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A place for the Singapore investment community to share information and updates
Five stories to start your day:
1. SingPost terminates CEO, CFO over handling of whistle-blowing reports
2. OUE REIT to divest Lippo Plaza Shanghai for $357.4 mil; all remaining assets in Singapore
3. Nanofilm group CEO resigns, exec chairman and founder Shi Xu to take over again
4. Singapore Institute of Advanced Medicine enters into $5 mil loan agreement
5. Soup Holdings expects to make a loss for FY2024
📰 Follow us on @theedgesg for market-moving news and the latest headlines.
Top Stories, 23 December 2024
1. Asia markets begin Christmas week higher; Nissan-Honda merger deal in focus
https://www.kgieworld.sg/research/ko4k
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. Powell’s battle-ready Fed gives the Trump trade a stress test
https://www.kgieworld.sg/research/7z04
4. Bond Traders Turn to 2025 Amid Most Agonizing Easing in Decades
https://www.kgieworld.sg/research/uim7
5. China Aims To Further Recalibrate The Property Sector
https://www.kgieworld.sg/research/tw7z
6. Gold Price 2025 Forecast: Rising Support Sets Stage for Second-Half Breakout
https://www.kgieworld.sg/research/3vhn
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Stay Connected with KGI
Find out how: https://www.kgieworld.sg/futures/kgi-subscribe
How slower US rate cuts could impact your savings and investments
https://growbeansprout.com/fed-cuts-interest-rates-dec-2024
A Systematic Approach: How Dimensional’s Global Targeted Value Selects Stocks
The Dimensional Global Targeted Value is one of the funds that are available… https://thefinance.sg/?p=1658354
Not all the funds of Dimensional are implemented the same way by being very diversified, overweighting or underweighting.
The Global Targeted Value is one such fund. They select a group of stocks from a bunch of stocks. What this means is that there may be a section of small stocks that will do very well and you think the fund would benefit from but doesn't.
I try my best to explain what I understand about the securities selection strategy which I hope those who were invested (likely not a large group) could understand and benefit.
https://investmentmoats.com/money/systematic-approach-dimensionals-global-targeted-value/
‘I never thought we would become farmers,’ says F&N CEO
https://www.straitstimes.com/business/companies-markets/i-never-thought-we-would-become-farmers-says-fn-ceo
Starbucks workers expand strike incities, including New York
https://www.businesstimes.com.sg/companies-markets/consumer-healthcare/starbucks-workers-expand-strike-incities-including-new-york
Starbucks workers expand strike in US cities, including New York
https://www.businesstimes.com.sg/companies-markets/consumer-healthcare/starbucks-workers-expand-strike-us-cities-including-new-york
The Edge Singapore
Medical group Tamarind Health offers to privatise TalkMed Group at 45.6 cents per share https://t.co/kii5oEF2Eg
tweet
Top Glove Bounces Back
Top Glove Corp (TOPGLOV) posted a net profit of MYR5.47 million in 1Q25 (FYE Aug’25), reversing a MYR57.71 million loss a year ago, driven by higher sales and forex gains.
Revenue surged 79.5% to MYR885.89 million. QoQ, it shifted from a MYR3.57 million loss in 4Q24 (FYE Aug’24) to a profit, aided by price hikes and robust US demand ahead of a 50% tariff on Chinese gloves.
TOPGLOV remains optimistic, citing industry recovery and trade shifts. TOPGLOV plans diversification to manage geopolitical risks.
TOPGLOV-C4R is responsive to TOPGLOV shares at 1 sensitivity tick! TOPGLOV-C4R tracks a like for like movement of TOPGLOV shares.
#DailyHighlights
Dire situation in China is one reason for Honda, Nissan merger
https://www.businesstimes.com.sg/companies-markets/transport-logistics/dire-situation-china-one-reason-honda-nissan-merger
Trump appoints Bo Hines to presidential council on digital assets
https://www.channelnewsasia.com/business/trump-appoints-bo-hines-presidential-council-digital-assets-4822031
Latest inflation numbers soothe a market rattled by Fed’s hawkish rate cut
https://www.straitstimes.com/business/latest-inflation-numbers-soothe-a-market-rattled-by-feds-hawkish-rate-cut
Honda and Nissan consider mutual production of vehicles, Kyodo reports
https://www.channelnewsasia.com/business/honda-and-nissan-consider-mutual-production-vehicles-kyodo-reports-4820456
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FW: [Maybank IBG Research] Today's Research
TRADING IDEAS: 🇸🇬 SINGAPORE
23 December 2024
🏢 Olam Group Ltd (OLG SP): Climate change driving agricultural product prices
BUY Entry – 1.18 Target– 1.28 Stop Loss – 1.13
🏬 Singapore Airlines Ltd (SIA SP): Winter travel demand
BUY Entry – 6.4 Target– 7.2 Stop Loss – 6.0
➡️ Read More: https://www.kgieworld.sg/research/dec23sg24
@kgisg
T-bill yield rebounds slightly to 3.02%. Here’s why.
https://growbeansprout.com/t-bill-allotment-19-dec-2024
TalkMed receives privatisation offer for S$0.456 per scheme share
https://www.businesstimes.com.sg/companies-markets/talkmed-receives-privatisation-offer-s0-456-scheme-share
5 Unconventional Lessons from Trillion-Dollar Stocks
📰 As Featured on BT 📰
What makes trillion-dollar stocks tick?
📌 https://thesmartinvestor.com.sg/5-unconventional-lessons-from-trillion-dollar-stocks/
Asia shares rally on US inflation relief
https://www.channelnewsasia.com/business/asia-shares-rally-us-inflation-relief-4822131
Dire situation in China is one reason for Honda, Nissan merger
https://www.straitstimes.com/business/dire-situation-in-china-is-one-reason-for-honda-nissan-merger
Stocks to watch: SingPost, Top Glove, TalkMed
https://www.businesstimes.com.sg/companies-markets/stocks-watch-singpost-top-glove-talkmed
OUE REIT Sold Its China Property at a 20% Loss to End 2023 Valuation, Are Assets Worth What it is Reported?
OUE REIT has sold its remaining China property, Lippo Plazafor RMB $1.917 Billion… https://thefinance.sg/?p=1658332
Medical group Tamarind Health offers to privatise TalkMed Group at 45.6 cents per share
Read: https://link.theedgesingapore.com/FcDXuC5GVG7HKHPXA
Follow us on: @theedgesg
Apple’s US$1 billion investment may be fleeting win for Indonesia
https://www.businesstimes.com.sg/international/asean/apples-us1-billion-investment-may-be-fleeting-win-indonesia
Bitcoin approaching first weekly decline since Trump’s victory
https://www.businesstimes.com.sg/companies-markets/banking-finance/bitcoin-approaching-first-weekly-decline-trumps-victory
Investment opportunities I’m looking at in 2025
https://growbeansprout.com/investment-opportunities-in-2025
Job opportunities for fresh grads in sectors like tech, marketing and healthcare in 2025: HR experts
https://www.straitstimes.com/business/job-opportunities-for-fresh-grads-in-sectors-like-tech-marketing-and-healthcare-in-2025-hr-experts
The battle of the wealth hubs: Singapore, Dubai and Hong Kong
https://www.businesstimes.com.sg/companies-markets/battle-wealth-hubs-singapore-dubai-and-hong-kong