like to learn more about how we find the best counters to trade, Click here to learn how   STI Still going strong as we trade above the 3500 level easily. STI going strong   ComfortDelGro We exit at 2.04 Well managed trade! Frees up capital to get in the next winner. ComfortDelGro well managed trade!   Wing Tai Be patient and follow system. No signal yet. Wing Tai be patient and wait for signal   Keppel Corp This is another counter looking to continue its uptrend. We see a stron

  Happy 2018 everyone! As the new year comes around, the markets globally are looking strong. We have moves to new highs on the US indices. Asian indices are going up as well with the STI reaching 3500. Is this an indication of a good year for global markets this year? We had a pretty good trading year in 2017 with the markets generally trending higher. If you’d like to see how we did in 2017, read this post here. To find out how we did it, Click here to begin your journey.   STI We’re seeing a strong move higher to start the year. STI reaches 3500 again today. STI starts the year with a strong move   Genting We have an exit at 1.32 when the candle turned red. So that’s it for our Genting trip for the moment. Good little trade with 2 entries! Genting was

Disney buys over FOX   Who would have thought that a company which started off producing children’s cartoons, would become such a heavyweight in the entertainment industry almost a hundred years on. Disney buys over FOX for 52.4 billion, in one of the most high profile purchases as this year comes to a close. The markets in general have continued their run higher. There is acknowledgements all around from global Central Banks as they began tightening slightly. The markets are not yet reacting to this yet, not with any sustainable moves at least. Barely even with any volatility. If you would like to identify stocks to trade quickly, Click here to find out how.   STI The market continues its slow grind higher. It’s contending with the 3450 level now, so the next milest