𝐄𝐯𝐞𝐫 𝐛𝐨𝐮𝐠𝐡𝐭 𝐚 𝐬𝐭𝐨𝐜𝐤… 𝐚𝐧𝐝 𝐢𝐭 𝐬𝐭𝐚𝐫𝐭𝐬 𝐟𝐚𝐥𝐥𝐢𝐧𝐠 𝐚𝐥𝐦𝐨𝐬𝐭 𝐢𝐦𝐦𝐞𝐝𝐢𝐚𝐭𝐞𝐥𝐲 𝐚𝐟𝐭𝐞𝐫? 😩📉
It may not be bad luck.

Very often, the real problem is timing.
In my latest video, I break down 4 common reasons traders keep buying at the wrong time — and what I look for before entering instead.

📹 Watch here: https://youtu.be/W8WnwadtYiw

$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?

$HongkongLand USD(H78.SI) has climbed back toward the 8.60 resistance zone. After the earlier rebound from the 7.00 support area, the stock has continued to form higher support levels, showing that buyers are still active on pullbacks.

The 20d moving average has turned up again, while the 100d and 200d moving averages are also starting to support the recovery. The recent 1GT Bullish signal remains in play, with no 1GT Bearish signal yet.

If price can stay above 8.60, this level could potentially turn into a new support, with the next upside target drawn toward 9.00. Could Hongkong Land be setting up for a move toward 9.00?

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

$Addvalue Tech(A31.SI) share price plunged around 12% today, with what appeared to be panic selling after the market focused on the word “dilution”.

I read today’s Business Times article, “Addvalue shareholders approve spinoff of unit, share dilution for Nasdaq listing.”

The words “share dilution” may sound scary, but I think retail investors need to understand what is actually being diluted.

Your Addvalue shares are not being diluted by 30%.

It is Addvalue’s ownership of the IDRS business that could reduce. After the proposed Nasdaq listing, Addvalue expects to still own at least 70% of the IDRS business.

Think of it this way:

Would you rather own 100% of a S$100 cake, or 70% of a S$300 cake?

That is the real question.

By listing the IDRS business separately on Nasdaq, it can potentially raise its own money, grow faster and attract more US investors.

So yes, Addvalue may own a smaller percentage of IDRS.

But if the Nasdaq listing helps make the IDRS business much more valuable,

Addvalue’s 70% could potentially be worth more than its current 100%.

That’s why I don’t think investors should simply see the word “dilution” and assume it is automatically bad.

The real question is whether the Nasdaq listing can make the IDRS cake much bigger.

🌟 My Trade Action

I will buy on dips at any price below S$0.16 next week. The lower the better.

⚠️ Risk Management

I will exit if the price closes below S$0.145.

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.

Normally, a large placement and close to 10% dilution should put pressure on the share price.

$Frencken(E28.SI) initially fell after announcing its placement, but subsequently recovered strongly.

Why? The market appears to see the S$100m raised as growth capital, not rescue capital.

🔹 S$100m to Fund Growth

Frencken issued 44.08m new shares at S$2.2687, raising around S$100m. The new shares represent about 9.3% of the enlarged share base.

Around 90% of the net proceeds, or S$87.4m, is intended for expansion, acquisitions, JVs and strategic investments.

Simply put, Frencken is raising money to grow.

🔹 Institutions Put S$100m Behind It

The placement was fully subscribed, with institutional investors including JPMorgan Asset Management, Lion Global Investors, UOB Asset Management and others.

Despite the dilution, Frencken successfully attracted significant institutional capital to fund its next growth phase.

🔹 The Market Is Looking Towards FY27

The earnings trend improved in 2Q26, with net profit rising 12% YoY and 41% QoQ to S$11.3m.

Frencken is also an indirect beneficiary of the AI and semiconductor investment cycle.

Maybank expects new DUV and EUV programmes could potentially contribute another S$50m–S$100m in revenue, particularly in 2027.

🔹 Can Growth Outrun the Dilution?

This is the key.

Maybank has already factored the dilution into its valuation, lowering its target price from S$3.70 to S$3.32, but still maintained BUY.

It forecasts core net profit rising from S$39m in FY25 to S$63m in FY27 and S$75m in FY28.

So while shareholders face around 9% dilution, earnings could potentially grow much faster than the share count.

For me, the question now is simple:

Can Frencken turn this S$100m into earnings growth greater than the dilution?

If it can, the placement could become fuel for Frencken’s next growth cycle.

Analysts’ Target Price — After the Dilution

🎯 Jefferies: S$3.15

🎯 Maybank: S$3.32

📊 My Technical View

Frencken has been correcting since hitting a high of S$3.54 on 22 June. The large placement pushed the price down further to around S$2.25, close to the S$2.2687 placement price.

The stock then found support around its 200EMA and refused to fall further. Last Friday, the share price surged on strong volume, followed by a BUY signal from my General X system on Monday.

If Frencken can close above S$2.72 in the near term, I expect the uptrend to continue.

My Technical Targets

🎯 S$3.04
🎯 S$3.26

🌟 My Trade Plan

I will buy on dips below S$2.60 and add more if the price closes above S$2.72.

⚠️ Risk Management

I will exit if the price closes below S$2.35.

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.

US tech stocks are rallying again, with the Nasdaq hitting new highs as AI and semiconductor stocks continue to lead the market.

Instead of chasing stocks that have already run up strongly, I am also looking at local AI related counters that have pulled back significantly.

One that caught my attention is $ISDN(I07.SI)

🔹 AI and Automation Growth Is Already Showing

ISDN is not a pure AI company. It benefits from the AI boom as semiconductor and advanced electronics manufacturers invest more in automation, robotics and precision manufacturing.

Its 1H26 numbers were strong:

Revenue: S$253.6m, +19.1% YoY
Industrial Automation revenue: S$238.0m, +31.9% YoY
Net profit: S$10.4m, +707% YoY

More importantly, its Industrial Automation order book doubled, suggesting the stronger demand is already translating into actual orders.

🔹 Southeast Asia Is Growing Fast

The growth is not coming only from China.

In 1H26, Industrial Automation revenue from China grew 26.3%, while Southeast Asia jumped 53.0%.

This gives ISDN exposure to the continued expansion of manufacturing and automation across Asia.

🔹 Hydropower Adds a Second Growth Engine

Besides automation, ISDN also owns mini hydropower plants in Indonesia.

Three plants are already operating, while another two are expected to be completed in 2026. Once completed, total installed capacity is expected to reach 44.6MW.

The full hydropower portfolio is expected to generate around S$14m in recurring annual net cash income, giving ISDN another source of recurring cash flow alongside its automation business.

🔹 Why I Think It Is Worth Watching Now

The fundamentals have improved, but the share price has pulled back significantly from its August high.

That could create a potential bottom fishing opportunity, especially if the technical setup confirms a rebound.

Analysts’ Target Price

🎯 CGS International: S$1.05
🎯SAC Capital: S$1.03

📊 My Technical View

ISDN has been correcting since hitting a high of S$0.805 in August and appears to have found support around S$0.57, near its 200EMA.

The price has been consolidating for the past five days. If it can break above S$0.60 with strong volume in the coming days, I see a potential opportunity to enter and ride the rebound.

My Technical Targets

🎯 S$0.665
🎯S$0.735
🎯S$0.805

🌟 My Trade Action

I initiated a BUY position at S$0.585 today. I will add more if the price breaks above S$0.60.

⚠️ Risk Management

I will exit if the price breaks below S$0.57.

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 trading opportunities through my WhatsApp Community Announcement Group (one way only, no spam).

👉 To join, simply WhatsApp “SG” to:
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)