$COMFORTDELGRO CORPORATION LTD(C52.SI)$ From an investment point of view, comfort is a great buy at current price levels for the long term. People are still going to take buses and trains worldwide in a recession, and fares will go up. Comfort taxi drivers drive for a living and will hold on to their taxis regardless of economy. Their car rental business will do better as people sell their cars and turn to rent. It is also a rare stock flashing undervaluation in all 3 valuation matrics in our app.
$CHINA COMM CONS(01800)$ This is part of a very fishy group of stocks. If the profits are real and the pe is indeed less than 3, why is it that the dividend payout ratio is so low? And since the dividend payout ratio is low, won't the company have accumulated cash many times over the current share price? And if the profits were reinvested to grow the business, won't the statements show year-on-year growth? Anyone please enlighten.
$HAIDILAO(06862)$ Wow. Such result after massively increasing employees' pay is unbelievable, especially after rivals all report losses or huge drop in profits. Turnover per table hits a dizzying 4.2 when rivals are all experiencing a drop in table turnover rate. Incredible.
$PING AN(02318)$ dropped today over earnings concerns. Since hitting $46.50 in May, stock has crashed $13 in 3 months. PingAn's results could miss analyst targets by miles based on its share price movements pre-earnings.
$Straits Times Index(STI.SI)$ If you look at the monthly chart you can see that sti index is still sloping upwards. Dbs is still trading above $30. Singtel recently soared and convincingly broke $2.50 resistance. Before covid, even $25 is high. I believe sti will continue to rise and eventually break record highs.
$Seatrium Ltd(5E2.SI)$ The most speculative stock in SGX. Likely strong support at gap up resistance around 20 cents. Resistance level hard to gauge as stock might explode upwards. Short term resistance at $1.7 region. in the shorter term, it is likely to remain volatile and wide-range bound.
$PING AN(02318)$ already $12 off 2 month high. That is an almost 30% crash in 2 months. Biggest insurer in China and most valuable insurer by asset under management in the world. Annual dividend distribution is 2 times the one off future dilution caused by CB issuance. Share price is way off its peak at $120 and trading at super long term support. Dyodd.
$Seatrium Ltd(5E2.SI)$ Won alot of high value contracts in the past few months. Shares traded as low as 7.6cents before consolidating and soaring to 136 cents today. Expect former strong resistance turned support at around 14.5 cents to hold.