Del Monte Pac

Adding to above news about Del Monte Pacific being flagged by SGX on going-concern queries after a US$589.9M net capital deficit.

It is sad to see another SGX veteran, an old bird, to come to this stage. Its previous failed U.S. acquisition that led to bankruptcy, leaving the parent insolvent with negative equity of ~$589 million and just $8 million in cash.

At the end of the day, major strategic decisions by top management make all the difference. One wrong turn and that’s it. Pray for their recovery 😢

I think a single day’s movement is not a good predictor of future performance. Although it suggests the good earnings have been priced in this time, I think there is still a chance for further upside before demand exhaustion. I’m more worried about the effect of an interest rate hike on tech stocks.

Independent analysts use different methods to value SpaceX and I agree with Morningstar’s view. The current valuation depends heavily on future growth from Starship, Starlink, and xAI and not on its existing profits. In fact, SpaceX posted a net loss of $49.4 billion in 2025. Who ready care?

Would you be willing to risk your capital on this? Personally, I would rather invest in other GREAT companies. — that way, I can sleep well at night like a baby 😆.

Anyway check out the full infographic overview below for the latest updates on SpaceX 👇

Expectations may have been too high leading to a reality check. but AI infrastructure development and deployment is still a theme for the next decade as more bottlenecks are resolved like power, water, chip supply.