*ETF Market Highlights 1Q2026*

.

Debatable.

Most people think ETFs are “boring”. But here’s the thing… boring is starting to win.

.

I was looking through the latest ETF market highlights by SGX Group, and a few things quietly stood out.

.

Firstly, 𝐀𝐔𝐌 just hit record highs.

That doesn’t happen because of hype. It happens when more investors stop chasing… and start building. More are using ETFs as building blocks, not just trading tools.

What’s interesting is this, retail investors now make up about 42% of ETF AUM. This isn’t just institutional money moving around. It’s everyday investors quietly shifting how they approach the market.

.

Next, 𝐆𝐎𝐋𝐃.

Prices have been choppy in 1Q26, not exactly a smooth ride. Yet Gold ETFs were among the most traded, and saw the strongest inflows.

That tells you something. Investors aren’t just chasing prices anymore. They are positioning, using gold as a stabiliser, not a punt.

.

Thirdly, on the 𝐈𝐍𝐂𝐎𝐌𝐄 side.

One name worth noting is the 𝐢𝐒𝐡𝐚𝐫𝐞𝐬 𝐔𝐒𝐃 𝐀𝐬𝐢𝐚 𝐇𝐢𝐠𝐡 𝐘𝐢𝐞𝐥𝐝 𝐁𝐨𝐧𝐝 𝐈𝐧𝐝𝐞𝐱 𝐄𝐓𝐅. Still one of the top dividend-paying ETFs on SGX.

It’s not low risk, you are taking on higher credit exposure. But in the right mix, it can add another income layer on top of REITs or dividend stocks.

.

Now, step back and look at the bigger picture.

.

This isn’t about ETFs doing well. It’s about something deeper… investor behaviour is changing.

Less about “what to buy next”, more about “how to build something that can last”.

.

Because at the end of the day, the strongest portfolios aren’t built on excitement.

They’re built on structure.

.

https://api2.sgx.com/sites/default/files/2026-04/ETF%20market%20highlights%201Q2026.pdf

#SGXETFs #InvestSmart #RecordAUM #danccs

𝐌𝐚𝐫𝐤𝐞t 𝐔𝐩𝐝𝐚𝐭𝐞 *21/4/26*

.

STI: 5004 (+6) | HSI: 26360 (+200) | Dow: 48442 (-4) | S&P: 7109 (-16) | Nasdaq: 24404 (-64)

.

*US Markets Overnight!*

..

*Hormuz Heat, Wall Street Retreat*

.

Geopolitics is back in the driver’s seat, and markets are reacting accordingly.

.

U.S. equities took a breather after a strong run. The Nasdaq slipped 0.3%, snapping a 14-day winning streak, while the S&P 500 and Dow Jones edged down 0.2% and just under flat. Nothing dramatic, more like markets blinking after a sprint.

The real action was in oil. With tensions flaring again between the U.S. and Iran, and the Strait of Hormuz narrative flipping (again), crude spiked hard. WTI jumped ~5.7% to $88+, Brent +5.6%. That’s not just noise, that’s a reminder of how quickly supply risk gets repriced when missiles and tankers enter the chat. As I have been saying lately, we are one tweet away from disaster.

.

Macro-wise, pretty muted otherwise. Dollar softer, 10Y yield steady around 4.25%. Bitcoin held firm near $76K after a volatile session, while gold… oddly down 1%, suggesting this wasn’t a full-blown risk-off move, more of a positioning shuffle.

On stocks, *Tesla* -2% ahead of earnings. Market clearly not in “give benefit of the doubt” mode anymore. Show me the numbers.*Marvell Technology* +6%, fresh highs. AI chip narrative still has legs, especially with potential custom work tied to Alphabet. *TopBuild* +19% after a $17B acquisition by QXO. Old-school industrial M&A quietly stealing the spotlight. *AST SpaceMobile* -5% after a satellite mishap involving Blue Origin. Space is hard… and expensive when things go off-course.

.

Overall, a headline-driven tape. Oil, rates, equities, all being nudged by shifting narratives out of Washington and Tehran. Not the kind of market you chase breakouts in.

Stay nimble. Liquidity is still there, but really, conviction is getting tested.

.

*What’s Brewing Today*

.

*Keppel REIT* delivered a solid 1Q26, with property income up 14.4% to $78.6M and NPI rising 9.7% to $59.9M, while distributable income jumped 17.8% YoY, helped by contributions from Top Ryde and stronger occupancy at Ocean Financial Centre.

.

The standout is the 17.2% rental reversion and 97.1% occupancy, that’s real pricing power, not just accounting lift, plus JV income surged 37.6% on higher MBFC exposure and lower financing costs.

.

Personally, I think this is a clean, fundamentals-driven beat, strong leasing momentum, stable WALE at 4.4 years, and improving income mix. The only thing to watch is borrowing costs creeping up slightly, but overall, this looks like a REIT quietly compounding (not the chasing growth type), which in this market, is probably what one want.

https://links.sgx.com/1.0.0/corporate-announcements/1QU6OPRVVT5K7D22/884862_KREIT%201Q%202026_Presentation%20Slides.pdf

.

News of the day. *Frasers Centrepoint Trust* confirmed it is in discussions to potentially sell White Sands mall, but emphasized there is no certainty any deal will materialize and investors should exercise caution. *ISOTeam* may see some market interest after order win announcement, which provide revenue visibility till 2029.

.

===

*SGX Research Vault*

.

*REIT Watch - S-REITs commence Q1 reporting season with a positive start*

https://www.sgx.com/research-education/market-updates/20260420-reit-watch-s-reits-commence-q1-reporting-season-positive

.

===

*Happening Today*

SG XD:

— Sri Trang Agro: THB 0.5

SG Earnings:

— KREIT^, OUEREIT

US:

— Retail Sales / Core Retail Sales (Mar) / Pending Home Sales

.

===

*SG Stock news*

— *Frasers Centrepoint Trust* confirmed it is in discussions to potentially sell White Sands mall, but emphasized there is no certainty any deal will materialize and investors should exercise caution.

— *ISOTeam* has netted S$30.1 million worth of new contract wins, bringing its order book to-date to S$186.5 million. These latest slew of new projects are expected to be delivered progressively over the next two to three years, providing the Group with revenue visibility until 2029.

— *Asian Micro Holdings* has received a notice from Rolls-Royce Singapore Pte. Ltd. regarding the termination of the Compressed Natural Gas (“CNG”) Purchase Agreement.

— *HRnetGroup* has expanded its semiconductor recruitment joint venture, AllwaysHRnet, into Shijiazhuang to strengthen coverage of the Beijing-Tianjin-Hebei cluster, leveraging lower costs and established industry networks to deepen its North Asia presence.

— *Global Invacom* secured a 2.5-year global exclusive distribution deal to market Prodelin VSAT antennas, expanding its satcom product suite, though the agreement is not expected to materially impact FY2026 earnings.

— *TOTM Technologies'* substantial shareholder Khoo Thomas Clive raises stake in the company

.

===

*Earning calendar:*

21 Apr: OUEREIT

22 Apr: Digicore REIT

23 Apr: Keppel^, Capland China^, iFast, Suntec, First REIT

24 Apr: FCT^, CapLand India^, CICT^, Elite UK REIT^

27 Apr: CapLand Ascendas, CapLand Ascott^

28 Apr: MPACT^, MIT, Aztech, SERT, Micro-mechanics, IREIT, World Precision, SERT

29 Apr: CLI^, Wilmar, Starhill Global

30 Apr: DBS^, CDLHT^, FHT^, Parkway Life, MLT

4 May: UOI

5 May: FLCT^

6 May: GE^, ACROPHYTE HT^, Manulife US REIT^

7 May: UOB^, AIMS REIT

8 May: OCBC^, Frasers Property^

11 May: SIA Engg

12 May: NTT DC REIT, Prime US REIT

13 May: UHREIT^

14 May: KIT^, Singpost^, SIA

18 May: LREIT

.

Sources:

www.sgx.com

www.investing.com

www.theedgesingapore.com

.

Start your investment journey here:

https://www.phillip.com.sg/talktophillip/danccs/

.

Cheers!

Dan

Disclaimer: https://tinyurl.com/dan-disclaimer

.

#dailyupdate #tradeSGX #POEMS #danccs

$AEM SGD(AWX.SI) Holding above the psychological 5.00, prices could be finding a new higher support where buyers could be keen to accumulate at this higher level.

This move comes after prices quickly rose through several resistance levels, where the 3 moving averages had started to slope up more aggressively since Mar.

2 1GT Bullish signals are still in play, could this uptrend continue toward the 5.50 target? 👀

$Sheng Siong(OV8.SI) is pulling back slightly after its recent rally, but continues to hold above the psychological 3.00 support level. 

With 2 consecutive 1GT Bullish Signals still in play and all 3 moving averages aligned upward, the uptrend remains intact.

The 3.00 level now stands out as a key psychological support to watch. As long as price holds above it, the bullish structure remains valid.

Could this dip be a potential accumulation zone before the next move higher toward 3.30? 📈

These 3 names are showing strong bullish setups and smart money may already be moving in.

GULF, DELTA & PTTEP are lining up nicely on the charts.

And you can access them directly via SGX, $Gulf Dev TH SDR 1to1(TGUD.SI) , $Delta TH SDR 1to1(TDED.SI) , $PTTEP TH SDR 1to1(TPED.SI)

𝐖𝐚𝐧𝐭 𝐭𝐨 𝐟𝐢𝐧𝐝 𝐨𝐮𝐭 𝐰𝐡𝐚𝐭 𝐚𝐫𝐞 𝐭𝐡𝐞 𝐜𝐨𝐧𝐬𝐭𝐫𝐮𝐜𝐭𝐢𝐯𝐞 𝐬𝐞𝐭𝐮𝐩𝐬 𝐚𝐧𝐝 𝐜𝐥𝐞𝐚𝐫 𝐭𝐞𝐜𝐡𝐧𝐢𝐜𝐚𝐥 𝐬𝐭𝐫𝐮𝐜𝐭𝐮𝐫𝐞𝐬 𝐟𝐨𝐫 𝐭𝐡𝐞𝐬𝐞 𝐬𝐭𝐨𝐜𝐤𝐬?

👉 𝐅𝐮𝐥𝐥 𝐰𝐫𝐢𝐭𝐞-𝐮𝐩 𝐡𝐞𝐫𝐞: https://joeychoy.beehiiv.com/p/not-all-tha...

@sgsiasorg Calling all NetLink NBN Trust unitholders!

Join us for an exclusive briefing hosted by SIAS with NetLink’s management team. Gain key insights into FY25 highlights and discover what’s ahead for FY26. Don’t miss this opportunity to get your questions answered and stay informed.

Date: 9 July, Wednesday

Time: 12.00pm - 1.00pm SGT
Location: SIAS Training Room

Register now: https://bit.ly/3HK3V2r

#NetLinkNBNTrust #SIAS #InvestorBriefing

@sgsiasorg Calling all NetLink NBN Trust unitholders!

Join us for an exclusive briefing hosted by SIAS with NetLink’s management team. Gain key insights into FY25 highlights and discover what’s ahead for FY26. Don’t miss this opportunity to get your questions answered and stay informed.

Date: 9 July, Wednesday

Time: 12.00pm - 1.00pm SGT
Location: SIAS Training Room

Register now: https://bit.ly/3HK3V2r

#NetLinkNBNTrust #SIAS #InvestorBriefing

Struggling with investing? You’re not alone!

Many people find themselves stuck buying high, selling low, or not investing at all due to fear or past losses. If this sounds familiar, this session is for YOU.

Led by a seasoned expert with over 30 years of experience advising top institutional investors, this session offers practical tools to help you take control of your financial future.

Don’t miss out, your journey to financial independence starts here!

Sign up here: http://bit.ly/404jOHm

https://youtu.be/Lj_W1BLlxHY
$DBS(D05.SI) $OCBC Bank(O39.SI) $UOB(U11.SI)

https://youtu.be/Tuiy2Gq7pxo
$DBS(D05.SI) $UOB(U11.SI) $OCBC Bank(O39.SI) $SGX(S68.SI) $Singtel(Z74.SI)

https://www.youtube.com/live/cALWrd3H51E?s...
$DBS(D05.SI) $OCB5S(OCB5S.SI) $UOB(U11.SI) $SGX(S68.SI)

Had a fantastic deep dive yesterday with Michelle Martin on MONEY FM 89.3, discussing the shifting landscape of Singapore REITs. As we move further into 2026, the strategy for S-REITs has evolved from simple "yield-chasing" to a sophisticated hunt for Alpha and resilience.

‌

Here are the three core themes we covered:

‌

1. 𝐃𝐢𝐯𝐞𝐬𝐭𝐦𝐞𝐧𝐭 𝐨𝐫 𝐃𝐢𝐥𝐮𝐭𝐢𝐨𝐧? 𝐓𝐡𝐞 𝐅𝐢𝐫𝐬𝐭 𝐑𝐄𝐈𝐓 𝐒𝐭𝐫𝐚𝐭𝐞𝐠𝐲 🏥
🟢 $First Reit(AW9U.SI)'s S$471.5M divestment of Indonesian assets is a masterclass in "de-risking."
🟢The Reality: Despite revenue growth, the IDR depreciated ~28% against the SGD over 5 years.
🟢The Move: Crystallizing a 2.1% premium to valuation to build a massive "war chest" (gearing plunging to 16.7%).
🟢Takeaway: Not all sales are exits—this is a strategic recalibration toward stable, developed markets like Japan and Australia.

‌

2. 𝐓𝐡𝐞 𝐌𝐢𝐝-𝐂𝐚𝐩 𝐀𝐥𝐩𝐡𝐚 𝐇𝐮𝐧𝐭 💎
🟢While the "Giant" REITs offer safety, the iEdge Next50 REITs are where the growth is hiding.
🟢Growth Gap: Mid-caps are projected to deliver 4.2% DPU growth—nearly 2.5x higher than large-caps.
🟢Valuation Edge: Buying at a 10-20% discount to NAV while enjoying yields of 7% to 9.5%.
🟢The Catalyst: With MAS/SGX liquidity support (EQDP), we are anticipating a liquidity-driven re-rating as institutional money flows into these undervalued gems.

$Stoneweg EUTrust EUR(SET.SI) $Stoneweg EUTrust SGD(SEB.SI) $OUEREIT(TS0U.SI) $UIBREIT(UIBU.SI) $Sabana Reit(M1GU.SI) $EliteUKREIT GBP(MXNU.SI) $UtdHampshReitUSD(ODBU.SI) 

‌

3. 𝐂𝐚𝐩𝐢𝐭𝐚𝐋𝐚𝐧𝐝 𝐀𝐬𝐜𝐞𝐧𝐝𝐚𝐬 𝐑𝐄𝐈𝐓 (𝐂𝐋𝐀𝐑): 𝐃𝐞𝐟𝐞𝐧𝐬𝐞 + 𝐎𝐟𝐟𝐞𝐧𝐬𝐞 🏗️
🟢 $CapLand Ascendas REIT(A17U.SI)'s S$900M Equity Fund Raising isn't about survival; it’s about dominance in the "New Economy."
🟢Pivot to High Demand: Funding Data Centres in Osaka and Science Parks in Singapore.
🟢Investor Opportunity: The preferential offering at S$2.35 (a ~7.5% discount) allows unitholders to average down at a level 2 standard deviations below its 5-year P/NAV average.

‌

Bottom Line: The S-REIT market is bifurcating. Whether you are playing the defensive blue-chip game or hunting for mid-cap Alpha, execution and asset quality are the only metrics that matter this year.

‌

Did you catch the live show? The podcast link can be found here 👇

https://reitsavvy.com/insights/money-and-m...

‌

‌

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/
‌
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.

‌1. Technical Analysis (TA) $Keppel Reit(K71U.SI) 

The chart shows a classic "recovery and consolidation" phase. After a significant rally in 2025, the price is currently navigating a corrective phase.

• Downtrend Channel: The stock is currently trading within a clear Downtrend Channel (blue lines). For a bullish reversal, the price needs to break out above the upper resistance line, currently around $0.935–$0.940.


• Pattern History: Note the successful Double Bottom in early 2025 (circled in blue), which led to a massive breakout. The current price action is a healthy pullback following that major run.

2. Fundamental Analysis (FA)

Despite the recent price softening, the underlying fundamentals remain robust, though DPU (Distribution Per Unit) has faced some compression.

• Strong Operational Metrics: Keppel REIT achieved a high portfolio occupancy of 96.7% and impressive rental reversions of 11.5% in the latest full-year results. This suggests strong demand for Grade A office space in Singapore's CBD.


• Asset Quality: The portfolio value stands at $11.7 billion, bolstered by the strategic acquisition of a 75% stake in Top Ryde City Shopping Centre (Sydney) and additional interest in MBFC Tower 3.


• Yield & Valuation: With a unit price around $0.92 and analyst target prices averaging $1.06 (e.g., OCBC Research), the stock is trading at a significant discount to its intrinsic value.


• The DPU Catch: FY2025 DPU fell 6.6% year-on-year to 5.23 cents. This was primarily due to higher borrowing costs and the transition of management fees being paid in cash rather than units, which impacts immediate distributable income but reduces future dilution.

Source: REITsavvy.com Screene (Keppel REIT)

3. Macro Challenges & Opportunities

Challenges

• Interest Rate "Higher for Longer": While rates have stabilized in 2026, the cost of debt remains higher than in the 2021-2023 era. Refinancing maturing loans continues to be a drag on DPU growth.


• Geopolitical Friction: Rising tensions in the Middle East and global trade uncertainties (e.g., China-US relations) can trigger "risk-off" sentiment, causing REITs to sell off regardless of fundamentals.


• Office Supply: While Core CBD supply is limited, any unexpected increase in shadow space or shifts in hybrid work trends could cap rental growth.

Opportunities

• "Normalizing" Rates: As we move further into 2026, the stabilization of the SGD SOR/SORA rates provides more predictability for Keppel’s interest expense management.


• Flight to Quality: Tenants are increasingly prioritizing green-certified, high-spec Grade A offices (like those in Keppel’s portfolio) to meet ESG mandates, allowing Keppel to command premium rents.


• Yield Spread: As fixed deposit rates begin to soften, the 5.5%–6.0% yield offered by Keppel REIT becomes increasingly attractive to income-focused investors.

Conclusion: Keppel REIT is fundamentally strong but technically "stuck" in a downtrend channel. A breakout above $0.94 on strong volume would be the signal that the macro-recovery is finally being priced in.

‌

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/

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.

$Kep Infra Tr(A7RU.SI)

Technical Analysis (TA)

The chart reflects a "V-shaped" bottoming process that began in mid-2025, but momentum is currently hitting a critical ceiling.

• Price Action: KIT is trading at $0.530. It has seen a massive rally from the $0.40 lows, but it is currently hitting heavy overhead resistance.


• Support & Resistance:
  Resistance: There is a major "brick wall" at $0.550 (represented by the top horizontal line). The stock failed to break this in early 2026 and is currently testing the $0.509 level, which has flipped from resistance to support.
  Support: Immediate support is at $0.517 (50-day MA). A stronger floor sits at $0.476 (200-day MA).


• Moving Averages: The 20-day and 50-day MAs (pink/blue) are trending above the 200-day MA (green), confirming a medium-term uptrend. However, the price is currently "pinched" between $0.51 and $0.54, suggesting a period of consolidation.

Fundamental Analysis (FA)

KIT's FY2025 results were record-breaking, though heavily influenced by capital recycling.

• Record Distributable Income: KIT reported a 24.4% jump in distributable income to $249.5 million for FY2025.


• The "Divestment" Factor: Much of this growth came from one-off gains (about $49 million) from selling stakes in Philippine Coastal and Ventura. Excluding these, core performance was stable but flat.


• Yield & Dividends:
  FY2025 DPU: 3.94 cents (a slight 1% increase).
  Current Yield: At $0.53, the yield sits at a healthy 7.4% - 7.6%.
  Next Payout: The next quarterly dividend (estimated $0.02) has an ex-date around May 11, 2026.


• Gearing: Net gearing improved to 38.7%, giving the trust roughly $600 million - $800 million in debt headroom for new acquisitions without needing an equity fundraise (EFR).

Future Business Outlook (Singapore & Global)

KIT is evolving from a traditional "waste and water" trust into a "Digital & Energy Transition" powerhouse.

1. Digital Infrastructure Expansion

The acquisition of a 46.7% stake in Global Marine Group (GMG) in late 2025 is the key growth story for 2026. This marks KIT's entry into subsea cable maintenance—a high-barrier-to-entry business that supports global AI and data center growth. We will see the first full-year contribution from this segment in 2026.

2. Energy Transition (City Energy & Solar) 

City Energy remains the "cash cow," but growth is coming from the German Solar Portfolio and European wind farms. While the wind segment saw a dip in 2025 due to lower energy prices in Europe, the 2026 outlook is more stable as power purchase agreements (PPAs) reset.

3. Environmental Segment Headwinds

This is the "weak link" for now. The Senoko Waste-to-Energy plant is contributing less following its concession extension, and Eco Management Korea (EMK) is facing price pressure in the landfill business. Management is currently expanding EMK’s incineration capacity to offset this, but results won't materialize until 2027.

Summary Verdict

• For Income Seekers: KIT remains a core "Yield Play." The 7.5% yield is well-covered by cash flows, even without divestment gains.


• For Capital Growth: The "easy money" from the $0.40 recovery has been made. To break above $0.55, the market needs to see successful integration of the GMG acquisition and a turnaround in the Korean environmental assets.

‌

‌

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/

$YZJ Shipbldg SGD(BS6.SI)

🔹 Strategic Move, Impact & Earnings

Yangzijiang Shipbuilding is buying a 10% stake in Poseidon (Seaspan’s holding company) for US$825.7m, funded by its own cash. Seaspan is a key customer, contributing ~10–15% of its orderbook.

This move pushes Yangzijiang closer to the ship leasing side — giving better visibility on future orders and fleet expansion. It also helps reduce the usual boom-bust cycle in shipbuilding and strengthens long-term customer ties.

The deal is earnings accretive, expected to add over RMB300m annually (~3–5% profit uplift) and improve ROE.

🔹 Industry & Growth Visibility

The container shipping market remains firm, with tight vessel supply and charter rates still near highs. Demand continues to be supported by fleet renewal and decarbonisation trends.

Yangzijiang is also executing well — recently securing 22 vessels worth ~US$0.98bn. Its total orderbook now stands at ~US$23bn, giving strong earnings visibility through to 2029.

📊 Analyst Target Price

• UOB Research: S$4.75


• DBS Research: S$4.55

📉 Technical View:

YZJ had a strong rally in Feb 2026, hitting an all-time high of 4.62 on 2 Mar, before pulling back. It has since been consolidating between 3.78 – 4.10 over the past 30 days.

In the last 4 days, momentum is picking up — price is holding above the 5 EMA and closed strong at 4.09 today. My General X Momentum trend-following indicator triggered a Buy signal on 15 Apr.

📌 My Trade Action

I initiated a position at 4.09 on 16 Apr and added again today. I will look to add more if price breaks above 4.10 next week.

Target Price:
🎯 4.62

⚠️ Exit if price closes below the 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

I trade for myself and my clients. I’m a remisier and one of the top traders at Phillip Securities SG.

I joined this 3-week tournament for educational purposes and to promote the local market.

‌

My goal is simple:
👉 show that steady, consistent profits can come from simple rules, discipline and proper risk management.

‌

For educational purposes, I set my own rules for this tournament:
🔹No leverage
🔹No hedging
🔹No illiquid small-cap high-risk counters
🔹One counter at a time

Keep it simple, as my real trading is much more complex

‌

Week 2 performance: +9.68%.
Cumulative: +19.86%.

Here’s how I did it 👇

‌

Week 2 Trades (Simple Breakdown)

Apr 13
Opening buy $Wee Hur(E3B.SI) at 0.715–0.72

🔹Thought:
Last weekend I already shared Wee Hur across multiple platforms and with my clients.
My real money position was entered earlier at 0.7333

‌

Apr 14
No action

🔹Thought:
Wee Hur stayed strong throughout the day
Opened 0.74, closed 0.77 — healthy momentum

‌

Apr 15
Sold Wee Hur at 0.77 one hour after market open

🔹Thought:
Hit my first target at 0.785 and pulled back quickly
Better to lock in profit first

‌

Bought $OKP(5CF.SI) at 0.735 near closing

🔹Thought:
Construction sector showing strength
OKP just started to turn up — laggard play

‌

Apr 16
Sold OKP at 0.75–0.755 within first hour

🔹Thought:
Momentum turned weak, no follow-through

‌

Switched to $YZJ Shipbldg SGD(BS6.SI), bought at 4.08

🔹Thought:
Stronger setup — opened with solid momentum
Rotate into leading counter
My real money position was entered at 4.09

‌

Apr 17
No action

🔹Thought:
YZJ Shipbuilding maintained strength
Closed near resistance at 4.10

Added to my real money position again at 4.09

Holding over the weekend
Expecting potential gap up and breakout next Monday

‌

Final Thoughts

I focus on doing the right things:
Cut loss fast
Follow momentum
React, not predict
Stay disciplined

That’s how the +9% came in again — another consistent week.

‌

My simulation portfolio link: https://www.investsg.asia/portfolios/242567

‌

For reference only. Please refer to disclaimer: https://tinyurl.com/alex-disclaimer

‌

📌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

‌

💡If you want to learn the basics of trading, you can watch my chinese webinar on YouTube: https://www.youtube.com/watch?v=_1pKcfqcgQo...

Last week market sentiment is turning up. Momentum getting stronger. Construction sector is moving.

My favorite, nothing compares to $Wee Hur(E3B.SI).

I have been following Wee Hur since 21 cents two years ago.
I rode the trend with my clients, monitoring it day in day out.

Today, Wee Hur is no longer just a small construction company.

Wee Hur is now part of the iEdge Singapore Next 50 Index

• It is among the next tier of large and liquid companies on SGX


• More visibility to institutional investors


• Potential inclusion in fund flows linked to EQDP initiatives and future ETFs

To me, it has two engines now:

🏗️Engine 1: Construction

• S$673m order book


• Visibility till around 2029


• Supported by strong project pipeline


• This gives the company multi year earnings visibility

🏢 Engine 2: Dormitory

• Pioneer Lodge expansion with +67% capacity


• +10,500 beds already completed in FY25


• Meaningful earnings uplift expected from FY26

This is important.

👉Recurring income
👉Rising dorm rents
👉More stable earnings profile

📊 Analyst Target Price:

Phillip Research: S$1.08
DBS Research: S$0.90

📉 Technical View:

Wee Hur price action is almost textbook for technical analysis.

It corrected significantly after forming a triple top around 0.925,
and came down to form a triple bottom near 0.64.

Last Friday, price broke above the 200EMA,
coinciding with DBS initiating Buy with target price 0.90.

My General X momentum trend following indicator also triggered a buy signal on Friday.

📌 My Trade Action

I initiated a position with an average price of 0.7333 on Friday

Target:

🎯 0.785
🎯 0.85
🎯 0.925

⚠️ 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