Specialises in Inter-market Analysis. Invest in bonds, dividend yielding stocks and reits. Trades in forex, stocks, futures, gold and oil.
In this video, I look at 3 Hong Kong stocks that share a compelling technical setup: each built a massive multi-year base, corrected significantly from their highs, and are now showing early signs of a bullish reversal.
Watch here: https://youtu.be/x9jpofNLnBA
3 HK Stocks with massive bases—and deeply oversoldIn this video, I look at 3 Hong Kong stocks that share a compelling technical setup: each built a massive… YOUTU.BE |
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$UOB(U11.SI) Technicals & Dividends
1. 11-Month Structural Breakout
Pattern: A massive Cup and Handle formation developed over 11 months (Jan 2025 – Dec 2025).
Breakout: The price cleared the $36.00 psychological resistance in early January 2026.
Current Action: Price has retraced to the $36.00–$36.40 zone. This "throwback" validates the previous resistance as new support.
2. Bullish Reversal at Support
Lower Timeframe: As price hits the breakout level, it is forming a bullish Inverted Head and Shoulders pattern.
Significance: This suggests that the recent pullback is exhausting, and buyers are stepping in to defend the breakout zone.
3. Dividend Yield & Closing Price
Dividend Yield: Based on the current price and the trailing 12-month (TTM) dividend of S$2.27, the current yield is approximately 6.17%.
Upcoming Dividend: A final dividend of S$0.71 has been declared. The ex-dividend date is April 24, 2026, with payment on May 8, 2026.
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Hit the follow button to stay updated! I post valuable trading and investing insights every week—don’t miss out on being the first to know!
This stock was identified based on a signal generated by the TAT System https://bit.ly/tawpro.
Disclaimer:
This document is not an offer or solicitation to buy or sell, nor financial advice or recommendation for any investment product. This document has been published for general circulation only. Information found in Binni Ong commentary is not an offer or solicitation to buy or sell, nor financial advice or recommendation for any investment product. She is providing education and training, and is not regulated by the Monetary Authority of Singapore or any financial regulatory body. Where past performance is referred to, it is not indicative of future performance. Examples quoted in this presentation are for illustration purposes only and do not represent any investment views or strategies. Advice should be sought from a financial adviser regarding the suitability of the investment product before you commit to invest in it.
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$Sheng Siong(OV8.SI) has been respecting a long-term ascending trendline since 2025, and the current level around $2.67 appears to be sitting on that green trendline support. If this holds, the key support zone to watch is roughly $2.50–$2.55, where the trendline converges.
On the upside, price is facing immediate resistance in the $2.74–$2.78 zone — a level that has capped rallies multiple times recently. The repeated failure to break above this band is worth noting.
If this resistance continues to hold, the price structure could be shaping up into a head and shoulders pattern — a classic chart formation that signals a potential shift from an uptrend to a downtrend, where buyers gradually lose control to sellers.
=====
Hit the follow button to stay updated! I post valuable trading and investing insights every week—don’t miss out on being the first to know!
This stock was identified based on a signal generated by the TAT System https://bit.ly/tawpro.
Disclaimer:
This document is not an offer or solicitation to buy or sell, nor financial advice or recommendation for any investment product. This document has been published for general circulation only. Information found in Binni Ong commentary is not an offer or solicitation to buy or sell, nor financial advice or recommendation for any investment product. She is providing education and training, and is not regulated by the Monetary Authority of Singapore or any financial regulatory body. Where past performance is referred to, it is not indicative of future performance. Examples quoted in this presentation are for illustration purposes only and do not represent any investment views or strategies. Advice should be sought from a financial adviser regarding the suitability of the investment product before you commit to invest in it.
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𝐌𝐚𝐫𝐤𝐞t 𝐔𝐩𝐝𝐚𝐭𝐞 *18/3/26*
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STI: 4935 (+67) | HSI: 25868 (+34) | Dow: 46993 (+46) | S&P: 6716 (+16) | Nasdaq: 22479 (+105)
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*US Markets Overnight!*
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*Resilient for Now, Not Entirely Comfortable!*
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Well, Wall Street squeezed out a second green day, but no one’s getting carried away. The Nasdaq Composite did most of the lifting, up 0.5%, while the S&P 500 and Dow Jones Industrial Average tagged along. Feels less like a rally, more like the market inching higher while constantly checking the news feed.
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And for good reason, oil is back stirring the pot. WTI crude oil is pushing $96, Brent crude above $103, all tied to rising Middle East tensions and the Strait of Hormuz situation. That’s the kind of setup that keeps inflation risks lurking in the background.
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Rates aren’t panicking though. The US 10-year Treasury yield dipped slightly to ~4.20%, which tells you bond markets are still in “let’s see how this plays out” mode, same as the Federal Reserve kicking off its meeting. I guess most of us may have already guessed tha the base case is that Fed stays put. What happens next depends less on data, more on how long oil stays elevated. Energy is calling the shots, apparently.
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On the stock side, a bit more personality: *Nvidia* slipped despite big AI talk and that trillion-dollar revenue ambition. Expectations are sky high, so even good news feels “priced in.” *Uber Technologies* popped 4%+ on deeper robotaxi ties with Nvidia, AI narrative still sells. *Delta Air Line* jumped 6.5% after lifting revenue outlook, basically flexing strong travel demand despite fuel costs. *American Airlines* and *United Airlines* got pulled higher too.
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Frankly, markets are holding up better than one expect with oil climbing and geopolitics heating up. But it does feel like we’re one headline away from a different mood. For now, the tape is resilient, just not entirely comfortable.
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*What’s Brewing Today!*
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*LIVE on MoneyFM 89.3: Market View*
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To be honest, I was pleasantly surprised by SG Market. In a few recent media interviews, I had shared my view that STI would likely hover around the 4800 level until there’s some resolution in the Iran conflict. But looking at it now, it’s already above the 4900 range, which is better than I had expected.
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Once again, *Bumitama Agri* takes the spotlight, refreshing a new ATH of $1.68. With the escalation of the Iran war, CPO prices spiked, and that clearly benefits an upstream palm oil player. Bumitama actually hit an all-time high of $1.68 today, quietly climbing from around $1.30 just two weeks ago. That’s roughly a 29% surge in a very short period.
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Yesterday, Scoot released its February statistics. A 17% passenger growth, which shows strong travel demand, especially in the budget segment, but these figures are backward-looking and pre-conflict as the Iran War started on 28 February. Going forward, rising costs, airspace disruptions, and geopolitical risks create uncertainty despite resilient demand. We have seen *SIA* share price stabilising and moving sideways within a fairly wide range, which suggests that investors are already digesting both the positives and the risks. So my take is that, near term, the stock may remain range-bound as the market watches how the Middle East situation develops. Longer term, as long as travel demand stays resilient, that provides support, but oil prices and geopolitics will really be the key swing factors from here.
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Had shared the above views and many more (on SingTel, Nvidia, SG economy) in a live radio interview yesterday on Money FM 89.3. If you have missed it, you can still listen to the podcast here:
https://omny.fm/shows/moneyfm-evening-show...
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*Zaobao Interview: SingTel*
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Singtel’s recent service hiccups caught some attention, but the market seems to be taking it in stride.
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As I shared with Lianhe Zaobao 联合早报, for a well-established, cash-generating telco like *Singtel*, a one-off outage (even one lasting several hours) is usually not enough to derail the long-term story. What really moves the share price is how investors perceive the situation. Short-term selling can happen if confidence wavers, but once clarity returns, prices tend to stabilise quickly.
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The good news here is services have been restored, and it’s confirmed that this wasn’t a cyberattack, which helps contain negative sentiment. That said, if disruptions start to become frequent, investors would need to consider reputational and regulatory risks more closely.
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In short: short-term impact is likely mild, long-term depends on whether this becomes a pattern. For now, it’s a matter of monitoring, but there is no need to overreact.
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Big thanks to Lewis Ong (早报财经新闻, 资深高级记者 王阳发) for the interview and for putting this story together so clearly.
https://www.zaobao.com.sg/finance/singapor...
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As for news driven catalysts, look out for *Marco Polo Marine*, *Geo Energy* and *SIA Engg* for any potential market interest. See below for more details.
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*Happening Today*
SG XD:
— Fabchem China: SGD 0.0088
SG Earnings:
— Top Glove
EU:
CPI (YoY) (Feb) / Core CPI (YoY) (Feb)
US:
— Core PPI (YoY) (Feb) / FOMC Meeting decision / Factory Orders (Jan)
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*SG Stock news*
—💪 *SIA Engineering*, through its subsidiary SIAEC Global, has signed agreements to acquire a 30% stake in Arport Aircraft Maintenance & Engineering (Fujian) and establish a Maintenance, Repair and Overhaul joint venture in Fujian, China for RMB129 million, pending regulatory approvals.
—💪 *Marco Polo Marine* Subsidiary PKRO Secures 15-Year Government Charter Contract worth NT$2.948B (approximately S$118M) in Taiwan, expected to provide long-term, recurring revenue visibility
—💪 *Geo Energy’s* MBJ Integrated Infrastructure project reaches 80% completion, secures binding term sheets for 9 million tonnes annual haulage, and, combined with surging coal prices, positions the Group for significant recurring revenue and EBITDA growth in 2026.
— *UI Boustead REIT* saw cornerstone investor Amova Asset Management raise its stake to 5.03% and Wong Fong Fui buy additional units following a weak trading debut.
— *Secura* wins $12.9 mil contract to provide security to Singapore's public museums
— *ComfortDelGro* introduces new temporary driver fee, increases meter fare to better support cabbies. The temporary measures aim to support drivers grappling with higher operating costs as fuel prices rise.
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Sources:
www.sgx.com
www.investing.com
www.theedgesingapore.com
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Start your investment journey here:
https://tinyurl.com/gotopoems
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Cheers!
Dan
Disclaimer: https://tinyurl.com/dan-disclaimer
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#dailyupdate #tradeSGX #POEMS #danccs
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Defense stocks are rallying… but investors should still stay grounded.
Over the past month, Singapore-listed defense-related companies such as ST Engineering, Nordic Group and Seatrium have been drawing strong investor interest.
With tensions involving Iran and rising global security concerns, the defense sector has naturally come into sharper focus.
When speaking with Lianhe Zaobao, my key message was this.
While geopolitical tensions have boosted sentiment, a significant portion of the optimism may already be reflected in current prices. We are seeing a similar pattern globally with major defense names like Lockheed Martin and Northrop Grumman.
For investors, the takeaway is simple.
Stay patient on entry points, and focus on companies with strong order books, clear technological capabilities, and exposure to long-term defense spending trends.
Even if individual conflicts cool down, global defense spending is unlikely to reverse overnight. The structural trend remains intact.
Appreciate the opportunity to share my views with Lianhe Zaobao.
Special thanks to Zaobao Business Journalist Tobby Siew (财经新闻记者 萧维旸) for the thoughtful questions and well-balanced coverage, always a pleasure seeing careful journalism bring clarity to complex market themes.
E-article: https://www.zaobao.com.sg/finance/singapore/story20260316-8743662
#DefenseStocks #Zaobao #TradeSGX #danccs
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𝐌𝐚𝐫𝐤𝐞t 𝐔𝐩𝐝𝐚𝐭𝐞 *17/3/26*
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STI: 4868 (+26) | HSI: 25834 (+368) | Dow: 46946 (+388) | S&P: 6699 (+67) | Nasdaq: 22374 (+268)
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*US Markets Overnight!*
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*Oil Cools, Tech Rules*
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Wall Street bounced back Monday, shaking off last week’s oil scare. The S&P 500 +1.0%, Nasdaq +1.2%, Dow +388 points (+0.8%). Not exactly a moonshot, but a solid “risk-on” reset after three straight down weeks.
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The main driver, *oil* blinked. West Texas Intermediate crude slid nearly 5% to about $94 after briefly topping $102 earlier in the day, as talks to reopen the Strait of Hormuz eased fears of a prolonged supply choke. Brent crude still hovered around $100, but the message was clear, if tankers keep moving, the panic premium may evaporate just as fast as it appeared.
Geopolitics is still simmering. Donald Trump is reportedly trying to assemble a naval escort coalition for ships in the strait, while Scott Bessent said Iranian tankers have already been allowed to pass to keep global supply flowing.
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*Rates* also gave equities a helping hand. The U.S. 10-year Treasury note yield slipped to 4.23% from above 4.28% on Friday, just days before the Federal Reserve rate decision. A small move, but enough to remind markets that the macro backdrop still matters more than the headline du jour.
Across assets, the defensive trade softened. *Gold* dropped nearly 1%, *Silver* edged lower, and the *USD* slipped 0.6%. Meanwhile Bitcoin clawed back to around $74K after dipping below $71K overnight.
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Big Tech did its usual heavy lifting. All the Magnificent Seven finished higher. *Meta Platforms* led the pack, +2.3%, after reports it may cut jobs to offset ballooning AI costs. Slightly ironic, layoffs to fund the machines replacing people, but investors clearly liked the margin math.
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*Nvidia* gained 1.6% as CEO Jensen Huang kicked off the company’s GPU Technology Conference, projecting a jaw-dropping $1 trillion in orders for its Blackwell and Vera Rubin AI systems through 2027. Ambitious? Absolutely. But in this AI cycle, Nvidia keeps setting the bar, and then raising it.
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For now, as I see it, Monday looked less like a rally and more like a collective exhale. Now the real question, will the Fed keep the calm going, or remind markets who actually runs the show.
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*What’s Brewing Today!*
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I often think about what it really means to stand firm. In a world where markets swing wildly and headlines can turn optimism into fear overnight, few things teach you patience quite like a resilient company.
Today, 𝐁𝐮𝐦𝐢𝐭𝐚𝐦𝐚 𝐀𝐠𝐫𝐢 (stock code: P8Z) reminded me of that lesson. It didn’t just move, it quietly surged to a new all-time high, breaking through its previous peak on strong volume. For those watching closely, the message was clear: this isn’t luck, it’s endurance.
In the face of geopolitical uncertainties and a volatile sector, it stands tall, not by chasing the spotlight, but by navigating challenges with quiet strength. Watching it, I felt something rare, an admiration for a business that grows steadily and reliably, even when the winds around it are unpredictable.
Sure, there’s no guarantee the tide won’t change, given the inherently volatile nature of the palm oil sector. Prices can swing, geopolitics can shift, and unexpected challenges can appear overnight. But what makes Bumitama resilient is how it deflects these risks: strong dividends, disciplined operations, upstream positioning, and a proven ability to navigate uncertainty without panic. True resilience isn’t flashy, it’s enduring.
Reflecting on this breakout, I see more than just a price chart. I see perseverance, discipline, and the quiet strength to weather storms. In the face of uncertainty, Bumitama teaches a rare kind of courage, one that doesn’t make noise but still leaves a mark.
And so, as I watch it rise, one thought stays with me:
𝐑𝐞𝐬𝐢𝐥𝐢𝐞𝐧𝐜𝐞 𝐢𝐬𝐧’𝐭 𝐣𝐮𝐬𝐭 𝐬𝐮𝐫𝐯𝐢𝐯𝐢𝐧𝐠 𝐭𝐡𝐞 𝐬𝐭𝐨𝐫𝐦. 𝐈𝐭'𝐬 𝐥𝐞𝐚𝐫𝐧𝐢𝐧𝐠 𝐭𝐨 𝐝𝐚𝐧𝐜𝐞 𝐢𝐧 𝐭𝐡𝐞 𝐫𝐚𝐢𝐧 𝐚𝐧𝐝 𝐜𝐨𝐦𝐞 𝐨𝐮𝐭 𝐬𝐭𝐫𝐨𝐧𝐠𝐞𝐫 𝐨𝐧 𝐭𝐡𝐞 𝐨𝐭𝐡𝐞𝐫 𝐬𝐢𝐝𝐞.
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*SGX Research Vault*
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*Institutional Outflows Persist, as Buybacks Sustain and Insiders Accumulate
*iEdge Next 50: Haw Par, Ultragreen to Lift Healthcare Weighting*
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*Happening Today*
SG:
— Non-Oil Exports (YoY) (Feb) / Trade Balance (Feb)
US:
— ADP Employment Change Weekly / Pending Home Sales / API Weekly Crude Oil Stock
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*SG Stock news*
— *SIA* saw a 3.8% rise in passenger traffic and an 8.8% increase in cargo loads, with load factors of 85.6% for passengers and 56.7% for cargo, supported by Lunar New Year demand and network expansion including Scoot’s new Medan service.
— * Renaissance United* ‘are expected to report a net loss for the period. The loss is predominately due to reduced installation sales to new customers by the Group's China gas distribution business.
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Sources:
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Start your investment journey here:
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Cheers!
Dan
Disclaimer: https://tinyurl.com/dan-disclaimer
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I focus on trend trading and technical analysis using my 1GT strategy to catch strong uptrends with clear entries and exits. Want to learn it? Join my FREE webinar here: https://bit.ly/1GTLive
Some are still holding strong uptrends. One is even attempting a breakout.
I just broke down 5 Singapore stocks using my 1GT strategy + key support levels — where the real opportunities (and risks) are now.
>> https://youtu.be/x4FFaure_o0
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But when markets panic… opportunities can appear.
I turned on my 1GT Indicator and found 𝟑 𝐇𝐊 𝐬𝐭𝐨𝐜𝐤𝐬 𝐰𝐨𝐫𝐭𝐡 𝐰𝐚𝐭𝐜𝐡𝐢𝐧𝐠 𝐫𝐢𝐠𝐡𝐭 𝐧𝐨𝐰 — and you can actually buy them on SGX via SDR.
Watch the breakdown here:
📺 https://youtu.be/_TyGWq99XmE
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$AEM SGD(AWX.SI) Approaching the 3.50 resistance amidst general market weakness as prices potentially looks to consolidate under the resistance, with the 3.00 support holding.
All 3 Moving Averages continues to point up, confirming the uptrend remains intact. If prices are able to break and hold above the immediate resistance, higher target drawn toward the 4.00 psychological level.
3 1GT Bullish signals still present, could the 4th be seen soon?
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@sgsiasorg Calling all NetLink NBN Trust unitholders!
Join us for an exclusive briefing hosted by SIAS with NetLink’s management team. Gain key insights into FY25 highlights and discover what’s ahead for FY26. Don’t miss this opportunity to get your questions answered and stay informed.
Date: 9 July, Wednesday
Time: 12.00pm - 1.00pm SGT
Location: SIAS Training Room
Register now: https://bit.ly/3HK3V2r
#NetLinkNBNTrust #SIAS #InvestorBriefing
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@sgsiasorg Calling all NetLink NBN Trust unitholders!
Join us for an exclusive briefing hosted by SIAS with NetLink’s management team. Gain key insights into FY25 highlights and discover what’s ahead for FY26. Don’t miss this opportunity to get your questions answered and stay informed.
Date: 9 July, Wednesday
Time: 12.00pm - 1.00pm SGT
Location: SIAS Training Room
Register now: https://bit.ly/3HK3V2r
#NetLinkNBNTrust #SIAS #InvestorBriefing
1
Struggling with investing? You’re not alone!
Many people find themselves stuck buying high, selling low, or not investing at all due to fear or past losses. If this sounds familiar, this session is for YOU.
Led by a seasoned expert with over 30 years of experience advising top institutional investors, this session offers practical tools to help you take control of your financial future.
Don’t miss out, your journey to financial independence starts here!
Sign up here: http://bit.ly/404jOHm
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I developed the Left- Side and Right-Side Trading Strategies: using left-side trading to buy the dip, and right-side trading to sell at the peak — aiming to capture mid-term trends in Singapore stocks and SDR.
Privacy & Disclaimer Policy: https://tinyurl.com/disclaimersandpdpa
https://www.youtube.com/live/ZvRMJ8Q4jzw?s...
$DBS(D05.SI) $SGX(S68.SI) $Singtel(Z74.SI)
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$DBS(D05.SI) $Geo Energy Res(RE4.SI) $NIO Inc. USD OV(NIO.SI)
https://youtu.be/eDEi_66QytQ
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https://www.youtube.com/watch?v=Hpx7qa3cudM
$DBS(D05.SI) $UOB(U11.SI) $OCBC Bank(O39.SI) $Singtel(Z74.SI) $NIO Inc. USD OV(NIO.SI)
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Kenny Loh possesses deep and well-rounded investment expertise, combining fundamental analysis (FA), technical analysis (TA), and macroeconomic insights to construct and manage robust, diversified portfolios. His approach integrates both traditional and alternative investments to meet a wide range of client objectives.
In addition to his proficiency in equities, bonds, REITs, and ETFs, Kenny is also well-versed in alternative investment strategies. He holds a Certificate in Alternative Investments from Harvard Business School and has hands-on experience with private equity, private credit, trade financing, hedge funds, and digital funds.
As a MAS-licensed and fully qualified Wealth Advisory Director, Kenny is authorized to advise on the full spectrum of regulated investment products. He specializes in designing tailored investment portfolios that align with individual risk profiles and long-term financial goals.
Collaboration with Tiger Broker
I will provide 1 hour complimentary portfolio review when you open an account with Tiger Broker. https://engage.fa.com.sg/service/kennyloh/...
Are investors focusing too much on headline DPU when evaluating Singapore REITs? Michelle Martin examines why the familiar distribution-per-unit number may not tell the full story.
In this episode of Money and Me, we explore whether investors should shift their focus from the quantity of distributions to the quality and sustainability behind them.
REIT specialist and Wealth Advisory Director Kenny Loh introduces a new framework - the Management Efficiency Index (MEI) - meant to help investors evaluate how effectively REIT managers generate and protect long-term income.
The conversation also unpacks the risks behind 100% payout strategies, accounting optic moves, and the impact of management fees paid in units.
With AGM season approaching, Kenny shares the key questions retail investors should ask management teams to better understand the resilience of distributions.
Any investor heading to a REIT AGM would benefit from knowing the right questions to ask to dive beyond the numbers to get at management "sweat equity".
You can listen to the podcast over here. https://reitsavvy.com/insights/money-and-m...
Kenny Loh is a distinguished MAS Private Wealth Advisor (RNF: LKK300389588) representing Financial Alliance with a specialization in holistic investment planning and estate management. He excels in assisting clients to grow their investment capital and establish passive income streams for retirement. Kenny also facilitates tax-efficient portfolio transfers to beneficiaries, ensuring tax-efficient capital appreciation through risk mitigation approaches and optimized wealth transfer through strategic asset structuring.
👉 https://www.kennyloh.net/
$FSTAS351020(FSTAS351020.IN) $LION-PHILLIP S-REIT(CLR.SI) $CSOP iEdge SREIT ETF US$(SRU.SI) $CSOP iEdge SREIT ETF S$(SRT.SI) $UOB AP GRN REIT S$(GRN.SI) $UOB AP GRN REIT US$(GRE.SI) $BHG Retail Reit(BMGU.SI) $CapLand IntCom T(C38U.SI) $CapLand China T(AU8U.SI) $Fortune Reit HKD(F25U.SI) $Frasers Cpt Tr(J69U.SI) $Lippo Malls Tr(D5IU.SI) $Mapletree PanAsia Com Tr(N2IU.SI) $StarhillGbl Reit(P40U.SI) $IREIT Global(UD1U.SI) $Keppel Reit(K71U.SI) $ManulifeReit USD(BTOU.SI) $OUEREIT(TS0U.SI) $Suntec Reit(T82U.SI) $AIMSAMP Cap Reit(O5RU.SI) $CapitaLand Ascendas REIT(A17U.SI) $EC World Reit(BWCU.SI) $ESR-REIT(J91U.SI) $Frasers L&C Tr(BUOU.SI) $Frasers L&I Tr AUD(BWQU.SI) $Keppel DC Reit(AJBU.SI) $Mapletree Ind Tr(ME8U.SI) $Mapletree Log Tr(M44U.SI) $Sabana Reit(M1GU.SI) $Far East HTrust(Q5T.SI) $CDL HTrust(J85.SI) $CapLand Ascott T(HMN.SI) $Frasers HTrust(ACV.SI) $First Reit(AW9U.SI) $ParkwayLife Reit(C2PU.SI) $Dasin Retail Tr(CEDU.SI) $NikkoAM-STC Asia REIT(CFA.SI) $Sasseur Reit(CRPU.SI) $Nikko AM STI ETF(G3B.SI) $STI ETF(ES3.SI) $CapLand India T(CY6U.SI) $Acro HTrust USD(XZL.SI) $Keppel Reit(K71U.SI) $Prime US ReitUSD(OXMU.SI) $Lendlease Reit(JYEU.SI) $NikkoAM-STC Asia REIT(CFA.SI) $ELITE UK REIT(MXNU.SI) $UtdHampshReitUSD(ODBU.SI) $STONEWEG EUROPEAN REIT(CWBU.SI) $Cromwell Reit SGD(CWCU.SI) $CapitaLandInvest(9CI.SI) $Daiwa Hse Log Tr(DHLU.SI) $DigiCore Reit USD(DCRU.SI) $PARAGON REIT(SK6U.SI) $Stoneweg EUTrust EUR(SET.SI) $Stoneweg EUTrust SGD(SEB.SI) $ESR REIT(9A4U.SI) $Cent Accom REIT(8C8U.SI) $NTT DC REIT USD(NTDU.SI) $UIBREIT(UIBU.SI)
6
While $DBS(D05.SI) and $OCBC Bank(O39.SI) have been grabbing the headlines with record buybacks and "yield-chasing" rallies, United Overseas Bank (UOB) $UOB(U11.SI) is currently telling a very different story on the charts.
As we hit mid-March 2026, UOB is sitting at a critical technical and fundamental crossroads. Here is my deep dive into why this might be the most "interesting" play of the Big Three right now.
Looking at the current chart, UOB is showing significantly more "friction" than its peers.
UOB’s recent earnings moderation has put some downward pressure on the stock, but the underlying "Value" story is intact.
As a regional specialist, UOB’s 2026 performance is tied to two moving parts:
UOB is currently a Contrarian Value Play. It doesn't have the "easy" momentum of OCBC right now, but it offers the best entry price for long-term investors.
Are you adding UOB at these levels to capture the valuation gap, or are you waiting for a clearer breakout above the 50-day MA? Let's hear your thoughts below!
Kenny Loh is a distinguished MAS Private Wealth Advisor (RNF: LKK300389588) representing Financial Alliance with a specialization in holistic investment planning and estate management. He excels in assisting clients to grow their investment capital and establish passive income streams for retirement. Kenny also facilitates tax-efficient portfolio transfers to beneficiaries, ensuring tax-efficient capital appreciation through risk mitigation approaches and optimized wealth transfer through strategic asset structuring.
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As of March 15, 2026, DBS $DBS(D05.SI) is navigating a complex period marked by "peak" earnings sentiment, significant capital returns, and a volatile geopolitical backdrop.
DBS is currently trading Cum-Dividend (CD). The stock has a significant dividend payout pending, which will create a mechanical price drop on the Ex-Dividend (XD) date.
DBS reported a record FY2025, but management has guided for a "slight decline" in net profit for FY2026.
The "higher for longer" era is fading, and the market is pricing in the impact of a more dovish Fed.
4. The Verdict: Predicted Next Movement
The combination of rate cuts and high valuations suggests that capital appreciation will be limited for DBS in 2026. The stock is essentially evolving into a "super-utility" or a bond-proxy— attractive for its 5.1-5.4% forward yield, but unlikely to see the rapid price surges of 2024–2025.
Kenny Loh is a distinguished MAS Private Wealth Advisor (RNF: LKK300389588) representing Financial Alliance with a specialization in holistic investment planning and estate management. He excels in assisting clients to grow their investment capital and establish passive income streams for retirement. Kenny also facilitates tax-efficient portfolio transfers to beneficiaries, ensuring tax-efficient capital appreciation through risk mitigation approaches and optimized wealth transfer through strategic asset structuring.
DM kennyloh@fapl.sg to enquire his services.
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I bring deep expertise in stocks, Singapore Depository Receipts, structured products, and REITs to help clients capture opportunities and achieve their financial goals.
Golden-Agri Resources (SGX: E5H) in Focus
Tensions in the Middle East have escalated over the past two weeks, pushing Brent crude above US$100 per barrel and lifting the broader energy complex. Higher energy prices are also supporting related commodities such as coal and crude palm oil, with CPO futures rising about 13% since the conflict began.
On SGX, plantation counters have reacted quickly. Wilmar International, First Resources, and Bumitama Agri have all surged alongside the commodity rally. As the sector gains momentum, investors may begin looking for the next laggard that could catch up with the move. One name worth watching is $Golden Agri-Res(E5H.SI).
Following stronger second-half results, Golden Agri reported a robust FY2025 performance. Full-year revenue reached a record high of nearly US$13 billion, representing a 19% year-on-year increase, while EBITDA grew 14% to US$1.26 billion, supported by improved second-half performance.
🔹 My Technical View:
Golden Agri has been consolidating between 0.27 and 0.30 for the past six months, while holding above its 200-day moving average, indicating underlying support. Last Friday the stock closed at 0.30, near the top of the range, suggesting a possible breakout.
My General X Momentum Trend-Following Indicator triggered a Buy signal on Friday, indicating momentum may be building.
Potential upside targets: 0.33 > 0.355 > 0.45 (if the commodity rally continues)
🔹 My Trade Plan:
I will initiate a buy if the price breaks above 0.30, confirming a breakout. If momentum continues, I plan to ride the uptrend together with my other commodity plays, including Wilmar International and Geo Energy Resources.
For reference only. Please refer to disclaimer: https://tinyurl.com/alex-disclaimer
📌If you find this analysis useful, I share weekly trading ideas and special trade setups via my WhatsApp community announcement group (one-way, no spam).
👉 To join, simply message ‘Weekly Ideas - InvestSG’ on WhatsApp: https://wa.me/6590908871
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Today my article on $Seatrium Ltd(5E2.SI) was published in Lianhe Zaobao.
In the piece, I discussed the company’s long journey from the darkest years of the offshore & marine downturn to a possible path of recovery after years of restructuring and industry challenges.
With improving fundamentals and clearer technical signals, Seatrium may be worth starting to accumulate for investors who believe in the sector’s recovery.
Sharing the article here.
📌If you find this analysis useful, I share weekly trading ideas and special trade setups via my WhatsApp community announcement group (one-way, no spam).
👉 To join, simply message ‘Weekly Ideas - InvestSG’ on WhatsApp: https://wa.me/6590908871
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The recent escalation of geopolitical tensions involving the US and Iran has pushed oil prices sharply higher, triggering a rally across the global energy complex.
Coal futures have also strengthened alongside oil. The Newcastle coal futures (NCF) surged following the rise in energy prices.
At the same time, the SGX M42 Thermal Coal Futures benchmark (M42F), which tracks Indonesian coal prices, has climbed to a year-high of US$54.80 per tonne, up from around US$40 six months ago, reinforcing the ongoing uptrend.
Higher coal benchmarks such as NCF and M42F are positive for coal producers like $Geo Energy Res(RE4.SI), as stronger coal prices translate into improved margins and operating cash flow.
📊FY2025 Results Highlights
Despite weaker coal prices, Geo Energy delivered strong operational results in FY2025:
• Coal sales increased 62% to 12.8 million tonnes
• Revenue rose 40% to US$562.7 million
• Net profit reached US$27.5 million
These results demonstrate the company’s ability to grow production and maintain profitability even in a softer coal price environment.
💡Key Investment Drivers:
(Source: Phillip Research)
1️⃣Production Growth
Geo Energy owns four coal mining concessions in Indonesia.
The group produced about 12.5 million tonnes of coal in FY2025, exceeding its production target. Production could increase significantly as output ramps up from the Triaryani (TRA) mine, with potential production reaching 20–25 million tonnes annually once supporting infrastructure is completed.
2️⃣Infrastructure & Toll Income
Geo Energy is developing an integrated haul road and jetty infrastructure, expected to be completed in mid-2026.
Once operational, the company can generate toll income from third-party miners using its haul road, creating a recurring revenue stream beyond coal mining.
With these developments, Geo Energy is gradually evolving from a pure coal miner into an integrated energy infrastructure player.
Phillip Securities maintains a BUY recommendation with a target price of S$0.59.
📈My Technical View:
Geo Energy’s share price has been consolidating since the start of the year within the 0.40–0.45 range, forming a clear base.
On 3 March, my General X trend-following indicator triggered a Buy signal. The stock then broke above the 0.45 resistance, even as the broader market was selling off.
Geo Energy ended last week with a high of 0.46, indicating strong relative momentum.
If the breakout holds, the next upside targets could be 0.52, followed by 0.60.
🌟My Trade Action
I initiated a position at 0.45 on 3 March, following the General X Buy signal.
For reference only. Please refer to disclaimer: https://tinyurl.com/alex-disclaimer
📌If you find this analysis useful, I share weekly trading ideas and special trade setups via my WhatsApp community announcement group (one-way, no spam).
👉 To join, simply message ‘Weekly Ideas - InvestSG’ on WhatsApp: https://wa.me/6590908871
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