Month: March 2021

SIGN UP FOR $10 TO UNLOCK ALL ARTICLES! Every dog has its day. Recently, Hong Fok share price stole the limelight when the counter surged to a 14-year high following an article in The Straits Times claiming that Hong Fok share price could be undervalued. Yes, you are right, its 14-year high. At the point of writing, Hong Fok share price is trading at $1.05. The last time that Hong Fok share price was trading at $1.05 was in 2007.

The incredible surge of Hong Fok share price should be the work of the big boys. It is almost impossible for retail investors to push up the stock in such a manner. At least not in SGX. Question now is whether it is too late for retail investors to jump on the bandwagon.

Recently, one of the long-time members of this blog requested for a review on Hong Fok share price. I am more than happy to do a coverage on Hong Fok share price as this is one of the privileges of being a member of this blog. If you are keen to ask for coverage on certain investment products or stocks, do sign up for SG Wealth Builder membership! I will try my best to do an objective and balanced review.

As compared to CapitaLand and City Developments Limited, Hong Fok is obviously a small cap stock. Nonetheless, like the big boys, Hong Fok share price has been embattled for the past year due to the fallout from the pandemic. This is because Hong Fok owns the Yotel Singapore Orchard Road, which had been badly impacted by COVID-19 because of the global travel restrictions. Sales of its residential units of Concourse Skyline is also affected.

To rub salt into wound, like many of its industry peers, the …

SIGN UP FOR $10 TO UNLOCK ALL ARTICLES! What a comeback! The recent tech rout has caused AEM share price to plummet from $4.60 in February to a low of $3.70 in March. The bearish sentiments for the tech sector are due to investors rotating out of tech into cyclical stocks. Nevertheless, AEM share price stormed back in style on 23 March following news that Intel would reinvest US$20 billion to build two new chip factories in Arizona.

Being a long-time equipment testing supplier of Intel, AEM share price is intricately linked to developments at Intel. Investors would recall that in July 2020, AEM share price suffered meltdown following news of Intel’s announcement of delay in production of 7nm-based CPU for about 6 months.

The recent announcement by the new Intel CEO boosted AEM share price because the US giant is planning to become a manufacturing partner for other chip designers. Previously, Intel has always design and manufacture its own chips. The latest move would see Intel building chips for Amazon, Google, Microsoft and Qualcomm. There are even talks of Intel re-capturing Apple.

AEM share price to hit $6?

AEM share price ready for Nasdaq listing?

AEM share price worth $10?

AEM share price rocked by Intel

Whilst it will probably take 2 to 3 years for the expansion plans to materialize, the medium outlook for AEM share price will be positive. This is because Qualcomm is a major chip supplier for mobile phones while Apple is a lead mobile phone maker. If both of them turn to Intel for chip supply, the demand of Intel chips will soar tremendously given the high volume of mobile phones. With more demand for Intel chips, the demand for back-end testing will increase as well. As a result, AEM’s business stands …

SIGN UP FOR $10 TO UNLOCK ALL ARTICLES! Since the implosion of the pandemic in 2020, the US stock market had witnessed a frenzy of trading activities among retail investors. The spike in retail trading was largely due to the volatility seen in the market. In addition, the pandemic had resulted in lockdowns in various global cities. This led to prevalent work-from-home trends among retail investors, who have more opportunities to trade from the comfort of their homes. The shift led to a proliferation of low-cost investment platforms like Robinhood. The latest one to arrive in Singapore is Moomoo Trading (Futu).

Recently, one of the long-time members of this blog requested for a review on Moomoo Trading (Futu) platform. I am more than happy to do a coverage on the platform as this is one of the privileges of being a member of this blog. If you are keen to ask for coverage on certain investment products or stocks, do sign up for SG Wealth Builder membership! I will try my best to do an objective and balanced review.

As this topic is requested by a blog member, I must put a disclaimer that this article is not sponsored nor reviewed by Moomoo Trading (Futu). In addition, I have not signed up for a Moomoo Trading (Futu) account. This is because I have signed up for a POEMS Cash Plus account in January 2021. So what this means is that this article is not written from the perspective of a user’s experience. Instead, I will attempt to offer an objective review of Moomoo Trading (Futu).

There are many reviews on Moomoo Trading (Futu) done by local financial bloggers. Nonetheless, it should be highlighted that most of them are either sponsored articles or referrer of Moomoo (the fintech player offers commission …

SIGN UP FOR $10 TO UNLOCK ALL ARTICLES! It’s like an intriguing plot straight out of Hong Kong’s TVB drama. The unfolding Sincere Property saga has rocked Singapore’s leading property giant, City Developments Limited (CDL), which announced an impairment loss of $1.78 billion due to investments in the Chinese property developer. The impairment contributed to the Group’s worst full-year financial performance in its operating history. Arising from this crisis, investors must be sweating on the kind of collateral damages that would be inflicted on CDL share price.

Investors first smelled blood for CDL share price in October 2020 when former director Kwek Leng Peck resigned after purported disagreements with the board over the Sincere investments. Consequently, the market reacted violently over Mr Kwek’s resignation, sending CDL share price spiralling out of control.

Can CDL share price shake the blues?

Following Mr Kwek’s resignation in October 2020, CDL share price fell from $7.70 to a low of $6.20. The correction represented almost 20% of CDL share price, so you can imagine the kind of seismic impact that Mr Kwek’s resignation inflicted on CDL share price. Since his departure, two more directors resigned over the fallout from the Sincere saga.

In retrospect, the recovery of CDL share price since November 2020 was largely due to the rollout of COVID-19 vaccination across global cities. The vaccine had sparked a bull run in the stock market which saw investors piling up on value stocks which had been walloped by the pandemic. CDL share price, which had been thrashed by pandemic throughout 2020, benefitted from the buoyant market sentiments at that point of time. Nonetheless, the Sincere saga appeared out of nowhere to ambush CDL share price. Could the Sincere crisis be the impetus for CDL to spin off its UK assets through REIT IPO?…

Sign up for only $19.99! My last article on SIA share price was on 22 May 2020. Back then, there were plenty of uncertainties for SIA share price due to the devastating COVID-19 pandemic and the massive $8.8 billion rights issue. In view of these circumstances, I felt that it would be unfair to judge the performance of SIA share price. Now that things had pretty settled down, I think it is time opportune to provide an update on the outlook for SIA share price.

In the blink of an eye, it has been one year since the initial pandemic outbreak. The world is still struggling with multiple waves of COVID-19 infections and travel restrictions are still imposed strictly across most countries. But in November 2020, the sudden announcement of vaccine ignited plenty of hope of recovery for the travel industry, causing SIA share price to jump from $3.40 to the current $5.60. Has SIA share price really bottomed out?

SIA share price smashed into rock

SIA share price in darkest chapter

SIA share price faces brutal meltdown

SIA share price to rock or melt with Special Share?

I have always maintained that our government will fight to the very end for SIA share price. In 2020, the narrative was all about ensuring liquidity of SIA and preserving the value of SIA share price. Being a key economic driver, it would be disastrous if SIA falls into the abyss or into the hands of foreign entities. After all, the aviation industry employs more than 375,000 people and SIA is one of the biggest employers in the sector. Due to this reason, Ministry of Finance holds one Special Share in SIA.

The last time that SIA invoked the Special Share was during the SARS period (2003). This time round, SIA …

Sign up for only $19.99! My last coverage on Keppel DC REIT (AJBU) share price was on 7 February 2020. Back then, the counter was on a mighty form, surging from $2.00 to $2.33. Then, the 20 March market rout sent Keppel DC REIT (AJBU) share price tumbling to a low of $1.90. Thereafter, the share price steadily climbed to a high of $3.00 in October 2020 but unexpectedly tapered off to $2.70 toward the end of the year.

The beginning of 2021 saw Keppel DC REIT (AJBU) share price resuming its bullish form. However, the splendid run was recently halted by the devastating technology stocks sell-offs by the big boys. The massive US$1.9 trillion stimulus package by the US government led to a so-called rotation among institutional investors into valued stocks which had been walloped by coronavirus in 2020.

The volatility of Keppel DC REIT (AJBU) share price may have caused some concerns among investors. Being part of the prestigious Straits Times Index (STI), has the blue chip really lost its shine? Apparently, a member of SG Wealth Builder is concerned enough to seek my insights on Keppel DC REIT (AJBU) share price.

To put things into perspective, this is not the first time that Keppel DC REIT (AJBU) share price went into the correction territory. Despite being an S-REIT, institutional investors view this counter as a technology stock. Thus, when NASDAQ plunged in October 2020, Keppel DC REIT (AJBU) share price fell from $3.00 to $2.70 back then. This time round, I expect the counter to suffer the same fate.

In my blog, I have always stressed that what goes up must surely come down. The spectacular rise of Keppel DC REIT (AJBU) share price, partly driven by the digitization shift among companies, was simply not sustainable. What …

Sign up for only $19.99! Amid the dearth of mega IPOs and a slew of delisting in SGX mainboard, Nanofilm Technologies’ explosive debut on 30 October 2020 certainly created a mighty buzz among Singapore investment community. In my memory, the last home-grown company that had debut with such fanfare was NetLink NBN Trust in 2017. Question now: is Nanofilm (MZH) share price overvalued?

Indeed, Nanofilm (MZH) share price made a strong start with an opening price of $2.77 and an intra-day high of $3.02. With solid support from a stellar group of institutional investors like Temasek Holdings, AIA, Credit Suisse, investing in this company seems like a no-brainer. Or is it so? Admittedly, I had been keen to invest in this stock but a review of its financial performances made me think that Nanofilm (MZH) share price could be grossly overvalued.

Before examining the valuation of Nanofilm (MZH) share price in details, let me give a brief overview of the company’s profile. Nanofilm is a nanotechnology solution provider with three business units – advanced material surface solutions, production and supply of nanoproducts and manufacture of industrial equipment. Nanofilm’s solutions can be adaptable for use in smartphones, automotive, printing, computers and wearables.

A look at the financial performance revealed that Nanofilm is a fast-growing company, with revenue increasing from $104 million in FY2017 to $143 million in FY2019. Net profit increased from $26.9 million to $35.8 million. Now, here’s the thing. Even though this is a growing company with healthy track record of profits, the current market capitalization is a staggering $3.2 billion. Based on this, I do think that Nanofilm (MZH) share price is being traded at a slightly high premium.

Indeed, since hitting a high of $5.30 on 20 January 2021, Nanofilm (MZH) share price went soft and …

Sign up for only $19.99! In February 2021, US President Joe Biden signed an executive order to address a global semiconductor shortage. The recent explosive demand for chips arises because of supply chain disruption caused by pandemic. The shortage has resulted in serious production bottlenecks in US automobile industry. To add fuel to fire, the US-China trade saw companies like Apple and Sony hoarding chips for their electronic products. In view of this massive demand for computer chips, would AEM (AWX) share price rise to smash past $6?

The global shortage of semiconductors takes place at a time when US policymakers are about to unleash another stimulus package, estimated at a whopping US$1.9 trillion. Based on historical trends, the stimulus is expected to lead to another bull run in the stock market. So I am of the view that AEM (AWX) share price should enjoy another splendid run in the coming weeks.

AEM share price ready for Nasdaq listing?

AEM share price worth $10?

AEM share price rocked by Intel

AEM share price to rocket to $5.00?

Note that this is an opinion article and not meant to be a financial advice. Please do your due diligence or engage financial advisors before investing in the stock market. I am vested in this counter (holding 2000 AEM shares at $4.50), so my views on AEM (AWX) share price may be biased.

AEM (AWX) share price in golden era

With a 5-year beta of 1.80, AEM (SGX: AWX) share price is definitely one of the most volatile counters in Singapore Exchange. Then again, fortune favours the brave. To make money from the stock market, you need to take calculated risks. Nobody would have believed AEM (AWX) share price was trading at penny stock level of just $0.16 in 2017. Now, AEM (AWX) …