To The Moon

OCBC will close at 21.66 UOB will close at 36.2 OCBC won't be able to match DBS wealth management fees.

No, I won't buy a car as for now. Not only because of the " super " high COE, but also the whole job market is very unstable.. Many companies are retrenching staff. Job security should be the number 1 thing we need to think about. Keep cash, at least 2 years of your current salary.

$StarHub(CC3.SI)$   StarHub Q1 net profit tumbles 81.3% to S$5.9 million as consumer business slides across the board Revenue down 6.1% to S$507.3 million; service margin also squeezed. The consumer business logged declines across the board, as revenue fell 10,% to S$228.6 million for the quarter, from S$254 million previously.  Revenue for the enterprise business similarly fell 4.8 per cent to S$139.4 million

$SATS(S58.SI)$   Sats acquires additional 40% stake in China aviation meal producer for 312.6 million yuan ($58m) The move will let the group capitalise on Chinese airlines’ increasing adoption of frozen food. This brings Sats’ total shareholding in Nanjing Weizhou Airline Food Corporation (NWA) to 90 per cent, following its initial investment for 50 per cent ownership in 2019, allowing the group to consolidate operational control over the business. Since that initial capital injection, Sats noted that NWA has more than doubled its revenue as Chinese carriers accelerated their adoption of frozen meals in domestic operations.

$Cent Accom REIT(8C8U.SI)$   8C8U posted net property income of S$37.5 million for the first quarter ended Mar 31.  This is up 2.4% from its prospectus forecast of S$36.6 million, according to the bourse filing.  Revenue stood at S$52.5 million for the period, 2.7 per cent higher than the projected S$51.1 million. 

$Kep Infra Tr(A7RU.SI)$   Keppel Infrastructure Trust to acquire another 39% stake in Jurong Island power plant for S$128.1 million. The transaction will increase KIT’s aggregate interest in the 1,300 megawatt (MW) facility to 90 % The proposed transaction is to be funded by a combination of internal sources of funds or external borrowing, or possibly both.☕☕

$OCBC Bank(O39.SI)$   OCBC has agreed to acquire the assets and liabilities of HSBC’s retail and wealth management operations in Indonesia through its subsidiary, Bank OCBC NISP Tbk,  The deal is expected to add S$6.6 billion in OCBC Indonesia’s assets under management (AUM), comprising S$4.3 billion of customers’ investments in mutual funds and bonds, as well as insurances and customer deposits of S$2.3 billion A customer retail loan book of S$0.3 billion will also be transferred to OCBC Indonesia

I don't SIA is in the recovery phase.. Air India and the wars are affecting SIA profit. OCBC is positioning itself as the next Asian power. Singtel outlook will be good if it successfully unloaded Optus.

$AEM SGD(AWX.SI)$   JP Morgan, which has rapidly built a substantial stake in AEM Holdings in a series of transactions since the middle of March, has partially taken profit, as the share price reaches new highs. JP Morgan sold nearly 1.58 million shares for around $8.6 million. Following which, the US bank is left with around 22.24 million shares, equivalent to 6.99%, down from 7.565%.

I prefer to wait for a major pullback. The commodity and travel sectors will catch up.But travel sector will move at a slower pace.