This is good news indeed for SGX. A higher Trading Volume is corresponding to increased revenue in terms of fees. Hope that the trading volume will maintain for the longer term in addition to the derivative product business. That is also crucial for exchange business in consideration of hedging activities during period of volatility. Cheers SGX !
Singapore Exchange Stands to Gain From Heavier Trading Volume
$ST Engineering(S63.SI)$ Despite STI in the high red (-1.8%+) , ST Engineering rose about 5c from previous closing price. This shows the resilent of the defend stock counter amid the uncertainty of Trump's tariff issue. In fact, it reached a day high of $6.69. Hope that ST Engineering will continue to maintain its resilent and move upwards to the target price by DBS Research (4 Apr 25), which is $7.50. Also understand that ST Engineering has gotten a recent significant turnkey contract of about $1.4 Bil for Taiwan Taichung MRT line. This is great industry news indeed. Every contract counts towards the increased revenue of ST Engineering. Trust that more investors will take notice of thi
Good news indeed for SGX. Understand that its revenue (40%) from derivative products is quite significant in comparison to other exchanges like Hong Kong Exchange, etc. It is practical and viable to diversify stock exchange businesses to achieve optimum revenue. This is proven by the surge in derivative volume this week in view of the global selloff issue (BT news: 11Apr). Hope management will continue to innovate SGX businesses in moving forward. Hence generating increase interest from retail/institution investors on SGX shares for the longer term investment.
SGX Jumps 3.55%; Macquarie Upgrades Singapore Exchange to Outperform from Neutral; Price Target is SG$13.70
This shows the very strong market demand for TSMC chips indeed. Hope that analyst and research institutions upgrade the target price of TSMC as soon as possible. They are normally quite fast to revise the target price of equities. LoL. Cheers
24H | TSMC Jumps over 4% as First-Quarter Revenue Handily Beats Market Forecast
Good news indeed for ST Engineering. $1.4bil is quite significant contract price indeed. Hope that ST will continue to secure more contracts moving forward in all its sectors. Hope that more investors will also pump in more liquidity into ST shares in consideration of the consistent good performance of the company. Cheers.
ST Engineering Soars 5.4% on Securing S$1.4 Billion Rail Contract in Taiwan
$Taiwan Semiconductor Manufacturing(TSM)$ This horrible TSMC. All other tech counters in high green yet it is still dreaming away. Don't know why its sentiment is so lacklustre. Need to invest more in US most likely.
This is really positive news for SG market in terms of longer term investment with good dividend for investors. Hope that it will continue to attract more retail investors into SG market. Hence, demand will be increased accordingly and boost the share prices of SG counters, especially blue chip counters like DBS, Sembcorp Ind, to name a few. Separately, the Government is currently also doing more to attract more listings into SG market, such as the SGD $5 billion "Equity Market Development Program". Hope that the Government will continue to innovate the attractiveness of listing in SGX. Cheers.
4 Singapore Blue-Chip Stocks That Hiked Their Dividends by Double-Digit Percentages
$ST Engineering(S63.SI)$ Oh no. ST Engineering plunged quite significantly. Didn't see any negative news on it. Don't know why sentiment down so much. Hope that it will recover as much as possible. Thought defend counter supposed to be hot now worldwide in view of increased defend spending in many countries. Sad indeed; come on ST Engineering.
$SGX(S68.SI)$ Really lackluster SGX shares. STI is green now and this SGX down quite significantly. Is there any negative news on SGX, other than Trump's proposed further tariff ? Hope that it will U turn soon. Cheers and come on SGX. Please wake up from your dreams.
$Taiwan Semiconductor Manufacturing(TSM)$ Wow this TSM really super poor sentiment. Fallen almost to 170. Thought TSM is investing 200bil in US as mentioned by Trump. Anyone knows what's going on with tech counter(s) ? Quite sad indeed.
Pop mart recent revenue seems to be excellent in terms of signicifant high percentage growth, i.e >100%. Understand it produces popular toys like labubu which has attracted worldwide attention, especially children and teenagers. It is an unique retail industry indeed. Potential of expansion could be sustained if it continues to innovate new popular products for the industry. Might be a suitable counter to hold for the medium term. Cheers.
$ST Engineering(S63.SI)$ ST Engineering seems to restart its soaring direction. Hope that it can sustain further with the upward trend. Recent considerable improved target prices by RHB, CGS and Maybank definitely helps to reverse the last dip. In the longer term, ST should move nearer to the target prices in view of its high book orders, etc.. Moreover, it aims for SGD17bil in revenue by 2029 as well, which is an excellent direction from the company moving forward. Also understand that company will maintaits R&D spending at 4-5% of revenue for the next 5 years (BT: 18Mar). This is crucial in terms of future expansion as enhance or improved technology is essential to keep up with the right market&nb
$ST Engineering(S63.SI)$ Seems very lackluster for ST Engineering. Hope that it will start to rally again in view of the upgraded target prices by Maybank, CGS and RHB. Moreover STI is green today. Strange sentiment indeed. Cheers.
$YZJ Shipbldg SGD(BS6.SI)$ What's going on with this YZJ ? Still dropping despite STI in green zone. Anyone knows the key reason(s) ? Thought there was good news recently on the Veteran Mr Ren's investment ?
This is great news for ST Engineering indeed. The positive assessment by Nomura is in line with many other research institutions such as recent Maybank, RHB, CGS. Hope that ST Engineering will continue the upward march progressively in view of its steady long term growth in placed. This is crucial for any companies moving forward.
Nomura Adjusts Singapore Technologies Engineering's Price Target to SG$7.50 From SG$6.10, Keeps at Buy
$YZJ Shipbldg SGD(BS6.SI)$ YZJ seems bullish after the considerable investment by shipping industry veteran. Sentiment should be increasingly positive now. Thank you Mr Ren. This shows the seriousness of maintaining the consistent outlook of YZJ despite challenging bmacro business environment, and proposed port fee by the US. Fee would affect US in terms of choking US exports such as agricultural and coals, etc. End consumers in US would also be affected when associated costs are passed on for essential products. Inflation would be increased in a way. Hope that Trump will review his policies indeed. Cheers
$ST Engineering(S63.SI)$ Seems quite a bit of pullback for ST Engineering today despite many positive news of it. Is it due to profit taking? Moreover near end of the trading week. Hope that it can recover as much as possible by end of today. Cheers.
This is really good news for ST Engineering with the target price increased by RHB and CGS. Understand that Maybank also increased the target price for ST Engineering to $7.1 (20Mar) based on higher cash flows and lower WACC, etc. These positive research and analysis done would boost the share performance further indeed. Associated market confidence level and sentiment would be raised as well. Hope that ST Engineering would continue to maintain its forward momentum in moving forward. Trust that it would continue to expand and grow the defend businesses in the optimum path by the management level. Cheers...
ST Engineering Hits Record High on Thursday, Outperforms DBS and Blue Chips This Year
Good news indeed with such significant investment from the shipping line veteran. This should boost the market confidence and sentiment for YZJ. Hope that YZJ will start to move back to its all time high 52 wks progressively. This Trump proposed port fees is also choking on US exports such as coal and agriculture (Reuters 20Mar) leading to numerous related issues. Hope that Trump can review on his policy asap as it doesn't make economic sense at all. It is a double edge sword in a way. Hence free trade is essential indeed. He should be implementing policies that could enhance the competitiveness and efficiency of US exports instead.
Yangzijiang Surges 4% as Veteran Ren Invests $800M in Shipbuilding
Does it mean that OCBC will convert the said treasury shares into common shares given to its employees ? Anyone knows ? Otherwise how the employees are able to sell them on the mkt if necessary ?