Author: ccloh Strategic Investor Zone

Stock Incubator Part 3.1 — Creative Technology Limited

On 29th Nov 2018 Creative Technology made an announcement titled “75 Million Users To Enjoy Super X-Fi Headphone Holography As Creative Partners With iVideoSmart“.  That is a piece of positive news as it signals Super X-Fi technology is being used commercially but definitely not as bombastic as “Creative Partner Smartphone Maker For Super X-Fi Solution”.  This is mainly because not many people know iVideoSmart and what products/services/solutions its offers.  iVideoSmart might have seen something in Creative’s Super X-Fi technology that could give an edge to business if not the partnership doesn’t make any business sense.  Nevertheless, this is a...

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STI Analysis — the next peak and trough ? (35)

Continued from STI Analysis — the next peak and trough ? (34) The pull back for STI after hitting 3192.88 on 3rd Dec 2018 wasn’t something unexpected.  The pull back should have some more downside to go to around the 3078 level and it does look very possible next week given STI closed 3111.12 on 7th Dec 2018.  This is because considering STI is developing into a 3rd wave extension of 3rd wave pattern as shown in the chart below. The 3rd wave is the M3 wave and its extension is the 5-wave pattern of its lower degree, the...

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STI Analysis — the next peak and trough ? (34)

Continued from STI Analysis — the next peak and trough ? (33) Previously, mentioned STI still stuck in both scenario of still in correction and doing post-correction uptrend by Elliott Wave count.  However, new development surfaced for the past 1 week. Still In Correction This is the Elliott Wave count marked in Red in the above chart.  However, due to the development of STI in the past 1 week rising above 3121.27, this has broken the pattern of the correction.  That is the M1-M4 wave in IC wave is no longer valid.  As such, the Elliott Wave count associated...

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Portfolio — Nov 2018

Investment Portfolio 1. Received CapitaMall Trust dividend of 4.35 cents/unit 2. Received SingPost dividend of 0.50 cents/share 3. Received SIA dividend of 8 cents/share   Stock Holding Price* Market Price Unrealized Profit/Loss Dividend Return Non-Strategic CapitaMall Trust $1.155 $2.25 +92.40% +85.66% First REIT $0.5973 $1.04 +73.70% +114.82% Genting SP $0.5314 $0.97 +81.95% +25.40% KepCorp $7.4156 $6.06 -18.64% +43.97% SIA $12.0697 $9.51 -21.61% +35.17% SingPost $1.0093 $0.99 -2.49% +48.27% MapletreeInd Trust $0.8537 $1.90 +121.19% +72.54% Kep DC Reit $0.9174 $1.36 +50.94% +22.74% Frasers Cpt Trust $1.6314 $2.16 +30.71% +21.51% Unrealized +38.56% +63.39% Strategic Kep REIT — $1.15 115.00 cents/share 20.47...

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Stock Incubator Part 1.3 — Nordic Group

Price of Nordic Group has fallen from an all time high of $0.63 (unadjusted for dividend) on 29 Jan 2018 to a low of $0.395 on 23 Nov 2018, a drop of 37.3%.  If it is adjusted for dividend, the price drop is from $0.61 to $0.395, 35.25%.  Alarming and shocking ?  Is the price drop due to fundamental change or correction for price overrun fundamental ?  Well, to me the price correction is something expecting as it is a correction for price overrun fundamental. When I first invested in 2014, the price was just $0.1037 and at a...

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S&P 500 Elliott Wave Analysis

US indices are renowned for following Elliott Wave very closely and it is worth to analyze to archive for future use. Above is the S&P500 chart for the recent correction.  Ignoring the Elliott Wave degree it is in and just solely focus on the present correction, it is no doubt doing a zigzag pattern of A-B-C.  For each of A-B-C wave, there is another sub-level of a-b-c zigzag.  The following is some of the statistic observed from it. W5 = 2939.86 A-a = 2710.51 A-b = 2816.94 (46.41% A-a) A = 2603.54 (93.05% A-a) B = 2815.15 (62.92% A)...

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Journey To Retirement Part 2.4 — First REIT

The share price of First REIT plunged these 2 days.  In fact after its latest XD on 30th Oct 2018, price fell from $1.21 to today intra-day low of $0.92, a drop of almost 24%.  This was due to the concern of its main revenue contributor and sponsor Lippo Karawaci’s credit rating being downgraded by Fitch by 2 notches.  Refer here for detail write up. First REIT is one of my biggest holding in my portfolio, 30.29% allocation.  Naturally, the plunge in share price should get my worry or wondering should I divest (total or partial).  However, First REIT...

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Journey To Retirement Part 4.2 — SingPost

2018 marks a milestone for my investment in SingPost.  It is the 3rd stock after Genting SP and First REIT that I holding for 10 years already. With a closing price of $0.965 on 16th Nov 2018, it is now in the red with an unrealized loss of 4.96% representing an annualized loss of 0.51% as my holding price is at $1.0093.  However, the dividend return for a decade stood at 48.27% and including these dividends, the annualized return is 3.66%.  So this highlights the importance of dividend ! 10 years ago when I first started investing in SingPost...

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DBS, OCBC, UOB Analysis (2)

Continued from DBS, OCBC, UOB Analysis As mentioned in previous analysis all the 3 banks are in Primary degree Wave 4 of Cycle degree Wave 3 correction.  The question now is has the correction over for the 3 banks ? The above are the charts for the 3 banks.  As clearly seen, OCBC is the only bank that has broken out of the downtrend channel.  DBS and UOB still have like 6.58% and 8.94% respectively away from breaking out of the downtrend channel.  The downtrend channel is very consistent for the 3 banks to provide a fair analysis and...

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STI Analysis — the next peak and trough ? (33)

Continued from STI Analysis — the next peak and trough ? (32) There isn’t any convincing confirmation that STI has ended the correction at 2955.68 or still have a final downside.  With that, STI now still taking both possibilities — correction ended or still in correction. A very messy chart as trying to squeeze all views in it but will go through in detail. 1. STI still trap within the downtrend channel (light blue colored).  It is only a breakout from it will give strong confirmation of correction is over (probably not in the sense of Elliott Wave analysis). ...

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Going Forward Analysis

US midterm election is over with Democrats taking control of the House and Republicans retain the control of the Senate, a result that was largely expected.  The division going forward could bring some interesting events.  While most believe with the Democrats taking the House will not change anything to the ongoing US-China trade war, they are right and they are also wrong ! To the Democrats, they will not interfere with Trump’s foreign policy unless it is something deem too damaging to the nation.  The Democrats aim is to focus on domestic issues, the bread and butter issues facing...

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STI Analysis — the next peak and trough ? (32)

Continued from STI Analysis — the next peak and trough ? (31) Before any update, there is something that was missed out in the previous analysis on the case of STI possible ended the correction at 2955.68.  This update will rectify that. Firstly, on the case that Elliott Wave count for the correction has not ended — the Red and the Grey as shown in the above chart, there isn’t any different in wave count from the previous analysis.  The rebound to 3121.27 on 2nd Nov 2018 is taken as M4 of the 5-wave diagonal of the 2nd 5...

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ComfortDelGro Analysis (3)

Continued from ComfortDelGro Analysis (2) Another index component stock that stick to Elliott Wave Fibonacci guideline very closely. ComfortDelGro completed a 5-wave Primary degree Elliott Wave, Cycle degree Wave 1, at $2.49 since the start in Dec 2017.  Currently it is in Cycle degree Wave 2 correction. Looking at the statistic for the 5-wave Primary degree Elliott Wave :- P0 = $1.806 P1 = $2.083 P2 = $1.873 P3 = $2.464 P4 = $2.22 P5 = $2.49 This will give the following Fibonacci ratio :- w1 : w3 : w5 = 1 : 2.134 : 0.975 w2 = 75.81%...

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OCBC Analysis (2)

Continued from OCBC Analysis and DBS, OCBC, UOB Analysis A new development happened to OCBC price performance today. As shown from the chart above, OCBC hit an intra-day high of $11.21 and closed $11.15 today.  This level appears to be breakout from the downtrend channel with high volume.  Does that mean the Primary Wave 4, P4, correction for OCBC has ended at $10.36 on 30th Oct 2018 ?  Unfortunately, it is still uncertain until the price level moves to the a conclusive level.  However, do not rule out the possibility that it is too. This is a P4 correction, a...

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Portfolio — Oct 2018

Investment Portfolio 1. Received Kep Reit dividend of 1.36 cents/unit 2. Received First REIT dividend of 2.15 cents/unit 3. Received FrasersCom Trust dividend of 2.40 cents/unit 4. Entitled to MapletreeInd Trust scrip or cash dividend of 3.01 cents/unit 5. Received Frasers Cpt Trust dividend of 2.862 cents/unit 6. Received MapletreeCom Trust dividend of 2.27 cents/unit   Stock Holding Price* Market Price Unrealized Profit/Loss Dividend Return Non-Strategic CapitaMall Trust $1.155 $2.11 +80.35% +81.92% First REIT $0.5973 $1.20 +100.43% +114.82% Genting SP $0.5314 $0.88 +65.02% +25.40% KepCorp $7.4156 $6.20 -16.76% +43.97% SIA $12.0697 $9.48 -21.86% +34.50% SingPost $1.0093 $1.04 +2.46% +47.77%...

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