Wheelock - Buyers Overwhelming

The Dow is crashing down hard with so much sellers but the Singapore market was resilient to this sell down where most stock suffer some small reactions and started to turn back up again. Wheelock's buyers were overwhelming as it shop past the takeover price of $2.10 while the whole property market started to turn up. The top volume stocks were pretty strong and sellers were retreating very fast. Capitland, UOL and many other property stocks recovered nicely while oil related counters were also moving up north. Overall, there was strength in the Singapore market but I am not sure how long it can sustain with the bearishness in the overall market.

Update: 207/2018, 2.27pm

Wheelock just moved higher today! The market and property sector indeed has some strength.

Wheelock Buyout Bid May Get Raised to S$3.2/Share, JPMorgan Says
By Abhishek Vishnoi
(Bloomberg) -- Parent Wheelock & Co. would gain about S$317 million in cash and S$1.3 billion in other assets “for free” at its current offer price for Wheelock Properties of S$2.10 per share, JPMorgan says.
“Unrealistic to assume the privatization will go through at an offer price which is below the cash level,” analysts led by Cusson Leung write in note dated Thursday
Current proposal would enhance parent’s value by ~HK$4.6 per share
Offer represents a 22% discount to Wheelock Properties’ last reported book value of S$2.68/share
Deal may renew investor expectations for privatization of Wharf, but deal is unlikely due to its size and potential difficulty in enhancing value
Sino Land, which has characteristics similar to Wheelock Properties, may get sentiment boost

Ronald K - Market Psychologist - A Stock Market Opportunist

Wheelock Properties - Privatized at $2.10

Wheelock properties just announced that a privatization offer was reached at $2.10.

https://www.theedgesingapore.com/controlling-shareholder-wheelock-properties-launches-210-share

After the cooling measure news out and after many property stocks gap down, I believe Wheelock properties was the only one with super strong COB and then went halt at the bottom. It's no wonder that the property stocks started to rebound a little this past week in lieu of this good news. I believe many property stocks will start to take this news as good news and may have some form of price running up too. Let's see.

Ronald K - Market Psychologist - A Stock Market Opportunist

Wheelock Property, SembCorp Ind - Profited $13500

My student just completed a good trade on Wheelock Property and SembCorp Ind with $13500. Both stocks are on the rise and both are swing trades where he chose the right sectors to trade. Properties are on the rise while SembMarine is currently having some good news where the parent company SembCorp is reaping and riding it's success. Swing trades do make $ but the most important thing is to pick the right stocks which I am glad he made it. Congrats!

Ronald K - Market Psychologist - A Stock Market Opportunist

Wheelock Properties - A Bullish Whatsapp Alert

Sent out a bullish Whatsapp alert on Sep 18th last month and the stock ran a little before taking a small breather. During the breather, the stock was strong as it did not hit the cut loss level and slowly by slowly, it continues to trend higher before it broke out today. Some swung this stock as it was strong while others lock in some fast $. But as long as it did not trigger the cut loss, usually the stock still has some firepower left. This is an almost 3 weeks trade and it's consider a mid term swing trade. I am searching for another such good stock now. Let's see what I can uncover. I am so happy to see some of my students who swung and made $.

FOLLOW RONALD K TRADES:

Workshop Date: 10th Oct 2017,Time: 8.30pm to 9.30pm

Venue: I will instruct you in the form of email

Contact Ronald K at stockmarketmindgames@gmail.com with the following details.

Subject: Attending Ronald K "The Stock Operation Private Workshop"

Contents: Name, e-mail address and mobile number.

Ronald K - Market Psychologist - A Stock Market Opportunist

Wheelock Property - A Bullish Whatsapp Alert

Earlier in the morning, I posted that property sector is in play and something is brewing at the background. Click and see my morning post below.

http://stockmarketmindgames.blogspot.sg/2017/06/singapore-straits-times-index-property.html

Hence this morning, I studied many property stocks and found Wheelock Properties and decided to give a call to all students. Entry price was day low for today and as of now, Wheelock shot up to 1.93! There were many big buyers at hitting 400-500 lots and the stock just flew. Although I had cut some loss this past week but nevertheless nothing beats my observation and confidence level. Congrats all!!

Will share more of my Whatsapp alerts during my talk next Tuesday. For those who are interested can register.



Ronald K - Market Psychologist - A Stock Market Opportunist

Wheelock - Issuing CD, Last Minute Buyers

I just revisited Wheelock and saw that they just issued a CD which meant what I saw this morning before the run was correct, something major was going to happen in Wheelock.

http://stockmarketmindgames.blogspot.sg/2017/03/wheelock-property-special-ops-whatsapp.html

The special ops group made it and obviously I want to thank one of the participants inside who alerted me this counter which then took me 46 minutes of watching before I decided that the stock was ready for a run. Althought the market was down today, still there are many counters ran like GSS, Chasen, ISR, Wheelock, Wing Tai and many others. Looking forward to tomorrow.



Ronald K - Market Psychologist - A Stock Market Opportunist

Wheelock Property - Special Ops Whatsapp

I am so happy today because just when I thought it was a shorting opportunity, the market turned otherwise. In my special ops group, we managed to scout and waited for almost 46 mins before seeing Wheelock property about to turn up. Entered at 1.8 and exited 1.84-1.85. The stock just shot up so quickly that there was a sudden rush in buying in the property sector. This trade was completed in like 5 minutes or less and I must say patience is the key to success. Rotating the next counter.



Ronald K - Market Psychologist - A Stock Market Opportunist