Sunday 28 April 2013

Singapore Stock Tip: Sembcorp making healthy progress off $5 like what we mentioned

Dear Friends,

We did said that $5 is a delicious price for semb corp, and encourage investors to take a look at this stock. We also mentioned that $4.70 - $4.80 is an accumulation phase. Recently it dropped to $4.90 lowest, and rebounded.

Article on 10th April

Now it is at $5.13 on friday closing. I believed it has a momentum building. However we also feel that price will be going to be a bit tricky at $5.20-$5.30 range. It might take a rest.

Let us in the meantime celebrate STI victory of advancing past 3330. And thank semb corp of a little contribution.


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