Star in the Sky
07-21

With the latest announcement from MAS Singapore...STI stocks look bright.

" MAS appoints first 3 asset managers to inject initial S$1.1 billion into Singapore equities" 😱

I believe those asset managers will scope up more blue chips. Especially those that are Gov - linked companies like Singtel, SIA, Keppel and Sembcorp industrial etc. 

And for the 2nd phase, I believe they will looks into REITs like CapitaLand investment, capitaland Ascendas, Mapletree industrial to Keppel DC REIT etc to o take advantage of the low price before rates cut.

Singapore shares look good with the new capital injection. Follow the trends, but the dip when possible[Miser]  

SIA Tumbles for 3 Days! At What Price to Buy the Dip?
Singapore Airlines’s profit slumped in the first quarter as losses from Air India Ltd. and lower interest income weighed on the company’s financial results. Net income tumbled 59% to S$186 million ($145 million) in the three months ended June 30, the carrier said in a statement Monday. Revenue rose 1.5% to S$4.79 billion, bolstered by record travel volumes and strong cargo demand. -------- With SIA free falling, what's your buy-the-dip price? How do you view the profit decline?
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