$Lendlease Global Commercial REIT(JYEU.SI)$Earnings next week and for the last few weeks, most REITs are starting their recovery. For this stock, it’s also on an uptrend for the last 1 week but some slight pullback on Friday. Price has been finding some support above $0.80. However for those who got it way back to its 2019 end IPO, prices have yet break above the IPO price. The timing isn’t right because pandemic sets in months later in early 2020 where we have all the lockdowns and malls closure. Price has been down and sideways.But at this price with 5% dividends yield, current price is still good to enter because there is still much room for this stock to rise further, backed by the recent acquisition of JEM, reopening of economy i
$SINGTEL(Z74.SI)$ For this year, I am quite bullish for this stock. I think most of you already know about digital banking & GXS and so I will not go into details. Unfortunately Last week, price went on a 2 month low because of a Citi report over Telkomsel's profitability. While SingTel is quick to address this concern by issuing a statement, price already took a dive and damage already done. Because of the Ex-Date, price dive even lower such that a gap is formed. See chart below. Gaps are usually triggered by good or bad news, in this case for SingTel, it's not so good news. However, gaps can also be a good trading opportunity to buy the dip. Because fundamentals haven really change much + SingTel's q
$SEMBCORP MARINE LTD(S51.SI)$Let’s wait & hold and see how it goes.SCM is diversitying their business to renewable energy sector so in the long term, there should be recovery.For the short term till the rights issue, I think price should not drop too much. If price fall below the current support level@$0.12, it might go further downto $0.08. So during the rights exercise, let’s wait till the last few days and see how the market moves. If it moves further than $0.12, then we can load more if we want to get more shares since it’s 3:2 ratio.Assuming stocks fall below $0.08, then better not buy anymore. We should just grab when trading resumes in the open market.
$Lendlease Global Commercial REIT(JYEU.SI)$Generally price drop after every rights issue anncouncemt because # 1, shareholders have to fork out additional funds to buy more units and #2, their holdings get diluted anyway irregardless they get the rights or not. This is the same with the recent few PO like Sembcorp Marine, Ascendas, Mapletree Industrial. So I would say wait until the last few days and see how much the open market price goes. If price is higher than $0.72, then go for it. If price is lower,then get it from the open market. However do takenote that there is a gap of a few trading days before the PO exercise closes till the entitlement.
$Q & M DENTAL GROUP (S) LIMITED(QC7.SI)$For those who have bought during the highs of $0.8X before 20 Aug for the dividends or those who have bought during the $0.75X after the Rec date, please take note that the Rec date for the bonus shares 5:1 will only be issued after 2 Sep 2021 5pm. So please remember to hold on. The fundamentals for this counter is strong so please hold on!
$Q & M DENTAL GROUP (S) LIMITED(QC7.SI)$Economy opening up, 10 pax dining allowed. More merry making and more tooth decays. Now the nosignboard purchase seems much relevant !
$SEMBCORP MARINE LTD(S51.SI)$ I have been holding since 2020 and went thru all the PO. Have expected price to drop even more but lucky it's no where near my expectation. Things should be better half to one year down the road. Remember if in doubt,just HODL!
$SEMBCORP MARINE LTD(S51.SI)$Pricing will definitely go down when market trading resumes afterthe rights exercise period. I have exercised 2 other rights this year; Mapletree Industrial and Ascendas.Both pricing went down but higher than the PO price. But the main difference is that the rights offer for Mapletree and Ascendas are for funds to be raised for expansion. Remember that SCM is raising funds to buy over the losing money Oil&Marine segment for Keppel. That’s why Keppel price rise after this announcement. To buy over a failing asset and this is the 2nd rights issue within a year. If you look at the balance sheet for SCM, how much can this round of funds issue last? At the most till mid 2022. How much lower can the ne
$SINGTEL(Z74.SI)$Dun lose hope yet. SingTel + Grab gotten the digital bank licence for Singapore. They are also bidding for licensing for Malaysia.Price may be the lowest you have ever experiencedbut recovery hopeful for the mid term.
$Q & M DENTAL GROUP (S) LIMITED(QC7.SI)$Haven seen such rise since the bonus shares issued last year. Now that Singapore is opening up, more wine & dine, more merry making and more tooth problems.
$SEMBCORP MARINE LTD(S51.SI)$EGM Date set on the 23 August 2021 to vote for / against the $1.5B rights issue. Because retail investors form only a small portion so likely this rights will go thru.