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ProsperUs Club

14 Feb, 10:04

Key Takeaways from Coca-Cola’s Q4 Earnings: Can the Beverage Giant Keep Pouring in Growth?

• Coca-Cola reported a 6% revenue increase to $11.5 billion in Q4, with organic growth at 14%.
• The company is expanding distribution with 250,000 new retail outlets and focusing on innovation with products like Jack & Coke.
• Currency headwinds and rising taxes are expected to pressure 2025 earnings, despite a projected organic revenue growth of 5-6%.

Click to read more!

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ProsperUs Club

14 Feb, 09:36

Cloud Wars: Amazon vs. Microsoft vs. Alphabet – Who’s Leading the AI-Powered Cloud Race?

Amazon AWS remains the market leader, but Microsoft Azure is catching up fast with stronger profitability and AI integration.
Google Cloud is growing the fastest, but it still lags behind in profitability compared to AWS and Azure.
Microsoft Azure wins the long-term race, leveraging AI, enterprise software, and OpenAI partnerships to gain a strategic advantage.

Read more here!

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ProsperUs Club

13 Feb, 01:20

Mermaid Maritime is making waves!

Great stuff by our technical analyst! He previously shared a reversal to the upside for Mermaid Maritime back in September last year and share price has rebounded from his 2nd and 3rd buy limit. An amazing gain of around 12% year-to-date and we have not even finished the Q1.

Is it too late to jump in now? Well, here’s a look at what’s fuelling the rally:

✅ Big business boom—massive order book, rising demand, and still undervalued vs. peers 💰
✅ Technical breakout confirmed—bullish momentum with strong volume 🔥
✅ Trump’s energy policies could be a major tailwind, opening up more offshore drilling opportunities ⚡

For those who love to read, here’s the full article: https://www.prosperus.asia/stocks/singapore-stocks/mermaid-maritime-the-chart-shows-a-strong-uptrend-but-is-it-too-late-to-buy/

But if you’re only curious on the key levels to watch out for, you may check out our latest technical report here: https://rfs.cgsi.com/api/download?file=dd9a526c-6f21-4eac-bb39-4960727509f3

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ProsperUs Club

13 Feb, 01:12

New Assets to Sustain Sunway REIT’s FY2025 Earnings Momentum

Sunway REIT (KLSE: 5176) is poised to build on its momentum as it enters FY2025, supported by strategic acquisitions.

1️⃣ Sunway REIT reported a core net profit of RM351 million for FY2024, a 12% increase year-on-year, driven by contributions from newly acquired assets.

2️⃣ Acquisitions such as Kluang Mall and Aeon Mall Seri Manjung are expected to further bolster Sunway REIT's income streams in FY2025.

3️⃣ Sunway REIT’s debt remains manageable, with a gearing ratio of 0.41x as of December 2024.

Read more here: https://www.prosperus.asia/stocks/new-assets-to-sustain-sunway-reits-fy2025-earnings-momentum/

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ProsperUs Club

13 Feb, 01:08

Stocks with Momentum: Mermaid Maritime and Pacific Radiance

We highlight Mermaid Maritime PCL (SGX: DU4) and Pacific Radiance Ltd (SGX: RXS), both of which have received a 'technical buy' call due to their price actions signaling bullish momentum.

Get the recommended target prices and full technical analysis here.

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ProsperUs Club

10 Feb, 01:16

Stocks with Momentum: OCBC and Haw Par

We highlight Oversea-Chinese Banking Corporation Ltd (OCBC) (SGX: O39), which maintains a ‘technical buy’ position as its uptrend remains intact.

Additionally, Haw Par Corporation Ltd (SGX: H02) is signaling continued upside, following a steady uptrend that began in October 2022.

[View full technical analysis here]

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ProsperUs Club

07 Feb, 06:36

US Tariff Changes Testing PDD Holdings' Resilience

PDD Holdings (NASDAQ: PDD) faces challenges after the US canceled the de minimis tariff exemption, affecting tax-free imports from China.

Key Takeaways:
1. Stock Pressure: Short-term impact on PDD stock due to tariff effects on Temu's US sales.
2. Adaptation Strategies: PDD has promoted a semi-custody model, asking suppliers to rent US warehouses, and is expanding in Europe and the Middle East to diversify revenue.

Management Outlook: Margins are under pressure from competition and rising subsidy costs for merchants, but PDD is focused on strengthening supply chains and global services.

Read more here: https://www.prosperus.asia/stocks/us-stocks/us-tariff-changes-testing-pdd-holdings-resilience/

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ProsperUs Club

07 Feb, 01:11

Stocks with Momentum: DFI Retail and SGX

We spotlight DFI Retail Group Holdings Ltd (SGX: D01) and Singapore Exchange Ltd (SGX: S68) due to their bullish price action.

We’ve maintained a 'technical buy' on DFI Retail, as the stock shows strong potential for an early-stage uptrend.

SGX, too, remains on a 'technical buy' after successfully rebounding above a key resistance-turned-support level.

Click for full analysis.

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ProsperUs Club

05 Feb, 01:06

ETF with Momentum: Lion-OCBC Securities Hang Seng TECH ETF

The Lion-OCBC Securities Hang Seng TECH ETF is considered a ‘technical buy’ after breaking out of a long-term downtrend and consolidation.

It has also closed above the 20 and 50-day exponential moving averages (EMAs), which are indicators that track average prices.

Get the full technical report here.

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ProsperUs Club

04 Feb, 07:45

Why Investors in the Malaysian Market Should Stay Optimistic Despite Recent Setbacks

- Progressive government policies, rising domestic demand, and double-digit earnings growth are expected to drive Malaysia market expansion in 2025.

- The KLCI could reach a value range of 1,840 to 2,100 points, showcasing substantial growth opportunities.

- Investors should look past short-term market noise, like US policy changes, and focus on companies with strong long-term growth potential.

Read more here: https://www.prosperus.asia/stocks/malaysia-stocks/why-investors-in-the-malaysian-market-should-stay-optimistic-despite-recent-setbacks/

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ProsperUs Club

04 Feb, 01:08

Stock with Momentum: ST Engineering

ST Engineering is designated as a 'technical buy', supported by key indicators such as breaking resistance, an uptrend intact since March 2020, and positive momentum signals.

Discover our target prices for the stock here.

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ProsperUs Club

03 Feb, 00:35

Stock with Momentum: Wilmar International

We are focusing on Wilmar International Ltd (SGX: F34) and recommend a 'technical buy' due to promising indicators of a potential rise.

Key signals include maintaining a price above S$3.00, breaking through S$3.10 with high trading volume, and forming bullish patterns.

[Click here for the full analysis.]

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ProsperUs Club

28 Jan, 04:33

Food Empire Sets Eyes on Vietnam Growth

Food Empire (SGX:F03) (FEMP.SI), which currently has its largest market in Russia, is expanding its business in Southeast Asia, especially Vietnam.

In the first nine months of 2024, Southeast Asia was the company’s fastest-growing segment, with revenue growth of 30.6% year-on-year, driven by Vietnam.

Food Empire is investing US$80 million in Vietnam for the construction of a new coffee manufacturing facility.

Find out more about the company's growth strategies, outlook, and risks in this article.

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ProsperUs Club

28 Jan, 03:07

🚀 Latest Market Trends from the SGX Daily Momentum Report (Jan 27, 2025)

S-REITs with data centers in their portfolios, Keppel DC REIT (SGX:AJBU) and Digital Core REIT (SGX:DCRU), experienced significant drops in share prices, trading at higher-than-usual volumes. Keppel DC REIT’s share price fell 7.9% to S$2.09, while Digital Core REIT share price declined by 6% to S$0.734. This decline is likely linked to concerns raised by DeepSeek, a China-based AI startup, which has cast doubt on the future demand for data centers and large-scale AI investments.

US office S-REITs Prime US REIT (SGX:OXMU), Keppel Pacific Oak US REIT (SGX:CMOU), and Manulife US REIT (SGX:BTOU) also saw significant drops in their share prices.

Japfa (SGX:UD2) surged 15.1% to S$0.61, its highest since early 2017, with trading volume increasing 599% above its 10-day average. The founder's family has offered to take the company private at S$0.62 per share. We recommend shareholders approve this, providing a fair exit, especially after Japfa's 205% share price increase over the past year due to profitability and a consumption upcycle in agribusiness.

For the full SGX report, click here.

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ProsperUs Club

27 Jan, 01:10

Stocks with Momentum: Singtel, Hiap Tong, and Keppel DC REIT

We highlight Singapore Telecommunications Ltd (Singtel) (SGX: Z74), Hiap Tong Corporation Ltd (SGX: 5PO), and Keppel DC REIT (SGX: AJBU), all of which have a 'technical buy' call, as their price action shows bullish signs.

Click here for more info on our analysis of these stocks!

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ProsperUs Club

23 Jan, 02:13

🚀 Latest Market Trends from the SGX Daily Momentum Report (Jan 22, 2025)

Advanced Systems Automation (SGX:WJ9) saw its share price climb by 9.1% to S$0.012. A recent company announcement revealed that a substantial shareholder disposed of 5 million ordinary shares for S$60,000.

YZJ Financial (SGX:YF8) saw a volume surge of 614% above its 10-day average, with its share price rising by 3.6% to S$0.43. Our technical analysis issued a ‘technical buy’ call due to uptrend signs. However, we expect a softer half-on-half net profit due to weaker real estate sentiment in China in 2H2024.

Nanofilm Technologies (SGX:MZH) saw its share price slip by 4.5% to S$0.735, with trade volume up 371% above its 10-day average. We have a ‘reduce’ call on the stock, forecasting lower-than-expected FY2024 net profit due to anticipated start-up losses from its India and Vietnam sites facing production delays.

For the full SGX report, click here.

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ProsperUs Club

23 Jan, 01:25

Stocks with Momentum: YZJ Shipbuilding & YZJ Financial

We highlight Yangzijiang Shipbuilding Holdings Ltd (SGX: BS6) and Yangzijiang Financial Holdings Ltd (SGX: YF8), both designated as 'technical buys' for their positive price action and signs of an uptrend.

For more detailed analysis of the companies, click here.

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ProsperUs Club

22 Jan, 04:09

Positive Outlook for Malaysia's GDP in 2025

Our house view is that Malaysia's economy could grow by 4.6% year-on-year in 2025, driven by domestic demand from wage hikes, tourism promotion, and major infrastructure projects, despite challenges like rising costs and global trade uncertainties.

Find out more here!

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ProsperUs Club

22 Jan, 02:11

Stock with Momentum: Prime US REIT

Our buy call on Prime US REIT (SGX: OXMU) from December 6, 2024, is up over 9% and shows strong bullish signals. We are adding to our 'technical buy' due to the continued uptrend, resistance break, and increased volume.

Click for our technical analysis here.

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ProsperUs Club

21 Jan, 05:39

Yangzijiang Shipbuilding Anchoring Success with Order Wins

Yangzijiang Shipbuilding (SGX:BS6) (YAZG.SI) is charting a course for success with record-breaking order wins and deliveries scheduled until 2029.

Read our article for insights on the SGX-listed shipbuilding company’s FY2024 financial outlook, key catalysts to watch, and potential risks.

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ProsperUs Club

20 Jan, 01:48

🚀 Latest Market Trends from the SGX Daily Momentum Report (Jan 17, 2025)

Japfa (SGX:UD2) surged 8.4% to S$0.515, marking its highest price since mid-2021. The stock saw a significant increase in trading activity, with volume rising 464% above its 10-day average. Japfa is in "advanced" talks regarding a potential transaction with its controlling shareholders.

Singtel 10 (SGX:Z77), Singtel’s stock that can be traded in multiples of 10 shares, Mandarin Oriental (SGX:M04), and PropNex (SGX:OYY) experienced higher-than-usual trading volumes.

For the full SGX report, click here.

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ProsperUs Club

20 Jan, 00:33

Stock with Momentum: GSH Corporation

We highlight GSH Corporation Ltd (SGX: BDX) as a 'technical buy' due to its price action indicating a bullish reversal marked by increased momentum.

The stock has broken out of the downtrend line since October 25, 2023, with strong support from rising volume.

Click to read our full analysis.

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ProsperUs Club

17 Jan, 06:10

Eco World Development: A Growth-Centric Outlook for FY2025

Eco World Development (KLSE:8206) stands out as a compelling stock to watch, bolstered by its strategic landbank within the Johor-Singapore Special Economic Zone (JS-SEZ).

The company achieved remarkable success in FY2024, recording its highest-ever core net profit and annual sales. Explore its outlook for FY2025 and the potential risks involved.

Discover more from here!

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ProsperUs Club

17 Jan, 01:03

Stocks with Momentum: Jardine Cycle & Carriage and LHN

We highlight Jardine Cycle & Carriage Ltd (SGX:C07) due to incoming bearish pressure, and LHN Ltd (SGX: 41O) for its strong and steady uptrend.

For full technical analysis, click here: https://www.prosperus.asia/stocks/singapore-stocks/stocks-with-momentum-jardine-cycle-carriage-and-lhn/

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ProsperUs Club

16 Jan, 07:05

MercadoLibre: The E-Commerce Leader Driving Latin America’s Growth

MercadoLibre is driving Latin America’s digital revolution with its dominant e-commerce platform, explosive fintech growth, and proven profitability, making it a compelling investment in the region’s future.

Read more here!

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ProsperUs Club

16 Jan, 03:00

🚀 Latest Market Trends from the SGX Daily Momentum Report (Jan 15, 2025)

Top Glove (SGX:BVA) shares fell 5.4% to S$0.35. Optimism for Malaysian glovemakers wanes due to Trump's tariff policies and competition from Chinese brands. Company announcements revealed KWAP continues to reduce its indirect interest to 1.305% while maintaining a direct interest of 6.545%.

OKH Global (SGX:S3N) dropped 6.9% to S$0.027. Since our technical report on the stock on Dec 3, 2024, the stock has broken the first resistance level of S$0.020. (Read here.)

Avarga (SGX:U09) saw a 6.7% decline in share price to S$0.21. In our technical report on Nov 12, 2024, we put a stop loss on the stock at S$0.18. (Read here.)

For the full SGX report, click here.

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ProsperUs Club

16 Jan, 01:30

Stock with Momentum: KSH Holdings

Our analysis rates KSH Holdings as a 'technical buy,' indicating an early-stage uptrend.

The stock has broken out of a downward trend that started in December 2023.

Read our full analysis here.

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ProsperUs Club

15 Jan, 04:08

Sea Limited is driving Southeast Asia’s digital economy through Shopee’s e-commerce dominance, SeaMoney’s fintech expansion, and a profitable turnaround in 2024, despite challenges like gaming volatility, high expansion costs, and regulatory risks.

Discover more here!

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ProsperUs Club

15 Jan, 02:26

🚀 Latest Market Trends from the SGX Daily Momentum Report (Jan 14, 2025)

Yangzijiang Shipbuilding (SGX:BS6) saw a share price increase of 4.1%, reaching S$3.07. We maintain our ‘add’ call on the stock due to its strong order book, with deliveries scheduled until 2029, and a superior ROE of 27% compared to Chinese peers' 4%. Our target price is set at S$3.62.

UOL Group (SGX:U14) is trading at its 52-week low, with the share price remaining unchanged at S$5.08. We have an ‘add’ call on the stock with a target price of S$8.20. We favour UOL for its diversified business model, which includes a high proportion of recurring income and a robust balance sheet.

Centurion Corporation (SGX:OU8) saw its trading volume surge 1,042% above its 10-day average. However, its share price slipped slightly by 1% to S$0.955. Centurion is offering S$53 million in fixed-rate notes maturing on May 28, 2026, available for early redemption from Jan 13 to Jan 21.

CapitaLand India Trust (SGX:CY6U) experienced higher-than-usual trading activity, with volume rising 367% above its 10-day average. Its share price decreased by 0.9% to S$1.06. The Trust has signed a long-term agreement with a leading global hyperscaler for one of its data centres under development.

For the full SGX report, click here.

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ProsperUs Club

14 Jan, 04:08

Shopify empowers over 2 million merchants globally with innovative e-commerce solutions, driving growth through AI-powered tools, strategic partnerships, and a focus on long-term success despite challenges like profitability concerns and competitive pressure.

Click to read more!

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ProsperUs Club

14 Jan, 02:32

🚀 Latest Market Trends from the SGX Daily Momentum Report (Jan 13, 2025)

• Rex International (SGX:5WH): The share price surged by 5.2% to S$0.141, marking its highest level since April 2024. On January 6, we identified this stock as a ‘technical buy’ due to its bullish price action. The closing price of S$0.141 is just shy of our first resistance level at S$0.142.

• DigiCore REIT (SGX:DCRU): The share price fell by 5.8% to S$0.741. The REIT has announced that it will release its FY2024 financial results on February 12, 2025.

• Sasseur REIT (SGX:CRPU): Trading volume increased by 631% above its 10-day average, although the share price remained unchanged.

• SPDR GOLD SHARES US$ (SGX:O87): This gold ETF experienced a 408% increase in trading volume compared to its 10-day average.

For the full SGX report, click here.

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ProsperUs Club

14 Jan, 01:30

Stock with Momentum: Hong Leong Asia

We have issued a 'technical buy' recommendation for Hong Leong Asia. The stock has been in a consistent uptrend since July 2024 and shows no signs of losing momentum.

View our full technical analysis [here].

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ProsperUs Club

13 Jan, 06:15

Dollar at All-Time High; BOJ at Crossroads for Rate Hike

- Strong job data and potential inflation uptick may push the 10-year yield near 5%.
- This scenario strengthens the dollar and reinforces the Fed's stance against rate cuts in 2025.
- Bank of Japan faces a 50/50 chance of raising rates despite wage growth and inflation.
- US rate cut commitments make Japan cautious about raising rates.
- UK Gilts rose sharply above 4%, causing the sterling to fall significantly against the dollar.
- Sterling surpassed the target of 1.2680.

More information at: https://www.prosperus.asia/foreign-exchange/dollar-at-all-time-high-and-is-not-waning-any-time-soon-in-near-term-boj-likely-to-hike-interest-rates/

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ProsperUs Club

13 Jan, 04:07

Microsoft, Amazon and Costco are top long-term investment picks for 2025 due to their industry dominance and resilience. Despite risks like competition and economic downturn, these companies consistently innovate, and thrive.

Click to read more!

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ProsperUs Club

13 Jan, 02:28

🚀 Latest Market Trends from the SGX Daily Momentum Report (Jan 10, 2025)

Frasers Hospitality Trust (SGX:ACV) surged 7.3% to S$0.585 ahead of its annual general meeting (AGM) on January 15.

Top Glove (SGX:BVA) dropped 6.2% to S$0.380 following company announcements that Malaysia’s public employees’ pension fund, KWAP, disposed of 1.92 million shares, reducing its indirect interest to 1.338%, while maintaining a direct interest of 6.545%.

Avarga (SGX:U09) declined 6.4% to S$0.22. Keppel Infrastructure Trust (SGX:A7RU) saw its trading volume increase by 591% above the 10-day average.

For the full SGX report, click here: https://tinyurl.com/578wtuje
Follow our SG Insight Telegram: https://bit.ly/SGinsightMY

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ProsperUs Club

13 Jan, 01:00

Stock with Momentum: BRC Asia

We highlight BRC Asia Ltd (SGX: BEC) with a 'technical buy' call as it continues to exhibit a bullish trend. The stock has been in a steady uptrend since November 2023, showing no signs of slowing down.

For a full technical analysis, click here.

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ProsperUs Club

10 Jan, 07:06

Amid the return of Trump 2.0 and rising geopolitical tensions, Singapore stock market offers a stable investment environment. From REITs like CapitaLand Ascendas to renewable energy leaders like Sembcorp, discover our top picks that balance growth and income potential.

Click more from here!

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ProsperUs Club

10 Jan, 02:15

🚀 Latest Market Trends from the SGX Daily Momentum Report (Jan 9, 2025)

• AEM Holdings (SGX:AWX): The share price dropped 6.3% to S$1.64, reversing some of the recent rally gains.

• ESR-REIT (SGX:J91U): Trading momentum increased, with volume growing 442% above its 10-day average. However, the share price fell 1.9% to S$0.255.

For the full SGX report, click here.

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ProsperUs Club

10 Jan, 01:38

Stock with Momentum: GKE Corp

GKE Corp Ltd (SGX: 595) is showing early signs of a bullish reversal.

We have a ‘technical buy’ on the stock, which has broken out of its long-term downtrend since July 2021 and is now forming higher highs and lows.

Click to access our technical report.

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ProsperUs Club

09 Jan, 06:05

Top 5 Resilient Stocks in the S&P 500 for Long-Term Investors

Want to build a portfolio that stands the test of time? Consider these five stocks—Microsoft, Apple, Johnson & Johnson, Coca-Cola, and Procter & Gamble—which are pillars of the S&P 500.

Dive in to see why these companies are set to excel in 2025 and beyond.

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ProsperUs Club

09 Jan, 02:22

🚀 Latest Market Trends from the SGX Daily Momentum Report (Jan 8, 2025)

Trading of Centurion Corporation’s (SGX:OU8) shares surged, with volume up 884% above its 10-day average. The purpose-built accommodation company recently announced that it is considering establishing a REIT. We also believe that the company stands to benefit from the Johor-Singapore Special Economic Zone (JS-SEZ) agreement signed on Jan 7, 2025. This heavy trading activity boosted its share price by 3.6% to S$0.995.

PropNex (SGX:OYY) also saw increased trading, with volume up 441% above its 10-day average, likely due to a positive earnings outlook and a strong pipeline of new launches in 2025. This helped its share price rise by 2.6% to S$0.99. Our technical analysis confirms a bullish continuation pattern, maintaining a ‘technical buy’ rating with a target price of S$1.10 long-term.

For the full SGX report, click here.

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ProsperUs Club

09 Jan, 01:16

Stock with Momentum: APAC Realty

We have a ‘technical buy’ on APAC Realty Ltd (SGX: CLN), showing early signs of a confirmed short-term bullish reversal.

The stock has broken out of its long-term downtrend since April 2023 and risen above the S$0.400 mark, suggesting it might continue to rise.

Find our target prices here.

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ProsperUs Club

08 Jan, 08:13

Singapore banking stocks - DBS, UOB, and OCBC - offer robust dividends and solid earnings. However, their elevated valuations suggest limited upside potential. Should investors buy these stocks in 2025

Click to read more!

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ProsperUs Club

08 Jan, 02:50

🚀 Latest Market Trends from the SGX Daily Momentum Report (Jan 7, 2025)

AEM Holdings (SGX:AWX): Shares surged by 5.6% to S$1.71. Our technical analysis indicates a strong bullish momentum. If this trend continues, AEM Holdings could potentially target S$2.12 in the longer term.

Digital Core REIT (SGX:DCRU): Shares fell by 5.7% to S$0.741, with volume spiking 537% above its 10-day average. The REIT recently announced of a tenant exit from a one-storey hyperscale data centre in Northern Virginia, which contributed around 11% of annualised rent as of September 30, 2024. The current lease expires on June 30, 2025.

Tencent HK SDR 10to1 (SGX:HTCD): Shares dropped by 6.9% to S$6.70, with volume increasing 485% compared to its 10-day average. The U.S. Defence Department added Tencent Holdings to a list of companies allegedly working with China's military. Tencent stated that its business would remain unaffected and that it would seek reconsideration and, if needed, take legal action.

For the full SGX report, click here.

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ProsperUs Club

08 Jan, 01:01

Stock with Momentum: DBS Group

We have a 'technical buy' on DBS Group Holdings Ltd (SGX: D05). DBS has confirmed a bullish continuation pattern by breaking out of the bullish flag. The trend remains strong, spanning from a 5-year uptrend to a 5-month trend.

Click here to find out our recommended target prices.

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ProsperUs Club

07 Jan, 02:16

🚀 Latest Market Trends from the SGX Daily Momentum Report (Jan 6, 2025)

AEM Holdings (SGX:AWX): Shares rose by 5.2% to S$1.62, marking the highest price since August 1, 2024.

Yanlord Land (SGX:Z25): Shares fell by 6.8% to S$0.62, the lowest since September 30, 2024, with trading volume surging 369% above its 10-day average.

Medtecs International (SGX:546): Trading volume increased by 497% above its 10-day average, boosting the share price by 4.3% to S$0.144.

For the full SGX report, click here.

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ProsperUs Club

07 Jan, 01:36

Stock with Momentum: CapitaLand Ascott Trust

We are adding a 'technical buy' on CLAS (SGX: HMN), which is showing early signs of a short-term bullish reversal.

The stock has broken out of the short-term downtrend from Oct 2024, with a strong bullish break above S$0.900 resistance, and is likely to edge up.

Click here for our target price tips.

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ProsperUs Club

06 Jan, 03:06

🚀 Latest Market Trends from the SGX Daily Momentum Report (Jan 3, 2025)

Seatrium Ltd (SGX:5E2) was the top gainer on the Straits Times Index, with its share price increasing by 5.8% to S$2.19 on active trade, as volume soared 338% above its 10-day average.

Several other marine and offshore companies also saw trading volumes greater than their 10-day average. COSCO Shipping (SGX:F83) saw trading volume 1,208% above its 10-day average, leading to a 3.7% rise in share price to S$0.141. RH Petrogas (SGX:T13), Marco Polo Marine (SGX:5LY), Samudera Shipping (SGX:S56), Nam Cheong (SGX:1MZ), and Mermaid Maritime (SGX:DU4) also saw increased trading activity.

AEM Holdings Ltd (SGX:AWX) rose by 6.2% to S$1.54. Technical analysis shows a breakout from the mid-term consolidative range with a strong bullish bar, indicating a continued upward trend. We maintain a ‘technical buy’ with a target price of S$1.87 over the longer term.

Other notable gainers included Wee Hur Holdings Ltd (SGX:E3B), which climbed by 8.3% to S$0.455, and Manulife US REIT (SGX:BTOU), which increased by 5.2% to S$0.13.

For the full SGX report, click here: https://tinyurl.com/fnbdra89

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ProsperUs Club

06 Jan, 01:23

Stock with Momentum: Rex International

We are adding a ‘technical buy’ on Rex International, with the stock showing bullish bottoming out after breaking out of the downtrend line since March 2022.

Click to find out our target prices.

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ProsperUs Club

19 Dec, 10:17

Centurion Corporation Ltd (SGX:OU8) (CNCL.SI) is a clear beneficiary of the Johor-Singapore Special Economic Zone (JS-SEZ) due to its operations in Malaysia, particularly in Johor. In Malaysia, the group operates eight worker dormitories, with 66% of these located in Johor. The company has growth plans in Malaysia, including increasing its bed capacity in Johor by 9% by 4Q 2025.

Read the full article for further insights!

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ProsperUs Club

18 Dec, 03:13

October 2024 marked a strong loan growth for Singapore’s banking system. Among the three major banks in Singapore, UOB leads in loan growth based on the latest 3Q 2024 performance.

Beyond comparing loan growth numbers, this article explores the banks' strategic steps, asset quality, and FY2025 loan growth targets.

Click here to read the full article!

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ProsperUs Club

18 Dec, 03:00

🚀 Latest Market Trends from the SGX Daily Momentum Report (Dec 17, 2024)

Wee Hur (SGX:E3B) saw its share price decline by 10.5% to S$0.425 following news of the company’s exit from Australian-focused purpose-built student accommodation (PBSA). Trading volume was 308% higher than its 10-day average. Wee Hur has agreed to sell all seven of its assets in the PBSA portfolio to global real estate investor Greystar for $1.4 billion.

Shanaya Ltd (SGX: SES) experienced a 5% rise in its share price to S$0.063. Golden Agri-Resources (SGX:E5H) saw its trading volume surge 977.5% above its 10-day average, causing its share price to tumble further by another 1.9%.

For the full SGX report, click here.

255

ProsperUs Club

17 Dec, 02:57

🚀 Latest Market Trends from the SGX Daily Momentum Report (Dec 16, 2024)

LHN (SGX:41O) saw its share price increase by 11.5% to S$0.535, reaching an all-time high as trade volume picked up. The stock has been on an uptrend since early November.

On the other hand, Ying Li International (SGX:5DM) faced another steep decline, dropping 5.3% to S$0.036.

Meanwhile, Mandarin Oriental (SGX:M04) continues to experience more active trading than usual, with volume hitting 370% above its 10-day average.

For the full SGX report, click here.

219

ProsperUs Club

16 Dec, 03:45

🚀 Latest Market Trends from the SGX Daily Momentum Report (Dec 13, 2024)

Malaysian glove manufacturer Top Glove Corporation Bhd (SGX:BVA) saw its share price jump 7.5% to S$0.43, its highest since May 2022. The company will release its 4Q 2024 results on Dec 20, 2024.

China real estate company Ying Li International (SGX:5DM), a subsidiary of Hong Kong-listed China Everbright Ltd, slipped 7.3% to S$0.038. China Everbright Ltd’s parent company, China Everbright Group, is a Chinese state-owned enterprise. News reported that China Everbright Group’s former chairman, Tang Shuangning, was sentenced to 12 years in prison for corruption, bribery, and abusing his position for personal gains.

Mandarin Oriental (SGX:M04) saw active trade, with volume 265% higher than its 10-day average, helping its share price edged up by 3.3% to S$2.401.

For the full SGX report, click here.

233

ProsperUs Club

16 Dec, 00:52

CSE Global Ltd (SGX: 544) is capitalizing on its strengths in the electrification sector to fuel growth.

As of September 30, 2024, the systems integrator boasts a robust order book of S$633.6 million, with the electrification segment leading the way.

Read the full article for insights on its 3Q 2024 earnings highlights, future outlook, and potential risks.

225

ProsperUs Club

11 Dec, 02:34

🚀 Latest Market Trends from the SGX Daily Momentum Report (Dec 10, 2024)

Chinese real estate company Ying Li International (SGX:5DM) saw an extraordinary surge in trading interest, with volume skyrocketing by 1,104.8% compared to its 10-day average. This heightened activity pushed the stock up by 5.1% to S$0.041.

The Lion-OCBC Securities China Leaders ETF (SGX:YYY), which captures the 80 largest China leaders across various industries, experienced a 406.3% increase in trading volume. However, despite this uptick in interest, the ETF's price dipped by 2.2% to S$1.709.

Oversea-Chinese Banking Corporation (OCBC) (SGX:O39) reached a new all-time high, closing at S$16.73.

Frasers Logistics & Commercial Trust (FLCT) (SGX:BUOU) continued its downward trend, ending at S$0.89, the lowest since March 2020. We maintain an ‘add’ call on FLCT due to its visible inorganic growth potential and robust balance sheet.

For the full SGX report, click here.

266

ProsperUs Club

10 Dec, 02:54

🚀 Latest Market Trends from the SGX Daily Momentum Report (Dec 9, 2024)

China-focused ETF Lion-OCBC Securities Hang Seng Tech Index ETF S$ (SGX:HST), which tracks the Hang Seng Tech Index, saw a price hike of 6% to S$0.792. This was accompanied by a volume surge of 169% above its 10-day average.

Chinese EV maker Nio Inc (SGX:NIO) experienced a 6% rise in its stock price to S$6.67. Similarly, the Chinese real estate company Ying Li International (SGX:5DM) saw its stock grow by 5.4% to S$0.039.

A recent announcement from China's Politburo triggered a surge in Hong Kong stocks. The Politburo revealed plans to adopt a “moderately loose” monetary policy strategy for 2025. The top leaders committed to a “more proactive” approach to fiscal policies, with goals to stabilize property and stock markets and to “forcefully lift consumption.”

Paragon REIT (SGX:SK6U) saw increase in trading volume, up 371% above its 10-day average, which lifted its share price by 2.3% to S$0.895. UOB Kay Hian recently suggested that the REIT's asset divestments could be a precursor to a potential M&A.

Geo Energy Resources (SGX:RE4) experienced more active trading, although its share price remained unchanged at S$0.265. The company has an upcoming ex-dividend date on Dec 16, 2024, with a dividend of S$0.002 per ordinary share.

For the full SGX report, click here.

203

ProsperUs Club

09 Dec, 06:47

This week, global markets focus on US inflation and earnings, China's trade and economic data, the ECB's expected rate cut, and resilience in MIST economies, shaping investor sentiment for 2025.

Read more here!

163

ProsperUs Club

09 Dec, 06:30

Singapore's market this week will focus on ex-dividend opportunities, China's trade data, and US inflation trends, impacting REITs, export-driven sectors, and festive retail stocks.

Read more here!

166

ProsperUs Club

09 Dec, 02:55

🚀 Latest Market Trends from the SGX Daily Momentum Report (Dec 6, 2024)

Frasers Hospitality Trust (SGX: ACV) saw its share price climb significantly by 13.5% to S$0.505, with volume shooting up by 1,326%.

Top Glove Corporation Bhd (SGX:BVA) experienced an 8.1% rise in share price to S$0.40. It announced about shares acquisition by Malaysia’s public sector pension fund, KWAP.

Suntec REIT (SGX:T82U) had a 5.1% jump in share price to S$1.23, as RHB recommended unitholders reject the mandatory conditional cash offer of S$1.16 per unit by Gordon Tang and Celine, stating it severely undervalues the REIT.

Ying Li International (SGX: 5DM) dropped as much as 5.1% to S$0.037 after announcing that an arbitration tribunal ruled in its favor, ordering Shengyu (BVI) Ltd to pay over RMB 503.8 million plus legal fees. The company is seeking legal advice on enforcement and does not expect a significant financial impact for the year.

NSL (SGX:N02) saw a trading volume surge of 1,942.4%, pushing its price up by 4.9% to S$0.745 following updates on the mandatory unconditional cash offer by YTL Cement Bhd.

For the full SGX report, click here.

190

ProsperUs Club

09 Dec, 01:10

Stock with Momentum: Hong Lai Huat Group

We highlight Hong Lai Huat Group Ltd (SGX: CTO), adding a 'technical buy' on the stock, which is displaying early signs of a bullish reversal.

Discover target prices here.

182

ProsperUs Club

05 Dec, 09:08

Despite a challenging Q3 2025, marked by a 31% year-on-year decline in net new annual recurring revenue (NNARR) due to longer deal cycles and heavy discounting, CrowdStrike demonstrated strong 27% year-on-year ARR growth, resilient customer retention, and financial stability. Management also expects NNARR to rebound in FY2026.

Read more here!

277

ProsperUs Club

05 Dec, 02:40

🚀 Latest Market Trends from the SGX Daily Momentum Report (Dec 4, 2024)

LHN (SGX:41O), a co-living operator, saw its share price rise by 9% following a strong earnings report for FY2024, indicating promising growth.

Chinese sweet potato biotech-focused operator Zixin Group (SGX:42W) experienced a 6.9% increase, while glove manufacturer Top Glove (SGX:BVA) jumped 5.7%. We recently highlighted Zixin and Top Glove in our Trendspotter as technical buys due to their potential bullish trends.

Indonesia’s palm oil producer Bumitama Agri (SGX:P8Z) climbed 6.4%, and hospitality trust Frasers Hospitality Trust (SGX:ACV) increased by 5.9%.

EV maker Nio Inc (SGX:NIO) rose by 5% after announcing the delivery of 20,575 vehicles in November, marking a 28.9% year-over-year increase.

On the other hand, chemical product maker Jiutian Chemical (SGX:5WH) dropped 6.7% after a 7% rise the previous day.

Healthcare supplier Medtecs International (SGX:546) saw a significant gain in trading volume, which was 946% above its 10-day average.

For the full SGX report, click here.

251

ProsperUs Club

05 Dec, 01:09

Stocks with Momentum: Top Glove, Sembcorp Industries, and Japfa

Explore why Top Glove Corporation Bhd (SGX:BVA), Sembcorp Industries Ltd (SGX:U96), and Japfa Ltd (SGX:UD2) are rated as 'technical buys' due to their strong price performance.

Click for detailed analysis and target prices.

218

ProsperUs Club

04 Dec, 09:33

The global semiconductor industry is undergoing transformative growth driven by AI demand, geopolitical tensions, and massive investments in domestic production, offering significant opportunities and risks for strategic investors.

Read more here!

241

ProsperUs Club

04 Dec, 03:05

🚀 Latest Market Trends from the SGX Daily Momentum Report (Dec 3, 2024)

The SGX observed several stocks experiencing significant price increases. Yoma Strategic (SGX:Z59) saw a 24.2% rise in its share price, with trading volume surging 477% above its 10-day average. We have a ‘technical buy’ position on Yoma Strategic, anticipating a bullish continuation.

TC Auto (SGX:VI1) also had a notable performance, with its share price jumping 17.3% on a sharp increase in trading volume. Similarly, Ying Li International (SGX:5DM) experienced an 11.8% increase in its share price.

Other stocks that saw significant gains include Beng Kuang Marine (SGX:BEZ), which went up by 9.5%, and Jiutian Chemical (SGX:C8R), which rose by 7.1%. Wee Hur (SGX:E3B) increased by 6.7%, Rex International (SGX:5WH) by 6%, and Yanlord Land (SGX:Z25) by 5.4%.

For the full SGX report, click here.

200

ProsperUs Club

04 Dec, 00:52

Stock with Momentum: Yoma Strategic

We highlight Yoma Strategic Holdings Ltd (SGX: Z59), whose price action suggests a potential strong bullish reversal.

The stock is currently in a 'technical buy' position, having broken out of a larger falling wedge formation, indicating early confirmation of the reversal.

Discover our target prices here.

210

ProsperUs Club

03 Dec, 10:07

The US's tighter export controls on China aim to curb its advanced chipmaking progress, presenting investment opportunities in resilient semiconductor leaders and equipment suppliers while highlighting risks from geopolitical tensions and China's adaptive strategies.

Discover more here!

231

ProsperUs Club

03 Dec, 01:15

Thai Beverage is poised for growth in FY2025, potentially driven by strong performance in spirits and beer, easing material costs, and favorable consumer sentiment in Thailand and Vietnam.

However, possible risks from macroeconomic weakness and higher marketing expenses may impact sales.

Read more here:

221

ProsperUs Club

22 Nov, 02:13

🚀 Latest Market Trends from the SGX Daily Momentum Report (Nov 21, 2024)

Soilbuild Construction (SGX:S7P) experienced a significant surge in trading volume, up 538% above its 10-day average. This boost lifted its share price by 5.4%, following the announcement of two new contracts worth S$85.5 million, including one construction contract and one precast and prefabrication contract.

Geo Energy Resources (SGX:RE4) also saw heightened activity, with trading volume increasing 409% above its 10-day average. This helped its share price recover by 3.8%, after a decline since Nov 12, when the company reported a 39% YoY drop in Q3 2024 net profit. The decline was attributed to lower sales volume and average selling prices, as well as finance costs from the group’s US$220 million term loan facilities drawn down in Oct 2023.

Keppel Pacific Oak US REIT (SGX:CMOU) and Manulife US REIT (SGX:BTOU) continued their upward momentum, with share prices rising by 9.5% and 8.4%, respectively.

For the full SGX report, click here.

67

ProsperUs Club

21 Nov, 08:07

NVIDIA Q3 2025 Earnings Key Takeaways

NVIDIA reported record-breaking Q3 data center revenue of $30.8 billion (+112% YoY), driven by AI dominance with its Blackwell GPUs.

However, concerns about slowing revenue growth led to a post-earnings stock dip. Key risks for NVIDIA include its lofty valuation and global trade tensions, amidst consistent innovation and market leadership.

Discover more here!

118

ProsperUs Club

21 Nov, 07:17

Ever wondered what Singapore Depository Receipts (SDRs) are and how they can benefit your investment portfolio?

Learn how SDRs work, the key differences between holding SDRs and underlying securities, and explore the current SDR offerings on SGX.

Find out more!

106

ProsperUs Club

21 Nov, 02:46

🚀 Latest Market Trends from the SGX Daily Momentum Report (Nov 20, 2024)

Keppel DC REIT (SGX:AJBU) saw its volume soar 502% above its 10-day average, with the share price up by 4.1% to S$2.28. KDCREIT proposed acquiring two data centres (KDC SGP 7 and KDC SGP 8) and a land plot for a new data centre (KDC SGP 9) for S$1.38 billion. This acquisition would increase KDCREIT’s exposure to Singapore to 65.5% of assets under management, making it one of the largest owners of stabilised data centres in the country. We have an ‘add’ rating with a target price of S$2.48.

US REITS listed in SGX saw substantial share price increases: Manulife US REIT (SGX:BTOU) up by 16.1%, Prime US REIT (SGX:OXMU) up by 13.3%, and Keppel Pacific Oak US REIT (SGX:CMOU) up by 6.8%. Analysts are positive on Prime US REIT due to favorable factors such as recent election result supporting US office market demand, a ‘flight to quality’ trend to high-quality office buildings, and expected further interest rate cuts.

Wee Hur (SGX:E3B) climbed 6.7% to S$0.48. We have identified the stock as a ‘technical buy’ due to strong price action indicating further upside continuation.

Yoma Strategic (SGX:Z59) jumped 6.2%, slightly reversing from its downtrend. The company is arranging its seventh shareholders’ trip from Feb 19 -22, 2025 in Yangon, Myanmar, to provide shareholders with an in-depth understanding of its operations and business activities.

For the full SGX report, click here.

115

ProsperUs Club

21 Nov, 01:25

Stocks with Momentum: Yangzijiang Shipbuilding & Wee Hur

We highlight Yangzijiang Shipbuilding Holdings Ltd (SGX: BS6) and Wee Hur Holdings Ltd (SGX: E3B), both designated as a ‘technical buy.’

Yangzijiang Shipbuilding is likely to rise and break resistance levels. Wee Hur has been steadily rising for the past four months, with minor selling pressure since it broke through the resistance level.

Discover our target prices here.

128

ProsperUs Club

20 Nov, 10:07

Walmart's Q3 FY25 earnings reveal robust growth driven by grocery sales, a 27% surge in e-commerce, and strong membership gains. The company attracts higher-income shoppers, leverages value and convenience, and excels in international markets like Mexico, China, and India. With raised full-year guidance and a focus on innovation, Walmart demonstrates resilience and growth potential, appealing to both value-conscious customers and investors.

Discover more here!

141

ProsperUs Club

20 Nov, 02:41

🚀 Latest Market Trends from the SGX Daily Momentum Report (Nov 19, 2024)

Mermaid Maritime (SGX:DU4) shares surged 5.7% after a downtrend since Oct 23. We view the recent share price weakness as a buying opportunity, given Mermaid Maritime continued benefit from the tight vessel supply environment. We reiterate our ‘add’ call with a lower target price of S$0.16.

Several other stocks also saw notable increases: Zixin (SGX:42W) by 7.4%, Shanaya (SGX:SES) by 6.2%, Nam Cheong (SGX:1MZ) by 5.7%, and RH PetroGas (SGX:T13) by 5.2%.

For the full SGX report, click here.

131

ProsperUs Club

20 Nov, 01:11

Stock with Momentum: Singapore Telecommunications

We highlight Singapore Telecommunications Ltd (Singtel) (SGX: Z74), designated as a ‘technical buy’, showing strong further upside continuation.

Discover our target prices here.

129

ProsperUs Club

20 Nov, 01:01

Riverstone Holdings Ltd (SGX: AP4) is poised for a promising future with increased US customer commitments and expansion plans. Take a glean at future outlook and potential risks.

[Click here for the full article!]

129

ProsperUs Club

19 Nov, 02:23

🚀 Latest Market Trends from the SGX Daily Momentum Report (Nov 18, 2024)

ST Engineering (SGX:S63) slid 5.5% despite a 14% YoY revenue increase in 3Q24. We see this as a buying opportunity, reiterating 'add' due to expected strong FY25F earnings growth from defense tailwinds, aircraft maintenance, repair & overhaul demand, satcom rebound, and falling interest rates.

Centurion Corporation (SGX:OU8) rose 5.6% with a 22% YoY revenue growth in 3Q24, driven by higher occupancies and rental reversions. We reiterate 'add' as it benefits from favorable industry dynamics and regulatory reforms. Its share price at S$0.945 is the highest since 2007.

Other notable movements:
• PropNex (SGX:OYY): +6%
• Nam Cheong (SGX:1MZ): -13.6%
• Prime US REIT (SGX:OXMU): -5.7%
• Keppel Pacific Oak US REIT (SGX:CMOU): -5.2%
• GS Holdings (SGX:43A): -6.5%

For the full SGX report, click here.

139

ProsperUs Club

19 Nov, 01:05

Cromwell European REIT (CEREIT) is enhancing its financial stability and portfolio performance by refinancing €450 million in bonds due in November 2025, focusing on industrial and high-quality office properties, and progressing towards its €350 million asset divestment target. Strong Q3 2024 income and occupancy growth support its strategy.

Read more here!

128

ProsperUs Club

18 Nov, 03:28

🚀 Latest Market Trends from the SGX Daily Momentum Report (Nov 15, 2024)

• Zixin Group Holdings Ltd (SGX:42W): Despite reporting a net profit of RMB 7.8 million in 1H 2025, a significant turnaround from a RMB 3.4 million net loss in 1H 2024, the share price declined by 6.7%. The company attributed the improved earnings to higher sales volumes and revenue from fresh sweet potatoes, processed products, and seedlings.

• iShares USD Asia High Yield Bond ETF (SGX:O9P): Experienced an unusual surge in trading volume, up by 914.9% compared to its 10-day average. However, the share price slid slightly by 0.5%.

• Riverstone Holdings Ltd (SGX:AP4): Continued to see active trading volume, up 262.5% above its 10-day average, which supported its share price, lifting it by 1% after reporting strong 3Q24 results.

For the full SGX report, click here.

144

ProsperUs Club

18 Nov, 02:06

Global Markets: The Week Ahead

Get ready for an action-packed week! Major earnings from NVIDIA, Walmart, and more are set to shape market sentiment. Plus, China’s GDP, PMI data, and central bank signals from the Fed and ECB are in focus.

Key Highlights:
- NVIDIA’s first earnings since joining the Dow
- China’s Loan Prime Rates & trade balance updates
- PMI data from Europe, Japan & the US
- Housing market updates in the US

Don’t miss out on the full breakdown of what to watch this week. Click here to read the full article and stay ahead of the markets!

Follow us for real-time updates and insights.

147

ProsperUs Club

18 Nov, 01:19

Singapore Market Week Ahead: Trade Data and Dividend Plays Take Center Stage

Stay ahead of the curve! This week, Singapore's NODX trade data and dividend-paying stocks like Singtel and SATS are in the spotlight.

Here’s what’s on our radar:

Key Events:
- NODX figures to test Singapore's export resilience.
- Singtel & SATS trade ex-dividend – steady rewards for income seekers!
- Global influences: Nvidia earnings & China's economic updates.

Discover key insights to help you navigate the SGX market amidst global headwinds and opportunities.

Click here and stay informed about this week’s market-moving events.

Follow us for more updates!

154

ProsperUs Club

18 Nov, 01:03

Stocks with Momentum: Keppel and Nera Telecommunications

We highlight Keppel Ltd (SGX: BN4) and Nera Telecommunications Ltd (SGX: N01), both showing positive signals of a bullish continuation.

Keppel is designated as a ‘technical buy,’ with the stock on an uptrend since March 2022.

Nera Telecommunications has a ‘technical buy’ call, with its weekly chart showing a clear break above the downtrend line since October 2016.

Discover our suggested entry prices here.

158

ProsperUs Club

15 Nov, 02:33

🚀 Latest Market Trends from the SGX Daily Momentum Report (Nov 14, 2024)

Riverstone Holdings Ltd (SGX: AP4) saw its share price soar by 7%, with trading volume spiking 570% above the 10-day average. The glovemaker’s 3Q24 net profit of RM72 million, up 22% YoY, exceeded our expectations. This led to an upgrade to an ‘add’ rating with a target price of S$1.10, with dissipating concerns over FX pressure post-Trump’s win. The upcoming US tariff hike on Chinese gloves in January 2025 also bodes well for Riverstone's FY25.

Mermaid Maritime Public Co Ltd (SGX:DU4) experienced a 5.3% drop amid active trading. The company's net profit for 3Q24 fell to USD1.1 million from USD6.9 million YoY, primarily due to higher finance costs, reduced profit sharing from joint ventures, and FX losses from the weakening USD against the THB.

Jiutian Chemical Group Ltd (SGX: C8R) faced a 10% decline as its 3Q24 revenue plummeted to RMB5.47 million, a 93% drop YoY. The company halted production of DMF and Methylamine in 2Q24 to minimize losses and improve efficiencies, resulting in a reduced net loss of RMB36.91 million, a significant improvement from previous periods.

Beng Kuang Marine Ltd (SGX:BEZ) saw a 6.4% decline despite reporting a 27.2% YoY increase in 3QFY24 profit before tax to $3.8 million. Revenue grew by 25% YoY to $26.8 million, driven by demand for asset integrity solutions for FPSO vessels.

For the full SGX report, click here.

201

ProsperUs Club

15 Nov, 01:18

Stocks with Momentum: Riverstone Holdings and CapitaLand Investment

Today, we highlight Riverstone Holdings Ltd (SGX: AP4), which is showing a bullish trend, and CapitaLand Investment Ltd (SGX: 9CI), which is indicating a downtrend.

Get more information, including the stocks' market positions and target prices, here.

197

ProsperUs Club

14 Nov, 04:02

BYD's (SGX:HYDD) (SEHK:1211) advancements in DM5.0 technology and international expansion are set to drive future sales growth. However, fierce competition, rising material costs, and regulatory hurdles could impact profitability.
Click to get key takeaways from its 3Q 2024 earnings highlights and potential outlook. Investors in Singapore can now invest in Hong Kong-listed BYD through Singapore Depository Receipts (SDR) on the SGX.

Click to read further!

211

ProsperUs Club

14 Nov, 03:05

🚀 Latest Market Trends from the SGX Daily Momentum Report (Nov 13, 2024)

Yoma Strategic Holdings Ltd (SGX: Z59) saw its share price drop significantly by 10.4% following the announcement of a larger net loss of US$12.5 million for the first half ending Sept 2024, due to currency translation losses on Thai baht and US dollar borrowings.

Delfi Ltd (SGX:P34) faced a decline, with its share price falling by 5.2%. Its 3Q24 revenue was US$117.6 million, down 5.5% YoY but meeting expectations. We maintain an ‘add’ call with a target price raised to S$0.96. There's optimism for increased sales going into 4Q24 on hopes that the government will boost consumer sentiment and support growth in Indonesia from FY2025.

Other stocks with notable decline include GS Holdings Ltd (SGX: 43A), which experienced a 6.1% decrease in share price following a 14% gain the previous day, and Manulife US REIT (SGX: BTOU), which saw its share price sink by 6.4%.

The ABF Singapore Bond Index Fund (SGX:A35) saw its trading volume surge by 3,556.4%. This ETF tracks the iBoxx ABF Singapore Index, which includes Singapore dollar-denominated bonds from the Singapore government and other Asian entities.

For the full SGX report, click here.

193

ProsperUs Club

14 Nov, 01:05

Stock with Momentum: United Overseas Bank

We focus on United Overseas Bank Ltd (UOB) (SGX: U11), whose price action indicates that a strong uptrend is in force. UOB is designated as a ‘technical buy,’ with the stock on an uptrend since March 2020.

Discover our suggested target prices here.

186

ProsperUs Club

13 Nov, 02:12

🚀 Latest Market Trends from the SGX Daily Momentum Report (Nov 12, 2024)

GS Holdings Ltd (SGX:43A) gained 14% after announcing that revenue for the nine months ended September 30, 2024, rose by 9.1% to S$7.48 million. The loss for the period was significantly reduced to S$1.043 million, down from S$10.36 million in the previous year.

AEM Holdings Ltd (SGX:AWX) increased by 6.9%. Our trendspotter highlighted AEM as a ‘technical buy’ with potential for a short-term rebound. AEM’s 3QF2024 results showed a reduced loss and an improved product mix, leading to better margins. The company has revised its revenue projection for 2HFY2024 to between $190 million and $210 million, up from $160 million to $180 million.

Wee Hur Holdings Ltd (SGX:E3B) climbed by 10.8%, while Trans-China Automotive Holdings Ltd (SGX:VI2) jumped 5.7%.

Nio Inc (SGX:NIO) dropped by 5.8%, possibly due to market reactions to President-elect Trump's cabinet selections, seen as unfavorable to Chinese interests.

For the full SGX report, click here.

189

ProsperUs Club

13 Nov, 01:24

Stocks with Momentum: AEM Holdings, Aspen Group, and SGX

We examine AEM Holdings Ltd (SGX: AWX), Aspen Group Holdings Ltd (SGX: 1F3), and Singapore Exchange Ltd (SGX: S68), all of which are indicating bullish signals.

For a more detailed analysis, click on the link.

167

ProsperUs Club

12 Nov, 11:19

Microsoft’s Azure Growth Slows, but AI Prospects Still Shine: Is It a Buy Now?

With strong earnings and booming AI demand, Microsoft remains a powerhouse in tech. But as Azure growth slows slightly, is now the time to invest? Dive into Microsoft’s latest earnings report to uncover the potential and risks of this AI leader!

Click on link to read more: https://www.prosperus.asia/stocks/us-stocks/microsofts-azure-growth-slows-but-ai-prospects-still-shine-is-it-a-buy-now/

179

ProsperUs Club

12 Nov, 11:14

Big Tech Earnings Are In!

AI is taking over! From cloud computing to self-driving tech, Big Tech is betting big on AI. Wondering what this means for your investments? We’ve broken down the latest earnings from Microsoft, Nvidia, Amazon, Tesla, and more so you know where the opportunities—and risks—lie! 💼💡

👉 Click the link to dive in!

https://www.prosperus.asia/stocks/us-stocks/big-tech-earnings-show-ai-is-the-gold-rush-of-our-time-heres-what-you-need-to-know/

172

ProsperUs Club

12 Nov, 09:16

Frencken Key Customers Reveal Challenges Ahead

Key customers in the semiconductor, analytical life sciences, and medical segments highlight a challenging outlook, particularly due to economic activity in China.

Read the full article to understand the potential impact on Frencken’s FY2025 revenue and what it means for investors.

159

ProsperUs Club

08 Nov, 10:08

The Federal Reserve cut interest rates by 0.25% for the second time, signaling a balanced approach to managing inflation and labor market stability, with future rate decisions, including a potential December cut, dependent on upcoming economic data.

Click to read further!

123

ProsperUs Club

08 Nov, 03:28

🚀 Latest Market Trends from the SGX Daily Momentum Report (Nov 7, 2024)

DBS Group Holdings Ltd (SGX:D05), Oversea-Chinese Banking Corporation Ltd (OCBC) (SGX:O39), and United Overseas Bank Ltd (UOB) (SGX:U11) saw their trading volumes increase compared to the 10-day average. Their share prices also rose by 6.5%, 3.8%, and 1.9% respectively, reaching their 52-week highs. These banks reported strong third-quarter results for 2024.

Our firm suggests holding onto DBS with a target price (TP) of S$43.00, as we believe the positive outlook for net interest margins and wealth management in FY2025 is already reflected in the current price.

We suggest adding OCBC with a TP of S$16.70 and UOB at S$34.50.

OCBC’s strong Common Equity Tier 1 (CET-1) ratio of around 16% at the end of the 2Q 2024 is a significant advantage. This means the bank has a solid financial cushion, which can help it handle potential risks or make new investments.

For UOB, we don’t expect the bank to change its cautious approach until the worries about loan quality due to high interest rates are settled. So far, the bank hasn’t found any major problems with its loans.

In addition to the banks, several other SGX stocks experienced notable declines. These include ESR-LOGOS REIT (SGX:J91U), Manulife US REIT (SGX:BTOU), Mermaid Maritime Public Co Ltd (SGX:DU4), Keppel Pacific Oak US REIT (SGX:CMOU), and Nam Cheong Ltd (SGX:1MZ).

For the full SGX report, click here.

142

ProsperUs Club

08 Nov, 01:20

Stocks with Momentum: SATS, Keppel DC REIT, and OCBC

We analyze SATS Ltd (SGX: S58) and Oversea-Chinese Banking Corp Ltd (OCBC) (SGX: O39), both indicating bullish signals, alongside Keppel DC REIT (SGX: AJBU), which is showing a bearish signal.

Click here to read the suggested target prices.

130

ProsperUs Club

07 Nov, 11:55

Trump 2.0: What’s next for the markets? From small caps to crypto, explore how his return could impact your investments. 🔗 Read more!

https://www.prosperus.asia/stocks/us-stocks/trump-2-0-what-to-watch-out-for-as-trump-returns-to-the-white-house/

143

ProsperUs Club

07 Nov, 09:07

Japfa Ltd. has delivered impressive financial results for the first nine months of 2024, with core net profit surpassing expectations.

Despite challenges such as lower average selling prices in the third quarter, the company achieved higher sales volumes and maintained stable costs, setting a strong foundation for year-end success.

Click to read further!

143

ProsperUs Club

07 Nov, 01:15

Stocks with Momentum: DBS Group, PropNex, and Seatrium

DBS Group Holdings Ltd (SGX: D05), PropNex Ltd (SGX: OYY), and Seatrium Ltd (SGX: 5E2) are designated as technical buys, each showing positive trends.

Click to discover the entry prices, stop-loss levels, and target prices set for these stocks.

156

ProsperUs Club

06 Nov, 10:32

Trump 2.0 is back, and the stakes are high for tech giants! From trade policies reshaping supply chains to content regulations shaking up social media, the "Magnificent Seven" stocks (Apple, Amazon, Alphabet, Meta, Microsoft, Nvidia, and Tesla) are set for a new era of challenges and opportunities. 💼📈

Curious how Trump’s policies could impact your investments? 👉 Click to read more on what this means for tech’s biggest players!

175

ProsperUs Club

06 Nov, 09:09

Dollar Surge Continues as Trump Returns to White House: What’s Next for Major Currencies and Central Bank Moves?

The U.S. Dollar Index (DXY) broke past 105, with markets reacting strongly to Trump’s lead in the presidential race and the potential for upcoming Fed and Bank of England rate cuts. From the yen’s sharp decline to the pound’s dip below 1.3000, major currencies are feeling the impact. With targets at 108 for DXY, 157 for USD/JPY, and further drops for GBP, this article dives into the latest technical outlooks and what traders can expect next.

Click on link to read more: https://www.prosperus.asia/uncategorized/the-red-wave-is-backing-the-dollar-strength-105-00-target-exceeded-bank-of-england-is-expected-to-cut-25-bps/

183

ProsperUs Club

06 Nov, 01:20

Stocks with Momentum: Jardine Matheson Holdings & Olam International

We examine Jardine Matheson Holdings Ltd (SGX: J36) and Olam International Ltd (SGX: O32), both designated as ‘technical buys’ due to their bullish indicators.

Jardine Matheson Holdings has broken out of a long-term downtrend line and formed a series of higher highs and lows. Meanwhile, Olam International’s price action shows a positive continuation to the upside.

Discover our suggested target prices for these stocks.

164

ProsperUs Club

05 Nov, 10:01

A Trump win could boost infrastructure, industrial, and energy stocks like Jacobs Solutions (NYSE: J) and Occidental Petroleum (NYSE: OXY), while a Harris victory may favor tech, healthcare, and real estate sectors, benefiting companies like NVIDIA (NASDAQ: NVDA) and HCA Healthcare (NYSE: HCA).

Diversifying into resilient sectors like Microsoft (NASDAQ: MSFT) and Amazon (NASDAQ: AMZN) could be a safe bet regardless of the outcome. [Click to read more]

170

ProsperUs Club

04 Nov, 10:32

Get ready for a whirlwind week with the 2024 Presidential Election, upcoming Fed rate decision, and more 3Q earnings reports from top companies such as Vertex Pharmaceuticals Inc (NASDAQ:VRTX), Palantir Technologies Inc (NYSE:PLTR), and Marriott International Inc (NASDAQ:MAR) to analyze.

Click to read further!

172

ProsperUs Club

04 Nov, 10:01

Singapore Market Week Ahead: SGX Q3 Earnings, Global Influences from US Elections and Fed Policy

As November kicks off, the Singapore market is set to review Q3 earnings from top banks like DBS, OCBC, and UOB, alongside local economic indicators such as September retail sales and October S&P Global Singapore PMI. Global events, including the US presidential elections and Fed policy decisions, add to the mix.

Click for more information!

162

ProsperUs Club

04 Nov, 09:31

Following its Q3 2024 earnings results, which aligned with Bloomberg consensus, Kasikornbank Public Company Ltd (SGX: TKKD) (SET: KBANK) maintained its 2024 financial targets but noted it may not meet its loan growth target for the year.

Despite this, KBank remains optimistic about its net fee income growth target.

Dive into this article to explore KBank's financial performance, key takeaways from the results briefing, and the risks investors should monitor.

164

ProsperUs Club

04 Nov, 02:31

🚀 Latest Market Trends from the SGX Daily Momentum Report (Nov 1, 2024)

Singapore Telecommunications Ltd (SGX:Z74), or SingTel, fell 1% to S$3.10 amid active trading after court proceedings began against its subsidiary, Optus Mobile, in Australia. The Australian Competition and Consumer Commission filed a case against Optus Mobile for alleged inappropriate sales conduct, seeking penalties and other remedies.

Olam Group Ltd (SGX:VC2) surged 14% to S$1.22, with trading volume up 1,507.5% above its 10-day average. This followed a non-binding offer from a state-owned Saudi investment firm for the remaining stake in Olam Agri.

In other stock movements, Bumitama Agri Ltd (SGX:P8Z) rose 7.1%, with volume exceeding 409.8% above its 10-day average. The stock closed at S$0.83, its highest since April 2022. Shanaya Ltd (SGX:SES) climbed 5.7%. Thai Beverage Public Co Ltd (SGX:Y92) dropped 5.7%.

For the full SGX report, click here.

174

ProsperUs Club

04 Nov, 01:30

Stock with Momentum: Hongkong Land Holdings

Hongkong Land Holdings Ltd (SGX: H78) shows potential signs of a bullish scenario going forward. The stock is designated as a ‘technical buy’ after forming a series of higher highs and lows, indicating a continued uptrend.

Check out our suggested target prices.

190

ProsperUs Club

01 Nov, 03:47

iFAST Corporation Ltd (SGX:AIY) reported strong earnings growth in 3Q 2024, driven by improved performance in its Hong Kong ePension contributions. With plans to launch an Occupational Retirement Schemes (ORSO) platform project in 1Q 2025, iFAST has reiterated its FY2025 targets for its Hong Kong business, including a profit before tax target of over HK$500 million.

Read the full article for further information on earnings performance highlights, future prospects, and key risks to monitor.

Read more here!

237

ProsperUs Club

01 Nov, 02:49

🚀 Latest Market Trends from the SGX Daily Momentum Report (Oct 30, 2024)

Hongkong Land Holdings Ltd (SGX:H78) saw its share price surge by 10.7%, closing at S$5.70, a 52-week high. Trading volume spiked by 909% above its 10-day average. The company announced a strategic shift from the build-to-sell segment to recycling capital into new integrated commercial property opportunities, focusing on a smaller number of ultra-premium projects.

Jardine Matheson Holdings Ltd (SGX:J36), the parent company of Hongkong Land, experienced a 5.1% increase in share price, with trading volume rising 416% above its 10-day average.

Aztech Global Ltd (SGX:8AZ) saw its share price drop 26.7% with trading volume surging 5,954% above its 10-day average. The company reported a 55.7% YoY decline in 3Q24 net profit to S$13.7 million, and revenue fell 41.2% YoY to S$166.7 million. Management expects a slower 4Q24F with an order book of S$142 million, the lowest since 4Q20.

Nio Inc (SGX:NIO) experienced volatility, with its share price dropping 7.3% following a 10.7% jump the previous day. Trading volume has slightly declined.

For the full SGX report, click here.

215

ProsperUs Club

30 Oct, 03:06

🚀 Latest Market Trends from the SGX Daily Momentum Report (Oct 29, 2024)

Japfa Ltd (SGX:UD2) surged by 9.7%, with trading volume skyrocketing 1,880% above its 10-day average. The stock closed at S$0.395, its highest since April 2022. Japfa’s 9MFY24 core net profit of US$90.5 million exceeded expectations. We are optimistic about Japfa’s FY25F outlook, driven by potential consumption stimulus measures from Indonesia’s government and improving demand dynamics for swine in Vietnam.

Nio Inc (SGX:NIO) jumped 10.7%, with a 75.7% increase in trading volume compared to its 10-day average. This rise is likely due to optimism surrounding the company’s upcoming 3Q earnings call on Dec 3 and a positive outlook for 4Q.

Beng Kuang Marine Ltd (SGX:BEZ) rose by 6.4%, also on higher trading volume. The company has redeemed its $3.5 million bond due on Nov 5, previously issued in 2021. Additionally, Beng Kuang Marine plans to issue new bonds worth up to $3.5 million, maturing in 2027, with an annual interest rate of 9%, payable semi-annually.

Wee Hur Holdings Ltd (SGX:E3B) fell by 5.5%. The stock had previously rallied on speculation about the potential sale of Wee Hur’s Australian student accommodation assets.

For the full SGX report, click here.

228

ProsperUs Club

30 Oct, 00:45

Hasbro's Q3 2024 earnings showed strong EPS growth but a 14.7% revenue decline due to weak toy sales, while gaming and licensing segments performed well, indicating a strategic shift towards higher-margin areas despite ongoing challenges in traditional consumer products.

Read more here!

211

ProsperUs Club

29 Oct, 02:58

🚀 Latest Market Trends from the SGX Daily Momentum Report (Oct 28, 2024)

Several stocks from diverse industries experienced significant drops in share prices:
- Shanaya Ltd (SGX:SES): -9.3%
- Wee Hur Holdings Ltd (SGX:E3B): -6.2%
- Trans-China Automotive Holdings Ltd (SGX:VI2): -5.9%
- Mermaid Maritime Public Co Ltd (SGX:DU4): -5.5%
- RH PetroGas Ltd (SGX:T13): -5.5%
- Hutchison Port Holdings Trust (SGX:NS8U): -5.3%

Conversely, Nio Inc (SGX:NIO) saw a rise of 5.3%.

For active trades, iFast Corporation Ltd (SGX:AIY) saw a 486.2% increase in trading volume compared to its 10-day average. The company reported a 3QFY2024 PATMI of S$16.8 million, a 97% increase YoY. HK ePension contributions progressed, and UK banking losses were halved to S$0.8 million.

Digital Core REIT (SGX:DCRU) saw a significant 329.5% increase in trading volume compared to its 10-day average. For 3Q24, the REIT reported distributable income of US$12 million, marking a 19.4% increase YoY. It achieved positive rental reversion of 2-3% for US$30 million in renewal leases with hyperscalers across North America, and a portfolio-wide positive rental reversion of 10.5%.

For the full SGX report, click here.

221

ProsperUs Club

28 Oct, 09:17

Major happenings this week encompass earnings from five of the ‘Magnificent 7’ tech companies, Q3 GDP advance estimates, September PCE inflation data, and October’s non-farm payrolls and unemployment rate, all crucial data in the final stretch before the Federal Reserve’s pivotal meeting and the U.S. election in early November.

Market participants are likely to witness a week filled with directional signals that will shape the U.S. market’s path into the year’s end.

Dive into the details and stay ahead of the market trends!

156

ProsperUs Club

28 Oct, 07:33

Coca-Cola’s Q3 2024 results show resilience with a 9% increase in organic revenues, despite a slight decline in net revenues. This performance is driven by effective pricing strategies and strong demand in North America, while the company faces challenges in the Asia-Pacific and EMEA (Europe, Middle East, and Africa) regions.

Read more here!

132

ProsperUs Club

28 Oct, 07:33

As Q3 earnings continue to roll in, key SGX companies such as Wilmar International Ltd (SGX:F34), Mapletree Industrial Trust (SGX:ME8U), and Aztech Global Ltd (SGX:8AZ) are set to release their reports.

Additionally, Singapore’s latest unemployment and money supply data will provide insights into the country’s economic health.

Globally, earnings from the ‘Magnificent 7’ stocks, US GDP growth, Japan’s interest rate decision, and China’s manufacturing data are expected to shape market sentiment as we progress through the final quarter.

Read more here!

146

ProsperUs Club

28 Oct, 02:55

🚀 Latest Market Trends from the SGX Daily Momentum Report (Oct 25, 2024)

SATS Ltd (SGX:S58) (SATS.SI) emerged as a standout performer, with its share price surging by 7.2% to close at S$4.01, the highest since May 2022. Trading volume spiked by 463% above its 10-day average, likely driven by a positive outlook for the in-flight caterer and ground handler.

Mapletree Pan Asia Commercial Trust (MPACT) (SGX:N2IU) (MACT.SI) experienced a 5% drop in share price amid unusually high trading activity. The REIT reported a lower distribution per unit for 2QFY2025, attributed to reduced revenue and net property income following the divestment of Mapletree Anson in July and lower contributions from overseas assets.

First Resources Ltd (SGX:EB5) (FRLD.SI) saw a 421% increase in trading volume compared to its 10-day average, with its closing price rising by 2.7%. Our technical analysis has issued a ‘technical buy’ on the stock, indicating a strong upward breakout.

For the full SGX report, click here.

150

ProsperUs Club

28 Oct, 01:31

ComfortDelGro's acquisition of Addison Lee for £269.1 million strengthens its position in the premium mobility market, expected to boost earnings by £8 million annually and offer a 5.3% dividend yield, making it an attractive investment despite potential integration and economic risks.

Read more here!

132

ProsperUs Club

28 Oct, 01:11

Stocks with Momentum: First Resources, Jardine Cycle & Carriage, and Katrina Group

First Resources Ltd (SGX: EB5), Jardine Cycle & Carriage Ltd (SGX: C07), and Katrina Group Ltd (SGX: 1A0) have been identified as ‘technical buys’ due to their bullish price actions.

For detailed entry prices, stop loss, and target prices, please refer to this link.

150

ProsperUs Club

25 Oct, 13:00

Tesla's impressive Q3 earnings and market cap surge highlight its strong growth potential and operational efficiency, but investors should weigh the high valuation and competitive risks before deciding to buy.

Click to read more!

215

ProsperUs Club

25 Oct, 02:42

🚀 Latest Market Trends from the SGX Daily Momentum Report (Oct 24, 2024)

While no SGX stocks saw a significant rise in share price, two stocks experienced notable declines. Trans-China Automotive Holdings Ltd (SGX:VI2)(TRAS.SI), a China-based car dealership, slipped by 6.9%, with trading volume dropping 36.6% compared to its 10-day average. Sinarmas Land Ltd (SGX:A26)(SINA.SI) also saw a sharp decline of 6.1%, erasing the gains from an 8.2% increase the previous day, accompanied by a drop in trading volume.

Meanwhile, stocks with trading volumes exceeding their 10-day average included Valuetronics Holdings Ltd (SGX:BN2)(VLUE.SI) and Keppel Infrastructure Trust (SGX:A7RU)(KPLM.SI), indicating increased interest.

For the full SGX report, click here.

204

ProsperUs Club

25 Oct, 01:30

Mapletree Logistics Trust (MLT) (SGX: M44U) (MAPL.SI) is strategically divesting S$1 billion in assets and pursuing acquisitions in emerging markets to enhance its portfolio. Despite challenges in its Chinese operations, our analysts maintain a projected FY2025F DPU yield of 5.7%.

👉Read more Here!

188

ProsperUs Club

25 Oct, 01:05

Stock with Momentum: CapitaLand Integrated Commercial Trust

CapitaLand Integrated Commercial Trust (CICT) (SGX: C38U) has been designated as a ‘technical sell’ after showing signs of topping out. Its price action indicates weakness and the potential for entering a larger corrective phase.

Discover our suggested target prices here.

185

ProsperUs Club

24 Oct, 04:16

Parkway Life REIT's expansion into Europe through the acquisition of nursing homes in France enhances its portfolio with stable income and growth potential, appealing to income-focused investors.

💡Click to read more!

196

ProsperUs Club

24 Oct, 02:48

🚀 Latest Market Trends from the SGX Daily Momentum Report (Oct 23, 2024)

Parkway Life REIT (SGX:C2PU) traded actively, surging 841.4% above its 10-day average volume. Its private placement to fund the acquisition of 11 nursing homes in France closed at an issue price of S$3.80 per new unit. Despite a 3.5% dip in share price, closing at S$3.85, our firm maintains an “add” call on Parkway Life REIT with a target price of S$4.91. We favor the REIT for its stability, supported by a defensive income structure with in-built rent escalation features.

Keppel Infrastructure Trust (SGX:A7RU) also experienced higher trading volume, up 491% compared to its 10-day average. However, its share price dropped 3.2%. The trust’s distributable income fell 60.1% year-on-year to S$106.1 million for the first nine months of 2024, due to the absence of a special distribution recorded the previous year.

Sinarmas Land Ltd (SGX:A26) saw its price rise sharply by 8.2% to close at S$0.33 amid heavier trading. Wee Hur Holdings Ltd (SGX:E3B) continued its growth trend, with its share price climbing 6.3% to S$0.505.

For the full SGX report, click here.

192

ProsperUs Club

24 Oct, 01:00

Keppel REIT reported strong revenue growth during its latest earnings results and with an attractive dividend yield of 6.5%, the REIT continues to offer potential for your investment portfolio. However, there are also some key risks to keep an eye on with uncertainty linger over the US Fed rate path going forward. Click here to read the key takeaways for investors and find out if it's the right fit for your portfolio.

169

ProsperUs Club

24 Oct, 00:58

Stock with Momentum: Bumitama Agri

Bumitama Agri Ltd (SGX: P8Z) has been identified as a ‘technical buy’ due to recent price action signaling a potential upward correction, which may indicate the beginning of an upward trend.

Explore our recommended target prices here.

30

ProsperUs Club

23 Oct, 09:44

Investing in Tesla before its earnings report presents growth potential due to rising revenue and innovation, but also significant risks from declining profits and uncertainty around new products.

🔎Find out more here!

99

ProsperUs Club

23 Oct, 03:12

🚀 Latest Market Trends from the SGX Daily Momentum Report (Oct 22, 2024)

Wee Hur Holdings Ltd (SGX:E3B) experienced a notable 10.5% increase in share price, with trading volume surging 275.9% above its 10-day average. The stock closed at S$0.475, marking its highest level since 2013. Wee Hur is presently engaged in early-stage confidential discussions with a third party about its purpose-built student accommodation business in Australia, which “may or may not lead to a transaction.”

Keppel DC REIT (SGX:AJBU) continues its upward trend, closing at S$2.31, the highest since January 2022. The REIT secured its second positive rental reversion of over 40% on a lease renewed with a major tenant in Singapore, along with positive reversions on leases renewed in Australia, Dublin, and Amsterdam during Q3 2024.

For the full SGX report, click here.

120

ProsperUs Club

23 Oct, 01:06

Stock with Momentum: Q&M Dental Group

Q&M Dental Group is marked as a ‘technical buy’ due to its formation of higher highs and lows, maintaining a strong position within the uptrend channel.

Discover our suggested target prices for this stock here.

117

ProsperUs Club

22 Oct, 09:40

Earnings season has started, with companies like Tesla and Boeing reporting results. Low expectations mean that exceeding them could boost stocks significantly, while misses may lead to declines. Investors should monitor these reports and keep a diversified portfolio to manage volatility.

Read to discover more!

128

ProsperUs Club

22 Oct, 09:40

The S&P 500 has paused after a six-week winning streak, indicating potential short-term dips. This correction is normal and may offer buying opportunities. Investors should monitor upcoming earnings reports and consider buying during dips.

Discover more from here!

117

ProsperUs Club

21 Oct, 09:03

This week, the US stock market focuses on major earnings reports from Tesla, Boeing, and Lockheed Martin, with Tesla under pressure after a stock decline. Economic indicators like PMI readings and Japan's CPI will also impact market sentiment.

Click to read more!

139

ProsperUs Club

21 Oct, 08:17

This week, the Singapore market will highlight earnings reports from major REITs and key economic data, including inflation and industrial production, which will shape investor sentiment. Global economic developments may also influence local markets.

🗞Click to read more!

148

ProsperUs Club

18 Oct, 09:28

Tesla unveils the Cybercab and Robovan, aiming to revolutionize autonomous transport. Will they meet ambitious timelines?

Tesla’s vision for affordable self-driving vehicles is exciting, but challenges lie ahead.

Click to read more!

🚀💡 #Tesla #AutonomousVehicles #FutureOfTransport #Cybercab #Robovan #SelfDriving #TechNews

206

ProsperUs Club

17 Oct, 10:54

TSMC's Q3 earnings show impressive growth driven by AI demand and global expansion plans. 📊 Curious about what’s next for one of the world’s top chipmakers? Click on link to read these 5 key takeaways!

https://www.prosperus.asia/stocks/us-stocks/5-key-takeaways-from-tsmcs-q3-2024-earnings-ai-demand-and-global-expansion-fuel-growth/

214

ProsperUs Club

16 Oct, 11:16

A Trump win in 2024 could benefit energy companies, regional banks, and crypto stocks, creating investment opportunities as policies shift.

Click to read more!

213

ProsperUs Club

16 Oct, 04:04

Singapore's stock market is thriving, driven by S$1.4 billion in institutional investments, strong performances from key stocks, and a resurgence in S-REITs, suggesting a positive outlook for continued growth despite retail investor caution.

Click to read more!

181

ProsperUs Club

16 Oct, 00:58

Stock with Momentum: CapitaLand Ascendas REIT

CapitaLand Ascendas REIT (SGX: A17U) is designated as a ‘technical sell’ due to its price action exhibiting a more significant corrective structure.

The stock has broken below the support-turned-resistance level at S$2.89, confirming the bearish reversal pattern.

Discover suggested entry prices, stop loss level, and target prices here.

191

ProsperUs Club

15 Oct, 10:02

Singapore's GDP grew 4.1% in Q3 2024, fueled by a strong 7.5% rebound in manufacturing.
Investors should focus on manufacturing and stable services companies, while maintaining a long-term investment perspective amidst global risks and inflation concerns.

Click to read more!

196

ProsperUs Club

15 Oct, 09:03

Bitcoin at $65K: Explore US Stocks with Crypto Exposure

As Bitcoin reaches $65K, several US companies are closely tied to the cryptocurrency market. If you're interested in gaining indirect exposure, explore these five US stocks that could be impacted by Bitcoin’s movements.
Remember to assess the risks and invest wisely.

Discover more!

193

ProsperUs Club

14 Oct, 10:04

US Market Week Ahead: Retail Sales Data and Key Financial, Consumer 3Q Earnings

This week, the spotlight is on September retail sales data and third-quarter earnings from major financial and consumer companies like Bank of America Corp (NYSE:BAC), Goldman Sachs Group Inc (NYSE:GS), and Netflix Inc (NASDAQ:NFLX).

Additional September economic reports, including building permits, industrial production, and import/export prices, will provide further insights into the state of the economy.

Read more here.

212

ProsperUs Club

14 Oct, 04:15

Singapore Market Week Ahead: Updates on Economic Performance, Policy, and REITs

This week, the markets will be buzzing with discussions on the latest monetary policy decision by MAS and the 3Q GDP advance reading released on Monday.

Additionally, investors will be assessing quarterly results from several REITs, including Parkway Life REIT, Keppel DC REIT, and Sabana Industrial REIT.

Stay informed with this article on the key data releases in Singapore for the week ahead.

Click to read more!

199

ProsperUs Club

14 Oct, 02:55

🚀 Latest Market Trends from the SGX Daily Momentum Report (Oct 11, 2024)

Dyna-Mac Holdings Ltd (SGX:NO4) saw a jump in trade volume, up 537.6% compared to its 10-day average. The share price rose by 3.2%, closing at an all-time high of S$0.65. This followed the estate of Dyna-Mac’s founding shareholder questioning Hanwha Group’s offer of S$0.60 per share for lacking an “attractive control premium.” Investors appear to be anticipating a higher offer from Hanwha.

Trans-China Automotive Holdings Ltd (SGX:VI2), a China-based car dealership, experienced a 5.2% drop in share price following a significant rise the previous day, indicating some volatility.

ComfortDelGro Corporation Ltd (SGX:C52) saw a moderate increase in trade volume, 176.6% above its 10-day average, though its share price remained unchanged. SATS Ltd (SGX:S58) faced a 4.2% decline in share price amidst increased trading activity.

For the full SGX report, click here.

217

ProsperUs Club

14 Oct, 01:01

Stock with Momentum: Nam Lee Pressed Metal Industries

Nam Lee Pressed Metal Industries Ltd (SGX: G0I) is showing promising signs of a bullish rebound. The stock has broken out of its downtrend line with strong, rising volume, making it a ‘technical buy.’

Explore suggested entry prices, stop-loss level, and target prices here.

197

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