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$Boeing(BA.US)

Boeing Bonds: Why the 2040 May Make More Sense

Boeing’s August deliveries dipped to 51 aircraft, with 787 handovers falling to four from nine a year earlier. While this warrants monitoring, it does not yet undermine the broader recovery story.

FY2026 fundamentals are improving. First-half revenue reached US$46.8bn, operating cash flow turned positive at US$1.19bn and free cash flow improved to US$823m. Backlog has also climbed to roughly US$715bn. However, Boeing still carries about US$45.9bn of debt, leaving limited room for execution mistakes.

For bond investors, the choice between the BA 5.705% 01May2040 and BA 5.805% 01May2050 comes down to compensation versus duration.

The 2050 offers a higher yield of roughly 6.3% versus around 6.0% for the 2040, but investors are taking another decade of interest-rate and credit-spread exposure for only about 30bps more yield. Its deeper discount may look attractive, but price alone should not drive the decision.

The 2040 therefore offers a cleaner risk/reward profile. If Boeing continues repairing cash flow and leverage, improving credit spreads could support both income and capital appreciation without taking on the extreme duration of the 2050.

For Singapore investors, there is another layer: USD/SGD risk. A stronger SGD can erode returns when USD coupons and principal are converted back into SGD. Long-term investors should therefore evaluate the bond on a total SGD return, not simply its USD yield-to-maturity.

The pick: BA 5.705% 2040. The 2050 becomes more compelling if its yield rises materially—around 6.75–7%—without deterioration in Boeing’s credit fundamentals.

Not financial advice.

$CrowdStrike(CRWD.US)

AI cools, chips wobble. Cybersecurity holds up. Interesting bifurcation: investors may be trimming the AI buildout trade while doubling down on protecting what’s already been built.

$DBS(D05.SG)

Higher rates for longer? DBS could enjoy the NIM boost short term. But if the Fed stays tough, credit risks creep higher. September’s report could set the tone.

$Palantir Tech(PLTR.US)

Palantir $Palantir Tech(PLTR.US): Is the Pullback Finally Attractive?

Palantir’s sharp 2026 correction is driven more by valuation compression than deteriorating fundamentals. Operationally, the business remains exceptionally strong. Q1 FY2026 revenue surged 85% YoY, prompting management to raise full-year revenue guidance to US$7.65-7.66 billion, while U.S. government revenue grew 84% and commercial revenue continued triple-digit expansion. (Palantir Investors⁠)

The sell-off stems from three concerns: an extreme valuation after 2025’s AI rally, fears that foundation-model providers such as OpenAI and Anthropic are encroaching on enterprise AI, and political scrutiny over Palantir’s government relationships rather than an actual collapse in contract wins. In fact, backlog and government demand remain healthy, with no evidence that rising CAPEX or a change in management strategy has materially weakened the business. (InsiderFinance⁠)

Technically, PLTR remains below key moving averages. Initial support lies around US$106-110 (recent 52-week low), while resistance sits near US$134 at the 50-day moving average. A sustained break above US$134 would improve the intermediate trend. (Barron’s⁠)

For cash-secured put sellers, patience is warranted. Implied volatility is attractive, but waiting for price stabilization above support or confirmation of higher lows offers a better risk-reward profile. Investors seeking stronger technical momentum may instead consider NVDA, ORCL, MSFT, or META—all of which possess durable AI ecosystems, broader earnings diversification and clearer institutional accumulation trends.

$Oracle(ORCL.US)

Oracle’s stock has been a wild ride lately, almost whipsawing with every change in Fed rate-hike bets. Still, it’s easy to overlook the bigger picture: cloud infrastructure is absolutely flying. That’s the part I’m keeping an eye on.

$Vistra(VST.US)

Vistra: AI Needs Power, But VST Needed a Reality Check

AI needs electricity, but that narrative alone could not justify Vistra’s climb toward $220. At roughly $139, VST is down about 37% from its 52-week high of $219.82. (MarketWatch)

The weakness looks more like valuation compression than a fundamental collapse. Q2 2026 revenue fell 5.5% YoY to $4.02 billion and net income to $305 million, while unrealised hedge losses distorted GAAP earnings. More importantly, adjusted EBITDA actually rose 31% to $1.77 billion. Management maintained FY2026 EBITDA guidance of $6.8–$7.6 billion and free cash flow of $3.925–$4.725 billion. (Vistra Corp. Investor Relations)

Fundamentally, the AI-power thesis remains attractive, but investors are questioning how quickly data-centre demand converts into earnings. Recent US grid scrutiny over inflated “ghost demand” adds another layer of uncertainty. (Reuters)

At ~$139, valuation has become more interesting: forward P/E is around 13–15x, materially below VST’s historical premium. (Yahoo Finance Singapore) Technically, however, momentum remains damaged.

Option writer: favour cash-secured puts rather than chasing shares. Target 20–30 delta, 30–60 DTE, preferably strikes around $120–$130. Demand enough premium to provide a meaningful downside buffer; avoid selling aggressively at 40–50 delta until momentum stabilises.

Not financial advice.

$Oracle(ORCL.US)

Oracle earnings tonight could get spicy. 🚀 With a solid beat and stronger AI/cloud outlook could push it toward $168–178 (+4–10%). After a bruising year, investors are hungry for a comeback.

$Apple(AAPL.US)

The iPhone Duo is finally here! 🔥 Foldable, fresh, and very Apple. Welcome, John—your first big chapter starts with a fold. 🍎📱

$CrowdStrike(CRWD.US)

CrowdStrike’s 7% Drop: Risk or Put-Selling Opportunity?

CrowdStrike (CRWD) fell roughly 7% on September 1, despite no fundamental shock. The decline came amid a broad technology selloff as oil surged and the U.S. 10-year Treasury yield climbed toward 4.8%, pressuring high-growth software valuations. Profit-taking after CRWD’s strong post-earnings rally added to the selling. (24/7 Wall St.)

Fundamentally, the pullback does not yet signal material deterioration. FY2026 revenue reached US$4.81B (+22%), ARR US$5.25B (+24%) and free cash flow US$1.24B, while Q1 FY2027 revenue accelerated 26% and ARR reached US$5.51B. (CrowdStrike Holdings, Inc.)

The bigger risk remains valuation and expectations, rather than demand. Technically, the US$200–205 area becomes an important downside zone after the recent correction.

Option-writer view: Rather than chasing shares, a cash-secured put around US$205, 19–30 DTE and approximately 0.25–0.30 delta, looks attractive. Target roughly US$5–6 premium, giving an effective entry near US$199–200 if assigned.

Verdict: HOLD / SELL PUT. The 7% fall looks more like macro-driven valuation digestion than fundamental damage.

Not financial advice.

$Jardine C&C(C07.SG)

Jardine C&C’s Strategic Reset: Buy, Hold or Sell?

Jardine Cycle & Carriage is selling its Singapore and Malaysia Cycle & Carriage operations to Chandra Asri for about S$265m, with a potential S$30m earn-out. The bigger story is portfolio discipline: management is exiting a mature, capital-intensive legacy business and concentrating on higher-growth Indonesia and Vietnam.

The deal looks financially attractive. The assets generated only US$16m of 1H26 profit, against an estimated US$221m disposal gain. Importantly, proceeds will be used to reduce corporate debt. Corporate net debt had already fallen from US$577m to US$286m by June 2026.

For shareholders, the transaction lifts pro-forma NTA 2.4% and reported EPS 20.8%, although underlying EPS falls 3.9% because the sold business is removed.

At around S$27.06, C07 trades near 8.4x earnings, with a ~5.2% dividend yield. Technically, it remains weak, sitting close to its 52-week low of S$26.01, while the consensus target is only S$28.25.

Verdict: HOLD. The strategic reset is positive, but much is already reflected. The ~US¢73 special dividend is linked to the Toyota divestment, not the Cycle & Carriage sale.

Not financial advice.

$Intel(INTC.US)

Intel’s 10% CPU hike feels like another inflationary hit for PC buyers. I expect volumes to suffer, but tight supply and AI demand give Intel room to push prices—for now.

$DBS(D05.SG)

US August jobs surprised on the upside, putting rate hikes back in the spotlight. For Singapore’s three local banks, that could mean one thing: NIMs may stay healthier for longer.

$NVIDIA(NVDA.US)

NVDA just dropped a $12.9B acquisition on Hugging Face—the “GitHub for AI.” It gives Nvidia a front-row seat to open-source AI. Brilliant strategic move… or an expensive bet?