To The Moon

DBS remains on track!  - Still in a tapering controlled sell channel - Continued testing of lower end of the channel - 30.50 indeed is one key level as so far, every poke below has bounced back to stay above or start above - Will continue my tactical Dollar cost averaging between 30.50 and 29.41 - Will see how the basing formation happen too - Near term resistance is also at 32.12 (unlikely to break above for some time) DBS Daily Chart UOB remains on track!! - Has been building on an area of balance (27.74 to 28.47) - As in all range plays, it will either go into upper or lower range - So far, it has not broken through 27.74 since mid May - 27.74 has provided a good support with the possible Inverse Head and Shoulder formation - A range down would go 27 which basically further reinf

As of the close on Friday, $Straits Times Index(STI.SI)$ closed at 3,166.30 points, down 1.28% points last week.During the last 5 trading days, $AEM HOLDINGS LTD(AWX.SI)$, $FRASERS LOGISTICS & IND TRUST(BUOU.SI)$, $SEMBCORP INDUSTRIES LTD(U96.SI)$, $IFAST CORPORATION LTD.(AIY.SI)$ and $TOP GLOVE CORPORATION BHD(BVA.SI)$ are the top 5 Weekly gainers, up 7.02%, 6.67%, 5.92%, 3.31% and 3.08% respectively.$SHANGRI-LA ASIA LIMITED(S07.

Global debt: $305 trillion:• Corporations: $161.7 trillion• Government: $85.7 trillion• Individuals: US$57.6 trillionWhich countries have the most debt?• US $30.11T• China $14T• Japan $10.17• France $3.14T• Italy $2.87T• India $2.7TWhich countries have enough money to pay back debts?Any value greater than 100 percent indicates a country is spending more than it is making.Debt to GDP ratio:• Japan 239.1%• Greece 197%• Singapore 165.1%• Italy 134.8%• US 116.1%Singapore is in a unique position: $Straits Times Index(STI.SI)$ • When a bank receives a deposit from a saver, this is recorded as a liability on its books as it is considered as a "loan" from the saver. When the bank lends out the money, this is recorded in its books as an "asset" because

The world of investing is constantly evolving, and the Singapore Exchange (SGX) has recently launched the Singapore Depository Receipts (SDRs). SDRs present a unique opportunity for Singapore investors to broaden their investment horizons and tap into the potential of companies from other countries. Acting as a bridge between Singapore investors and foreign companies, SDRs provide a convenient and simplified method for accessing international markets. In this comprehensive guide, we will explore the intricacies of investing in Singapore Depository Receipts (SDRs). We will delve into the benefits and potential risks associated with this new investment instrument, and include a list of FAQs to help investors gain a better understanding about SDRs. What are SDRs? You might have heard of Ameri

The Technology Sector comprises 22% of the FTSE All-World Index and 55% of the FTSE Taiwan RIC Capped Index, and has been a key driver of the Indices respective YTD SGD price gains of 9% and 17%.  During this time, the Semiconductor Industry has contended with an inventory correction that began in 2H22, while persistent inflation and decelerating growth have reduced consumer electronics demand.Recently, semiconductor companies have been increasingly contrasting the 2023 overcapacity and chip glut with the potential demand for semiconductors and semiconductor services spurred by Artificial Intelligence (“AI”) applications in 2024 and 2025. Deloitte maintain that Generative AI has “diverse applications across all industries, ranging from market research and note-taking, to enhancing cus

Share buybacksThere were 18 companies conducting share buybacks over the five trading sessions through to May 25, with a total consideration of S$22.1 million, following the S$40.6 million filed for the preceding five sessions.UOB $UNITED OVERSEAS BANK LIMITED(U11.SI)$ led the five-session consideration tally, buying back 360,000 shares acquired at an average price of S$27.92 per share.Between May 8 and 25, UOB has bought back 1,008,000 shares, representing 0.06% of its issued shares (excluding treasury shares).UOB noted in March that its buyback mandate provides it the flexibility to undertake the purchase or acquisition of its issued shares as and when appropriate to help achieve three objectives.Firstly, the buybacks provide a means to assist

Among the constituents of the Straits Times Index, three S-Reits are members of the Mapletree family – Mapletree Pan Asia Commercial Trust $Mapletree PanAsia Com Tr(N2IU.SI)$ , Mapletree Logistics Trust $MAPLETREE LOGISTICS TRUST(M44U.SI)$ , and Mapletree Industrial Trust $MAPLETREE INDUSTRIAL TRUST(ME8U.SI)$ – and they make up a third of S-Reits’ representation in the index.S-Reits that are members of the Mapletree familyMapletree Pan Asia Commercial Trust (MPACT) invests primarily in commercial assets for office and retail purposes across five key Asian markets, with total assets under management (AUM) of S$16.6 billion.Mapletree Logistics Trust (MLT)

In view of 2H23 reduction in taxi rental discounts and potential benefits from the annual indexation of foreign bus contracts, investors can look forward to some improvement in earnings. However, with inflation and escalating wages, it might take the company some time to stabilise it's cost base. Also, it's various acquisitions that took place in the past 18 months across Singapore, UK and Australia will take time to boost its business capabilities and performance. So fellow investors of $COMFORTDELGRO CORPORATION LTD(C52.SI)$ , let's wait patiently while the company takes us up in the road fo future recovery! @CaptainTiger @M

- Disclaimer ==> It is NOT bearish until it is bearish (Yes, there is HnS, but until it breaks neckline of 12/12.18, it is NOT bearish yet.  - In a recent consistent controlled buy channel - Approaching an interesting level  - Bullish - Support at 12/12.18, and we could see the path back upwards with 12.56 resistance - Bearish - Break below 12/12.18, could see 11+ come into play My Watch/Plays - Might consider small nibble in between 12 and 12.18 - Will look at whether 12 holds and if not, then will be interested in 11.74 down to 11.14 Note any severe bearishness see good support at 10.38 once 11.14 gives way. @Deposit  @melson  

Daily Chart (Zoomed out) - Key support ranges are  - 25 to 27  - 23 to 24 - 18 to 20 Daily Chart (Zoomed in) - In a sell channel so it is not reversed upwards until it actually does - 27 is a good support level for now - Lower trend channel is a good accumulation trend until 27 - 25 to 27 is quite a good support region, so, so if any breaks below will go to about 23 My Watches/Plays - Will accumulate between 27.74 to 27 but cautiously (small amounts) - If MA5 cross above MA20 well, I will look to accumulate at 28 Good luck, all.  Note that my approach is DCA-ing so I accumulate 100 shares at a time.  And I go with support levels and also how pullbacks happen as the foundation is firming. @Deposit  

Daily Chart (zoomed out) - Good support ranges (24.50 to 27.13 and 28.54 to 30.50) - My plan of accumulation will happen in these ranges (increasing in nature in the lower range) Daily Chart (zoomed in) - Longer term perspective ==> Can see a tapering (less steep) sell channels ==> some form of bottoming or near term bottoming - Price action are starting to stay above MA5 (near term positive) - MA5 are coming close to MA20 (near term positive) - Resistances coming up at MA50 & channel (32+) My Watches/Plays - Had started dollar cost averaging in (caught some at 30.40) ==> bottom of sell channel and cross with 30.50 support level) - If price action stays above MA5 and MA5 cross above MA20 ==> my accumulation continues with base of 31.33 - If rejection at MA50 ==> I will

$NIO Inc.(NIO)$ $NIO Inc.(NIO.SI)$ $NIO-SW(09866)$ Longs have a great way not to lose money. THEY DONT SELL. Cash rich longs are laughing their tails off and scooping up retail stops at a 900% Discount. Talk all the smack you want. NIO will see $80 by Oct $130 this time next year.Everyone ready for when the Chinese get tired of seeing NIO and XPEV $XPeng Inc.(XPEV)$ kicked around and decide to start buying blocks faster then the dark pools can cover them ? Its only a matter of time. watch and see

$NIO Inc.(NIO)$ $NIO Inc.(NIO.SI)$ $NIO-SW(09866)$ Who ever is betting that a company with 13 bil market cap and 4 bil cash with support from govt is going to go bankrupt? NIO has been performing bad for last two years and had very valid reasons for that. Covid, war and then retooling and moving to NT 2.0 platform. Now all of that is done! You guys are running out of time. Cover or pay 20$ in two months. June earnings may not be as good but starting July when the numbers for June start coming, you will see anything between 18-20k deliveries loaded $5,000 in the canon. Anyone else in here with me? Previously in 2020 I bought at $8 and sold at $36 and the first d

$NIO Inc.(NIO)$ $NIO Inc.(NIO.SI)$ $NIO-SW(09866)$ maybe it will happen The same with the new ec6 and ET5 Orion, the preparation for production may affect the sales of the models already available, everything will depend on the production capacity that Nio possessed at that time. Perhaps that is why they will not be available until the end of the year. When this happens, everyone will already use the nt2 platform and Nio will be there for 2 or 3 years or even 4 until they update the models again, perhaps this will reduce the investment in R&D that has been high but justified. and they will only dedicate themselves to selling cars

The World Economic Forum noted that global tourism rebounded strongly in 2022, with international tourist arrivals more than doubled when compared to the previous two years. As international travel continues to pick up, Singapore’s tourism sector has seen similar growth momentum. Data from the Singapore Tourism Board (STB) showed that Singapore’s visitor arrivals in April 2023 surpassed 1.1 million, the highest in a month since the pandemic, bringing the total number of visitor arrivals in 2023 to over 4 million as of 30 April. Tourism and Hospitality Stocks Benefit from Recovery Momentum With China’s reopening and the increase in international flight capacities, STB estimated that international visitor arrivals to Singapore would be in the range of 12 to 14 million in 2023, with full tou

$NIO Inc.(NIO)$ $NIO Inc.(NIO.SI)$ $NIO-SW(09866)$ The big players finally got the stock price low enough so they could load up , took a while, $7 was the bottom. The company is much stronger today than it was when it was at $60. It will grind higher now and it could be very dramatic. It will be very painful for those who sold recently.NIO’s performances should start in July! Get ready and get set! If management projections were correct, we should ramp up to > 20,000 EVs sales starting July - that happens the stock will see $20s REALLY FAST!

$NIO Inc.(NIO)$ $NIO Inc.(NIO.SI)$ $NIO-SW(09866)$ Imagine when the EV is in the high volume. Charging station will be in high demand and won’t be available especially in many major cities. Battery swapping is the lower cost and a better solution than the fast charging stations. NIO will correct its value to be higher by itself in a long term. The example of this solution is already applied in the electric motorcycle industry. 2020 is happening again right in front of you. NIO added 1200% May -Nov . Its going to happen again. mark my words

Across all sectors of the Singapore stock market, the past 20 weeks have seen the Industrials Sector book the highest increase in daily trading turnover (in absolute SGD terms) as compared to 2022. Seatrium $Seatrium(S51.SI)$ has been a key driver of the increase in the Sector-level increase in trading activity, following the completion of the combination of Sembcorp Marine and Keppel Offshore & Marine in February. The combined entity was formed to create a premier global player with its deep engineering heritage, to offer products, services and solutions to meet today and tomorrow’s energy needs. According to the 1QFY23 business update, renewables and cleaner/green solutions currently comprise approximately 39% of the Seatrium group’s

What is Thailand-Singapore Depository Receipts (SDR)Thailand-Singapore DR Linkage is securities market cooperation via Depository Receipts between Singapore Exchange (SGX) and The Stock Exchange of Thailand (SET).Under the Thailand-Singapore DR Linkage, Depository Receipts (DR) representing shares in an SGX-listed security will be issued for trading on SET and vice versa. Investors in Thailand and Singapore will benefit from the ease of buying and selling securities via a DR through their local broker arrangements and in their domestic currency. Click here for More information.In short, as is what US ADR is doing, Singapore-based investors could

DBS remains on track!  - Still in a tapering controlled sell channel - Continued testing of lower end of the channel - 30.50 indeed is one key level as so far, every poke below has bounced back to stay above or start above - Will continue my tactical Dollar cost averaging between 30.50 and 29.41 - Will see how the basing formation happen too - Near term resistance is also at 32.12 (unlikely to break above for some time) DBS Daily Chart UOB remains on track!! - Has been building on an area of balance (27.74 to 28.47) - As in all range plays, it will either go into upper or lower range - So far, it has not broken through 27.74 since mid May - 27.74 has provided a good support with the possible Inverse Head and Shoulder formation - A range down would go 27 which basically further reinf

As of the close on Friday, $Straits Times Index(STI.SI)$ closed at 3,166.30 points, down 1.28% points last week.During the last 5 trading days, $AEM HOLDINGS LTD(AWX.SI)$, $FRASERS LOGISTICS & IND TRUST(BUOU.SI)$, $SEMBCORP INDUSTRIES LTD(U96.SI)$, $IFAST CORPORATION LTD.(AIY.SI)$ and $TOP GLOVE CORPORATION BHD(BVA.SI)$ are the top 5 Weekly gainers, up 7.02%, 6.67%, 5.92%, 3.31% and 3.08% respectively.$SHANGRI-LA ASIA LIMITED(S07.

The world of investing is constantly evolving, and the Singapore Exchange (SGX) has recently launched the Singapore Depository Receipts (SDRs). SDRs present a unique opportunity for Singapore investors to broaden their investment horizons and tap into the potential of companies from other countries. Acting as a bridge between Singapore investors and foreign companies, SDRs provide a convenient and simplified method for accessing international markets. In this comprehensive guide, we will explore the intricacies of investing in Singapore Depository Receipts (SDRs). We will delve into the benefits and potential risks associated with this new investment instrument, and include a list of FAQs to help investors gain a better understanding about SDRs. What are SDRs? You might have heard of Ameri

Global debt: $305 trillion:• Corporations: $161.7 trillion• Government: $85.7 trillion• Individuals: US$57.6 trillionWhich countries have the most debt?• US $30.11T• China $14T• Japan $10.17• France $3.14T• Italy $2.87T• India $2.7TWhich countries have enough money to pay back debts?Any value greater than 100 percent indicates a country is spending more than it is making.Debt to GDP ratio:• Japan 239.1%• Greece 197%• Singapore 165.1%• Italy 134.8%• US 116.1%Singapore is in a unique position: $Straits Times Index(STI.SI)$ • When a bank receives a deposit from a saver, this is recorded as a liability on its books as it is considered as a "loan" from the saver. When the bank lends out the money, this is recorded in its books as an "asset" because

The Technology Sector comprises 22% of the FTSE All-World Index and 55% of the FTSE Taiwan RIC Capped Index, and has been a key driver of the Indices respective YTD SGD price gains of 9% and 17%.  During this time, the Semiconductor Industry has contended with an inventory correction that began in 2H22, while persistent inflation and decelerating growth have reduced consumer electronics demand.Recently, semiconductor companies have been increasingly contrasting the 2023 overcapacity and chip glut with the potential demand for semiconductors and semiconductor services spurred by Artificial Intelligence (“AI”) applications in 2024 and 2025. Deloitte maintain that Generative AI has “diverse applications across all industries, ranging from market research and note-taking, to enhancing cus

Share buybacksThere were 18 companies conducting share buybacks over the five trading sessions through to May 25, with a total consideration of S$22.1 million, following the S$40.6 million filed for the preceding five sessions.UOB $UNITED OVERSEAS BANK LIMITED(U11.SI)$ led the five-session consideration tally, buying back 360,000 shares acquired at an average price of S$27.92 per share.Between May 8 and 25, UOB has bought back 1,008,000 shares, representing 0.06% of its issued shares (excluding treasury shares).UOB noted in March that its buyback mandate provides it the flexibility to undertake the purchase or acquisition of its issued shares as and when appropriate to help achieve three objectives.Firstly, the buybacks provide a means to assist

Among the constituents of the Straits Times Index, three S-Reits are members of the Mapletree family – Mapletree Pan Asia Commercial Trust $Mapletree PanAsia Com Tr(N2IU.SI)$ , Mapletree Logistics Trust $MAPLETREE LOGISTICS TRUST(M44U.SI)$ , and Mapletree Industrial Trust $MAPLETREE INDUSTRIAL TRUST(ME8U.SI)$ – and they make up a third of S-Reits’ representation in the index.S-Reits that are members of the Mapletree familyMapletree Pan Asia Commercial Trust (MPACT) invests primarily in commercial assets for office and retail purposes across five key Asian markets, with total assets under management (AUM) of S$16.6 billion.Mapletree Logistics Trust (MLT)

In view of 2H23 reduction in taxi rental discounts and potential benefits from the annual indexation of foreign bus contracts, investors can look forward to some improvement in earnings. However, with inflation and escalating wages, it might take the company some time to stabilise it's cost base. Also, it's various acquisitions that took place in the past 18 months across Singapore, UK and Australia will take time to boost its business capabilities and performance. So fellow investors of $COMFORTDELGRO CORPORATION LTD(C52.SI)$ , let's wait patiently while the company takes us up in the road fo future recovery! @CaptainTiger @M

Daily Chart (zoomed out) - Good support ranges (24.50 to 27.13 and 28.54 to 30.50) - My plan of accumulation will happen in these ranges (increasing in nature in the lower range) Daily Chart (zoomed in) - Longer term perspective ==> Can see a tapering (less steep) sell channels ==> some form of bottoming or near term bottoming - Price action are starting to stay above MA5 (near term positive) - MA5 are coming close to MA20 (near term positive) - Resistances coming up at MA50 & channel (32+) My Watches/Plays - Had started dollar cost averaging in (caught some at 30.40) ==> bottom of sell channel and cross with 30.50 support level) - If price action stays above MA5 and MA5 cross above MA20 ==> my accumulation continues with base of 31.33 - If rejection at MA50 ==> I will

Daily Chart (Zoomed out) - Key support ranges are  - 25 to 27  - 23 to 24 - 18 to 20 Daily Chart (Zoomed in) - In a sell channel so it is not reversed upwards until it actually does - 27 is a good support level for now - Lower trend channel is a good accumulation trend until 27 - 25 to 27 is quite a good support region, so, so if any breaks below will go to about 23 My Watches/Plays - Will accumulate between 27.74 to 27 but cautiously (small amounts) - If MA5 cross above MA20 well, I will look to accumulate at 28 Good luck, all.  Note that my approach is DCA-ing so I accumulate 100 shares at a time.  And I go with support levels and also how pullbacks happen as the foundation is firming. @Deposit  

- Disclaimer ==> It is NOT bearish until it is bearish (Yes, there is HnS, but until it breaks neckline of 12/12.18, it is NOT bearish yet.  - In a recent consistent controlled buy channel - Approaching an interesting level  - Bullish - Support at 12/12.18, and we could see the path back upwards with 12.56 resistance - Bearish - Break below 12/12.18, could see 11+ come into play My Watch/Plays - Might consider small nibble in between 12 and 12.18 - Will look at whether 12 holds and if not, then will be interested in 11.74 down to 11.14 Note any severe bearishness see good support at 10.38 once 11.14 gives way. @Deposit  @melson  

The World Economic Forum noted that global tourism rebounded strongly in 2022, with international tourist arrivals more than doubled when compared to the previous two years. As international travel continues to pick up, Singapore’s tourism sector has seen similar growth momentum. Data from the Singapore Tourism Board (STB) showed that Singapore’s visitor arrivals in April 2023 surpassed 1.1 million, the highest in a month since the pandemic, bringing the total number of visitor arrivals in 2023 to over 4 million as of 30 April. Tourism and Hospitality Stocks Benefit from Recovery Momentum With China’s reopening and the increase in international flight capacities, STB estimated that international visitor arrivals to Singapore would be in the range of 12 to 14 million in 2023, with full tou

What is Thailand-Singapore Depository Receipts (SDR)Thailand-Singapore DR Linkage is securities market cooperation via Depository Receipts between Singapore Exchange (SGX) and The Stock Exchange of Thailand (SET).Under the Thailand-Singapore DR Linkage, Depository Receipts (DR) representing shares in an SGX-listed security will be issued for trading on SET and vice versa. Investors in Thailand and Singapore will benefit from the ease of buying and selling securities via a DR through their local broker arrangements and in their domestic currency. Click here for More information.In short, as is what US ADR is doing, Singapore-based investors could

As of the close on Friday, $Straits Times Index(STI.SI)$ closed at 3,202.59 points, down 0.19% points last week. During the last 5 trading days, $TOP GLOVE CORPORATION BHD(BVA.SI)$, $YANGZIJIANG SHIPBLDG HLDGS LTD(BS6.SI)$, $DFIRG USD(D01.SI)$, $FIRST RESOURCES LIMITED(EB5.SI)$ and $SINGAPORE AIRLINES LTD(C6L.SI)$ are the top 5 Weekly gainers, up 9.38%, 7.63%, 7.37%, 6.47% and 6.10% respectively. $GENTING SINGAPORE LIMITED(G13.SI)$

Across all sectors of the Singapore stock market, the past 20 weeks have seen the Industrials Sector book the highest increase in daily trading turnover (in absolute SGD terms) as compared to 2022. Seatrium $Seatrium(S51.SI)$ has been a key driver of the increase in the Sector-level increase in trading activity, following the completion of the combination of Sembcorp Marine and Keppel Offshore & Marine in February. The combined entity was formed to create a premier global player with its deep engineering heritage, to offer products, services and solutions to meet today and tomorrow’s energy needs. According to the 1QFY23 business update, renewables and cleaner/green solutions currently comprise approximately 39% of the Seatrium group’s

Share buybacksThere were 18 companies conducting share buybacks over the five trading sessions through to May 18, with a total consideration of S$40.6 million, following the S$22.2 million filed for the preceding five sessions.Director and substantial shareholder transactionsThe five trading sessions saw 130 changes to director interests and substantial shareholdings filed for more than 40 primary-listed stocks.This included 13 company director acquisitions with five disposals filed, while substantial shareholders filed six acquisitions and four disposals.Share buybacks by primary listed companies 12 - 18 May 20231.United Hampshire US Reit $UtdHampshReitUSD(ODBU.SI)$On May 17, the CEO of United Hampshire US Reit Management, Gerard Yuen Wei Yi,

Capitaland Investment (CLI), one of Singapore’s largest global real estate investment managers, oversees S$133 billion in real estate asset under management (RE AUM) and S$89 billion in fund under management (FUM) as of Mar 31, 2023. CLI’s fund management business includes 36 private funds and six listed real estate investment trusts (Reits) and business trusts, of which five are listed in Singapore.CapitaLand Investment’s (CLI) Singapore-listed Reits and business trusts1. $ASCENDAS REAL ESTATE INV TRUST(A17U.SI)$ Aside from CapitaLand Ascendas Reit (CLAR) $ASCENDAS REAL ESTATE INV TRUST(A17U.SI)$ which did not disclose financial results in a first-quarter 2023 business update, CLI noted that severa

DBS Group Holdings ("DBS") $DBS GROUP HOLDINGS LTD(D05.SI)$ , Oversea-Chinese Banking Corp ("OCBC") $OVERSEA-CHINESE BANKING CORP(O39.SI)$ and United Overseas Bank ("UOB") $UNITED OVERSEAS BANK LIMITED(U11.SI)$ have averaged 32% total returns since the end of 2019, bringing their 10-year annualised total returns to 7.5% as of 12 May.For the 2023 year through to 12 May, the trio averaged 3.0% declines in total return, following 13.1% average total returns in 2022. Since the end of 2019, the trio have ranked fourth, seventh and tenth in current STI constituent highest returns since the end of 2019.Company NameCodeMkt Cap (S$M)12 May ClosePct Chg MTD %Pct Ch

As of the close on Friday, $Straits Times Index(STI.SI)$ closed at 3,208.55 points, down 1.78% points last week. The earnings calendar is attached at the end of the article.During the last 5 trading days, $TOP GLOVE CORPORATION BHD(BVA.SI)$, $GOLDEN AGRI-RESOURCES LTD(E5H.SI)$, $SHANGRI-LA ASIA LIMITED(S07.SI)$, $SIA ENGINEERING CO LTD(S59.SI)$ and $BUMITAMA AGRI LTD.(P8Z.SI)$ are the top 5 Weekly gainers, up 8.47%, 5.88%, 5.22%, 4.95% and 4.39% respectively.

Earlier last week, CapitaLand Ascendas Reit (Clar) $ASCENDAS REAL ESTATE INV TRUST(A17U.SI)$ announced the proposed acquisition of an integrated high-specification research and development (R&D) facility and business park property from Seagate Singapore International Headquarters for a purchase consideration of S$218.2 million.The purchase represents a 5.1% discount to the independent market valuation of the property of S$230.0 million.This brings the total count to five acquisitions which have been announced this year to date ending May 18, with a combined value exceeding S$2 billion.These deals were made across various property types such as business parks, hotels, logistics, and retail assets, which span across Australia, India, Jap