Golden Agriculture stock: profit 68% lower

Golden Agriculture stock announced its financial results today. Golden Agriculture stock booked a profit which is 68% lower than the corresponding period last year. I believe there will be some selling pressure when Golden Agriculture stock trades tomorrow.

Stock Markets outlook

Singapore stocks traded in a choppy session today. Concerns over Italy’s election weighed on Singapore stocks today. I have not traded over the weeks as I see that the STI which has reached a peak of 3,300 will be undergoing correction.

Golden Agriculture Stock

Golden Agriculture stock has stayed on the $0.65 price level for quite some days already. This is not surprising to me as I believe the markets are waiting for the earnings report of this company next Wednesday. I believe Golden Agriculture stock is poised for a breakout soon, possibly a rally in price towards $0.71.

SMRT stock

SMRT stock closed at $1.615 today. It may be worthwhile to buy this stock now as the blue MACD just crosses the signal line and RSI just come out from oversold region.

Mapletree Greater China Commercial Trust Stock IPO

Mapletree Investments will list the Mapletree Greater China Commercial Trust in a bid to raise S$1.68 billion. Mapletree Greater China Commercial Trust is offering about 1.7 million units in a range of S$0.88 to S$0.93 each. At that price range, the projected yield is as high as 6 per cent annually. At least 776.6 million units will be sold to institutional and retail investors.

STX OSV stock price

STX OSV stock price closed at $1.285 yesterday with a 3.6% increase. I have noticed that STX OSV stock has been oversold for quite some time with the plans to take it private at $1.22 by the Italians lingering.

Golden Agriculture Stock

Golden Agriculture stock closed at $0.65, a 1.6% higher than the closing price yesterday. From my observations, Golden Agriculture stock is headed for a "breakout" soon, towards even higher stock prices.

Singapore Stocks to invest in the Year of the Water Snake

Today is the second day of the Chinese New Year. I wish all of you readers a Happy Chinese New Year. As always when we enter into a brand new year, there will be predictions on how the stock market in Singapore will perform and this water snake year is no exception.