To The Moon

As of the close on Friday, $Straits Times Index(STI.SI)$ closed at 3,110.73 points, up 0.66% points last week. During the last 5 trading days, $OUE Com Reit(TS0U.SI)$, $Seatrium(S51.SI)$, $Genting Sing(G13.SI)$, $StarhillGbl Reit(P40U.SI)$ and $CapLand China T(AU8U.SI)$ are the top 5 weekly gainers, up 9.8%, 6.86%, 6.52%, 6.06% and 5.49% respectively. $TJ DaRenTang(T14.SI)$, $IFAST(AIY.SI)$, $SEMBCORP INDUSTRIES LTD(U96.SI)$, $PTT Exploration & Production NVDR(TPED.SI)$ and $DFIRG USD(D01.SI)$ are top 5 decliners of SGX stocks which market capital above S$1 Bln. Below are key analyses of the TOP 5 gainers: 1. $OUE Com Reit(TS0U.SI)$ The company reported a net income of 275.574M SGD and a revenue of 273.17M SGD for the fiscal Q2 2023 ended 6/30/23, which are higher than the previous quarter. The company announced a dividend yield of 8.20% for the fiscal year 2023, which is attractive for investors looking for income. The company completed a 10-month renovation of the Mandarin Orchard Singapore, a flagship property of the trust, which enhanced its value and appeal. 2. $Seatrium(S51.SI)$ The company announced a new CFO, Adrian Teng, who has extensive experience in the energy sector. The company completed the installation of a floating Energy Storage System (ESS) in Singapore, which is the first of its kind in Southeast Asia. The company received positive ratings from analysts, who forecasted a fair value of 0.18 SGD per share. 3. $Genting Sing(G13.SI)$ The company reported strong third-quarter results that included revenue and adjusted EBITDA well above 2019 levels. The company also increased its fair value estimate to SGD 0.98 per share from SGD 0.963. The company is expected to benefit from the recovery of the tourism and hospitality sector in Singapore, as the country eases its COVID-19 restrictions and resumes international travel. The company is forecast to grow its earnings by 11.49% per year, and analysts are in good agreement that the stock price will rise by 24.8%. 4. $StarhillGbl Reit(P40U.SI)$ The company announced a dividend of SGD 0.0162 per share on August 29, 2023, which represents a dividend yield of 7.68%. The company reported a net income of SGD 28.17 million and a revenue of SGD 188.19 million for the fiscal year 2023, which were higher than the previous year. The company has a low price-to-book ratio of 0.66 and a high return on assets of 2.81%, which indicate that the stock is undervalued and profitable. 5. $CapLand China T(AU8U.SI)$ The stock is displaying bullish character, meaning it rallies on increased volume and consolidates on reduced volume. This indicates a strong demand and a potential breakout to a higher price level. The stock has broken out of its bearish trend line and is showing signs of a reversal2. The stock has also formed higher lows, which suggests an upward momentum. The stock has a high dividend yield of 8.71%, which makes it attractive for income-seeking investors1. The stock also has a low price to earnings ratio of 14.25, which implies that it is undervalued compared to its earnings. The stock may benefit from the recovery of the Chinese economy and the retail sector, as well as the expansion of its portfolio with new acquisitions and developments.