$RAFFLES MEDICAL GROUP LTD(BSL.SI)$...great 1H22 results!Stock rallied on low expectations andfantastic results.Overseas patients have started to come back which has mitigated the declining in services provided to fighting COVID. Losss in China hospitals are steady and within expectations.The new in-vitro fertilisation/assistedreproductive therapy centre in Hainanis a new growth area.So great job, RM!Also look forward to the results from $Q & M DENTAL GROUP (S) LIMITED(QC7.SI)$...revenue and profit should have declined significantly. But its dental services should still be in resilient growth.Market has priced in the decline and now has positioned for a recovery?!What do y
$SINGAPORE TECH ENGINEERING LTD(S63.SI)$...a defensive and recovery stick to invest and hold.STE has three 3 businesses;- defence, which is by nature defensive; let alone we're at a time when the world is having a on-going war- aerospace engineering, in recovery from from COVID slowdown. Besides,STE has invested into aerospace OEM business like nacelles.- smart city solutions. STE has a plethora of solutions in this space from road to rail to sky (satellite communications). Urbanisation is during the growth.Now you see, a very defensive blue-chip conglomerate with steady businesses even during economic slowdown while has good growth potential for industry or economic recovery.A buy to me.What do you think?
$TENCENT(00700)$...Tencent fell while $Lion-OCBC Sec HSTECH S$(HST.SI)$rallied? What's going on?!There were 2 pieces of news yesterday: - Naspers/Prosus plans to reduce Tencent stake by selling it 2-3% of market daily volume each time. This was not really news. Market reacted negatively but measured.- Tencent announced partnering c.40automotive companies to provide a custom-built cloud for EVs. I think thisis a big news, a great growth area. The market is yet to take in the potential fully.Net net I am still positive on Tencent for a recovery rally. I see its share price to break $400 any time!What do you think?
$DBS GROUP HOLDINGS LTD(D05.SI)$...there is no better stock to watchfor the next move of Singapore market than DBS.Which factor is having the upper hand, rates hike to arrest high inflation, or economic slowdown which potentially results in a recession?The earnings report from DBS and itsoutlook for the rest of the year is therefore a very important indicator to watch.Nevertheless there are many defensive stocks that investors can take a look as, on top of their sound fundamentals, their technical indicators show signs of breakout. Examples include $SHENG SIONG GROUP LTD(OV8.SI)$,$SINGAPORE TECH ENGINEERING LTD(S63.SI)$, Singtel.Other interesting
$Lion-OCBC Sec HSTECH S$(HST.SI)$...is HST on an up trend?It surely looks like that to me.It has higher lows since middle March's all time low at 0.584 and has crossed the 50-D MA line. Further crossing 100-D MA line is certainly a good indicator of a middle-term rise trend.Fundamentally, Chinese techs have experienced a broad and significant decline during the past 2+ years due to China's regulatory actions and geopolitical pressures.Since middle March, HST has recovered from its ATL for c.40%. China has reaffirmed policies to support the technical industries including the all powerful Internet platform companies.So it certainly looks like we're gettinga better time ahead of us, and HST could be a good co
$ASCENDAS REAL ESTATE INV TRUST(A17U.SI)$...dividend 5-6%, p/navaround 1-1.1, I think it's a good level to accumulate.The largest industrial REIT listed in SGX, with a portfolio of income generating of business parks, light industrialproperties, data centres...across a diverse geographical locations.Some may ask why the unit price hasbeen in decline? Worries!- interest rates hikes. Valid concern but majority is naturally hedged.- inflation. RE is a natural hedge against inflation. Most have rental reversion built it.- economic slowdown. Reasonable concern...right now growth is still expected globally even regions may go into slow growth or even short recession.- rising utility costs. Most of the REITs, particularly industrial, those costsa
$MAPLETREE COMMERCIAL TRUST(N2IU.SI)$...EGM is coming! Make sure you vote, directly or ask your proxy bank to vote accordingly.Vote "NO" to the merger with $MAPLETREE NORTH ASIA COMM TR(RW0U.SI)$...if you have been MCT's unitholder and your unit price has droppedfrom 2.2 level to the current due to the merger.If the merger deal is off, the unit price will rebound!