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BotakGuy
2023-07-17
$UNITED OVERSEAS BANK LIMITED(U11.SI)$
Is UOB good to buy at current prices ? Dividend less than 5% or wait ?
BotakGuy
2023-12-30
Huat to all in 2024 !!!
BotakGuy
2023-12-23
Keppel dc got pulled. Buy the dc from them then don't pay up
SGX Weekly Review: Keppel DC REIT, CapitaLand Ascott Trust and Elite Commercial REIT
BotakGuy
2023-10-17
Down a lot
Keppel DC Reit Drops 4.5% After Its Q3 DPU Slips 3.6% As Finance Costs Spike
BotakGuy
2023-07-25
Good ?
Keppel DC REIT Reports Stable 1HFY2023 DPU of 5.051 Cents
BotakGuy
2023-05-15
$HAFARY HOLDINGS LIMITED(5VS.SI)$
Don't know much about this company. Only saw it when I was trying to do some renovation
BotakGuy
2021-01-06
$SINGTEL(Z74.SI)$
After winning the digital banking licence and with 5G coming up. SINGTEL will need to raise cash to invest in new infrastructure. Better to wait for rights issues to enter.
BotakGuy
2023-04-06
$DFIRG USD(D01.SI)$
I been shopping at Cold Storage but stock price never help
BotakGuy
2022-05-28
$Alibaba(BABA)$
Do you believe in the business and brand ?
BotakGuy
2023-07-01
Ok. Hope everyone portfolio also up by 30% and more
Mid-Year Recap | Nasdaq Leads Major Indexes With a 31.7% Increase
BotakGuy
2021-02-04
$FRASERS CENTREPOINT TRUST(J69U.SI)$
look to pick up below 2.4x/. this will bring up my average price but is worth it.
BotakGuy
01-03
$Alibaba 5xShortSG240411(DXQW.SI)$
Using this to hedge my long position.
BotakGuy
2023-06-02
I covered my short position in amc
5 Meme Stocks to Sell Immediately
BotakGuy
2023-05-17
De link !
Wall Street Closes Lower After Home Depot Outlook, US Retail Sales
BotakGuy
2022-05-17
Still richer than the average Singaporean lol 😂
One-Time Richest Singapore Tycoon Has Lost 80% of His Fortune
BotakGuy
2023-01-10
Ok
S&P 500 Near Flat As Investors Weigh Chances of Less Aggressive Rate Hikes
BotakGuy
2023-01-16
$UNITED OVERSEAS BANK LIMITED(U11.SI)$
what happened
BotakGuy
2022-12-20
$Alibaba(09988)$
Why why
Go to Tiger App to see more news
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basically saying it will either go up or go down ? ","listText":"So basically saying it will either go up or go down ? ","text":"So basically saying it will either go up or go down ?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/288140595106072","repostId":"2422597694","repostType":2,"repost":{"id":"2422597694","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1711365300,"share":"https://www.laohu8.com/m/news/2422597694?lang=&edition=full","pubTime":"2024-03-25 19:15","market":"us","language":"en","title":"Big Tech Companies Could Drive the S&P 500 to 6,000 This Year Or Crash It to 4,500, Says Goldman Sachs","url":"https://stock-news.laohu8.com/highlight/detail?id=2422597694","media":"Dow Jones","summary":"It's a four-day week for markets, even if both the Fed's favorite inflation gauge and comments from Fed Chair Jerome Powell are coming on that Friday break.The S&P 500 SPX closed out last week with its biggest weekly gain since December, and a third session above the 5,200 level, which means several year-end targets for Wall Street banks have been taken out - nine out of 15 tracked by MarketWatch.While strategists were largely wary headed into 2024 after a bullish 2023, they seem to be getting braver on the whole.In our call of the day, a Goldman Sachs team led by its chief U.S. equity strategist, David Kostin, makes the case for the S&P 500 to hit 6,000 by the end of 2024, thanks to a relentless rise in big technology companies. The bank has twice lifted its year-end index call - its baseline forecast is 5,200.Speaking of big tech: The EU has opened probes into Apple , Google (G","content":"<html><head></head><body><p style=\"text-align: start;\">It’s a four-day week for markets, even if both the Fed’s favorite inflation gauge and comments from Fed Chair Jerome Powell are coming on that Friday break.</p><p style=\"text-align: start;\">The S&P 500 closed out last week with its biggest weekly gain since December, and a third session above the 5,200 level, which means several year-end targets for Wall Street banks have been taken out — nine out of 15 tracked by MarketWatch.</p><p>While strategists were largely wary headed into 2024 after a bullish 2023, they seem to be getting braver on the whole.</p><p>In our call of the day, a Goldman Sachs team led by its chief U.S. equity strategist, David Kostin, makes the case for the S&P 500 to hit 6,000 by the end of 2024, thanks to a relentless rise in big technology companies. The bank has twice lifted its year-end index call — its baseline forecast is 5,200.</p><p>And while other banks have been busying adjusting targets, Goldman isn’t alone with its 6K call.</p><p>Barclays head of U.S. equity strategy, Venu Krishna, last month laid out a bull case for 6,050 hinging on tech earnings continuing to exceed forecasts. Other finance minds on X claim to have been there much earlier, while last year, Yardeni Research’s Ed Yardeni made a call for 6,000 by 2025 that turned heads.</p><p>Making the 6,000 case, Kostin and co. say the current growth stock rally is different from the 2021 and tech bubble episodes “because investors today focus on profitability.” And while there are plenty of worries about over-exuberant artificial intelligence optimism, they say Big Tech valuations remain far from “bubble” territory:</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/74aa8f11cd6b8a66d163edb6267f2465\" tg-width=\"912\" tg-height=\"654\"/></p><p>But Goldman suggests investors pay attention to other potential scenarios. They also lay out a “catch-up” scenario that takes the S&P 500 to 5,800, as the rest of the market catches up to the megacap tech giants. They say that would require a “shift in the interest rate outlook without a deterioration in the economy.” Further confidence in disinflation would be needed as a chunk of the market is still weighed by higher-for-longer rate worries.</p><p style=\"text-align: start;\">They also flag a potential “catch-down” setup, taking the S&P 500 down to 4,500 by year-end. This would happen if the big tech companies fail to meet elevated growth expectations. “Crowding risk among the largest stocks and stretched investor positioning could exacerbate any ‘catch-down’ scenario,” they said.</p><p style=\"text-align: start;\">“Each megacap tech stock, except TSLA, sits atop our list of hedge fund favorite long positions,” said Kostin and co., who add that downside would be limited because the Fed has plenty of room to cut in case of a negative growth shock. For investors fretting a near-term pullback, they suggest looking at defensive stocks.</p><p>Speaking of big tech: The EU has opened probes into Apple, Google and Meta over compliance with its new Digital Markets Act.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Big Tech Companies Could Drive the S&P 500 to 6,000 This Year Or Crash It to 4,500, Says Goldman Sachs</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBig Tech Companies Could Drive the S&P 500 to 6,000 This Year Or Crash It to 4,500, Says Goldman Sachs\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2024-03-25 19:15</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p style=\"text-align: start;\">It’s a four-day week for markets, even if both the Fed’s favorite inflation gauge and comments from Fed Chair Jerome Powell are coming on that Friday break.</p><p style=\"text-align: start;\">The S&P 500 closed out last week with its biggest weekly gain since December, and a third session above the 5,200 level, which means several year-end targets for Wall Street banks have been taken out — nine out of 15 tracked by MarketWatch.</p><p>While strategists were largely wary headed into 2024 after a bullish 2023, they seem to be getting braver on the whole.</p><p>In our call of the day, a Goldman Sachs team led by its chief U.S. equity strategist, David Kostin, makes the case for the S&P 500 to hit 6,000 by the end of 2024, thanks to a relentless rise in big technology companies. The bank has twice lifted its year-end index call — its baseline forecast is 5,200.</p><p>And while other banks have been busying adjusting targets, Goldman isn’t alone with its 6K call.</p><p>Barclays head of U.S. equity strategy, Venu Krishna, last month laid out a bull case for 6,050 hinging on tech earnings continuing to exceed forecasts. Other finance minds on X claim to have been there much earlier, while last year, Yardeni Research’s Ed Yardeni made a call for 6,000 by 2025 that turned heads.</p><p>Making the 6,000 case, Kostin and co. say the current growth stock rally is different from the 2021 and tech bubble episodes “because investors today focus on profitability.” And while there are plenty of worries about over-exuberant artificial intelligence optimism, they say Big Tech valuations remain far from “bubble” territory:</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/74aa8f11cd6b8a66d163edb6267f2465\" tg-width=\"912\" tg-height=\"654\"/></p><p>But Goldman suggests investors pay attention to other potential scenarios. They also lay out a “catch-up” scenario that takes the S&P 500 to 5,800, as the rest of the market catches up to the megacap tech giants. They say that would require a “shift in the interest rate outlook without a deterioration in the economy.” Further confidence in disinflation would be needed as a chunk of the market is still weighed by higher-for-longer rate worries.</p><p style=\"text-align: start;\">They also flag a potential “catch-down” setup, taking the S&P 500 down to 4,500 by year-end. This would happen if the big tech companies fail to meet elevated growth expectations. “Crowding risk among the largest stocks and stretched investor positioning could exacerbate any ‘catch-down’ scenario,” they said.</p><p style=\"text-align: start;\">“Each megacap tech stock, except TSLA, sits atop our list of hedge fund favorite long positions,” said Kostin and co., who add that downside would be limited because the Fed has plenty of room to cut in case of a negative growth shock. For investors fretting a near-term pullback, they suggest looking at defensive stocks.</p><p>Speaking of big tech: The EU has opened probes into Apple, Google and Meta over compliance with its new Digital Markets Act.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU0097036916.USD":"贝莱德美国增长A2 USD",".SPX":"S&P 500 Index","LU0011850046.USD":"贝莱德全球长线股票 A2 USD","BK4077":"互动媒体与服务","BK7504":"锂钴概念","BK4576":"AR","LU0127658192.USD":"EASTSPRING INVESTMENTS GLOBAL TECHNOLOGY \"A\" (USD) ACC","LU1668664300.SGD":"Blackrock World Financials A2 SGD-H","IE00B3M56506.USD":"NEUBERGER BERMAN EMERGING MARKETS EQUITY \"A\" (USD) ACC","LU0171293334.USD":"贝莱德英国基金A2","BK4575":"芯片概念",".DJI":"道琼斯","LU0149725797.USD":"汇丰美国股市经济规模基金",".IXIC":"NASDAQ Composite","BK4577":"网络游戏"},"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2422597694","content_text":"It’s a four-day week for markets, even if both the Fed’s favorite inflation gauge and comments from Fed Chair Jerome Powell are coming on that Friday break.The S&P 500 closed out last week with its biggest weekly gain since December, and a third session above the 5,200 level, which means several year-end targets for Wall Street banks have been taken out — nine out of 15 tracked by MarketWatch.While strategists were largely wary headed into 2024 after a bullish 2023, they seem to be getting braver on the whole.In our call of the day, a Goldman Sachs team led by its chief U.S. equity strategist, David Kostin, makes the case for the S&P 500 to hit 6,000 by the end of 2024, thanks to a relentless rise in big technology companies. The bank has twice lifted its year-end index call — its baseline forecast is 5,200.And while other banks have been busying adjusting targets, Goldman isn’t alone with its 6K call.Barclays head of U.S. equity strategy, Venu Krishna, last month laid out a bull case for 6,050 hinging on tech earnings continuing to exceed forecasts. Other finance minds on X claim to have been there much earlier, while last year, Yardeni Research’s Ed Yardeni made a call for 6,000 by 2025 that turned heads.Making the 6,000 case, Kostin and co. say the current growth stock rally is different from the 2021 and tech bubble episodes “because investors today focus on profitability.” And while there are plenty of worries about over-exuberant artificial intelligence optimism, they say Big Tech valuations remain far from “bubble” territory:But Goldman suggests investors pay attention to other potential scenarios. They also lay out a “catch-up” scenario that takes the S&P 500 to 5,800, as the rest of the market catches up to the megacap tech giants. They say that would require a “shift in the interest rate outlook without a deterioration in the economy.” Further confidence in disinflation would be needed as a chunk of the market is still weighed by higher-for-longer rate worries.They also flag a potential “catch-down” setup, taking the S&P 500 down to 4,500 by year-end. This would happen if the big tech companies fail to meet elevated growth expectations. “Crowding risk among the largest stocks and stretched investor positioning could exacerbate any ‘catch-down’ scenario,” they said.“Each megacap tech stock, except TSLA, sits atop our list of hedge fund favorite long positions,” said Kostin and co., who add that downside would be limited because the Fed has plenty of room to cut in case of a negative growth shock. For investors fretting a near-term pullback, they suggest looking at defensive stocks.Speaking of big tech: The EU has opened probes into Apple, Google and Meta over compliance with its new Digital Markets Act.","news_type":1},"isVote":1,"tweetType":1,"viewCount":60,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":282061703942192,"gmtCreate":1709869214801,"gmtModify":1709869218497,"author":{"id":"3557831813182222","authorId":"3557831813182222","name":"BotakGuy","avatar":"https://static.tigerbbs.com/f7a8a7afc7644e0f8f2635094f19c39d","crmLevel":5,"crmLevelSwitch":1},"themes":[],"htmlText":"What do you mean ","listText":"What do you mean ","text":"What do you mean","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/282061703942192","repostId":"1187496054","repostType":2,"repost":{"id":"1187496054","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings","home_visible":1,"media_name":"TigerNews SG","id":"1050470178","head_image":"https://community-static.tradeup.com/news/f17a9a7b68c877792d5e556261e9e709"},"pubTimestamp":1709865730,"share":"https://www.laohu8.com/m/news/1187496054?lang=&edition=full","pubTime":"2024-03-08 10:42","market":"sg","language":"en","title":"DFI Retail Group Shares Jumped 4.4% after Posting 437% Increase in Underlying Earnings to US$155M","url":"https://stock-news.laohu8.com/highlight/detail?id=1187496054","media":"TigerNews SG","summary":"DFI Retail Group posted underlying earnings of US$154.7 million for the fiscal year ended Dec 31, 2023, up 437 per cent from earnings of US$28.8 million in FY2022.DFI Retail Group Shares Jumped 4.4% on the news.The group’s net profit for the year stood at US$32.2 million, versus a loss of US$114.6 million in the prior year.Underlying earnings distinguishes between the group’s ongoing business performance and non-trading items, DFI said in its financial results posted on the bourse on Thursday .","content":"<html><head></head><body><p>DFI Retail Group<strong> </strong>posted underlying earnings of US$154.7 million for the fiscal year ended Dec 31, 2023, up 437 per cent from earnings of US$28.8 million in FY2022.</p><p>DFI Retail Group Shares Jumped 4.4% on the news.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/157df62edb2f9373fc3b6d81c554d0ce\" tg-width=\"836\" tg-height=\"844\"/></p><p style=\"text-align: start;\">The group’s net profit for the year stood at US$32.2 million, versus a loss of US$114.6 million in the prior year.</p><p style=\"text-align: start;\">Underlying earnings distinguishes between the group’s ongoing business performance and non-trading items, DFI said in its financial results posted on the bourse on Thursday (Mar 7).</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>DFI Retail Group Shares Jumped 4.4% after Posting 437% Increase in Underlying Earnings to US$155M</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDFI Retail Group Shares Jumped 4.4% after Posting 437% Increase in Underlying Earnings to US$155M\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1050470178\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/f17a9a7b68c877792d5e556261e9e709);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">TigerNews SG </p>\n<p class=\"h-time\">2024-03-08 10:42</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>DFI Retail Group<strong> </strong>posted underlying earnings of US$154.7 million for the fiscal year ended Dec 31, 2023, up 437 per cent from earnings of US$28.8 million in FY2022.</p><p>DFI Retail Group Shares Jumped 4.4% on the news.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/157df62edb2f9373fc3b6d81c554d0ce\" tg-width=\"836\" tg-height=\"844\"/></p><p style=\"text-align: start;\">The group’s net profit for the year stood at US$32.2 million, versus a loss of US$114.6 million in the prior year.</p><p style=\"text-align: start;\">Underlying earnings distinguishes between the group’s ongoing business performance and non-trading items, DFI said in its financial results posted on the bourse on Thursday (Mar 7).</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"D01.SI":"牛奶国际控股有限公司"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1187496054","content_text":"DFI Retail Group posted underlying earnings of US$154.7 million for the fiscal year ended Dec 31, 2023, up 437 per cent from earnings of US$28.8 million in FY2022.DFI Retail Group Shares Jumped 4.4% on the news.The group’s net profit for the year stood at US$32.2 million, versus a loss of US$114.6 million in the prior year.Underlying earnings distinguishes between the group’s ongoing business performance and non-trading items, DFI said in its financial results posted on the bourse on Thursday (Mar 7).","news_type":1},"isVote":1,"tweetType":1,"viewCount":131,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":273116853514488,"gmtCreate":1707716713429,"gmtModify":1707716718035,"author":{"id":"3557831813182222","authorId":"3557831813182222","name":"BotakGuy","avatar":"https://static.tigerbbs.com/f7a8a7afc7644e0f8f2635094f19c39d","crmLevel":5,"crmLevelSwitch":1},"themes":[],"htmlText":"Baba ftw ","listText":"Baba ftw ","text":"Baba ftw","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/273116853514488","repostId":"2410044636","repostType":2,"isVote":1,"tweetType":1,"viewCount":115,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":272033777135832,"gmtCreate":1707452446603,"gmtModify":1707452462457,"author":{"id":"3557831813182222","authorId":"3557831813182222","name":"BotakGuy","avatar":"https://static.tigerbbs.com/f7a8a7afc7644e0f8f2635094f19c39d","crmLevel":5,"crmLevelSwitch":1},"themes":[],"htmlText":"More coins more luck","listText":"More coins more luck","text":"More coins more luck","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/272033777135832","isVote":1,"tweetType":1,"viewCount":145,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":271960696361208,"gmtCreate":1707434448498,"gmtModify":1707434453400,"author":{"id":"3557831813182222","authorId":"3557831813182222","name":"BotakGuy","avatar":"https://static.tigerbbs.com/f7a8a7afc7644e0f8f2635094f19c39d","crmLevel":5,"crmLevelSwitch":1},"themes":[],"htmlText":"Happy lunar new year","listText":"Happy lunar new year","text":"Happy lunar new year","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/271960696361208","isVote":1,"tweetType":1,"viewCount":109,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":271417426391256,"gmtCreate":1707301970347,"gmtModify":1707301974561,"author":{"id":"3557831813182222","authorId":"3557831813182222","name":"BotakGuy","avatar":"https://static.tigerbbs.com/f7a8a7afc7644e0f8f2635094f19c39d","crmLevel":5,"crmLevelSwitch":1},"themes":[],"htmlText":"To incraae by 309%","listText":"To incraae by 309%","text":"To incraae by 309%","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/271417426391256","isVote":1,"tweetType":1,"viewCount":150,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":268823810498648,"gmtCreate":1706665495264,"gmtModify":1706665499387,"author":{"id":"3557831813182222","authorId":"3557831813182222","name":"BotakGuy","avatar":"https://static.tigerbbs.com/f7a8a7afc7644e0f8f2635094f19c39d","crmLevel":5,"crmLevelSwitch":1},"themes":[],"htmlText":"Alibaba and 40 thieves caught ","listText":"Alibaba and 40 thieves caught ","text":"Alibaba and 40 thieves caught","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/268823810498648","repostId":"2407805923","repostType":2,"repost":{"id":"2407805923","pubTimestamp":1706662883,"share":"https://www.laohu8.com/m/news/2407805923?lang=&edition=full","pubTime":"2024-01-31 09:01","market":"us","language":"en","title":"Alibaba: Cannot Be Undervalued Forever","url":"https://stock-news.laohu8.com/highlight/detail?id=2407805923","media":"seekingalpha","summary":"Alibaba's diverse business lines, including e-commerce, cloud, and digital media, form a strong ecosystem that drives down costs and attracts customers.The company's robust balance sheet, with substan","content":"<html><head></head><body><ul style=\"\"><li><p>Alibaba's diverse business lines, including e-commerce, cloud, and digital media, form a strong ecosystem that drives down costs and attracts customers.</p></li><li><p>The company's robust balance sheet, with substantial investments in research and development, ensures long-term growth and strategic resilience.</p></li><li><p>My target price for the stock is $178.</p></li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/462cd3697f83bcec3578c700effe99fc\" tg-width=\"750\" tg-height=\"500\"/></p><h2 id=\"id_3297037323\">Introduction</h2><p>Despite multiple-fold business expansion over the last ten years, Alibaba's (NYSE:BABA) stock currently trades below levels when the company went public on the U.S. stock market. While acknowledging political risks and geopolitical tensions, Alibaba remains a formidable player in the world's second-largest economy, showcasing exceptional scale and efficiency across its diverse business lines. The company's robust balance sheet empowers substantial investments in research and development, ensuring long-term growth and strategic resilience. With a target price of $178, implying significant upside potential and considering Alibaba's stellar profitability, the stock emerges as a compelling 'Strong Buy' opportunity, offering substantial potential benefits for investors.</p><h2 id=\"id_1321167523\">Fundamental analysis</h2><p>Alibaba is a Chinese, one of the largest technological companies in the world, operating in several segments exposed to various industries, including e-commerce, cloud, smart logistics, and digital media. It is important to mention that all of Alibaba's businesses form an ecosystem, which gives the company advantages in driving down customer acquisition and retention costs.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/51875421553bbad4d6f20349dfd8f2b3\" tg-width=\"640\" tg-height=\"334\"/></p><p>BABA's Q3 FY2023 report</p><p></p><p>As can be seen above, in Q3, e-commerce represented more than half of Alibaba's total sales, and I will start my analysis with it. Apart from the e-commerce itself, I consider Local Services Group and Smart Logistics to be closely tied to this business as well. According to Statista, the number of active consumers across Alibaba's online shopping properties has doubled between 2017 and 2022, which indicates a strong 15% CAGR. Having more than 900 million annual active customers makes Alibaba a very attractive platform for merchants, and there are more than 8 million sellers there. Given its immense scale and international reach, Alibaba's e-commerce business is firmly entrenched in the industry, making replication nearly impossible. This is important and positive for investors because the Chinese e-commerce market is expected to grow at an 11.3% CAGR by 2029, a huge tailwind for Alibaba's biggest business.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d567d027e2dbe48532b03cd5618d2d04\" tg-width=\"640\" tg-height=\"327\"/></p><p>Mordor Intelligence</p><p></p><p>Alibaba stands out as a significant player in the cloud business, securing a 4% global market share and ranking fourth, trailing behind American technology giants such as Amazon (AMZN), Microsoft (MSFT), and Google (GOOG). I must emphasize that Alibaba faces certain constraints in its global cloud expansion due to cybersecurity and potential espionage concerns amid the ongoing tensions between the East and West. However, these challenges also serve to safeguard Alibaba's stronghold in its local market, the world's second-largest economy. While I personally haven't used Alibaba's cloud services, I believe that the company's extensive e-commerce database, enriched with data on advertising, spending patterns, and more, provides a robust foundation for its artificial intelligence ("AI") and machine learning ("ML") algorithms. This, in turn, positions Alibaba to develop sophisticated AI capabilities for its cloud services. The Chinese cloud market is forecasted to deliver an impressive 18.7% CAGR during the next five years, which is another big positive trend for Alibaba. It is also important to outline that Alibaba's "All others" line in the P&L is mostly represented by AI-leveraged services like DingTalk, Quark, and UCWeb.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/63ccd6695e4dfa58c4bd668fdfc4694a\" tg-width=\"640\" tg-height=\"475\"/></p><p>Statista</p><p></p><p>Although Alibaba's Digital Media and Entertainment business currently represents a smaller segment than the company's vast scale, I see it as a crucial component that generates solid synergies that benefit the overall business. This strategic alignment, I believe, contributes to driving growth not only in the Digital Media and Entertainment sector but also positively impacts the core pillars of Alibaba's business, namely E-commerce and Cloud services. With nearly a billion annual active buyers, Alibaba holds a substantial advantage for potentially cultivating its Digital Media and Entertainment business into a noteworthy revenue stream. However, I remain cautious about the feasibility of rapid growth prospects in the next few years.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/fb2850275ab7dc21d024a448b9dc61c9\" tg-width=\"635\" tg-height=\"467\"/></p><p>Data by YCharts</p><p></p><p>While having robust exposure to emerging industries and a massive scale is certainly valuable, skeptics argue that it might not be sufficient, and I tend to agree. To assess the likelihood of success, I turn to the company's historical performance and financial position. Alibaba's top line has shown recent signs of stagnation, but the overall trend over the past decade has been impressive. Operating income continues to expand, and Alibaba consistently outpaces its peers in terms of profitability metrics. It's noteworthy that Alibaba allocates billions of dollars annually to innovation, as depicted in the graph above. And the company's financial position gives me huge optimism about the company's ability to continue investing in growth and innovation heavily. Alibaba had almost $80 billion in cash as of September 30, 2023, which was more than $50 billion higher than the total debt.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b681ac9dc2f7388da3d14149191261e4\" tg-width=\"640\" tg-height=\"445\"/></p><p>SA</p><p></p><p>As Alibaba gears up for its upcoming quarterly earnings release on February 7, market expectations indicate a modest 2% YoY growth in revenue to $36.7 billion, accompanied by a slight dip in adjusted EPS from $2.79 to $2.67. The prevailing pessimism, evident in 23 downward EPS revisions over the last 90 days, suggests a conservative outlook. While generally not favorable for investors, this pessimism may already be factored into the stock price, potentially paving the way for positive surprises. Although Alibaba has a history of seldom delivering substantial revenue beats, it has consistently shown solid positive surprises on the bottom line across multiple quarters. Consequently, my outlook for the upcoming earnings release remains optimistic. The significance of the full fiscal 2024 revenue guidance cannot be overstated. However, I am inclined to think that the consensus estimate of approximately 7% growth is overly conservative for a company of Alibaba's caliber, and I anticipate no downward revisions in this regard.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c95d34e3fc5d18728944220a1f2491e3\" tg-width=\"640\" tg-height=\"226\"/></p><p>SA</p><p></p><p>In summary of the fundamental analysis, I am optimistic that Alibaba possesses the necessary resources to sustain strong performance across its diverse revenue streams. The recent news of insiders purchasing BABA shares worth $200 million in the past week further reinforces confidence in the company's growth prospects.</p><h2 id=\"id_2548404283\">Valuation analysis</h2><p>To gauge the current valuation of Alibaba's stock in relation to historical levels, let's examine the stock's all-time price chart. Remarkably, BABA is currently priced lower than its initial public offering almost a decade ago. Meanwhile, Alibaba's revenue has surged over fifteenfold, and EBITDA has nearly sextupled during this period. Looking at the balance sheet over the last decade, Alibaba's total assets increased by fifteen times as well.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/13b59687de0402ea028dfbe7ec2a64bd\" tg-width=\"640\" tg-height=\"278\"/></p><p>SA</p><p></p><p>I acknowledge the influence of country and political risks on the valuation comparison between Chinese companies and their U.S. counterparts may not be entirely fair. However, when assessing Alibaba's valuation ratios against those of Amazon, I find the gap to be excessively wide, even after factoring in political risks and the typical premium associated with U.S. stocks. This further underscores the substantial undervaluation of Alibaba's stock.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/047ad34148ad858ccf49f9eeb022ce2f\" tg-width=\"640\" tg-height=\"529\"/></p><p>SA</p><p></p><p>Let me perform a discounted cash flow ("DCF") model for Alibaba, applying a 7.5% WACC provided by Finbox. The constant growth rate for the terminal value ("TV") calculation is a very conservative 2%. The levered free cash flow ("FCF") margin is 14.17% for the base year, with the expected 50 basis points improvement yearly. I incorporate revenue consensus estimates for the base year and 2024, opting for a more conservative scenario with a gradual deceleration in revenue growth thereafter. There are slightly above 2.5 billion BABA shares outstanding at the moment.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c20ded17f5d3e0a5e88f9e17a871f32c\" tg-width=\"640\" tg-height=\"304\"/></p><p>Calculated by the author</p><p></p><p>The fair valuation generated by my DCF analysis points to approximately $178 per share, signifying more than double the last closing price and presenting a compelling 140% upside potential.</p><h2 id=\"id_2168331952\">Mitigating factors</h2><p>The recent three-year trajectory of BABA suggests that the stock's price exhibits minimal correlation with the underlying fundamentals. Various adverse factors unrelated to the company's operations significantly impacted the stock price. Inherent undervaluation stems from political and geopolitical threats, with the market price deviating notably from the consensus target since September 2020. Potential investors should take note of this divergence.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/479ff58aebd75222ad564755597261d8\" tg-width=\"640\" tg-height=\"439\"/></p><p>marketscreener.com</p><p></p><p>Skepticism persists regarding the outlook for the broader Chinese economy. CNN recently labeled 2023 as a 'miserable year' for China, expressing doubt that 2024 will bring substantial improvement. In early December 2023, Moody's put China on a credit risk downgrade warning, recognizing numerous risks for the Chinese economy as well. I believe the positive momentum in e-commerce and cloud will remain key drivers for Alibaba's revenue growth. However, potential challenges in the broader economic landscape could pose a risk to the pace of this growth, particularly for a company focused on expansion like Alibaba.</p><h2 id=\"id_1551961236\">Conclusion</h2><p>I believe that Alibaba's attractive valuation outweighs the associated risks, and the stock can't remain substantially undervalued indefinitely. While investors may have experienced share price challenges in recent years, the crucial factor for long-term investors is the company's ongoing expansion with stellar profitability. In my view, Alibaba's stock clearly merits a "Strong Buy" rating.</p></body></html>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Alibaba: Cannot Be Undervalued Forever</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAlibaba: Cannot Be Undervalued Forever\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-01-31 09:01 GMT+8 <a href=https://seekingalpha.com/article/4665963-alibaba-cannot-be-undervalued-forever><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Alibaba's diverse business lines, including e-commerce, cloud, and digital media, form a strong ecosystem that drives down costs and attracts customers.The company's robust balance sheet, with ...</p>\n\n<a href=\"https://seekingalpha.com/article/4665963-alibaba-cannot-be-undervalued-forever\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4554":"元宇宙及AR概念","LU0640476718.USD":"THREADNEEDLE (LUX) US CONTRARIAN CORE EQ \"AU\" (USD) ACC","LU2237443622.USD":"Aberdeen Standard SICAV I - Global Dynamic Dividend A Acc USD","AMZN":"亚马逊","IE00BJJMRY28.SGD":"Janus Henderson Balanced A Inc SGD","LU0308772762.SGD":"Blackrock Global Allocation A2 SGD-H","LU2237443978.SGD":"Aberdeen Standard SICAV I - Global Dynamic Dividend A Acc SGD-H","BK4553":"喜马拉雅资本持仓","MSFT":"微软","IE00BMPRXR70.SGD":"Neuberger Berman 5G Connectivity A Acc SGD-H","LU0072913022.USD":"UBS (LUX) EQUITY FUND - GREATER CHINA \"P\" (USD) ACC","IE00BMPRXN33.USD":"NEUBERGER BERMAN 5G CONNECTIVITY \"A\" (USD) ACC","LU0128525689.USD":"TEMPLETON GLOBAL BALANCED \"A\"(USD) ACC","LU0171293334.USD":"贝莱德英国基金A2","BK4567":"ESG概念","LU1105468828.SGD":"Allianz Total Return Asian Equity AM DIS H2-SGD","IE00BZ1G4Q59.USD":"LEGG MASON CLEARBRIDGE US EQUITY SUSTAINABILITY LEADER \"A\"(USD) INC (A)","BK4575":"芯片概念","BK4566":"资本集团","LU0097036916.USD":"贝莱德美国增长A2 USD","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","GOOG":"谷歌","BK4527":"明星科技股","BK4559":"巴菲特持仓","LU0861579265.USD":"联博低波幅策略股票基金A","BK4579":"人工智能","IE00B1BXHZ80.USD":"Legg Mason ClearBridge - US Appreciation A Acc USD","LU1691799644.USD":"Amundi Funds Polen Capital Global Growth A2 (C) USD","BK4550":"红杉资本持仓","BK4551":"寇图资本持仓","IE00BDCRKT87.USD":"PINEBRIDGE GLOBAL DYNAMIC ASSET ALLOCATION \"ADC\" (USD) INC","LU1880383366.USD":"东方汇理中国股票基金 A2 (C)","LU0256863811.USD":"ALLIANZ US EQUITY \"A\" INC","LU0348816934.USD":"ALLIANZ TOTAL RETURN ASIAN EQUITY \"AT\" (USD)","LU0348723411.USD":"ALLIANZ GLOBAL HI-TECH GROWTH \"A\" (USD) INC","LU1316542783.SGD":"Janus Henderson Horizon Global Technology Leaders A2 SGD","IE00BLSP4452.SGD":"Legg Mason ClearBridge - Tactical Dividend Income A Mdis SGD-H Plus","IE00BFSS7M15.SGD":"Janus Henderson Balanced A Acc SGD-H","IE00B3S45H60.SGD":"Neuberger Berman US Multicap Opportunities A Acc SGD-H","BK4548":"巴美列捷福持仓","IE0034235295.USD":"PINEBRIDGE GLOBAL DYNAMIC ASSET ALLOCATION \"A\" (USD) ACC","LU0238689110.USD":"贝莱德环球动力股票基金","LU0880133367.SGD":"UBS (LUX) EQUITY FUND CHINA OPPORTUNITY USD \"P\" (SGD) ACC","IE00BJJMRX11.SGD":"Janus Henderson Balanced A Acc SGD","LU0501845795.SGD":"瑞银大中华区股票基金P Acc SGD","BK4565":"NFT概念","LU0312595415.SGD":"Schroder ISF Global Climate Change Equity A Acc SGD","LU2237443549.SGD":"Aberdeen Standard SICAV I - Global Dynamic Dividend A MIncA SGD-H"},"source_url":"https://seekingalpha.com/article/4665963-alibaba-cannot-be-undervalued-forever","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2407805923","content_text":"Alibaba's diverse business lines, including e-commerce, cloud, and digital media, form a strong ecosystem that drives down costs and attracts customers.The company's robust balance sheet, with substantial investments in research and development, ensures long-term growth and strategic resilience.My target price for the stock is $178.IntroductionDespite multiple-fold business expansion over the last ten years, Alibaba's (NYSE:BABA) stock currently trades below levels when the company went public on the U.S. stock market. While acknowledging political risks and geopolitical tensions, Alibaba remains a formidable player in the world's second-largest economy, showcasing exceptional scale and efficiency across its diverse business lines. The company's robust balance sheet empowers substantial investments in research and development, ensuring long-term growth and strategic resilience. With a target price of $178, implying significant upside potential and considering Alibaba's stellar profitability, the stock emerges as a compelling 'Strong Buy' opportunity, offering substantial potential benefits for investors.Fundamental analysisAlibaba is a Chinese, one of the largest technological companies in the world, operating in several segments exposed to various industries, including e-commerce, cloud, smart logistics, and digital media. It is important to mention that all of Alibaba's businesses form an ecosystem, which gives the company advantages in driving down customer acquisition and retention costs.BABA's Q3 FY2023 reportAs can be seen above, in Q3, e-commerce represented more than half of Alibaba's total sales, and I will start my analysis with it. Apart from the e-commerce itself, I consider Local Services Group and Smart Logistics to be closely tied to this business as well. According to Statista, the number of active consumers across Alibaba's online shopping properties has doubled between 2017 and 2022, which indicates a strong 15% CAGR. Having more than 900 million annual active customers makes Alibaba a very attractive platform for merchants, and there are more than 8 million sellers there. Given its immense scale and international reach, Alibaba's e-commerce business is firmly entrenched in the industry, making replication nearly impossible. This is important and positive for investors because the Chinese e-commerce market is expected to grow at an 11.3% CAGR by 2029, a huge tailwind for Alibaba's biggest business.Mordor IntelligenceAlibaba stands out as a significant player in the cloud business, securing a 4% global market share and ranking fourth, trailing behind American technology giants such as Amazon (AMZN), Microsoft (MSFT), and Google (GOOG). I must emphasize that Alibaba faces certain constraints in its global cloud expansion due to cybersecurity and potential espionage concerns amid the ongoing tensions between the East and West. However, these challenges also serve to safeguard Alibaba's stronghold in its local market, the world's second-largest economy. While I personally haven't used Alibaba's cloud services, I believe that the company's extensive e-commerce database, enriched with data on advertising, spending patterns, and more, provides a robust foundation for its artificial intelligence (\"AI\") and machine learning (\"ML\") algorithms. This, in turn, positions Alibaba to develop sophisticated AI capabilities for its cloud services. The Chinese cloud market is forecasted to deliver an impressive 18.7% CAGR during the next five years, which is another big positive trend for Alibaba. It is also important to outline that Alibaba's \"All others\" line in the P&L is mostly represented by AI-leveraged services like DingTalk, Quark, and UCWeb.StatistaAlthough Alibaba's Digital Media and Entertainment business currently represents a smaller segment than the company's vast scale, I see it as a crucial component that generates solid synergies that benefit the overall business. This strategic alignment, I believe, contributes to driving growth not only in the Digital Media and Entertainment sector but also positively impacts the core pillars of Alibaba's business, namely E-commerce and Cloud services. With nearly a billion annual active buyers, Alibaba holds a substantial advantage for potentially cultivating its Digital Media and Entertainment business into a noteworthy revenue stream. However, I remain cautious about the feasibility of rapid growth prospects in the next few years.Data by YChartsWhile having robust exposure to emerging industries and a massive scale is certainly valuable, skeptics argue that it might not be sufficient, and I tend to agree. To assess the likelihood of success, I turn to the company's historical performance and financial position. Alibaba's top line has shown recent signs of stagnation, but the overall trend over the past decade has been impressive. Operating income continues to expand, and Alibaba consistently outpaces its peers in terms of profitability metrics. It's noteworthy that Alibaba allocates billions of dollars annually to innovation, as depicted in the graph above. And the company's financial position gives me huge optimism about the company's ability to continue investing in growth and innovation heavily. Alibaba had almost $80 billion in cash as of September 30, 2023, which was more than $50 billion higher than the total debt.SAAs Alibaba gears up for its upcoming quarterly earnings release on February 7, market expectations indicate a modest 2% YoY growth in revenue to $36.7 billion, accompanied by a slight dip in adjusted EPS from $2.79 to $2.67. The prevailing pessimism, evident in 23 downward EPS revisions over the last 90 days, suggests a conservative outlook. While generally not favorable for investors, this pessimism may already be factored into the stock price, potentially paving the way for positive surprises. Although Alibaba has a history of seldom delivering substantial revenue beats, it has consistently shown solid positive surprises on the bottom line across multiple quarters. Consequently, my outlook for the upcoming earnings release remains optimistic. The significance of the full fiscal 2024 revenue guidance cannot be overstated. However, I am inclined to think that the consensus estimate of approximately 7% growth is overly conservative for a company of Alibaba's caliber, and I anticipate no downward revisions in this regard.SAIn summary of the fundamental analysis, I am optimistic that Alibaba possesses the necessary resources to sustain strong performance across its diverse revenue streams. The recent news of insiders purchasing BABA shares worth $200 million in the past week further reinforces confidence in the company's growth prospects.Valuation analysisTo gauge the current valuation of Alibaba's stock in relation to historical levels, let's examine the stock's all-time price chart. Remarkably, BABA is currently priced lower than its initial public offering almost a decade ago. Meanwhile, Alibaba's revenue has surged over fifteenfold, and EBITDA has nearly sextupled during this period. Looking at the balance sheet over the last decade, Alibaba's total assets increased by fifteen times as well.SAI acknowledge the influence of country and political risks on the valuation comparison between Chinese companies and their U.S. counterparts may not be entirely fair. However, when assessing Alibaba's valuation ratios against those of Amazon, I find the gap to be excessively wide, even after factoring in political risks and the typical premium associated with U.S. stocks. This further underscores the substantial undervaluation of Alibaba's stock.SALet me perform a discounted cash flow (\"DCF\") model for Alibaba, applying a 7.5% WACC provided by Finbox. The constant growth rate for the terminal value (\"TV\") calculation is a very conservative 2%. The levered free cash flow (\"FCF\") margin is 14.17% for the base year, with the expected 50 basis points improvement yearly. I incorporate revenue consensus estimates for the base year and 2024, opting for a more conservative scenario with a gradual deceleration in revenue growth thereafter. There are slightly above 2.5 billion BABA shares outstanding at the moment.Calculated by the authorThe fair valuation generated by my DCF analysis points to approximately $178 per share, signifying more than double the last closing price and presenting a compelling 140% upside potential.Mitigating factorsThe recent three-year trajectory of BABA suggests that the stock's price exhibits minimal correlation with the underlying fundamentals. Various adverse factors unrelated to the company's operations significantly impacted the stock price. Inherent undervaluation stems from political and geopolitical threats, with the market price deviating notably from the consensus target since September 2020. Potential investors should take note of this divergence.marketscreener.comSkepticism persists regarding the outlook for the broader Chinese economy. CNN recently labeled 2023 as a 'miserable year' for China, expressing doubt that 2024 will bring substantial improvement. In early December 2023, Moody's put China on a credit risk downgrade warning, recognizing numerous risks for the Chinese economy as well. I believe the positive momentum in e-commerce and cloud will remain key drivers for Alibaba's revenue growth. However, potential challenges in the broader economic landscape could pose a risk to the pace of this growth, particularly for a company focused on expansion like Alibaba.ConclusionI believe that Alibaba's attractive valuation outweighs the associated risks, and the stock can't remain substantially undervalued indefinitely. While investors may have experienced share price challenges in recent years, the crucial factor for long-term investors is the company's ongoing expansion with stellar profitability. In my view, Alibaba's stock clearly merits a \"Strong Buy\" rating.","news_type":1},"isVote":1,"tweetType":1,"viewCount":121,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":268515165093896,"gmtCreate":1706578359986,"gmtModify":1706578364548,"author":{"id":"3557831813182222","authorId":"3557831813182222","name":"BotakGuy","avatar":"https://static.tigerbbs.com/f7a8a7afc7644e0f8f2635094f19c39d","crmLevel":5,"crmLevelSwitch":1},"themes":[],"htmlText":"Good ","listText":"Good ","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/268515165093896","repostId":"1157001411","repostType":2,"repost":{"id":"1157001411","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings","home_visible":1,"media_name":"TigerNews SG","id":"1050470178","head_image":"https://community-static.tradeup.com/news/f17a9a7b68c877792d5e556261e9e709"},"pubTimestamp":1706575695,"share":"https://www.laohu8.com/m/news/1157001411?lang=&edition=full","pubTime":"2024-01-30 08:48","market":"sg","language":"en","title":"Singapore Stocks to Watch: MPACT, MLT, Keppel Reit, Clint, CDLHT, OUE Reit","url":"https://stock-news.laohu8.com/highlight/detail?id=1157001411","media":"TigerNews SG","summary":"The following companies saw new developments that may affect trading of their securities on Tuesday (Jan 30):Mapletree Pan Asia Commercial Trust (MPACT) has declared 9.1% lower distribution per unit (","content":"<html><head></head><body><p>The following companies saw new developments that may affect trading of their securities on Tuesday (Jan 30):</p><p><strong>Mapletree Pan Asia Commercial Trust (MPACT)</strong> has declared 9.1% lower distribution per unit (DPU) y-o-y of 2.20 cents for 3QFY2024 ended Dec 31, 2023, tempered by rate hikes and the absence of a one-off gain.</p><p style=\"text-align: start;\">However, the REIT recorded y-o-y gains in gross revenue and net property income (NPI) for the quarter, which improved by 0.8% y-o-y to $241.6 million and 1.7% y-o-y to $182.4 million, respectively. </p><p style=\"text-align: start;\">Despite broad forex challenges, growth was primarily driven by Singapore’s robust performance, which delivered positive contributions after fully offsetting higher utility expenses. </p><p><strong>Mapletree Logistics Trust (MLT)</strong> has proposed the divestment of its property at 72 Tuas South Avenue 1 for a sale price of $16.8 million.</p><p style=\"text-align: start;\">On Jan 29, the manager of MLT announced that HSBC Institutional Trust Services (Singapore), in its capacity as trustee of MLT, had entered into a purchase agreement with an unrelated third party.</p><p style=\"text-align: start;\">The property is a 22-year-old four-storey cargo lift warehouse with a net lettable area of approximately 10,967 sqm. The sale price of $16.8 million is 10.5% above the latest valuation of $15.2 million as at Jan 1.</p><p><strong>Keppel REIT</strong> has reported a distribution per unit (DPU) of 5.80 cents for the FY2023 ended Dec 31, 2023, 2.0% lower y-o-y. DPU for the 2HFY2023 fell by 1.7% y-o-y to 2.90 cents.</p><p style=\"text-align: start;\">The lower DPUs were mostly due to the higher borrowing costs. In the FY2023, borrowing costs rose by 16.0% y-o-y to $67.0 million while borrowing costs rose 8.3% y-o-y to $35.2 million in the 2HFY2023.</p><p style=\"text-align: start;\">For the FY2023 and 2HFY2023, the REIT had 3.78 billion units in issue compared to the 3.74 billion units in issue in the corresponding periods the year before.</p><p>The manager of <strong>CapitaLand India Trust (CLINT)</strong> has reported a distribution per unit (DPU) of 3.09 cents for its 2HFY2023 ended Dec 31, 2023, 21% lower than the DPU of 3.91 cents in the same period the year before.</p><p style=\"text-align: start;\">DPU for the FY2023 also decreased 21% y-o-y to 6.45 cents from FY2022’s 8.19 cents. The lower DPU is mainly attributed to an enlarged unit base following the preferential offering in July 2023, higher finance costs and the appreciation of the Singdollar against the Indian Rupee (INR).</p><p style=\"text-align: start;\">In INR terms, total property income for the 2HFY2023 stood at INR7.58 billion ($122.3 million), 23% higher y-o-y, leading to a total property income of INR14.4 billion for the full year. </p><p><strong>CDL Hospitality Trusts (CDLHT)</strong> has reported a total distribution per stapled security (DPS) of 5.70 cents for the FY2023 ended Dec 31, 2023, 1.2% higher y-o-y.</p><p style=\"text-align: start;\">Including capital distributions, which rose by 99.5% y-o-y to $12.7 million for the year, total distribution to stapled securityholders – after retention for working capital – increased by 1.8% y-o-y to $71.0 million.</p><p style=\"text-align: start;\">FY2023 revenue rose by 12.3% y-o-y to $257.6 million due to improvements across most of CDLHT’s portfolio markets.</p><p><strong>OUE REIT</strong>, the newly-renamed OUE Commercial REIT, has maintained its 2HFY2023 distribution at 1.04 cents per unit. </p><p style=\"text-align: start;\">Revenue in the same six months ended Dec 31 2023 was up 16.4% over the year-earlier period and its net property income increased by 15.9% y-o-y.</p><p style=\"text-align: start;\">However, the amount available for distribution was weighed down by higher finance costs. The REIT held back a bigger quantum for working capital; its share of joint venture results dropped as well.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore Stocks to Watch: MPACT, MLT, Keppel Reit, Clint, CDLHT, OUE Reit</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore Stocks to Watch: MPACT, MLT, Keppel Reit, Clint, CDLHT, OUE Reit\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1050470178\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/f17a9a7b68c877792d5e556261e9e709);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">TigerNews SG </p>\n<p class=\"h-time\">2024-01-30 08:48</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>The following companies saw new developments that may affect trading of their securities on Tuesday (Jan 30):</p><p><strong>Mapletree Pan Asia Commercial Trust (MPACT)</strong> has declared 9.1% lower distribution per unit (DPU) y-o-y of 2.20 cents for 3QFY2024 ended Dec 31, 2023, tempered by rate hikes and the absence of a one-off gain.</p><p style=\"text-align: start;\">However, the REIT recorded y-o-y gains in gross revenue and net property income (NPI) for the quarter, which improved by 0.8% y-o-y to $241.6 million and 1.7% y-o-y to $182.4 million, respectively. </p><p style=\"text-align: start;\">Despite broad forex challenges, growth was primarily driven by Singapore’s robust performance, which delivered positive contributions after fully offsetting higher utility expenses. </p><p><strong>Mapletree Logistics Trust (MLT)</strong> has proposed the divestment of its property at 72 Tuas South Avenue 1 for a sale price of $16.8 million.</p><p style=\"text-align: start;\">On Jan 29, the manager of MLT announced that HSBC Institutional Trust Services (Singapore), in its capacity as trustee of MLT, had entered into a purchase agreement with an unrelated third party.</p><p style=\"text-align: start;\">The property is a 22-year-old four-storey cargo lift warehouse with a net lettable area of approximately 10,967 sqm. The sale price of $16.8 million is 10.5% above the latest valuation of $15.2 million as at Jan 1.</p><p><strong>Keppel REIT</strong> has reported a distribution per unit (DPU) of 5.80 cents for the FY2023 ended Dec 31, 2023, 2.0% lower y-o-y. DPU for the 2HFY2023 fell by 1.7% y-o-y to 2.90 cents.</p><p style=\"text-align: start;\">The lower DPUs were mostly due to the higher borrowing costs. In the FY2023, borrowing costs rose by 16.0% y-o-y to $67.0 million while borrowing costs rose 8.3% y-o-y to $35.2 million in the 2HFY2023.</p><p style=\"text-align: start;\">For the FY2023 and 2HFY2023, the REIT had 3.78 billion units in issue compared to the 3.74 billion units in issue in the corresponding periods the year before.</p><p>The manager of <strong>CapitaLand India Trust (CLINT)</strong> has reported a distribution per unit (DPU) of 3.09 cents for its 2HFY2023 ended Dec 31, 2023, 21% lower than the DPU of 3.91 cents in the same period the year before.</p><p style=\"text-align: start;\">DPU for the FY2023 also decreased 21% y-o-y to 6.45 cents from FY2022’s 8.19 cents. The lower DPU is mainly attributed to an enlarged unit base following the preferential offering in July 2023, higher finance costs and the appreciation of the Singdollar against the Indian Rupee (INR).</p><p style=\"text-align: start;\">In INR terms, total property income for the 2HFY2023 stood at INR7.58 billion ($122.3 million), 23% higher y-o-y, leading to a total property income of INR14.4 billion for the full year. </p><p><strong>CDL Hospitality Trusts (CDLHT)</strong> has reported a total distribution per stapled security (DPS) of 5.70 cents for the FY2023 ended Dec 31, 2023, 1.2% higher y-o-y.</p><p style=\"text-align: start;\">Including capital distributions, which rose by 99.5% y-o-y to $12.7 million for the year, total distribution to stapled securityholders – after retention for working capital – increased by 1.8% y-o-y to $71.0 million.</p><p style=\"text-align: start;\">FY2023 revenue rose by 12.3% y-o-y to $257.6 million due to improvements across most of CDLHT’s portfolio markets.</p><p><strong>OUE REIT</strong>, the newly-renamed OUE Commercial REIT, has maintained its 2HFY2023 distribution at 1.04 cents per unit. </p><p style=\"text-align: start;\">Revenue in the same six months ended Dec 31 2023 was up 16.4% over the year-earlier period and its net property income increased by 15.9% y-o-y.</p><p style=\"text-align: start;\">However, the amount available for distribution was weighed down by higher finance costs. The REIT held back a bigger quantum for working capital; its share of joint venture results dropped as well.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CY6U.SI":"凯德印度信托","TS0U.SI":"华联房地产投资信托","K71U.SI":"吉宝房地产信托","N2IU.SI":"丰树商业信托","M44U.SI":"丰树物流信托","J85.SI":"城市酒店信托"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1157001411","content_text":"The following companies saw new developments that may affect trading of their securities on Tuesday (Jan 30):Mapletree Pan Asia Commercial Trust (MPACT) has declared 9.1% lower distribution per unit (DPU) y-o-y of 2.20 cents for 3QFY2024 ended Dec 31, 2023, tempered by rate hikes and the absence of a one-off gain.However, the REIT recorded y-o-y gains in gross revenue and net property income (NPI) for the quarter, which improved by 0.8% y-o-y to $241.6 million and 1.7% y-o-y to $182.4 million, respectively. Despite broad forex challenges, growth was primarily driven by Singapore’s robust performance, which delivered positive contributions after fully offsetting higher utility expenses. Mapletree Logistics Trust (MLT) has proposed the divestment of its property at 72 Tuas South Avenue 1 for a sale price of $16.8 million.On Jan 29, the manager of MLT announced that HSBC Institutional Trust Services (Singapore), in its capacity as trustee of MLT, had entered into a purchase agreement with an unrelated third party.The property is a 22-year-old four-storey cargo lift warehouse with a net lettable area of approximately 10,967 sqm. The sale price of $16.8 million is 10.5% above the latest valuation of $15.2 million as at Jan 1.Keppel REIT has reported a distribution per unit (DPU) of 5.80 cents for the FY2023 ended Dec 31, 2023, 2.0% lower y-o-y. DPU for the 2HFY2023 fell by 1.7% y-o-y to 2.90 cents.The lower DPUs were mostly due to the higher borrowing costs. In the FY2023, borrowing costs rose by 16.0% y-o-y to $67.0 million while borrowing costs rose 8.3% y-o-y to $35.2 million in the 2HFY2023.For the FY2023 and 2HFY2023, the REIT had 3.78 billion units in issue compared to the 3.74 billion units in issue in the corresponding periods the year before.The manager of CapitaLand India Trust (CLINT) has reported a distribution per unit (DPU) of 3.09 cents for its 2HFY2023 ended Dec 31, 2023, 21% lower than the DPU of 3.91 cents in the same period the year before.DPU for the FY2023 also decreased 21% y-o-y to 6.45 cents from FY2022’s 8.19 cents. The lower DPU is mainly attributed to an enlarged unit base following the preferential offering in July 2023, higher finance costs and the appreciation of the Singdollar against the Indian Rupee (INR).In INR terms, total property income for the 2HFY2023 stood at INR7.58 billion ($122.3 million), 23% higher y-o-y, leading to a total property income of INR14.4 billion for the full year. CDL Hospitality Trusts (CDLHT) has reported a total distribution per stapled security (DPS) of 5.70 cents for the FY2023 ended Dec 31, 2023, 1.2% higher y-o-y.Including capital distributions, which rose by 99.5% y-o-y to $12.7 million for the year, total distribution to stapled securityholders – after retention for working capital – increased by 1.8% y-o-y to $71.0 million.FY2023 revenue rose by 12.3% y-o-y to $257.6 million due to improvements across most of CDLHT’s portfolio markets.OUE REIT, the newly-renamed OUE Commercial REIT, has maintained its 2HFY2023 distribution at 1.04 cents per unit. Revenue in the same six months ended Dec 31 2023 was up 16.4% over the year-earlier period and its net property income increased by 15.9% y-o-y.However, the amount available for distribution was weighed down by higher finance costs. The REIT held back a bigger quantum for working capital; its share of joint venture results dropped as well.","news_type":1},"isVote":1,"tweetType":1,"viewCount":58,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":266709383966728,"gmtCreate":1706150117714,"gmtModify":1706150122165,"author":{"id":"3557831813182222","authorId":"3557831813182222","name":"BotakGuy","avatar":"https://static.tigerbbs.com/f7a8a7afc7644e0f8f2635094f19c39d","crmLevel":5,"crmLevelSwitch":1},"themes":[],"htmlText":"Good or bad ? Why need private placement ","listText":"Good or bad ? Why need private placement ","text":"Good or bad ? Why need private placement","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/266709383966728","repostId":"2406865562","repostType":2,"repost":{"id":"2406865562","pubTimestamp":1706148124,"share":"https://www.laohu8.com/m/news/2406865562?lang=&edition=full","pubTime":"2024-01-25 10:02","market":"sg","language":"en","title":"Frasers Property to Sell Half-Stake of Nex for S$523.1 Million; FCT Issues Private Placement","url":"https://stock-news.laohu8.com/highlight/detail?id=2406865562","media":"businesstimes","summary":"FRASERS Property is selling its half-stake of retail mall Nex for an estimated price of S$523.1 million to Frasers Centrepoint Asset Management, the manager of Frasers Centrepoint Trust (FCT).","content":"<div>\n<p>Frasers Property is selling some of its stake in retail mall Nex for an estimated price of S$523.1 million to Frasers Centrepoint Asset Management, the manager of Frasers Centrepoint Trust (FCT).The ...</p>\n\n<a href=\"https://www.businesstimes.com.sg/companies-markets/fct-buy-245-stake-nex-frasers-property-raise-s200-million-placement\">Web Link</a>\n\n</div>\n","source":"bustime_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Frasers Property to Sell Half-Stake of Nex for S$523.1 Million; FCT Issues Private Placement</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFrasers Property to Sell Half-Stake of Nex for S$523.1 Million; FCT Issues Private Placement\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-01-25 10:02 GMT+8 <a href=https://www.businesstimes.com.sg/companies-markets/fct-buy-245-stake-nex-frasers-property-raise-s200-million-placement><strong>businesstimes</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Frasers Property is selling some of its stake in retail mall Nex for an estimated price of S$523.1 million to Frasers Centrepoint Asset Management, the manager of Frasers Centrepoint Trust (FCT).The ...</p>\n\n<a href=\"https://www.businesstimes.com.sg/companies-markets/fct-buy-245-stake-nex-frasers-property-raise-s200-million-placement\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"J69U.SI":"星狮地产信托","BK6137":"零售房地产信托","BK6512":"房地产股","BK6011":"零售业房地产投资信托","TQ5.SI":"星狮地产有限公司"},"source_url":"https://www.businesstimes.com.sg/companies-markets/fct-buy-245-stake-nex-frasers-property-raise-s200-million-placement","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2406865562","content_text":"Frasers Property is selling some of its stake in retail mall Nex for an estimated price of S$523.1 million to Frasers Centrepoint Asset Management, the manager of Frasers Centrepoint Trust (FCT).The trustee of FCT, HSBC Institutional Trust Services, has entered into the share purchase agreement with the sponsor of FCT, Frasers Property, on Thursday (Jan 25).Richard Ng, chief executive of the manager, said: “The acquisition follows from our initial acquisition of 25.5 per cent in Nex in February 2023 and will raise FCT’s effective interest to 50 per cent on completion.”The acquisition of Nex is via acquiring the total issued share capital of the sponsor’s unit FCL Emerald, which holds a 49 per cent interest in Nex Partners (NP) Trust. FCL Emerald also holds a 49 per cent stake in Frasers Property Coral, the trustee-manager of NP Trust.NP Trust is a private trust which holds 50 per cent of the issued and paid-up share capital of Gold Ridge, which in turn holds the retail mall Nex – located at 23 Serangoon Central.Upon completion of the acquisition, FCT will hold a 100 per cent interest in each of NP Trust and the NP trustee-manager, as well as an effective 50 per cent interest of Nex, said the manager.The manager also noted that the agreed property of value of Nex is S$2.1 billion, an average between two independent valuations as at the end of last December. The net property income (NPI) yield based on the property’s NPI for the financial year ended Sep 30, 2023 and the agreed property value is about 4.8 per cent.“Nex is an excellent asset with strong financial and operational performance, and is a strategic fit to FCT’s prime suburban retail portfolio,” said Ng, adding that the acquisition is also distribution per unit-accretive.The manager highlighted that the proposed acquisition is subject to approval by unitholders at an extraordinary general meeting, the date of which will be determined later.Of the S$523.1 million total cost of the acquisition, the acquisition price payable by the trustee is about S$321.3 million, and some S$196 million is the pro-rata share attributable to FCL Emerald’s stake in Gold Ridge, on top of other relevant fees and expenses.The manager, at the same time, noted that the bank loans owed by Gold Ridge will not be discharged under the acquisition. It also said it will finance the total acquisition cost via net proceeds from a proposed private placement and debt financing.In a separate filing on the same day, FCT’s manager proposed the private placement at an issue price of between S$2.16 and S$2.204 per unit to raise no less than S$200 million to partially fund the acquisition.The proposed issue price range represents a discount of between about 1.8 and 3.8 per cent to the adjusted volume-weighted average price of S$2.2446 per unit, as well as between about 3.6 and 5.6 per cent to the volume-weighted average price of S$2.2871 per unit.The manager said it intends to use the gross proceeds to repay existing debts, after partially funding the acquisition of the remaining 49 per cent stake in NP Trust and its trustee-manager.FCT’s portfolio comprises mainly suburban retail malls, including Causeway Point and Northpoint City’s North Wing.Both counters of FCT and Frasers Property requested trading halts on Thursday.","news_type":1},"isVote":1,"tweetType":1,"viewCount":146,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":262438259490992,"gmtCreate":1705106072523,"gmtModify":1705106076536,"author":{"id":"3557831813182222","authorId":"3557831813182222","name":"BotakGuy","avatar":"https://static.tigerbbs.com/f7a8a7afc7644e0f8f2635094f19c39d","crmLevel":5,"crmLevelSwitch":1},"themes":[],"htmlText":"Short or Lokg this week ? ","listText":"Short or Lokg this week ? ","text":"Short or Lokg this week ?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/262438259490992","isVote":1,"tweetType":1,"viewCount":211,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":262151732527152,"gmtCreate":1705036771577,"gmtModify":1705036775979,"author":{"id":"3557831813182222","authorId":"3557831813182222","name":"BotakGuy","avatar":"https://static.tigerbbs.com/f7a8a7afc7644e0f8f2635094f19c39d","crmLevel":5,"crmLevelSwitch":1},"themes":[],"htmlText":"How do we do it ? To the moon ","listText":"How do we do it ? To the moon ","text":"How do we do it ? To the moon","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/262151732527152","isVote":1,"tweetType":1,"viewCount":27,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":261888608227512,"gmtCreate":1704956556468,"gmtModify":1704956560653,"author":{"id":"3557831813182222","authorId":"3557831813182222","name":"BotakGuy","avatar":"https://static.tigerbbs.com/f7a8a7afc7644e0f8f2635094f19c39d","crmLevel":5,"crmLevelSwitch":1},"themes":[],"htmlText":"Yes let's gooo !!! How do we play this ? ","listText":"Yes let's gooo !!! How do we play this ? ","text":"Yes let's gooo !!! How do we play this ?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/261888608227512","isVote":1,"tweetType":1,"viewCount":33,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":259063927382256,"gmtCreate":1704260505774,"gmtModify":1704260508611,"author":{"id":"3557831813182222","authorId":"3557831813182222","name":"BotakGuy","avatar":"https://static.tigerbbs.com/f7a8a7afc7644e0f8f2635094f19c39d","crmLevel":5,"crmLevelSwitch":1},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/DXQW.SI\">$Alibaba 5xShortSG240411(DXQW.SI)$ </a>Using this to hedge my long position. ","listText":"<a href=\"https://ttm.financial/S/DXQW.SI\">$Alibaba 5xShortSG240411(DXQW.SI)$ </a>Using this to hedge my long position. ","text":"$Alibaba 5xShortSG240411(DXQW.SI)$ Using this to hedge my long position.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/259063927382256","isVote":1,"tweetType":1,"viewCount":87,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":257484715135272,"gmtCreate":1703896556140,"gmtModify":1703896560154,"author":{"id":"3557831813182222","authorId":"3557831813182222","name":"BotakGuy","avatar":"https://static.tigerbbs.com/f7a8a7afc7644e0f8f2635094f19c39d","crmLevel":5,"crmLevelSwitch":1},"themes":[],"htmlText":"Huat to all in 2024 !!!","listText":"Huat to all in 2024 !!!","text":"Huat to all in 2024 !!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/257484715135272","isVote":1,"tweetType":1,"viewCount":55,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":255144942157944,"gmtCreate":1703304852059,"gmtModify":1703304856851,"author":{"id":"3557831813182222","authorId":"3557831813182222","name":"BotakGuy","avatar":"https://static.tigerbbs.com/f7a8a7afc7644e0f8f2635094f19c39d","crmLevel":5,"crmLevelSwitch":1},"themes":[],"htmlText":"Keppel dc got pulled. Buy the dc from them then don't pay up ","listText":"Keppel dc got pulled. Buy the dc from them then don't pay up ","text":"Keppel dc got pulled. Buy the dc from them then don't pay up","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/255144942157944","repostId":"2393444548","repostType":2,"repost":{"id":"2393444548","pubTimestamp":1703290763,"share":"https://www.laohu8.com/m/news/2393444548?lang=&edition=full","pubTime":"2023-12-23 08:19","market":"sg","language":"en","title":"SGX Weekly Review: Keppel DC REIT, CapitaLand Ascott Trust and Elite Commercial REIT","url":"https://stock-news.laohu8.com/highlight/detail?id=2393444548","media":"The Smart Investor","summary":"A data centre REIT issues a letter of demand while a UK office REIT undertakes an equity fundraising exercise to lower its gearing.","content":"<html><head></head><body><p>Welcome to this week’s edition of top stock market highlights.</p><h2 id=\"id_2716414742\"><a href=\"https://laohu8.com/S/AJBU.SI\">Keppel DC REIT</a></h2><p>Keppel DC REIT issued a letter of demand to its tenant, Guangdong Bluesea Data Development Co (“Bluesea”) concerning the lease agreements for three data centres.</p><p>The data centre REIT seeks to recover a total sum in arrears of around S$9.1 million from its tenant.</p><p>This amount includes rental arrears of four months and a coupon due on 15 December along with late payment interest and real estate taxes.</p><p>Bluesea has also been requested to top up its security deposits of approximately S$6 million.</p><p>Earlier, Keppel DC REIT had been in discussions with Bluesea to allow the latter to pay its rental in instalments and for the topping up of its security deposits.</p><p>Instalments were received up till October 2023, but the latest payment for November 2023 was not received.</p><p>As a result, a breach of the tenancy agreement has occurred and the manager of the REIT has the right to terminate the agreement and seek recourse against Bluesea.</p><p>The three data centres made up around 8.5% of Keppel DC REIT’s gross revenue for the third quarter of 2023.</p><p>Assuming the rent and coupon cannot be recovered, the manager estimates that there will be a negative distribution per unit (DPU) impact of S$0.00655, which makes up close to 6.4% of the REIT’s 2022 DPU.</p><h2 id=\"id_1058672564\"><a href=\"https://laohu8.com/S/HMN.SI\">CapitaLand Ascott Trust</a></h2><p>CapitaLand Ascott Trust, or CLAS, has announced the divestment of three hotels in Osaka, Japan, for a sum of JPY 10.7 billion (approximately S$99.8 million).</p><p>The three properties are Hotel WBF Honmachi, Hotel WBF Kitasemba East and Hotel WBF Kitasemba West.</p><p>These properties will be sold at a premium of 15% over their book values and the divestment will be completed in the first quarter of 2024.</p><p>CLAS will recognise a net gain of around S$10.1 million and receive proceeds of S$36.4 million.</p><p>The move is part of the hospitality trust’s portfolio reconstitution strategy that involves the unlocking of the value of properties and redeployment of capital.</p><p>Despite the sale, CEO Serena Teo maintains that Japan remains an attractive market for CLAS because of its strong tourism market and steady population growth.</p><p>CLAS is also set to complete a turnkey acquisition of a 258-unit rental housing property in Fukuoka in the next quarter.</p><p>Following this divestment, the hospitality trust will have a portfolio of 30 properties spanning serviced residences, hotels, rental housing and student accommodation properties in Japan.</p><h2 id=\"id_1367834526\"><a href=\"https://laohu8.com/S/MXNU.SI\">Elite Commercial REIT</a></h2><p>Elite Commercial REIT launched a fully underwritten preferential offer to raise gross proceeds of approximately £28 million.</p><p>The offer ratio is for 214 preferential offer units for every 1,000 existing units at an issue price of £0.27 per unit.</p><p>The good news is that Elite’s sponsors and substantial shareholders have provided irrevocable undertakings to subscribe for up to £24.7 million of preferential offer units.</p><p>The money raised will be used to repay debt and strengthen Elite’s balance sheet.</p><p>The issue price of £0.27 represents a 10% discount to the volume-weighted average price of £0.30 as of 18 December 2023.</p><p>This fundraising exercise was, in part, triggered by the REIT’s recent announcement that it had obtained independent external valuations for its portfolio as of 1 December 2023.</p><p>The REIT’s 150 properties were valued at £412.5 million, representing a decline of approximately 9.5% compared with 31 December 2022.</p><p>In light of this valuation decline, Elite Commercial REIT’s gearing ratio has jumped to 49.6%, just shy of the Monetary Authority of Singapore’s ceiling of 50%.</p><p>With the proceeds from the preferential offer, the manager can lower the REIT’s gearing to 43.5% and open up debt headroom of £58 million to weather any further macroeconomic uncertainties.</p><p>The good news is that the REIT has no refinancing requirements until November 2024, so this exercise puts it in a better position to negotiate for more favourable refinancing terms.</p><p>A lower gearing also means the REIT will incur less interest expense, leading to an 8.1% increase in distributable income to £14.7 million for the first nine months of 2023.</p></body></html>","source":"thesmartinvestor_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>SGX Weekly Review: Keppel DC REIT, CapitaLand Ascott Trust and Elite Commercial REIT</title>\n<style 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}\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSGX Weekly Review: Keppel DC REIT, CapitaLand Ascott Trust and Elite Commercial REIT\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-12-23 08:19 GMT+8 <a href=https://thesmartinvestor.com.sg/top-stock-market-highlights-of-the-week-keppel-dc-reit-capitaland-ascott-trust-and-elite-commercial-reit/><strong>The Smart Investor</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Welcome to this week’s edition of top stock market highlights.Keppel DC REITKeppel DC REIT issued a letter of demand to its tenant, Guangdong Bluesea Data Development Co (“Bluesea”) concerning the ...</p>\n\n<a href=\"https://thesmartinvestor.com.sg/top-stock-market-highlights-of-the-week-keppel-dc-reit-capitaland-ascott-trust-and-elite-commercial-reit/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SG9999014492.USD":"NIKKO AM ASEAN EQUITY \"A\" (USD) ACC","BK6132":"办公室房地产信托","SG9999014484.SGD":"Nikko AM ASEAN Equity Fund A SGD","HMN.SI":"凯德雅诗阁信托","BK6099":"办公房地产投资信托","DC":"Dakota Gold Corp","MXNU.SI":"EliteComREIT GBP","BK6111":"工业集团企业","BN4.SI":"吉宝有限公司","BK6512":"房地产股","SG9999003826.SGD":"日兴资管新加坡股息基金 SGD","SG9999016042.SGD":"Schroder Singapore Trust A Acc SGD","BK6014":"特种房地产投资信托","AJBU.SI":"吉宝数据中心房地产信托","SG9999001127.SGD":"United Singapore Growth Fund SGD","SGXZ58947870.SGD":"LIONGLOBAL SINGAPORE DIVIDEND EQUITY (SGDHDG) INC","REIT":"ALPS Active REIT ETF","BK6089":"酒店及度假村房地产投资信托","CFA.SI":"NikkoAM-STC Asia REIT","BK4017":"黄金","SG9999004360.SGD":"Nikko AM Shenton Thrift Fund SGD","SG9999000475.SGD":"Aberdeen Standard Singapore Equity SGD","BK6523":"ESG概念","SG9999013460.SGD":"LionGlobal Singapore Dividend Equity Fund SGD","BK6505":"周期性消费品与消费者服务","SG9999013478.USD":"利安新加坡股息基金","SG9999000343.SGD":"Schroder Singapore Trust A Dis SGD","SG9999008742.SGD":"Eastspring Investments Unit Trusts - Singapore ASEAN Equity SGD","SG9999006266.SGD":"MANULIFE SINGAPORE EQUITY \"A\" (SGD) ACC","BK6129":"酒店及度假村房地产信托","SG9999005177.SGD":"Legg Mason Martin Currie - Southeast Asia Trust A Acc SGD","SG9999001135.SGD":"United ASEAN Fund SGD","SG9999014302.SGD":"RHB Singapore Income Fund SGD","SG9999013486.USD":"LIONGLOBAL SINGAPORE DIVIDEND EQUITY (USD) INC A","BK6131":"数据中心房地产信托"},"source_url":"https://thesmartinvestor.com.sg/top-stock-market-highlights-of-the-week-keppel-dc-reit-capitaland-ascott-trust-and-elite-commercial-reit/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2393444548","content_text":"Welcome to this week’s edition of top stock market highlights.Keppel DC REITKeppel DC REIT issued a letter of demand to its tenant, Guangdong Bluesea Data Development Co (“Bluesea”) concerning the lease agreements for three data centres.The data centre REIT seeks to recover a total sum in arrears of around S$9.1 million from its tenant.This amount includes rental arrears of four months and a coupon due on 15 December along with late payment interest and real estate taxes.Bluesea has also been requested to top up its security deposits of approximately S$6 million.Earlier, Keppel DC REIT had been in discussions with Bluesea to allow the latter to pay its rental in instalments and for the topping up of its security deposits.Instalments were received up till October 2023, but the latest payment for November 2023 was not received.As a result, a breach of the tenancy agreement has occurred and the manager of the REIT has the right to terminate the agreement and seek recourse against Bluesea.The three data centres made up around 8.5% of Keppel DC REIT’s gross revenue for the third quarter of 2023.Assuming the rent and coupon cannot be recovered, the manager estimates that there will be a negative distribution per unit (DPU) impact of S$0.00655, which makes up close to 6.4% of the REIT’s 2022 DPU.CapitaLand Ascott TrustCapitaLand Ascott Trust, or CLAS, has announced the divestment of three hotels in Osaka, Japan, for a sum of JPY 10.7 billion (approximately S$99.8 million).The three properties are Hotel WBF Honmachi, Hotel WBF Kitasemba East and Hotel WBF Kitasemba West.These properties will be sold at a premium of 15% over their book values and the divestment will be completed in the first quarter of 2024.CLAS will recognise a net gain of around S$10.1 million and receive proceeds of S$36.4 million.The move is part of the hospitality trust’s portfolio reconstitution strategy that involves the unlocking of the value of properties and redeployment of capital.Despite the sale, CEO Serena Teo maintains that Japan remains an attractive market for CLAS because of its strong tourism market and steady population growth.CLAS is also set to complete a turnkey acquisition of a 258-unit rental housing property in Fukuoka in the next quarter.Following this divestment, the hospitality trust will have a portfolio of 30 properties spanning serviced residences, hotels, rental housing and student accommodation properties in Japan.Elite Commercial REITElite Commercial REIT launched a fully underwritten preferential offer to raise gross proceeds of approximately £28 million.The offer ratio is for 214 preferential offer units for every 1,000 existing units at an issue price of £0.27 per unit.The good news is that Elite’s sponsors and substantial shareholders have provided irrevocable undertakings to subscribe for up to £24.7 million of preferential offer units.The money raised will be used to repay debt and strengthen Elite’s balance sheet.The issue price of £0.27 represents a 10% discount to the volume-weighted average price of £0.30 as of 18 December 2023.This fundraising exercise was, in part, triggered by the REIT’s recent announcement that it had obtained independent external valuations for its portfolio as of 1 December 2023.The REIT’s 150 properties were valued at £412.5 million, representing a decline of approximately 9.5% compared with 31 December 2022.In light of this valuation decline, Elite Commercial REIT’s gearing ratio has jumped to 49.6%, just shy of the Monetary Authority of Singapore’s ceiling of 50%.With the proceeds from the preferential offer, the manager can lower the REIT’s gearing to 43.5% and open up debt headroom of £58 million to weather any further macroeconomic uncertainties.The good news is that the REIT has no refinancing requirements until November 2024, so this exercise puts it in a better position to negotiate for more favourable refinancing terms.A lower gearing also means the REIT will incur less interest expense, leading to an 8.1% increase in distributable income to £14.7 million for the first nine months of 2023.","news_type":1},"isVote":1,"tweetType":1,"viewCount":121,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":249515809005832,"gmtCreate":1701937829492,"gmtModify":1701937834276,"author":{"id":"3557831813182222","authorId":"3557831813182222","name":"BotakGuy","avatar":"https://static.tigerbbs.com/f7a8a7afc7644e0f8f2635094f19c39d","crmLevel":5,"crmLevelSwitch":1},"themes":[],"htmlText":"Alibaba please find the 40 thieves ","listText":"Alibaba please find the 40 thieves ","text":"Alibaba please find the 40 thieves","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/249515809005832","repostId":"2389000090","repostType":2,"isVote":1,"tweetType":1,"viewCount":151,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":246931290472448,"gmtCreate":1701307248964,"gmtModify":1701307254306,"author":{"id":"3557831813182222","authorId":"3557831813182222","name":"BotakGuy","avatar":"https://static.tigerbbs.com/f7a8a7afc7644e0f8f2635094f19c39d","crmLevel":5,"crmLevelSwitch":1},"themes":[],"htmlText":"Restore ! ","listText":"Restore ! ","text":"Restore !","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/246931290472448","repostId":"1160087683","repostType":2,"isVote":1,"tweetType":1,"viewCount":124,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":234961954697360,"gmtCreate":1698385257632,"gmtModify":1698385261800,"author":{"id":"3557831813182222","authorId":"3557831813182222","name":"BotakGuy","avatar":"https://static.tigerbbs.com/f7a8a7afc7644e0f8f2635094f19c39d","crmLevel":5,"crmLevelSwitch":1},"themes":[],"htmlText":"Huh DBS buy based on client orders or they buy and put on prop books ? ","listText":"Huh DBS buy based on client orders or they buy and put on prop books ? ","text":"Huh DBS buy based on client orders or they buy and put on prop books ?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/234961954697360","repostId":"2378897319","repostType":2,"repost":{"id":"2378897319","pubTimestamp":1698384184,"share":"https://www.laohu8.com/m/news/2378897319?lang=&edition=full","pubTime":"2023-10-27 13:23","market":"sg","language":"en","title":"DBS Bank Acquires 750,000 Units in MLT for $1.51 Apiece","url":"https://stock-news.laohu8.com/highlight/detail?id=2378897319","media":"Felicia Tan","summary":"Following the acquisition, DBS’s stake in MLT rose to 0.8596%.","content":"<html><head></head><body><p><a href=\"https://laohu8.com/S/D05.SI\">DBS Bank</a> acquired 750,000 units in <a href=\"https://laohu8.com/S/M44U.SI\">Mapletree Logistics Trust</a>(MLT) for a total of $1.13 million or $1.51 apiece.</p><p>The units were acquired via the market on Oct 19.</p><p>Following the acquisition, DBS’s stake in MLT rose to 0.8596%.</p><p>MLT, on Oct 24, reported a distribution per unit (DPU) of 2.268 cents for the 2QFY2024 ended Sept 30, 0.9% higher y-o-y. Its DPU for the 1HFY2024 rose by 0.5% y-o-y to 4.539 cents.</p><p>Units in MLT closed flat at $1.47 on Oct 26.</p></body></html>","source":"edge_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>DBS Bank Acquires 750,000 Units in MLT for $1.51 Apiece</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDBS Bank Acquires 750,000 Units in MLT for $1.51 Apiece\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-10-27 13:23 GMT+8 <a href=https://www.theedgesingapore.com/capital/insider-moves/dbs-bank-acquires-750000-units-mlt-151-apiece?utm_source=Blog&utm_medium=RSS&utm_campaign=Tiger_Brokers_app_RSS><strong>Felicia Tan</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>DBS Bank acquired 750,000 units in Mapletree Logistics Trust(MLT) for a total of $1.13 million or $1.51 apiece.The units were acquired via the market on Oct 19.Following the acquisition, DBS’s stake ...</p>\n\n<a href=\"https://www.theedgesingapore.com/capital/insider-moves/dbs-bank-acquires-750000-units-mlt-151-apiece?utm_source=Blog&utm_medium=RSS&utm_campaign=Tiger_Brokers_app_RSS\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"D05.SI":"星展集团控股","M44U.SI":"丰树物流信托"},"source_url":"https://www.theedgesingapore.com/capital/insider-moves/dbs-bank-acquires-750000-units-mlt-151-apiece?utm_source=Blog&utm_medium=RSS&utm_campaign=Tiger_Brokers_app_RSS","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2378897319","content_text":"DBS Bank acquired 750,000 units in Mapletree Logistics Trust(MLT) for a total of $1.13 million or $1.51 apiece.The units were acquired via the market on Oct 19.Following the acquisition, DBS’s stake in MLT rose to 0.8596%.MLT, on Oct 24, reported a distribution per unit (DPU) of 2.268 cents for the 2QFY2024 ended Sept 30, 0.9% higher y-o-y. Its DPU for the 1HFY2024 rose by 0.5% y-o-y to 4.539 cents.Units in MLT closed flat at $1.47 on Oct 26.","news_type":1},"isVote":1,"tweetType":1,"viewCount":217,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":233932688769136,"gmtCreate":1698121308554,"gmtModify":1698121312977,"author":{"id":"3557831813182222","authorId":"3557831813182222","name":"BotakGuy","avatar":"https://static.tigerbbs.com/f7a8a7afc7644e0f8f2635094f19c39d","crmLevel":5,"crmLevelSwitch":1},"themes":[],"htmlText":"Cheap can become cheaper. Hope the value gets realised ","listText":"Cheap can become cheaper. Hope the value gets realised ","text":"Cheap can become cheaper. Hope the value gets realised","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/233932688769136","repostId":"2377711346","repostType":2,"isVote":1,"tweetType":1,"viewCount":265,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":231541210210560,"gmtCreate":1697537797641,"gmtModify":1697537801711,"author":{"id":"3557831813182222","authorId":"3557831813182222","name":"BotakGuy","avatar":"https://static.tigerbbs.com/f7a8a7afc7644e0f8f2635094f19c39d","crmLevel":5,"crmLevelSwitch":1},"themes":[],"htmlText":"Down a lot ","listText":"Down a lot ","text":"Down a lot","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/231541210210560","repostId":"1126692148","repostType":2,"isVote":1,"tweetType":1,"viewCount":123,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":198745254187136,"gmtCreate":1689555966323,"gmtModify":1689565373205,"author":{"id":"3557831813182222","authorId":"3557831813182222","name":"BotakGuy","avatar":"https://static.tigerbbs.com/f7a8a7afc7644e0f8f2635094f19c39d","crmLevel":5,"crmLevelSwitch":1},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/U11.SI\">$UNITED OVERSEAS BANK LIMITED(U11.SI)$ </a>Is UOB good to buy at current prices ? Dividend less than 5% or wait ? ","listText":"<a href=\"https://ttm.financial/S/U11.SI\">$UNITED OVERSEAS BANK LIMITED(U11.SI)$ </a>Is UOB good to buy at current prices ? Dividend less than 5% or wait ? ","text":"$UNITED OVERSEAS BANK LIMITED(U11.SI)$ Is UOB good to buy at current prices ? Dividend less than 5% or wait ?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":2,"link":"https://ttm.financial/post/198745254187136","isVote":1,"tweetType":1,"viewCount":433,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3578630064980119","authorId":"3578630064980119","name":"BGTAN","avatar":"https://static.tigerbbs.com/8ca7305b1f6bd1d4dd9abf3c54e6fbdb","crmLevel":3,"crmLevelSwitch":1},"content":"you can add some if you currently do not have any in UOB. if you already have UOB, wait and see if the price will drop below 27","text":"you can add some if you currently do not have any in UOB. if you already have UOB, wait and see if the price will drop below 27","html":"you can add some if you currently do not have any in UOB. if you already have UOB, wait and see if the price will drop below 27"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":257484715135272,"gmtCreate":1703896556140,"gmtModify":1703896560154,"author":{"id":"3557831813182222","authorId":"3557831813182222","name":"BotakGuy","avatar":"https://static.tigerbbs.com/f7a8a7afc7644e0f8f2635094f19c39d","crmLevel":5,"crmLevelSwitch":1},"themes":[],"htmlText":"Huat to all in 2024 !!!","listText":"Huat to all in 2024 !!!","text":"Huat to all in 2024 !!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/257484715135272","isVote":1,"tweetType":1,"viewCount":55,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":255144942157944,"gmtCreate":1703304852059,"gmtModify":1703304856851,"author":{"id":"3557831813182222","authorId":"3557831813182222","name":"BotakGuy","avatar":"https://static.tigerbbs.com/f7a8a7afc7644e0f8f2635094f19c39d","crmLevel":5,"crmLevelSwitch":1},"themes":[],"htmlText":"Keppel dc got pulled. Buy the dc from them then don't pay up ","listText":"Keppel dc got pulled. Buy the dc from them then don't pay up ","text":"Keppel dc got pulled. Buy the dc from them then don't pay up","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/255144942157944","repostId":"2393444548","repostType":2,"repost":{"id":"2393444548","pubTimestamp":1703290763,"share":"https://www.laohu8.com/m/news/2393444548?lang=&edition=full","pubTime":"2023-12-23 08:19","market":"sg","language":"en","title":"SGX Weekly Review: Keppel DC REIT, CapitaLand Ascott Trust and Elite Commercial REIT","url":"https://stock-news.laohu8.com/highlight/detail?id=2393444548","media":"The Smart Investor","summary":"A data centre REIT issues a letter of demand while a UK office REIT undertakes an equity fundraising exercise to lower its gearing.","content":"<html><head></head><body><p>Welcome to this week’s edition of top stock market highlights.</p><h2 id=\"id_2716414742\"><a href=\"https://laohu8.com/S/AJBU.SI\">Keppel DC REIT</a></h2><p>Keppel DC REIT issued a letter of demand to its tenant, Guangdong Bluesea Data Development Co (“Bluesea”) concerning the lease agreements for three data centres.</p><p>The data centre REIT seeks to recover a total sum in arrears of around S$9.1 million from its tenant.</p><p>This amount includes rental arrears of four months and a coupon due on 15 December along with late payment interest and real estate taxes.</p><p>Bluesea has also been requested to top up its security deposits of approximately S$6 million.</p><p>Earlier, Keppel DC REIT had been in discussions with Bluesea to allow the latter to pay its rental in instalments and for the topping up of its security deposits.</p><p>Instalments were received up till October 2023, but the latest payment for November 2023 was not received.</p><p>As a result, a breach of the tenancy agreement has occurred and the manager of the REIT has the right to terminate the agreement and seek recourse against Bluesea.</p><p>The three data centres made up around 8.5% of Keppel DC REIT’s gross revenue for the third quarter of 2023.</p><p>Assuming the rent and coupon cannot be recovered, the manager estimates that there will be a negative distribution per unit (DPU) impact of S$0.00655, which makes up close to 6.4% of the REIT’s 2022 DPU.</p><h2 id=\"id_1058672564\"><a href=\"https://laohu8.com/S/HMN.SI\">CapitaLand Ascott Trust</a></h2><p>CapitaLand Ascott Trust, or CLAS, has announced the divestment of three hotels in Osaka, Japan, for a sum of JPY 10.7 billion (approximately S$99.8 million).</p><p>The three properties are Hotel WBF Honmachi, Hotel WBF Kitasemba East and Hotel WBF Kitasemba West.</p><p>These properties will be sold at a premium of 15% over their book values and the divestment will be completed in the first quarter of 2024.</p><p>CLAS will recognise a net gain of around S$10.1 million and receive proceeds of S$36.4 million.</p><p>The move is part of the hospitality trust’s portfolio reconstitution strategy that involves the unlocking of the value of properties and redeployment of capital.</p><p>Despite the sale, CEO Serena Teo maintains that Japan remains an attractive market for CLAS because of its strong tourism market and steady population growth.</p><p>CLAS is also set to complete a turnkey acquisition of a 258-unit rental housing property in Fukuoka in the next quarter.</p><p>Following this divestment, the hospitality trust will have a portfolio of 30 properties spanning serviced residences, hotels, rental housing and student accommodation properties in Japan.</p><h2 id=\"id_1367834526\"><a href=\"https://laohu8.com/S/MXNU.SI\">Elite Commercial REIT</a></h2><p>Elite Commercial REIT launched a fully underwritten preferential offer to raise gross proceeds of approximately £28 million.</p><p>The offer ratio is for 214 preferential offer units for every 1,000 existing units at an issue price of £0.27 per unit.</p><p>The good news is that Elite’s sponsors and substantial shareholders have provided irrevocable undertakings to subscribe for up to £24.7 million of preferential offer units.</p><p>The money raised will be used to repay debt and strengthen Elite’s balance sheet.</p><p>The issue price of £0.27 represents a 10% discount to the volume-weighted average price of £0.30 as of 18 December 2023.</p><p>This fundraising exercise was, in part, triggered by the REIT’s recent announcement that it had obtained independent external valuations for its portfolio as of 1 December 2023.</p><p>The REIT’s 150 properties were valued at £412.5 million, representing a decline of approximately 9.5% compared with 31 December 2022.</p><p>In light of this valuation decline, Elite Commercial REIT’s gearing ratio has jumped to 49.6%, just shy of the Monetary Authority of Singapore’s ceiling of 50%.</p><p>With the proceeds from the preferential offer, the manager can lower the REIT’s gearing to 43.5% and open up debt headroom of £58 million to weather any further macroeconomic uncertainties.</p><p>The good news is that the REIT has no refinancing requirements until November 2024, so this exercise puts it in a better position to negotiate for more favourable refinancing terms.</p><p>A lower gearing also means the REIT will incur less interest expense, leading to an 8.1% increase in distributable income to £14.7 million for the first nine months of 2023.</p></body></html>","source":"thesmartinvestor_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>SGX Weekly Review: Keppel DC REIT, CapitaLand Ascott Trust and Elite Commercial REIT</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSGX Weekly Review: Keppel DC REIT, CapitaLand Ascott Trust and Elite Commercial REIT\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-12-23 08:19 GMT+8 <a href=https://thesmartinvestor.com.sg/top-stock-market-highlights-of-the-week-keppel-dc-reit-capitaland-ascott-trust-and-elite-commercial-reit/><strong>The Smart Investor</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Welcome to this week’s edition of top stock market highlights.Keppel DC REITKeppel DC REIT issued a letter of demand to its tenant, Guangdong Bluesea Data Development Co (“Bluesea”) concerning the ...</p>\n\n<a href=\"https://thesmartinvestor.com.sg/top-stock-market-highlights-of-the-week-keppel-dc-reit-capitaland-ascott-trust-and-elite-commercial-reit/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SG9999014492.USD":"NIKKO AM ASEAN EQUITY \"A\" (USD) ACC","BK6132":"办公室房地产信托","SG9999014484.SGD":"Nikko AM ASEAN Equity Fund A SGD","HMN.SI":"凯德雅诗阁信托","BK6099":"办公房地产投资信托","DC":"Dakota Gold Corp","MXNU.SI":"EliteComREIT GBP","BK6111":"工业集团企业","BN4.SI":"吉宝有限公司","BK6512":"房地产股","SG9999003826.SGD":"日兴资管新加坡股息基金 SGD","SG9999016042.SGD":"Schroder Singapore Trust A Acc SGD","BK6014":"特种房地产投资信托","AJBU.SI":"吉宝数据中心房地产信托","SG9999001127.SGD":"United Singapore Growth Fund SGD","SGXZ58947870.SGD":"LIONGLOBAL SINGAPORE DIVIDEND EQUITY (SGDHDG) INC","REIT":"ALPS Active REIT ETF","BK6089":"酒店及度假村房地产投资信托","CFA.SI":"NikkoAM-STC Asia REIT","BK4017":"黄金","SG9999004360.SGD":"Nikko AM Shenton Thrift Fund SGD","SG9999000475.SGD":"Aberdeen Standard Singapore Equity SGD","BK6523":"ESG概念","SG9999013460.SGD":"LionGlobal Singapore Dividend Equity Fund SGD","BK6505":"周期性消费品与消费者服务","SG9999013478.USD":"利安新加坡股息基金","SG9999000343.SGD":"Schroder Singapore Trust A Dis SGD","SG9999008742.SGD":"Eastspring Investments Unit Trusts - Singapore ASEAN Equity SGD","SG9999006266.SGD":"MANULIFE SINGAPORE EQUITY \"A\" (SGD) ACC","BK6129":"酒店及度假村房地产信托","SG9999005177.SGD":"Legg Mason Martin Currie - Southeast Asia Trust A Acc SGD","SG9999001135.SGD":"United ASEAN Fund SGD","SG9999014302.SGD":"RHB Singapore Income Fund SGD","SG9999013486.USD":"LIONGLOBAL SINGAPORE DIVIDEND EQUITY (USD) INC A","BK6131":"数据中心房地产信托"},"source_url":"https://thesmartinvestor.com.sg/top-stock-market-highlights-of-the-week-keppel-dc-reit-capitaland-ascott-trust-and-elite-commercial-reit/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2393444548","content_text":"Welcome to this week’s edition of top stock market highlights.Keppel DC REITKeppel DC REIT issued a letter of demand to its tenant, Guangdong Bluesea Data Development Co (“Bluesea”) concerning the lease agreements for three data centres.The data centre REIT seeks to recover a total sum in arrears of around S$9.1 million from its tenant.This amount includes rental arrears of four months and a coupon due on 15 December along with late payment interest and real estate taxes.Bluesea has also been requested to top up its security deposits of approximately S$6 million.Earlier, Keppel DC REIT had been in discussions with Bluesea to allow the latter to pay its rental in instalments and for the topping up of its security deposits.Instalments were received up till October 2023, but the latest payment for November 2023 was not received.As a result, a breach of the tenancy agreement has occurred and the manager of the REIT has the right to terminate the agreement and seek recourse against Bluesea.The three data centres made up around 8.5% of Keppel DC REIT’s gross revenue for the third quarter of 2023.Assuming the rent and coupon cannot be recovered, the manager estimates that there will be a negative distribution per unit (DPU) impact of S$0.00655, which makes up close to 6.4% of the REIT’s 2022 DPU.CapitaLand Ascott TrustCapitaLand Ascott Trust, or CLAS, has announced the divestment of three hotels in Osaka, Japan, for a sum of JPY 10.7 billion (approximately S$99.8 million).The three properties are Hotel WBF Honmachi, Hotel WBF Kitasemba East and Hotel WBF Kitasemba West.These properties will be sold at a premium of 15% over their book values and the divestment will be completed in the first quarter of 2024.CLAS will recognise a net gain of around S$10.1 million and receive proceeds of S$36.4 million.The move is part of the hospitality trust’s portfolio reconstitution strategy that involves the unlocking of the value of properties and redeployment of capital.Despite the sale, CEO Serena Teo maintains that Japan remains an attractive market for CLAS because of its strong tourism market and steady population growth.CLAS is also set to complete a turnkey acquisition of a 258-unit rental housing property in Fukuoka in the next quarter.Following this divestment, the hospitality trust will have a portfolio of 30 properties spanning serviced residences, hotels, rental housing and student accommodation properties in Japan.Elite Commercial REITElite Commercial REIT launched a fully underwritten preferential offer to raise gross proceeds of approximately £28 million.The offer ratio is for 214 preferential offer units for every 1,000 existing units at an issue price of £0.27 per unit.The good news is that Elite’s sponsors and substantial shareholders have provided irrevocable undertakings to subscribe for up to £24.7 million of preferential offer units.The money raised will be used to repay debt and strengthen Elite’s balance sheet.The issue price of £0.27 represents a 10% discount to the volume-weighted average price of £0.30 as of 18 December 2023.This fundraising exercise was, in part, triggered by the REIT’s recent announcement that it had obtained independent external valuations for its portfolio as of 1 December 2023.The REIT’s 150 properties were valued at £412.5 million, representing a decline of approximately 9.5% compared with 31 December 2022.In light of this valuation decline, Elite Commercial REIT’s gearing ratio has jumped to 49.6%, just shy of the Monetary Authority of Singapore’s ceiling of 50%.With the proceeds from the preferential offer, the manager can lower the REIT’s gearing to 43.5% and open up debt headroom of £58 million to weather any further macroeconomic uncertainties.The good news is that the REIT has no refinancing requirements until November 2024, so this exercise puts it in a better position to negotiate for more favourable refinancing terms.A lower gearing also means the REIT will incur less interest expense, leading to an 8.1% increase in distributable income to £14.7 million for the first nine months of 2023.","news_type":1},"isVote":1,"tweetType":1,"viewCount":121,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":231541210210560,"gmtCreate":1697537797641,"gmtModify":1697537801711,"author":{"id":"3557831813182222","authorId":"3557831813182222","name":"BotakGuy","avatar":"https://static.tigerbbs.com/f7a8a7afc7644e0f8f2635094f19c39d","crmLevel":5,"crmLevelSwitch":1},"themes":[],"htmlText":"Down a lot ","listText":"Down a lot ","text":"Down a lot","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/231541210210560","repostId":"1126692148","repostType":2,"repost":{"id":"1126692148","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1697521661,"share":"https://www.laohu8.com/m/news/1126692148?lang=&edition=full","pubTime":"2023-10-17 13:47","market":"sg","language":"en","title":"Keppel DC Reit Drops 4.5% After Its Q3 DPU Slips 3.6% As Finance Costs Spike","url":"https://stock-news.laohu8.com/highlight/detail?id=1126692148","media":"Tiger Newspress","summary":"Keppel DC Reit reported a 3.6 per cent decline in distribution per unit (DPU) for the third quarter on the back of higher finance costs and less favourable foreign exchange hedges.Keppel DC Reit dropp","content":"<html><head></head><body><p>Keppel DC Reit reported a 3.6 per cent decline in distribution per unit (DPU) for the third quarter on the back of higher finance costs and less favourable foreign exchange hedges.</p><p>Keppel DC Reit dropped 4.5% in Tuesday’s trading.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2b23ee3a6ab8a889e38951fd6a68117d\" tg-width=\"843\" tg-height=\"624\"/></p><p style=\"text-align: start;\">According to its business update filed on Monday (Oct 16), DPU for the three months ended Sep 30 fell to S$0.02492 from S$0.02585 in the year-ago period. Distributable income was also down 6.5 per cent to S$43.9 million.</p><p style=\"text-align: start;\">The distributions were weighed down by higher finance costs, which rose 56.9 per cent to S$12.8 million.</p><p>Gross revenue for the third quarter climbed slightly to S$70.7 million, up from S$70.3 million a year earlier, due to contribution from acquisitions as well as “overall positive income reversions and income escalations”.</p><p style=\"text-align: start;\">Net property income was also slightly higher, rising 0.8 per cent to S$64.6 million.</p><p style=\"text-align: start;\">For the nine-month period ended September 2023, Keppel DC Reit’s DPU stood at S$0.07543, down 1.2 per cent year on year. Distributable income for the nine months was down 2.1 per cent at S$135.2 million.</p><p>The Reit’s aggregate leverage rose to 37.2 per cent as at end-September, up 90 basis points from three months earlier. The manager noted that it has available debt headroom of S$182 million before hitting its internal cap of 40 per cent.</p><p style=\"text-align: start;\">The average cost of debt was 3.2 per cent. The manager noted that there is no further refinancing for 2023, with the bulk of its debt expiring from 2026 and beyond.</p><p style=\"text-align: start;\">Portfolio occupancy slipped to 98.3 per cent as at Sep 30, 2023, down from 98.5 per cent three months earlier. The manager said the Reit secured new and renewal contracts in Singapore, Australia, Ireland and the Netherlands, with overall positive reversions.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Keppel DC Reit Drops 4.5% After Its Q3 DPU Slips 3.6% As Finance Costs Spike</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nKeppel DC Reit Drops 4.5% After Its Q3 DPU Slips 3.6% As Finance Costs Spike\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2023-10-17 13:47</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Keppel DC Reit reported a 3.6 per cent decline in distribution per unit (DPU) for the third quarter on the back of higher finance costs and less favourable foreign exchange hedges.</p><p>Keppel DC Reit dropped 4.5% in Tuesday’s trading.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2b23ee3a6ab8a889e38951fd6a68117d\" tg-width=\"843\" tg-height=\"624\"/></p><p style=\"text-align: start;\">According to its business update filed on Monday (Oct 16), DPU for the three months ended Sep 30 fell to S$0.02492 from S$0.02585 in the year-ago period. Distributable income was also down 6.5 per cent to S$43.9 million.</p><p style=\"text-align: start;\">The distributions were weighed down by higher finance costs, which rose 56.9 per cent to S$12.8 million.</p><p>Gross revenue for the third quarter climbed slightly to S$70.7 million, up from S$70.3 million a year earlier, due to contribution from acquisitions as well as “overall positive income reversions and income escalations”.</p><p style=\"text-align: start;\">Net property income was also slightly higher, rising 0.8 per cent to S$64.6 million.</p><p style=\"text-align: start;\">For the nine-month period ended September 2023, Keppel DC Reit’s DPU stood at S$0.07543, down 1.2 per cent year on year. Distributable income for the nine months was down 2.1 per cent at S$135.2 million.</p><p>The Reit’s aggregate leverage rose to 37.2 per cent as at end-September, up 90 basis points from three months earlier. The manager noted that it has available debt headroom of S$182 million before hitting its internal cap of 40 per cent.</p><p style=\"text-align: start;\">The average cost of debt was 3.2 per cent. The manager noted that there is no further refinancing for 2023, with the bulk of its debt expiring from 2026 and beyond.</p><p style=\"text-align: start;\">Portfolio occupancy slipped to 98.3 per cent as at Sep 30, 2023, down from 98.5 per cent three months earlier. The manager said the Reit secured new and renewal contracts in Singapore, Australia, Ireland and the Netherlands, with overall positive reversions.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AJBU.SI":"吉宝数据中心房地产信托"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1126692148","content_text":"Keppel DC Reit reported a 3.6 per cent decline in distribution per unit (DPU) for the third quarter on the back of higher finance costs and less favourable foreign exchange hedges.Keppel DC Reit dropped 4.5% in Tuesday’s trading.According to its business update filed on Monday (Oct 16), DPU for the three months ended Sep 30 fell to S$0.02492 from S$0.02585 in the year-ago period. Distributable income was also down 6.5 per cent to S$43.9 million.The distributions were weighed down by higher finance costs, which rose 56.9 per cent to S$12.8 million.Gross revenue for the third quarter climbed slightly to S$70.7 million, up from S$70.3 million a year earlier, due to contribution from acquisitions as well as “overall positive income reversions and income escalations”.Net property income was also slightly higher, rising 0.8 per cent to S$64.6 million.For the nine-month period ended September 2023, Keppel DC Reit’s DPU stood at S$0.07543, down 1.2 per cent year on year. Distributable income for the nine months was down 2.1 per cent at S$135.2 million.The Reit’s aggregate leverage rose to 37.2 per cent as at end-September, up 90 basis points from three months earlier. The manager noted that it has available debt headroom of S$182 million before hitting its internal cap of 40 per cent.The average cost of debt was 3.2 per cent. The manager noted that there is no further refinancing for 2023, with the bulk of its debt expiring from 2026 and beyond.Portfolio occupancy slipped to 98.3 per cent as at Sep 30, 2023, down from 98.5 per cent three months earlier. The manager said the Reit secured new and renewal contracts in Singapore, Australia, Ireland and the Netherlands, with overall positive reversions.","news_type":1},"isVote":1,"tweetType":1,"viewCount":123,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":201470549442736,"gmtCreate":1690214525130,"gmtModify":1690214528873,"author":{"id":"3557831813182222","authorId":"3557831813182222","name":"BotakGuy","avatar":"https://static.tigerbbs.com/f7a8a7afc7644e0f8f2635094f19c39d","crmLevel":5,"crmLevelSwitch":1},"themes":[],"htmlText":"Good ? ","listText":"Good ? ","text":"Good ?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/201470549442736","repostId":"1133006870","repostType":2,"repost":{"id":"1133006870","pubTimestamp":1690200188,"share":"https://www.laohu8.com/m/news/1133006870?lang=&edition=full","pubTime":"2023-07-24 20:03","market":"sg","language":"en","title":"Keppel DC REIT Reports Stable 1HFY2023 DPU of 5.051 Cents","url":"https://stock-news.laohu8.com/highlight/detail?id=1133006870","media":"The Edge Singapore","summary":"The manager of Keppel DC REIT has reported a distribution per unit (DPU) of 5.051 cents for the 1HFY2023 ended June 30.The DPU for the latest six-month period is 0.04% higher than the DPU of 5.049 cen","content":"<html><head></head><body><p>The manager of Keppel DC REIT has reported a distribution per unit (DPU) of 5.051 cents for the 1HFY2023 ended June 30.</p><p style=\"text-align: start;\">The DPU for the latest six-month period is 0.04% higher than the DPU of 5.049 cents in the corresponding period the year before.</p><p style=\"text-align: start;\">For the 1HFY2023, distributable income rose by 0.2% y-o-y to $91.3 million. This was due mainly to contributions from the accretive acquisitions of Guangdong Data Centre 2 and building shell of Guangdong Data Centre 3. Guangdong Data Centre 2 was acquired in June 2022 while the acquisition of the building shell for Guangdong Data Centre 3 was completed in August 2022.</p><p style=\"text-align: start;\">Reversions from contract renewals and escalations, as well as tax savings from approvals obtained for the NetCo Bonds to be qualified as qualifying project debt securities also contributed to the higher distributable income.</p><p style=\"text-align: start;\">These were partly offset by higher finance costs from the refinanced loans and floating interest rates loans. Net lower contributions from some of the Singapore colocation assets due to higher facilities expenses, a lower government incentive sum for the REIT’s investments in Guangdong, and less favourable forex hedges also led to the lower growth in distributable income.</p><p style=\"text-align: start;\">Gross revenue for the 1HFY2023 rose by 3.6% y-o-y to $140.5 million while property expenses increased by 6.6% y-o-y to $13.1 million.</p><p>Accordingly, net property income (NPI) rose by 3.3% y-o-y to $127.4 million.</p><p style=\"text-align: start;\">As at June 30, the REIT’s portfolio occupancy stood at 98.5% while its weighted average lease expiry (WALE) stood at 8.0 years by lettable area.</p><p style=\"text-align: start;\">The total value of the REIT’s investment properties rose by 0.44% to $3.66 billion as at June 30, compared to Dec 31, 2022. Its aggregate leverage stood at 36.3% with 73% of its borrowings fixed through interest rate swaps as at June 30.</p><p>Cash and cash equivalents stood at $139.7 million as at June 30.</p><p style=\"text-align: start;\">Unitholders will receive their distributions on Sept 14.</p></body></html>","source":"lsy1655096814160","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Keppel DC REIT Reports Stable 1HFY2023 DPU of 5.051 Cents</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nKeppel DC REIT Reports Stable 1HFY2023 DPU of 5.051 Cents\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-07-24 20:03 GMT+8 <a href=https://www.theedgesingapore.com/capital/results/keppel-dc-reit-reports-stable-1hfy2023-dpu-5051-cents><strong>The Edge Singapore</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The manager of Keppel DC REIT has reported a distribution per unit (DPU) of 5.051 cents for the 1HFY2023 ended June 30.The DPU for the latest six-month period is 0.04% higher than the DPU of 5.049 ...</p>\n\n<a href=\"https://www.theedgesingapore.com/capital/results/keppel-dc-reit-reports-stable-1hfy2023-dpu-5051-cents\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AJBU.SI":"吉宝数据中心房地产信托"},"source_url":"https://www.theedgesingapore.com/capital/results/keppel-dc-reit-reports-stable-1hfy2023-dpu-5051-cents","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1133006870","content_text":"The manager of Keppel DC REIT has reported a distribution per unit (DPU) of 5.051 cents for the 1HFY2023 ended June 30.The DPU for the latest six-month period is 0.04% higher than the DPU of 5.049 cents in the corresponding period the year before.For the 1HFY2023, distributable income rose by 0.2% y-o-y to $91.3 million. This was due mainly to contributions from the accretive acquisitions of Guangdong Data Centre 2 and building shell of Guangdong Data Centre 3. Guangdong Data Centre 2 was acquired in June 2022 while the acquisition of the building shell for Guangdong Data Centre 3 was completed in August 2022.Reversions from contract renewals and escalations, as well as tax savings from approvals obtained for the NetCo Bonds to be qualified as qualifying project debt securities also contributed to the higher distributable income.These were partly offset by higher finance costs from the refinanced loans and floating interest rates loans. Net lower contributions from some of the Singapore colocation assets due to higher facilities expenses, a lower government incentive sum for the REIT’s investments in Guangdong, and less favourable forex hedges also led to the lower growth in distributable income.Gross revenue for the 1HFY2023 rose by 3.6% y-o-y to $140.5 million while property expenses increased by 6.6% y-o-y to $13.1 million.Accordingly, net property income (NPI) rose by 3.3% y-o-y to $127.4 million.As at June 30, the REIT’s portfolio occupancy stood at 98.5% while its weighted average lease expiry (WALE) stood at 8.0 years by lettable area.The total value of the REIT’s investment properties rose by 0.44% to $3.66 billion as at June 30, compared to Dec 31, 2022. Its aggregate leverage stood at 36.3% with 73% of its borrowings fixed through interest rate swaps as at June 30.Cash and cash equivalents stood at $139.7 million as at June 30.Unitholders will receive their distributions on Sept 14.","news_type":1},"isVote":1,"tweetType":1,"viewCount":135,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9970118073,"gmtCreate":1684149494192,"gmtModify":1684149497785,"author":{"id":"3557831813182222","authorId":"3557831813182222","name":"BotakGuy","avatar":"https://static.tigerbbs.com/f7a8a7afc7644e0f8f2635094f19c39d","crmLevel":5,"crmLevelSwitch":1},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/5VS.SI\">$HAFARY HOLDINGS LIMITED(5VS.SI)$ </a>Don't know much about this company. Only saw it when I was trying to do some renovation ","listText":"<a href=\"https://ttm.financial/S/5VS.SI\">$HAFARY HOLDINGS LIMITED(5VS.SI)$ </a>Don't know much about this company. Only saw it when I was trying to do some renovation ","text":"$HAFARY HOLDINGS LIMITED(5VS.SI)$ Don't know much about this company. Only saw it when I was trying to do some renovation","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9970118073","isVote":1,"tweetType":1,"viewCount":133,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":338648331,"gmtCreate":1609905222523,"gmtModify":1704980736054,"author":{"id":"3557831813182222","authorId":"3557831813182222","name":"BotakGuy","avatar":"https://static.tigerbbs.com/f7a8a7afc7644e0f8f2635094f19c39d","crmLevel":5,"crmLevelSwitch":1},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/Z74.SI\">$SINGTEL(Z74.SI)$</a> After winning the digital banking licence and with 5G coming up. SINGTEL will need to raise cash to invest in new infrastructure. Better to wait for rights issues to enter. ","listText":"<a href=\"https://laohu8.com/S/Z74.SI\">$SINGTEL(Z74.SI)$</a> After winning the digital banking licence and with 5G coming up. SINGTEL will need to raise cash to invest in new infrastructure. Better to wait for rights issues to enter. ","text":"$SINGTEL(Z74.SI)$ After winning the digital banking licence and with 5G coming up. SINGTEL will need to raise cash to invest in new infrastructure. Better to wait for rights issues to enter.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":6,"repostSize":0,"link":"https://ttm.financial/post/338648331","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3557831813182222","authorId":"3557831813182222","name":"BotakGuy","avatar":"https://static.tigerbbs.com/f7a8a7afc7644e0f8f2635094f19c39d","crmLevel":5,"crmLevelSwitch":1},"content":"depends on what you have in your current portfolio. I have diary farm, fraser, hour glass, capitaland in my sgx portfolio.","text":"depends on what you have in your current portfolio. I have diary farm, fraser, hour glass, capitaland in my sgx portfolio.","html":"depends on what you have in your current portfolio. I have diary farm, fraser, hour glass, capitaland in my sgx portfolio."}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9948547397,"gmtCreate":1680751460724,"gmtModify":1680751463241,"author":{"id":"3557831813182222","authorId":"3557831813182222","name":"BotakGuy","avatar":"https://static.tigerbbs.com/f7a8a7afc7644e0f8f2635094f19c39d","crmLevel":5,"crmLevelSwitch":1},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/D01.SI\">$DFIRG USD(D01.SI)$ </a>I been shopping at Cold Storage but stock price never help","listText":"<a href=\"https://ttm.financial/S/D01.SI\">$DFIRG USD(D01.SI)$ </a>I been shopping at Cold Storage but stock price never help","text":"$DFIRG USD(D01.SI)$ I been shopping at Cold Storage but stock price never help","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/9948547397","isVote":1,"tweetType":1,"viewCount":142,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"4107063207857540","authorId":"4107063207857540","name":"LuckyPiggie","avatar":"https://community-static.tradeup.com/news/33330ac1fe6d6c956e10045c870d6f46","crmLevel":6,"crmLevelSwitch":1},"content":"[LOL] [LOL] [LOL] please buy more items . [Tongue]","text":"[LOL] [LOL] [LOL] please buy more items . [Tongue]","html":"[LOL] [LOL] [LOL] please buy more items . [Tongue]"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9025426523,"gmtCreate":1653723255762,"gmtModify":1676535333837,"author":{"id":"3557831813182222","authorId":"3557831813182222","name":"BotakGuy","avatar":"https://static.tigerbbs.com/f7a8a7afc7644e0f8f2635094f19c39d","crmLevel":5,"crmLevelSwitch":1},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/BABA\">$Alibaba(BABA)$</a>Do you believe in the business and brand ? ","listText":"<a href=\"https://ttm.financial/S/BABA\">$Alibaba(BABA)$</a>Do you believe in the business and brand ? ","text":"$Alibaba(BABA)$Do you believe in the business and brand ?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9025426523","isVote":1,"tweetType":1,"viewCount":256,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3557831813182222","authorId":"3557831813182222","name":"BotakGuy","avatar":"https://static.tigerbbs.com/f7a8a7afc7644e0f8f2635094f19c39d","crmLevel":5,"crmLevelSwitch":1},"content":"Most people who got in at the peak is still looking ar close to 50% to hot even","text":"Most people who got in at the peak is still looking ar close to 50% to hot even","html":"Most people who got in at the peak is still looking ar close to 50% to hot even"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":193128967278704,"gmtCreate":1688180228211,"gmtModify":1688180232173,"author":{"id":"3557831813182222","authorId":"3557831813182222","name":"BotakGuy","avatar":"https://static.tigerbbs.com/f7a8a7afc7644e0f8f2635094f19c39d","crmLevel":5,"crmLevelSwitch":1},"themes":[],"htmlText":"Ok. Hope everyone portfolio also up by 30% and more","listText":"Ok. Hope everyone portfolio also up by 30% and more","text":"Ok. Hope everyone portfolio also up by 30% and more","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":14,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/193128967278704","repostId":"1141451297","repostType":2,"repost":{"id":"1141451297","weMediaInfo":{"introduction":"Market news in one chart.","home_visible":1,"media_name":"Tiger Chart","id":"1069054253","head_image":"https://community-static.tradeup.com/news/d1ccb633d15afc1500b6785ea81e223c"},"pubTimestamp":1688172941,"share":"https://www.laohu8.com/m/news/1141451297?lang=&edition=full","pubTime":"2023-07-01 08:55","market":"uk","language":"en","title":"Mid-Year Recap | Nasdaq Leads Major Indexes With a 31.7% Increase","url":"https://stock-news.laohu8.com/highlight/detail?id=1141451297","media":"Tiger Chart","summary":"For equity investors, returns this year have been steady, after a brutal 2022. The Nasdaq Composite has soared 31.73% this year as tech stocks gain optimism over artificial intelligence. Japan has bee","content":"<html><head></head><body><p>For equity investors, returns this year have been steady, after a brutal 2022. The Nasdaq Composite has soared 31.73% this year as tech stocks gain optimism over artificial intelligence. Japan has been the standout, with stocks there staging a world-beating rally. Nikkei 225 index surged 27.19% year-to-date.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1bb11453b1bb48cd86ea36bf7e936fa2\" tg-width=\"750\" tg-height=\"1917\"/></p><p>Optimism that the US central bank is approaching the end of its tightening campaign helped transform the technology-heavy gauge from 2022’s market underachiever to 2023’s champion. Some things haven’t changed much. High inflation and high interest rates are themes that have continued to dominate investor sentiment.</p><h3>S&P 500 Enters a Bull Market</h3><p>The S&P 500 has gained 15.91% this year, helping it recoup all of its plunge since the Fed kicked off its cycle of rate hikes in March 2022. The gauge is also up more than 20% from its Oct. 12 closing trough, leaving it above the threshold of what’s considered a bull market.</p><p>Of course, stocks have far surpassed Wall Street’s expectations for 2023. At the start of the year, strategists forecast that the S&P 500 would be flat this year.</p><p>Clearly, investors have a lot to digest as they ponder what lies ahead. They do, however, have some encouraging history to fall back on: A strong first half for the S&P 500 has typically led to another solid run in the remaining six months, according to data compiled by Bloomberg. </p><h3>Japan’s Back</h3><p>Japan roared back as the Topix index hit a 33-year high. The growing acceptance of inflation might be one factor driving the gains, along with signs of better corporate governance. The market is also still remarkably cheap, with a large numbers of companies trading below book value or with very high levels of net cash.</p><p>It’s no wonder then that Japanese shares are even getting Warren Buffett’s endorsement. Buffett said it added to stakes in Japan's five biggest trading houses to beyond 8%, a move likely to highlight and add to the momentum driving Japan's stock market to new heights.</p><p>Buffett's investments and his optimism about Japan's prospects have drawn attention to improving economic conditions and shareholder-friendly corporate governance reforms that have helped underpin a sparkling rally in the Nikkei share average.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Mid-Year Recap | Nasdaq Leads Major Indexes With a 31.7% Increase</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMid-Year Recap | Nasdaq Leads Major Indexes With a 31.7% Increase\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1069054253\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/d1ccb633d15afc1500b6785ea81e223c);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Chart </p>\n<p class=\"h-time\">2023-07-01 08:55</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>For equity investors, returns this year have been steady, after a brutal 2022. The Nasdaq Composite has soared 31.73% this year as tech stocks gain optimism over artificial intelligence. Japan has been the standout, with stocks there staging a world-beating rally. Nikkei 225 index surged 27.19% year-to-date.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1bb11453b1bb48cd86ea36bf7e936fa2\" tg-width=\"750\" tg-height=\"1917\"/></p><p>Optimism that the US central bank is approaching the end of its tightening campaign helped transform the technology-heavy gauge from 2022’s market underachiever to 2023’s champion. Some things haven’t changed much. High inflation and high interest rates are themes that have continued to dominate investor sentiment.</p><h3>S&P 500 Enters a Bull Market</h3><p>The S&P 500 has gained 15.91% this year, helping it recoup all of its plunge since the Fed kicked off its cycle of rate hikes in March 2022. The gauge is also up more than 20% from its Oct. 12 closing trough, leaving it above the threshold of what’s considered a bull market.</p><p>Of course, stocks have far surpassed Wall Street’s expectations for 2023. At the start of the year, strategists forecast that the S&P 500 would be flat this year.</p><p>Clearly, investors have a lot to digest as they ponder what lies ahead. They do, however, have some encouraging history to fall back on: A strong first half for the S&P 500 has typically led to another solid run in the remaining six months, according to data compiled by Bloomberg. </p><h3>Japan’s Back</h3><p>Japan roared back as the Topix index hit a 33-year high. The growing acceptance of inflation might be one factor driving the gains, along with signs of better corporate governance. The market is also still remarkably cheap, with a large numbers of companies trading below book value or with very high levels of net cash.</p><p>It’s no wonder then that Japanese shares are even getting Warren Buffett’s endorsement. Buffett said it added to stakes in Japan's five biggest trading houses to beyond 8%, a move likely to highlight and add to the momentum driving Japan's stock market to new heights.</p><p>Buffett's investments and his optimism about Japan's prospects have drawn attention to improving economic conditions and shareholder-friendly corporate governance reforms that have helped underpin a sparkling rally in the Nikkei share average.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index","HSI":"恒生指数","000001.SH":"上证指数","XJO.AU":"标普/澳交所 200指数",".DJI":"道琼斯",".IXIC":"NASDAQ Composite","STI.SI":"富时新加坡海峡指数"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1141451297","content_text":"For equity investors, returns this year have been steady, after a brutal 2022. The Nasdaq Composite has soared 31.73% this year as tech stocks gain optimism over artificial intelligence. Japan has been the standout, with stocks there staging a world-beating rally. Nikkei 225 index surged 27.19% year-to-date.Optimism that the US central bank is approaching the end of its tightening campaign helped transform the technology-heavy gauge from 2022’s market underachiever to 2023’s champion. Some things haven’t changed much. High inflation and high interest rates are themes that have continued to dominate investor sentiment.S&P 500 Enters a Bull MarketThe S&P 500 has gained 15.91% this year, helping it recoup all of its plunge since the Fed kicked off its cycle of rate hikes in March 2022. The gauge is also up more than 20% from its Oct. 12 closing trough, leaving it above the threshold of what’s considered a bull market.Of course, stocks have far surpassed Wall Street’s expectations for 2023. At the start of the year, strategists forecast that the S&P 500 would be flat this year.Clearly, investors have a lot to digest as they ponder what lies ahead. They do, however, have some encouraging history to fall back on: A strong first half for the S&P 500 has typically led to another solid run in the remaining six months, according to data compiled by Bloomberg. Japan’s BackJapan roared back as the Topix index hit a 33-year high. The growing acceptance of inflation might be one factor driving the gains, along with signs of better corporate governance. The market is also still remarkably cheap, with a large numbers of companies trading below book value or with very high levels of net cash.It’s no wonder then that Japanese shares are even getting Warren Buffett’s endorsement. Buffett said it added to stakes in Japan's five biggest trading houses to beyond 8%, a move likely to highlight and add to the momentum driving Japan's stock market to new heights.Buffett's investments and his optimism about Japan's prospects have drawn attention to improving economic conditions and shareholder-friendly corporate governance reforms that have helped underpin a sparkling rally in the Nikkei share average.","news_type":1},"isVote":1,"tweetType":1,"viewCount":162,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":317114406,"gmtCreate":1612427672405,"gmtModify":1704871006733,"author":{"id":"3557831813182222","authorId":"3557831813182222","name":"BotakGuy","avatar":"https://static.tigerbbs.com/f7a8a7afc7644e0f8f2635094f19c39d","crmLevel":5,"crmLevelSwitch":1},"themes":[],"htmlText":"<a target=\"_blank\" href=\"https://laohu8.com/S/J69U.SI\">$FRASERS CENTREPOINT TRUST(J69U.SI)$</a> look to pick up below 2.4x/. this will bring up my average price but is worth it.","listText":"<a target=\"_blank\" href=\"https://laohu8.com/S/J69U.SI\">$FRASERS CENTREPOINT TRUST(J69U.SI)$</a> look to pick up below 2.4x/. this will bring up my average price but is worth it.","text":"$FRASERS CENTREPOINT TRUST(J69U.SI)$ look to pick up below 2.4x/. this will bring up my average price but is worth it.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/317114406","isVote":1,"tweetType":1,"viewCount":319,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3557831813182222","authorId":"3557831813182222","name":"BotakGuy","avatar":"https://static.tigerbbs.com/f7a8a7afc7644e0f8f2635094f19c39d","crmLevel":5,"crmLevelSwitch":1},"content":"another long term pick for recovery.","text":"another long term pick for recovery.","html":"another long term pick for recovery."}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":259063927382256,"gmtCreate":1704260505774,"gmtModify":1704260508611,"author":{"id":"3557831813182222","authorId":"3557831813182222","name":"BotakGuy","avatar":"https://static.tigerbbs.com/f7a8a7afc7644e0f8f2635094f19c39d","crmLevel":5,"crmLevelSwitch":1},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/DXQW.SI\">$Alibaba 5xShortSG240411(DXQW.SI)$ </a>Using this to hedge my long position. ","listText":"<a href=\"https://ttm.financial/S/DXQW.SI\">$Alibaba 5xShortSG240411(DXQW.SI)$ </a>Using this to hedge my long position. ","text":"$Alibaba 5xShortSG240411(DXQW.SI)$ Using this to hedge my long position.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/259063927382256","isVote":1,"tweetType":1,"viewCount":87,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":183089525514304,"gmtCreate":1685720758570,"gmtModify":1685720763946,"author":{"id":"3557831813182222","authorId":"3557831813182222","name":"BotakGuy","avatar":"https://static.tigerbbs.com/f7a8a7afc7644e0f8f2635094f19c39d","crmLevel":5,"crmLevelSwitch":1},"themes":[],"htmlText":"I covered my short position in amc ","listText":"I covered my short position in amc ","text":"I covered my short position in amc","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":12,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/183089525514304","repostId":"2340240566","repostType":2,"repost":{"id":"2340240566","pubTimestamp":1685719446,"share":"https://www.laohu8.com/m/news/2340240566?lang=&edition=full","pubTime":"2023-06-02 23:24","market":"us","language":"en","title":"5 Meme Stocks to Sell Immediately","url":"https://stock-news.laohu8.com/highlight/detail?id=2340240566","media":"InvestorPlace","summary":"When I needed a new vacuum cleaner last month, I knew exactly where to go:Bed Bath & Beyond (OTCMKTS","content":"<html><head></head><body><p>When I needed a new vacuum cleaner last month, I knew exactly where to go:</p><p><strong>Bed Bath & Beyond</strong> (OTCMKTS:<strong>BBBYQ</strong>).</p><p>The New Jersey-based retailer, which filed for Chapter 11 on April 23, had been on bankruptcy watch since February when creditors and suppliers began yanking liquidity. We’d all seen this story before, and InvestorPlace.com writer Thomas Niel pulled no punches in an analysis a couple of weeks before BBBY’s bankruptcy filing.</p><p>Time to use those expiring coupons!</p><p>At the time, many retail investors seemed entirely caught off guard. Meme investors were still buying until the very end, and some are still holding on.</p><p>“I think that Bed Bath & Beyond, even in bankruptcy, is one of the best deals in the stock market,” one 25-year-old investor said in an interview with <em>The Wall Street Journal</em> earlier this month. The newspaper noted how many BBBY investors remain committed, even as shares moved onto the over-the-counter (OTC) exchange.</p><p>Nevertheless, we’ve begun noticing a shift away from meme stocks and iffy cryptos. Our editor’s inbox has seen an uptick in readers thanking us for bearish takes (a rarity!), and articles like Omor Ibne Ehsan’s “3 Cryptos to Sell in May and Go Away” have received heavy readership. It’s a clear sign that the bottom is finally falling out of the meme stock frenzy.</p><p>We know you probably haven’t bought these speculative stocks before… and that you likely never will. But in case you have, here are five meme stocks to sell while you still can.</p><h2>1. <a href=\"https://laohu8.com/S/MULN\">Mullen Automotive</a> (MULN): A Meme Stock Collapses</h2><p>In January, I wrote how electric vehicle startup <strong>Mullen Automotive</strong> (NASDAQ: <strong>MULN</strong>) had become the new Dogecoin (<strong><u>DOGE-USD</u></strong>) with none of the fun. Fans of the zero-revenue company seemed more interested in proving how right they were about the stock than making money.</p><p>It took a 1-for-25 reverse stock split on May 4 for others to feel the same way. Suddenly, former fanatics began realizing that management seemed more committed to enriching insiders than rewarding external shareholders. For many, the reverse split turned out to be the last straw.</p><p>InvestorPlace.com Assistant News Writer Eddie Pan has been carefully documenting the precipitous fall in Mullen’s share price. David Moadel has also recently published a piece warning investors to get out immediately. As the world’s top meme stock continues to drown in dilutive stock, don’t be surprised if the firm declares bankruptcy sooner than expected.</p><h2>2. Plug Power (PLUG): Trying New Tactics</h2><p>Shares of once-promising <strong>Plug Power</strong> (NASDAQ: <strong>PLUG</strong>) have fallen by a third this year as competition heats up in the green energy space. As Louis Navellier and his team noted earlier this month for InvestorPlace.com:</p><blockquote>Let’s be frank about this. There are plenty of businesses out there already, including some publicly traded ones, that are already in the EV charging business. Plug Power won’t be a first, second or third mover in this highly competitive field.</blockquote><p>Essentially, Plug Power’s hydrogen fuel cell technology is quickly falling behind lithium-ion technologies. Attempts to escape into EV charging expose the firm to competition from better-funded rivals.</p><p>Retail investors are also beginning to abandon the stock. According to data from Fintel, the estimated share of retail investors has fallen by a third since October. Shares are down 30% since January, and Louis continues to warn investors to stay away.</p><h2>3. Lordstown Motors (RIDE): A Slow Flameout</h2><p>Often, meme stock investors stick around for longer than you might expect.</p><p>In 2020, as we reported at InvestorPlace.com, the Ohio-based <strong>Lordstown Motors</strong> (NASDAQ: <strong>RIDE</strong>) looked ready to fall to $0. The electric pickup startup was using inflated figures to hide the lack of any meaningful preorders and was “selling pickups to Wall Street instead of Main Street.” The short sellers at <strong>Hindenburg Research</strong> would publish a similar critique four months later.</p><p>It would take another two years for RIDE shares to sink below $1, which happened this March. And then, things got even worse. By May, shares had collapsed to 28 cents, forcing the firm to reverse-split its shares. The acceleration of Lordstown’s fall has been closely documented by William White at InvestorPlace.com.</p><p>Recent market data from Fintel shows us that available shares for sorting have fallen to near zero as short sellers outnumber buyers. History tells us these events are highly bearish signs, and retail investors are, for once, beginning to listen.</p><h2>4. Pepe Coin (PEPE-USD): Mixing Memes and Madness</h2><p>In early May, prices of meme cryptocurrency <strong>Pepe Coin</strong> (<strong>PEPE-USD</strong>) rose 20-fold on speculative purchasing. Its unrelated BRC-20 token would see even greater percentage gains.</p><p>But as we know… easy come, easy go.</p><p>Omor Ibne Ehsan was quick to document at InvestorPlace.com how meme coins – especially Pepe – “are not worth it, especially not near their peak.”</p><blockquote>I’ve seen this story before with other meme coins. Dogecoin, the original dog-themed meme coin, has crashed over 88% since its peak. <strong>Apecoin</strong> (<strong>APE-USD</strong>), another meme coin that I warned about a few months after its launch, has virtually stopped being relevant after dropping 91.5%-plus from its all-time high. Pepe is a sell, as it offers no long-term potential and is likely to keep sliding downwards.</blockquote><p>Interest in meme coins has continued to sputter, suggesting Pepe Coin will continue to fall. Full turnover of the meme coin’s market capitalization now takes around four days, up from 20 hours earlier this month. Ethereum transaction fees – which spiked in early May on speculative meme coin trading – are down 50%.</p><p>To most investors, Pepe would seem like an obvious dud. But with a $500 million market capitalization, there’s surely more downside to be had.</p><h2>5. AMC (AMC): Dethroning the King of the Apes</h2><p>Finally, retail investors are beginning to lose interest in <strong>AMC Entertainment</strong> (NYSE: <strong>AMC</strong>), one of the biggest meme stocks of all. The cinema chain has seen a rapid decline in retail ownership this year, as noted by Fintel. Estimated retail ownership has declined by about 50% since December and is 70% lower than it was this time last year.</p><p>Over at InvestorPlace.com, David Moadel and Eddie Pan have also been documenting sales by institutional investors. Recent filings reveal that <strong>Bridgewater Associates</strong> sold its entire AMC position during this year’s first quarter, while Antara Capital dumped 2 million units of <strong>AMC Preferred Equity Units</strong> (NYSE: <strong><u>APE</u></strong>).</p><p>One major cause is the upcoming merge between AMC’s common stock with its APE preferred shares. The dilutive event has been stalled by Delaware courts, leaving fundraising efforts in limbo.</p><p>This will leave America’s largest theater chain with limited cash in the near term. The company is already down to $496 million in liquidity, down from $1.2 billion last June. Unless the firm can raise fresh equity capital soon, CEO Adam Aron will be forced to turn back to the debt markets that almost sank the firm once before.</p><p>Investors once hoped that AMC could consolidate the industry and become a rare meme-stock success story. Waning interest from primate-themed investors is now throwing that into question.</p><h2>The School of Hard Knocks</h2><p>Every experienced investor will have a story of their worst investment. Warren Buffett himself admitted in 2007 that his investment in no-moat Dexter Shoes was an utter disaster.</p><blockquote>I’ll make more mistakes in the future – you can bet on that. A line from Bobby Bare’s country song explains what too often happens with acquisitions: “I’ve never gone to bed with an ugly woman, but I’ve sure woke up with a few.”</blockquote><p>Nevertheless, top investors all learn from their mistakes. Buffett now rarely uses <strong>Berkshire Hathaway </strong>(NYSE: <strong><u>BRK-A</u></strong>, NYSE:<strong><u>BRK-B</u></strong>) stock to fund deals, knowing these stock-for-stock deals will compound any problems.</p><p>After more than two years of meme madness, retail investors also finally seem to be learning from their mistakes. Turnover and ownership in these speculative assets are down 50% or more, and we have noticed a clear change in sentiment from our readers.</p><p>It’s surely been an expensive lesson. Companies like Bed Bath & Beyond destroyed billions of shareholder value toward the end of their existence. But all experienced investors know that the School of Hard Knocks never comes cheap.</p></body></html>","source":"investorplace","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>5 Meme Stocks to Sell Immediately</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n5 Meme Stocks to Sell Immediately\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-06-02 23:24 GMT+8 <a href=https://investorplace.com/2023/05/5-meme-stocks-to-sell-immediately/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>When I needed a new vacuum cleaner last month, I knew exactly where to go:Bed Bath & Beyond (OTCMKTS:BBBYQ).The New Jersey-based retailer, which filed for Chapter 11 on April 23, had been on ...</p>\n\n<a href=\"https://investorplace.com/2023/05/5-meme-stocks-to-sell-immediately/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MULN":"Mullen Automotive","AMC":"AMC院线","PLUG":"普拉格能源"},"source_url":"https://investorplace.com/2023/05/5-meme-stocks-to-sell-immediately/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2340240566","content_text":"When I needed a new vacuum cleaner last month, I knew exactly where to go:Bed Bath & Beyond (OTCMKTS:BBBYQ).The New Jersey-based retailer, which filed for Chapter 11 on April 23, had been on bankruptcy watch since February when creditors and suppliers began yanking liquidity. We’d all seen this story before, and InvestorPlace.com writer Thomas Niel pulled no punches in an analysis a couple of weeks before BBBY’s bankruptcy filing.Time to use those expiring coupons!At the time, many retail investors seemed entirely caught off guard. Meme investors were still buying until the very end, and some are still holding on.“I think that Bed Bath & Beyond, even in bankruptcy, is one of the best deals in the stock market,” one 25-year-old investor said in an interview with The Wall Street Journal earlier this month. The newspaper noted how many BBBY investors remain committed, even as shares moved onto the over-the-counter (OTC) exchange.Nevertheless, we’ve begun noticing a shift away from meme stocks and iffy cryptos. Our editor’s inbox has seen an uptick in readers thanking us for bearish takes (a rarity!), and articles like Omor Ibne Ehsan’s “3 Cryptos to Sell in May and Go Away” have received heavy readership. It’s a clear sign that the bottom is finally falling out of the meme stock frenzy.We know you probably haven’t bought these speculative stocks before… and that you likely never will. But in case you have, here are five meme stocks to sell while you still can.1. Mullen Automotive (MULN): A Meme Stock CollapsesIn January, I wrote how electric vehicle startup Mullen Automotive (NASDAQ: MULN) had become the new Dogecoin (DOGE-USD) with none of the fun. Fans of the zero-revenue company seemed more interested in proving how right they were about the stock than making money.It took a 1-for-25 reverse stock split on May 4 for others to feel the same way. Suddenly, former fanatics began realizing that management seemed more committed to enriching insiders than rewarding external shareholders. For many, the reverse split turned out to be the last straw.InvestorPlace.com Assistant News Writer Eddie Pan has been carefully documenting the precipitous fall in Mullen’s share price. David Moadel has also recently published a piece warning investors to get out immediately. As the world’s top meme stock continues to drown in dilutive stock, don’t be surprised if the firm declares bankruptcy sooner than expected.2. Plug Power (PLUG): Trying New TacticsShares of once-promising Plug Power (NASDAQ: PLUG) have fallen by a third this year as competition heats up in the green energy space. As Louis Navellier and his team noted earlier this month for InvestorPlace.com:Let’s be frank about this. There are plenty of businesses out there already, including some publicly traded ones, that are already in the EV charging business. Plug Power won’t be a first, second or third mover in this highly competitive field.Essentially, Plug Power’s hydrogen fuel cell technology is quickly falling behind lithium-ion technologies. Attempts to escape into EV charging expose the firm to competition from better-funded rivals.Retail investors are also beginning to abandon the stock. According to data from Fintel, the estimated share of retail investors has fallen by a third since October. Shares are down 30% since January, and Louis continues to warn investors to stay away.3. Lordstown Motors (RIDE): A Slow FlameoutOften, meme stock investors stick around for longer than you might expect.In 2020, as we reported at InvestorPlace.com, the Ohio-based Lordstown Motors (NASDAQ: RIDE) looked ready to fall to $0. The electric pickup startup was using inflated figures to hide the lack of any meaningful preorders and was “selling pickups to Wall Street instead of Main Street.” The short sellers at Hindenburg Research would publish a similar critique four months later.It would take another two years for RIDE shares to sink below $1, which happened this March. And then, things got even worse. By May, shares had collapsed to 28 cents, forcing the firm to reverse-split its shares. The acceleration of Lordstown’s fall has been closely documented by William White at InvestorPlace.com.Recent market data from Fintel shows us that available shares for sorting have fallen to near zero as short sellers outnumber buyers. History tells us these events are highly bearish signs, and retail investors are, for once, beginning to listen.4. Pepe Coin (PEPE-USD): Mixing Memes and MadnessIn early May, prices of meme cryptocurrency Pepe Coin (PEPE-USD) rose 20-fold on speculative purchasing. Its unrelated BRC-20 token would see even greater percentage gains.But as we know… easy come, easy go.Omor Ibne Ehsan was quick to document at InvestorPlace.com how meme coins – especially Pepe – “are not worth it, especially not near their peak.”I’ve seen this story before with other meme coins. Dogecoin, the original dog-themed meme coin, has crashed over 88% since its peak. Apecoin (APE-USD), another meme coin that I warned about a few months after its launch, has virtually stopped being relevant after dropping 91.5%-plus from its all-time high. Pepe is a sell, as it offers no long-term potential and is likely to keep sliding downwards.Interest in meme coins has continued to sputter, suggesting Pepe Coin will continue to fall. Full turnover of the meme coin’s market capitalization now takes around four days, up from 20 hours earlier this month. Ethereum transaction fees – which spiked in early May on speculative meme coin trading – are down 50%.To most investors, Pepe would seem like an obvious dud. But with a $500 million market capitalization, there’s surely more downside to be had.5. AMC (AMC): Dethroning the King of the ApesFinally, retail investors are beginning to lose interest in AMC Entertainment (NYSE: AMC), one of the biggest meme stocks of all. The cinema chain has seen a rapid decline in retail ownership this year, as noted by Fintel. Estimated retail ownership has declined by about 50% since December and is 70% lower than it was this time last year.Over at InvestorPlace.com, David Moadel and Eddie Pan have also been documenting sales by institutional investors. Recent filings reveal that Bridgewater Associates sold its entire AMC position during this year’s first quarter, while Antara Capital dumped 2 million units of AMC Preferred Equity Units (NYSE: APE).One major cause is the upcoming merge between AMC’s common stock with its APE preferred shares. The dilutive event has been stalled by Delaware courts, leaving fundraising efforts in limbo.This will leave America’s largest theater chain with limited cash in the near term. The company is already down to $496 million in liquidity, down from $1.2 billion last June. Unless the firm can raise fresh equity capital soon, CEO Adam Aron will be forced to turn back to the debt markets that almost sank the firm once before.Investors once hoped that AMC could consolidate the industry and become a rare meme-stock success story. Waning interest from primate-themed investors is now throwing that into question.The School of Hard KnocksEvery experienced investor will have a story of their worst investment. Warren Buffett himself admitted in 2007 that his investment in no-moat Dexter Shoes was an utter disaster.I’ll make more mistakes in the future – you can bet on that. A line from Bobby Bare’s country song explains what too often happens with acquisitions: “I’ve never gone to bed with an ugly woman, but I’ve sure woke up with a few.”Nevertheless, top investors all learn from their mistakes. Buffett now rarely uses Berkshire Hathaway (NYSE: BRK-A, NYSE:BRK-B) stock to fund deals, knowing these stock-for-stock deals will compound any problems.After more than two years of meme madness, retail investors also finally seem to be learning from their mistakes. Turnover and ownership in these speculative assets are down 50% or more, and we have noticed a clear change in sentiment from our readers.It’s surely been an expensive lesson. Companies like Bed Bath & Beyond destroyed billions of shareholder value toward the end of their existence. But all experienced investors know that the School of Hard Knocks never comes cheap.","news_type":1},"isVote":1,"tweetType":1,"viewCount":87,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9970887247,"gmtCreate":1684280729390,"gmtModify":1684280733150,"author":{"id":"3557831813182222","authorId":"3557831813182222","name":"BotakGuy","avatar":"https://static.tigerbbs.com/f7a8a7afc7644e0f8f2635094f19c39d","crmLevel":5,"crmLevelSwitch":1},"themes":[],"htmlText":"De link ! ","listText":"De link ! ","text":"De link !","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9970887247","repostId":"2336338698","repostType":2,"repost":{"id":"2336338698","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1684268317,"share":"https://www.laohu8.com/m/news/2336338698?lang=&edition=full","pubTime":"2023-05-17 04:18","market":"us","language":"en","title":"Wall Street Closes Lower After Home Depot Outlook, US Retail Sales","url":"https://stock-news.laohu8.com/highlight/detail?id=2336338698","media":"Reuters","summary":"U.S. stock indexes closed lower on Tuesday after a disappointing forecast from Home Depot and U.S. r","content":"<html><head></head><body><p>U.S. stock indexes closed lower on Tuesday after a disappointing forecast from Home Depot and U.S. retail sales data for April pointed to softer consumer spending, while uncertainty about interest rates and debt limit negotiations weighed on sentiment.</p><p>Home Depot declined 2.15% as one of the biggest drag on both the Dow Industrials and S&P 500 after the home improvement retailer cut its annual sales forecast and projected a steeper-than-expected decline in profit. Shares of peer Lowe's Companies Inc fell 1.16%.</p><p>"You can argue that people are tired of spending on the house, they want experiences, they want to go out they want to do other things, they don’t want to fix up the house according to Home Depot, because they had horrendous earnings," said Ken Polcari, managing partner at Kace Capital Advisors in Boca Raton, Florida.</p><p>The Commerce Department reported retail sales rose 0.4% in April, short of the estimate for an increase of 0.8%. But core retail sales rebounded, a figure excluding automobiles, gasoline, building materials and food services.</p><p>"There is a sense that people are starting to get a little bit more sensitive to the Fed being successful and this ongoing drama of the debt ceiling is causing angst."</p><p>The Dow Jones Industrial Average fell 336.46 points, or 1.01%, to 33,012.14, the S&P 500 lost 26.38 points, or 0.64%, to 4,109.9 and the Nasdaq Composite dipped 22.16 points, or 0.18%, to 12,343.05.</p><p>Recent data has indicated slowing in the U.S. economy following a string of rate hikes by the Federal Reserve to fight high inflation. That slowing along with recent negotiations over the U.S. debt ceiling has focused attention on when the central bank will pause hiking, or cut interest rates.</p><p>While the market is currently pricing in a rate hike by the end of the year, recent comments from Fed officials suggested they are not ready to cut rates soon.</p><p>Richmond Fed President Thomas Barkin said he was "comfortable" with raising interest rates further if needed, but liked the "optionality" implied in the latest policy statement.</p><p>Cleveland Fed President Loretta Mester said she does not think the central bank can hold interest rates steady yet.</p><p>Lawmakers held a new round of talks about raising the debt ceiling. The Treasury Department has warned it could run out of money as soon as June 1 without a deal, which would trigger a default and likely cause a sharp economic slump.</p><p>Horizon Therapeutics tumbled 14.17% as the Federal Trade Commission said it would file a lawsuit to block Amgen Inc's $27.8 billion deal to buy the company. Shares of Amgen fell 2.42%.</p><p>The decline in both stocks weighed on the Nasdaq Biotech Index , which closed at a three-week low after dropping 2.44%, its biggest one-day percentage decline in three months.</p><p>Shares of $Capital One Financial Corp(COF-N)$ climbed 2.05% the day after Berkshire Hathaway Inc disclosed it had taken a stake of nearly $1 billion in the stock.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 4.05-to-1 ratio; on Nasdaq, a 2.28-to-1 ratio favored decliners.</p><p>The S&P 500 posted 12 new 52-week highs and 13 new lows; the Nasdaq Composite recorded 47 new highs and 188 new lows.</p><p>Volume on U.S. exchanges was 9.36 billion shares, compared with the 10.58 billion average for the full session over the last 20 trading days.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6ed54d319a7d6ca8841aa3cc378ef1b3\" tg-width=\"1080\" tg-height=\"1920\"/></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Wall Street Closes Lower After Home Depot Outlook, US Retail Sales</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWall Street Closes Lower After Home Depot Outlook, US Retail Sales\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2023-05-17 04:18</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>U.S. stock indexes closed lower on Tuesday after a disappointing forecast from Home Depot and U.S. retail sales data for April pointed to softer consumer spending, while uncertainty about interest rates and debt limit negotiations weighed on sentiment.</p><p>Home Depot declined 2.15% as one of the biggest drag on both the Dow Industrials and S&P 500 after the home improvement retailer cut its annual sales forecast and projected a steeper-than-expected decline in profit. Shares of peer Lowe's Companies Inc fell 1.16%.</p><p>"You can argue that people are tired of spending on the house, they want experiences, they want to go out they want to do other things, they don’t want to fix up the house according to Home Depot, because they had horrendous earnings," said Ken Polcari, managing partner at Kace Capital Advisors in Boca Raton, Florida.</p><p>The Commerce Department reported retail sales rose 0.4% in April, short of the estimate for an increase of 0.8%. But core retail sales rebounded, a figure excluding automobiles, gasoline, building materials and food services.</p><p>"There is a sense that people are starting to get a little bit more sensitive to the Fed being successful and this ongoing drama of the debt ceiling is causing angst."</p><p>The Dow Jones Industrial Average fell 336.46 points, or 1.01%, to 33,012.14, the S&P 500 lost 26.38 points, or 0.64%, to 4,109.9 and the Nasdaq Composite dipped 22.16 points, or 0.18%, to 12,343.05.</p><p>Recent data has indicated slowing in the U.S. economy following a string of rate hikes by the Federal Reserve to fight high inflation. That slowing along with recent negotiations over the U.S. debt ceiling has focused attention on when the central bank will pause hiking, or cut interest rates.</p><p>While the market is currently pricing in a rate hike by the end of the year, recent comments from Fed officials suggested they are not ready to cut rates soon.</p><p>Richmond Fed President Thomas Barkin said he was "comfortable" with raising interest rates further if needed, but liked the "optionality" implied in the latest policy statement.</p><p>Cleveland Fed President Loretta Mester said she does not think the central bank can hold interest rates steady yet.</p><p>Lawmakers held a new round of talks about raising the debt ceiling. The Treasury Department has warned it could run out of money as soon as June 1 without a deal, which would trigger a default and likely cause a sharp economic slump.</p><p>Horizon Therapeutics tumbled 14.17% as the Federal Trade Commission said it would file a lawsuit to block Amgen Inc's $27.8 billion deal to buy the company. Shares of Amgen fell 2.42%.</p><p>The decline in both stocks weighed on the Nasdaq Biotech Index , which closed at a three-week low after dropping 2.44%, its biggest one-day percentage decline in three months.</p><p>Shares of $Capital One Financial Corp(COF-N)$ climbed 2.05% the day after Berkshire Hathaway Inc disclosed it had taken a stake of nearly $1 billion in the stock.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 4.05-to-1 ratio; on Nasdaq, a 2.28-to-1 ratio favored decliners.</p><p>The S&P 500 posted 12 new 52-week highs and 13 new lows; the Nasdaq Composite recorded 47 new highs and 188 new lows.</p><p>Volume on U.S. exchanges was 9.36 billion shares, compared with the 10.58 billion average for the full session over the last 20 trading days.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6ed54d319a7d6ca8841aa3cc378ef1b3\" tg-width=\"1080\" tg-height=\"1920\"/></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMGN":"安进","HD":"家得宝",".DJI":"道琼斯","LOW":"劳氏",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index","HZNP":"Horizon Pharma","COF":"第一资本"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2336338698","content_text":"U.S. stock indexes closed lower on Tuesday after a disappointing forecast from Home Depot and U.S. retail sales data for April pointed to softer consumer spending, while uncertainty about interest rates and debt limit negotiations weighed on sentiment.Home Depot declined 2.15% as one of the biggest drag on both the Dow Industrials and S&P 500 after the home improvement retailer cut its annual sales forecast and projected a steeper-than-expected decline in profit. Shares of peer Lowe's Companies Inc fell 1.16%.\"You can argue that people are tired of spending on the house, they want experiences, they want to go out they want to do other things, they don’t want to fix up the house according to Home Depot, because they had horrendous earnings,\" said Ken Polcari, managing partner at Kace Capital Advisors in Boca Raton, Florida.The Commerce Department reported retail sales rose 0.4% in April, short of the estimate for an increase of 0.8%. But core retail sales rebounded, a figure excluding automobiles, gasoline, building materials and food services.\"There is a sense that people are starting to get a little bit more sensitive to the Fed being successful and this ongoing drama of the debt ceiling is causing angst.\"The Dow Jones Industrial Average fell 336.46 points, or 1.01%, to 33,012.14, the S&P 500 lost 26.38 points, or 0.64%, to 4,109.9 and the Nasdaq Composite dipped 22.16 points, or 0.18%, to 12,343.05.Recent data has indicated slowing in the U.S. economy following a string of rate hikes by the Federal Reserve to fight high inflation. That slowing along with recent negotiations over the U.S. debt ceiling has focused attention on when the central bank will pause hiking, or cut interest rates.While the market is currently pricing in a rate hike by the end of the year, recent comments from Fed officials suggested they are not ready to cut rates soon.Richmond Fed President Thomas Barkin said he was \"comfortable\" with raising interest rates further if needed, but liked the \"optionality\" implied in the latest policy statement.Cleveland Fed President Loretta Mester said she does not think the central bank can hold interest rates steady yet.Lawmakers held a new round of talks about raising the debt ceiling. The Treasury Department has warned it could run out of money as soon as June 1 without a deal, which would trigger a default and likely cause a sharp economic slump.Horizon Therapeutics tumbled 14.17% as the Federal Trade Commission said it would file a lawsuit to block Amgen Inc's $27.8 billion deal to buy the company. Shares of Amgen fell 2.42%.The decline in both stocks weighed on the Nasdaq Biotech Index , which closed at a three-week low after dropping 2.44%, its biggest one-day percentage decline in three months.Shares of $Capital One Financial Corp(COF-N)$ climbed 2.05% the day after Berkshire Hathaway Inc disclosed it had taken a stake of nearly $1 billion in the stock.Declining issues outnumbered advancing ones on the NYSE by a 4.05-to-1 ratio; on Nasdaq, a 2.28-to-1 ratio favored decliners.The S&P 500 posted 12 new 52-week highs and 13 new lows; the Nasdaq Composite recorded 47 new highs and 188 new lows.Volume on U.S. exchanges was 9.36 billion shares, compared with the 10.58 billion average for the full session over the last 20 trading days.","news_type":1},"isVote":1,"tweetType":1,"viewCount":126,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9029868885,"gmtCreate":1652754654947,"gmtModify":1676535155724,"author":{"id":"3557831813182222","authorId":"3557831813182222","name":"BotakGuy","avatar":"https://static.tigerbbs.com/f7a8a7afc7644e0f8f2635094f19c39d","crmLevel":5,"crmLevelSwitch":1},"themes":[],"htmlText":"Still richer than the average Singaporean lol 😂 ","listText":"Still richer than the average Singaporean lol 😂 ","text":"Still richer than the average Singaporean lol 😂","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9029868885","repostId":"1106707720","repostType":2,"repost":{"id":"1106707720","pubTimestamp":1652752978,"share":"https://www.laohu8.com/m/news/1106707720?lang=&edition=full","pubTime":"2022-05-17 10:02","market":"us","language":"en","title":"One-Time Richest Singapore Tycoon Has Lost 80% of His Fortune","url":"https://stock-news.laohu8.com/highlight/detail?id=1106707720","media":"Bloomberg","summary":"Forrest Li is no longer among the world’s 500 richest peopleCompany will post a record quarterly los","content":"<html><head></head><body><ul><li>Forrest Li is no longer among the world’s 500 richest people</li><li>Company will post a record quarterly loss, analysts estimate</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/31131a2e8248c8dba0a1caeb5f0669e2\" tg-width=\"1000\" tg-height=\"667\" width=\"100%\" height=\"auto\"/><span>Forrest LiPhotographer: Wei Leng Tay/Bloomberg</span></p><p>Just a few months ago, Forrest Li had a $22 billion fortune and was the richest person in Singapore. Now he’s emerging as one of the biggest losers from a market crash that’s wiped more than $1 trillion from the net worth of the world’s 500 richest people this year.</p><p>It’s been a litany of unfortunate events for the Sea Ltd. founder: The tech selloff, the shutdown of its main e-commerce operation in India and disappointing earnings have tanked the company’s American depository receipts more than 80% from a peak in October. He’s still rich -- worth $4.7 billion, according to the Bloomberg Billionaires Index -- but no longer enough to make the cutoff for the top 500 on the planet.</p><p>Traders are preparing for more bad news. The company, which is scheduled to report first-quarter earnings later Tuesday, is expected to post a record loss of more than $740 million, according to the average analyst estimate compiled by Bloomberg. Sea’s net loss had already widened in the final three months of last year as the firm sped up its expansion.</p><p>The downfall showcases the vulnerability of the quick wealth creation from the early stages of the Covid-19 pandemic -- when tech giants benefited from greater demand for their services such as Sea’s e-commerce and gaming. Higher interest rates and the tensions surrounding the war in Ukraine are further hurting growth stocks.</p><p>“Sea is going to see increasing challenges in 2022,” said Shawn Yang, managing director at Blue Lotus Capital, an independent equity research firm in Hong Kong that cut the stock’s target price to $105 from $180 on May 10.</p><p>The company’s e-commerce sales, its main source of revenue, could come short of its annual guidance of $8.9 billion to $9.1 billion as it faces intensifying competition from rivals including Alibaba Group Holding Ltd. and as consumers return to offline stores with the easing of Covid restrictions, Yang said.</p><p>A Sea representative declined to comment for this story.</p><p>Beyond Li, many tech entrepreneurs who saw their wealth rise on the back of the pandemic-induced growth are being hit hard by the market selloff. Eric Yuan, chief executive officer of Zoom Video Communications Inc., has lost $4.4 billion of wealth this year, while the fortune of Amazon.com Inc.’s Jeff Bezos, the world’s second-richest person, is down almost $58 billion. Ernie Garcia II and Ernie Garcia III, the father-son duo that runs used-car company Carvana Co., have shed $15 billion combined.</p><p>Sea’s valuation collapse prompted the usually low-profile Li to reach out to his employees in March. In a 900-word internal memo, he told them not to fear and that while the drop is painful, “this is short-term pain that we have to endure to truly maximize our long-term potential.”</p><p><img src=\"https://static.tigerbbs.com/643ef80f3b555d998c98ae57832874fa\" tg-width=\"930\" tg-height=\"523\" width=\"100%\" height=\"auto\"/></p><p>Analysts generally remain optimistic about Sea’s future even though the stock fell to a two-year low earlier this month. Of the 38 analysts tracked by Bloomberg covering it, 34 recommend buying it. The company’s valuation may begin to rebound as prospects improve with its geographical expansion, according to Nathan Naidu, an analyst with Bloomberg Intelligence.</p><p>For now, though, the shares remain volatile. After a 32% rebound amid a tech rally in the last two days of last week, they dropped 6.7% Monday. Gang Ye, one of the other company founders, has lost $4.3 billion in wealth this year, while David Chen is no longer a billionaire.</p><p>“In the current economic environment, the level of anxiety about the effects of anticipated rate hikes by the Fed, along with rising inflation and impact from the Russian - Ukraine war just aren’t good for risky assets such as tech stocks,” BI’s Naidu said.</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>One-Time Richest Singapore Tycoon Has Lost 80% of His Fortune</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nOne-Time Richest Singapore Tycoon Has Lost 80% of His Fortune\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-05-17 10:02 GMT+8 <a href=https://www.bloomberg.com/news/articles/2022-05-16/sea-founder-loses-17-billion-in-one-of-tech-s-biggest-wipeouts?srnd=markets-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Forrest Li is no longer among the world’s 500 richest peopleCompany will post a record quarterly loss, analysts estimateForrest LiPhotographer: Wei Leng Tay/BloombergJust a few months ago, Forrest Li ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-05-16/sea-founder-loses-17-billion-in-one-of-tech-s-biggest-wipeouts?srnd=markets-vp\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SE":"Sea Ltd"},"source_url":"https://www.bloomberg.com/news/articles/2022-05-16/sea-founder-loses-17-billion-in-one-of-tech-s-biggest-wipeouts?srnd=markets-vp","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1106707720","content_text":"Forrest Li is no longer among the world’s 500 richest peopleCompany will post a record quarterly loss, analysts estimateForrest LiPhotographer: Wei Leng Tay/BloombergJust a few months ago, Forrest Li had a $22 billion fortune and was the richest person in Singapore. Now he’s emerging as one of the biggest losers from a market crash that’s wiped more than $1 trillion from the net worth of the world’s 500 richest people this year.It’s been a litany of unfortunate events for the Sea Ltd. founder: The tech selloff, the shutdown of its main e-commerce operation in India and disappointing earnings have tanked the company’s American depository receipts more than 80% from a peak in October. He’s still rich -- worth $4.7 billion, according to the Bloomberg Billionaires Index -- but no longer enough to make the cutoff for the top 500 on the planet.Traders are preparing for more bad news. The company, which is scheduled to report first-quarter earnings later Tuesday, is expected to post a record loss of more than $740 million, according to the average analyst estimate compiled by Bloomberg. Sea’s net loss had already widened in the final three months of last year as the firm sped up its expansion.The downfall showcases the vulnerability of the quick wealth creation from the early stages of the Covid-19 pandemic -- when tech giants benefited from greater demand for their services such as Sea’s e-commerce and gaming. Higher interest rates and the tensions surrounding the war in Ukraine are further hurting growth stocks.“Sea is going to see increasing challenges in 2022,” said Shawn Yang, managing director at Blue Lotus Capital, an independent equity research firm in Hong Kong that cut the stock’s target price to $105 from $180 on May 10.The company’s e-commerce sales, its main source of revenue, could come short of its annual guidance of $8.9 billion to $9.1 billion as it faces intensifying competition from rivals including Alibaba Group Holding Ltd. and as consumers return to offline stores with the easing of Covid restrictions, Yang said.A Sea representative declined to comment for this story.Beyond Li, many tech entrepreneurs who saw their wealth rise on the back of the pandemic-induced growth are being hit hard by the market selloff. Eric Yuan, chief executive officer of Zoom Video Communications Inc., has lost $4.4 billion of wealth this year, while the fortune of Amazon.com Inc.’s Jeff Bezos, the world’s second-richest person, is down almost $58 billion. Ernie Garcia II and Ernie Garcia III, the father-son duo that runs used-car company Carvana Co., have shed $15 billion combined.Sea’s valuation collapse prompted the usually low-profile Li to reach out to his employees in March. In a 900-word internal memo, he told them not to fear and that while the drop is painful, “this is short-term pain that we have to endure to truly maximize our long-term potential.”Analysts generally remain optimistic about Sea’s future even though the stock fell to a two-year low earlier this month. Of the 38 analysts tracked by Bloomberg covering it, 34 recommend buying it. The company’s valuation may begin to rebound as prospects improve with its geographical expansion, according to Nathan Naidu, an analyst with Bloomberg Intelligence.For now, though, the shares remain volatile. After a 32% rebound amid a tech rally in the last two days of last week, they dropped 6.7% Monday. Gang Ye, one of the other company founders, has lost $4.3 billion in wealth this year, while David Chen is no longer a billionaire.“In the current economic environment, the level of anxiety about the effects of anticipated rate hikes by the Fed, along with rising inflation and impact from the Russian - Ukraine war just aren’t good for risky assets such as tech stocks,” BI’s Naidu said.","news_type":1},"isVote":1,"tweetType":1,"viewCount":184,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"4113543937098002","authorId":"4113543937098002","name":"AmberCapital","avatar":"https://community-static.tradeup.com/news/3e5625c0f19eefdbdf78c77a5ab63343","crmLevel":8,"crmLevelSwitch":1},"content":"that's 80% lost. imagine 80% of your nett worth lost. he's a sad sad man right now.","text":"that's 80% lost. imagine 80% of your nett worth lost. he's a sad sad man right now.","html":"that's 80% lost. imagine 80% of your nett worth lost. he's a sad sad man right now."}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9953430949,"gmtCreate":1673306475682,"gmtModify":1676538814527,"author":{"id":"3557831813182222","authorId":"3557831813182222","name":"BotakGuy","avatar":"https://static.tigerbbs.com/f7a8a7afc7644e0f8f2635094f19c39d","crmLevel":5,"crmLevelSwitch":1},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":11,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9953430949","repostId":"2302085105","repostType":4,"repost":{"id":"2302085105","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1673303531,"share":"https://www.laohu8.com/m/news/2302085105?lang=&edition=full","pubTime":"2023-01-10 06:32","market":"us","language":"en","title":"S&P 500 Near Flat As Investors Weigh Chances of Less Aggressive Rate Hikes","url":"https://stock-news.laohu8.com/highlight/detail?id=2302085105","media":"Reuters","summary":"* Tech shares gain* Macy's, Lululemon drop on holiday-quarter warnings* Indexes: Dow down 0.3%, S&P ","content":"<html><head></head><body><p>* Tech shares gain</p><p>* Macy's, Lululemon drop on holiday-quarter warnings</p><p>* Indexes: Dow down 0.3%, S&P 500 down 0.1%, Nasdaq up 0.6%</p><p><img src=\"https://static.tigerbbs.com/afd5e3c8fc21ea4a74007bff962a46cf\" tg-width=\"1080\" tg-height=\"1920\" width=\"100%\" height=\"auto\"/></p><p>NEW YORK, Jan 9 (Reuters) - The S&P 500 index erased early gains to close nearly flat on Monday as expectations that the Federal Reserve will become less aggressive with its interest rate hikes were offset by lingering worries about inflation.</p><p>The Dow ended lower, and the Nasdaq Composite ended well off the day's highs.</p><p>Investors are awaiting comments Tuesday from Fed Chair Jerome Powell, who some strategists expect could say more time is needed to show inflation is under control.</p><p>Money market bets were showing 77% odds of a 25-basis point hike in the Fed's February policy meeting.</p><p>A consumer prices report due Thursday could be key for rate expectations, said Quincy Krosby, chief global strategist, LPL Financial in Charlotte, North Carolina. "The CPI report this week is going to be essential for fine-tuning the Fed funds futures market."</p><p>Investors also may have sold some shares after recent strong market gains, said Paul Nolte, portfolio manager at Kingsview Investment Management in Chicago. "You're seeing a little bit of profit-taking ahead of the CPI number due out this week."</p><p>The technology sector gained as Treasury yields fell. Consumer discretionary stocks also rose, with Amazon.com Inc up 1.5% after Jefferies said it saw cost pressures easing for the e-commerce giant in the second half of the year.</p><p>Also, S&P 500 companies are about to kick off the fourth-quarter earnings period, with results from top U.S. banks expected later this week.</p><p>The Dow Jones Industrial Average fell 112.96 points, or 0.34%, to 33,517.65, the S&P 500 lost 2.99 points, or 0.08%, to 3,892.09 and the Nasdaq Composite added 66.36 points, or 0.63%, to 10,635.65.</p><p>Shares of Broadcom Inc fell in late trading to end down 2% after Bloomberg, citing people familiar with the matter, reported that Apple Inc plans to drop a Broadcom chip in 2025 and use an in-house design instead.</p><p>Friday's jobs report, which showed a moderation in wage increases, lifted hopes that the Fed might become less aggressive in its rate-hike push to reduce inflation.</p><p>Tesla Inc shares rose 5.9% after the electric-vehicle maker indicated longer waiting times for some versions of the Model Y in China, signaling the recent price cuts could be stoking demand.</p><p>Macy's Inc fell 7.7% and Lululemon Athletica Inc dropped 9.3% after both retailers issued disappointing holiday-quarter forecasts.</p><p>Volume on U.S. exchanges was 11.35 billion shares, compared with the 10.90 billion average for the full session over the last 20 trading days.</p><p>Advancing issues outnumbered decliners on the NYSE by a 1.85-to-1 ratio; on Nasdaq, a 1.48-to-1 ratio favored advancers.</p><p>The S&P 500 posted 13 new 52-week highs and two new lows; the Nasdaq Composite recorded 129 new highs and 32 new lows.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>S&P 500 Near Flat As Investors Weigh Chances of Less Aggressive Rate Hikes</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nS&P 500 Near Flat As Investors Weigh Chances of Less Aggressive Rate Hikes\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2023-01-10 06:32</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>* Tech shares gain</p><p>* Macy's, Lululemon drop on holiday-quarter warnings</p><p>* Indexes: Dow down 0.3%, S&P 500 down 0.1%, Nasdaq up 0.6%</p><p><img src=\"https://static.tigerbbs.com/afd5e3c8fc21ea4a74007bff962a46cf\" tg-width=\"1080\" tg-height=\"1920\" width=\"100%\" height=\"auto\"/></p><p>NEW YORK, Jan 9 (Reuters) - The S&P 500 index erased early gains to close nearly flat on Monday as expectations that the Federal Reserve will become less aggressive with its interest rate hikes were offset by lingering worries about inflation.</p><p>The Dow ended lower, and the Nasdaq Composite ended well off the day's highs.</p><p>Investors are awaiting comments Tuesday from Fed Chair Jerome Powell, who some strategists expect could say more time is needed to show inflation is under control.</p><p>Money market bets were showing 77% odds of a 25-basis point hike in the Fed's February policy meeting.</p><p>A consumer prices report due Thursday could be key for rate expectations, said Quincy Krosby, chief global strategist, LPL Financial in Charlotte, North Carolina. "The CPI report this week is going to be essential for fine-tuning the Fed funds futures market."</p><p>Investors also may have sold some shares after recent strong market gains, said Paul Nolte, portfolio manager at Kingsview Investment Management in Chicago. "You're seeing a little bit of profit-taking ahead of the CPI number due out this week."</p><p>The technology sector gained as Treasury yields fell. Consumer discretionary stocks also rose, with Amazon.com Inc up 1.5% after Jefferies said it saw cost pressures easing for the e-commerce giant in the second half of the year.</p><p>Also, S&P 500 companies are about to kick off the fourth-quarter earnings period, with results from top U.S. banks expected later this week.</p><p>The Dow Jones Industrial Average fell 112.96 points, or 0.34%, to 33,517.65, the S&P 500 lost 2.99 points, or 0.08%, to 3,892.09 and the Nasdaq Composite added 66.36 points, or 0.63%, to 10,635.65.</p><p>Shares of Broadcom Inc fell in late trading to end down 2% after Bloomberg, citing people familiar with the matter, reported that Apple Inc plans to drop a Broadcom chip in 2025 and use an in-house design instead.</p><p>Friday's jobs report, which showed a moderation in wage increases, lifted hopes that the Fed might become less aggressive in its rate-hike push to reduce inflation.</p><p>Tesla Inc shares rose 5.9% after the electric-vehicle maker indicated longer waiting times for some versions of the Model Y in China, signaling the recent price cuts could be stoking demand.</p><p>Macy's Inc fell 7.7% and Lululemon Athletica Inc dropped 9.3% after both retailers issued disappointing holiday-quarter forecasts.</p><p>Volume on U.S. exchanges was 11.35 billion shares, compared with the 10.90 billion average for the full session over the last 20 trading days.</p><p>Advancing issues outnumbered decliners on the NYSE by a 1.85-to-1 ratio; on Nasdaq, a 1.48-to-1 ratio favored advancers.</p><p>The S&P 500 posted 13 new 52-week highs and two new lows; the Nasdaq Composite recorded 129 new highs and 32 new lows.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU1162221912.USD":"FRANKLIN INCOME \"A\" (USD) ACC","BK4511":"特斯拉概念","LU0353189680.USD":"富国美国全盘成长基金Cl A Acc","IE00BJJMRY28.SGD":"Janus Henderson Balanced A Inc SGD","LU0820561909.HKD":"ALLIANZ INCOME AND GROWTH \"AM\" (HKD) INC","TSLA":"特斯拉","LU0109392836.USD":"富兰克林科技股A","BK4532":"文艺复兴科技持仓","LU0097036916.USD":"贝莱德美国增长A2 USD",".DJI":"道琼斯","LU0689472784.USD":"安联收益及增长基金Cl AM AT Acc","BK4507":"流媒体概念","LU0320765059.SGD":"FTIF - Franklin US Opportunities A Acc SGD","BK4576":"AR",".IXIC":"NASDAQ Composite","LU0672654240.SGD":"FTIF - Franklin US Opportunities A Acc SGD-H1","BK4512":"苹果概念","LU1861215975.USD":"贝莱德新一代科技基金 A2","LU0648001328.SGD":"Natixis Harris Associates US Equity RA SGD","BK4533":"AQR资本管理(全球第二大对冲基金)","LU0276348264.USD":"THREADNEEDLE (LUX) GLOBAL DYNAMIC REAL RETURN\"AUP\" (USD) INC","LU0289961442.SGD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"AX\" (SGD) ACC",".SPX":"S&P 500 Index","LU1548497426.USD":"安联环球人工智能AT Acc","LU0354030511.USD":"ALLSPRING U.S. LARGE CAP GROWTH \"I\" (USD) ACC","LU0149725797.USD":"汇丰美国股市经济规模基金","LU0079474960.USD":"联博美国增长基金A","LU0127658192.USD":"EASTSPRING INVESTMENTS GLOBAL TECHNOLOGY \"A\" (USD) ACC","LU0354030438.USD":"富国美国大盘成长基金Cl A Acc","IE00BJTD4N35.SGD":"Neuberger Berman US Long Short Equity A1 Acc SGD-H","IE00B7KXQ091.USD":"Janus Henderson Balanced A Inc USD","LU0211328371.USD":"TEMPLETON GLOBAL EQUITY INCOME \"A\" (MDIS) (USD) INC","BK4550":"红杉资本持仓","LU0289739343.SGD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"A\" (SGD) ACC","LU0348723411.USD":"ALLIANZ GLOBAL HI-TECH GROWTH \"A\" (USD) INC","IE00BLSP4452.SGD":"Legg Mason ClearBridge - Tactical Dividend Income A Mdis SGD-H Plus","IE00B3S45H60.SGD":"Neuberger Berman US Multicap Opportunities A Acc SGD-H","LU0170899867.USD":"EASTSPRING INVESTMENTS WORLD VALUE EQUITY \"A\" (USD) ACC","LU0109391861.USD":"富兰克林美国机遇基金A Acc","LU1861559042.SGD":"日兴方舟颠覆性创新基金B SGD","IE00B19Z9505.USD":"美盛-美国大盘成长股A Acc","LU0642271901.SGD":"Janus Henderson Horizon Global Technology Leaders A2 SGD-H","BK4103":"百货商店","M":"梅西百货","AVGO":"博通","AMZN":"亚马逊"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2302085105","content_text":"* Tech shares gain* Macy's, Lululemon drop on holiday-quarter warnings* Indexes: Dow down 0.3%, S&P 500 down 0.1%, Nasdaq up 0.6%NEW YORK, Jan 9 (Reuters) - The S&P 500 index erased early gains to close nearly flat on Monday as expectations that the Federal Reserve will become less aggressive with its interest rate hikes were offset by lingering worries about inflation.The Dow ended lower, and the Nasdaq Composite ended well off the day's highs.Investors are awaiting comments Tuesday from Fed Chair Jerome Powell, who some strategists expect could say more time is needed to show inflation is under control.Money market bets were showing 77% odds of a 25-basis point hike in the Fed's February policy meeting.A consumer prices report due Thursday could be key for rate expectations, said Quincy Krosby, chief global strategist, LPL Financial in Charlotte, North Carolina. \"The CPI report this week is going to be essential for fine-tuning the Fed funds futures market.\"Investors also may have sold some shares after recent strong market gains, said Paul Nolte, portfolio manager at Kingsview Investment Management in Chicago. \"You're seeing a little bit of profit-taking ahead of the CPI number due out this week.\"The technology sector gained as Treasury yields fell. Consumer discretionary stocks also rose, with Amazon.com Inc up 1.5% after Jefferies said it saw cost pressures easing for the e-commerce giant in the second half of the year.Also, S&P 500 companies are about to kick off the fourth-quarter earnings period, with results from top U.S. banks expected later this week.The Dow Jones Industrial Average fell 112.96 points, or 0.34%, to 33,517.65, the S&P 500 lost 2.99 points, or 0.08%, to 3,892.09 and the Nasdaq Composite added 66.36 points, or 0.63%, to 10,635.65.Shares of Broadcom Inc fell in late trading to end down 2% after Bloomberg, citing people familiar with the matter, reported that Apple Inc plans to drop a Broadcom chip in 2025 and use an in-house design instead.Friday's jobs report, which showed a moderation in wage increases, lifted hopes that the Fed might become less aggressive in its rate-hike push to reduce inflation.Tesla Inc shares rose 5.9% after the electric-vehicle maker indicated longer waiting times for some versions of the Model Y in China, signaling the recent price cuts could be stoking demand.Macy's Inc fell 7.7% and Lululemon Athletica Inc dropped 9.3% after both retailers issued disappointing holiday-quarter forecasts.Volume on U.S. exchanges was 11.35 billion shares, compared with the 10.90 billion average for the full session over the last 20 trading days.Advancing issues outnumbered decliners on the NYSE by a 1.85-to-1 ratio; on Nasdaq, a 1.48-to-1 ratio favored advancers.The S&P 500 posted 13 new 52-week highs and two new lows; the Nasdaq Composite recorded 129 new highs and 32 new lows.","news_type":1},"isVote":1,"tweetType":1,"viewCount":14,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9956028574,"gmtCreate":1673854302498,"gmtModify":1676538894823,"author":{"id":"3557831813182222","authorId":"3557831813182222","name":"BotakGuy","avatar":"https://static.tigerbbs.com/f7a8a7afc7644e0f8f2635094f19c39d","crmLevel":5,"crmLevelSwitch":1},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/U11.SI\">$UNITED OVERSEAS BANK LIMITED(U11.SI)$ </a> what happened","listText":"<a href=\"https://ttm.financial/S/U11.SI\">$UNITED OVERSEAS BANK LIMITED(U11.SI)$ </a> what happened","text":"$UNITED OVERSEAS BANK LIMITED(U11.SI)$ what happened","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/9956028574","isVote":1,"tweetType":1,"viewCount":413,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"4098186291348360","authorId":"4098186291348360","name":"Xiaowanmian","avatar":"https://static.tigerbbs.com/ee8ac6e8b8b721979c0d1d1f65d0fbb7","crmLevel":4,"crmLevelSwitch":0},"content":"UOB priced 5.25% perpetual capital security at S $850 million on Thursday (January 12th), which will be redeemed for the first time in 2028.","text":"UOB priced 5.25% perpetual capital security at S $850 million on Thursday (January 12th), which will be redeemed for the first time in 2028.","html":"UOB priced 5.25% perpetual capital security at S $850 million on Thursday (January 12th), which will be redeemed for the first time in 2028."}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9926800333,"gmtCreate":1671500472123,"gmtModify":1676538546352,"author":{"id":"3557831813182222","authorId":"3557831813182222","name":"BotakGuy","avatar":"https://static.tigerbbs.com/f7a8a7afc7644e0f8f2635094f19c39d","crmLevel":5,"crmLevelSwitch":1},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/09988\">$Alibaba(09988)$ </a>Why why ","listText":"<a href=\"https://ttm.financial/S/09988\">$Alibaba(09988)$ </a>Why why ","text":"$Alibaba(09988)$ Why why","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9926800333","isVote":1,"tweetType":1,"viewCount":61,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}