No one can with certainty said Chinese Stocks have bottom out. Prices are still dropping alot due to institutional sell off due to fear of delisting and continued regulatory control. Retailers, like Tigers friends here perceive that prices will decline further too. To me, most Chinese stocks are undervalued rather than reaching their bottom. Without government intervention, prices will continue to decline when more global funds shun Chinese ADR including the giant valuable tech stock. The sudden reversal in prices is due to policy signals from Chinese government to prevent financial instability and deceleration of economic growth. Investors are assured that the regulatory control will end soon, the delisting fear of US listed Chinese Stocks is reduced by USA and China
$Nanofilm(MZH.SI)$ fell below its IPO price today due to v v weak market sentiment.It is a stock that has many new product and solutions such as advanced materials used in mobile phone, optical and medical devices. The latest is developing hydrogen energy solutions.To me it is a stock with potential to turn around in future. Hold on to it if already owned it. Buy on further dips bit by bit to see light in the tunnel. I am monitoring it to seize opportunity to own it. Sharing my thoughts in a market full of red. Be calm, weather the turbulence and see the rainbow. Please do your research before plunging into it. Best wishes
$SHENG SIONG GROUP LTD(OV8.SI)$ is relatively unaffected despite a huge fall in the local market. Last Friday most US stocks fell due to report on CPI of 8.6 %. Singapore market took the cue and was in a sea of red today.High inflation usually benefits supermarket stocks that sell consumer goods since they can pass on part of the costs to end users. More people may buy more food items and basic necessities to cook at home as eating out becomes more expensive. This indirectly contribute to Sheng Siong revenues through higher sales. Its e-commerce capabilities also helped to enhance sales. So if you have any interest or intention to look for a good stock that offers reasonable dividends and yet remain strong when market is a sea of red,
$Berkshire Hathaway(BRK.B)$ has fallen for several weeks from its high, a rare occurrence.Anyone who had always want to have a hand in Warren Buffett conglomerate but never have a chance due to its high entry price, this moment may be it.It is currently trading at about 320. Perhaps you can monitor for awhile and buy on further dip, says at 300 to give yourself a higher margin of safety. Just a thought from me since I am also monitoring its price movement. So just sharing it with others here. Let's see how FED interest rate decision on the market before making any move. Best wishes. Trade with caution.
Few stocks come to the fore in current high inflationary environment and rising oil prices. First is $SHENG SIONG GROUP LTD(OV8.SI)$ . Inflation affects everyday essential purchase. We become more mindful of our spending. Many will cut down discretionary spending, going out less to eat, do more cooking at home. This will benefit supermarkets like Sheng Siong in reaping higher revenues and profits as a result. Its share price has remained resilient and steady in a bearish market.Energy related stocks tend to rise with inflation. Overcoming supply chain disruption, $REX INTERNATIONAL HOLDING LTD(5WH.SI)$ could offer a good stock to have for potential gains.To overcome higher exp
$SIA ENGINEERING CO LTD(S59.SI)$ , $SATS LTD.(S58.SI)$ ,$COMFORTDELGRO CORPORATION LTD(C52.SI)$ i will continue to invest in these three local stock as they certainly will benefits from our local easing of covid measures and border openings.Singapore government is investing money to enhance in bound tourism. It will give a boost to their business.Of course $SINGAPORE AIRLINES LTD(C6L.SI)$ will also benefit but I prefer not to put money in a non profitable and heavily in debt company as of now.In future, I will when it clear its debts, turn higher profits, start paying dividends.
Sell in May and go away is coined when fund managers took leave for summer vacation under normal economic conditions. Today it is exactly the opposite. Macroeconomic and political environment is in turmoil. I would say Stay in May and avoid Dismay on missing out good deal in the market. Market has plunged and will continue to go down.I will stay in market to hunt for Blue Chips that are undervalued with excellent balance sheets and growth prospects. There are a few if we take time to do deeper reading and research. So please Stay in May, Avoid Dismay. Stay in market to go on bottom fishing expedition.That is what I will do as a patient long term investor. Stay calm in a turbulent market. Suck the blood in the red market.Best wishes
$SINGAPORE AIRLINES LTD(C6L.SI)$ and $SIA ENGINEERING CO LTD(S59.SI)$ Which one to buy? With border reopening, the aviation sector is poised to recovery, though may not be smooth. If I have a bigger budget, I will buy both stocks since they are both beneficiary of borders openings in Singapore and other countries. However if I have a budget of say $6000, I would invest in SỊA engineering since it has a stronger balance sheet, and a diversified essential aircraft maintenance, repair and overhaul business in Singapore and in the region.Many carriers would need its services on aircraft maintenance to certified fit to fly safely. Hence it is first to benefit compared to SIA w
$Sea Ltd(SE)$ earnings is likely to fall by more than 5%. Too many factors negatively contribute to it. Gaming and e-commerce businesses are greatly negatively affected by border reopening and covid 19 loosening restrictions.India 's bạn on its mobile game, Free Fire is another contributor to lesser revenues, through it may be good for its high cash burn rates, at least it may lessen it. But the shutting down of its online shopping business in India is a negative factor for its growth.High inflation, supply chain disruptions, rates hikes further cemented its possible decline in earnings, besides lesser user engagement programmes and promotions. Hope to see better results in next quarterly earnings.
Buying for the future, buy stocks with innovative and futuristic concepts. Metaverse concepts, though just at infancy stage will soon grow up. META, Microsoft, Apple are companies at the forefront of developing technologies for a metaverse reality.Their share prices have fallen in line with weak market sentiment, bearish macroeconomic and political situations. $Meta Platforms, Inc.(META)$ , $Microsoft(MSFT)$ and $Apple(AAPL)$ are three stocks worth thinking about if you are visioning intergenerational wealth. Metaverse concepts will become a reality, like it or not.They will create real world interoperability in the metaverse. C