Rising Star : Chasen Holdings Limited and Transocean

GenieLim
2022-03-08

$CHASEN HOLDINGS LIMITED(5NV.SI)$

$Transocean(RIG)$


Sharing my 2 amoeba sense on these 2 tickers,


firstly easily spotted bullish flag (a sign of bullish formation of prices)

fundamentals support the prices as these are clearly undervalued with nav clearly out pacing market price


underlying cashflow and cash also makes it a safe trade in inflationary times


but why this 2 different and diversed tickers?

chasen is small and focused on solar, logistics and moving of factories away from china to vietnam (an underlying trend for past 4 years) earnings each year is increasing yoy and racks up to 13% of market value

low beta

transocean is totally different with its higher cap, huge capex business and a trend soon to rig repair and eventual outcome.


trading wise, volume are coming in for both. look out for it


#donttrustchickengeniusbulls-t

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Comments

  • BurnellStella
    2022-03-08
    BurnellStella
    In anticipation of the Fed raising interest rates, investing in companies with good performance is the best choice.
    • BurnellStellaReplyGenieLim: 
      Bank stocks are a good bet.
    • GenieLim: 
      got to find some shelter

      russian ukraine conflict has europe pumping crude going at 400 usd per barrel
      food for thought why transocean =)

  • MR_Wu
    2022-03-11
    MR_Wu
    The technicals of the transocean are perfect, and the volume is increasing as it rises.
    • MR_WuReplyGenieLim: 
      LOL. Waiting for the best time to buy, hopefully I can.
    • GenieLim: 
      well this is quite the waiting game. there can be better technicals out there but more of a lazy trade =)
  • PandoraHaggai
    2022-03-11
    PandoraHaggai
    Chasen's volatility is too small, and it will take a while to rise.
    • GenieLim: 
      agreed =) too low volatility but not a bad place to hide in a high volatility environment
  • EvanHolt
    2022-03-11
    EvanHolt
    Do you think the industry that transocean belongs to has development prospects?
    • GenieLim: 
      europe market oil pump going for 4x open market to 400 usd plus per barrel

      you decide

  • 400k
    2022-04-03
    400k
    How many shares you own in Chasen?
    • 400kReplyGenieLim: 
      Wait and see chasen lo. Money already inside
    • GenieLimReply400k: 
      it helps factories relocate away from china. so in a sense it is good when many factories are relocating away from china
      relatively hidden company. if the wait is too long. you should look at moya
    • 400kReply400k: 
      Do you know Chasen very well? There is a lockdown at shanghai now. chasen have company there. Might affects earnings i suppose?
    • 400kReplyGenieLim: 
      Thank you
    • 400kReplyGenieLim: 
      Hope that day happens!
  • GenieLim
    2022-03-11
    GenieLim
    sorry guys i was catching up with pro traders and totally missed your questions and queries, i will answer them one by one
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