As of last week, world crude oil prices have dropped to the lowest price in eight months after U.S. stockpiles unexpectedly increased and a report signaled China’s manufacturing will shrink in Jun 2012. At one stage, oil fell nearly $3 on Thurs (21 Jun) to dip below $80 for the first time since October 2011. Typically, oil price is prone…
Tag: KepCorp
Keppel Corp (KepCorp) – Stock with good valuation amidst weak market sentiments | Accumulate on price weaknesses | Singapore Stocks Review
Keppel Corp (KepCorp) is among the Singapore Blue Chips which was highlighted in my previous post on good valued stocks to keep a watch out during this financial volatility. Keppel Corp is a Singapore-based conglomerate with businesses engaged in rig-building, utility operation, and property development/investment. The company is one of the world’s largest rig-builders in terms of global market share.…
Marine / Rig / Shipping stocks underperform against STI? | Stock Prices Technical Analysis | Singapore Stock Market
It is the last day of a dreaded month of May for 2011. Historically, this month is avoided by retail investors as it is a month of volatility and consolidation. Not aided by the undesirable impact of series of downgrades in various faltering European countries e.g. Spain and a slowdown in greater China market and Singapore latest GDP results do…
Keppel Corporation (KepCorp) – Rising star to weaken? | Technical Analysis | Singapore Stock Market
KepCorp has always been a blue chip darling since Oct where its stock price has been in uptrend since then from a value of $8.50 to as high as $12.90, representing a return of more than 50% within 6 months. Stock price are well supported by the moving averages and PSAR. Upward channel is still intact. However, when it still…
KepCorp – decent rise but underperform STI | Stock Prices | Singapore Stock Market
Singapore stocks have a good run up from last month lows. STI recovered a good 11% but KepCorp had only a mere 8%. It’s among the laggards as it’s stock price has breached resistance at $12 to attain 3 years high. Volume has not picked up to my expectations and both RSI, ADX are showing signs of weakening, though OBV…
KepCorp – Mid term uptrend intact – Singapore Stock Price / Market
With new book orders, it is one of the good stock which bucked the downward trend of STI main stock components. Near term there should be some further consolidations before the price breakout of S$12. For good risk appetite investors, you can consider accumulating on weakness. Follow us on: Share this article on: