My guess is that it will drop for a while when traders take profit. After the drop, can expect SEA to trade in the range of USD 50-60 while the market awaits for better news or even the Q4 results. If indeed SEA can deliver its promise, it may start to go up even more when the Q4 results are out. As I'm vested in SEA, I wish that the worst is already over and hopefully it will start moving up again.
$Tesla Motors(TSLA)$ What's there to say that Musk won't sell again other than his promise which he had already broken? I won't take his words at face value but that doesn't mean Tesla should be avoided. I think (personal opinion) we should not short or dump the shares just because it crashed afterMusk keeps selling. Firstly, there is a limit to how many shares he can actually sell, so dumping of shares by Musk will not go on indefinitely even if he says he'll keep on selling them. Secondly, the EV technology will be the future of the automobile industry, so it's here to stay for long. It can be seen by the likes of traditional car makers moving into the EV sector, or they will be slowly phased out as time passes. So instead of selling or shorting them, I believe in buying Tesla in tranches when it drops and holding them for long. Due to inflation and rising interest rates, the market senti
Apple is still a very safe choice of investment I would say. They have built up a reputable brand name over decades and a huge loyal customer base. Revenue and profits will continue rolling in for many more years. Other than Apple, I would say that the utilities and energy sector would be the most stable in times like this, especially those in the green energy like $NextEra(NEE)$ . As the world slowly moves in the green direction, green companies and those in renewable energy will stand to benefit.
Shorting US stocks now may not be a wise choice even though US economy looks set to enter into a recession and may drop even further. Market looks oversold and may rebound. It could be better to just buy in tranches. Markets are always moving up and down, it's only a matter of time it'll go back up again.
I guess changes might include premium user only features such as zero ads, ability to view (only) private accounts, customisation of account appearance or even special effects. Implementation of more stringent rules or IP checks and running of bots to detect and ban fake accounts, multi-accounts or accounts created with improper agendas. Even with free speech, there has to be limitations on what can posted.
Personally using Facebook, Messenger and Whatsapp, but not Instagram. Of these, I use Whatsapp the most. I think social apps are facing a very tough time. Widespread reduced spending on ads and intense competition are making it hard for them to keep growing. There is a lot of ongoing competition like Telegram, Line, WeChat, Weibo, TikTok, Douyin, Snap etc. Hard for Facebook to only depend on their existing apps forever. Maybe that's why Facebook changed its name to Meta and started investing into the Metaverse.
I feel that Musk hasn't been himself lately. He isn't focusing on Tesla and is even dumping Tesla's shares. This makes investors wonder if Tesla can continue to keep up with its promises after falling to deliver. And the dumping is really to fund Twitter's acquisition or Musk himself losing focus or faith in his company. Competition is very tough in the EV industry and if Musk doesn't come back to set things straight, Tesla might even lose its leadership position in the industry. The share price of Tesla had already dropped more than 50% from its all time highs. Holding the fort at USD 200.00 might be impossible, if Musk is continues being fixated at Twitter.
If I were Buffet, I guess I would buy companies like $SEMBCORP INDUSTRIES LTD(U96.SI)$ and donate my wealth to charity. SembCorp is an energy and waste company that has been committed into turning its portfolio green. Recently, it just acquired a significant interest in a Chinese renewable energy company that invests in wind and solar assets. It also fully acquired an Indian renewable energy company that invests in wind and solar as well. These two recent acquisitions brings SembCorp's portfolio close to 60% green. Investing into renewable energy is doing good to the planet that we are living in and helps to preserve rather than pollute it. With Buffet's influence, he can help to push investors and companies alike into going green, by showing what he cares through what he is investing in. Helping to preserve the world we live in is our best gift to our children and future generations. No
SIA ramps up Asia flights, while adjust flights to Americas and Europe $SINGAPORE AIRLINES LTD(C6L.SI)$ announced its plans to boost frequencies to destinations across East Asia and Southeast Asia, and increase Airbus A380 services to Australia during the Northern Summer season in Mar-Oct'23. SIA's flight frequencies will reach or exceed pre-pandemic levels in multiple destinations across East Asia and Southeast Asia by Mar'24. Frequencies for flights to Los Angeles, Seattle and Houston will be reduced and SIA will operate Boeing 777-300ER instead of Airbus A380 for the daily Singapore-Frankfurt-New York service. As SIA's flight frequencies reach or even exceed pre-pandemic levels, profitability looks set to return to pre-covid levels. This should be a very good chance to accumulate while the share price has yet to reach pre-covid levels. I am quite vested in this stock and could be biased in my views. He