Wednesday, 17 July 2013

Singapore Stock Tip: Cordlife still alive having touched our first target at 1.17-1.20

Dear Friends,

Do you remember that on 5th july, we issued an article titled: "Cordlife aiming for $1.17-$1.20"

http://www.danielloh.com/2013/07/singapore-stock-tip-cordlife-aiming-for.html

At that time, Cordlife is $1.065.

Indeed a few days back, it touched $1.17 at the highest peak before retracing back to $1.05!

Bingo on our first target hit. $1.17 is exactly the lower end of my first target. So what do I think of this stock?

I think if you want to play  mid term, u can. My view is this stock will take another punt at $1.17-$1.20 again, which is a resistance like what I mentioned. We shall see whether it breaks out. If it does, I will be aiming at $1.25.

A good fundamental business model. People are gradually more aware to preserving baby cord. And for them, it will be a passive income for them once the customer decided to preserve the cord because every year people need to pay to preserve them.


958 Interview June 28, 2018: Wallstreet is just using "Trade War" as an Excuse for the Fall! (Translated to English using Google Translate)

          Wallstreet is just using "Trade War" as an Excuse for the Fall! Last night Dow Jones fell 165 points to close at  2...