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CIMB: SATS Ltd – Add Target Price $3.00 (Previous $2.86) - Alpha Edge Investing
$SATS (S58.SG)$

G'day, mooers! Check out the latest news on today's stock market !
• US inflation hits 40-year high of 7.9%
• Australia shares opened higher on Friday; ASX 200 up 0.12 per cent
• Stocks to watch: NIC, BRG
- moomoo News AU
Wall Street Summary
US Stocks ended Thursday in the red after the latest war talks between Russia and Ukraine broke down and U.S. inflation clocked in at a 40-year high.
The $Dow Jones Industrial Average (.DJI.US)$ slid 112 ...

XPeng Motor $XPENG-W (09868.HK)$ $XPeng (XPEV.US)$ shares traded in Hong Kong have been included in a mechanism that connects the Hong Kong and mainland stock markets, thus allowing mainland Chinese investors to buy them.
The Shenzhen Stock Exchange announced today that it has adjusted the list of Hong Kong-Mainland Stock Connect stocks to include XPeng Hong Kong shares, with effect from today.
The stock linking mechanism was launched ...

On Tuesday, the $Dow Jones Industrial Average (.DJI.US)$ added more than 370 points, helped by a 7.8% pop in $Amgen (AMGN.US)$ on the back of its strong earnings report. The $S&P 500 Index (.SPX.US)$ also registered a gain, climbing 0.8%. The technology-focused $Nasdaq Composite Index (.IXIC.US)$ rose 1.3%.

$OCBC Bank (O39.SG)$ The large cap is rising, banks stocks are also rising under bullish news, however OCBC is unable to break through 12.1. Institutions with strong short positions are suppressing the momentum from rising, it looks a little like last November when OCBC's performance was good but couldn't rise, it will need larger funds to come in to possibly break through.

$ThaiBev (Y92.SG)$ just buy more for this counter...

I bought $AEM SGD (AWX.SG)$ on 3 Nov 2021 at 4.20 anticipating that the earnings result on 10 Nov 2021 will be better than expected. The actual earnings and guidance were positive, triggering the stock price to rise. On 11 Nov 2021, I sold my holdings at 4.36 and was delighted. However, the stock price continued to rise to more than 5.00 due to analysts upgrading their target prices. Thus, my biggest mistake was that i did not forsee that a better than expected earnings will usually trigger a string of analysts' upgrade in subsequent weeks for a well covered stock. I have learnt my lesson and will not be so eager to sell so fast after a positive earnings report in future.