To The Moon

As of the close on Friday, $Straits Times Index(STI.SI)$ closed at 3,836.02 points, down 2.00% points last week.

During the last 5 trading days, $NIO Inc.(NIO.SI)$, $JMH USD(J36.SI)$, $Frasers L&C Tr(BUOU.SI)$, $Frasers HTrust(ACV.SI)$ and $BYD HK SDR 10to1(HYDD.SI)$ are the top 5 weekly gainers, up 9.20%, 9.01%, 8.93%, 8.57% and 8.28% respectively.

$Top Glove(BVA.SI)$, $SEMBCORP INDUSTRIES LTD(U96.SI)$, $Bumitama Agri(P8Z.SI)$, $UOB(U11.SI)$ and $YZJ Shipbldg SGD(BS6.SI)$ are top 5 decliners of SGX stocks which market capital above S$1 Bln.

Below are key analyses of the TOP 5 gainers:

1. $NIO Inc.(NIO.SI)$

• Anticipation of Upcoming Earnings Report: Investors are optimistic ahead of NIO's scheduled earnings release on March 21, 2025. The company reported record electric vehicle deliveries, surpassing 31,000 units in December, indicating robust growth in the EV market.

• Expansion of Mass-Market Brands: NIO's introduction of its mass-market brands, Onvo and Firefly, has garnered positive attention. Onvo sales have commenced, and Firefly, a premium small electric vehicle priced from approximately $20,500, is currently open for preorders. These initiatives are expected to broaden NIO's market reach and drive future growth.

• Strategic Partnerships: The company announced an expansion of its strategic partnership with BASF Coatings, focusing on the exterior coatings of NIO vehicles. This collaboration aims to enhance product offerings and operational efficiencies, contributing to investor confidence.

2. $JMH USD(J36.SI)$

• Dividend Announcement: On March 10, 2025, the company declared a final dividend of US$1.65 per share, maintaining a total annual dividend of US$2.25 per share. This dividend is scheduled for payment on May 14, 2025, pending approval at the Annual General Meeting on May 2, 2025. Such consistent dividend payouts often bolster investor confidence, potentially leading to a rise in stock prices.

• Analyst Price Targets: Analyst projections have set a median 12-month price target of US$46.20 for Jardine Matheson, suggesting an anticipated increase of approximately 12.55% from the current share price. Positive analyst outlooks can attract investors, contributing to stock price appreciation.

• Shareholder Composition: Recent analyses indicate that individual investors hold a substantial 44% stake in the company, while institutional investors own 37%. This significant individual ownership may lead to more active trading and heightened interest in the stock, influencing its price movements.

3. $Frasers L&C Tr(BUOU.SI)$

• Recent Stock Performance: The stock has been on an upward trajectory, closing at S$0.90 on March 13, 2025, marking a 1.69% increase from the previous day. This rise is part of a broader positive trend, with the stock gaining 5.26% over the past two weeks.

• Analyst Discussions: The recent focus on Frasers Logistics & Commercial Trust in market reviews, such as the Weekly Market Review by Beansprout in partnership with the Securities Investors Association Singapore (SIAS), has brought attention to the stock. Such discussions can enhance investor interest and contribute to stock price movements.

• Attractive Valuation Metrics: As of March 10, 2025, the Price-to-Book (PB) ratio for Frasers Logistics & Commercial Trust stands at 0.75, close to its 10-year low. A lower PB ratio may indicate that the stock is undervalued, potentially attracting value-focused investors.

4. $Frasers HTrust(ACV.SI)$

• Speculation on Privatization: Market chatter and speculation regarding potential privatization have contributed to heightened investor interest. Discussions on platforms like ShareJunction have highlighted these rumors, which often lead to increased trading activity and stock price appreciation.

• Financial Performance: In its second-half FY2024 earnings report, FHT recorded a distribution per stapled security (DPS) of 1.1682 cents, a slight decrease of 0.8% year-on-year. While this indicates stable performance, the marginal decline may have been viewed positively by investors, considering the challenging market conditions.

• Sustainability-Linked Financing: The announcement of a $120 million sustainability-linked financing facility underscores FHT's commitment to sustainable practices and robust governance. This move may have enhanced investor confidence, contributing to the stock's rise.

5. $BYD HK SDR 10to1(HYDD.SI)$

• Successful Share Sale: BYD raised $5.6 billion through a primary share sale in Hong Kong, marking the largest such sale in the city in four years. The company sold 129.8 million shares at HK$335.20 each, representing an 8% discount to the prior day's closing price. The proceeds are intended to fund research and development, overseas expansion, and general corporate purposes.

• Advancements in Autonomous Driving Technology: BYD announced plans to implement advanced driver-assistance technology, known as "The God's Eye," in most of its vehicles at no additional cost to consumers. This feature includes hands-free highway driving, automatic emergency braking, and parking assistance, positioning BYD competitively in the autonomous-driving market.

• Strong Overseas Expansion: The company is actively expanding its international presence, with plans to establish production lines in Hungary, Turkey, and Brazil. This strategic move aims to bolster BYD's global market share and reflects its commitment to becoming a significant player in the global electric vehicle market.