At present, China is suffering from typical deflation, credit contraction in the whole society, income decline, and extreme pessimism about the future. JD Taobao doesn't work, and Pinduoduo and Tiktok Group Buying are rising because they are cheap. Houses, cars and mobile phones can't be sold, so real estate stocks, Tesla and Xiaomi Apple, Intel and TSMC are all plummeting. The bull market allows story telling and pie drawing, while the bear market will definitely look at the performance until the stock price matches the performance.$Pinduoduo Inc.(PDD)$
$GENTING SINGAPORE LIMITED(G13.SI)$ share price has staged a strong recovery on the back of a stellar Q322 earnings results. Genting Singapore owns Resorts World Sentosa in Singapore offering a casino, SEA Aquarium, Adventure Cove Waterpark, Universal Studios Singapore Theme Park, 6 themed hotels, celebrity chef restaurants and speciality retail outlets. Genting Singapore 3Q22 results showed strong revenue up 49% and EBITDA up 73%. Resorts World Sentosa recorded its best quarter since Covid 19 with revenue and net profit recovering to 87% and 85% of 3Q19 respectively. Genting's gaming revenue in 3Q22 recovered strongly by 56% quarter on quarter and represented 106% of pre pandemic level, mainly due to strong VIP win percentage (4.8%)
$COSCO SHIP HOLD(01919)$ Cosco ship holding has reward me with handsome dividends payout this year collected 4K in sgd, better than dbs bank with dividend yield of approx 5%, collecting 1320 SGD in dividend. container rates were booming 2021/2022 topping 8000 usd, my capital was 95k HKD and I collected 23k HKD in dividend that works out to be approx 25% yield. Currently heard from my friend who is in import and export business that recent container rates revised lower. I believe that container rates was not reflecting the potential geopolitical conflict in Asia pacific where Shanghai was the world busiest port follow by Singapore PSA. The cost of transporting sea freight cargo container was not priced in with higher insurance result in in
$NIO Inc.(NIO)$ $NIO Inc.(NIO.SI)$ $NIO-SW(09866)$ what I find amazing is this…in any other alt universe other than the one we currently live in…Tesla$Tesla Motors(TSLA)$ Dropping pricing in china because their sales were slowing would = NIO and other china EV’s eating their lunch!!! It’s just absurd that Tesla is trading close to 40x revenue whilst Nio is now down to less than 3x revenue - ultimately Nio’s performance will simply command an appropriate market price!!
Should i try BABA ? [Eye] From msn.com/en-sg/money/investing idea $Alibaba(BABA)$strong buy, risk moderately low. $SINGTEL(Z74.SI)$strong buy, risk moderately low. Long time have watched BABA but never buy [Grin] with stock price dip, the valuation is getting lower now, what wud be a good entry ? Is $50 possible ? previously I guessed $Sea Ltd(SE)$$60 now below that [Facepalm] but SEA FA is worse ! Am i being unfair here ? BABAthe most discussed stocks according to tiger apps [Surprised] I also accumulating