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avatarmchongmy
2022-07-27

Bilibili Scandal

$BILIBILI-SW(09626)$  is under fire after Chinese Basketball Association (CBA) sued the streaming video services giant for the unauthorised online broadcast of its games. CBA has demanded 406 million yuan (US$60.12 million) in legal compensation, for its specialised tabs, channels and rankings on its website to host CBA-related content, which is a “direct and deliberate infringement”, the Beijing court’s filing said, with 281 full videos and 416 highlight clips of the CBA Games during the 2019 and 2020 season, as Bilibili’s rights for streaming the CBA’s ended 2018-2019. The copyright infringement case against Bilibili is currently being processed by the Beijing Intellectual Property Court. Bilibili, which is listed
Bilibili Scandal
avatarmchongmy
2022-07-25

Anyone considering buying KEPCORP?

Hi guys! anyone considering going long for $KEPPEL CORPORATION LIMITED(BN4.SI)$ ?[Grin] On the H4, with price bouncing off the ichimoku cloud and breaking out of the descending trend channel, we have a bullish bias that price will rise from the entry at 283.7500 at the overlap support. If price rises and breaks the intermediate resistance at 305.4490 at the multiple swing high in line with the 61.8% fibonacci retracement, we will have upside confirmation that price will rise to the take profit at 330.1410 at the horizontal swing high in line with the 38.2% fibonacci retracement. Alternatively, price may break the support structure at the entry and drop to the stop loss at the swing low at 254.5686.let me know what
Anyone considering buying KEPCORP?
avatarmchongmy
2022-07-20

Anyone thinking of buying JD.COM?

Hi guys![Cool]  Anyone thinking of goin long for $JD-SW(09618)$ ?On the H4, with price moving within the ascending trend channel andMACDshowing abullishmomentum. we have abullishbias that price will rise from the entry at 248.2 to the take profit at 265.8 at the swing high in line with the 78.6% fibonacci retracement. Alternatively, price may drop from the entry to the stop loss at 234.0 at the multiple swing low in line with the 50%fibonacci retracement.Entry: 248.2[Smile] Take Profit: 265.8[Miser] Stop Loss: 234.0[Anger] Let me know what you guys think![Shy] If you wish to leverage on this, consider using DLCs:$JD 5xShortSG230620(DGNW.SI
Anyone thinking of buying JD.COM?
avatarmchongmy
2022-07-19

Anyone shorting SPX?

Hi guys!Anyone thinking of shorting $S&P 500(.SPX)$ ?On the daily timeframe, with prices moving in a descending trend channel, we have a bearish bias that price will continue to drop form the entry at 3904.920 at the overlap resistance in line with the 50% fibonacci retracement to the take profit at 3646.730 at the swing low in line with the 61.8% fibonacci projection.Alternatively, price may break through the resistance and rise to the stop loss at 4086.796 at the pullback resistance.Take profit: 3646.730 [Sly] Stop loss: 4086.796[Spurting] Entry: 3904.920[Victory] Let me know what you think!If you wish to leverage on this, consider using DLCs:$
Anyone shorting SPX?
avatarmchongmy
2022-07-14

Shorting TENCENT?

Hi guys! Anyone thinking of shorting $TENCENT(00700)$ ?Here's my technical take on tencent, let me know what you guys think! [Grin] On the H4, with price moving in a descending trendline and below the ichimoku cloud, we have a bearish bias that price will continue to drop from the sell entry at 353.6 in line with the pullback resistance, 100% fibonacci projection and 127.2% fibonacci extension to the take profit at 297.2 at the swing low in line with the 78.6% fibonacci projection. Alternatively, price may revers off the sell entry and rise to the stop loss at 388.0 at the pullback resistance in line with the 100% fibonacci projection. Take profit: 297.2[Miser] Entry: 353.6[Great] Stop loss: 
Shorting TENCENT?
avatarmchongmy
2022-07-14

Thinking of shorting the Hang Seng TECH Index?

The strict COVID-19 regulations in China have led to the fall of many Chinese stocks. $HSTECH(HSTECH)$  fell for a third day, facing its longest losing streak in 3 weeks after trading resumed after a holiday.The Hang Seng TECH Index represents the 30 largest technology companies listed in Hong Kong that have high business exposure to technology themes and pass the index's screening criteria. China’s stock rout deepened, as investors continued to flee from a growing number of risks:Talks between U.S. and Chinese officials last Monday did little to banish fears that China could get drawn into the web of western sanctions as a result of its continued support for Russia’s invasion of Ukraine, while authorities have now locked do
Thinking of shorting the Hang Seng TECH Index?
avatarmchongmy
2022-07-05

Is Venture Corp worth looking into?

$VENTURE CORPORATION LIMITED(V03.SI)$ reported a 29% increase in net profit to $84million in Q1 of 2022 ended March. Singapore's Venture Corp Ltd provides contract manufacturing services to electronics companies worldwide, by trading and manufacturing electronics and computer-related products, developing and marketing colour imaging products for label printing. Despite their Shanghai operations coming to a stop in March due to the strict COVID-19 regulations in major parts of China, its impact on Venture Corp was minimal. Following the release of their 2022 Q1 financial report, analysts have a positive outlook on the tech organisation, as they reported stronger-than-expected financial results for its first qua
Is Venture Corp worth looking into?
avatarmchongmy
2022-06-28

Shorting Tencent?

Yesterday’s announcement that Dutch technology investment company Prosus, and Naspers, which holds 28.78 per cent stake in $TENCENT(00700)$ , would gradually sell their shares, led to a fall of 2.5% to HK$374.60. The stock last traded down 1.3 per cent, the third biggest percentage decliner in the Hang Seng Tech Index. The decision comes after Prosus NV reported a 20% fall in annual core headline earnings and announced a major share repurchasing programme. To fund the programme Prosus will gradually sell down its massive 28.9 per cent stake in Chinese software giant Tencent, owner of WeChat, worth more than $100 billion at current prices.Despite the fall in shares, Tencent could still be a worth investment to look into.
Shorting Tencent?
avatarmchongmy
2022-06-22

Is 2018.HK AAC Tech worth the investment?

According to the recent ‘5G Mobile Devices Radio Frequency Front Ends Market’ Report by A2Z Market Research, $AAC TECH(02018)$ AAC Technologies was amongst the top 11 companies that made the most revenue from the 5G market from 2015-2018.  The report also stated that“The Global 5G Mobile Devices Radio Frequency Front Ends Market size was estimated at a reasonable million USD in 2021 and expected to reach a healthy million USD in 2022, and is projected to grow at a steady CAGR to get a prominent million USD by 2027.” In the most recent market update, AAC Technologies improved 1.84% during the Asia Market, with many other Hong Kong stocks improving as well due to the gradual reopening of Hong Kong and other Chinese ci
Is 2018.HK AAC Tech worth the investment?
avatarmchongmy
2022-06-08

Potential Bullish momentum for 1211 BYD ?

hi guys! anyone looking to go long for $BYD COMPANY(01211)$ ? With price moving above the ichimoku cloud on the H4, we have a bullish bias that price will rise from the buy entry at 280.2 in line with the 38.2% fibonacci retracement at the overlap support to the take profit at 323.6 at the swing high. Alternatively price may break the support structure to the entry and drop to the stop loss at 253.2 in line with the 61.8% fibonacci projection.Let me know what you guys think!Buy entry:280.2[Smile] Take profit:323.6[Miser] Stop loss: 253.2[Cry] if you wish to leverage on this, consider using DLCs: $BYD 5xLongSG230202(DLCW.SI)$ 
Potential Bullish momentum for 1211 BYD ?
avatarmchongmy
2022-05-31

Is Sembcorp worth sustainable investing?

Singapore's $SEMBCORP INDUSTRIES LTD(U96.SI)$ solar farm is expected to produce about 22,025 MW hours of power annually, which is exported to Singapore's national power grid. This will help to avoid approximately 9,000 tonnes of carbon dioxide emissions a year, which is equivalent to planting almost 150,000 trees. Covering almost 10 hectares of temporary vacant land with over 33,500 solar panels installed, the new solar farm at Tuas industrial estate can power about 4,700 4-room Housing Board (HDB) flats a year.The interest rate of the loan facility will be subject to a step-up margin if Sembcorp does not cut greenhouse gas emissions intensity to 0.40 tonne of carbon dioxide equivalent per megawatt hour or less by end-2
Is Sembcorp worth sustainable investing?
avatarmchongmy
2022-05-26

Great Wall Motor going global?

Headquartered in China, $GREATWALL MOTOR(02333)$ is China’s top homegrown SUV maker. In April 2022, GWM reported a 41% plunge in April sales as a result of China’s zero-covid policy which drove some heavily populated cities to be under lockdown and the economy to come to a standstill. In March, United Overseas Bank (UOB) announced their collaboration with GWM to expand its business to the ASEAN region, by supporting the company with local funding and market advisory services seamlessly and quickly. Expanding to the ASEAN region would be beneficial to the company as the ASEAN market is of key importance due to the region’s potential and rising demand in green vehicles.  As of the end of May, GWM has begun e
Great Wall Motor going global?
avatarmchongmy
2022-05-25

Could SIA return to pre-pandemic status in 2022?

With borders opening up and people desperate to leave to travel, $SINGAPORE AIRLINES LTD(C6L.SI)$  has reported its annual revenue to have doubled to S$7.6 billion over the past year. Analysts attribute this success to the launch and expansion of the Vaccinated Travel Lanes (VTL) in collaboration with multiple travel destinations such as Switzerland, UK and Bali, which enabled people to travel without the need for quarantine, encouraging people to get vaccinated so that they can travel once again.Resumption of air-travel has also provided job opportunities for Singaporeans. With the frequency of flights expected to increase over the year, cabin crew recruitment has resumed after a 2year hiring freeze. Additionally, SIA pilot
Could SIA return to pre-pandemic status in 2022?
avatarmchongmy
2022-05-23

Could Xiaomi be the next biggest global tech giant?

With talk about the upcoming Redmi Note 11T series launch and plans to mass produce its own cars in 2024, some big brokers such as UOB Kay Hian, have listed $XIAOMI-W(01810)$ stocks with a “buy” rating, with expectations tooutperform its peers with continued growth in global market share. With China’s nationwide lockdown due to the COVID-19 outbreak, Xiaomi suffered a fall of 4.6% in Q1 revenue, from supply chain disruptions. However, after the holiday quarter, Xiaomi reported a quarterly profit that beat analysts' estimates, with sales increasing 21 per cent to 85.6 billion yuan, beating the average prediction of 81.5 billion yuan. The rapid growth of Xiaomi in the international markets has resulted in the china-ba
Could Xiaomi be the next biggest global tech giant?
avatarmchongmy
2022-05-21

ST Engineering's expansion?

With countries opening up and air travel made possible once again, the aerospace industry has made a significant comeback and ST Engineering has not been left out. Here’s why ST Engineering could be a profitable investment to look into.According to their financial report of the first quarter of 2022, ST Engineering saw a significant boost of $2b in revenue, a 13% increase from $1.8b in Q1 2021. Commercial aerospace contributed the most to revenue growth with a 22% increase in revenue, with the reopening of borders and orders for nacelles (enclosed part of an airplane containing the engine), amongst others.3 weeks ago, ST Engineering announced a collaboration with Mobile Aerospace Engineering and United Airlines, Inc (United), whi
ST Engineering's expansion?
avatarmchongmy
2022-05-21

Going short for DBS?

Hey guys! Anyone thinking of going short for $DBS GROUP HOLDINGS LTD(D05.SI)$ ?Price just broke through the horizontal support at 31.04 and price is below ichimoku cloud, which supports my bearish bias. I'll have my take profit at 29.98 in line with the second horizontal support and my stop loss at 32.64 in line with the first support.Let me know what you think!Sell entry: 31.04[Smile] Take profit: 29.98[Happy] Stop loss: 32.64[Cry] $DBS 5xLongSG230713(DQEW.SI)$ $DBS 5xShortSG240306(DLDW.SI)$ 
Going short for DBS?
avatarmchongmy
2022-05-20

Bearish momentum for BYD?

Hi guys! Anyone considering shorting $BYD COMPANY(01211)$ ?There is an area of confluence between 38.2% fibonacci retracement, 100% fibonacci projection and 61.8% fibonacci retracement. I am considering placing my take profit at this level of 228.6 and my stop loss at the swing high level at 280.6. Sell entry: 269.6[Smile] Take profit: 228.6[Happy] Stop loss: 280.6[Cry] $BYD 5xLongSG230202(DLCW.SI)$ $BYD 5xShortSG221115(MHLW.SI)$ 
Bearish momentum for BYD?
avatarmchongmy
2022-05-20

Bearish momentum for China Construction Bank?

hi guys! anyone thinking of going short for $CCB(00939)$ ?price is below ichimoku cloud which supports my bearish bias and the support level at which i intend to go short at 5.56 is in line with 100% fibonacci projection and the 38.2% fibonacci retracement, which suggests that there is high levels of barrier and a price reversal is possible. I will probably place my take profit at the 5.45 level just below the confluence area between the 61.8% fibonacci projection, 23.6% fibonacci retracement and 38.2% fibonacci retracement. sell entry: 5.56[Smile] take profit: 5.45[Happy] stop loss: 5.64[Cry] $CCB 5xLongSG240807(DWCW.SI)$ 
Bearish momentum for China Construction Bank?
avatarmchongmy
2022-05-20

Anyone going long for ComfortDelgro?

Hi guys! anyone thinking for going long for $COMFORTDELGRO CORPORATION LTD(C52.SI)$ ?Price is going above ichimoku cloud which supports my bullish bias. I'm thinking of placing my take profit at the 1.57 level in line with the 100% fibonacci projection and 127.2% fibonacci extension. Will probably place my stop loss at the first horizontal support level as well at 1.39. Buy entry: 1.47[Happy] Take profit: 1.57[Miser] Stop loss: 1.39[Cry] $Comfort 5xLongSG231115(MQVW.SI)$ $Comfort 5xShortSG231115(THLW.SI)$ 
Anyone going long for ComfortDelgro?
avatarmchongmy
2022-05-20

Bullish momentum for AAC Tech?

Hi guys! Anyone going for a sell for $AAC TECH(02018)$  ?Price has just reversed the ichimoku cloud which supports my bullish bias. I will probably place my take profit at the second resistance level at 17.66 in line with the 161.8% fibonacci projection and 161.8% fibonacci extension. let me know what you guys think!Buy entry: 17.06[Smile] Take profit: 17.66[Miser] stop loss: 16.58[Cry] $AAC 5xShortSG230825(DWTW.SI)$ $AAC 5xLongSG240201(DKAW.SI)$ 
Bullish momentum for AAC Tech?

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