Weekly update

Recovery factors the market is looking at (By Mohamed El-Erian, Pimco)

• A fundamental recovery in terms of data i.e. housing, unemployment
• The US central bank's continued fiscal and monetary policy
• The support of other central banks in stimulating economic 
• Political resolve, despite noise, to kick the can down the road

Keep In View:

Swissco - Fundamentally sound, low leverage compared to peers. Volume however is low. Market traditionally underprices this stock. Oil & gas cyclical play and recent bull market has lifted it up. Penny typically crash when the market goes bad. 

Conservative entry = S$0.20

Lian Beng - 

From a technical perspective, Conservative entry = S$0.40 to ride on the rebound.