Sunday, January 18, 2009

STI Opening for Monday

Mr B's view for Monday's opening would be positive. A slow positive while the market awaits for Heng Seng to open up.

A few counter to take note would be : SMRT, SPH, Straits Asia, Celestial, Wilmar, Keppel Land and SPC. The counters mentioned are within Mr B's radar and are worth investing in. SPH will be a good counter to watch out for good dividends. It is also known for being a good defensive stock. Straits Asia has a lot of potential. The target price would be $1.00. Wilmar and SPC are good oil counters. Oil prices are at its almost rock bottom and OPEC has already taken measures to reduce production. You will find oil prices moving up. Wilmar and SPC will move in line with oil prices.

Good Luck for Monday! :)

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