$Sea Ltd(SE)$ sea has reported earnings that have beaten the market in the previous quarters, and is expected to beat the market on 11/11 again, a date shich reminds the market how dominant they are in ecommerce (shopee) in south east asia. This is why its shares have already risen 500%, and more upside is likely.
$COMFORTDELGRO CORPORATION LTD(C52.SI)$ From an investment point of view, comfort is a great buy at current price levels for the long term. People are still going to take buses and trains worldwide in a recession, and fares will go up. Comfort taxi drivers drive for a living and will hold on to their taxis regardless of economy. Their car rental business will do better as people sell their cars and turn to rent. It is also a rare stock flashing undervaluation in all 3 valuation matrics in our app.
$CityDev(C09.SI)$ boardroom fight means the company highly likely lacks leadership, focus and direction on their business. Good chance share will retest $2-$2.4 long term support which the share price has rebounded off multiple times in the past 30 years. Breaking $2 will be highly bearish.
$Seatrium Ltd(5E2.SI)$ Won alot of high value contracts in the past few months. Shares traded as low as 7.6cents before consolidating and soaring to 136 cents today. Expect former strong resistance turned support at around 14.5 cents to hold.
$Genting Sing(G13.SI)$ really weak price action despite trading at less than 1/3 of its value 20years ago. Losses are even greater given inflation. Shocking for a debt free cash cow.
$Straits Times Index(STI.SI)$ If you look at the monthly chart you can see that sti index is still sloping upwards. Dbs is still trading above $30. Singtel recently soared and convincingly broke $2.50 resistance. Before covid, even $25 is high. I believe sti will continue to rise and eventually break record highs.
$LION OCBC HSTECH ETF S$(HST.SI)$ Hong kong tech stocks are now trading at multi decade lows, yet their companies have grown much much bigger over the years. China’s gdp per capita 2023 vs 2007 is … yet the stock market… and stocks in hstech index aren’t any junk fly by night companies, they are behemoths and very much part of the everyday lives of people! Yet they are currently priced like they are in a terminal decline!
$HAIDILAO(06862)$ Wow. Such result after massively increasing employees' pay is unbelievable, especially after rivals all report losses or huge drop in profits. Turnover per table hits a dizzying 4.2 when rivals are all experiencing a drop in table turnover rate. Incredible.
$WILMAR INTERNATIONAL LIMITED(F34.SI)$ Wilmar is expected to rise tomorrow as the company achieved improved 9 month profitscompared to the same period last year. the increase in profit is less than expected but short term broader market sentiment is bullish, which will likely put off short sellers.
Disagree. I myself have been buying less and less from Shopee now because their customer service is atrocious ever since they announce cost cutting measures.