Daily Morning Note – 9 March 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

ETF Model Portfolio – February 2018
Analyst: Pei Sai Teng
– 10-year U.S. Treasuries yield look set to break above the crucial 3 percent
level.
– Yield curve continue to flatten
– Credit spread and TED spread showing sign of risk-averse sentiment

TECHNICAL PULSE

KrisEnergy Ltd – Daily timeframe – Bullish
– The strong bullish rejection off the 0.085 support area on 08/03/18 succeeded
in breaking price above the immediate downtrend line with increasing volume
suggests a reversal higher next.
– Watch for the bullish follow to happen as price completes the formation of
the double bottom off the 0.085 support area.

For more information and additional disclosures, refer to the link here.

BREAKING NEWS

City Developments Limited wishes to announce that CDL Constellation Pte. Ltd., a wholly-owned subsidiary of the Company, and TID Residential Pte. Ltd., an interested person of the Company within the meaning of Rule 904(4) of the Listing Manual of Singapore Exchange Securities Trading Limited , have entered into a memorandum of general agreement in connection with a joint tender submitted on 27 February 2018 to The Housing & Development Board (“HDB”) to acquire and develop a piece of land situated at Sumang Walk, Republic of Singapore (the “Sumang Walk Property”) for a proposed Executive Condominium housing development at a tender price of $509,370,000.00. On 7 March 2018, HDB officially awarded the Sumang Walk Property to the Parties.

8Telecom International Holdings Co. Ltd. announce that it has today entered into a Conditional Sale and Purchase Agreement with Letu Investment Pte. Ltd. and New Pacific Trading Pte. Ltd. pursuant to which the Vendors propose to sell, and the Purchaser acquires, 51% of the entire issued and paid-up share capital of the Target Companies.

Yuuzoo Corporation Ltd reveals strong pipeline, new divisional structure and strong earnings potential in SIAS dialogue session. During the dialogue session, the Company informed investors about a new organizational structure with a focus on 5 geographical regions run from 5 geographical regional head offices, and revealed a strong pipeline of new projects with a strong earnings potential. In China, where country operations are run from Shanghai, the company in December announced the signing of a framework agreement for the development and management of a huge Smart City real estate project called “Nordic Sport Town” in Harbin. YuuZoo is, subject to a final detailed agreement to be signed latest by June 2018, together with its Chinese joint venture partner to plan and develop a 85 hectares large river-fronting area of land located in Harbin’s new prime upmarket development area earmarked by the local government for highend residential, commercial, tourism, education and sports real estate development. The project integrates with YuuZoo’s Smart City capabilities in areas such as eCommerce, ePayments, Social Networking and eReal estate management.

Source: SGX Masnet, Phillip Securities Research

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.