KSH Holdings Ltd: A Promising Uptrend

KSH Holdings Ltd, a company specializing in property construction, development, and management in Singapore, Malaysia, and China, is currently in the early stages of a strong uptrend. The stock’s technical indicators suggest growing momentum, making it a compelling option for investors.

Key Technical Indicators

• The stock price has broken out of a falling wedge pattern that began in December 2023, forming higher highs and lows.
• Prices are trending above all Ichimoku indicators.
• The MACD histogram is positive, and the MACD/signal line is steadily rising after a crossover at the bottom.
• The Stochastic Oscillator is also on an upward trajectory.
• The 23-period Rate of Change (ROC) has risen above the zero line, indicating bullish momentum.
• The Directional Movement Index shows strong bullish strength.
• Volume has been expanding in a healthy manner, supporting the price movement.

Investment Recommendations

The analysis suggests three entry price points: 0.240, 0.220, and 0.190. Key support levels are identified at 0.215 and 0.171, while resistance levels are set at 0.250 and 0.320. The stop-loss recommendation is at 0.180. Target prices are ambitious, set at 0.290, 0.340, 0.400, and 0.480, reflecting a significant potential upside.

With its robust technical indicators and positive price action, KSH Holdings Ltd is recommended as a technical buy.

Marco Polo Marine Ltd: Fleet Expansion to Drive Revenue Growth

Marco Polo Marine Ltd, a company engaged in the marine logistics and shipyard businesses, is poised for growth, supported by its fleet expansion and improving market dynamics.

Fleet Expansion Plans

• The company is adding two new Crew Transfer Vessels (CTVs) to its fleet, which are expected to contribute approximately S\$5 million in annual revenue.
• The vessels are anticipated to commence operations from the second half of FY2025.

Improved Yard Activity

Marco Polo Marine has experienced better yard activity due to an increase in repair volumes. Additionally, stronger year-on-year fleet charter rates in Q1 FY2025 underline its improving market positioning.

Investment Recommendations

The company retains an “Add” rating with an unchanged target price of S\$0.08. This valuation is based on a 9x CY2026F P/E, which is in line with industry peers. The growth outlook is underpinned by its fleet expansion and improving operational metrics.

China Merchants Bank Co Ltd: A Technical Buy Opportunity

China Merchants Bank, listed in Hong Kong with the stock code 3968, is flagged as a technical buy opportunity with strong growth potential.

Entry and Exit Strategy

• Recommended entry prices are set at 41.20, 36.30, and 34.00.
• A stop-loss level is advised at 30.58, with target price levels set at 47.00, 57.00, 66.50, and 74.00.

Investment Rationale

The stock’s technical indicators suggest a strong buy, supported by favorable market conditions and growth prospects in the financial sector. With its diversified banking operations, the bank is well-positioned to capitalize on market opportunities.