ZhengQian

ZhengQian

Synergy House, a furniture player headquartered in Setia Alam, appears to have formed a Cup and Handle pattern on its technical chart. The company stands out despite the overall underperformance of the industrial products sector. Furniture exporters, including Synergy House, are expected to benefit from a stronger USD. Besides, the company has implemented AI...

ZhengQian

Riverstone, a Malaysian glove manufacturer listed on the SGX, specializes in semiconductor cleanroom gloves and is anticipated to benefit from the Trump administration's tariff policies, which will impose high duties on Chinese gloves. Despite this advantage, the semiconductor industry continues to face challenges, with order recovery remaining slow.

ZhengQian

Engtex Berhad, a Malaysian pipe supplier headquartered in Sungai Buloh, stands to benefit from the recent surge in pipe replacement projects across the country. The company may see higher sales volumes from the Rasau water supply scheme, Langat 2 water treatment plant, and the Perak-Penang water transfer scheme, which all use larger-diameter pipes. The share...

ZhengQian

S-REITs have experienced a pullback recently after the MAS mentioned that they intend to maintain the strength of the SGD to control inflation. The interest rate might not be cut as expected, which has caused the current situation we see in S-REITs. Mapletree Pan Asia’s manager has mentioned the high interest rate environment. Additionally, the divestment of...

ZhengQian

The Hong Kong and China stock markets have seen a rebound in recent months. The Hong Kong Stock Exchange is the main direct beneficiary as trading volumes return strongly. The share price is testing the HKD 293 resistance with a strong upward movement. I remain optimistic about the HKSE, believing that Asian equities will come back stronger after the FED cuts rates.

ZhengQian

SATS, a former superstar, seems to be making a comeback this year. The pandemic and WFS acquisition raised many doubts about management, but the latest excellent quarterly results and dividend distribution show that the company is coming back stronger. The recent contract renewal with SIA and the acquisition of Menzies World Cargo (Amsterdam) to expand EU market...

ZhengQian

SGX's share price shows a strong upward movement, breaking through the double-top resistance at $10.93. The stock has risen nearly 20% this year, compared to a 35% increase for regional peer Bursa Malaysia, and a 25% decline for HKEX.

ZhengQian

Capitaland Investments' share price surged today after its managed fund, Capitaland Integrated Commercial Trust, announced a 50% acquisition of its portfolio property, Ion Orchard. The share price has experienced two fake breakouts in the past, with the latest breakout occurring two days before the acquisition announcement. Let's see whether the share price can...

ZhengQian

KEPPEL, the company behind Keppel DC, Keppel Oak Pacific, etc., recently tested the 6.17 resistance level after a pullback. Let's see how it moves.

ZhengQian

Singapore Airlines (SIA) has experienced a notable downturn in its share price over the past weeks, reflecting broader market concerns and a prevailing negative sentiment. After this period of decline, the stock is now finding support around the 5.87 level.

ZhengQian

Haw Par is one of the main shareholders of UOB and UOL Group. While Singapore bank stocks are reaching all-time highs, the investment holding company behind them is the direct beneficiary. The technical chart shows that Haw Par has broken through the resistance. Let's see whether the share price sustain.

ZhengQian

Singapore's aircraft food supplier and airport service provider, SATS, has posted strong financial results, including a positive PATAMI (Profit After Tax and Minority Interests) after completing its acquisition of Worldwide Flight Services (WFS) and integrating it into the fiscal year. This was followed by a significant reduction in liabilities due to debt...

ZhengQian

Genting Singapore, a recovery play and tourism-themed company share price have dropped to $0.87. Markets had high expectations due to a strong QR, the rise of upcoming Chinese tourists, and the opening of Minion Land. However, the share price moved toward opposite direction. Institutional investors are selling, while retail investors keep buying. What’s next?

ZhengQian

Penang Semicon ATE player Aemulus' technical chart shows a breakout above its resistance at 0.405, along with bullish sentiment in the Bursa technology sector.

ZhengQian

ST Engineering's share price finally breaks $4, records a 52-week high at $4.04 today. From what I saw on Moomoo forum. The break out signals has captured investor attention excited them for a trading opportunity. In fundamental speaking, ST Engineering has demonstrated robust performance. Its annual revenue surpassed $10 billion, marking a 12% increase from...

ZhengQian

The stock experienced a panic sell-off after ANZ sold its stake in the company. The chart pattern seems to be forming a Morning Star. Any thoughts on this stock? Disclaimer: Not a trading recommendation.