Frasers Centrepoint Trust – Resumption of the Uptrend?

Technical Snapshot

According to the analysis, Frasers Centrepoint Trust’s (FCT) price action is showing strong signs of bullish upside and a potential return of the uptrend. The report highlights several technical indicators that support this view:
2 The larger uptrend channel of FCT remains intact. 2 There has been a strong bullish breakout of the falling wedge, indicating a potential bullish reversal. 2 The Ichimoku indicator has shown two out of three bullish crossovers. 2 The Stochastic Oscillator has confirmed an oversold crossover. 2 The 23-period Rate of Change (ROC) is rising and attempting to break out of the zero line. 2 The Directional Movement Index is showing strong bullish strength. 2 The trading volume remains healthy.

Recommendation

Based on the technical analysis, the report recommends a technical buy on Frasers Centrepoint Trust with the following entry price levels and targets:
Entry Price(s): 2.13, 2.08, 2.03 Stop Loss: 2.01 Target Prices: 2.26, 2.38, 2.50, 2.70

Want Want China Holdings Ltd (151) – Technical Buy

The report also covers the technical analysis of Want Want China Holdings Ltd (151), recommending a technical buy with the following details:
Entry Price(s): 5.09, 4.80, 4.49 Stop Loss: 4.29 Target Prices: 5.61, 6.10, 7.90, 9.20

Jacobio Pharmaceuticals Group Co Ltd (1167) – Technical Buy

The report also provides a technical buy recommendation for Jacobio Pharmaceuticals Group Co Ltd (1167) with the following details:
Entry Price(s): 2.89, 2.10, 1.74 Stop Loss: 1.23 Target Prices: 4.11, 6.40, 7.70, 9.20

Hongkong Land Holdings Ltd – Clear Path for DPS Growth

The report also covers the analysis of Hongkong Land Holdings Ltd (HKL), highlighting the following key points:
3 Although HKL’s underlying profit in FY24 was dragged by impairment, it grew DPS by 5% year-over-year, the first DPS increase since FY18. 3 Despite a 5% decline in its Hong Kong office passing rent, its Hong Kong office vacancy was still well below the Central Grade-A office’s average as of the end of 2024. 3 The report reiterates a Hold rating on HKL, with a lower target price of US$4.82 (a 55% discount to NAV). It expects a US$0.01 per annum growth in DPS in FY25F-27F.

Sansiri – Good Feedback from New Condo Launches

The report also covers the analysis of Sansiri, a Thai property developer, noting that it has received good feedback from its new condo launches.

Power Root Bhd – Earnings and Exports to Bottom in FY25F

The report also covers the analysis of Power Root Bhd, a Malaysian company, stating that its earnings and exports are expected to bottom out in FY25F.

China Strategy – Year of Revaluation II: From Quick Bull to Slow Bull

The report also includes a section on the China strategy, discussing the transition from a quick bull to a slow bull market.