Uob - she may go down to test 36.00. If unable to hold , next, we may see her going down to test 35 and below

 Uob - she may go down to test 36.00. If unable to hold , next, we may see her going down to test 35 and below!

With ME tensions,  stocks market likely remain volatile! Pls dyodd. 

 UOB Group reported an operating profit of S$7.7 billion for the 

financial year ended 31 December 2025 (FY25), driven by strong fee momentum across our 

wholesale banking and retail banking businesses. Net profit for FY25 moderated 23% to S$4.7 billion from the previous year, largely due to the pre-emptive general allowances that the Group 

proactively set aside in the third quarter to strengthen provision coverage amid growing macroeconomic uncertainties.

The Board recommends the payment of a final dividend of 71 cents per ordinary share. Together with the interim dividend of 85 cents per ordinary share, the total dividend for FY25 will be S$1.56per ordinary share, representing a payout ratio of approximately 50%. In recognising the final dividends, the pre-emptive general provision set aside in the third quarter was excluded from the 

final dividend calculation. In addition to the regular dividends, the Group returned surplus capitalto shareholders through a special dividend of 50 cents per ordinary share, which was paid over two tranches during 2025. 

Net interest income for FY25 eased 3% year on year. Although loan growth was healthy at 4%,

margin pressures from lower benchmark rates offset the growth momentum. Net fee income grew 

7% to a record high of S$2.6 billion, driven by a double-digit growth in wealth management and 

loan-related fees. While trading income and liquidity management activities normalised from last 

year’s exceptional level, customer-related treasury income reached a new record high, backed by 

strong hedging and investment demand. 

Asset quality remained resilient with non-performing loan ratio stable at 1.5%. Following the pre-

emptive general provision set aside in the third quarter, credit costs for the fourth quarter improved 

to 19 basis points, as total allowances returned to normalised levels.

Suntec Reit - She has again tested 1.50 level but wasnt able to stay above! Locked in some profit first at 1.51 last Friday

 Suntec Reit - She has again tested 1.50 level but wasnt able to stay above! Locked in some profit first at 1.51 last Friday! 

US indexes has turned into Bearish territory! Local market likely follow! Is never wrong to lock in some profit!

Can try the Noci Bakehouse Castella Milk Sio Pan, very nice and not sweet! Nom nom. Tried the Chestnut Bomb Bread! Is not bad! 

The Bitmap or Bibimbap from Bibim Deli at Suntec B1-172 is also nice to try!

Tested 1.50 many times,  likely to cross over with ease! Pathing the way for 1.60! 

Suntec Reit  - New sponsor for Suntec Reit is being viewed as a positive development as can see the share price is up 8 cents to 1.48. Saw this married deal transacted at 1.70 looks rather bullish!

i think price may breakout 1.50 and rise higher towards 1.60 and above! Pls dyodd. 

  Sold down due to the Iran war. I think price is slowly recovering! She is trading at 1.39 to 1.40 looks rather bullish likely to rise up to test 1.42, 1.45 than 1.50 again! Pls dyodd. 

8th February 2026:

Suntec Reit  - Chart wise,  bullish mode. She may rise up to retest 1.50. A nice breakout smoothly plus good volume we may see her rising up further towards 1.60 and above!

From the chart,  you can notice several attempts to take out 1.50 for many occasions. I think high probability she may clear 1.50 swiftly and rises further! Pls dyodd. 

 22nd January 2026: 

 Some buying activities spotted today, she is up 5 cents to 1.47, looks rather bullish!

Suntec REIT Achieved Stellar 14.6% Year-on-Year Increase in Distributable 

Income. 4th quarter DPU 2.102 cents. Solid! Tomorrow likely gap up! XD 29th January,  paydate 27 February. 

Singapore, 22 January 2026 – Suntec REIT reports strong distributable income of $207.3 million 

for the period from 1 January to 31 December 2025 (“FY 25”), 14.6% higher than the year ended 

31 December 2024 (“FY 24”). Distribution per unit (“DPU”) to un

itholders was 7.035 cents or 

13.6% higher year-on-year. 

The robust year-on-year improvement was driven by the stronger operational performance of

the Singapore Office, Retail and Convention portfolio and lower financing costs. This more 

than offset the weaker performances of the overseas properties, specifically The Minster 

Building in London, and 55 Currie Street in Adelaide.

Suntec City Mall 

A cautious market outlook remains for the retail market on expectation of the impact of the 

upcoming Johor Bahru-Singapore Rapid Transit System and the potential retail spend leakage, 

particularly for malls in the northern part of Singapore1. The REIT will continue in its efforts to 

refresh the mall’s trade mix to drive shopper traffic and sales. The Singapore Retail portfolio is 

well-positioned for growth, supported by higher occupancy, rent and marcoms revenue. 

Committed occupancy is expected to remain high with positive rent reversion expected to be

close to 10%.

Dbs Bank - With US indexes sink into correction territory, local market likely follow. I think Bank may lead the selling down pressure

 Dbs Bank - With US indexes sink into correction territory, local market likely follow. I think Bank may lead the selling down pressure!

She may go down to test 56 than 55 and 54.66 than 53.45. Pls dyodd. 

 The selling started again! She is back to 56.51. Looks rather weak and may go down to test 55 than 53. Pls dyodd. 

Dbs - A first Green candlesticks spotted on the chart yesterday, looks rather interesting! Today , another Gapped up looks she is trying to do a rebound and may rise up to test 58.45!

Beyond 58.45, she may move up to test 58.95-59.00. 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. 

Sembcorp Ind - She is gaining strength, trading at 6.47 to 6.48 likely to rise up to test 6.55 and above

 Sembcorp Ind  - She is gaining strength,  trading at 6.47 to 6.48 likely to rise up to test 6.55 and above!

Next, she may rise up further towards 6.65 and above. FINAL dividend 16 cents.XD 6th May. PAYDATE  15 May.Pls dyodd. 

 23rd March 2026:

Sembcorp Ind  - One of the few counter that is in the green when the whole market is in the red! She may rise up to test 6.40 than 6.55 and above. Pls dyodd. 

She had managed to clear the 6.00 price level swiftly and is now trading at 6.16, looks rather bullish! She may continue to trend higher towards 6.40 and above! Pls dyodd. 

  Sembcorp Ind  - She has bounce-off from 5.67 and closed higher at 5.77, looks like shw may have hit the bottom and rebounded. Yield is about 4.33 percent seem quite decent. XD 6th May 16 cents Final dividend!

Renewal energy and Electricity sector likely remain in demand whether in good time or bad time. Pls dyodd. 

Sembcorp Ind  - The price has fallen from 6.38 to 5.72 looks like biat is back!Yield is about 4+% at 5.72. With oil price rising higher, hopefully this benefit the energy sector. Pls dyodd. 

  Sembcorp Ind  - 2nd Half results is out.  Total Revenue is down 11 percent to 2857m.Net profit is down 7 percent to 448m. Declared final dividend of 16 cents, together with interim dividend of 9 cents a total dividend of 25 cents versus 23 cents last year.

Sembcorp Industries (Sembcorp) delivered resilient performance for the full year of 2025 (FY2025), with underlying Group net profit of

S$1.0 billion, comparable to FY2024. Earnings growth from the Renewables aandOntegrated Urban Solutions segments mitigated lower earnings from the Gas and 

Related Services segment. Reported Group net profit from continuing operations was 

S$984 million, 4% lower year-on-year, as the gain from the divestment of SembEnviro

was offset by the foreign exchange loss on the deferred payment note.

Underlying net profit for the Gas and Related Services segment was S$701 million,

with lower contribution from the UK business and lower generation spreads in 

Singapore. This was offset by higher contribution from Senoko Energy. As of February 

2026, approximately 80% of our contracted portfolio in Singapore1

is locked in for five

years and above, providing earnings visibility. 

Net profit before exceptional items (EI) for the Renewables segment was 5% higher 

at S$192 million in FY2025 on stronger performance from the India renewables 

portfolio. Operational capacity as of end 2025 was 15.0GW, up from 13.1GW as of

end 2024. Since end 2024, Sembcorp has secured 3.6GW of renewables capacity 

across key markets. Including projects under construction, the Group’s gross

renewables capacity is now at 20.4GW.

The Integrated Urban Solutions segment posted net profit before EI of S$178 million, 

3% higher year-on-year. The Urban business continues to build up its portfolio of low-

carbon industrial parks and ready-built industrial space, while we continue to sharpen 

our portfolio focus in the Water business.

CapitaLand Ascendas - PO ratio of 28 share for every 1000 share at 2.35 per share. Do take note

XD/XR today - 31 March likely to see price being corrected for the dividend of 3.75 cents. PO date application from 7 to 15 April, do take note!

Today, the price being pushed up to 2.54, looks like fund is trying to make the prices staying above 2.50. XD tomorrow,  do take note!

 CapitaLand Ascendas  - PO ratio of 28 share for every 1000 share at 2.35 per share. Do take note!

The estimated dates:

PP price was offered at 2.406. 

 LAUNCH OF EQUITY FUND RAISING TO RAISE GROSS PROCEEDS OF 

NO LESS THAN APPROXIMATELY S$900 MILLION.

Between S$2.406 and S$2.450 for each Private Placement Unit

Between S$2.35 and S$2.40 for each Preferential Offering Unit.

To fund the acquisition of 10 properties. 

Advance DPU of 3.75 cents. XD 31 March 2026. 

ANNOUNCEMENT

THE ACQUISITIONS OF 

(A) A 100.0% INTEREST IN AND LEASEBACK OF A LOGISTICS ASSET LOCATED IN 

SINGAPORE, (B) A 50.0% INTEREST IN A BUSINESS SPACE ASSET LOCATED IN 

SINGAPORE AND (C) A 49.0% INTEREST IN A DATA CENTRE ASSET LOCATED IN JAPAN

DPU Accretion

The aggregate pro forma distribution per Unit (“DPU”) accretion of the Prior Acquisitions and 

the Acquisitions is approximately 4.1%, assuming the Prior Acquisitions and the Acquisitions 

were completed on 1 January 2025.

The Potential Acquisitions are expected to be DPU accretive on a pro forma basis.

For illustrative purposes only, the estimated aggregate pro forma DPU accretion of the Prior 

Acquisitions, the Acquisitions and the Potential Acquisitions is between 4.2% and 4.3%, 

assuming the Prior Acquisitions, the Acquisitions and the Potential Acquisitions were 

completed on 1 January 2025.

Gearing will increase slightly from 39% to 39.7% still OK below 40%. Quite a distance from 50%. 

SingTel- Yesterday closed at 4.92, looks like buying opportunities is back

 Yesterday closed at 4.92, looks like buying opportunities is back! Pls dyodd. 

Last Friday closed at 5.21 but was short-lived! May be Big Boys pushing it higher to offload! Now trading at 4.97-4.98. She may go down to test 4.80 and below! 

 She had managed to bounce-off from 100 Days Moving Average at about 4.55 and is now trading at 4.53 ,looks rather interesting! The rebound might be attributed to SingTel being listed as top portfolio counter under the newly UOBAM Ping AN FTSE Asean Dividend index.  

I think price may rise up further towards 4.62. Pls dyodd.

7 Jan 2026:

SingTel  - She is falling down! What Goes Up High Will come Down at a faster speed!

Yearly dividend is about 17 cents.

At 4.43, yield is about 3.83%. The yield seem to be on a low side.

I think can wait for yield to go back to 5% at about 3.40 price level. 

Chart wise, bearish mode!

She may go down to test 4.20 than 4.00 and 3.80.

Pls dyodd.