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KienBoon

    • KienBoonKienBoon
      ·01:03
      $SEMBCORP INDUSTRIES LTD(U96.SI)$  Added another 3500 Sembcorp shares to my portfolio in view of its bullish growth (>500%) from Yr 2020 to date. Trust that the company will continue its strong growth and expansion under the excellent leadership of CEO Mr Wong. The recent JV with India company (BPCL) to explore green renewable projects in India is a great step indeed, into the huge potential India market. Also understand that there is proposed doubling of stake in local Senoko generation company which will increase its generation business in Singapore even more. That should be a great step as well in view of increasing electricity demand in Singapore due to more incoming investments such as data centres, se
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    • KienBoonKienBoon
      ·04-22
      $ST Engineering(S63.SI)$ Hope ST can still continue its magical run to the moon. Sold it finally and converted to Sembcorp. Hope Sembcorp can cheong tomorrow as well. Cheers.
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    • KienBoonKienBoon
      ·04-17
      $Taiwan Semiconductor Manufacturing(TSM)$   Share price performance is really very poor despite the good results announced. Don't know what's going on with this TSM indeed. Sentiment seems to be very lousy. Could be due to this Trump's tariff issue which is still uncertain in a way. Investors confidence and US market might be largely affected in the long run if Trump still goes on with his tariff implemention. Sad indeed. Recallee TSM was doing fine prior to Trump era. 
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    • KienBoonKienBoon
      ·04-16
      This is good news for SGX indeed. In view of the increased trading volume, it will be beneficial for SGX in terms of revenue as well as intangible benefits such as attracting more investors and enhanced reputation as a trading exchange. Hope that SGX will continue to attract more listings into the main board and catalist board progressively. Understand the recent one is Vin's Holdings. That is a good start indeed after the government incentives are implemented. Cheers SGX. [Smile]  Go go go. 

      OCBC Raises Fair Value For SGX To $14.09, Sees Higher Volatility

      OCBC Investment Research, citing heavier-than-average trading volume seen in March and expected near term volatility, has raised its fair value for Singapore Exchange to $14.09 from $13.68.In March, securities daily average value increased by 25% y-o-y to a three-year high of $29.7 billion. Several of the Straits Times Index component stocks reached record trading volumes of 5 to 6 times their 6-month average."Furthermore, SGX will also benefit from increased hedging activities for its derivativ
      OCBC Raises Fair Value For SGX To $14.09, Sees Higher Volatility
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    • KienBoonKienBoon
      ·04-15
      Understand there is no regular dividend from gold ETF etc. Hence, it may not be suitable for long term investment in comparison to equities like bank counters. Gold price is increasing currently due to so called  safe haven during market turbulence times. It may drop back to below 3000 once Trump's storm is calm. Might not seems feasible to borrow money to buy gold in view of borrowing interest rate, etc. However, no harm buying some gold ETF at this stage to take advantage of the tailwind now. Say about 10% of your investment portfolio. Cheers. Have a good day ahead. [Smile]
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    • KienBoonKienBoon
      ·04-15
      This is good news indeed for SGX. A higher Trading Volume is corresponding to increased revenue in terms of fees. Hope that the trading volume will maintain for the longer term in addition to the derivative product business. That is also crucial for exchange business in consideration of hedging activities during period of volatility. Cheers SGX ! [Smile]  [Smile]  

      Singapore Exchange Stands to Gain From Heavier Trading Volume

      0334 GMT - Singapore Exchange stands to benefit from heavier-than-average trading volume on the local bourse, OCBC Investment Research's Research team says in a note. Several Straits Times Index component stocks have posted trading volumes exceeding 5X-6X their average six-month trading volume, the team says. Also, SGX will benefit from increased hedging activities for its derivatives business given heightened market volatility, the team says. Moreover, OCBC views management's focus on cost control as a positive amid current macroeconomic uncertainties. OCBC raises the stock's fair value estimate to S$14.09 from S$13.68 to reflect a rolling forward of valuations while maintaining the buy rating. Shares are 1.8% higher at S$12.78.
      Singapore Exchange Stands to Gain From Heavier Trading Volume
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    • KienBoonKienBoon
      ·04-12
      $ST Engineering(S63.SI)$   Despite STI in the high red (-1.8%+) , ST Engineering rose about 5c from previous closing price.  This shows the resilent of the defend stock counter amid the uncertainty of Trump's tariff issue.  In fact, it reached a day high of $6.69. Hope that ST Engineering will continue to maintain its resilent and move upwards to the target price by DBS Research (4 Apr 25), which is $7.50. Also understand that ST Engineering has gotten a recent significant turnkey contract of about $1.4 Bil for Taiwan Taichung MRT line. This is great industry news indeed. Every contract counts towards the increased revenue of ST Engineering. Trust that more investors will take notice of thi
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    • KienBoonKienBoon
      ·04-11
      Good news indeed for SGX. Understand that its revenue (40%) from derivative products is quite significant in comparison to other exchanges like Hong Kong Exchange, etc. It is practical and viable to diversify stock exchange businesses to achieve optimum revenue. This is proven by the surge in derivative volume this week in view of the global selloff issue (BT news: 11Apr). Hope management will continue to innovate SGX businesses in moving forward. Hence generating increase interest from retail/institution investors on SGX shares for the longer term investment. [Smile]  

      SGX Jumps 3.55%; Macquarie Upgrades Singapore Exchange to Outperform from Neutral; Price Target is SG$13.70

      Singapore Exchange (SGX:S68) has an average rating of hold and mean price target of SG$12.92, according to analysts polled by FactSet.(MT Newswires covers equity, commodity and economic research from
      SGX Jumps 3.55%; Macquarie Upgrades Singapore Exchange to Outperform from Neutral; Price Target is SG$13.70
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    • KienBoonKienBoon
      ·04-10
      This shows the very strong market demand for TSMC chips indeed. Hope that analyst and research institutions upgrade the target price of TSMC as soon as possible. They are normally quite fast to revise the target price of equities. LoL. Cheers [Happy]  

      24H | TSMC Jumps over 4% as First-Quarter Revenue Handily Beats Market Forecast

      TAIPEI, April 10 - TSMC, the world's largest contract chipmaker, on Thursday reported first-quarter revenue of T$839.25 billion , beating market forecasts, as the company reaps the benefit from artificial intelligence demand.An LSEG SmartEstimate, drawn from 19 analysts, had predicted first-quarter revenue of T$835.66 billion.Taiwan Semiconductor Manufacturing Co 2330.TW is a major supplier to companies including Apple AAPL.O and Nvidia NVDA.O.
      24H | TSMC Jumps over 4% as First-Quarter Revenue Handily Beats Market Forecast
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    • KienBoonKienBoon
      ·04-10
      Good news indeed for ST Engineering. $1.4bil is quite significant contract price indeed. Hope that ST will continue to secure more contracts moving forward in all its sectors. Hope that more investors will also pump in more liquidity into ST shares in consideration of the consistent good performance of the company. Cheers. 

      ST Engineering Soars 5.4% on Securing S$1.4 Billion Rail Contract in Taiwan

      Shares of ST Engineering are soaring 3.02% in early trading on Thursday, following the announcement of a significant contract win for the company's urban solutions business. The stock's upward movement comes as investors react positively to the news of a S$1.4 billion deal to provide turnkey rail services for the new Taichung mass rapid transit Blue Line in Taiwan.According to the company's statement, the contract covers a period of approximately 14 years and is expected to commence in the seco
      ST Engineering Soars 5.4% on Securing S$1.4 Billion Rail Contract in Taiwan
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