RonMax

🐱 Mi Material – A New SGX Debut to Watch! 🇸🇬

Mi Material is an interesting new name to watch on the Singapore Exchange. Although it received only 12% of the votes in Captain Leo’s poll, I believe new SGX listings deserve attention, especially when they operate in industries with long-term growth potential.

1️⃣ Why am I interested now?

New listings can offer opportunities, but I prefer to understand the company’s business model, financial performance and valuation before jumping in.

2️⃣ What’s my plan from here?

I will watch its share price movements, trading volume and upcoming financial results. I would rather wait for a reasonable entry price than chase the excitement of a new listing. 🐱

@Captain Leo

Thanks for sharing

📅 Upcoming Key Events: What I’m Watching Today

🇺🇸 Monday, 26 October, marks the opening of Oracle AI World, an important event for investors watching the artificial intelligence industry. I’ll be paying attention to Oracle’s AI infrastructure, cloud demand and potential partnerships. These developments could influence sentiment across technology stocks, including companies involved in data centres, semiconductors and AI infrastructure.

📊 With some stocks showing deeply oversold RSI readings on the 4-hour chart, I’ll watch for potential technical rebounds. However, oversold conditions do not guarantee a recovery. I’ll combine technical indicators with market sentiment, price action and upcoming catalysts before making any trading decisions.@Captain's Watch