$NIO Inc.(NIO)$ Goldman is an example of analyst with ulterior motive. They downgrade so that they can buy on the cheap side. Do not be fooled by such analyst, always making use of retail investors for their own gain
We need to understand why investors (especially the younger generation) avoid our local market. Tax incentives will not really help. Low trading liquidity means people who are trading on short term basis (example use of technical analysis) will not be interested. Technical analysis is not reliable when liquidity is low. How do we get this group of people back to our local market? Just thinking out loud, would the introduction of options market on most companies help like in US?
SGX Falls 5.2% after MAS Review Group Suggests Tax Perks to Revitalize Singapore Equities Market
$MEDTECS INTERNATIONAL CORP LTD(546.SI)$All i can say, for any stock in general, if in for short term, stock market is not for you. Please go casino instead. Price move because people always have an irrational mind, a gambler mindset. People can offer to buy cheap, but if those holding can think properly, analyze the business fundamentals and not sell cheap if it is indeed reasonably well, of cause the price will not drop. It is so simple as that.
$ASIAN PAY TELEVISION TRUST(S7OU.SI)$each quarter dividend maintain, yield is so good (proven to not be a one-off event) but price always never go up, in fact keep dropping despite maintaining dividends.
$MEDTECS INTERNATIONAL CORP LTD(546.SI)$no need to worry about vaccine, vaccine does not mean people will let their guard down. It will be a big mistake to humanity if we let our guard down because we have some protection against virus. Demand for PPE and masks going forward will still be high
$MEDTECS INTERNATIONAL CORP LTD(546.SI)$And when it goes up, those who sold will cry father cry mother. All i can say is know your own objective. If you are short term, please find a short term instrument or gamble in a longer term instrument at your own risk