Specialises in Inter-market Analysis. Invest in bonds, dividend yielding stocks and reits. Trades in forex, stocks, futures, gold and oil.
In this video, I walk you through the basics of Gold ETFs listed in Singapore, compare the two available options, and highlight key differences like costs, currency, vault location, and CPF/SRS eligibility. I also share a simple look at gold's recent price movement using moving averages.
Watch here: https://youtu.be/6bBMOFtc8GY
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$CityDev(C09.SI) is one of Singapore's largest real estate companies, with a diversified portfolio spanning residential, commercial, hospitality, and integrated developments across Singapore and globally.
Weekly Chart: The SGD 8.00 zone is a significant long-term level on the chart — it acted as resistance for several years from 2020 through to 2025, with price repeatedly failing to sustain above it during that period. Price eventually broke above this level in late 2025 and rallied to a high of approximately SGD 9.80.
Price has since pulled back and retested the SGD 8.00 zone twice, with both tests showing bullish price reactions on the weekly close — suggesting this former resistance is now being respected as support.
MACD: On the MACD, the histogram is currently lower than the previous histogram reading, yet price is now higher. This forms a hidden divergence — where the indicator makes a lower reading while price makes a higher low.
Hidden divergence is generally observed as a trend continuation signal, suggesting the prevailing trend may still be intact.
Price is currently at SGD 8.58, holding above the SGD 8.00 support zone.
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In this video, I cover the current market conditions on the STI and HSI, and why hedging is an important concept to understand during uncertain times. I also give a general overview of how hedging works and the types of instruments that can be used to help protect a portfolio.
Watch here: https://youtu.be/JUdze6D6Gig
How to Hedge SGX Stocks and Indices Using DLCs & WarrantsIn this video, I cover the current market conditions on the STI and HSI, and why hedging is an important… YOUTU.BE |
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𝐙𝐚𝐨𝐛𝐚𝐨: 𝐒𝐩𝐚𝐜𝐞𝐗’𝐬 𝐄𝐩𝐢𝐜 𝐈𝐏𝐎, 𝐅𝐨𝐮𝐫 𝐌𝐢𝐬𝐜𝐨𝐧𝐜𝐞𝐩𝐭𝐢𝐨𝐧𝐬 𝐑𝐞𝐭𝐚𝐢𝐥 𝐈𝐧𝐯𝐞𝐬𝐭𝐨𝐫𝐬 𝐌𝐮𝐬𝐭 𝐔𝐧𝐝𝐞𝐫𝐬𝐭𝐚𝐧𝐝
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A potential SpaceX IPO has captured the imagination of investors around the world.
And understandably so.
A globally recognised brand. A visionary founder. And arguably one of the most anticipated IPO candidates in recent memory.
And, when news of a potential blockbuster IPO emerges, the first question many investors ask is:
"How can I get in?"
Well, perhaps an equally important question is:
"What else should I be looking at?"
When evaluating an overseas IPO, most investors naturally focus on the company itself, its business model, growth prospects, management team, and financial performance.
Those things matter.
And rightly so.
Because investors may also want to pay attention to the bigger picture, including the industry outlook, the country in which the company operates, market sentiment, interest rate conditions, the broader economic environment, and even geopolitical developments.
After all, an IPO does not enter the market in isolation. It enters a market environment.
That is why I believe evaluating an overseas IPO requires both a company perspective and a market perspective.
The company tells us what we are investing in.
The broader environment helps us understand the conditions under which we are investing.
As overseas IPOs continue to attract growing interest among Singapore investors, having a broader framework can help us make more informed decisions beyond the headlines and hype.
Many thanks to Zaobao Business Reporter, Ulrica Lin (财经新闻记者 林娉莹), for putting together a thoughtful and timely piece on overseas IPO investing. I particularly appreciated how the article brought together different perspectives and highlighted some of the key considerations investors may wish to keep in mind when evaluating opportunities beyond Singapore's shores.
Because in investing, buying the right company matters.
But buying the right company at the right time matters too.
If you think Dan can value add to your investment journey, connect with him here: https://tinyurl.com/TTP-dan...
Disclaimers: https://tinyurl.com/dan-disclaimer...
#Zaobao #SpaceXIPO #OverseasIPO #Considerations #danccs
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理财锦囊：𝐒𝐩𝐚𝐜𝐞𝐗史诗级𝐈𝐏𝐎 散户须搞懂四误区
潜在的 SpaceX IPO，已经点燃了全球投资者的想象空间。
这其实一点也不令人意外。
一个全球知名品牌。
一位富有远见的创始人。
更可能是近年来最受市场期待的 IPO 候选公司之一。
而当这种“史诗级 IPO”的消息传出时，许多投资者脑海中浮现的第一个问题往往是：
“我该怎么参与？”
不过，或许还有一个同样重要的问题值得思考：
“除了公司本身，我还应该关注什么？”
在评估海外 IPO 时，大多数投资者自然会把焦点放在公司本身，例如商业模式、成长前景、管理团队以及财务表现。
这些因素当然重要。
而且本来就应该受到重视。
但与此同时，投资者也不妨把视野放得更广一些，例如行业前景、公司所在国家的环境、市场情绪、利率走势、整体经济情况，甚至地缘政治发展等因素。
毕竟，IPO 并不是在真空环境中上市的。
它进入的是一个真实存在、并且不断变化的市场环境。
这也是为什么我认为，评估海外 IPO 时，需要同时从“公司角度”和“市场角度”来思考。
公司告诉我们：
“我们投资的是什么。”
而大环境则帮助我们理解：
“我们是在什么样的条件下进行投资。”
随着越来越多新加坡投资者开始关注海外 IPO，拥有更全面的分析框架，或许能帮助我们在市场热点与媒体头条之外，做出更理性的投资判断。
感谢《联合早报》财经新闻记者林娉莹（Ulrica Lin）撰写这篇及时且具启发性的报道。我特别欣赏文章汇集了不同市场人士的观点，并点出了投资者在评估海外 IPO 机会时值得关注的几个重要因素。
因为在投资里，买对公司很重要。
但在对的时间买对公司，同样重要。
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𝐌𝐚𝐫𝐤𝐞t 𝐔𝐩𝐝𝐚𝐭𝐞 *2/6/26*
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STI: 5037 (+48) | HSI: 25398 (+215) | Dow: 51078 (+46) | S&P: 7600 (+20) | Nasdaq: 27086 (+114)
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*US Markets Overnight*
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*From Hormuz to Huang, Investors Chose Huang*
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Wall Street kicked off the new month in record-breaking fashion, with the S&P 500, Nasdaq and Dow all closing at fresh highs. Tech once again did the heavy lifting, led by *Nvidia*, which jumped more than 6% after CEO Jensen Huang unveiled its new RTX Spark superchip at Computex. The announcement sparked a rally across partners Microsoft, Dell and HP, while *Arm Holdings* surged 16% on its collaboration with Nvidia. Interestingly, traditional PC chip players Qualcomm, Intel and AMD found themselves on the wrong side of the trade as investors bet Nvidia is increasingly expanding its footprint across the computing ecosystem.
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What stood out was the market’s ability to shrug off a *sharp spike in oil prices*. Crude surged after Iran threatened to close the Strait of Hormuz amid escalating Middle East tensions, although prices later eased after comments from President Trump suggesting diplomatic channels remain open. Even with oil climbing and the 10-year Treasury yield ticking higher, investors remained focused on growth and AI, showing that risk appetite is still very much alive.
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There was also plenty of action outside big tech. Homebuilder Taylor Morrison soared 22% after *Berkshire Hathaway* agreed to acquire the company in an US$8.5 billion cash deal, while MGM Resorts jumped 16% after a takeover offer from IAC. On the AI front, *Anthropic*, the company behind Claude, confidentially filed for an IPO, adding another heavyweight name to the growing AI race.
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In short, it was another session where AI stole the spotlight, oil tried to crash the party, but markets chose to keep dancing. For now, investors remain willing to look through geopolitical noise and focus on earnings growth, innovation and the next chapter of the AI story.
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What’s Brewing This Week*
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Next week looks like one of those weeks where investors start with AI and earnings, but finish with jobs and the economy.
For me, the biggest event to watch is Friday’s *US May jobs report*. The labour market remains one of the key pillars supporting the US economy, and markets will be watching closely to see whether hiring continues to slow after April’s softer payroll numbers. With new Fed Chair Kevin Warsh set to chair his first policy meeting later this month, investors may pay even closer attention to economic data rather than relying on forward guidance from the Fed. A stronger-than-expected jobs number could reinforce the “higher for longer” interest rate narrative, while a weaker reading may revive hopes for rate cuts.
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Before that, the spotlight will remain firmly on the AI theme. Nvidia CEO Jensen Huang will deliver his Computex keynote, which investors will watch for updates on AI demand, next-generation chips and broader industry trends. Given how influential Nvidia has become, any major announcements could have ripple effects across the technology sector.
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On the corporate earnings front, semiconductor giant *Broadcom* will likely be one of the most closely watched names. Broadcom has been one of the biggest beneficiaries of the AI boom, and investors will be keen to see whether demand from customers such as Meta Platforms and Alphabet remains strong. Cybersecurity players Palo Alto Networks and CrowdStrike will also report, offering another glimpse into enterprise technology spending.
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Beyond tech, results from retailers such as Dollar General, Five Below and Lululemon Athletica could provide useful clues about consumer spending behaviour. In particular, Dollar General and Five Below may offer insight into how lower-income households are coping with inflation and cost pressures.
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For Singapore investors, Tuesday’s *S&P Global Manufacturing PMI* will be worth watching as a gauge of manufacturing activity and export demand. Friday’s retail sales data will also provide a snapshot of domestic consumer spending trends, while *Europe’s Core CPI, GDP figures and the Fed’s Beige Book* could offer additional clues on the health of the global economy.
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In short, next week starts with AI excitement, moves through earnings season, and ends with the all-important US jobs report. For investors, Friday’s payrolls number could very well set the tone for markets heading into the Fed meeting later this month.
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What’s Brewing Today*
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*Sembcorp* had been on a rebounding mission. Personally, technically speaking, I think (hope) the rebound journey continues, barring any adverse developments in Iran War situation.
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Earnings plays, *iwow* and *Zixin* may capture some market attention.
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Also take note today is the last day of CB for *Food Empire*. Tomorrow, it will go XB of 1-for-5 bonus.
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*Happening Today*
SG XD/XR
— AnnicaHoldings: RIGHTS: OFFER OF 6 FOR 5
— Ping An Ins HK SDR2to1: CNY 0.77962
EU
— CPI (YoY) (May)
US
— JOLTS Job Openings (Apr)
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*SG Stock news*
— *Sembcorp* increases Vietnam-Singapore Industrial Parks
— *Lincotrade* secures $16.8 mil worth of new projects in 3QFY2026; order book increased to $107 mil
— *Singtel* signs a S$1.5 billion credit facility with banks
— *Jumbo Seafood* to close flagship East Coast Seafood Centre outlet on Sep 30
—👍 *iWOW* FY2026 Operating Profit Surges 150% to S$3.6 million on 19% Revenue Growth; Concludes Final ROOTS Earn-out Adjustment
—👍 *Zixin Group* reports profit after tax of RMB61.42 mil for FY2026, up 43.8% y-o-y
— *Yoma Strategic* delivered a strong FY2026 performance, with revenue rising 13.7%, Core EBITDA increasing 10.9%, and net profit surging 75.7%, driven by broad-based growth across its key businesses, improved operating performance, stronger property valuations, and lower currency translation losses.
— *Salt Investments* reported a 589% jump in FY2026 revenue to S$14.7 million and an 814% increase in gross profit to S$2.0 million, but still recorded a wider net loss of S$13.5 million, mainly due to S$11.2 million of non-cash goodwill impairment charges, although underlying operating performance improved significantly.
— *UnUsUaL* reported a mixed FY2026 performance, with revenue declining 18.0% due to fewer high-value projects, but profitability improved significantly as the Group returned to a gross profit of S$1.58 million from a gross loss a year earlier and narrowed its net loss by 59.6% to S$9.1 million, supported by lower event-related costs despite impairment charges and provisions for receivables.
— *Azeus* reported a 19% decline in FY2026 net profit to HK$134.7 million from HK$166.9 million, despite relatively stable revenue and gross margins, primarily due to higher investments in AI, research and development, and sales and marketing initiatives aimed at supporting long term business expansion and growth.
— *Ascent Bridge* reported a FY2026 net loss of S$6.39 million, operating cash outflow of S$1.80 million and cash balances of just S$91,000, prompting the Board to pursue new business opportunities, potential fundraising and strategic investments to diversify operations, improve liquidity and support future growth.
— *Old Chang Kee* reports FY2026 earnings of $9.6 mil; declares cumulative final and special dividend of 2 cents
— *NIO* delivered 37,705 vehicles in May 2026, up 62.3% year-on-year, bringing year-to-date deliveries to 150,526 vehicles (+68.7%) and cumulative deliveries to over 1.15 million, driven by strong demand for its NIO, ONVO and FIREFLY brands as well as the launches of the ONVO L80 and flagship ES9 SUVs.
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Sources:
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Cheers!
Dan
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Start your investment journey here:
https://www.phillip.com.sg/talktophillip/danccs/
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Disclaimer:
https://tinyurl.com/dan-disclaimer
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𝐌𝐚𝐫𝐤𝐞𝐭 𝐖𝐫𝐚𝐩 (𝐖𝐞𝐞𝐤 𝐞𝐧𝐝𝐞𝐝 𝟐𝟗/𝟓/𝟐𝟔)
𝟓𝟏𝟎𝟎: 𝐇𝐢𝐠𝐡 𝐅𝐢𝐯𝐞, 𝐓𝐡𝐞𝐧 𝐁𝐲𝐞 𝐁𝐲𝐞?
The 𝐒𝐓𝐈 hit a fresh all-time high of 5,102 this week, crossing the 5,100 mark for the first time on Monday before running out of steam and pulling back over the rest of the week. As of Friday noon, the index stood at 5,035, translating into a small weekly loss of 0.65%. The market finally broke through the 5,100 ceiling, but like a housewarming party that went on a little too long, some profit-taking inevitably followed.
There were certainly no shortages of movers this week, in both directions.
𝐅𝐫𝐨𝐦 𝐑𝐮𝐧𝐰𝐚𝐲 𝐭𝐨 𝐑𝐚𝐥𝐥𝐲
After posting a strong 4Q FY2026 performance, 𝐒𝐀𝐓𝐒 wasted no time getting off the runway. The stock gapped up right at the start of the week and climbed to a high of $3.86 as of Friday noon, marking a superb weekly gain of 17%. The group also proposed a final dividend of 5 cents per share.
𝐖𝐡𝐞𝐧 𝐎𝐢𝐥 𝐅𝐚𝐥𝐥𝐬, 𝐒𝐈𝐀 𝐅𝐥𝐢𝐞𝐬
Fellow aviation “buddy”, 𝐒𝐈𝐀 also enjoyed a good week despite the ongoing Iran conflict, climbing from $6.59 to a high of $6.81 before settling at $6.79 as of Friday noon. Personally, I think the key tailwind was the sharp decline in oil prices, which helped ease concerns over fuel costs. Sometimes, what happens at the oil pump matters just as much as what happens in the cockpit.
𝐓𝐡𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 𝐅𝐨𝐮𝐧𝐝 𝐚 "𝐁𝐮𝐭"
Not so lucky for 𝐁𝐨𝐮𝐬𝐭𝐞𝐚𝐝 𝐒𝐢𝐧𝐠𝐚𝐩𝐨𝐫𝐞 though. While FY2026 net profit surged 145% and the company proposed a higher total dividend of 10 cents per share, investors appeared to focus on the 35% YoY decline in adjusted net profit. As a result, the stock tumbled from $2.64 to a low of $2.16 before recovering slightly to close at $2.24 as of Friday noon, representing a hefty weekly loss of 15%.
𝐋𝐚𝐭𝐞 𝐭𝐨 𝐭𝐡𝐞 𝐏𝐚𝐫𝐭𝐲, 𝐅𝐢𝐫𝐬𝐭 𝐭𝐨 𝐃𝐚𝐧𝐜𝐞
𝐂𝐢𝐭𝐲𝐃𝐞𝐯 was a late bloomer this week, racing to a high of $8.63 following an upgrade by Goldman Sachs, which raised its 12-month target price to $9.78. As of Friday noon, the stock was trading at $8.60, up 5.2% for the week.
𝐅𝐫𝐨𝐦 𝐂𝐚𝐭𝐚𝐥𝐢𝐬𝐭 𝐭𝐨 𝐂𝐚𝐭𝐚𝐥𝐲𝐬𝐭
Turning attention to the SMID caps, 𝐊𝐨𝐡 𝐄𝐜𝐨 hogged the limelight in terms of trading activity. The stock surged from a weekly low of $0.130 to a high of $0.175 after announcing plans to transfer its listing from Catalist to the Mainboard. As of Friday noon, it was trading at $0.160.
𝐀 𝐑𝐞𝐜𝐨𝐫𝐝 𝐖𝐨𝐫𝐭𝐡 𝐒𝐚𝐯𝐨𝐮𝐫𝐢𝐧𝐠
Another late bloomer this week was 𝐉𝐁 𝐅𝐨𝐨𝐝𝐬, which delivered a strong FY2026 recovery, with EBITDA surging nearly ten-fold to US$139.7 million. Investors responded enthusiastically, sending the stock to a new all-time high of $0.82 on Friday before it eased to $0.745 as of Friday noon.
Cheers!
Dan
See Disclaimer
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If you think Dan can value add to your investment journey, click here: tinyurl.com/TTP-dan
Disclaimer: tinyurl.com/dan-disclaimer
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I focus on trend trading and technical analysis using my 1GT strategy to catch strong uptrends with clear entries and exits. Want to learn it? Join my FREE webinar here: https://bit.ly/1GTLive
Momentum is starting to improve across selected HK names, with fresh 1GT Bullish signals emerging in both tech and financial sectors.
This latest breakdown covers:
✅ SMIC
✅ Bank of China
✅ Baidu
If you’re monitoring HK exposure via SGX SDRs, this is worth a closer look.
👉 Read here: https://joeychoy.beehiiv.com/p/hk-tech-fin...
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HK Tech & Financials Reawaken: 3 SDR Setups Worth WatchingMomentum is improving as fresh 1GT Bullish signals emerge across tech and financial names. JOEYCHOY.BEEHIIV.COM |
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𝐄𝐱𝐜𝐢𝐭𝐢𝐧𝐠 𝐧𝐞𝐰𝐬! 𝐎𝐮𝐫 𝐉𝐮𝐧𝐞 𝐍𝐞𝐰𝐬𝐥𝐞𝐭𝐭𝐞𝐫 𝐢𝐬 𝐨𝐮𝐭! 𝐂𝐡𝐞𝐜𝐤 𝐨𝐮𝐭 𝐨𝐮𝐫 𝐓𝐨𝐩 𝐒𝐭𝐨𝐜𝐤 𝐏𝐢𝐜𝐤 𝐟𝐨𝐫 𝐭𝐡𝐞 𝐔𝐒 𝐚𝐧𝐝 𝐒𝐆 𝐌𝐚𝐫𝐤𝐞𝐭.
Don't miss out on valuable insights for your portfolio.
Check it out here>> https://joeychoy.beehiiv.com/p/june-2026-n...
Do let us know your feedback or give us a thumbs up if found it useful. 👍🏻
Thank you for your support and we hope to continue to value add to you.
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June 2026 NewsletterMarket Updates and Top Stock Picks from Singapore & US market JOEYCHOY.BEEHIIV.COM |
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Today's AMAS SG session went for 𝐦𝐨𝐫𝐞 𝐭𝐡𝐚𝐧 𝟑 𝐡𝐨𝐮𝐫𝐬!! Our longest AMAS session to date. 👀
We covered a large number of 𝐒𝐆 𝐬𝐭𝐨𝐜𝐤 𝐫𝐞𝐪𝐮𝐞𝐬𝐭𝐬, discussed the 𝐒𝐓𝐈, analysed multiple setups, and shared several stocks that stood out during the session. All using the 𝟏𝐆𝐓 (𝐏𝐫𝐨) 𝐈𝐧𝐝𝐢𝐜𝐚𝐭𝐨𝐫.
Some stocks includes Wilmar, iFast, Keppel and many more.
If you missed the live session or couldn't stay till the end, this is one replay you may not want to skip.
📺 𝐖𝐚𝐭𝐜𝐡 𝐭𝐡𝐞 𝐟𝐮𝐥𝐥 𝐫𝐞𝐩𝐥𝐚𝐲 𝐡𝐞𝐫𝐞:
👉 https://www.youtube.com/watch?v=uEiUk10OB04
📊SG Market Live: STI & 15+ Stocks Analyzed + 1GT (Pro) Signals & Bonus Picks!We went live to break down the SG stock market, starting with the S&P 500, touching on the STI, followed… WWW.YOUTUBE.COM |
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I developed the Left- Side and Right-Side Trading Strategies: using left-side trading to buy the dip, and right-side trading to sell at the peak — aiming to capture mid-term trends in Singapore stocks and SDR.
Privacy & Disclaimer Policy: https://tinyurl.com/disclaimersandpdpa
https://youtu.be/CqSVo9TEHZA
$DBS(D05.SI) $UOB(U11.SI) $OCBC Bank(O39.SI) $SGX(S68.SI) $SATS(S58.SI) $SIA(C6L.SI)
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https://youtu.be/Lj_W1BLlxHY
$DBS(D05.SI) $OCBC Bank(O39.SI) $UOB(U11.SI)
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https://youtu.be/Tuiy2Gq7pxo
$DBS(D05.SI) $UOB(U11.SI) $OCBC Bank(O39.SI) $SGX(S68.SI) $Singtel(Z74.SI)
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Kenny Loh possesses deep and well-rounded investment expertise, combining fundamental analysis (FA), technical analysis (TA), and macroeconomic insights to construct and manage robust, diversified portfolios. His approach integrates both traditional and alternative investments to meet a wide range of client objectives.
In addition to his proficiency in equities, bonds, REITs, and ETFs, Kenny is also well-versed in alternative investment strategies. He holds a Certificate in Alternative Investments from Harvard Business School and has hands-on experience with private equity, private credit, trade financing, hedge funds, and digital funds.
As a MAS-licensed and fully qualified Wealth Advisory Director, Kenny is authorized to advise on the full spectrum of regulated investment products. He specializes in designing tailored investment portfolios that align with individual risk profiles and long-term financial goals.
Collaboration with Tiger Broker
I will provide 1 hour complimentary portfolio review when you open an account with Tiger Broker. https://engage.fa.com.sg/service/kennyloh/...
For many Singapore-based investors, the local market feels like home—stable, familiar, and conveniently denominated in SGD. However, the allure of the US market, with its world-famous tech titans and immense scale, is hard to ignore.
As we move through 2026, the contrast between these two markets remains stark. Whether you are a local Singaporean or an expat, understanding the structural and tax differences is vital to avoid expensive surprises.
1. Growth Potential: Sprints vs. Marathons
2. Sectors: Tech Titans vs. Banking Bedrocks
3. The Tax Bite: Withholding and Estate Taxes
4. Probate and Jurisdictional Hurdles
5. USD vs. SGD: The Currency “Double Whammy”
In conclusion, navigating the choice between the US and Singaporean stock markets requires a careful balance of ambition and pragmatism. While the US market offers unrivaled growth potential through its dominance in global tech and AI, it comes with a significantly more complex “tax and legal tail” for Singapore-based investors. The 30% Dividend Withholding Tax and the looming 40% US Estate Tax on assets above $60,000 are critical hurdles that can erode long-term wealth if not managed through specific structures like Ireland-domiciled ETFs.
Read More here:
https://engage.fa.com.sg/kennyloh/navigati...
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/...............
Check out more REIT financial ratio at https://reitsavvy.com.........
Disclaimer: This analysis is for educational purposes only and does not constitute financial advice or a recommendation to buy or sell any securities. Investing involves risk. Please consult a licensed financial advisor to ensure any investment is suitable for your specific financial circumstances and risk profile.
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Introduction
Apple, Nvidia, Tesla, Microsoft, Amazon…… many of us, especially younger investors, are drawn to these US Stocks, known for their stellar performance over the years. The S&P 500 has delivered an average annual return of 10.33% since 1957 (Investopedia). However, did you know that owning these stocks directly as a non-U.S. person (like us) can trigger a significant tax burden upon death? This tax, the U.S. estate tax, can claim up to 40% of the value of your US assets, drastically reducing the wealth passed on to your beneficiaries.
Understanding the US Estate Tax
The US estate tax applies to “US situs” assets owned by non-resident, non-citizen individuals at the time of their death. These assets include shares in companies incorporated in the US, US real estate, certain US-based bonds and mutual funds, and even cash deposits held with US brokers.
Unfortunately, the threshold for exemption is extremely low for non-US persons. Only the first US$60,000 of US situs assets is exempt from tax. Any value above that amount may be subject to estate tax, at rates that can go as high as 40%.
For example, a Singaporean investor with a portfolio of US stocks valued at US$1 million would only receive an exemption of US$60,000. The remaining US$940,000 would be subject to estate tax, potentially resulting in a tax bill of up to US$376,000!
👇View a short explanation video here:
https://www.youtube.com/watch?v=1Szm_eTJeZ...
Read More here:
https://engage.fa.com.sg/kennyloh/navigati...
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/............
Check out more REIT financial ratio at https://reitsavvy.com......
Disclaimer: This analysis is for educational purposes only and does not constitute financial advice or a recommendation to buy or sell any securities. Investing involves risk. Please consult a licensed financial advisor to ensure any investment is suitable for your specific financial circumstances and risk profil
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Technical Analysis (TA)
Looking at the multi-year weekly chart provided up to late May 2026:
$Stoneweg EUTrust EUR(SET.SI) $Stoneweg EUTrust SGD(SEB.SI)
Stoneweg EU Trust has successfully completed its painful capital restructure and pivot phase, emerging as a structurally stronger, high-yielding stapled trust.
Stoneweg EU Trust is technically coiled in a multi-year accumulation floor, while fundamentally trading at an unwarranted 25% discount to its assets. For income investors, the 8.6% yield is backed by strong logistics fundamentals and CPI-pegged rents, making the risk/reward profile heavily tilted to the upside.
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/............
Check out more REIT financial ratio at https://reitsavvy.com......
Disclaimer: This analysis is for educational purposes only and does not constitute financial advice or a recommendation to buy or sell any securities. Investing involves risk. Please consult a licensed financial advisor to ensure any investment is suitable for your specific financial circumstances and risk profile.
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I bring deep expertise in stocks, Singapore Depository Receipts, structured products, and REITs to help clients capture opportunities and achieve their financial goals.
According to DBS Group Research's report "Powering Up The Recycling Engine" (28 May 2026), analyst Tabitha Foo believes $CityDev(C09.SI)could potentially unlock around S$7 billion of assets, equivalent to almost S$8.00 per share.
Some of the key hidden value areas include:
UK Assets
💰 Potential value: More than S$3.00 per share
Global Living Sector Portfolio
💰 Potential value: More than S$4.00 per share
Millennium & Copthorne Hotels (160+ hotels worldwide)
💰 Potential value: More than S$6.00 per share
Meanwhile, CDL's core Singapore residential business continues to perform strongly, achieving record residential sales of S$4.35 billion in 2025.
The market is no longer asking whether CDL owns valuable assets.
The real question is:
👉 Will management finally unlock them?
📈 DBS Target Price: S$12.00
My Technical View:
CDL has been one of my favourite trading counters over the years.
The stock rallied strongly from S$7.20 in December 2025 to S$10.09 in February 2026, before correcting to S$7.75 in May, where it found support near the 200-day EMA.
Since then, the stock has started to recover. Momentum and trading volume picked up noticeably on 28 May, and my General X Momentum Trend Following Indicator has triggered a Buy signal.
Next Technical Target
🎯 S$8.89
🎯 S$10.09
My Trade Plan:
I am looking to initiate a position on Tue if the stock can break above S$8.63, which would indicate further strength. Alternatively, I may accumulate on any pullback while the uptrend remains intact.
⚠️Exit if the price closes below 20 EMA for 2 consecutive days.
For reference only. Please refer to disclaimer: https://tinyurl.com/alex-disclaimer
📌If you find this analysis useful, I share weekly trading ideas and special trade setups via my WhatsApp community announcement group (one-way, no spam).
👉 To join, simply message ‘InvestSG’ on WhatsApp: https://wa.me/6590908871
Joining is free.
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$PC Partner(PCT.SI) has been quietly attracting my attention with its strong momentum throughout the year.
I keep hearing colleagues talking about it from time to time, but I never seriously looked into the story behind it.
After going through the latest KGI report dated 18 Mar 2026, I started to understand why the market has been rewarding it.
🔹FY25 results were much stronger than expected
Revenue rose 38.4% YoY, while profit jumped 88.5% YoY.
🔹The company is moving away from low-end cards and pushing premium GPU products
RTX5090 alone contributed HK$1.69bn, or about 16% of own-brand VGA revenue.
🔹KGI revised FY26 revenue forecast from -15.2% decline to +12.3% growth
The reason: better pricing power, premium product mix, and lower concern of another 2022–2023 style collapse.
KGI raised its TP from S$1.73 to S$2.54
Personally, I don’t think it is too late.
The stock still shows strong momentum, and I like the combination of:
• Blackwell upgrade cycle
• Premium GPU mix upgrade
• Strong earnings momentum
• Potential AI server optionality
📈My Technical View:
The stock started the year around S$0.90 and went into a strong uptrend, eventually hitting an all-time high of S$2.23 on 7 May.
After that came the correction.
When many thought the story was over, the stock found support around S$1.73 and rebounded quickly.
To me, this looks like the stock is attempting to resume its uptrend again.
🎯Next resistance / target levels:
1st Target: S$2.23
2nd Target: S$2.73
My Trade Plan:
I will be initiating a BUY position tomorrowand let the price action do the talking.
⚠️ Exit if the price closes below 20 EMA for 2 consecutive days.
For reference only. Please refer to disclaimer: https://tinyurl.com/alex-disclaimer
📌If you find this analysis useful, I share weekly trading ideas and special trade setups via my WhatsApp community announcement group (one-way, no spam).
👉 To join, simply message ‘Weekly Ideas - InvestSG’ on WhatsApp: https://wa.me/6590908871
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I am a Remisier at Phillip Securities and one of the top traders in the company, actively trading the market.
Every weekend, I share a watchlist of stocks in my WhatsApp Announcement Group. These counters are screened using my proprietary momentum system and are among the names I prepare for my own trading in the following week.
Last Saturday, many members from the group joined my SGX-sponsored Chinese stock seminar at SGX Auditorium. We discussed several strong trading stocks during the session, and many of them performed well over the last two trading days. Seeing members benefit from the ideas is always satisfying.
The group is one-way only (no spam, no chat flood 😊).
Joining is free.
If you would like to receive the weekly stock list and special trade setups, feel free to join.
👉 To join, simply message ‘InvestSG’ on WhatsApp: https://wa.me/6590908871
See you inside and let’s grow together 📊
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