To The Moon

As of the close on Friday, $Straits Times Index(STI.SI)$ closed at 3,810.78 points, up 0.24% points last week.

During the last 5 trading days, $Japfa(UD2.SI)$, $Seatrium Ltd(5E2.SI)$, $SingaporeLandGrp(U06.SI)$, $SEMBCORP INDUSTRIES LTD(U96.SI)$ and $TJ DaRenTang USD(T14.SI)$ are the top 5 weekly gainers, up 9.57%, 3.65%, 3.31%, 3.11% and 2.94% respectively.

$Top Glove(BVA.SI)$, $ComfortDelGro(C52.SI)$, $Airports of Thailand NVDR(TATD.SI)$, $Riverstone(AP4.SI)$ and $CapLand India T(CY6U.SI)$ are top 5 decliners of SGX stocks which market capital above S$1 Bln.

Below are key analyses of the TOP 5 gainers:

1. $Japfa(UD2.SI)$

• Analyst Revisions: Analysts have previously adjusted Japfa's price targets upwards. For instance, about five months ago, the average one-year price target was increased by 18.92% to $0.45 per share. Such positive revisions can boost investor confidence.

• Dividend Announcements: Japfa has a history of dividend payments, with a current yield of approximately 4.55%. Announcements regarding dividends can make the stock more attractive to investors seeking income.

• Market Dynamics: The stock has shown significant price movements in recent months, reaching highs of S$0.60. Such volatility can attract short-term traders looking to capitalize on price swings.

2. $Seatrium Ltd(5E2.SI)$

• Analyst Re-Ratings: Analysts have reaffirmed "Buy" ratings for Seatrium, citing strong contract wins and strategic growth initiatives. For instance, Pei Hwa Ho highlighted a promising future for the company due to these factors.

• Financial Performance: Seatrium returned to profitability after six years, posting an underlying net profit of $115 million for the half-year ending June 2024. This turnaround was supported by a 39% revenue growth to $4 billion and a record order book surpassing $26 billion.

• Share Buybacks: The company initiated a share buyback program, purchasing approximately $2 million worth of shares at an average price of $1.4833. Such actions can boost investor confidence and positively impact the stock price.

3. $SingaporeLandGrp(U06.SI)$

• Market Dynamics: Share prices can fluctuate due to various factors, including investor sentiment, market speculation, or broader economic indicators. For instance, the real estate sector's performance can influence property development companies like Singapore Land Group.

• Valuation Metrics: Analyses have indicated that Singapore Land Group's intrinsic value is estimated to be higher than its current stock price. For example, as of December 2, 2024, the intrinsic value was projected at S$6.89, while the stock traded at S$1.76. Such discrepancies can attract investors seeking undervalued stocks.

• Dividend Considerations: The company has a history of dividend payments, which can make the stock more appealing to income-focused investors. Announcements or expectations regarding dividends can influence stock prices.

4. $SEMBCORP INDUSTRIES LTD(U96.SI)$

• Financial Performance: Sembcorp Industries has demonstrated strong financial growth over recent years. For instance, the company reported a net profit of $279 million, up 78% from the previous year, due to increased contributions across all categories.

• Strategic Initiatives: The company's decision to divest its marine arm, Sembcorp Marine, following its merger with Keppel Offshore & Marine to become Seatrium, has been viewed positively by investors. This move allows Sembcorp Industries to focus more on its core utilities and urban development businesses.

• Index Inclusion: Sembcorp Industries was added to the MSCI Singapore Index, which can attract institutional investors and positively impact the stock price.

5. $TJ DaRenTang USD(T14.SI)$

• Financial Performance: The company has demonstrated strong financial growth over recent years. For instance, it reported a net profit of ¥804 million for the first three quarters, despite a 6.33% year-on-year decrease.

• Strategic Initiatives: Tianjin Pharmaceutical Da Ren Tang has been actively involved in various strategic initiatives, including capital increases and equity transfers. For example, it intended to increase capital to Tianjin Pharmaceutical Group Finance Co., Ltd. by ¥150 million.

• Market Dynamics: The pharmaceutical sector has seen increased demand for Traditional Chinese Medicine products, especially during the influenza season. This surge in demand can positively impact companies like Tianjin Pharmaceutical Da Ren Tang.

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