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.

$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.

$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.

$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.

$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.