To The Moon

As of the close on Friday, $Straits Times Index(STI.SI)$ closed at 3,248.63 points, up 3.48% points last week. (Don’t forget to check the SG earnings calendar at the end of the article~) During the last 5 trading days, $Seatrium(S51.SI)$, $NIO Inc.(NIO.SI)$, $DFIRG USD(D01.SI)$, $MAPLETREE LOGISTICS TRUST(M44U.SI)$, and $CapitaLandInves(9CI.SI)$ are the top 5 Weekly gainers, up 16.00%, 10.58%, 7.52%, 6.83% and 6.52% respectively. $HUTCHISON PORT HOLDINGS TRUST(NS8U.SI)$, $TJ DaRenTang(T14.SI)$, $TAN CHONG INT'L LTD(T15.SI)$, $Airports of Thailand NVDR(TATD.SI)$ and $HOTEL PROPERTIES LTD(H15.SI)$ are top 5 decliners of SGX stocks which market capital above S$1 Bln. Below are key analyses of the TOP 5 gainers: 1. $Seatrium(S51.SI)$ The company secured a 720 million euro green trade finance facility from OCBC Bank, one of the largest syndicated financing solutions issued by a single bank for the maritime industry. The company is expected to announce its 1HFY2023 earnings on July 28, 2023, and analysts are optimistic about its performance and prospects. The company was included in the Straits Times Index (STI), the benchmark index of the Singapore stock market, effective from June 21, 2023, replacing Keppel DC REIT. 2. $NIO Inc.(NIO.SI)$ The company announced that it delivered 8,083 vehicles in June 2023, a new monthly record and a 116.1% year-over-year growth. The company received positive ratings and price targets from several analysts, such as Morgan Stanley, Deutsche Bank and Citi, who praised its strong sales performance, competitive edge and innovation potential. The company benefited from the overall recovery of the electric vehicle sector in China, which saw a 139.3% year-over-year increase in sales in June 2023, according to the China Association of Automobile Manufacturers. 3. $DFIRG USD(D01.SI)$ The company announced a final dividend of 0.02 USD per share for the financial year ended December 31, 2022, payable on May 10, 2023. The company reported a net profit of 1.76 million USD for the first quarter of 2023, compared to a net loss of 216,000 USD in the same period last year, driven by improved sales and cost efficiency across its business segments. The company benefited from the gradual recovery of consumer spending and confidence in its key markets, such as Hong Kong, Singapore and Indonesia, as the COVID-19 pandemic situation eased and vaccination rates increased. 4. $MAPLETREE LOGISTICS TRUST(M44U.SI)$ The REIT announced that it will release its first quarter FY23/24 financial results on July 26, 2023, and investors may anticipate positive earnings growth and distribution per unit. The REIT completed the acquisition of a 50% interest in 11 logistics properties in China for 205.6 million SGD on June 30, 2023, enhancing its portfolio quality and diversification. The REIT benefited from the strong demand for logistics space in its key markets, such as Singapore, Hong Kong and China, driven by the growth of e-commerce and supply chain resilience amid the COVID-19 pandemic. 5. $CapitaLandInves(9CI.SI)$ The company announced a refreshed 2030 sustainability master plan on July 12, 2023, which outlines its environmental, social and governance (ESG) goals and initiatives to create long-term value for its stakeholders. The company reported a net profit of 214 million SGD for the fourth quarter of 2022, compared to a net loss of 1.57 billion SGD in the same period last year, driven by improved operating performance and fair value gains. The company benefited from the recovery of office demand and rental rates in its key markets, such as Singapore, China and Japan, as the COVID-19 pandemic situation eased and vaccination rates increased. The SG earnings for next week: