𝐓𝐡𝐞 𝐏𝐨𝐰𝐞𝐫 𝐨𝐟 𝐂𝐨𝐦𝐩𝐨𝐮𝐧𝐝 𝐆𝐫𝐨𝐰𝐭𝐡 🌱📈

You don’t need a huge amount of money to start investing.

Sometimes, the biggest advantage is simply 𝐭𝐢𝐦𝐞.

Start early, stay consistent, reinvest your gains… and let compounding quietly do the heavy lifting over the years.

👉 Read the full breakdown:
https://joeychoy.beehiiv.com/p/the-power-o...

We put 𝐘𝐎𝐔𝐑 𝐒𝐆 𝐬𝐭𝐨𝐜𝐤 𝐫𝐞𝐪𝐮𝐞𝐬𝐭𝐬 onto the charts today and worked through the trends, key levels & 𝟏𝐆𝐓 𝐬𝐢𝐠𝐧𝐚𝐥𝐬 worth watching from here. 👀📊

Plus, we also revealed some of the 𝐛𝐨𝐧𝐮𝐬 𝐒𝐆 𝐬𝐭𝐨𝐜𝐤𝐬 𝐜𝐮𝐫𝐫𝐞𝐧𝐭𝐥𝐲 𝐨𝐧 𝐨𝐮𝐫 𝐫𝐚𝐝𝐚𝐫! 🎁

Missed the LIVE? Or want to revisit one of the stocks we covered?

📺 Watch the full AMAS SG replay here: https://www.youtube.com/watch?v=fzFkBR0OJQM

And when you rewatch, don’t just focus on whether a stock was bullish or bearish.

𝐏𝐚𝐲 𝐚𝐭𝐭𝐞𝐧𝐭𝐢𝐨𝐧 𝐭𝐨 𝐭𝐡𝐞 𝐤𝐞𝐲 𝐥𝐞𝐯𝐞𝐥𝐬 𝐰𝐞 𝐡𝐢𝐠𝐡𝐥𝐢𝐠𝐡𝐭𝐞𝐝, 𝐭𝐡𝐨𝐬𝐞 𝐚𝐫𝐞 𝐰𝐡𝐚𝐭 𝐲𝐨𝐮 𝐜𝐚𝐧 𝐜𝐨𝐧𝐭𝐢𝐧𝐮𝐞 𝐰𝐚𝐭𝐜𝐡𝐢𝐧𝐠 𝐚𝐟𝐭𝐞𝐫 𝐭𝐡𝐞 𝐬𝐞𝐬𝐬𝐢𝐨𝐧. 👀

Enjoy the replay & we’ll see you at the next AMAS! 🚀

$STI(^STI.IN) | $PC Partner(PCT.SI) | $CapLand Ascott T(HMN.SI) | $SIA(C6L.SI) | $Food Empire(F03.SI) | $CityDev(C09.SI) | $SATS(S58.SI) | $Bumitama Agri(P8Z.SI) | $ST Engineering(S63.SI) | $CSE Global(544.SI) | $HongkongLand USD(H78.SI) | $OCBC Bank(O39.SI) | $Venture(V03.SI) | $SGX(S68.SI) | $Singtel(Z74.SI) | $Olam Group(VC2.SI)

$First Resources(EB5.SI) has continued to show strength, with prices breaking above the 5.00 psychological level and now holding around it. This suggests that the previous resistance could potentially turn into a new support if buyers continue to defend this area.

The overall trend remains strong as all 20d, 100d and 200d moving averages continue to slope upward. The recent 1GT Bullish signal also remains in play, with no 1GT Bearish signal yet.

If price can continue to stay above 5.00, the next upside target could be drawn toward 5.50. With First Resources holding above this key psychological level, could the next move bring prices closer toward 5.50?

https://youtu.be/YgfUAp5BY3E
$DBS(D05.SI) $OCBC Bank(O39.SI) $UOB(U11.SI) $Singtel(Z74.SI) $Keppel(BN4.SI) $Sembcorp Ind(U96.SI)

https://youtu.be/pQ1_TuIHCew
$DBS(D05.SI) $OCBC Bank(O39.SI) $UOB(U11.SI) $SGX(S68.SI) $Singtel(Z74.SI)

https://www.youtube.com/live/U7KfjXhnVEw?s...
$DBS(D05.SI) $OCBC Bank(O39.SI) $UOB(U11.SI) $SGX(S68.SI) $AEM SGD(AWX.SI) $UMS(558.SI)

Yesterday I was on air with Michelle Martin on MoneyFM 89.3 for a market analysis on where S-REITs stand right now.

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With average yields around 6.2% tempting income investors, many are asking if they are still being "paid to wait" or simply holding deteriorating balance sheets.

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Key takeaways covered in the session:

• Market Temperature: Share prices across the board remain under rate pressure, but operational winners are quietly growing their DPUs through lower domestic SORA rates, AEIs, and capital recycling.


• Where to Average Down (and Where Not To): Why segments like suburban retail, logistics, and prime data centres offer resilient fundamentals, while high-yield offshore assets may be pricing in rights issues or asset write-downs.


• Red Flags for Value Traps: Looking closely at debt refinancing walls, Interest Coverage Ratios (ICR), and manager-sponsor alignment.


• Income Alternatives: How Singapore banks, S$ corporate bonds, and dividend ETFs stack up against REITs in a barbell income strategy.

For the full operational breakdown and audio recording, check out the write-up here: 👉 Full Insights & Podcast Link: https://reitsavvy.com/insights/money-and-m...

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Would love to hear your thoughts—are you averaging down on S-REITs today or shifting capital into banks/fixed income?

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‌
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/...
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#SingaporeREITs #Investing #DividendInvesting #PassiveIncome

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$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)

Singapore’s healthcare REIT segment provides investors with exposure to healthcare-related properties, with both First REIT and Parkway Life REIT showing a strong focus on the healthcare sector. Based on the comparison data, $First Reit(AW9U.SI) derives 97.7% of its portfolio from healthcare, with the remaining 2.3% in hospitality, while $ParkwayLife Reit(C2PU.SI) has 100% healthcare exposure.

However, the two REITs present very different investment profiles. First REIT offers a significantly higher yield and trades below NAV, while Parkway Life REIT has lower gearing and stronger year-to-date performance but trades at a substantial premium to NAV. This creates a clear contrast between a higher-yield, value-oriented profile and a more conservatively valued healthcare REIT.

Read more below:
https://reitsavvy.com/insights/singapore-h...

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/

#SingaporeREITs #Investing #DividendInvesting #PassiveIncome
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Leaving your money in a traditional bank account feels safe because the nominal number never drops—but with local bank interest sitting at ~0.05% against Singapore food inflation at 1.8%, your purchasing power is silently bleeding out. If your cash isn't crossing that crucial inflation line, you are mathematically getting poorer every day.

It's time to bridge the "Real Yield" gap and turn passive income into a lifestyle asset. In this Tiger Live stream, we break down the exact mechanics of generating predictable cash flow using everyday financial tools. We will demystify the core income terminology—Dividends, Coupons, and DPUs—and reveal how to construct a low-volatility engine that distributes cash flow automatically. From low-barrier options like T-Bills to high-yielding tools like Singapore REITs, this session provides a concrete blueprint to cover your recurring liabilities, one bill at a time.

Here are the 3 key takeaways from the blueprint:
• Bridge the Real Yield Gap: Traditional bank accounts (~0.05%) and 1-Year T-Bills (~1.45%) fall behind Singapore food inflation (~1.8%), meaning idle cash mathematically loses purchasing power every day.
• The 3 Pillars of Passive Income: Dividends (stocks), Coupons (bonds), and DPUs (REITs) all serve the exact same purpose—generating regular, predictable cash flow without requiring you to sell your underlying capital base.
• Target One Bill at a Time: Build a robust, low-volatility engine by layering assets (T-Bills, SPDR STI ETF, and high-yield Singapore REITs) to systematically match and wipe out your recurring real-world expenses.

https://www.youtube.com/watch?v=c3kls36wvw...

🎤 Meet Your Host Kenny Loh (LKK300389588) Wealth Advisory Director | SGX Academy Trainer | CERTIFIED FINANCIAL PLANNER (CFP®) Kenny specializes in holistic investment planning, estate management, and tax-efficient wealth transfer. As an esteemed SGX Academy trainer focusing on S-REIT investing, he regularly shares insights on MoneyFM 89.3 and at SGX events. He holds the titles of Certified Estate & Legacy Planning Consultant and CFP®, helping clients grow capital and build passive income streams for retirement. https://www.kennyloh.net

After the latest Fed rate hike, US stocks rebounded from their recent consolidation, led by technology and semiconductor stocks. The improving sentiment has also brought buying interest back into Singapore tech stocks, with $AEM SGD(AWX.SI) emerging as one of the leaders.

Despite AEM’s strong rally this year, I believe the growth story remains intact and there could still be further upside..

🔹 No Longer Just an Intel Story

This is one of the biggest changes in AEM’s investment story.

Its major fabless AI/HPC customer has already become its largest revenue contributor, reducing AEM’s dependence on Intel.

At the same time, AEM is expanding into memory and OSAT customers, while Intel and Intel Foundry remain additional growth opportunities.

🔹 Earnings Are Accelerating

AEM’s 1H26 revenue rose 29.9% to S$247.2m, while earnings improved strongly.

More importantly, AEM raised its FY26 revenue guidance from S$550–600m to S$630–680m, with EPS guidance of 24.5–27.5 cents.

🔹 AI/HPC Is Driving a New Testing Cycle

AI chips are becoming more powerful and complex, requiring more testing, longer test times and better thermal management.

This plays directly into AEM’s strength in advanced semiconductor testing.

🔹 More Than S$400m AMPS Backlog

AEM already has more than S$400m of backlog for its AMPS platform alone, supported by orders from its major AI/HPC and PC/Foundry customers.

This provides strong visibility for the next phase of growth.

Analysts’ Target Price

🎯 UBS: S$16.00
🎯Jefferies: S$15.20
🎯CGS International: S$14.79
🎯DBS: S$14.60

📊My Technical View

AEM pulled back after failing to break above the stubborn S$11 resistance and found support at S$8.55.

The stock is now attempting to rebound again. Momentum has been building over the past three days following the rebound in US tech stocks, and my General X system triggered another BUY signal yesterday.

I expect AEM to break above S$9.85 next week. A successful breakout could open the way for the next leg higher and retest the S$11 resistance.

My Next Technical Targets

🎯 S$9.85
🎯S$11.00
🎯S$13.45

🌟 My Trade Action

I initiated a position at S$9.28 yesterday and will add if AEM breaks above S$9.85 next week.

⚠️Risk Management

I will exit if the price closes below S$8.55.

For reference only.

Please refer to my disclaimer: https://tinyurl.com/alex-disclaimer

📌 If you find this analysis useful, I share weekly trading ideas and special trade setups through my WhatsApp Community Announcement Group (one-way only, no spam).

👉 To join, simply WhatsApp “SG” to:
https://wa.me/6590908871

Joining is free.

As a stockbroker for the past 23 years and someone active in the market every day, I have watched $Genting Sing(G13.SI) closely since Resorts World Sentosa opened.

If I judge the company purely by its share price, it has been a disappointing investment. Many retail investors waited years for a turnaround, only to be disappointed again.

This is personal for me too.

Many of my clients bought Genting Singapore years ago following my recommendation, around S$0.95–S$1.00. Some are still holding, while I have advised others to move on to better-performing stocks.

So when I recently visited RWS, I had mixed feelings.

I remember the disappointment, but investing is about looking forward. And this time, I can finally see a few reasons for hope.

1. RWS 2.0 Is Moving From Cost to Revenue

For years, investors mainly saw the spending and higher costs.

Now, Minion Land, Singapore Oceanarium, WEAVE and The Laurus are operating. 1H26 non-gaming revenue grew 6% to around S$399m, an early sign these new assets are contributing.

2. Gaming Is Showing Signs of Recovery

After a weak 1Q26, 2Q26 adjusted EBITDA improved to around S$211m, up 18% QoQ and 12% YoY.

If gaming market share continues to recover, earnings could improve meaningfully.

3. Getting Visitors to Stay Longer and Spend More

This was one of my biggest takeaways from the visit.

RWS 2.0 is not just about attracting more visitors. Oceanarium, WEAVE, The Laurus, USS, dining, entertainment and gaming can work together to encourage visitors to stay longer and spend more.

4. Dividend While Waiting

If the annual dividend is maintained at 4 cents, at around S$0.615 the yield is roughly 6.5%. Together with its large cash position, this provides some support while waiting for a recovery.

What I Will Be Watching

Gaming recovery → Is market share improving?
Non-gaming growth → Are RWS 2.0 assets delivering?
EBITDA margin → Are higher revenues translating into profits?

Casino Licence: Key 2027 Watchpoint

RWS’s current licence runs for only two years from February 2025. A favourable next outcome could reduce regulatory uncertainty.

Genting Singapore still has a lot to prove. But after watching this stock disappoint investors for so many years, I left this visit feeling a little more hopeful than when I arrived.

A big thank you to Mun Yuen Chua, Bryan Sim and the RWS team for the warm hospitality, and to SGX Group, Shimona Wong and Amanda Huang for making this insightful visit possible!

📌 If you find this analysis useful, I share weekly trading ideas and special trade setups through my WhatsApp Community Announcement Group (one-way only, no spam).
👉 To join, simply WhatsApp “SG” to:
https://wa.me/6590908871
Joining is free.

Three months ago, I was invited by GuocoLand management to visit the River Modern showroom and attend its 1H FY2026 results sharing, during a session arranged by SEC Newgate Singapore for members of The Society of Remisiers Singapore (SRS).

Since that visit, $GuocoLand(F17.SI) has stayed on my watchlist.

The share price was around S$2.52 during my visit, but it kept falling and eventually dropped to S$2.11 earlier this month.

Interestingly, the more it dropped, the more interested I became, because it meant I could enter at a better price.

I have been monitoring the stock closely for the past three months, and finally saw a buying opportunity last Friday.

Why have I been watching GuocoLand so closely?

One number from the management sharing really caught my attention.

Recurring income grew at 19% a year from FY2017 to FY2025.

Rental and related income increased from S$70 million to S$281 million, supported by around S$7 billion of investment properties, including Guoco Tower and Guoco Midtown.

Why does this matter?

Selling homes gives one-off profits. Rental income keeps coming in.

At the same time:

🔹 Borrowings fell 12% to S$4.8 billion
🔹 Net finance costs dropped 30%
🔹 Attributable profit rose 14% to S$85 million

💡 This is the main reason GuocoLand stayed on my watchlist.

To me, GuocoLand is no longer just a developer that builds and sells properties. It is also growing a steady rental income business backed by quality assets.

Recurring income is growing, while debt and finance costs are coming down.

As an investor, this is the kind of business improvement I like to see.

🎯 Analyst Target Price

• DBS Research: S$3.30

📈 My Technical View

GuocoLand hit S$2.91 in February and had been in a downtrend since then.

The price finally hit a low of S$2.11 in early July and quickly rebounded.

Last Thursday, my General X system triggered a Buy signal. The share price then surged on stronger volume, broke above the downtrend line and even moved back above the 200 EMA.

Technically, the stock is showing signs that the uptrend may be resuming.

My Technical Targets

🎯S$2.58

🎯S$2.91

🌟 My Trade Plan

I will initiate my first entry if the stock can maintain its momentum and stay above S$2.22 on Monday.

⚠️ I will exit the position if the price closes below the 20 EMA for two consecutive trading days.

I waited three months for the setup. Now, I am watching closely for my entry.

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 ‘InvestSG’ on WhatsApp: https://wa.me/6590908871

Joining is free.

Genting Singapore: Hope Is Building, But the Bar Is High
On 18 Sept, I toured Resorts World Sentosa (RWS) with my peers and SGX Group team. The old Hard Rock Hotel is now The Laurus, an all-suite luxury hotel, a clear sign of how far the resort has moved upmarket.

What I saw
WEAVE, with over 40 dining and retail concepts, now links the hotels, casino and lifestyle assets. Minion Land and the Singapore Oceanarium are open.
Super Nintendo World is still to come. By 2030, the waterfront adds two luxury hotels (about 700 rooms), a retail podium and an 88-metre light sculpture.
The RWS 2.0 budget is S$6.8 billion, up from the S$4.5 billion announced in 2019 because of higher costs and redesigns. Gross floor area grows by about 50%.
The investment case
Strategy: attract higher-spending guests, encourage longer stays, and let gaming and non-gaming support each other.
Early signs: 2Q26 adjusted EBITDA of S$211m rose 18% QoQ and 12% YoY. 1H26 non-gaming revenue grew 5.5%.
Balance sheet: S$2.9b in cash at end-June and an investment-grade rating. Management reiterated its commitment to the dividend, which was paid even through COVID. The 4-cent annual dividend is about a 6.5% yield at S$0.615.
The other side of the ledger
1H26 net profit fell 34% to S$156m and adjusted EBITDA fell 8%. Part of 2Q's rebound is recovery from a weak 1Q.
Capex peaks in 2027-28 at S$1.0-1.2b a year. The dividend costs about S$480m a year and 1H EPS (1.3 cents) did not cover the 2-cent interim payout. On my rough numbers, cash could fall towards S$1b by end-2028 unless earnings improve or the company borrows.
Return on invested capital is only around 3.8%. RWS 2.0 has to lift that meaningfully.
The casino licence expires in February 2027. Management is confident, but this is the key event.
My take
At S$0.615, the market is pricing in plenty of scepticism. The shares trade near book value and analyst consensus is Hold, with an average target near S$0.70. But much of the S$2.9b cash is already earmarked for capex, so it is a cushion that is being spent. For me, this is one for the watchlist and for patient, income-focused investors, not a clear-cut buy today.
What I will be watching:
Gaming market share, and how RWS competes for high-net-worth players against Marina Bay Sands
Non-gaming growth and EBITDA margins
The licence outcome
Whether the dividend holds as capex peaks
Thank you to Mun Yuen Chua, Bryan Sim and Chloe Li for hosting us, and to SGX Group Amanda Huang and @shimonawong for organising the visit.

CDL Hospitality Trusts: A Closer Look Beyond the Discount
Had a great noon on 7 September visiting CDL Hospitality Trusts (CDLHT) as part of SGX's "Stocks on the Move" programme — capped off with a stop at W Singapore – Sentosa Cove, where the newly refreshed rooms (and an excellent plate of chicken rice) made a strong first impression.

For those less familiar, CDLHT is one of Asia's leading hospitality trusts, with a S$3.5 billion portfolio spanning 22 properties across 11 cities and 8 countries — hotels, resorts, UK Build-to-Rent and student accommodation. Singapore remains the core, at over 60% of portfolio value, anchored by names like Orchard Hotel, Grand Copthorne Waterfront and W Singapore.
Three things stood out from the session:

1. A discount that may not last. CDLHT currently trades at roughly 0.55x NAV (S$1.41/unit) — about a 45% discount. With gearing down to 35.3% after a S$250m perpetual securities raise, 73.7% of borrowings on fixed rates, and DPU up 8.6%, the balance sheet is moving in the right direction. The question for investors isn't whether it's cheap — it's what closes the gap.

2. Moxy Singapore Clarke Quay as the next catalyst. This 475-key lifestyle hotel — built on the site of the former Novotel Clarke Quay — is on track for TOP in late 2026 and opening in 1H2027, lifting CDLHT's Singapore room count by ~19% (2,555 to 3,030 keys). It's a good example of "sell the old, unlock the value, keep the location."

3. Reinvestment across the portfolio. Asset enhancement works are underway at M Hotel (415 rooms, completing 3Q2027), Copthorne King's Hotel (167 rooms from 4Q2026) and Hilton Cambridge City Centre (198 rooms from 4Q2026), alongside continued expansion in the UK living sector (BTR and PBSA).

On capital recycling, management reiterated a disciplined, selective approach to divestments — and when asked directly about the possibility of a special dividend from future asset sales, both CEO Vincent Yeo and CIO Mandy Koo acknowledged the question was "noted." Nothing confirmed, but a signal worth watching.

As Vincent Yeo put it: "It is always easy to sell but hard to buy back at a better price" — a good reminder of why Singapore stays core to their strategy even amid the living-sector diversification.

Ultimately, a discount to NAV tells us what the market is willing to pay today. Whether Moxy's ramp-up, the AEIs and improving financing costs are enough to close that gap is the story to watch into 2026–2027.

A big thank you to CEO Vincent Yeo, CIO Mandy Koo and the CDLHT team for their generous hospitality and candid sharing, and to Shimona Wong and the SGX team for putting together another excellent Stocks on the Move session for remisiers and industry participants.

Looking forward to the next one.

I was bullish on Gold this morning and gave my analysis based on Market Structure where Hourly and 4 Hourly are bullish bias. Go long, bought some stocks, at 4.07pm, Gold futures spike with Putin comment on chances of Peace. 8.30pm, Gold spike after unemployment claims data. Push up even more when Fed Governor Waller indicate he will support holding rates steady at Sept meeting. Same trades posted on my InvestSg Portfolio :)

$CNMC Goldmine(5TP.SI)