[Watchlist] Singapore Stocks caught Trending on System's Radar for Week of 16th Jul 2018

STI had a good run this week fueled by an Asian wide rebound after the sharp decline last week due to the escalating trade war and property cooling measures. The index rose 2.14% for the week.

Despite the index's good performance this week, there are not a lot of stocks that managed to break for the uptrend yet. In fact, many that were caught in the system's radar are from the consumer defensive sector (when does investors go for consumer defensive? When they feel defensive right?). 

Here are a few of the stocks caught in the system's radar.
Company descriptions and charts courtesy of Yahoo Finance.

Stocks that are just starting to trend

Singapore Press Holdings Ltd (SGX:T39)
Singapore Press Holdings Limited, together with its subsidiaries, operates as a media company in Singapore and internationally. It operates through three segments: Media, Property, and Treasury and Investment. The company offers daily newspapers and student weeklies; publishes, produces, and distributes books; publishes and produces approximately 80 magazine titles in the areas of lifestyle and information technology, as well as operates various online sites; and provides digital advertising services.

Sector: Consumer Cyclical
Industry: Publishing

Mapletree Logistics Trust (SGX:M44U)
MLT, the first Asia-focused logistics REIT in Singapore, was listed on the SGX-ST main board on 28 July 2005. MLT's principal strategy is to invest in a diversified portfolio of income-producing logistics real estate and real estate-related assets.

Sector: Real Estate
Industry: REIT - Industrial

Dairy Farm International Holdings Ltd (SGX:D01)
Dairy Farm International Holdings Limited operates as a retailer in Asia. It operates through four segments: Food, Health and Beauty, Home Furnishings, and Restaurants.

Sector: Consumer Defensive
Industry: Grocery Stores

Stocks that are already in an uptrend

Sheng Siong Group Ltd (SGX:OV8)
Sheng Siong Group Ltd., an investment holding company, operates supermarkets in Singapore. The company's stores offer an assortment of live, fresh, and chilled produce, such as seafood, meat, and vegetables; and packaged, processed, frozen, and/or preserved food products, as well as general merchandise, including toiletries and essential household products.

Sector: Consumer Defensive
Industry: Grocery Stores

Japfa Ltd. (SGX:UD2)
Japfa Ltd., an industrial agri-food company, produces and sells dairy products, protein staples, and packaged food products in Singapore, Indonesia, Vietnam, China, India, Myanmar, and internationally.

Sector: Consumer Defensive
Industry: Farm Products

System entered a position in Japfa on 28th May 2018 at 0.55. Check out this post.

Note: These stocks are part of the system's watchlist and may or may not eventually be purchased by the system due to various reasons such as risk management, market sentiments etc. Readers are advised to do their own due deligence.

Get Full Access and follow our system's quest for ABNORMAL returns
Performance Join as Member

 Follow our blog on Facebook!