It been a difficult month for the month of JUNE 2017 this year. We can feel the market is getting tougher days by days even though the Straits Times Index is holding up quite well. But bear in mind that a lot window dressing going-on in this few days. Next month we will unveil our NEW STRATEGY to counter the VOLATILE MARKET. We have since update our LIVE STOCKTRACKER in our page.
Friday, 30 June 2017
Tuesday, 27 June 2017
IFS Capital just broken out of the resistance at $0.245 and $0.25 today. For all those who don't know much about IFS CAPITAL, the biggest substantial shareholder is Mr Lim Min Hua, boss of Phillip Securities. Why is he buying shares in IFS CAPITAL recently, it could be something interesting that we do not know yet.
Tuesday, 20 June 2017
OEL will be the Star to shine if the counters can break the 1.1cents resistance to rally towards 2cents. Volume and momentum is picking up today.
Wednesday, 14 June 2017
Remember JEP right issues back in NOV 2016, they priced their rights issue at $0.02 with exercise price $0.02. For VIKING case, they priced it at $0.018 with their exercise price at $0.025. They are pricing their right issue lower than the exercise warrant price, one reason we see is that they are confidence of the recovery in the OIL & GAS beyond 2018 & 2019. Effectively, if one was to buy the Viking R at $0.001 and apply the rights at $0.018(the ultimate cost is $0.019) with the warrant still way out of the money($0.025).
Monday, 12 June 2017
Only can use 1 word to describe UNITED GLOBAL - beautiful chart. The stock breakout after the strong resistance clear at $0.32 today. It touches a Day high of $0.35(could be seen as the next resistance). This stock has potential to reach 40-50cents range in this Month of June.
Next super micro-penny. With strong volume increasing at $0.011, the big boys are accumulating up for a big rallies to come. TP $0.02 above.