Wing Tai - Uptrending Stock you should be watching

Singapore market continue to be in consolidation phase since the start of this month.  DBS, Keppel Corp dropped last week, but property sector, and electronics sector did not drop as much.

Wing Tai chart looks very nice at the moment, it has been Uptrend since beginning of this year and up by more than 33% so far. Privatisation of Wing Tai Malaysia was completed last week, increasing their Net Asset Value and making it very attractive for many investors to come in.

As always, we choose to focus on the Uptrending stocks, because that is where we find most profitable trades.

Property Stocks - Capitaland Still good?

Capitaland is a real estate developer based in Singapore. They invest in and manage integrated developments, shopping malls, homes, etc. Recently, they announced 97% increase in their 2Q 2017 profits, due to better operating performance from investments in Singapore and China.

Right now, Capitaland is trending above the 20-day and 50-day moving average. RSI is also above 50 and positively directed. Support level around $3.66, we expect the stock to break above the recent high of $3.88.

In fact, the whole Singapore property sector is in strong uptrend as well. Bukit Sembawang and CityDev are big movers since start of the year, have you noticed that? 

Singapore Company Results: The earnings seasons for Q1 2017 is here ! (Latest)

Many people is asking when is the Quarterly Results or Full year result coming out for Genting, DBS, Capitaland, CityDev, Yangzijiang, Wilmar, Singpost & etc... 
The earnings seasons for Q2 2017 is here, below are the Singapore stock corporate earnings calendar for (Q2 2017)

Source: Bloomberg. Conf = Confirm, Est = Estimate

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