Thursday, November 21st, 2024

Category: stock of the day

stock pick of the day

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...

“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...

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...

“Telco Shake-Up? StarHub and M1 Merger Speculation Heats Up Amid Payment Deferrals”

“Telco Shake-Up? StarHub and M1 Merger Speculation Heats Up Amid Payment Deferrals” Speculation is mounting over a potential merger between Singapore telcos StarHub and M1, as both companies defer their 700 MHz spectrum payment...

SATSL$3.84, buy on pull back.

The chart of SATS SATSL$3.84, buy on pull back. more that 4% upside in short term. SATS reported a significant increase in net profit for 2Q FY25, growing by S\$47.5M (> 200% YoY) to...