CapLand Investment -

 The price rebounded strongly from 2.90 to touch 3.15 and eventually closed at 3.12. The volume seem to be low! We will know next week whether the uptrend direction continue or the Big Boys starting to offload! Is good to monitor! Pls dyodd. 

Is a great relief! Price rebounded from 2.90 to close at 3.09! Hopefully,  it can stay at this level before XD! Is never wrong to lock in some profit! Pls dyodd. 

Today, went for lunch at this place call Embun seafood restaurant! Somewhere near the Seletar Airport.  The food is quite nice! Is a quiet place tugging away surrounded by many trees and greenery! 

Had giant crab, satays, Fish, prawns, sotong,  veggies and dessert. 

(CLI) recorded stronger Operating PATMI of S$539 million for the Financial Year (FY) 2025, 

up 6% year-on-year (YoY) from S$510 million in FY 2024. At the same time, CLI continued to 

scale its platform, with FUM growing 7% to S$125 billion1 as at end-2025, supported by 

positive fundraising momentum as total equity raised almost doubled to S$6.5 billion.

The improved Operating PATMI of S$539 million in FY 2025 was driven by higher contributions

from the listed funds business, lower interest costs and reduced operating expenses. These 

were partially offset by growth-related expenses to scale the private funds and lodging 

management business, as well as lower contributions following asset divestments. 

Total PATMI for FY 2025 was S$145 million compared to S$479 million in FY 2024, mainly 

due to lower portfolio gains and higher revaluation losses on the Group’s China portfolio.

CLI declared a final dividend of 12 cents, unchanged y-o-y, reflecting a payout ratio of more than 100%.

reflecting continued market softness. Meanwhile, total revenue was stable3 at S$2,133 million

for FY 2025, with higher fee-related revenue earnings, offset by lower contributions from the 

real estate investment business (REIB) post-divestments.

Through disciplined and focused execution, CLI grew FUM to S$125 billion1 as at end-2025, 

up from S$117 billion a year earlier. FUM growth was driven by strong capital raising momentum,

supported by larger follow-on funds launched during the year, as well as positive organic and 

inorganic growth, including CLI’s strategic investments in Wingate and SC Capital Partners. 

Miguel Ko, Chairman of CLI, said: “Amid a challenging and uncertain macroeconomic 

backdrop in 2025, we made steady progress, reinforcing and scaling our platform for long-

term growth. Our strategic investments in Wingate and SC Capital Partners have deepened 

capabilities and broadened institutional reach for CLI. We will continue to build on this 

momentum and focus on long-term value creation, anchored by strategic partnerships and 

disciplined capital allocation.”

Venture - She may rise up to test 16.85 again. A nice breakout smoothly plus high volume we may see her rising up further towards 17 and above

 Venture  - She may rise up to test 16.85 again. A nice breakout smoothly plus high volume we may see her risi

ng up further towards 17 and above!

Once the Gapped at about 17 has been covered,  she may rise up to test 18 and 18.70.

FY results will be out on 26 February 2026. Dividend of 50 cents is coming! Anything more may boost the share price higher 

Pls dyodd. 

Dbs bank - Sold down after the released of FY results!It looks like she may go down to cover the Gapped

  Dbs bank - Sold down after the released of FY results!It looks like she may go down to cover the Gapped!

At 57, yield is about 5.68%, seem quite gd!

I think many may wait for the price to stabilize or perhaps 6% yield at 54. Pls dyodd. 

FY pre-tax profit at new high of $13.1b, ROE at 16.2% and ROTE at 17.8%

 Total income up 3% to record $22.9b despite rate headwinds

o Group NII modestly higher from record deposit growth and proactive balance sheet hedging

o Fee income and treasury customer sales reach new highs

o Markets trading income highest since 2021

4Q pre-tax profit declines 6% YoY to $2.80b

 Total income down 3% to $5.33b, stronger fees and treasury customer sales offset by rate headwinds and 

absence of non-recurring gains a year ago

Balance sheet remains healthy

 Asset quality remains sound. Notwithstanding prudent downgrade of a previously watchlisted real estate 

exposure, NPL ratio stable at 1.0%

 4Q SP partially offset by GP release; FY SP at 19bp

 Allowance coverage at 130% and 197% after considering collateral

 Transitional CET1 ratio at 17.0%, fully phased-in at 15.0%

4Q total dividend at 81¢ per share – ordinary dividend raised 6¢ to 66¢, Capital Return dividend at 15¢. XD 8 April. Paydate 17 April 2026.

Capital Return dividend to be maintained for FY26 and FY27 barring unforeseen circumstan.

4th quarter before tax declined 20% qoq to 2798m.And yoy 4th quarter before tax declined 6% .

The Board declared Final dividend of 66 cents, bringing the total dividend to 3.06.

I think results is showing declining Revenue for 4th quarters.  Going forward,  we may see lower revenue and net profit.  Pls dyodd. 

Ifast - 4th quarter results is out.In 4Q2025, total revenue for the Group grew 45.7% YoY to S$151.74 million and net profit for the Group grew 70.4% YoY to S$32.86 million. • For the Group’s core wealth management platform business, Group AUA increased 27.9% YoY to new record high of S$31.98 billion

 It looks like a typical scenario of selling on good results! The opening price was 9.98 but wasn't able to hold and eventually succumbed to selling down and close 39 cents lowered at 9.39.

In the process,  it has broken down the 100 days Moving Average of which doesn't look good! I think ahe may continue to go down to test the 200 days Moving Average at about 8.30 or lower. Pls dyodd. 

In FY2025, the Group achieved a number of major milestones as the Group total revenue crossed 

S$500 million (34.4% YoY increase to S$514.72 million) and Group net profit hit S$100.01 million (50.1% 

YoY increase). In 4Q2025, total revenue for the Group grew 45.7% YoY to S$151.74 million and net 

profit for the Group grew 70.4% YoY to S$32.86 million.

Dividend of 2.5 cents is 56% higher than last year 1.6 cents. 

• For the Group’s core wealth management platform business, Group AUA increased 27.9% YoY to 

new record high of S$31.98 billion. Growth was seen in all the various markets that the Group is in, 

with Singapore continuing to be the main contributor. Group net inflows was a record S$4.72 billion in FY2025.

• iFAST Global Bank achieved its first full year of profitability in FY2025, and the Group expects it to 

build on this milestone with continued strong growth in 2026 and beyond.

• The Group reaffirmed its S$100 billion AUA target, underpinned by its “Truly Global Business 

Model”, and leveraging iFAST’s presence in Singapore, London and Hong Kong, three of the world’s 

leading financial centres. FSMOne Singapore and Hong Kong will be repositioned as FSM Global,

reflecting our long-term growth strategy.

• The Group’s return-on-equity (ROE) in 2025 was a robust 28.3%. A healthy ROE allows the Group to 

be able to pursue robust long-term growth strategies while being able to raise dividend payouts. 

• The Board of Directors is proposing a dividend of 2.50 cents per ordinary share (56.3% YoY increase) 

for the fourth and final dividend for FY2025. With that, total dividends for FY2025 amounted to 8.40 

cents per ordinary share (42.4% YoY increase from FY2024).

Sembcorp Ind - Nice breakout yesterday at 6.18 and closed well at 6.25 likely to continue to trend higher

 Sembcorp Ind  - Nice breakout yesterday at 6.18 and closed well at 6.25 likely to continue to trend higher!

She may rise up to test 6.50 to 6.55. 

 Chart wise,  she is still stuck in a consolidation mode price patterns! It will need a nice breakout of 6.18-6.20 in order to rise up further towards 6.30 than 6.40 and 6.50-6.65. Pls dyodd. 

3rd February 2026:

 Sembcorp Ind  - She may rise up to retest 6.18 again ! Beyond that, she may rise further higher towards 6.40 and above. 

Good news:

This morning price Gapped up and is now trading at 6.06 this is rather positive, likely to see further upwards movement towards 6.20 thab 6.30 and above. 

 Under the PPA, Sembcorp has been supplying up to 450MW of power to Micron’s 

Singapore production facilities. The latest agreement will include an additional 150MW 

of power to support Micron’s growing operations. The added capacity does not change 

the PPA’s original 18-year term, which continues through 2041.

16th Jan 2026:

Sembcorp Ind  - She is slowing rising up after touching the low of 5.80. Now trading at 6.04 looks rather interesting !

she may rise up to test 6.13 than 6.20 - 6.29. Pls dyodd. 

Sembcorp Ind  - She is slowing rising up after touching the low of 5.80. Now trading at 6.04 looks rather interesting!

Sembcorp Ind  - nibbled small units at 5.86 after seeing her being sold down after the acquisition of Alinta Energy in Australia for A6.5b, funded by internal fund plus borrowing! Looks like a great deal! It helps to boost earnings accretive and lifted the ROE to 22.5%, awesome!

Went to Nex for dinner plus bought nice and juicy Japanese strawberries! Nom Nom.

Pls dyodd.

  Sembcorp Ind  - It looks like the price has driven to oversold territory!

At 5.99, yield is quite decent at about 4.34%. Annual dividend is 26 cents.

Last Friday,  she had managed to bounce-off from the low of 5.95 and closed slightly higher at 5.99 looks rather interesting!

She may rise up to test 6.17 and above. 

Not a call to buy or sell!

Pls dyodd. 

CapLand Investment- PATMI for FY 2025 was S$145 million compared to S$479 million in FY 2024, mainly due to lower portfolio gains and higher revaluation losses on the Group’s China portfolio

Is a great relief! Price rebounded from 2.90 to close at 3.09! Hopefully,  it can stay at this level before XD! Is never wrong to lock in some profit! Pls dyodd. 

Today, went for lunch at this place call Embun seafood restaurant! Somewhere near the Seletar Airport.  The food is quite nice! Is a quiet place tugging away surrounded by many trees and greenery! 

Had giant crab, satays, Fish, prawns, sotong,  veggies and dessert. 

(CLI) recorded stronger Operating PATMI of S$539 million for the Financial Year (FY) 2025, 

up 6% year-on-year (YoY) from S$510 million in FY 2024. At the same time, CLI continued to 

scale its platform, with FUM growing 7% to S$125 billion1 as at end-2025, supported by 

positive fundraising momentum as total equity raised almost doubled to S$6.5 billion.

The improved Operating PATMI of S$539 million in FY 2025 was driven by higher contributions

from the listed funds business, lower interest costs and reduced operating expenses. These 

were partially offset by growth-related expenses to scale the private funds and lodging 

management business, as well as lower contributions following asset divestments. 

Total PATMI for FY 2025 was S$145 million compared to S$479 million in FY 2024, mainly 

due to lower portfolio gains and higher revaluation losses on the Group’s China portfolio.

CLI declared a final dividend of 12 cents, unchanged y-o-y, reflecting a payout ratio of more than 100%.

reflecting continued market softness. Meanwhile, total revenue was stable3 at S$2,133 million

for FY 2025, with higher fee-related revenue earnings, offset by lower contributions from the 

real estate investment business (REIB) post-divestments.

Through disciplined and focused execution, CLI grew FUM to S$125 billion1 as at end-2025, 

up from S$117 billion a year earlier. FUM growth was driven by strong capital raising momentum,

supported by larger follow-on funds launched during the year, as well as positive organic and 

inorganic growth, including CLI’s strategic investments in Wingate and SC Capital Partners. 

Miguel Ko, Chairman of CLI, said: “Amid a challenging and uncertain macroeconomic 

backdrop in 2025, we made steady progress, reinforcing and scaling our platform for long-

term growth. Our strategic investments in Wingate and SC Capital Partners have deepened 

capabilities and broadened institutional reach for CLI. We will continue to build on this 

momentum and focus on long-term value creation, anchored by strategic partnerships and 

disciplined capital allocation.”