Weekly & Quarterly | Sembcorp Industries Up 29% Since YTD, Sembcorp Marine Contracts with GE

As of the close on Friday, $Straits Times Index(STI.SI)$ closed at 3,258.90 points, up 1.44% points in the past 5 days.

During the last 5 trading days,  $SEMBCORP MARINE LTD(S51.SI)$, $TJ DaRenTang(T14.SI)$, $NIO Inc.(NIO.SI)$, $SATS LTD.(S58.SI)$ and $JARDINE CYCLE & CARRIAGE LTD(C07.SI)$ are the top 5 Weekly gainers, up 14.42%, 10.07%, 9.74%, 8.98% and 8.76% respectively.

$YANGZIJIANG SHIPBLDG HLDGS LTD(BS6.SI)$, $GOLDEN ENERGY AND RESOURCESLTD(AUE.SI)$, $MANDARIN ORIENTAL INTL LTD(M04.SI)$, $HUTCHISON PORT HOLDINGS TRUST(NS8U.SI)$ and $Cromwell Reit SGD(CWCU.SI)$ are top 5 decliners of SGX stocks which market capital above S$1 Bln.

Below are key analyses of the TOP 5 gainers:

1. $SEMBCORP MARINE LTD(S51.SI)$

General Electric said it had been awarded three contracts worth a total of around 6 billion euros in combination with Singapore's Sembcorp Marine, and two others in a consortium with McDermott International worth another 4 billion euros in total.

Dutch state-owned electric grid company TenneT has awarded 11 contracts worth a combined 23 billion euros ($25 billion) to build systems connecting wind farms in the North Sea to shore.

$TJ DaRenTang(T14.SI)$

Most readers would already be aware that Tianjin Pharmaceutical Da Ren Tang Group's stock increased significantly by 34% over the past three months.

On comparing with the average industry ROE of 9.3% the company's ROE looks pretty remarkable. Probably as a result of this, Tianjin Pharmaceutical Da Ren Tang Group was able to see a decent growth of 12% over the last five years.

$NIO Inc.(NIO.SI)$

Shares of the Chinese electric vehicle maker Nio were rising today as investors processed the news that Alibaba -- China's largest e-commerce company -- is restructuring its business.

Nio investors were optimistic today that tech companies could result in a better environment for both businesses and consumers, and more growth for economy.

$SATS LTD.(S58.SI)$

Every investor in SATS Ltd. should be aware of the most powerful shareholder groups. And the group that holds the biggest piece of the pie are retail investors with 47% ownership. In other words, the group stands to gain the most (or lose the most) from their investment into the company.

Clearly, retail investors benefitted the most after the company's market cap rose by S$191m last week.

$JARDINE CYCLE & CARRIAGE LTD(C07.SI)$

Jardine Cycle & Carriage (SGX:C07) Full Year 2022 Results

• Revenue: US$21.8b (up 23% from FY 2021).

• Net income: US$739.8m (up 12% from FY 2021).

• Profit margin: 3.4% (down from 3.7% in FY 2021). The decrease in margin was driven by higher expenses.

• EPS: US$1.87 (up from US$1.67 in FY 2021).

Looking ahead, revenue is expected to decline by 1.1% p.a. on average during the next 2 years, while revenues in the Industrials industry in Asia are expected to grow by 4.1%.

Quarterly Performance

As of the close on Friday, $Straits Times Index(STI.SI)$ up 0.23% since YTD.

During the first quarter,  $SEMBCORP INDUSTRIES LTD(U96.SI)$, $GENTING SINGAPORE LIMITED(G13.SI)$, $CHINA AVIATION OIL(S) CORP LTD(G92.SI)$, $SINGAPORE EXCHANGE LIMITED(S68.SI)$ and $TOP GLOVE CORPORATION BHD(BVA.SI)$ are the top 5 Weekly gainers, up 29.59%, 17.28%, 10.11%, 5.96% and 5.56% respectively.