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A place for the Singapore investment community to share information, research and updates.
OpenAI CFO Friar says she trusts Musk to prioritize national interest
https://www.channelnewsasia.com/business/openai-cfo-friar-says-she-trusts-musk-prioritize-national-interest-4799651
China set to start annual economic meeting to discuss stimulus
Read: https://link.theedgesingapore.com/swFpJF8XHfJSgxeL6
Follow us on: @theedgesg
Citigroup cuts ESG analyst jobs as research group trimmed
https://www.businesstimes.com.sg/companies-markets/banking-finance/citigroup-cuts-esg-analyst-jobs-research-group-trimmed
TRADING IDEAS: 🇸🇬 SINGAPORE
11 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/dec11sg24
@kgisg
🌍 Overnight News That Moved The Market 📊
📈 Google parent Alphabet jumps on quantum chip breakthrough
📉 S&P Global downgrades Intel's credit rating on slow recovery, management changes
🇨🇳 China's exports slow sharply, imports shrink ahead of Trump tariffs
(Source: Reuters)
Google asks FTC to break up Microsoft's cloud deal with OpenAI, the Information says
https://www.channelnewsasia.com/business/google-asks-ftc-break-up-microsofts-cloud-deal-openai-information-says-4799626
Maybank IBG Traders’ Almanac
(11 Dec 2024) - KLCI declines, but sentiment improves
Technical Trading Ideas💡for today:
1️⃣ KAWAN RENERGY BERHAD – 0307 (S)
2️⃣ SKP RESOURCES BHD – 7155 (S)
3️⃣ OCEAN FRESH BERHAD – 0312 (S)
4️⃣ CPO FUTURES (CP: MYR 5,073)
5️⃣ KLCI INDEX FUTURES (CP: 1,609.00)
Note: S - Shariah Compliant
For the full report, stock ideas, and market flows, access Market Insight on Maybank Trade on Apple Store and Google Play.
#MaybankIBGResearch
#MaybankIBGTA
GameStop reports third-quarter profit on spending cuts
https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/gamestop-reports-third-quarter-profit-spending-cuts
Japan's wholesale inflation rises in November
https://www.channelnewsasia.com/business/japans-wholesale-inflation-rises-november-4799596
Top bankers see US economy as bright spot under Trump despite tariffs threat
https://www.straitstimes.com/business/economy/top-bankers-see-us-economy-as-bright-spot-under-trump-despite-tariffs-threat
Hartalega Shares Reaches 2 Year High
Shares of Hartalega Holdings (HARTA) rose to a two-year high following the company's announcement of a special dividend of 10.85 sens per share yesterday.
According to its latest Bursa Filing, HARTA reported 1H25 net profit of MYR40.55 million as compared to a net loss of MYR24.77 million a year ago.
HARTA was up MYR0.15 or 4.00% yesterday, with a traded volume of 11.59 million.
Investors bullish on HARTA may consider HARTA-C2E, which provides investors leveraged exposure with an effective gearing of 4.8x! Do be aware that there will be an adjustment for HARTA-C2E on its special dividend ex-date, set for 20 Dec’24.
#DailyHighlights
CNBC Television (Youtube)
Final Trade: LMAT, GOOGL, IBM, GILD
The final trades of the day with CNBC’s Melissa Lee and the Fast Money traders.
CNBC Television (Youtube)
Problem with quantum computing is error correction, says Gene Munster on Google's new chip
Gene Munster, Deepwater Asset Management, joins 'Closing Bell Overtime' to talk Google's new quantum computing chip.
Industrial REITs Comparison - Part 1 @ 3 December 2024
https://www.reit-tirement.com/2024/12/industrial-reits-comparison-part-1-3.html
After reviewing the Seeking Alpha article forwarded by the reader about the Avantis US Equity fund, I go and read the article.
Man its a hard read. It is a hard read not because of the AVUS underperformance but the way the person structure the stuff.
There is a benchmark the fund manager used in the description. it is perfectly reasonable benchmark but he chose not to use it.
And then it goes on to compare against a whole bunch of other growth, factor rotation ETFs and state that the fund has to do more to show the factors.
It somehow feels like when your mother keeps comparing you for something that you do, when she kind of miss some important info.
https://investmentmoats.com/money/use-the-right-benchmark-fund/
CNBC Television (Youtube)
Mad Money - 12/10/24 | 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.
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TRADING IDEAS: 🇺🇸 UNITED STATES
11 December 2024
🏢 Sprouts Farmers Market Inc (SFM US): Appeal to health-conscious consumers
BUY Entry – 150 Target – 170 Stop Loss – 140
🏭 Tapestry Inc (TPR US): Deals and steals
BUY Entry – 60 Target – 68 Stop Loss – 56
➡️ Read More: https://www.kgieworld.sg/research/dec11us24
@kgisg
TRADING IDEAS: 🇭🇰 HONG KONG
11 December 2024
🏭 Yidu Tech Inc (2158 HK): AI in healthcare
Entry – 5.40 Target 6.40 Stop Loss – 4.90
💠 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/dec11hk24
@kgisg
Technical Analysis: 11 December 2024
🇸🇬 SG
Seatrium Ltd (SMM SP)
Sembcorp Industries Ltd (SCI SP)
🇭🇰 HK
China Shenhua Energy Co Ltd (1088 HK)
Zoomlion Heavy Industry Science and Technology Co Ltd (1157 HK)
Read More: https://www.kgieworld.sg/research/dec11ta24
@kgisg
HSBC raised fraud alarm leading to collapse of fintech Stenn
https://www.straitstimes.com/business/banking/hsbc-raised-fraud-alarm-leading-to-collapse-of-fintech-stenn
Searching for Suitable Singapore REITs? 1 Must-Have Quality That You Should Look for
Income investors who are looking to add quality REITs to their portfolio should look out for this important attribute.
📌 https://thesmartinvestor.com.sg/searching-for-suitable-singapore-reits-1-must-have-quality-that-you-should-look-for/
Part-time security officers to see over 30% jump in hourly pay by 2028
https://www.straitstimes.com/business/part-time-security-officers-to-see-over-30-jump-in-hourly-pay-by-2028
What I have Learned from CapitaLand Ascott Trust’s Presentation
https://www.thesingaporeaninvestor.sg/2024/11/12/what-i-have-learned-from-capitaland-ascott-trusts-presentation/?utm_source=rss&utm_medium=rss&utm_campaign=what-i-have-learned-from-capitaland-ascott-trusts-presentation
Stocks to watch: Aims Apac Reit, Keong Hong
https://www.businesstimes.com.sg/companies-markets/stocks-watch-aims-apac-reit-keong-hong
US Steel drops as Biden plans to block sale to Nippon Steel
https://www.businesstimes.com.sg/companies-markets/energy-commodities/us-steel-drops-biden-plans-block-sale-nippon-steel
CNBC Television (Youtube)
It's hard to bet against UnitedHealth, says top analyst in wake of insurance unti CEO killing
John Ransom, Raymond James, joins 'Fast Money' to talk negative sentiment around health care insurers right now and if policy change is on the horizon.
CNBC Television (Youtube)
Options Action: Bearish bets on Hims
Mike Khouw joins 'Fast Money' to talk the options trade around Hims.
CNBC Television (Youtube)
'Fast Money' traders talk about Google's quantum chip
'Fast Money' traders talk Google jumping on its quantum chip announcement.
Industrial REITs Comparison - Part 2 @ 5 December 2024
https://www.reit-tirement.com/2024/12/industrial-reits-comparison-part-2-5.html
Apple’s next Ultra smartwatch will be able to send texts via satellite
https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/apples-next-ultra-smartwatch-will-be-able-send-texts-satellite