Uob Bank -

 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.

Sembcorp Ind - Indeed, she has risen up to reclaim 6.25 and is now trading at 6.32, looks rather positive.She may rise up further towards 6.40 and above

 Sembcorp Ind  - Indeed, she has risen up to reclaim 6.25 and is now trading at 6.32, looks rather positive.She may rise up further towards 6.40 and above!

Beyond 6.40, she may rise up to test 6.52 than 6.65 and above. Pls dyodd. 

 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. 

Vicom - Group Revenue increased by 40.1% to $167.4 million. • Group operating profit increased by 49.7% to $51.8 million.

 Group Revenue increased by 40.1% to $167.4 million. 

• Group operating profit increased by 49.7% to $51.8 million. 

• Net profit attributable to Shareholders increased by 45.1% to $42.5 million.

• A final dividend of 5.30 cents per share has been recommended.

The Group delivered a solid performance for the year ended 31 December 2025, 

driven primarily by strong contribution from OBU installations.

Group revenue rose by $47.9 million or 40.1% to $167.4 million and operating profit 

saw a growth of $17.2 million or 49.7%, reaching $51.8 million for the year ended 31 December 2025.

After factoring interest income less finance costs and taxation, the net profit 

attributable to shareholders increased by $13.2 million or 45.1% to $42.5 million.

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

 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. 

ComfortDelGro - She is gaining strength and trending up nicely, likely to test 1.54 than 1.60 and above

ComfortDelGro subsidiary company-Vicom posted good sets of financial numbers for FY 2025 with Net profit is up 45.1% to 42.5m. Final dividend increased from 3 cents to 5.3 cents, solid! As ComfortDelGro own about 60+% of Vicom share , results likely will see an increase in total revenue, net profit as well as increase in dividend payout.  She may likely rise up next week to test 1.60 and above!

ComfortDelGro  - She is gaining strength and trending up nicely,  likely to test 1.54 than 1.60 and above!

Dont hesitate and keep procrastinating and missed the boat! 

Beyond 1.60, she may test 1.64 than 1.80! Pls dyodd.

 ComfortDelGro  - She is slowly climbing higher, looks rather positive! She may test 1.50 soon! Beyond, 1.50, she may rise up further towards 1.55 than 1.60. Pls dyodd.

 

7 December 2025:

 ComfortDelGro  - She is back to interesting price level,  yield is about 5.8 percent, is quite nice yield level!

Interim dividend 3.91 cents. Estimating Final dividend of 4.5-4.8 cents. 

I think boat is back! Their overseas ventures is bearing fruits! 

I think They are taking advantage of the green loans and earn some interest on their existing cash by placing on FD or short term money instruments! 

FY results will be out in Feb 2026!

Net cash position. Not a call to buy or sell!

Pls dyodd. 

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.”