To The Moon

When Indonesia Bleeds, Which SGX Names Feel It? | EP1661🦖 Everyone is staring at Jakarta’s index, but the real stress test is happening inside SGX names that look “safe” on headline yield. A palm oil counter with plantations in Indonesia and a yard operator with Batam assets do not wear the same currency risk, even though they sit in the same macro storm. The difference is whether your Singapore dollar dividend is powered by US dollar revenue or by rupiah cash flows that are quietly shrinking. If your retirement plan leans on a 4.7 percent hurdle to beat CPF and SRS, you cannot treat all Indonesia exposure as one bucket. One stock clears my forensic filters while another one needs a closer watch.....

SGX Daily Pulse: Singapore's #1 Ranking Can't Outrun Inflation | EP1662 🦖 ingapore just reclaimed the “world’s most competitive economy” crown, but the investor who plays it safe with cash is suddenly on the wrong side of the numbers. When 6‑month T‑bills are paying about 1.48 percent while private economists are lifting their core inflation forecasts to around 2 percent, the textbook definition of “risk free” quietly turns into a guaranteed loss in real purchasing power for anyone sitting on large CPF OA, SRS cash, or idle bank deposits. For a 55‑year‑old in Bedok, the question is no longer whether Singapore is doing well, it is whether your personal balance sheet is keeping up with the new inflation path when your safest options are yielding less than the rising cost of groceries and hea

You Have S$200,000 Outside CPF. Now What? | EP1643🦖 Most people treat SRS as a gentle top-up to their retirement, but the structure quietly punishes anyone who treats it like a fixed deposit. The real leak is not the tax relief, it is the dead cash sitting at 0.05% while your CPF Special Account is still grinding away at 4.0% as a guaranteed floor. The scary part is that the system is working exactly as designed, the damage only shows up a decade later when you finally need the income. If you are 55 with S$100,000 stuck in SRS cash, the gap between 0.05% and even a basic CPF-style 4.0% compounding over ten to fifteen years is not a rounding error, it is tens of thousands of dollars in lost retirement firepower. And because only 50% of your SRS withdrawals are taxable within that 10-year wi

MAS Inflation Survey June 2026 — Your 4.7% Hurdle Just Got Harder | EP1660🦖 When you look at your SRS statement and see a “safe” 5 to 6 percent yield, do you ever ask how much of that is just inflation quietly clawing it back? The new MAS survey of professional forecasters just lifted its inflation expectations, yet every broker report still shouts the nominal yield in big font and hides the real return in the fine print. That gap between what feels safe and what is actually happening to your monthly spending power is where too many retirement plans drift off course. 📺 YouTube: https://youtu.be/b4ugoKvwK50 📩 Substack: https://investingiguana.com/p/mas-inflation-survey-june-2026-your

SIA Traffic Miss, Elite UK REIT Halt, AI Surge Hits SGX | SGX Daily Pulse 16 Jun | EP1658 🦖 Everyone is staring at SIA’s 2.4 percent price pop and the “4.9 percent traffic growth” headline, but the more important story is quietly hiding in the empty seats. When capacity grows 5.3 percent and traffic lags behind, the load factor slips and every flight earns less per seat, even if Changi looks busy on a Sunday night. That is the kind of soft pressure that does not show up in your brokerage app, but slowly eats into the income story you thought was rock solid. If you are leaning on SIA, REITs, or the local banks for CPF or SRS payouts, this is where a forensic lens matters more than the green arrows. A 3.2 percent cargo demand uptick cannot fully offset passenger softness, and one surprise tr

Will the US-Iran Truce Actually Save Your SGX Dividends? | EP1657🦖 Everyone is cheering this US and Iran “peace deal” because oil dropped and Asia ripped higher overnight, but that is not how balance sheets work. A framework is not a treaty, and a lower oil headline does not rewind the last hundred days of costs companies have already swallowed. Forensic investing means asking who paid the time and money tax while the Strait of Hormuz was effectively shut, not just who looks cheap on your price screen today. Before you celebrate this rally, map your SGX names into those three buckets from the episode and ask which ones actually earned a place above your CPF Special Account, and which ones just got lucky with a headline. 📺 YouTube: https://youtu.be/KwgAVdbnKvM 📩 Substack: https://investingi

Profit Up 42%. Cash Flow Negative $96 Million. Something Doesn't Add Up. | EP1654🦖 S$37.5m profit up, S$96m free cash flow down. That is the part that made me stop and read the cash flow line three times. When your order book crosses S$700m and analysts are cheering, but the bank account is going the other way, the story is no longer about growth, it is about execution and who is really funding your dividend. If your trailing yield is 2.0 per cent and every cent of that 2025 dividend was effectively paid with S$103m of new borrowings, the risk is not that the yield gets cut, it is that your CPF and SRS are quietly underwriting someone else’s growth story. 📺 YouTube: https://youtu.be/DmDEYV8UDCI 📩 Substack: https://investingiguana.com/p/profit-up-42-cash-flow-negative-96

Two Palm Oil Names, Two Opposite Stories | Weekly Winners & Losers | EP1655🦖 Two listeners wrote to me this week, one cheering a double digit gain in Bumitama, the other staring at a loss in First Resources, both blaming palm oil prices. The uncomfortable truth is that the same commodity wind can create opposite outcomes when one management team treats debt as a weapon and the other treats it as a last resort. The price chart is not where your real risk is hiding. If you are using plantation stocks inside CPF or SRS for dividends, the S$0.0935 payout at a 5.6% yield feels like the hero of this story, until you place it beside 57.2% gearing on the other counter and ask which one can keep paying when credit tightens. One sits in Iggy's Forensic Zone: Zone 2, the other in Zone 4, not as a

Two Palm Oil Names, Two Opposite Stories | Weekly Winners & Losers | EP1655🦖 Two listeners wrote to me this week, one cheering a double digit gain in Bumitama, the other staring at a loss in First Resources, both blaming palm oil prices. The uncomfortable truth is that the same commodity wind can create opposite outcomes when one management team treats debt as a weapon and the other treats it as a last resort. The price chart is not where your real risk is hiding. If you are using plantation stocks inside CPF or SRS for dividends, the S$0.0935 payout at a 5.6% yield feels like the hero of this story, until you place it beside 57.2% gearing on the other counter and ask which one can keep paying when credit tightens. One sits in Iggy's Forensic Zone: Zone 2, the other in Zone 4, not as a

Yangzijiang Shipbuilding: The 5.93% Yield Fortress the Retail Herd is Missing | EP1652🦖 The strange thing about Yangzijiang is that the scariest headline is not the one that actually matters. Everyone is staring at the 21.5% price pullback and the “lower” order win target, but the real story is how many industrials would kill to have a US$22.3 billion backlog locked in while still sitting on a massive net cash bunker. When an engineering stock looks “expensive” on P/B yet quietly rebuilds itself into a balance sheet fortress, I get more interested, not less. If you are a 55-year-old juggling CPF, SRS and a shrinking T-bill curve, the key question is simple, can a 5.9% audited yield with S$2.63 billion net cash and 15% gearing really act as a safer income anchor than your peak-cycle bank co