π§§π§§π§§In Chinese culture, the Year of the Horse stands for Speed, Strength and Unbridled Spirit. It is a zodiac defined by Ma Dao Cheng Gong - the idea that success arrives instantly the moment the horse reaches its destination. As we gallop into 2026, two of Singapore' s engineering titans ST Engineering and Boustead Singapore are personifying this tireless energy by hitting historic all time highs.
The catalyst? A perfect alignment between corporate horsepower and Prime Minister Lawrence Wong's Budget 2026, which has officially integrated AI into Singapore's industrial DNA through the new National AI Council.
ST Engineering: The Speed of Innovation
$ST Engineering(S63.SI)$
ST Engineering recently hit its all time high at SGD 10.20. ST Engineering is up 19 % year todate and in 2025, it has skyrocketed by 102%.
Latest rating: OCBC Research recently raised ST Engineering price target to SGD 10.90 while DBS Research maintains a target of SGD 10.20.
Current Dividend yield : 1.70%. A total FY2025 payout of 23 cents, including a 5 cents special dividend.
Boustead Singapore : The Strength of Strategy
If ST Engineering is about speed, Boustead $Boustead(F9D.SI)$ represents the enduring strength of a well run stable. Their Geospatial Division has become a powerhouse, providing the data "brain" for Singapore's urban planning. The recent approval by SGX for the UI Boustead REIT is a masterstroke of financial strength, unlocking significant value for shareholders.
Performance wise, Boustead is up 28% year todate and in 2025, it has skyrocketed by 121%.
OCBC Research has a Buy rating for Boustead with a Price Target of SGD 2.45 following the REIT listing news.
Boustead's current dividend yield is 2.4%. Total FY2025 is 7.5 cents, bolstered by a 2 cents special dividend.
The Success of Synergy
While Budget 2026's National AI Missions provide the track, both ST Engineering and Boustead provide the horsepower. From 400% tax deductions on AI innovation to the focus on advanced manufacturing, the Singapore government is essentially betting on the nation's most resilient players. This isn't just a temporary sprint but a sustained gallop toward a high tech future for Singapore. A high tech future is no longer just a vision. It is the official next phase for Singapore beyond just being a "Smart Nation" to becoming a leading AI Nation.
Wishing All My Dear Tiger Friends A Magnificent Year of the Horse
May your investments display the speed of a stallion and the strength of a thoroughbred. May the Year of the Horse be filled with Long Ma Jing Shen - the vigorous spirit of the dragon and horse. May your portfolio reach new heights of success and abundance.
Gong Xi Fa Cai! π₯°π₯°π₯°π§§π§§π§§ππππ°π°π°πππ
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