To The Moon

Which SG stock gained the most attention in the Tiger community? Let’s look at the Top 10 Most Popular SG Stocks!

1. $SINGAPORE AIRLINES LTD(C6L.SI)$

Singapore Airlines Limited is a leading global airline with subsidiaries and a net-zero emissions target by 2050. The company faced challenges from the COVID-19 pandemic and the changing aviation industry in 2023, but implemented various measures to enhance its efficiency, service, and sustainability.

The company delivered a solid performance in 2023, with revenue, operating profit, net profit, earnings per share, return on equity, and dividend per share all increasing year-on-year. The company expects to face uncertainty and volatility in the future, but will continue to focus on its transformation strategy and leverage its strengths to capture the growth opportunities.

2. $DBS GROUP HOLDINGS LTD(D05.SI)$

DBS Group Holdings Ltd is the largest bank in Southeast Asia, offering various banking and financial services.

In 2023, the company utilized treasury shares for an employee incentive scheme on Nov 28, reported the Q3 2023 earnings release on Nov 5, paid an interim dividend on Nov 13, held an Annual General Meeting on Mar 31, reported the FY 2022 earnings release on Feb 12, and DBS Group Research suggested that it was time for investors to invest more in S-REITs.

3. $OVERSEA-CHINESE BANKING CORP(O39.SI)$

OCBC Bank is forecasted to grow earnings and revenue by 2.5% and 3.5% per annum respectively. This growth rate is above the savings rate (2%) and is expected to contribute to the rise in the stock price.

The bank is currently offering a strong dividend yield of 6.016% and has shown good dividend growth over the past five years.

4. $Seatrium(S51.SI)$

Seatrium reported a loss for the first half of 2023 due to provisions. The net loss was largely due to provisions for two projects in the US as well as professional fees related to its merger. Shareholders have been substantially diluted in the past year, which can lead to a decrease in the stock price.

The stock is trading at 50.1% below the estimate of its fair value, which suggests that the market may be undervaluing the stock.

5. $UNITED OVERSEAS BANK LIMITED(U11.SI)$

UOB underperformed the SG Banks industry over the past year. The company’s net income for the fiscal Q3 2023 ended 9/30/23 was reported to be 1.38B, a decrease of 1.50% year over year.

The net profit margin, which measures how much net income or profit is generated as a percentage of revenue, decreased by 5.80%.

6. $Singtel(Z74.SI)$

The company’s return on equity (ROE) is 7.9%, which is lower than the average industry ROE of 12%. Over the past five years, Singapore Telecommunications has seen a net income decline of 34%.

There has been increased competition and irrational discounting in the Singapore market, which could result in lower pricing and higher acquisition costs to defend market share. The stock is still on a long-term downtrend and has not broken out of the bear channel.

7. $Keppel Corp(BN4.SI)$

Keppel has seen a moderate net income growth of 14% over the past five years. The stock has been on a long-term uptrend, with a year-to-date return of 46.34%.

Keppel and Equitix invested €218m for 90% of Enpal’s German solar portfolio. This strategic investment could have positively impacted the stock price.

8. $SATS LTD.(S58.SI)$

Earnings are forecast to grow 87.09% per year. SATS’s revenue (15% per year) is forecast to grow faster than the SG market (3.8% per year).

SATS is expected to become profitable in the next 3 years. SATS has made several strategic moves, such as securing uncommitted bilateral facilities to help deal with the cancellation of an older revolving credit facility.

9. $YZJ Shipbldg SGD(BS6.SI)$

The company’s earnings have grown by 40.4% over the past year. Earnings are forecasted to grow 11.35% per year. The stock is trading at 20.9% below the estimated fair value.

The retail investors of the company hold a substantial portion of the shares, with Yangzijiang Shipbuilding at 43%. Analysts are in good agreement that the stock price will rise by 32.2%.

10. $Genting Sing(G13.SI)$

The company’s earnings have grown by 196.5% over the past year. Earnings are forecasted to grow 11.54% per year. The stock is trading at 60.6% below the estimated fair value.

The company exceeded the SG Hospitality industry which returned 0.1% over the past year.