Portfolio as of 15 Jan 2021.Bought Valuetronics at $0.595 in late December. There has recent trend of privatisations of contract manufacturers, including Sunningdale, Hi-P and CEI Ltd, and I think that the sector deserves more attention. At the moment, I do not think Valuetronics represents an immediate takeover target, as insiders only own c.25% of the outstanding shares, as compared to Hi-P, where the insiders owned 83.% of the company when they made the privatisation offer. However, with a high net cash balance, strong track record of profitability, expansion plans in Vietnam and an improving macro situation with Biden expected to de-escalate US-China trade tensions, I believe that it may still represent an attractive company which may draw the interest of private equity firms, as the c

The STI gained 27 points or 0.9% at 2,848.98 last week; Prices seem to be drifting after the rally in Nov and early Dec; Support continued to come from positive vaccine news; Pressure continued to come from negative economic developments; Hi-P’s boss made privatization offer; Value of privatizations this year has exceeded total in 2019; UK’s Revolut aims to offer commission-free stock trading here; NutryFarm’s shares were in play, drew SGX query Prices have run up strongly already, so market now in “consolidation phase’’ An element of “buy in anticipation, sell on news’’ may be creeping into daily trading now that markets have already rallied strongly ahead of positive developments such as the conclusion of the US Presidential elections which has given rise to hopes of

REITs are a favourite investment for Singapore investors. They payout 90% of their income as distributions, thus giving investors a relatively good yield on their investment. Being property-driven investments, we can also see its allure among Singapore investors. In the early part of 2020, REITs prices crashed along with many global investments when COVID-19 uncertainties were at its highest. In the table below, we can see that from the start of the year to its lowest point in mid-March, prices dropped close to 35%. It has since rebounded strongly, but still losing over 6% of its value in the year-to-date 2020. Source: SGX While this represents the entire REIT market in Singapore, there are still individual REITs that have performed better – especially since the recovery of hospitality

On 4 December 2020, the Monetary Authority of Singapore announced four successful digital bank applicants. The two winners of the full digital bank license were a consortium between Grab & Singtel and Sea Limited. Two other companies won the Digital Wholesale Bank license – a consortium comprising Greenland Financial Holdings, Linklogis Hong Kong, and Beijing Co-operative Equity Investment Fund Management and the Ant Group. Being a global financial hub, winning the licenses would be material to the future growth prospects of these companies. In this week’s edition of 4 Stocks This Week, we look at some listed companies that were vying for the digital bank licenses and how their stock prices have performed this year and since the announcement. Singtel (SGX:Z74) After what has b

In November 2020, Singapore stocks rebounded strongly with the Straits Times Index (STI) posting a 16.2% total return. This was the strongest monthly gain recorded since May 2009 – over a decade ago. Of course, this coincided with a global rally on the back of positive vaccine developments. On the back of this, many work-from-home stock winners – healthcare and technology – saw weaker performances as investors rotated into recovery plays in the broader market. Within the top 100 most traded companies in Singapore, 4 of 5 best performing stocks in November comprised non-STI stocks. We spotlight these companies in this week’s edition of 4 Stocks This Week. Read Also: Is Investing Too Complicated? 3 Simple Tricks To Develop Investing Habits Broadway Industrial Group (SGX: B69) Founded

  Over the past 2 weeks, we have seen some 𝐛𝐮𝐥𝐥𝐢𝐬𝐡 𝐫𝐞𝐯𝐞𝐫𝐬𝐚𝐥 𝐚𝐜𝐭𝐢𝐨𝐧𝐬 coming back in the SG Tech stocks.   Hi-P was one of them covered about a month back and have since pushed higher by more than 20% and hit our targets. 😎   So can there still be more upside for this counter?👌   Or maybe another 𝐍𝐄𝐖 𝐜𝐨𝐮𝐧𝐭𝐞𝐫 𝐜𝐚𝐥𝐥𝐞𝐝 𝐅𝐫𝐞𝐧𝐜𝐤𝐞𝐧 that just came to our watchlist last week after a period of hiatus?   Joey here, Top Tier Remisier in Phillip Securities.   Watch this video all the way to the end as I analyze these 3 counters for you and why we may still see more strength if certain levels are breached furthe

  Over the past 1-2 weeks, we have seen some selling pressure coming back in the Singapore Tech sector with stocks like AEM, UMS, Frencken, Hi-P selling down..😬   Some trading down more by 𝐦𝐨𝐫𝐞 𝐭𝐡𝐚𝐧 𝟏𝟎%, while some holding relatively well despite the weakness..   So what is the reason for ALL this selling and more importantly,   Are they still in an uptrend in the short term? 🤦     Hey there, Joey here, Top Tier Remisier in Phillip Securities.   Watch this video as I dived into each of the 4 popular Tech stocks above and see 𝐰𝐡𝐞𝐫𝐞 𝐰𝐞 𝐚𝐫𝐞 𝐍𝐎𝐖 from the charts..   There are some which are 𝐌𝐎𝐑𝐄 𝐁𝐄𝐀𝐑𝐈𝐒𝐇 then others whil

𝐀𝐧𝐨𝐭𝐡𝐞𝐫 𝟏𝟏% 𝐮𝐩𝐬𝐢𝐝𝐞 𝐭𝐨 𝐭𝐡𝐢𝐬 𝐜𝐨𝐮𝐧𝐭𝐞𝐫 𝐩𝐨𝐬𝐬𝐢𝐛𝐥𝐞? 🤞We were alerted to this stock Hi-P about 2 weeks back when the SG stock sector was starting to see some strength..👀Things were looking quite bullish on the move above the psychological 1.00 level..and hence, some targets were drawn to the upside..Hey guys, Joey here, Top Tier Remisier in Phillip Securities.𝙏𝙖𝙧𝙜𝙚𝙩 𝙬𝙖𝙨 𝙁𝙞𝙧𝙨𝙩 𝙩𝙤 1.10 𝙩𝙝𝙚𝙣 𝙩𝙤 1.25.. (See what I mean)👆Well, over the past week, we have only HIT the FIRST target!The Question Is:"Can the 𝟮𝗡𝗗 𝘁𝗮𝗿𝗴𝗲𝘁 𝘀𝘁𝗶𝗹𝗹 𝗯𝗲 𝗼𝗻 𝗧𝗿𝗮𝗰𝗸𝗲�

Just 2 weeks back, we saw Hi-P approaching the 1.10 key support bearishly..This support at 1.10 has been holding for more than a year but sellers were attempting to head towards it and potentially break it!There were already some signs of weakness with trend indicators all starting to point down and henceSome targets were drawn to the downside to 1.10 first and a potential breakdown to a 2nd target to 0.90..See what I mean below…Market was starting to get weaker and any bearish price actions at the support level can see prices coming off sharply..More for CFD shorts to ride downside..Just last week, we broke the 1.10 support and even the 1.00 psychological level don’t seems like it can hold well..Targets were again reiterated on this break down.To 0.900 then 0.700...Buyers were j