Dacai$ISDN(I07.SG)
Context: After reporting solid double digit growth in profits and a strong order book, the trading volume has been increasing for the past 6 days and KDJ is 81 near overbought levels in the daily chart. On the weekly chart, a cup appears to be forming which is a bullish sign.
My Trade: No change for now
Takeaway: The company has good earnings and is worth holding but the price can be volatile.
It’s interesting that Genting’s stock price is moving up despite the negative headline for its earnings report. Apparently investors’ sentiments improved because its non-gaming revenue grew 6% yoy despite weaker tourism conditions. The drop in profits was mainly attributable to lower interest income, depreciation and expenditure on asset refresh. Refreshed assets will hopefully bring in more non-gaming revenue when completed.
Nvidia is scaling back a massive AI bet: the Wall Street Journal reported the chipmaker is cutting its financing guarantee for OpenAI's Ohio data center from $250B to under $120B, even as it disclosed...
$IFAST(AIY.SG)The stock is largely trading sideways. This is commonly referred to as the base building stage. The trading volume last Fri was relatively low and it was trading below EMA5 which is an indication of short term bearishness. While some investors may slowly accumulate at this stage, others may prefer to wait for a confirmation of an uptrend.
$ISDN(I07.SG)ISDN reported impressive earnings for the first half of FY2026. Earnings rose more than 700% to $10.4m compared to last year. The main revenue generator was industrial automation which accounted for 93.9% of the total revenue. 71.3% of the revenue was from China. In contrast, the renewable energy business saw a decline of 52.1% yoy as the 2 new mini-hydropower plants nearing completion in Indonesia contributed lower construction income. Overall, the group’s gross profit increased by 24.9% yoy to $63.1m. The order book for industrial automation has grown by more than 100% due to end markets such as AI application and data centers.
The stock price of CapitaLand Invest has been rather lacklustre and it dismantled the special projects team. It looks like its future strategy is to increase fee income and unlock value from non-core/legacy assets.
Reddit will join the S&P 500 next week, and its stock jumped after hours on the news, capping a record-setting session for US stocks. In Singapore, $CityDev(C09.SG) surged about 9% after first-half pr...
Hahaha My local semiconductor-related stocks are up again. The AI infrastructure story is real but the market is made up of investors who vacillate and those out for quick profits. Long term investors should do thorough research so that they can have the conviction.
AI-infrastructure stocks went vertical Wednesday: $Coreweave(CRWV.US) surged 19.5%, $Super Micro Computer(SMCI.US) jumped about 20%, $Nebius(NBIS.US) soared over 30%, and $Lumentum(LITE.US) climbed 14...
$Suntec Reit(T82U.SG)Woohoo a new high of 1.54! Who’s also holding this stock? Dancing a happy little jig. Let’s see if this momentum can be sustained. The reit has been looking for opportunities to divest some of its assets in Australia. If successful, it will be able to get cash flow to either pay down debt or redeploy to assets with a higher yield.
$Suntec Reit(T82U.SG)The chart still looks good although KDJ of 70 is approaching overbought levels. I do think a cup and handle pattern may be forming soon. It would be very shiok to see this stock breaking 1.53 as rate cuts appear to be more probable than rate hikes now. I hope the Strait of Hormuz negotiations won’t introduce some new spanner into the works. Never forget the market can be volatile so:
1) Don’t FOMO
2) Only use cash that is in excess of your emergency funds
3) Choose stocks of companies you don’t mind holding for long i.e. the companies have moats and strong financials
STI set a new record mainly due to DBS, OCBC and SGX hitting all time high on the back of strong earnings report and same/higher dividends. It is a very exciting time for me as they have quite a heavy weightage in my portfolio.
$Alphabet(GOOGL.US) fell another 3.6% Tuesday, extending its slide as investors weigh a raised 2026 capex guidance of up to $205B and a new $25B debt offering against genuinely strong Q2 numbers, reve...
$NVIDIA(NVDA.US)The daily and weekly charts are showing a double bottom pattern. The weekly MA50 190.759 seems to be a good support. I think it should be moving up to test 236 soon but it also depends on how Fed will adjust the interest rate. The weak July job report suggests interest rate cuts may be more likely when before this, many people were expecting a rate hike! The market is that dynamic so it is best to control the position size and stick with stocks that one don’t mind holding for long.
$IFAST(AIY.SG)After reaching ATH, this stock traded in a descending wedge and then entered a consolidation phase. It has not been able to break out of this zone for the past 2 quarters but that also means the support at 8.42 is strong. It is still prudent to have a stop loss plan in place in the event the support level fails. iFast is part of the iEdge Next 50 index and CGS Fullgoal Singapore Next 50 Active ETF is going to be launched soon. Hopefully it can give some boost to the price.
I'm happy the banks have done well, with DBS and OCBC reaching new highs. The positive earnings were within my expectations but the premium at which the banks are trading at also makes the dividend yield less attractive.
Singapore's banks delivered a clean sweep this week: DBS, SGX and Venture Corp all beat, then OCBC and UOB followed with strong earnings of their own, sending $FTSE Straits Times Index(STI.SG) to fres...
$Suntec Reit(T82U.SG)Wow, Suntec reit bounced back faster than I expected from 1.46 so I didn’t manage to get in more but it may test this support again. If there aren’t any major negative events, I think there is a good chance it can eventually break out and challenge 1.51-1.53. Meanwhile, the nice dividend payout in August will reward me for my patience.
I don’t hold any SpaceX. I’m very happy that DBS posted better than expected quarter 2 results. Now, my eyes are on UOB and OCBC.
$DBS(D05.SG) just crossed a milestone: total income above S$6B for the first time, on record quarterly profit. Meanwhile $SpaceX(SPCX.US) delivered its first earnings report as a public company, beat ...
SpaceX is still very much a risky stock to hold for the long term as the price remains on a downtrend.
$SpaceX(SPCX.US) just delivered its first earnings report as a public company, and investors couldn't decide whether to celebrate or panic. Revenue nearly doubled to $7.8B, crushing estimates, and the...
Wow, with Amazon’s stock price doing so well, I hope it will push up market sentiments regarding CSE Global since Amazon is its major client.
Amazon became the fifth company ever worth $3 trillion. Then Palantir printed 93% revenue growth after the bell while still sitting 40% below its own high.
$Suntec Reit(T82U.SG)The price has pulled back after ex-dividend which can be a good opportunity for me to accumulate some more units. The tricky part is identifying a good entry point. Although it is not always possible to catch the absolute bottom, I also don’t want to buy at too high a price. If it pulls back more than 50%, there is a risk the price may fall further in the short term. Assuming the dividend is maintained at two cents per quarter, the dividend yield is 5.47% which makes it one of the stronger performing S-reits currently.
