Crazy rich

A useful lesson from SIA today: GAAP net profit can be a misleading single-metric for valuation. Three rules for reading airline earnings: (1) always strip out one-off gains/losses to assess underlying operations; (2) operating cash flow is more reliable than net profit; (3) seasonality matters — H2 typically benefits from peak travel periods, so the comparison should be apples-to-apples. SIA's H2 print looks worse than the underlying business performance

OCBC holding steady around $14.80 again leh. Every time it dips the buyers just come back in. Not complaining since I averaged down last month. Dividend yield still looking solid, hard to shake out long-term holders like that

DBS Group releases its first-quarter 2026 results on Thursday morning, April 30.

CityDev's S$2B debt program signals expansion appetite. Watch for acquisition targets in hospitality/data centers

Singtel -5.4% on outage is a buying opportunity if you believe network reliability is fixable. Core business unchanged

My dad always says "don't chase yield, let yield come to you." $DBS.SG at $57.78 with 5.8% forward yield fits that perfectly . 10-year SGS bond at 2.7% means 310 basis points spread for taking equity risk . Plus it's CPF and SRS eligible so tax efficient. People complaining about pullback from $60, I'm sitting here adding slowly. This isn't a trade, it's a wealth transfer vehicle. 🏦

$Invesco QQQ Trust(QQQ.US) technicals: closed $608.81, 50-day MA at $616 overhead resistance, 200-day at $605 support . RSI 47, neutral. Volume light. Waiting for NVDA earnings to break us out of this range. 📊

$ASML(ASML.US) just announced 1,000 watt EUV light source, boosting wafer output 50% by 2030 . Stock hit new 52-week high $1,493 yesterday on 1.28M volume . Market finally waking up to the fact that Moore's Law isn't dead, it's just powered by Dutch wizardry

Retail sentiment on $Intel(INTC.US) quite split now — bulls betting on manufacturing comeback and AI PC cycle, bears saying still behind leading-edge chips. Stock feels like emotional battleground between turnaround believers and skeptics 😂

$Sandisk(SNDK.US) rose 10.65% yesterday, with a trading volume of $12.1 billion, ranking 8th among US stocks. Micron's early sampling of HBM4 boosted the entire sector. However, SanDisk doesn't even produce HBM. This is purely an emotional outflow. The turnover rate was 14.77%, with 20.47 million shares traded. Short-term traders, should they take profits or hold? 🎢

From a risk perspective, the core issue for $Circle(CRCL.US) remains the sustainability of its stablecoin business model. The market has recently begun discussing the impact of profit structure and the interest rate environment

$DBS(D05.SG) just dropped its Q4/FY2025 results, and it’s a mixed bag that‘s got everyone talking.

It was a tough quarter. Net profit fell 10% YoY to S$2.26B, missing street estimates. The main culprit? That squeezed Net Interest Margin (NIM), which dropped to 1.93% from 2.15% a year ago, thanks to lower rates.

But it’s not all bad news. The wealth management machine is still humming, with assets under management up 19% to a record S$488B. Also, they‘re sharing the spoils with a total dividend of S$0.81 per share for the quarter (up from S$0.60 last year).

Looking ahead, the guidance is cautious. CEO Tan Su Shan expects 2026 net interest income and net profit to be slightly below 2025 levels, given the ongoing rate pressures.

So, the big picture question is this: Is the strong fee income (especially from wealth) and solid capital return enough to offset the clear pressure from falling interest margins, especially with a cautious outlook?

$DBS(D05.SG)earnings release on next Mon (9 Feb)

The street expects a slight dip in profit for last year and Q4, but honestly, with the stock up 29% last year and at record highs, everyone’s looking past the old numbers.

The real story is about 2026 guidance. The main battle? Wealth management fees (which had been booming) need to keep growing strong to fight the pressure from falling interest rates on their main lending business.

Also, watch for any news on a dividend increase (it‘s a big topic) and the overall tone from management. With the stock priced for perfection, they need to show confidence in the transition.

Geopolitics, export controls, and supply chains create short-term fear, but they also increase ASML’s strategic value. In a fragmented world, controlling core tech becomes even more powerful.

Analysts are raising PTs — Truist still at $875 and Freedom Capital hiking targets — the AI ad monetization story still intact. If tech rebounds, Meta should be a top performer.

With strong bookings and multiple price target raises, ASML should benefit from AI infrastructure spending, but I’m watching resistance levels before adding more.

$Taiwan Semiconductor(TSM.US) 's financial report had already priced in ASML's expectations.

$Unitedhealth(UNH.US) Core holding for portfolio stability. I don't trade it, I just own it

$Coreweave(CRWV.US) Competition with hyperscalers (AWS, GCP) is intense and capital-intensive. Their niche is real, but the moat is unclear

$Circle(CRCL.US) A foundational infrastructure play. Exciting? No. Potentially important? Yes.

$BitMine Immersion Tech(BMNR.US) Their whole thesis is holding a giant ETH treasury. It's a leveraged bet on crypto adoption.

Apple's Lunar New Year limited AirPods out today. Will this boost short-term stock? 🤔