Dacai

$ISDN(I07.SG)

Context: The stock broke below its support of 0.62 on 14 Sep. This was due to its second largest shareholder Novo Tellus offloading 4,886,200 shares at 0.65939. In my past experience, anytime a significant shareholder disposes of shares, the share price is bound to suffer for a while especially when this is a small cap. It is now trading at the bottom limit of the Bollinger Band. Will it continue to trend down and cover the gap below 0.55?

My Trade: Considering whether to average down or cut loss.

Takeaway: Significant shareholder disposing of shares (taking profit?) has caused the price to drop to 0.57.

Fxed deposit rates are going up so the impact of the US Fed rate hike is already being felt. I think local banks will still be resilient so I don’t worry my head over short term fluctuations.

$Suntec Reit(T82U.SG)

Context:

In an update on its strategic review, Suntec Reit has announced it plans to focus on growing its Singapore assets and sell off 3 properties in Australia. This will bring the reit’s gearing below 40% and reduce earnings drag caused by the high interest rate in Australia. Given the capital market in Australia is improving, it will hopefully be easy to find buyers for the Australia assets. On the daily chart, Suntec Reit has hit the lower limit of the Bollinger Band, if this cannot hold, further downside is likely in the short term.

My Trade: Wait for good price to accumulate.

Takeaway: The outcome of Suntec Reit’s strategic review is to improve the gearing ratio by selling off 3 properties in Australia and concentrate on the more stable Singapore market which sounds to me like a good strategy for the long term. Hopefully the execution will be smooth.

$Suntec Reit(T82U.SG)

Context:

Finally the much-feared hammer has dropped. US Fed has annnounced a 25bps increase in interest rate to 3.75-4%, the first in 3 years. Warsh did not give his opinion as to whether it is a one-time thing or the first of more to come but 16 other Fed governors have forecasted one more rate hike in 2026.

We have seen how this played out before. Reits will trend down until the tide turns. How long it can last is the question. It can be an opportunity to pick up some bargains. Suntec Reit’s price broke below 1.39 today so the next support level is 1.34 followed by 1.29.

My Trade: Continue to monitor the situation and find opportunities to average down or trim the position.

Takeaway: The first rate hike in 3 year means reits will continue to be under pressure. It also presents an opportunity to pick up some bargains.

$Apple(AAPL.US)

Context: The market sentiment surrounding Apple stock remains strong as the stock continues to power up, almost challenging the resistance of 335.50 which was last touched on 14 September 2026.

According to the Counterpoint Research report for the second quarter of 2026, the shipment of global smartphones dropped 7% yoy due to higher costs and prices but developed markets showed more resilience. Shipments in North America in fact increased by 6%.

Apple’s market share for Q2 was a record 21%, an increase of 13% yoy as it maintained its prices. For the first half of 2026, it lost to Samsung for global market share by a whisker of less than 1%.

My Trade: Continue to hold but won’t be adding at this price as there is a risk it is close to overbought levels.

Takeaway: H1 shipment numbers were great. Apple stock looks bullish but it remains to be seen if it can break the resistance of 335.50.

$Suntec Reit(T82U.SG)

Context: As expected, reits continue to trend down with the probability of interest rate hike in September increasing to 92%. This makes the valuation of many reits more attractive. 1.39 had been a strong support in the past for Suntec Reit. I will see if it can hold or if it will go lower.

My Trade: Wait and see if 1.30 holds as a support.

Takeaway: Reits are starting to look attractive in terms of valuation.