To The Moon

As of the close on Friday, $Straits Times Index(STI.SI)$ closed at 3,282.30 points, down 1.38% points in the past 5 days.

During the last 5 trading days, $THE HOUR GLASS LIMITED(AGS.SI)$, $GOLDEN ENERGY AND RESOURCESLTD(AUE.SI)$, $FIRST SPONSOR GROUP LIMITED(ADN.SI)$, $FRASERS CENTREPOINT TRUST(J69U.SI)$ and $FIRST RESOURCES LIMITED(EB5.SI)$ are the top 5 Weekly gainers, up 8.17%, 4.94%, 3.88%, 3.27% and 3.27% respectively.

$KEPPEL CORPORATION LIMITED(BN4.SI)$, $HAW PAR CORP LTD(H02.SI)$, $SHANGRI-LA ASIA LIMITED(S07.SI)$, $TOP GLOVE CORPORATION BHD(BVA.SI)$ and $HUTCHISON PORT HLDGS TRUST S$(P7VU.SI)$ are top 5 decliners of SGX stocks which market capital above S$1 Bln.

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Below are performance since YTD and key analyses of the TOP 5 gainers:

1. $THE HOUR GLASS LIMITED(AGS.SI)$

The Hour Glass operates 50 boutiques in the Asia Pacific region selling a variety of luxury watches. The group carries popular Swiss watch brands such as Patek Philippe, Rolex, Hublot, and Omega.

If interest continues to remain high for high-quality mechanical watches, then THG should report higher revenue and net profit in FY2023. With higher free cash flow and better prospects, there is a good chance the luxury retailer will up the dividend.

2. $GOLDEN ENERGY AND RESOURCESLTD(AUE.SI)$

Golden Energy and Resources Limited, an investment holding company, engages in the exploration, mining, processing, marketing, and trading of metallurgical coal.

The company operates through Energy Coal, Metallurgical Coal, and Non-Coal Business segments.

In addition, it is involved in gold mining activities; and provision of management consultancy services, as well as invests in renewable energy projects. Golden Energy and Resources Limited operates in China, Indonesia, India, Japan, South Korea, Spain, the Philippines, the Netherlands, Cambodia, Malaysia, and internationally.

3. $FIRST SPONSOR GROUP LIMITED(ADN.SI)$

First Sponsor Group Logs Lower Profit, Revenue in July-December 2022. --First Sponsor Group's posted a profit attributable to equity holders of SG$59.9 million in the second half of 2022, up 14.1 from SG$52.5 million a year ago.

First Sponsor Group Limited, an investment holding company, invests in, develops, and sells residential and commercial properties in the People's Republic of China, Europe, and internationally. It operates through Property Development, Property Investment, Property Financing, and Hotel Operations segments. The company also provides interest-bearing loans to associates, joint ventures, and third parties. In addition, it is involved in the subscription of debt securities and vendor financing arrangements, as well as manufacturing, trading and distribution business. Further, it owns and operates hotels.

4. $FRASERS CENTREPOINT TRUST(J69U.SI)$

Frasers Centrepoint Trust is a leading developer-sponsored retail real estate investment trust (“REIT”) and one of the largest suburban retail mall owners in Singapore with total assets of approximately S$6.7 billion.

FCT's malls enjoy stable and recurring shopper footfall supported by commuter traffic and residential population in the catchment. FCT also holds a 31.15% stake in Hektar Real Estate Investment Trust, a retail-focused REIT in Malaysia listed on the Main Market of Bursa Malaysia Securities Berhad. FCT is index constituent of several benchmark indices including the FTSE EPRA/NAREIT Global Real Estate Index Series (Global Developed Index), FTSE ST Real Estate investment Trust Index, MSCI Singapore Small Cap Index and the SGX iEdge S-REIT Leaders Index.

5. $FIRST RESOURCES LIMITED(EB5.SI)$

First Resources Ltd. engages in the general trading and provision of technical assistance to its subsidiaries. It operates through the Plantation and Palm Oil Mills; and Refinery and Processing segments. The Plantations and Palm Oil Mills segment focuses on the cultivation and maintenance of oil palm plantations and operation of palm oil mills. The Refinery and Processing segment deals with the marketing and sale of processed palm based products produced from the refinery, fractionation and biodiesel plants, and other downstream processing facilities. The company was founded in 1992 and is headquartered in Singapore.