𝐒𝐡𝐚𝐫𝐢𝐧𝐠 𝐌𝐚𝐫𝐤𝐞𝐭 𝐕𝐢𝐞𝐰 𝐰𝐢𝐭𝐡 𝐋𝐢𝐚𝐧𝐡𝐞 𝐙𝐚𝐨𝐛𝐚𝐨

.

Markets may be near all-time highs, but investor confidence still feels a little fragile.

.

One headline on oil, one comment from Trump, one development involving Iran or the Straits of Hormuz… and suddenly market sentiment shifts again. That’s very much the environment we are in now.

.

Shared some thoughts with Lewis Ong from Lianhe Zaobao yesterday on why Asian markets remain cautious despite the STI managing to edge slightly higher.

.

To me, the market still feels heavily news-driven at this stage. Investors are continuing to digest the aftermath of the Trump-Xi meeting, while also watching geopolitical developments in the Middle East very closely.

.

The bigger concern is not just volatility itself, but how prolonged geopolitical tension could eventually feed into oil prices, inflation expectations, interest rates, and broader market sentiment.

.

That is also why many investors today seem to be leaning more defensive and selective, rather than aggressively chasing the rally.

.

In markets like these, sometimes patience becomes a strategy too.

.

Appreciate Senior Business News Correspondent, Lewis Ong (早报财经新闻资深高级记者 王阳发), for the coverage and always putting together thoughtful market coverage for readers and investors alike.

.

===

市场接近历史高位，但投资者的情绪，似乎依然带着几分谨慎。

.

油价的一个消息、特朗普的一番言论，或是伊朗局势与霍尔木兹海峡的任何新发展，都可能迅速牵动市场情绪。

.

这也正是目前市场所处的环境。

.

昨天接受《联合早报》采访时，我分享了一些对于近期亚洲市场保持谨慎情绪的看法。虽然海峡时报指数微涨，但整体市场依然偏向观望。

.

我认为，目前市场依然属于“新闻驱动型”市场。投资者还在消化习特会后的影响，同时也密切关注中东地缘政治局势的发展。

.

更大的担忧，其实不只是短期波动本身，而是地缘政治紧张局势若持续升温，可能进一步推高油价、影响通胀预期、利率走势，以及整体市场风险情绪。

.

也因此，现在不少投资者的策略开始偏向防御性与选择性，而不是盲目追高。

.

在这样的市场环境里，有时候，“耐心”本身也是一种策略。

.

感谢《联合早报》财经新闻资深高级记者王阳发的采访与报道，也谢谢他一直以来为读者与投资者带来深入且及时的市场分析。

.

https://www.zaobao.com.sg/finance/singapore/story20260518-9067389

.

#Zaobao #SGMarketPulse #tradeSGX #danccs

𝐌𝐚𝐫𝐤𝐞t 𝐔𝐩𝐝𝐚𝐭𝐞 *19/5/26*

.

STI: 4996 (+7) | HSI: 25675 (-287) | Dow: 49526 (-XX) | S&P: 7408 (-XX) | Nasdaq: 26225 (-XXX)

.

*US Markets Overnight!*

.

US stocks started the week on the back foot, with tech leading the pullback as Treasury yields kept climbing and oil prices spiked on renewed Middle East tensions. The Nasdaq slipped 0.5%, the S&P 500 eased 0.1%, while the Dow managed to stay green, up 0.3%. Markets are clearly entering earnings week with a “show me the money” mood, especially after the Trump-Xi summit ended more with handshakes than breakthroughs.

.

The Magnificent Seven looked machaim more like the “Mixed Seven” overnight. *Nvidia* dipped 1.3% ahead of its closely watched earnings this Wednesday, while memory chip names got absolutely memory-wiped. *Micron*, *Western Digital*, *Seagate*, and *Sandisk* all fell between 5% and 7% as investors trimmed exposure to the hotter parts of the AI trade.

.

Energy stocks, meanwhile, had a very different night. Oil surged after Trump posted strong rhetoric on Iran, briefly fuelling fears of supply disruption before markets calmed slightly later in the session. Brent crude still settled above US$112 a barrel, which is not exactly the kind of inflation headline central bankers want to see. It also explains why defensive and old economy names held up better than tech.

.

On the corporate front, *Dominion Energy* jumped more than 9% after agreeing to a massive US$67 billion takeover by *NextEra Energy*. NextEra shares fell 4.6%, which is classic market behaviour, the buyer pays the bill, the seller gets the champagne. Elsewhere, *UnitedHealth* edged lower after *Berkshire Hathaway* exited its stake, while *Regeneron* sank nearly 10% after disappointing late-stage drug trial results.

.

Right now, I feel that markets feel caught between three big forces, geopolitics, higher-for-longer interest rates, and earnings expectations. If yields keep rising and oil stays elevated, volatility could return very quickly. Investors may need stronger stomachs than diamond hands this week.

.

What’s Brewing Today*

.

*Geo Energy Resources* is the stock to watch today imo as it makes positive progress on its potential acquisition of high value coking coal in Central Kalimantan. For those who have been following my updates, this is one if the counter that is in my watchlist with a target of 65c.

.

*Keppel* has been making the news after the M1-Simba case, but now CEO Mr Loh had came out to say he is looking to divest some legacy properties and/or rig to hit its monetisation target. A positive after a negative, imo. Meaning, I suspect a rebound may be on the card soon. Just not sure if it is today. But good to put in watchlist.

.

In REITs sector, *Lendlease REIT* has a good showing in it’s business updates. Probably may attract some market volume today.

.

===

*Happening Today*

SG XD

—

JP

— GDP (YoY) (Q1)

EU

— Trade Balance  (Mar)

US

— Pending Home Sales (MoM) (Apr) / API Weekly Crude Oil Stock

.

===

*SG Stock news*

— *Lendlease REIT* reported strong 3Q FY2026 operating performance with positive rental reversions, higher tenant sales and occupancy, disciplined capital management including refinancing savings and perpetual securities issuance, while positioning for future income growth through full ownership and enhancement of PLQ Mall.

https://links.sgx.com/1.0.0/corporate-announcements/NRR79AD8UZ73WIAW/889305_3Q%20FY2026%20Business%20Update%20Presentation.pdf

— *Geo Energy* Secures Offtake MOU for the Group’s Future Hard Coking Coal Business with Trafigura for up to US$100 Million Prepayment; and Mining Services MOU with PT East Wonders Indonesia

— *Keppel* will divest property and rigs to offset M1 says CEO Loh

https://www.theedgesingapore.com/news/ma/keppel-will-divest-property-and-rigs-offset-m1-says-ceo-loh

— *Ever Glory* wins $230 mil of new contracts, lifts order book to above $900 mil

— * Pan Hong* is expected to report a lower revenue and a loss after tax for FY2026 due to fewer transfer of control of property units of Run Hong Yuan (润泓园) in FY2026 vs FY2025. In addition, there is a write down of properties held for sale and properties held under development, and fair value losses on investment properties for FY2026, mainly due to the ongoing prolonged downward adjustment of property sector of the People’s Republic of China.

— *MetaOptics* has filed an amended registration statement with the SEC for its proposed Nasdaq dual listing via ADSs, updating the offering structure and moving a step closer to tapping the US market, with Roth Capital and Benchmark acting as underwriters.

.

===

*Earning calendar:*

25 May: SATS

28 May: Valuetronics^, KSH

.

Sources:

www.sgx.com

www.investing.com

www.theedgesingapore.com

.

Cheers!

Dan

.

Start your investment journey here:

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

.

Disclaimer:

https://tinyurl.com/dan-disclaimer

.

#dailyupdate #tradeSGX #POEMS #danccs

$CSE Global(544.SI) is consolidating after the surge above 1.40, with prices holding above the 1.60 support zone while eyeing the 1.80 immediate resistance.

All 20d, 100d, and 200d moving averages continue to slope up, keeping the broader uptrend intact despite the recent pullback. The recent 1GT Bullish signal appeared after the breakout above the 1.40 resistance.

If price can break and close firmly above 1.80, the next leg higher could unfold from here. With strength holding near support, could we see another push to test and break 1.80 soon?

Some interesting movements started to appear beneath the surface of the market during today’s session, even while the broader 𝐒𝐓𝐈 still looked relatively steady. 👀

We walked through the charts, analysed 𝟏𝟖+ 𝐒𝐆 𝐬𝐭𝐨𝐜𝐤𝐬 𝐫𝐞𝐪𝐮𝐞𝐬𝐭𝐞𝐝 during the session, and highlighted where momentum and trend strength may be starting to shift.

Some of the stocks covered include Wilmar, Sembcorp, Centurion and many more.  

There were also a few 𝐛𝐨𝐧𝐮𝐬 𝐒𝐆 𝐬𝐭𝐨𝐜𝐤𝐬 that are worth taking a closer look at. 🎁

📺 𝐂𝐚𝐭𝐜𝐡 𝐭𝐡𝐞 𝐟𝐮𝐥𝐥 𝐫𝐞𝐩𝐥𝐚𝐲 𝐡𝐞𝐫𝐞:
👉 https://www.youtube.com/watch?v=TyOrq-tu1Tw

$Boustead(F9D.SI) has pushed higher and is now consolidating just below the 2.60 resistance after reclaiming the 2.30 level as a higher support. 

The 20d, 100d and 200d moving averages continue to slope up, keeping momentum aligned with the broader uptrend. The recent 1GT Bullish signal remains in play as buyers continue to defend higher lows. 

If price can break and close firmly above 2.60, the next upside target sits near 3.00. Could a clean push through 2.60 spark the next leg higher toward 3.00?

STI started the week around 4,922 and ended the week near 4,989, with resilience seen in banks, and selected industrials names. Wilmar International led STI gainers (+3% or 11 cents to S$3.78), but refining margins could remain under pressure, citing crude palm oil's strong price trend.

To learn more, check out our latest Technical Insight on our YouTube channel (@sgsiasorg) at https://youtu.be/YOJAfbYAzHs

Watch our Weekly Market Review every Monday at 12.30pm on YouTube!

Subscribe to SIAS mailing list for more investor related info: https://sias.org.sg/subscribe/

#Technicalinsight #MarketReview #StraitsTimesIndex #WilmarInternational

This week on Weekly Market Review: US markets pulled back after reaching fresh highs as rising oil prices and renewed inflation concerns weighed on sentiment. OCBC, DBS and UOB delivered closely watched earnings updates. OCBC remained the strongest performer among the local banks YTD, while DBS continued to stand out for its dividend yield outlook.‌

Watch now on YouTube at https://youtu.be/OHwT5MvoLiQ...‌

Subscribe to SIAS mailing list for more investor-related info: https://sias.org.sg/subscribe/...

#weeklymarketreview #singaporemarkets #globaloutlook‌

The Singapore stock market ended the first full trading week of May cautiously, with the STI index attempting to reach the 5,000-point milestone. OCBC reported a record Q1 net profit of $1.97 billion, driving a 0.2% rise for the trading week.

To learn more, Check out our latest Technical Insight on our YouTube channel (@sgsiasorg) at https://bit.ly/42n2Chb

Watch our Weekly Market Review every Monday at 12.30pm on YouTube!
Subscribe to SIAS mailing list for more investor related info: https://bit.ly/4uEAB0s

#Technicalinsight #MarketReview #StraitsTimesIndex #ocbc

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)

Market Insights, Financial Ratios, and 2026 Outlook

The Singapore pawnbroking sector has undergone a massive transformation, evolving from traditional "lenders of last resort" into sophisticated financial services and luxury retail players. With gold prices reaching historic highs, these stocks have become essential watches for local investors.

‌

1. Strategic Positioning

‌

• ValueMax Group $ValueMax(T6I.SI): Remains the "blue chip" of the sector, focusing on high-net-worth moneylending and large-scale gold trading. Its conservative balance sheet provides a safety net during volatility, and its massive gold inventory directly benefits from bullion price appreciation.


• MoneyMax Financial Services $MoneyMax Fin(5WJ.SI): A standout performer in share price momentum, fueled by its transition toward the Mainboard and aggressive push into digital appraisal services. They are effectively modernizing the pawn experience for a younger, tech-savvy demographic.


• Aspial Lifestyle $Aspial Lifestyle(5UF.SI): Formerly Maxi-Cash, this player integrates pawnbroking with luxury brands like Goldheart. This creates a circular economy for buying, trading, and pawning luxury goods, typically offering higher dividend yields to offset retail-exposed risks.

‌

2. Financial Ratio Comparison (FY2025/26 Estimates)

‌

‌

Key Insight: MoneyMax leads in ROE efficiency, while ValueMax offers the best margin of safety with a P/B ratio well below 1.0 and lower leverage.

3. The "Gold Factor" Analysis

‌

The profitability of these firms is inextricably linked to the price of gold ($P_g$). The primary driver of earnings is the spread between the loan value and the collateral liquidation value, represented by the following relationship:

‌

Margin = (LTV * P_g * (1 + r)) - Operating Costs

‌

When gold prices rise, the value of unredeemed pledges increases, leading to significant inventory gains. However, if gold prices retract, companies face the risk of collateral values falling below loan amounts, particularly if Loan-to-Value (LTV) ratios are high.

‌

4. Summary

‌

• ValueMax offers defensive stability through a strong balance sheet and significant gold-backed asset backing.


• MoneyMax represents the growth-oriented segment of the market, focusing on digital transformation and market expansion.


• Aspial Lifestyle provides a diversified retail-led approach, offering exposure to the luxury recovery and historically higher yields.

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.

‌Technical Analysis (TA) $OUEREIT(TS0U.SI) 

The provided chart indicates a significant shift in price action over the past year:

• Bullish Reversal & Channel: After bottoming near $0.215 in late 2023, the stock established a clear ascending parallel channel.


• Moving Averages: The price is currently trading above the 20-day (blue), 50-day (magenta), and 200-day (green) moving averages. The 20-day recently crossed above the others, signaling short-term bullish momentum.


• Key Resistance & Support:
  Resistance: Immediate resistance is at $0.375 - $0.380 (52-week high). A breakout here could target the consensus analyst mark of $0.44 - $0.45.
  Support: Strong support is found at the $0.315 horizontal line and the lower boundary of the current uptrend channel.

‌

Fundamental Analysis (FA)

‌

OUE REIT delivered a resilient 1Q 2026, characterized by robust rental reversions and effective capital management:

• Financial Growth: Revenue rose 6.7% YoY to $70.5 million, while Net Property Income (NPI) grew 8.4% YoY to $57.6 million.


• Sector Performance:
  Hospitality: This was the standout segment, with NPI surging 16.8% YoY. RevPAR reached $277, driven by high-profile events and the return of major MICE activities like the Singapore Airshow.
  Commercial: Achieved positive rental reversions of 6.0% in the Singapore office portfolio, maintaining a high occupancy rate of 95.2%.


• Valuation & Yield:
  The REIT is trading at a significant 21% discount to book value (P/NAV of approximately 0.65x).
  The forecast dividend yield for FY26 is approximately 6.7%, expected to rise to 7.4% by FY28.


• Debt Profile: Weighted average cost of debt decreased to 3.7% p.a., with aggregate leverage standing at 41.5%.

‌

Future Plan & Strategy

‌

Management is pivoting toward capital recycling and organic growth:

• Strategic Divestment: OUE REIT is in the "price discovery phase" for the potential divestment of its stake in One Raffles Place (valued at $1.93 billion). Proceeds are earmarked for debt reduction (targeting a gearing of ~37%) and new acquisitions.


• Geographic Diversification: Completed the acquisition of a 19.9% stake in Salesforce Tower (Sydney) in March 2026. This marks a strategic entry into the Australian market with an initial yield of ~5.8%.


• Asset Enhancement Initiatives (AEI):
  OUE Bayfront: Planning approval has been received to convert Level 17 into 22,600 sq ft of additional office space. This project is expected to deliver a stabilized ROI of over 11.0%.
  Sustainable Hospitality: OUE Limited (Sponsor) is developing Hotel Indigo Changi Airport, aiming to be Singapore's first zero-energy hotel, which could eventually be a pipeline asset for the REIT.

‌

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.

Technical Analysis (TA)

The chart shows a daily timeframe for $IFAST(AIY.SI), highlighting several bearish signals despite a long-term uptrend.

• Chart Pattern: A significant "Head & Multiple Shoulders" topping pattern has formed. The "Head" peaked near $11.00, while the most recent shoulder is lower, around the $10.02 resistance zone.


• Neckline & Support: The critical Neckline Support at $8.43 is currently the most important level to watch. A decisive break below this could signal a trend reversal.


• Moving Averages: The price is currently trading below the shorter-term moving averages (pink and blue lines), which are starting to curl downwards. However, it remains above the long-term 200-day Moving Average (green line) and the primary Ascending Trendline, suggesting the macro bull case isn't fully broken yet.


• Price Action: Today's price action shows a sharp gap down following the earnings news. At $9.03, it is currently testing the psychological $9.00 level.

Q1 2026 Earnings Summary

iFAST released its Q1 FY2026 results yesterday after market close. While the numbers were objectively strong, the market reaction today suggests some "sell on news" or concerns over future margins.

Key Financial Highlights

• Net Profit: $28 million, a massive +47.5% YoY increase (up from $19 million in Q1 2025).


• Revenue: Rose 49.4% to $136.8 million, driven heavily by the Hong Kong ePension business and core wealth management.


• AUA (Assets Under Administration): Reached a new record high of $32.6 billion (+27.1% YoY).


• Interim Dividend: Declared 2.5 cents per share (up from 1.6 cents in the previous year).

Strategic Outlook

• 2030 Vision: The group reaffirmed its target of $100 billion AUA by 2030, implying a 25.6% five-year CAGR.


• Global Expansion: Rebranding FSMOne to FSM Global as part of its "Truly Global Business Model" centered on Singapore, Hong Kong, and London.


• New Revenue Stream: The ORSO (Occupational Retirement Schemes Ordinance) pension business in Hong Kong is expected to start contributing significantly in 2H 2026.

Technical Analysis (TA)

The uploaded chart shows a daily timeframe for iFAST, highlighting several bearish signals despite a long-term uptrend.

• Chart Pattern: A significant "Head & Multiple Shoulders" topping pattern has formed. The "Head" peaked near $11.00, while the most recent shoulder is lower, around the $10.02 resistance zone.


• Neckline & Support: The critical Neckline Support at $8.43 is currently the most important level to watch. A decisive break below this could signal a trend reversal.


• Moving Averages: The price is currently trading below the shorter-term moving averages (pink and blue lines), which are starting to curl downwards. However, it remains above the long-term 200-day Moving Average (green line) and the primary Ascending Trendline, suggesting the macro bull case isn't fully broken yet.


• Price Action: Today's price action shows a sharp gap down following the earnings news. At $9.03, it is currently testing the psychological $9.00 level.

Q1 2026 Earnings Summary

iFAST released its Q1 FY2026 results yesterday after market close. While the numbers were objectively strong, the market reaction today suggests some "sell on news" or concerns over future margins.

Key Financial Highlights

• Net Profit: $28 million, a massive +47.5% YoY increase (up from $19 million in Q1 2025).


• Revenue: Rose 49.4% to $136.8 million, driven heavily by the Hong Kong ePension business and core wealth management.


• AUA (Assets Under Administration): Reached a new record high of $32.6 billion (+27.1% YoY).


• Interim Dividend: Declared 2.5 cents per share (up from 1.6 cents in the previous year).

Intrinsic Value Comparison (10 Years Horizon)

Strategic Outlook

• 2030 Vision: The group reaffirmed its target of $100 billion AUA by 2030, implying a 25.6% five-year CAGR.


• Global Expansion: Rebranding FSMOne to FSM Global as part of its "Truly Global Business Model" centered on Singapore, Hong Kong, and London.


• New Revenue Stream: The ORSO (Occupational Retirement Schemes Ordinance) pension business in Hong Kong is expected to start contributing significantly in 2H 2026.

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.

$Singtel(Z74.SI) 

One key reason behind Singtel’s recent weakness is the change involving its Special Discounted Shares (SDS).

Back in 1993 and 1996, many Singaporeans bought Singtel shares using CPF funds at discounted prices.

From 8 Apr 2026 onwards, SDS holders can now:
✅Sell their Singtel shares
✅Receive the proceeds in cash
❌ No need to keep the money inside CPF OA anymore

This led to concerns of selling pressure after Singtel’s strong rally to multi-year highs.

According to reports:
• Around 83,000 SDS holders (13% of the cohort) had sold by 30 Apr 2026
• 90% chose cash proceeds

However, Singtel later mentioned that SDS-related selling had already slowed to around 4.5 million shares daily, or about 11% of average daily trading volume.

Beyond the short-term selling pressure, Singtel is quietly transforming into an AI and digital infrastructure player.

Through Nxera and STT GDC, Singtel is expanding aggressively into:
• AI-ready data centres
• Cloud infrastructure
• Hyperscaler demand

The future growth story may no longer be just about telecom subscribers.
AI infrastructure and data centres could become the next major growth engine.

Interestingly, while some retail investors are worried about SDS selling pressure, institutions appear to be accumulating.

US fund giant Capital Group recently became a substantial shareholder after crossing the 5% stake threshold in Singtel.

Analyst target prices:
• DBS: S$5.71
• Maybank: S$5.25
• UOBKH: S$5.50

📊 My technical view:

Singtel hit an all-time high of S$5.27 on 20 Mar 2026 before dropping sharply to S$4.46 within one month after the SDS announcement.

The stock was supported by its long-term 200 EMA and consolidated for about a week.

Recently, the price has started moving up again with improving momentum, and my General X indicator triggered a BUY signal on 13 May.

Next target:
🎯 S$5.27

My trade action:
I initiated positions at S$4.775 and S$4.855 on 13–14 May after the General X BUY signal was triggered.

⚠️ Exit if the price closes below the 20 EMA for 2 consecutive days.

📍 I will also be conducting my upcoming Chinese stock seminar at SGX on 23 May 2026, where I will share more on how I analyse price action and identify trading opportunities using simple charts. Contact 90908871

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

周六还没安排？欢迎来一趟新加坡交易所 SGX，换个环境，也换个交易思路。
我将举办一场华文股票交易讲座，与大家分享我过去20多年在市场上的实战经验与交易逻辑。

这不是一场讲“理论”的讲座，
而是一场帮助你建立交易底层逻辑（Trading Logic）的实战分享。
讲座内容包括：
👉 现在市场正在走什么行情（Market Trend）？机会在哪里？
👉 如何系统化识别“强势股”（Strong Momentum Stocks），而不是靠感觉追高
👉 《大道至简》一套简单但有效的买卖方法（Trading Strategy），帮助减少犯错
👉 如何利用我的每周精选强势股（Weekly Stock Picks），提高胜率

很多投资者在市场中亏损，
不是因为不努力，
而是因为没有一套清晰的方法。

这一场，我会用最简单直接的方式，
把我20多年的交易经验分享给大家。
🎯 无论你是新手还是老手，

无论你做投资还是交易、长线还是短线，
相信都会让你有所收获。

✅ 免费入场 Free Admission

📌 This is a Chinese-language seminar, but don’t worry if you are not familiar with reading Chinese.

I will be using simple spoken Chinese, together with plenty of charts, technical analysis visuals, and market examples during the sharing.

So even if your Chinese reading is limited, as long as you can understand conversational Chinese, you should still be able to follow comfortably and benefit from the session.

Feel free to come by SGX, meet up with me personally, and have a casual exchange of market views and trading ideas.

📍 地点 Venue
新加坡交易所 SGX
2 Shenton Way, #02-02, SGX Centre 1
Singapore 068804
🚇 Raffles Place MRT Exit I
（步行约5分钟，老巴刹对面）

📌 午餐提供
Lunch provided

📅 日期 Date
5月23日（星期六）
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$AvePoint(AVP.SI) 

Atlassian (NASDAQ: TEAM) just dropped a monster quarter — $1.79B revenue, up 32% YoY, cloud growth accelerating to 29%, EPS at $1.75 well ahead of consensus expectations.

The stock surged 29% in a single session. More importantly, customers using Atlassian's Rovo AI are growing their ARR at roughly twice the rate of those who aren't — which settles the debate:

💡 AI isn't killing SaaS. It's supercharging it.

TEAM's blowout result has lifted the entire SaaS sector over the past two days, and I think the momentum is spilling over.

So where does that lead me? AvePoint (SGX: AVP | Nasdaq: AVPT).

AvePoint is the first B2B SaaS stock listed on SGX and the first company ever dual-listed on both Nasdaq and SGX — sitting at the exact intersection of AI and cloud data governance. Every new SaaS seat that gets sold needs to be backed up, secured, and governed. That's AvePoint's business.

The fundamentals are hard to ignore:

* FY2025 SaaS revenue: $319.2M (+38% YoY). Total ARR: $416.8M (+27% YoY).

* 11 consecutive quarters of double-digit net new ARR growth.

* $481M cash on hand, GAAP operating income of $33M — profitable, not a burn story.

* Omdia projects the global AI partner opportunity at $276B by 2030, with compliance services growing 21% for MSPs in 2026 alone.

📈 Technical View:

AVP peaked at S$20.40 (IPO day), then dropped to S$11.34 on AI disruption fears — a narrative TEAM just challenged.

Now forming a reverse head & shoulders, neckline at S$13.13.

Expect breakout, tracking strength from AVPT in Nasdaq.

My General X indicator triggered a Buy signal on 29 Apr — confirming the technical picture was shifting

Next Targets:

🎯 S$14.47

🎯 S$15.84

My Trade Action:

Initiating my first tranche at S$13.10 yesterday. I'll be looking to add more when the market opens this morning, as I want to build the full position before the next catalyst kicks in.

📍 With Q1 2026 results dropping on May 7, the fundamental trigger is just days away.

⚠️ Risk to watch: Consumption-based SaaS revenue can be lumpy, and the stock has already de-rated significantly from its listing highs. This is a conviction trade, not a sure thing. Size accordingly.

⚠️ Exit if the price closes below 20 EMA for 2 consecutive days.

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

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