SPH delivered a set of impressive results, as expected, as first-quarter net income rose to $144.7 million from $73 million a year earlier. This is likely to give its share price a bit of a push upwards tomorrow despite the bland technicals.
Rising 100dMA provides support at $3.62 and with the positive news flow, it should limit any downside. If price closes above $3.69, a many times tested resistance level tomorrow, it would likely move up to test the resistance provided by the declining 200wMA at $3.80. Breaking $3.80 would give a target of $4.00.
FAKE ASSI AK71 IN HWZ.
Featured blog.
1M50 CPF millionaire in 2021!
Ever since the CPFB introduced a colorful pie chart of our CPF savings a few years ago, I would look forward to mine every year like a teena...
"E-book" by AK
Second "e-book".
Another free "e-book".
4th free "e-book".
Financially free and Facebook free!
Subscribe To ASSI
Posts
Comments
Monthly Popular Blog Posts
-
Hello everybody! This is AK. I am back! Time for another update. I talked about how I achieved financial nirvana in a YouTube video a few mo... -
Today, Marco Polo Marine's share price rose significantly on the back of much higher volume and the recent visit by a group of investors... -
On 7 Dec, income distribution from AIMS AMP Capital Industrial REIT was received. It was also the final income distribution to be received f... -
Following my last blog post on a reader's predicament and an earlier blog post in which I said people are naturally attracted to large n...
-
After a few requests by readers for me to blog about my 2012 full year passive income from S-REITs, I was pleasantly surprised to receive ad...
All time ASSI most popular!
-
A reader pointed me to a thread in HWZ Forum which discussed about my CPF savings being more than $800K. He wanted to clarify certain que... -
The plan was to blog about this together with my quarterly passive income report (4Q 2018) but I decided to take some time off from Neverwin...
-
Reader says... AK sifu.. Wah next year MA up to 57200... Excited siah.. Can top up again to get tax relief. Can I ask u if the i...
-
It has been a pretty long break since my last blog. I have also been spending a lot less time engaging readers both in my blog and on Face...
-
Ever since the CPFB introduced a colorful pie chart of our CPF savings a few years ago, I would look forward to mine every year like a teena...
Bloggy Award
0 comments:
Post a Comment