Shares & Derivatives
Will you “Buy” these Four “high conviction call” stocks?
By Singapore Stocks Investing (SSI)  •  September 8, 2016
UOB Kay Hian has unveiled its four key “buy” stocks for the Singapore stocks markets. In the exact words of UOB’s report, these stocks are “high conviction calls” and the stocks are in no particular order:1) Bumitama Agriculture 2) China Aviation Oil 3) Frasers Logistic & Industrial Trust 4) Singapore O&G The report was released yesterday (a copy of the report could be found here ) and already most the stocks above have rallied as below: 1) Bumitama Agriculture:+2.1% 2) China Aviation Oil: -0.4% 3) Frasers Logistic & Industrial Trust: +2.6% 4) Singapore O&G: +5% Indeed, a look at the technical charts of the above shows a strong chart each for China Aviation Oil stock, Frasers Logistic & Industrial Trust and Singapore O&G stock while Bumitama Agriculture is testing a key resistance level. The question is, whether investors would want to buy stocks recommended by analysts ......
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By Singapore Stocks Investing (SSI)
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