Daily Morning Note – 8 January 2018

WEEKLY MARKET OUTLOOK WEBINAR

Register HERE for MONDAY’s 11.15am webinar if you have not already done so.

Archived webinars available.

RESEARCH REPORT

Technical Pulse – The Phillip 20 Portfolio – December Monthly Review
– New Entries: Yoma Strategic, Wing Tai, Chip Eng Seng and China Aviation
– Take Profit: UMS
– Stop loss: Hanwell
– Total return since May to December is +5.24% with a realised gain of 0.45% in
December
– Uptrend in the STI re-established here as the 20 and 60 day moving average
propelled price higher

BREAKING NEWS

Tee Land Limited has issued a profit guidance for the Group’s FY2018 2Q and FY2018 1H financial results, on the back of impairment losses.

Mapletree Logistics Trust is acquiring the remaining 38% of a Hong Kong property for a purchase consideration of HKD610 million.

Vard Holdings Limited has secured a contract for the construction of one fully electrical battery-powered car- and passenger ferry for Boreal, a Norwegian public transport provider.

Memories Group (formerly known as SHC Capital Asia), a leading tourism company in Myanmar, started trading on the Singapore Exchange Catalist.

Global Logistics Properties’ (GLP) Chinese arm, GLP China, has received approval from the China Securities Regulatory Commission to issue up to RMB12 billion (US$1.8 billion) of RMB-denominated “Belt and Road” (“B&R”) bonds on the Shenzhen Stock Exchange.

Source: SGX Masnet, PSR

Clients of Phillip Securities can keep updated with Country Strategy and Singapore Sector Reports by logging into: www.poems.com.sg > STOCKS > Research

Read the research report(s), available through the link(s) above, for complete information including important disclosures

Important Information

Disclaimer
The information contained in this email and/or its attachment(s) is provided to you for information only and is not intended to or nor will it create/induce the creation of any binding legal relations. The information or opinions provided in this email do not constitute an investment advice, an offer or solicitation to subscribe for, purchase or sell the e investment product(s) mentioned herein. It does not have any regard to your specific investment objectives, financial situation and any of your particular needs. Accordingly, no warranty whatsoever is given and no liability whatsoever is accepted for any loss arising whether directly or indirectly as a result of this information. Investments are subject to investment risks including possible loss of the principal amount invested. The value of the product and the income from them may fall as well as rise. You may wish to seek advice from an independent financial adviser before making a commitment to purchase or investing in the investment product(s) mentioned herein. In the event that you choose not to do so, you should consider whether the investment product(s) mentioned herein is suitable for you. PhillipCapital and any of its members will not, in any event, be liable to you for any direct/indirect or any other damages of any kind arising from or in connection with your reliance on any information in and/or materials attached to this email. The information and/or materials provided “as is” without warranty of any kind, either express or implied. In particular, no warranty regarding accuracy or fitness for a purpose is given in connection with such information and materials.
Confidentiality Note
This e-mail and its attachment(s) may contain privileged or confidential information, which is intended only for the use of the recipient(s) named above. If you have received this message in error, please notify the sender immediately and delete all copies of it. If you are not the intended recipient, you must not read, use, copy, store, disseminate and/or disclose to any person this email and any of its attachment(s). PhillipCapital and its members will not accept legal responsibility for the contents of this message. Thank you for your cooperation.