我i168
2022-07-11

$DBS GROUP HOLDINGS LTD(D05.SI)$...there is no better stock to watchfor the next move of Singapore market than DBS.

Which factor is having the upper hand, rates hike to arrest high inflation, or economic slowdown which potentially results in a recession?

The earnings report from DBS and itsoutlook for the rest of the year is therefore a very important indicator to watch.

Nevertheless there are many defensive stocks that investors can take a look as, on top of their sound fundamentals, their technical indicators show signs of breakout. Examples include $SHENG SIONG GROUP LTD(OV8.SI)$,$SINGAPORE TECH ENGINEERING LTD(S63.SI)$, Singtel.

Other interesting stocks to watch arethe recovery and/or restructuring (incl spinoff and IPO) plays, like $SINGTEL(Z74.SI)$, $THAI BEVERAGE PUBLIC CO LTD(Y92.SI)$, Japfa, and so on.

Be aware of volatilities ahead though,there are still many uncertainties ahead.

What's your view?

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Comments

  • Vandaluus
    2022-07-11
    Vandaluus
    If recession hit our shores, expect to see $24 or lower.
    • 我i168: 
      Well, that’s not the base case. We have an open economy which can be impacted fairly easily but I think we have good chance not to have a recession.
  • MortimerDodd
    2022-07-13
    MortimerDodd
    What a good post, I learned a lot.
  • jat
    2022-07-11
    jat
    sigh... i wld like to get some but the price is so too high for me... i can put money elsewhere with same dividends
    • 我i168: 
      It’s not high or low but whether it’s fairly valued.
  • BriBri
    2022-07-11
    BriBri
    Yup…can’t catch at lowest. Nibble along the way
  • Oldhead
    2022-07-11
    Oldhead
    Agreed. Banks are early beneficiaries of any economic recovery.
  • SebbyBoy
    2022-07-11
    SebbyBoy

    Honestly, I will buy this stock for long term plyand dividend payout. I will do DCA if it goes below $25 at every $5 gap. 

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