Thursday, November 21st, 2024

Author: minichart

broker’s highlight

Singtel With a market cap of $52bln, Singtel trades at 19x PE, 5-6% yield and based on Bloomberg 1 year upside potential of 20% to $3.80, we maintain our Accumulate recommendation as yesterday’ drop...

Data Centres Shine in Q3 Amid S-REITs’ Mixed Bag Performance

Data Centres Shine in Q3 Amid S-REITs’ Mixed Bag Performance Singapore-listed real estate investment trusts (S-REITs) delivered a largely predictable performance in the third quarter of 2024, but data centre REITs emerged as the...

S-REITs on Shaky Ground: What Trump’s Win Means for Investors

S-REITs on Shaky Ground: What Trump’s Win Means for Investors In a blow to S-REIT investors, former U.S. President Donald Trump’s re-election has clouded hopes for a quick resolution to rising interest rates. Nearly...

Keppel Takes Control of Legacy Rigs Amid Global Shortage of Premium Offshore Drilling Units

Keppel Takes Control of Legacy Rigs Amid Global Shortage of Premium Offshore Drilling Units Singapore— Keppel Corporation is set to reclaim full control of 13 advanced oil rigs housed under Rigco Holding, positioning itself...

today, Seatrium chart turns positive again.

On 12 November 2024 UOB Kay Hian wrote the following: Seatrium initiated a S\$100 million share buyback program on 4 June 2024, following a 20-for-1 share consolidation. To date, the company has spent S\$29...

Top Stocks to Watch: REX, RH Petrogas, and Kim Heng in the Spotlight!

Oil Prices Dip Amid Geopolitical Tensions and Market Volatility: Key Developments to Watch Global oil prices saw a slight decline after Monday’s rally, driven by halted production at Norway’s Johan Sverdrup oilfield. Brent crude...

JPMorgan Chase Earns Top Marks: S&P Upgrades Credit Rating Amid Strong Performance

JPMorgan Chase Earns Top Marks: S&P Upgrades Credit Rating Amid Strong Performance In a major vote of confidence for JPMorgan Chase & Co., S&P Global Ratings has upgraded the bank’s long-term issuer credit rating...

“Why Companies Like DBS and ST Engineering Are Betting Big on Share Buybacks—And the Risks Investors Should Know”

“Why Companies Like DBS and ST Engineering Are Betting Big on Share Buybacks—And the Risks Investors Should Know” Singapore-listed companies, including heavyweights like DBS and ST Engineering, are making waves with substantial share buyback...

“China Mobile Eyes HKBN in Billion-Dollar Broadband Expansion Push”

“China Mobile Eyes HKBN in Billion-Dollar Broadband Expansion Push” China Mobile, the world’s largest wireless carrier by subscribers, is reportedly in advanced talks to acquire Hong Kong broadband provider HKBN, signaling an aggressive expansion...

CapitaLand Investment Dominates 2024 Share Buybacks with Over $1 Billion Spent

CapitaLand Investment Dominates 2024 Share Buybacks with Over $1 Billion Spent Singapore-listed companies have ramped up share buybacks in 2024, with CapitaLand Investment (CLI) leading the charge, spending a staggering S$343 million by November...