Dacai

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.

$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.

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.

$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.

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.

$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.

$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.

SpaceX is still very much a risky stock to hold for the long term as the price remains on a downtrend.

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.

$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.