AEM share price (SGX: AWX) faces calamity

Lifetime Membership What a disaster! A brutal winter beckons ahead for AEM share price following the release of the recent disastrous Intel’s 4th quarter financial result. The day after the release of Intel’s financial result, AEM share price tumbled 3%.  It remains to be seen if this is the start of another slippery slope for AEM share price in the coming weeks as the full-year financial result for AEM will be released in February.

In October 2022, AEM share price had suffered a devastating meltdown of 25% within two weeks following reports that Intel is going to lay off workers amid steep decline for its core businesses – PC and Data Center. In this blog, I have always maintained that on its day, AEM share price can be unbeatable. Conversely, when the tide goes against AEM share price, the counter can spiral out of control. In view of this, this counter is really not for the faint-hearted.

AEM share price

The full-year financial result for AEM should be stellar based on the 9MFY2022 financial performance. This should provide a much-needed booster shot for AEM share price. However, investors must be wary of a bull trap as the market is bracing for a looming downturn.

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Comfort Delgro share price crashed to new low

Lifetime Membership It is a case of all hell broke loose. Comfort Delgro share price faces potential crisis as it plunged to a record low of $1.14 on 16 January 2023. What could have led to the gut-wrenching train wreck for Comfort Delgro share price? After all, we are only less than one month into 2023. The devastating meltdown of Comfort Delgro share price have prompted an SG Wealth Builder member to request for a write-up on this counter. Should investors sell everything and run for their lives?

Comfort Delgro is a transport company with a total fleet size of about 34,000 buses, taxis and rental vehicles. SBS Transit, a listed company, is a subsidiary. Vicom, another SGX-listed company, is another subsidiary. For the past decade, Comfort Delgro has spread its wings overseas, with operations in Australia, the United Kingdom, New Zealand, China, Ireland and Malaysia.

Comfort Delgro share price

Although Comfort Delgro is widely perceived as a taxi company, the Group traditionally derived its main bulk of the revenue from the public transport services (bus and rail). In this context, several major changes in the rail-hailing and public transport from 2018 to 2019 had impacted Comfort’s businesses. Among them is the New Rail Financing Framework.

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Wilmar share price swim or sink in 2023?

Lifetime Membership How will Wilmar share price unravel in 2023? In my previous article, I wrote that Wilmar share price fell from the sky and lost its way in 2022 following a series of unfortunate events. The roller coaster form of Wilmar share price had left many investors befuddled. After all, the Group had been consistently churning out good financial results in recent years. In this article, I will share my insights on the outlook of Wilmar share price in 2023.

First thing first. I must clarify that Wilmar is one of my favourite SGX stocks, so my views may be biased. In 2020, I had invested in Wilmar and exited at a profit of $2,700 in early 2021. My lowest entry of 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 no regrets selling my Wilmar stocks. In life, you can never sell at the highest point. Despite so, I would caution that due to the volatility of Wilmar share price, this stock is really not for the faint-hearted.

Wilmar share price

There are a few driving factors behind the volatility of Wilmar share price, and they are largely attributed to the core business in Indonesia – palm oil plantations.

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iFAST share price to hit $20?

Lifetime Membership Will iFAST share price enjoy another fairy-tale run in 2023? iFAST share price became stuff of legend in SGX Mainboard when the counter rocketed from $1.00 in 2020 to an incredible high of $10 in 2021. The meteoric rise of iFAST share price certainly created plenty of wealth for many iFAST investors.

For background, iFAST is an online platform company offering investment products to retail investors. At the same time, financial institutions and banks can distribute their investment products through iFAST’s platform. The supersonic boom of iFAST share price in recent years was due to iFAST winning the award of Hong Kong ePension scheme in early 2021.

iFAST share price

Incidentally, iFAST share price was given a mighty booster shot by the pandemic due to the trading boom from 2020 to 2021. As many investors were working from home and unable to travel due to borders’ restrictions, there were plenty of opportunities for retail investors to capitalize on the market corrections during that period. As a result, iFAST’s Asset under Administration (AUA) rose from $14.45 billion in FY2020 to $19 billion in FY2021.

However, Man proposes, God disposes. The wheels came off the wagon for iFAST share price in 2022 as the series of interest rate hikes by US Federal Reserve and the Russia-Ukraine war combined to knock the wind out of global stock markets.

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Keppel share price worth $15?

Lifetime Membership A new year, a new beginning! How will Keppel share price unravel in 2023? Time flies. It has been more than one and a half year since Keppel Corp entered into a non-binding MoU with Sembcorp Marine to combine Keppel Offshore & Marine (KOM) and Sembcorp Marine. Under the deal, KOM will be merged with Sembcorp Marine to form a listed company. In addition, Keppel will receive shares in the listed entity and a cash consideration of up to $500 million. Given the protracted negotiations, investors must be feeling impatient. Will the deal go through or not?

During this period, the oil and gas sector has seen a remarkable recovery as crude oil price smashed past US$120 per barrel in March 2022 with the onset of the Russia-Ukraine war. While oil prices had cooled down since then, the demand for oil-rigs had been healthy in 2022. Against this backdrop, investors must be wondering if Keppel Corp should continue with the merger. Notwithstanding this, Keppel Corp investors had voted in favour of the 2 resolutions during the extraordinary meeting held on 8 December 2022 (99.96%).

Keppel share price

Even though Keppel investors had voted overwhelmingly for the merger, it is not a done deal yet.

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