CapLand Investment (9CI.SI) - I think boat is back. At 2.54, yield is quite decent at 4.724 percent which is much higher than CPF OA and MA. Today, month end window dressing effect likely see a rebound soon

  CapLand Investment (9CI.SI) - I think boat is back. At 2.54, yield is quite decent at 4.724 percent which is much higher than CPF OA and MA. Today, month end window dressing effect likely see a rebound soon. Nibbled small units at 2.58. Pls dyodd. 

CapLand Investment (9CI.SI) - I think gd price is back. At 2.78, yield is about 4.3 percent.  Assets light and earnings is based on management fees, interest loan fees seem sustainable.  With the recent Income 8 assets to let CapitaLand manage their properties,  management fees likely get boosted for Y2026.Yiled is pretty decent 4.3 percent. Pls dyodd. 

 Phillip Securities has a TP of 3.69.

1Q26 revenue of S$487mn (-2% YoY) was slightly below our estimates, forming 21% of our FY26e forecast. Fee-related revenue was the standout performer, rising 10% YoY, driven by strong growth in listed (+14%) and private funds (+58%) management, while REIB revenue declined 14% following the divestment of the Synergy platform

CapitaLand Investment's (SGX:9CI) fee-related revenue rose 10% year over year to SG$310 million during the first quarter of the year, according to a Wednesday filing with the Singapore Exchange.

The increase in fee-related revenue was driven by strong growth in listed funds, including the company's share of SC Capital Partners' fee revenue.

Meanwhile, the private funds segment surged 58% year over year to SG$41 million.

CapLand Investment  - Final dividend of 12 cents,  XD 4th May. Paydate 14 May, awesome! AGM is on 28 April 10AM. Do take note!

  Nibbled small units at 2.77. Looks like a strong support level!Yield is about 4.3%. Pls dyodd 

CapLand Investment  - I think price is back to interesting price level! At 2.84, yield is about 4.22 percent seem not bad!She may rise up to test 2.96 than 3.p2 and above. XD in May 2026 for 12 cents dividend. Pls dyodd 

 The price being corrected sharply to 2.78, looks like boat is back! Yield is about  4.31%, seem not bad! Pls dyodd. 

CapLand Investment  - A bullish green candlesticks appearing on the chart after the recent profit taking situation. The price may rise upbto test 3.09-3.12!

Beyond 3.12, shw may rise up to retest 3.17 and above. 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.”

Innotek - Today, price action is indicating something is brewing. She is up 7 cents to 75 cents , looks rather bullish

 Innotek - Today, price action is indicating something is brewing.  She is up 7 cents to 75 cents , looks rather bullish. She may rise up to test 81 cents  and above. Pls dyodd. 

3rd Nov 2025:

Wah, so fast she has retreated from 93 to close at 76 cents,  looks rather interesting!

Next week, may be can see how she fares! If 76 cents cannot hold, then it may go down to test 70 soon!

3rd Nov 2025:

Nibbled small units at 64 cents, waiting fie the rebound to kick in to bring her back to 70 cents. Pls dyodd. 

3 November 2025:

She has retreated from 78 to trade at 68.5 cents looks rather interesting! She is taking a breather.  

Will she resume this uptrend direction after taking a break! 

3 November 2025:

 Innotek  - Today, some buying activities spotted.The price is up 7 cents to 77 cents !

May be something is brewing!

Likely to rise up to retest 78.5 cents. 

A nice breakout smoothly plus high volume we may likely see her rising up above 80 cents and above!

Recent news,  news of the company clinching projects for Nvidia and Shenzhen-listed IEIT Systems.

Pls dyodd. 

SingTel - I think boat is back. Gd price to accumulate at 4.36, yield is about 4.24 percent better than CPF OA. Pls dyodd

Oversold rebound! She may rise up to 4.50 to cover the Gapped and then rise higher towards 4.63 and above. Pls dyodd.

 SingTel - I think boat is back. Gd price to accumulate at 4.36, yield is about 4.24 percent better than CPF OA. Pls dyodd.

The company show hands! Bought back 6m share . 

 She is being sold down to 4.59, looks rather interesting! She may go down to test the recent low of 4.46. A rebound may likely happen. Pls dyodd. XD 31st July for 10.3 cents dividend. 

 SingTel  - Sold down upon releasing a good sets of financial numbers.  She is down 32 cent to 4.70. She may continue to drift lower towards 4.58 the recent low.

 FOR THE SECOND HALF YEAR ENDED 31 MARCH 2026

 Operating revenue, EBITDA and OpCo EBIT1 rose 2.7%, 1.1% and 4.7% 

respectively, driven mainly by NCS, Digital InfraCo and Optus.

 Associates’ post-tax profit contributions rose 11%. Excluding Intouch2 and 

in constant currency terms3, the associates’ post-tax contributions would 

have risen 26% due to strong performances from Airtel, AIS and Globe.

 Underlying net profit increased 11%.

 A net exceptional gain of S$787 million was recorded, primarily from the 

sale of a partial stake in Airtel.

 Net profit after net exceptional gain amounted to S$2.20 billion.

 Free cash flow was down 16% on lower operating cash, partially offset by 

lower capital expenditure. Excluding a special dividend from Intouch in the 

last corresponding period, free cash flow would have declined 2.4%. 

FOR THE FINANCIAL YEAR ENDED 31 MARCH 2026

 Operating revenue remained stable, while EBITDA and OpCo EBIT1 were 

up 1.5% and 8.9% respectively, driven mainly by NCS and Optus.

 Associates’ post-tax profit contributions increased 10%. Excluding

Intouch2 and in constant currency terms3, the associates’ post-tax 

contributions would have risen 25%, led by Airtel and AIS. 

 Underlying net profit rose 12% to S$2.77 billion. 

 With a higher net exceptional gain, net profit increased 40% to S$5.61

billion. 

 Free cash flow declined 1.5%, mainly due to higher capital expenditure 

partially offset by higher operating cash. Excluding dividends received from 

Intouch in the last corresponding period, free cash flow would have grown 

Aem - It has again being pushed up to 10.50 and sold down to closed lower at 9.73. The volume is quite high suggesting Fund might be offloading. Is good to monitor and see if 7.98 can hold up well

 It has again being pushed up to 10.50 and sold down to closed lower at 9.73. The volume is quite high suggesting Fund might be offloading. Is good to monitor and see if 7.98 can hold up well. Failure which it may reverse this uptrend direction and go lower towards 6.33. 

I think cautious mode. Don't anyhow chase without having any plan in placed. Pls dyodd. 

Quote: AEM's valuation is undeniably elevated. Its current forward price-to-earnings ratio is estimated at 46.1x, a substantial premium to its 10-year historical average of 12.8x.

This steep multiple implies the market is expecting exceptional future earnings growth, leaving minimal margin for error in the company's execution.

It raises the possibility that the stock's rally has exceeded the pace of fundamental improvement.

 Aem - Yesterday,  it had fallen below the Gapped at 8.35 and managed to bounce-off from the low of 7.98 and closed at 8.80, looks like some buying activities spotted. Pls.The volume is not that high, that see how it fares today. I think fund has locked in profit when she was being pushed up to a high of 10.68. The pushing seem too overstretched. Pls dyodd. 

  AEM - The Gapped up this morning plus continue to push it higher and closed all time high at 9.91, looks rather extremely over stretched. Likely to pullback!

Pls dyodd. 

How deep is the pullback,  nobody knows!

AEM Reports Strong 1Q FY2026 Results Driven by AI/ HPC 

Production Ramp, Revises Revenue Guidance Upwards

• 1Q2026 revenue increased 35.8% year-on-year to S$116.9 million

• Profit before tax rose to S$17.8 million, with PBT margin expanding to 15.2%

• Test Cell Solutions revenue grew 72.0% year-on-year, driven by AI/HPC production 

deployments

• FY2026 revenue guidance raised by approximately 20% to S$550 million to S$600 

million

• Continued momentum from fabless AI/HPC customer and improving demand from 

PC/Foundry customer.

Looks like finally can see their businesses turning around.  Net profit increased 329.4% to 14+m vs 3.3m last year.

The Company is back to net cash position of 56.5m.

Tomorrow will the price Gapped up and rises higher to test 9.00.

AEM - Chart wise   bullish mode.  She is gaining strength likely to rise up to test 8.00 and above.

Beyond 8.00, she may rise further higher towards 8.36 the recent high!

A nice breakout smoothly at 8.36, she may continue to trend higher towards 9.00 and above. Pls dyodd.

Boustead - 2nd Half results is out.Net profit for the Group was 145% higher year-on-year at S$232.6 million, mainly due to the sale of the Group’s assets to UI Boustead REIT, as well as material improvement. Special dividend of 4.5 cents pkus final dividend of 4 cents. XD 7 August

Special dividend of 4.5 cents pkus final dividend of 4 cents. XD 7 August 

2026 Highlights:

• Net profit for the Group was 145% higher year-on-year at S$232.6 million, mainly due to the 

sale of the Group’s assets to UI Boustead REIT, as well as material improvement in share of 

loss of associates and joint ventures (upon reversal of a S$7.0 million liability related to a fee 

imposed by a landowner). For a comparative review, after adjusting for other gains/losses and 

impairments, all net of non-controlling interests, net profit for FY2026 would have been 35%

lower year-on-year.

• Overall revenue was 18% higher year-on-year at S$624.4 million, mainly due to significantly 

higher revenue from the Real Estate Solutions Division and higher revenue from the Energy 

Engineering Division.

• The Group’s engineering order backlog is currently approximately S$840 million (unrecognised 

project revenue remaining at the end of FY2026 plus the total value of new orders secured 

since then), of which S$94 million is under the Energy Engineering Division and S$746 million

is under the Real Estate Solutions Division.

Venture - She is gaining momentum likely to rise up to test 18.75. A nice breakout with ease we may likely seeing her rising up further towards 19.00 and above

 Venture  - She is gaining momentum likely to rise up to test 18.75. A nice breakout with ease we may likely seeing her rising up further towards 19.00 and above.

Beyond  19.00, she may rise up to test 19.40 than 20.00 with extension to 21.00. Pls dyodd. 

 Yesterday Gapped up! Closed well at 18.28, up 1.80 within a day, seem overstretched! Is good to take a pause and let the market digest this gains! Pls dyodd. 

Venture  - 1st quarter results update is out. Gross revenue is up 1.9 percent to 628.5m,Net profit of 56.3m. EPS 19.5 cents increased 0.9 percent.  I think results is improving. 

Outlook

In spite of US tariffs, distractions of geopolitical conflicts, USD weakness, sanctions and other impediments, the

Venture Group achieved a turnaround in our 1Q 2026 financial performance, albeit with only a small year-on-year

revenue increase, but one that is of significant importance. This is like new shoots sprouting in early spring.

We expect these new shoots to grow in 2026. With existing customers and partners in our selected tech domains

we are growing market share in the hardware space. Our strong R&D Labs are gaining traction in Hyperscale Data

Centres and Life Science domains with new programs, products and systems. Venture’s R&D work in the

Consumer Lifestyle sector has advanced to collaborative technology development. This advancement will place

Venture’s R&D Labs in a good position for future opportunities beyond product/system design and development.

Venture continues to invest in Operational Excellence and forge new levels of more comprehensive strategic

collaborative partnerships in an emerging multipolar world.

In keeping with Venture’s core values, our employees collectively aspire to serve and delight our customers with

our Operational Excellence, from Business Development to Technology and Products/Systems Development, as

well as excellence in Design Services, Manufacturing and Supply Chain Management, together with our

supporting functional teams.

We continue to develop broader, deeper and more strategic partnerships and business collaborations with all our

key customers and business partners.

SingTel - She is being sold down to 4.59, looks rather interesting

 She is being sold down to 4.59, looks rather interesting! She may go down to test the recent low of 4.46. A rebound may likely happen. Pls dyodd. XD 31st July for 10.3 cents dividend. 

 SingTel  - Sold down upon releasing a good sets of financial numbers.  She is down 32 cent to 4.70. She may continue to drift lower towards 4.58 the recent low.

 FOR THE SECOND HALF YEAR ENDED 31 MARCH 2026

 Operating revenue, EBITDA and OpCo EBIT1 rose 2.7%, 1.1% and 4.7% 

respectively, driven mainly by NCS, Digital InfraCo and Optus.

 Associates’ post-tax profit contributions rose 11%. Excluding Intouch2 and 

in constant currency terms3, the associates’ post-tax contributions would 

have risen 26% due to strong performances from Airtel, AIS and Globe.

 Underlying net profit increased 11%.

 A net exceptional gain of S$787 million was recorded, primarily from the 

sale of a partial stake in Airtel.

 Net profit after net exceptional gain amounted to S$2.20 billion.

 Free cash flow was down 16% on lower operating cash, partially offset by 

lower capital expenditure. Excluding a special dividend from Intouch in the 

last corresponding period, free cash flow would have declined 2.4%. 

FOR THE FINANCIAL YEAR ENDED 31 MARCH 2026

 Operating revenue remained stable, while EBITDA and OpCo EBIT1 were 

up 1.5% and 8.9% respectively, driven mainly by NCS and Optus.

 Associates’ post-tax profit contributions increased 10%. Excluding

Intouch2 and in constant currency terms3, the associates’ post-tax 

contributions would have risen 25%, led by Airtel and AIS. 

 Underlying net profit rose 12% to S$2.77 billion. 

 With a higher net exceptional gain, net profit increased 40% to S$5.61

billion. 

 Free cash flow declined 1.5%, mainly due to higher capital expenditure 

partially offset by higher operating cash. Excluding dividends received from 

Intouch in the last corresponding period, free cash flow would have grown 

Sembcorp Ind - After XD on 6th May the price started correcting from 6.69 to touch the low of 6.07 and slowly recover to 6.21. She is still not out of the wood yet

 Sembcorp Ind  - After XD on 6th May the price started correcting from 6.69 to touch the low of 6.07 and slowly recover to 6.21. She is still not out of the wood yet.

I have planted small units at 6.16 about 4% yield and see how it progress.  If the price goes lower then may be can add some along the way. Pls dyodd. 

Sembcorp Ind - Chart wise,  bearish mode. She may go down to test 5.98 than 5.60.

At 5.60, yield is about 4.45%. Pls dyodd. 

  Sembcorp Ind  - After XD, price continues to trend lower,  likely to go down to test 6.00 and below.

Next, she may go down to test 5.87 than 5.80.Pls dyodd. 

 Sembcorp Ind  - Chart wise,  looks like the simple moving average indicator has started to turning down, doesnt look good!

She may go down to test 6.32. If unable to hold , she may go further downward to test 6.00 and below.

XD 6th May 16 cents dividend.  Do take note! Pls dyodd.