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A place for the Singapore investment community to share information and updates
[PREMIUM CONTENT] Panin Bank acquisition impact for OCBC and DBS could be smaller on uncertainties surrounding Gunawan family’s plans:
Read: https://link.theedgesingapore.com/bn5ZAxaRMZczc1iz8
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📢 Year End Announcement
Dear Subscribers,
Thank you for your showing your support to our Maybank Trade Telegram channel. Kindly be informed that our final posting for this year will be as follows:
🇲🇾 Kopi-O & Traders' Almanac: 16 December 2024
🇭🇰 Dim Sum Daily: 13 December 2024
Publication will resume on 2 January 2025. We would like to take this opportunity to wish everyone Happy Holidays, a Merry Christmas and a Happy New Year!
Sincerely,
Trade With Maybank Team
Logistics Focused REITs Comparison @ 8 December 2024
https://www.reit-tirement.com/2024/12/logistics-focused-reits-comparison-8.html
Maybank IBG Traders’ Almanac
(13 Dec 2024) - Market awaits details on China stimulus
For the full report, stock ideas, and market flows, access Market Insight on Maybank Trade on Apple Store and Google Play.
#MaybankIBGResearch
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TRADING IDEAS: 🇺🇸 UNITED STATES
13 December 2024
🏢 Home Depot Inc (HD US): Robust housing and related spending
BUY Entry – 420 Target – 460 Stop Loss – 400
🏭 Sprouts Farmers Market Inc (SFM US): Appeal to health-conscious consumers
BUY Entry – 150 Target – 170 Stop Loss – 140
➡️ Read More: https://www.kgieworld.sg/research/dec13us24
@kgisg
TRADING IDEAS: 🇸🇬 SINGAPORE
13 December 2024
🏢 Bumitama Agri Ltd (BAL SP): Palm oil demand to maintain
BUY Entry – 0.89 Target– 0.97 Stop Loss – 0.85
🏬 DBS Group Holdings Ltd (DBS SP): Visionary move
BUY Entry – 44 Target– 48 Stop Loss – 42
➡️ Read More: https://www.kgieworld.sg/research/dec13sg24
@kgisg
Top Stories, 13 December 2024
1. Dow futures are little changed after index posts longest losing streak since April: Live updates
https://www.kgieworld.sg/research/wfx8
2. Trade COMEX Gold futures and options contracts for a globally relevant, liquid financial instrument to help you hedge against inflation.
Find out more:
https://www.kgieworld.sg/research/CME_Gold
3. China pledges more debt, rate cuts to counter Trump's tariff threats
https://www.kgieworld.sg/research/a8z3
4. PPI shows wholesale inflation jumped more than expected amid 'extended and bumpy journey' to Fed's target
https://www.kgieworld.sg/research/lwid
5. Oil settles flat; markets weigh IEA surplus forecast, rate cut optimism
https://www.kgieworld.sg/research/8hx4
6. EUR/USD pushed into a fifth straight loss, falls below 1.05 again
https://www.kgieworld.sg/research/imn3
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Stay Connected with KGI
Find out how: https://www.kgieworld.sg/futures/kgi-subscribe
CNBC Television (Youtube)
We're about to have a president who is the corner man for business, says Jim Cramer
'Mad Money' host Jim Cramer talks President-Elect Trump's visit to the NYSE and his interview with CNBC.
Money and Me: Data Centered S-REITs; here is what you need to know
https://mystocksinvesting.com/monthly-market-update/money-and-me-data-centered-s-reits-here-is-what-you-need-to-know/
Portfolio & Dividend Update : 3rd Qtr 2023
https://stestocksinvestingjourney.blogspot.com/2023/09/portfolio-dividend-update-3rd-qtr-2023.html
What we learnt from our dialogue with European S-REITs
https://growbeansprout.com/european-singapore-reits-discovery-series
🇸🇬 [Webinar Playback] SGX Discovery Series: Unlocking Opportunities: Navigating the landscape of European S-REITs
Interested to find out more about Singapore-listed European Real Estate Investment Trusts (REITs)? This webinar aims to equip you with a comprehensive understanding of the European S-REITs, and the necessary insights to navigate the evolving landscape of the sector. Watch this playback to find out exciting prospects of investing in this dynamic sector, featuring senior executives of leading European REITs including Cromwell European REIT, Elite UK REIT and IREIT Global.
➡️ Access the full recording here: bit.ly/4g4SsH9
CNBC Television (Youtube)
Mad Money - 12/12/24 | Audio Only
Listen to Jim Cramer’s personal guide through the confusing jungle of Wall Street investing, navigating through opportunities and pitfalls with one goal in mind - to help you make money.
For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/42d859g
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Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in business news worldwide.
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CNBC Television (Youtube)
Jim Cramer breaks down President-Elect Trump's visit to the NYSE today
'Mad Money' host Jim Cramer talks President-Elect Trump's visit to the NYSE and his interview with CNBC.
Musk says SpaceX headquarters to be in Starbase, Texas
https://www.channelnewsasia.com/business/musk-says-spacex-headquarters-be-starbase-texas-4804571
Maybank IBG Hong Kong - Dim Sum Daily (13 Dec 2024)
1️⃣ The Hong Kong market advanced by 1.2% as investors anticipate stronger stimulus measures from an ongoing key policy meeting. The Hang Seng Index rose 242pts to 20,397pts, on a turnover of HKD157.7 billion.
2️⃣ Yesterday, China's consumption sector outperformed the market after a report highlighted more cities launching a new round of voucher programmes (details in the image above)
Trade Your Way Forward. Simple, Smart and Seamlessly.
#MaybankIBGResearch
#MaybankIBGDimSum
Singapore shares fall at Friday’s open; STI down 0.2%
https://www.businesstimes.com.sg/companies-markets/singapore-shares-fall-fridays-open-sti-down-0-2
Email feed
OIR Amazon.com Inc (AMZN US) - Positive momentum to continue in 2025
Broadcom shares jump after chipmaker predicts AI sales surge
https://www.straitstimes.com/business/companies-markets/broadcom-shares-jump-after-chipmaker-predicts-ai-sales-surge
TRADING IDEAS: 🇭🇰 HONG KONG
13 December 2024
🏭 Sands China Ltd (1928 HK): Tourism recovery
BUY Entry – 21.5 Target 24.5 Stop Loss – 20.0
💠 Goldwind Science & Technology Co Ltd. (2208 HK): Spurring investments into renewable energy
BUY Entry – 7.0 Target 8.0 Stop Loss – 6.5
➡️ Read More: https://www.kgieworld.sg/research/dec13hk24
@kgisg
Technical Analysis: 13 December 2024
🇸🇬 SG
Propnex Ltd (PROP SP)
Japfa Ltd (JAP SP)
🇭🇰 HK
China Merchants Bank Co Ltd (3968 HK)
China Construction Bank Corp (939 HK)
Read More: https://www.kgieworld.sg/research/dec13ta24
@kgisg
iFAST Daily Brew ☕️ - 13 Dec 2024
Wall Street eased amid cautious sentiment ahead of Fed meeting next week
🇺🇸 S&P 500: -0.54% 📉
🇺🇸 NASDAQ: -0.66% 📉
🇪🇺 STOXX 600: -0.14% 📉
🇯🇵 Nikkei 225: 1.21% 📈
🇭🇰 Hang Seng: 1.20% 📈
🇨🇳 CSI 300: 1.00% 📈
🇸🇬 STI: 0.43% 📈
3 Things You Need To Know
1. US equities lost steam Thursday, with the S&P 500 and Nasdaq Composite declining -0.5% and -0.7% respectively, as investors weighed stronger than expected wholesale inflation and rising unemployment claims against recent market gains.
2. Asian markets rallied as Chinese stocks surged, with the Hang Seng Index and CSI 300 Index rising 1.2% and 1%, respectively, driven by gains in the technology and property sectors.
3. China signaled plans for increased public borrowing and spending in 2025, with a policy shift toward boosting consumption and ramping up stimulus efforts to drive growth ahead of looming US tariffs.
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Money and Me: Finding attractive S-REITs in a rate cutting environment
https://mystocksinvesting.com/monthly-market-update/money-and-me-finding-attractive-s-reits-in-a-rate-cutting-environment/
[Event] Strategy & Stock Picks 1Q2025
Our highly anticipated Strategy & Stock Picks 1Q2025 will commence on 4 Jan, 10am (SGT) with a focus on the Singapore Market and will conclude on 9 Jan, 7:30pm (SGT).
Seize this opportunity to learn from our research analysts and register for the Strategy and Stock Picks event!
Sign up here for the online sessions: https://tinyurl.com/mpuubmwj
For more details, please check out https://www.poems.com.sg/strategy-stock-picks/
Beauty ( Value ) Is In The Eye Of Beholder
https://stestocksinvestingjourney.blogspot.com/2023/11/beauty-value-is-in-eye-of-beholder.html
Curated Headlines for 13 December 2024
South China Morning Post
Hong Kong stocks advance as investors await details from China economic meeting
China’s economic work conference is expected to conclude on Thursday
https://www.scmp.com/business/china-business/article/3290418/hong-kong-stocks-advance-investors-gear-details-china-economic-meeting?module=top_story&pgtype=section
Hong Kong IPO: Chinese soy sauce maker Foshan Haitian eyes dual listing
The Foshan-based condiment maker’s board has given the go-ahead for the fundraising plan
https://www.scmp.com/business/china-business/article/3290537/hong-kong-ipo-chinese-soy-sauce-maker-foshan-haitian-eyes-dual-listing?module=top_story&pgtype=section
Huawei’s new Mate 70 smartphone chip is ‘not a major redesign’, teardown report finds
The findings contradict enthusiasm on Chinese social media, where users claimed the new Kirin 9020 had a performance boost of 30 per cent
https://www.scmp.com/tech/tech-trends/article/3290532/huaweis-new-mate-70-smartphone-chip-not-major-redesign-teardown-report-finds?module=top_story&pgtype=section
The Business Times
Bitcoin lifted above US$100,000 on firming expectations of Fed cut
https://www.businesstimes.com.sg/companies-markets/banking-finance/bitcoin-lifted-above-us100000-firming-expectations-fed-cut
Gold rises for fifth day as US data lifts Fed rate-cut bets
https://www.businesstimes.com.sg/companies-markets/energy-commodities/gold-rises-fifth-day-us-data-lifts-fed-rate-cut-bets
Microsoft expects US$800 million impairment charge in Q2 2025 over General Motors’ Cruise exit
https://www.businesstimes.com.sg/companies-markets/microsoft-expects-us800-million-impairment-charge-q2-2025-over-general-motors-cruise-exit
The Wall Street Journal
Activist Starboard Value Takes Stake in Bitcoin-Mining Company Riot
Starboard wants Riot to convert some of its bitcoin-mining facilities into space for big data-center users
https://www.wsj.com/finance/currencies/activist-starboard-value-takes-stake-in-bitcoin-mining-company-riot-82b3796f
Novo Nordisk’s Ozempic Gets EU Regulator Endorsement to Reduce Kidney Risks
Study showed the drug cuts the risk of kidney disease-related events in diabetic patients by 24%
https://www.wsj.com/health/pharma/novo-nordisks-ozempic-gets-eu-regulator-endorsement-to-reduce-kidney-risks-c89bc97e?mod=hp_listb_pos3
Barron’s
Costco’s Earnings Topped Expectations. Sales Were a Tad Soft.
https://www.barrons.com/articles/costco-earnings-stock-price-news-e37d18cf?mod=hp_minor_pos23&_gl=1*1qxl0tc*_gcl_au*MTAwNDk0NjUyNS4xNzMxOTczMzQy*_ga*ODQ0MDY0MDUxLjE3MTU4MTcyMTQ.*_ga_K2H7B9JRSS*MTczNDAzODg5NC4xNi4xLjE3MzQwMzk0NTEuMTEuMC4w
CNBC Television (Youtube)
Lightning Round: I don't think Star Bulk's yield can hold up, says Jim Cramer
'Mad Money' host Jim Cramer weighs in on stock including: Applied Materials, Star Bulk Carriers, Navitas, and Booz Allen Hamilton.
Five stories to start your day:
1. OCBC joins JS-SEZ excitement; SMEs say moving business to Johor is a 'must do before elimination'
2. ECB cuts for third straight time to prop up flagging economy
3. OPEC+ supply delay won’t prevent oil glut next year, IEA says
4. XMH Holdings reports 1HFY2025 earnings of $12.6 mil, up 94.5% y-o-y
5. Keppel DC REIT receives 79.4% excess applications for preferential offering
📰 Follow us on @theedgesg for market-moving news and the latest headlines.
Maybank IBG Kopi-O (13 Dec 2024)
The KLCI (-0.07%) extended its losing streak, with the healthcare sector (-1.15%) emerging as the weakest performer for the second session in a row. Glove stocks led declines, with HARTA (-3.32%), TOPGLOV (-2.22%), KOSSAN (-3.03%), and SUPERMX (- 2.83%) among the main laggards. In contrast, the construction sector (+0.35%) continued to impress, ranking as the second- strongest gainer this week. Stocks like BNASTRA (+0.56%) and MITRA (+2.99%) displayed strong chart setups.
For more stock ideas and market flows, access Market Insight on Maybank Trade on Apple Store and Google Play now.
Trade Your Way Forward. Simple, Smart and Seamlessly.
#MaybankIBGRetailResearch
#MaybankIBGDailyKopi