Design Studio   

Design Studio

Hi ihatcoy
Thanks for sharing, your TA is really good, and this stock moving up in the morning. Hope it will moving up & up again

 

Hi AlwinL,

I'm afraid I can't answer your Question on this.
This really depends on your Risk Profile, Holding Horizon & how much is your faith in the wider economy now.

Afterall, it is $ that is in your pocket. & what i could do is to provide information on what i knew. The rest, you really have to make your own calling.

Personally wise, I find 0.450 is a very good price to accumulate. 
*This counter not really suitable for contra trade.
It is for longer horizon.

Disclaimer: I shall not be responsible for any loss or damage arising directly or indirectly from the use of, or reliance on, the information provided herein. Please exercise due diligence.

 

Hi ihatcoy
thanks for the reply, do you think now still a good time to enter & what price to enter?

 

AlwinL Member

Posted: 21-Nov-2007 18:36

x 0 x 0 * Alert Admin

Hi ihatcoy This stock moving up strong in the morning but going down in the afternoon, what do you see on this counter? Is it still in the up trend. Hi AlwinL,  MACD crossing thru zero lines are still showing strongly, the bullish uptrend flag are holding very well despite the panic in the market. If you compare other counters to this counter, DS is almost comparable to a blue chip, if not better. Fundamentals: See my reason for why such a counter like DS is over look. http://whatstocktobuy.blogspot.com/2007/11/design-studio-fundamentals-01-nov-2007.html see my Opnion post on : ihatcoy Posted: 20-Nov-2007 05:37 When supermarket sales, everyone rushes to buy. When market sales, everyone rushes out. Doesn't make sense. If you believe in DS fundamentals, I find that base on TA it is still going strongly.  This is my Top counter, together with Cityneon. Dunno why, my instinct telling me every moment. ONly these 2 counters =)

 

Hi ihatcoy

This stock moving up strong in the morning but going down in the afternoon, what do you see on this counter? Is it still in the up trend.

 

Technicals':
http://whatstocktobuy.blogspot.com/2007/11/design-studio-ta.html

Did you manage to accumulate some @ 0.435 during bad times?

My market sentiments chart:
http://whatstocktobuy.blogspot.com/2007/11/investment-market-sentiments-chart-2007.html

 

For good counters, the only time to buy cheap is only when others are fearful and shunning the market.

The 'understanding one's' of the counter, are the usual ones' buying around this time since, they are using real cash.

When time comes for a rebound, the common folks then follow would be too late. So long, if you understand what are the companies potential you are buying into. It is perfectly alright.

The market can close for the next few years, while the companies you  buying into, are still continuing strongly in business and making contribution to the economy.  <some personal notes>

Warren Buffett Quote:
Be fearful when others are greedy.
&
Be greedy when others are fearful.

 

Updates:

Techincal's showing strong uptrend.
http://whatstocktobuy.blogspot.com/2007/11/design-studio-updates-19-nov-07.html

Visit the link above for more information.

 

hI cwQuah,
Finally, had another member on board.
So far, I tot i am the only one in this thread.

Do check out my blog on its fundamentals.
See earlier posting...

*This counter does not support contra trade due to its issue float.
Be careful, if contra trade, dont' get trap.

I am of a longer horizon on this counter. Entry/Exit base on TA's...
My target is its all time high of 0.655, instead of 0.51 +)

 

Good call. I think it will touch 0.51 in this week.

 

Bullish Flag Breakout of 0.44 testing a hit of 0.47 now.

Base on chart, should be able to take out 0.46 & close @ 0.475 at closing today. Once, 0.46 taken out. This week should be able to retest its all time high 0.57,0.655.
Volume is very healthy & slowly picking up.

Formation of a Sanku 3_gap ongoing for this week?

 

On Friday closing (16-Nov-2007)
It signify the formation of a
>> Uptrend Bullish flag with very light pullback volume &
>> Base of Flag well supported @ $S0.42.
>> MACD had make a clear golden cross upwards. With RSI, Momemtum picking up.

See my previous post.

----------------------------------------------------------------------
<> Couple with its fundamentals <>
Coming Mon/ Tues, shall see the testing of 0.46 fibonacci level which should be taken out quite easily.
----------------------------------------------------------------------

http://whatstocktobuy.blogspot.com/2007/11/design-studio-updates-18-nov-07.html

 

All technicals indicators are pointing up strongly. As volume starts to build, prices should be able to attest its all time high.

Technicals:
http://whatstocktobuy.blogspot.com/2007/11/design-studio-updates-15-nov-07.html

For its Fundamentals:
http://whatstocktobuy.blogspot.com/2007/11/design-studio-fundamentals-01-nov-2007.html

 

All technicals indicators are pointing up strongly. As volume starts to build, prices should be able to attest its all time high.

For its Fundamentals:
http://whatstocktobuy.blogspot.com/2007/11/design-studio-fundamentals-01-nov-2007.html,

 

 

Technicals gaining strength since my last post. http://whatstocktobuy.blogspot.com/2007/11/design-studio-updates-10-nov-07.html

Had accumulate a bit more today.
CP seller to me: OCBC securities; small player.

Fundamentals:
http://whatstocktobuy.blogspot.com/2007/11/design-studio-fundamentals-01-nov-2007.html

 

http://whatstocktobuy.blogspot.com/2007/11/design-studio-updates-10-nov-07.html

 

RSI picking up strength.
MACD remains healthy; Smoothening with each passing day. Pending cut-up signal line.

Couple with its healthy fundamentals; Gut feeling. Coming week should see DS running up???

 

Updates on DS from my last post.

Issued paid up shares
(10 Aug 2007: 220.5m shares after placement of 10.5m additional shares)
Before placement: 210million shares.
______________________________________________

Various reason for huge potential upside:
1)Cheap valuations & strong fundamentals. See below for my reasoning.

2)Order book record high of $132.7m as of 10 Aug 2007;
Current date of this post is 01 Nov 07, Last done @ 0.385(01/11/07) market price.

3)Taking just ORDER BOOK as of 10 Aug 07. That is ALREADY 1.56 times
[132.7/(0.385*220.5] its current market cap of $84.89m (220.5*0.385).
Orders could keep just coming in ...

3) Its past project include -The http://mailto:sail@MarinaBay, St Regis Hotel, Capella Singapore of Sentosa, Fullerton Hotel, Grand Copthorne Hotel, Scotts Square and Orchard View by Wheelock Properties, Suites @ Cairnhill, Ford @ Holland by Hoi Hup Group, contract to fit-out 320 guest rooms at the new Crowne Plaza Hotel in Changi Airport Terminal & Blu Restaurant in Shangri-La in Singapore amongst others.

4) Key Business not only coming in from the US, Dubai, Japan, Malaysia, Pakistan, Macau, but also new markets such as Vietnam and India; A GLOBAL Presence. Dubai is a key market after Investor DEPA united Group vested stake of 16.79% in the company may'2006.

5) Project in Dubai included the BURJ DUBAI (world?s tallest building and the centrepiece of a large-scale, mixed-used development in Dubai, UAE.), & renowned Intercontinental Hotel & 5star Crowne Plaza. The two hotel contracts in Dubai is worth a total of S$12.5 million and were awarded by Depa United Group, one of the top five largest interior contracting companies in the world.

6) Recent upcoming IRs in Singapore already filling up order book of construction business could also further improve Design Studio order books if it wins any of the contracts tendered in the future. Could be significant; reason:

a) Marina Bay Sands worth $5.5b (2,500 room hotel complex)
b) Genting resort world Sentosa worth $5.2b (6 hotel 1,830 room)
A good chance of being awarded after both sites is built; base on its past track record on above renowned project completed.

7) Buoyant Economy worldwide & Positive booming property market in Singapore would means more re-development/upgrading; that would translate into more business for Design studio. Especially for the MiddleEast market after the entry of Depa United Group. (See Item 4)

8) Placement of 10.5million new ordinary shares at the issued price of S$0.475/ share to two institutional investor (09 Jul 2007) and was fully taken up.

Name of Subscribers Number of Subscription Shares
Advance Opportunities Fund 6,300,000
DBS Asset Management 4,200,000

Issuing new shares bodes well esp. for DesignStudio that had small float of 210m shares.
And fully subscribe reveal strong institutional investor interest in DS.
This bring DS total paid up issue shares to 220.5m shares.

9) Appointment of Non-Executive Director Mr. Mohannad Izzat Sweid (13 August 2007)
- Mr. Mohannad Izzat Sweid is the Chief Executive Officer of Depa United Group. (See item_4)
- This would only means a stronger confidence of DS in the middle East & US market as Mr.Sweid has more than twenty-five years of experience leading and managing top intensive contracting companies in the United States and Middle East.

10) Design Studio reports sterling 1H2007 results
- 1st Half 2007 profit before tax rose to $5.037 million, which already exceeded its 2006?s full year profit before tax of $4.967 million.
Net profit after tax (1H07) = S$4.1m

11) No fund analyst coverage till date yet due to its low market cap.
- With its local & overseas investment yielding more results, the counter would eventually got notice and covered by analysts.

-> Once that happens, the stock could keep rising.
http://whatstocktobuy.blogspot.com/2007/11/design-studio-fundamentals-01-nov-2007.html

Caveat Emptor. not inducement for any trade decisions.
Pls exercise due diligence.

 

http://whatstocktobuy.blogspot.com/

 

My previous post on the 23-Oct-07 saw DS comes down from 0.425 to rest @ Fibonacci support@0.40. (post on 23-Oct Fibo 50% 0.36 typo; just realise)