Sheng Siong (OV8) and Diary Farm (D01) - 26 Aug 2016

Under the consumer sector, Dairy Farm and Sheng Siong are the listed supermarkets in Singapore.

I noticed over the weekend that the Cold Storage supermarket at Changi City Point has closed its outlet and the Giant supermarket at Suntec seems to be down-sizing. 

The two charts below shows the technical support and resistance of Dairy Farm and Sheng Siong after the recent profit-taking after recent highs.

The technical resistance for Dairy Farm is currently at US$7.26 and next resistance is at US$7.35.

Price is support is at US$7.18 and US$7.12

The technical support for Sheng Siong is at $1.04 and next price support is at $1.02.

The resistance is at $1.05 and $1.07.

Wing Tai (W05) - 22 Aug 2016

Wing Tai posted a net profit of S$1.88 million for the fourth quarter ended June 30, 2016.
Declared final and special DPS totalling 6¢ (FY15: 3¢). NAV/share at $4.04.
http://www.businesstimes.com.sg/companies-markets/wing-tais-q4-net-profit-dives

The technical price support is at $1.765 and next support is at $1.750.

The price resistance is at $1.790 and next resistance is $1.815.

Global Logistic (MC0) - 16 Aug 2016

GLP to sell 4 properties to GLP J-REIT at 42.7 bil yen. 

http://www.theedgemarkets.com.sg/sg/article/glp-sell-4-properties-glp-j-reit-427-bil-yen

Technical charts shows that the current support for Global Logistic is at $1.895 and the next support is at $1.875.

The price resistance is at $1.925 and $1.965.

First Resources (EB5) - 15 Aug 2016

Will First Resources’ H2 profits wither in line with its waning output? - See more at: http://sbr.com.sg/agribusiness/news/will-first-resources%E2%80%99-h2-profits-wither-in-line-its-waning-output#sthash.3cWCAW0P.dpuf

First Resources closed at $1.705 with good volumes on 15 Aug 2016. 
The next resistance is at $1.80 which is also the 200-day Moving Average. 

Th current price support is at $1.695.

ST Engineering (S63) - 15 Aug 2016

ST Engineering’s net profit barely inches up by 2% to $127m in 2Q - See more at: http://sbr.com.sg/building-engineering/news/st-engineering%E2%80%99s-net-profit-barely-inches-2-127m-in-2q#sthash.Me4WgxtO.dpuf


ST Engineering closed below the 20-day Moving Average on 15 Aug 2016 at $3.34. 
The current price support is at $3.29 and $3.24.

The resistance levels are at $3.36 and $3.43.

Noble (N21) - 11 Aug 2016

Noble Group sunk into 2Q16 with net loss of US$54.9 million.
http://www.theedgemarkets.com.sg/sg/article/noble-sinks-us55-mil-loss-2q

The technical chart shows that the current support is at $0.151 and next support is at $0.146.

The resistance is currently at $0.157 and $0.164.

SingTel (Z74) - 11 Aug 2016

SingTel posted a 0.3% increase in its net profit for Q1 to S$944.3 million. 
http://www.businesstimes.com.sg/companies-markets/singtels-q1-profit-steady-revenue-dips

Current technical resistance is at $4.21 and $4.26

The price support is at $4.15 and $4.06.

DBS (D05) - 08 Aug 2016

DBS 2Q profit drops 6% to $1.05 billion. This was in line with estimates. 
http://www.theedgemarkets.com.sg/sg/article/dbss-2q-profit-drops-6-bad-debt-charges-more-double

DBS is currently trading at P.E. 8.51 while OCBC is trading at P.E. 8.89 and UOB P.E. is at 9.33.

Technically, DBS share price is supported at $14.90 and $14.63.

Current price resistance is at $15.07 and $15.21.

CapitaLand (C31) - 04 Aug 2016

CapitaLand Q2 net profit down 36.6% from a year ago to S$294 million, dragged by higher cost of sales and lower fair value gains of investment properties.
http://www.businesstimes.com.sg/companies-markets/capitaland-q2-net-profit-down-366

The technical chart shows that the current price resistance is at $3.20 and next resistance is at $3.24.

The price support is at $3.13 and $3.07.

StarHub (CC3) - 03 August2016

StarHub posts 9.6% jump in profit for Q2 but EBITDA was lower by 1.3 per cent year on year (yoy) at S$192 million. http://www.businesstimes.com.sg/companies-markets/starhub-posts-96-jump-in-profit-for-q2

Technically, StarHub is on up-trend but it is currently trading side-ways with strong resistance at $3.96 and $3.92.

The technical support is at $3.87 and $3.79.

Sembcorp Ind (U96) - 03 Aug 2016

Sembcorp Industries Q2 earnings plunge 61.3%. http://www.businesstimes.com.sg/companies-markets/sembcorp-industries-q2-earnings-plunge-613

Technically, Sembcorp Ind share price is supported at about $2.70 and the next support is at $2.60.

The current price resistance is at $2.77 and $2.82.

The stock has been trading in a range between $2.70 and $2.87 most of the time.