While other automakers’ sales slipped drastically in the first quarter of 2022, BYD saw a 180% increase in sales, with their net income rising by 241%, comparable to Tesla’s 246% surge in earnings in the same timeframe. The impact of supply chain disruption and semiconductor chip shortage was significant on the global automobile industry, but the strict anti-covid measures in many parts of China coupled with the ongoing Russia-Ukraine war caused many automobile production lines in China to come to a complete standstill, including the Tesla Shanghai facility. BYD manufactures its own batteries and chips and was able to protect itself from the supply chain shock. It is also amongst the fastest automobile companies to phase out traditional internal combustion vehicles, which puts it
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Is Venture Corp worth looking into?
$VENTURE CORPORATION LIMITED(V03.SI)$ reported a 29% increase in net profit to $84million in Q1 of 2022 ended March. Singapore's Venture Corp Ltd provides contract manufacturing services to electronics companies worldwide, by trading and manufacturing electronics and computer-related products, developing and marketing colour imaging products for label printing. Despite their Shanghai operations coming to a stop in March due to the strict COVID-19 regulations in major parts of China, its impact on Venture Corp was minimal. Following the release of their 2022 Q1 financial report, analysts have a positive outlook on the tech organisation, as they reported stronger-than-expected financial results for its first qua
BYD set to seize Tesla’s EV crown?
BYD set to seize Tesla’s EV crown?
ST Engineering's expansion?
With countries opening up and air travel made possible once again, the aerospace industry has made a significant comeback and ST Engineering has not been left out. Here’s why ST Engineering could be a profitable investment to look into.According to their financial report of the first quarter of 2022, ST Engineering saw a significant boost of $2b in revenue, a 13% increase from $1.8b in Q1 2021. Commercial aerospace contributed the most to revenue growth with a 22% increase in revenue, with the reopening of borders and orders for nacelles (enclosed part of an airplane containing the engine), amongst others.3 weeks ago, ST Engineering announced a collaboration with Mobile Aerospace Engineering and United Airlines, Inc (United), whi
Capitaland continuing its global expansion?
With CLI’s plans to expand across China and other countries across the globe, CLI could be a profitable investment to look into. Here's why. CLI’s real estate investment manager said in a bourse filing earlier today that the company remains long-term positive on China due to the Chinese government’s pro-business and pro-consumption stimulus that provides opportunistic investment themes for the company. Within China, CLI has established its presence across first and second timer cities in 5 core city clusters and continues to diversify its asset class involvement by exploring new economy asset classes such as business parks, logistics and data centres. CLI is also looking at expanding to other countries. Its lyf co-living brand has 5 properties slated to open across the globe in c
Capitaland continuing its global expansion?
Shorting Tencent?
Yesterday’s announcement that Dutch technology investment company Prosus, and Naspers, which holds 28.78 per cent stake in $TENCENT(00700)$ , would gradually sell their shares, led to a fall of 2.5% to HK$374.60. The stock last traded down 1.3 per cent, the third biggest percentage decliner in the Hang Seng Tech Index. The decision comes after Prosus NV reported a 20% fall in annual core headline earnings and announced a major share repurchasing programme. To fund the programme Prosus will gradually sell down its massive 28.9 per cent stake in Chinese software giant Tencent, owner of WeChat, worth more than $100 billion at current prices.Despite the fall in shares, Tencent could still be a worth investment to look into.
Could Xiaomi be the next biggest global tech giant?
With talk about the upcoming Redmi Note 11T series launch and plans to mass produce its own cars in 2024, some big brokers such as UOB Kay Hian, have listed $XIAOMI-W(01810)$ stocks with a “buy” rating, with expectations tooutperform its peers with continued growth in global market share. With China’s nationwide lockdown due to the COVID-19 outbreak, Xiaomi suffered a fall of 4.6% in Q1 revenue, from supply chain disruptions. However, after the holiday quarter, Xiaomi reported a quarterly profit that beat analysts' estimates, with sales increasing 21 per cent to 85.6 billion yuan, beating the average prediction of 81.5 billion yuan. The rapid growth of Xiaomi in the international markets has resulted in the china-ba
Anyone considering buying KEPCORP?
Hi guys! anyone considering going long for $KEPPEL CORPORATION LIMITED(BN4.SI)$ ?[Grin] On the H4, with price bouncing off the ichimoku cloud and breaking out of the descending trend channel, we have a bullish bias that price will rise from the entry at 283.7500 at the overlap support. If price rises and breaks the intermediate resistance at 305.4490 at the multiple swing high in line with the 61.8% fibonacci retracement, we will have upside confirmation that price will rise to the take profit at 330.1410 at the horizontal swing high in line with the 38.2% fibonacci retracement. Alternatively, price may break the support structure at the entry and drop to the stop loss at the swing low at 254.5686.let me know what
Anyone considering buying KEPCORP?
Going short for DBS?
Hey guys! Anyone thinking of going short for $DBS GROUP HOLDINGS LTD(D05.SI)$ ?Price just broke through the horizontal support at 31.04 and price is below ichimoku cloud, which supports my bearish bias. I'll have my take profit at 29.98 in line with the second horizontal support and my stop loss at 32.64 in line with the first support.Let me know what you think!Sell entry: 31.04[Smile] Take profit: 29.98[Happy] Stop loss: 32.64[Cry] $DBS 5xLongSG230713(DQEW.SI)$ $DBS 5xShortSG240306(DLDW.SI)$
Going short for DBS?
Is Singtel worth sustainable investing?
Last month, $SINGTEL(Z74.SI)$ announced that Australian subsidiary Optus Finance had inked a A$1.4 billion sustainability-linked revolving credit facility.The interest rate discounts for the revolving credit facility are linked to Optus’ reduction of its absolute greenhouse gas emissions by 25 per cent by 2025, compared with a 2015 baseline. The loan will be used to refinance its existing credit facilities, as well as other general corporate purposes.This comes a week after the first announcement that Singtel successfully priced its firstdigital sustainability-linked bond in partnership with UOB and private markets platform ADDX. Singtel said it is committed to reducing its scope 1 and 2 greenhouse gas emissions in tonn
Is Sembcorp worth sustainable investing?
Singapore's $SEMBCORP INDUSTRIES LTD(U96.SI)$ solar farm is expected to produce about 22,025 MW hours of power annually, which is exported to Singapore's national power grid. This will help to avoid approximately 9,000 tonnes of carbon dioxide emissions a year, which is equivalent to planting almost 150,000 trees. Covering almost 10 hectares of temporary vacant land with over 33,500 solar panels installed, the new solar farm at Tuas industrial estate can power about 4,700 4-room Housing Board (HDB) flats a year.The interest rate of the loan facility will be subject to a step-up margin if Sembcorp does not cut greenhouse gas emissions intensity to 0.40 tonne of carbon dioxide equivalent per megawatt hour or less by end-2
Bullish momentum for Netease Inc?
Hi guys! Looking at going in for a buy for $NetEase(NTES)$ . Let me know what you think!Price is above ichimoku cloud indicating a bullish momentum and the second horizontal level of resistance at 162.7 is in line with the 127.2% fibonacci expansion, so i will probably have my take profit at that level. I will place my stop loss at 147.0 in line with the first horizontal level of support as well as the 61.8% fibonacci retracement.buy entry:154.0[Smile] take profit: 162.7[Happy] stop loss: 147.0[Cry] $NetEase 5xShortSG230330(DHAW.SI)$ $NetEase 5xLongSG230329(DULW.SI)$
Bullish momentum for Netease Inc?
Going short for kuaishou tech?
Hi guys! thinking of going short for kuaishou, let me know what you thinkFrom the descending trend channel i have bearish bias. There is high barrier pressure at 72.00, where i intend to go short, as it lines up with the 127.2% fibonacci expansion and the 61.8% fibonacci retracement. Addtionally, Stocastics show that there has been a constant resistance level, whihc suggests there will likely be a reversal at that level. I will probably put my take profit at the horizontal support level at 53.85 and my stop loss at the first resistance level at 54.85, in line with the 100% fibonacci projection. sell entry: 72.00[Smile] take profit: 53.85[Happy] stop loss: 54.85[Cry]$Kuaisho 5xLongSG220808(DXDW.SI)$
Going short for kuaishou tech?
Potential Bullish momentum for 1211 BYD ?
hi guys! anyone looking to go long for $BYD COMPANY(01211)$ ? With price moving above the ichimoku cloud on the H4, we have a bullish bias that price will rise from the buy entry at 280.2 in line with the 38.2% fibonacci retracement at the overlap support to the take profit at 323.6 at the swing high. Alternatively price may break the support structure to the entry and drop to the stop loss at 253.2 in line with the 61.8% fibonacci projection.Let me know what you guys think!Buy entry:280.2[Smile] Take profit:323.6[Miser] Stop loss: 253.2[Cry] if you wish to leverage on this, consider using DLCs: $BYD 5xLongSG230202(DLCW.SI)$
Potential Bullish momentum for 1211 BYD ?
Great Wall Motor going global?
Headquartered in China, $GREATWALL MOTOR(02333)$ is China’s top homegrown SUV maker. In April 2022, GWM reported a 41% plunge in April sales as a result of China’s zero-covid policy which drove some heavily populated cities to be under lockdown and the economy to come to a standstill. In March, United Overseas Bank (UOB) announced their collaboration with GWM to expand its business to the ASEAN region, by supporting the company with local funding and market advisory services seamlessly and quickly. Expanding to the ASEAN region would be beneficial to the company as the ASEAN market is of key importance due to the region’s potential and rising demand in green vehicles. As of the end of May, GWM has begun e
Could SIA return to pre-pandemic status in 2022?
With borders opening up and people desperate to leave to travel, $SINGAPORE AIRLINES LTD(C6L.SI)$ has reported its annual revenue to have doubled to S$7.6 billion over the past year. Analysts attribute this success to the launch and expansion of the Vaccinated Travel Lanes (VTL) in collaboration with multiple travel destinations such as Switzerland, UK and Bali, which enabled people to travel without the need for quarantine, encouraging people to get vaccinated so that they can travel once again.Resumption of air-travel has also provided job opportunities for Singaporeans. With the frequency of flights expected to increase over the year, cabin crew recruitment has resumed after a 2year hiring freeze. Additionally, SIA pilot
Going short for JD?
Hey guys! anyone considering going short for $JD.com(JD)$ ?I am considering going for sell if the price breaks through the horizontal support level at 190.8 since price is below ichimoku which suggests bearish momentum. I will probably put my take profit at the swing low at 161.4 and my stop loss at 216.6 which is in line with the 23.6% fibonacci retracement. Sell entry: 190.8[Smile] Take profit: 161.4[Happy] Stop loss: 216.6[Cry] $JD 5xLongSG230329(DTZW.SI)$
Going short for JD?
Bearish momentum for China Construction Bank?
hi guys! anyone thinking of going short for $CCB(00939)$ ?price is below ichimoku cloud which supports my bearish bias and the support level at which i intend to go short at 5.56 is in line with 100% fibonacci projection and the 38.2% fibonacci retracement, which suggests that there is high levels of barrier and a price reversal is possible. I will probably place my take profit at the 5.45 level just below the confluence area between the 61.8% fibonacci projection, 23.6% fibonacci retracement and 38.2% fibonacci retracement. sell entry: 5.56[Smile] take profit: 5.45[Happy] stop loss: 5.64[Cry] $CCB 5xLongSG240807(DWCW.SI)$
Bearish momentum for China Construction Bank?
Is 2018.HK AAC Tech worth the investment?
According to the recent ‘5G Mobile Devices Radio Frequency Front Ends Market’ Report by A2Z Market Research, $AAC TECH(02018)$ AAC Technologies was amongst the top 11 companies that made the most revenue from the 5G market from 2015-2018. The report also stated that“The Global 5G Mobile Devices Radio Frequency Front Ends Market size was estimated at a reasonable million USD in 2021 and expected to reach a healthy million USD in 2022, and is projected to grow at a steady CAGR to get a prominent million USD by 2027.” In the most recent market update, AAC Technologies improved 1.84% during the Asia Market, with many other Hong Kong stocks improving as well due to the gradual reopening of Hong Kong and other Chinese ci
Anyone going long for ComfortDelgro?
Hi guys! anyone thinking for going long for $COMFORTDELGRO CORPORATION LTD(C52.SI)$ ?Price is going above ichimoku cloud which supports my bullish bias. I'm thinking of placing my take profit at the 1.57 level in line with the 100% fibonacci projection and 127.2% fibonacci extension. Will probably place my stop loss at the first horizontal support level as well at 1.39. Buy entry: 1.47[Happy] Take profit: 1.57[Miser] Stop loss: 1.39[Cry] $Comfort 5xLongSG231115(MQVW.SI)$ $Comfort 5xShortSG231115(THLW.SI)$
Anyone going long for ComfortDelgro?
Bearish momentum for PetroChina?
Hi guys! Anyone looking at going for a sell for $PetroChina(PTR)$ ?Price has been moving in a descending trendline and is below ichimoku cloud, which supports my bearish bias. However, i will only go in for a sell if price breaks through the level of support at 3.892 in line with the 50% fibonacci retracement and 61.8% fibonacci projection. There is a high level of barrier at the first level of resistance, 3.995, due to the area of confluence from the 78.6% fibonacci projection and 61.8% fibonacci retracment, which could result in a reversal.sell entry: 3.8922[Smile] take profit: 3.655[Miser] stop loss: 3.995 [Cry] $PetroCH 5xLongSG230331(D00W.SI)$
Bearish momentum for PetroChina?
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