Month: January 2022

AEM share price to jump 100% with new patent?

AEM share price

Chinese New Year Special Offer! This will be my first article on AEM share price in 2022. All eyes should be on the upcoming FY2021 full-year financial result. Will it set AEM share price on fire like what it did in 2018?

From January to March 2018, AEM share price rocketed 100% to reach $1.87. The supersonic run of AEM share price was attributed to two factors – the award of patent for the technology used in its flagship product, High Density Modular Test (HDMT) equipment and also the ramp up of orders from its key customer, Intel.

AEM share price

The ramp up of orders from Intel led to an increase of 216% and 560% in revenue and profit for FY2017. The release of the full-year FY2017 financial result in early 2018 saw AEM share price roaring to high heavens. Will history repeat itself for AEM share price? Fast forward four years, the ramping of HDMT by Intel is over. However, AEM is launching is its next blockbuster product test equipment product – Asynchronous Massive Parallel (AMPS). This new capability allows high powered chip to be tested under thermal controlled environment without damaging the chip.

In my research, I found out …

UOB share price given booster shot!

UOB share price

Chinese New Year Special Offer! It appears to me that UOB share price is on fire after being given a booster shot! Lately, Singapore bank stocks were given a lift following news of the impending interest rate hikes by US Federal Reserves. However, UOB share price jumped to a whole new level following the announcement of the $5 billion acquisition of Citigroup’s Southeast Asia consumer business.

The Citigroup acquisition pushed UOB share price briefly passed the psychological $30 mark. This is a record level for UOB share price. Whether UOB share price can sustain this level remains to be seen in the coming days. Nonetheless, I doubt that UOB share price has peaked as the full-year financial result will be released only on 16 February. Given the lower allowances being made in FY2021, we should see full-year net profit registering a double-digit growth. In view of this, there should be plenty of headroom for UOB share price to rise in the next few weeks.

UOB share price

From a long-term perspective, the recent Citigroup acquisition is an interesting deal that could possibly shape the dynamics between the Singapore banking trio. Notably, this deal marked the first overseas acquisition under the helm …

OCBC share price in supersonic boom!

OCBC share price

Chinese New Year Special Offer! Boom! OCBC share price turns on the style to hit a five-month high! The bullish form of OCBC share price comes at a time when the bank is about to release its full year financial result for FY2021. The red-hot form of OCBC share price also coincides with the recovery of Singapore’ economy, which grew 7.2% in 2021. Talk about being at the right time and right place!

Based on the past five years’ trend, OCBC share price would always start to rise in February and then peak in May. Following that OCBC share price would fall and then start to rise again and then peak in August. The cycle would keep on repeating based on data of past few years. The reason could be due to investors selling the shares after ex-dividend. Therefore, January could be the perfect window for investors to enter this counter.

OCBC share price

Take for example, OCBC share price surged from $12.20 in February 2018 to hit a high of $13.65 in May 2018. Subsequently, the counter nose-dived to a low of $11.25 in July 2018 before recovering to $11.80 in August 2018. Thereafter, the stock plunged to $10.40 in October 2018. …

ESR-REIT merger with ARA Logos Logistics Trust

ESR-REIT merger

Chinese New Year Special Offer! On 3 November 2021, the shareholders of ESR Cayman gave the green light for the US$5.2 billion acquisition of the ARA Asset Management. ESR Cayman is listed in Hong Kong Stock Exchange and is the sponsor of SGX-listed ESR-REIT. On the other hand, LOGOS is the sponsor of ARA Logos Logistics Trust and is majority-owned by ARA Asset Management. The acquisition of ARA Asset Management by ESR Cayman effectively paves the way for the ESR-REIT merger with ARA Logos Logistics Trust.

Although the writing is on the wall that the ESR-REIT merger is going to take place sooner or later, it is not a done deal yet. ESR-REIT unitholders are to cast the vote on 27 January 2022. For the resolution to be passed, more than 50% of the total number of votes is required. ARA Logos Logistics Trust unitholders will meet on the same day to vote but more than 75% of the votes is required for the resolution to be passed.

ESR-REIT merger

A Lifetime Member has requested for my insight on the ESR-REIT merger. As such, I will share my insights on this interesting development within the industrial S-REIT sector. Although I have no …

MLT share price (SGX: M44U) met hurricane!

MLT share price

Chinese New Year Special Offer! What a cocktail of headwinds for Mapletree Logistics Trust (MLT). Following the $700 million equity fund raising announced on 23 November 2021, MLT share price plunged from $2.00 to the current low of $1.78. To rub salt into injury, the proposed merger between Mapletree Commercial Trust (MCT) and Mapletree North Asia Commercial Trust (MNACT) compounds further misery on MLT share price as market rumours spread like wildfire that the MLT and MINT could be the next merger on the cards.

MLT share price

To put things into perspective, rumours of a merger between MLT and MINT have been brewing for a number of years. To address the market rumours, the management clarified on 10 January 2022 that there was no plan to merge MLT and MINT as both entities have different investment mandates and operate in different asset classes. Despite that clarification, the recent merger between MCT and MNACT rattled MLT share price.

MLT invests primarily in logistics and warehouses assets whereas MINT’s assets comprise of mainly industrial real estates in Singapore and data centres. Both S-REITs share the same sponsor and both are Straits Times Index (STI) components.

MLT has a slightly bigger market capitalization ($8.5 billion

Wilmar share price (SGX: F34) storming to $5.70?

Wilmar share price

Chinese New Year Special Offer! In my last article on Wilmar share price (SGX: F34) in September 2021, I wrote that this counter could face huge turmoil in the short-term. Indeed, Wilmar share price continued to disappoint for the rest of 2021. The counter ended the year on $4.140, a far cry from the high of $5.57 seen in February 2021. Will Wilmar share price return to form in 2022?

The dismal form of Wilmar share price is indeed puzzling as the Group has been racking in explosive profits in FY2021. Thus, investors must be wondering what on earth could have caused the rupture of Wilmar share price. In this article, I will share with readers the compelling reason for the downtrend of Wilmar share price, which is linked to the business fundamentals. In the latter part of the article, I will also share my analysis on why Wilmar share price may hit $5.70 in February 2022.

Wilmar share price

In 2020, I invested in Wilmar and exited at a profit of $2,700 in early 2021. My lowest entry for Wilmar share price was $4.84 and I exited at $5.20. While I did not exit at the highest point of $5.60, I have …

OCBC share price (SGX: O39) to rocket with record earnings?

OCBC share price

Unlock premium articles for $19.99! My first article of the year will be on OCBC share price (SGX: O39). 2022 is considered by many investors to be a pivotal year as Singapore’s economy continues its path of recovery from the devastating pandemic. Many of us harbour fervent hopes that 2022 will herald the light at end of tunnel for this never-ending crisis. Inevitably, investors’ attention will focus on bank stocks like DBS, OCBC and UOB as they are the bellwether of the economy.

All eyes should be on the full-year financial result, which is expected to be released in the third week of February 2022. Will the result set OCBC share price on fire? Based on 9MFY2021 result, the net profit reached $3.885 billion while the net profit amounted to $1.224 billion in 3QFY2021. Looking at the trend of the past three quarters’ result, there is a strong possibility that 4QFY2021 may hit at least $1.2 billion of profit. If so, then full-year net profit for OCBC could smash a record $5 billion!

OCBC share price

The previous record net profit for OCBC was in FY2019 ($4.87 billion). Unfortunately, that result was released in February 2020, which was right smack in …