Monday, 4 November 2013

Singapore Stock Tip: Good fundamental earnings from OSIM push it past $2.17

Dear Friends,

You may have noticed today OSIM broke out off short term $2.17 resistance. Now it is at $2.21. Recently it declared its earnings on 1 november. I think OSIM did resonably well for its earnings.

For more info on earnings, do log on to its website:
http://osim.listedcompany.com/news.html/id/378360

16% net profit quarterly growth rate is quite good, and with an opening of 17 more outlets for the quarter is promising. This is much better than "ValueMax", a retail outlet in the pawn shop business. As a retailer, this is what we are looking for, an increasing in the profit margin, an increase in outlets, a reach that is beyond Singapore, a pioneer leading Asia Brand. Some of you may say that these 2 are in different industries, but to me a company selling watch and a company selling message chairs are all retailers.

The concept of growth are the same, it needs to show "GROWTH".

I would classify OSIM as a good long term growth stock! Short term, it may benefit from the festival season happening in Asia this and next quarter. 

These few days we predict it should be travelling in between $2.20-$2.30. Technically it has a strong support at $2.10 like what we mentioned in last article.

Last article on OSIM:
http://www.danielloh.com/2013/10/singapore-stock-tip-we-are-right-in.html

Now: $2.22
3months Target: $2.47
Stop loss: $1.97

Radio FM958访谈 2018年11月15日:世界股市展望 - 现在是熊市吗?

·         美国 股市担心苹果业绩,巴菲特却大胆投资! 道琼斯昨晚闭市在 25080 ,掉了 205 点。在这 10 月 11 月道琼斯的波动都相当大。有很多投资朋友开始怀疑熊市是不是已经来临了。我的答案是还没有。这个跌幅反而是好时机进场。大家不用太担心。 ...