Jaypaloh
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Jaypaloh
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$ComfortDelGro (C52.SG)$ CDG’s indirect subsidiary won three metropolitan bus contracts in Sydney worth A$1.7 billion ($1.55 billion
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Jaypaloh
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$Grand Venture (JLB.SG)$
DBS slashed tp by almost half on weaker semicon market. DBS maintained buy but slashed their tp to 0.57 from 1.07.
https://www.theedgesingapore.com/capital/brokers-calls/dbs-slashes-grand-venture-techs-tp-almost-half-weaker-semicon-market
$IFAST (AIY.SG)$ $Frencken (E28.SG)$ $Nanofilm (MZH.SG)$ $AEM SGD (AWX.SG)$ $SIA (C6L.SG)$ $Rex Intl (5WH.SG)$ $RH PetroGas (T13.SG)$ $Geo Energy Res (RE4.SG)$ $Golden Energy (AUE.SG)$
DBS slashed tp by almost half on weaker semicon market. DBS maintained buy but slashed their tp to 0.57 from 1.07.
https://www.theedgesingapore.com/capital/brokers-calls/dbs-slashes-grand-venture-techs-tp-almost-half-weaker-semicon-market
$IFAST (AIY.SG)$ $Frencken (E28.SG)$ $Nanofilm (MZH.SG)$ $AEM SGD (AWX.SG)$ $SIA (C6L.SG)$ $Rex Intl (5WH.SG)$ $RH PetroGas (T13.SG)$ $Geo Energy Res (RE4.SG)$ $Golden Energy (AUE.SG)$
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Jaypaloh
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$Frencken (E28.SG)$ $UMS (558.SG)$
UMS and Frencken fell on the news that Apple Inc is cutting production of iPhone 14 Plus within weeks of starting shipments as it re-evaluates demand for the mid-range model. The company told at least one manufacturer in China to immediately halt production of iPhone 14 Plus components, according to the report. The move comes at a time when the global smartphone market has been softening, shrinking 9% in the third quarter compared with the same period a year earli...
UMS and Frencken fell on the news that Apple Inc is cutting production of iPhone 14 Plus within weeks of starting shipments as it re-evaluates demand for the mid-range model. The company told at least one manufacturer in China to immediately halt production of iPhone 14 Plus components, according to the report. The move comes at a time when the global smartphone market has been softening, shrinking 9% in the third quarter compared with the same period a year earli...
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Jaypaloh
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$Frencken (E28.SG)$
Broke down below 0.90 support. Likely to fall below 0.86 to stronger support around 0.80. This will be the lowest since Jun 2020. Other tech growth stocks will also be sold down. More downside in the medium term. Rebounds are good time to sell.
$IFAST (AIY.SG)$ $Nanofilm (MZH.SG)$ $AEM SGD (AWX.SG)$ $SIA (C6L.SG)$ $SamuderaShipping (S56.SG)$ $Jiutian Chemical (C8R.SG)$ $Rex Intl (5WH.SG)$ $RH PetroGas (T13.SG)$ $Golden Energy (AUE.SG)$ $Geo Energy Res (RE4.SG)$
Broke down below 0.90 support. Likely to fall below 0.86 to stronger support around 0.80. This will be the lowest since Jun 2020. Other tech growth stocks will also be sold down. More downside in the medium term. Rebounds are good time to sell.
$IFAST (AIY.SG)$ $Nanofilm (MZH.SG)$ $AEM SGD (AWX.SG)$ $SIA (C6L.SG)$ $SamuderaShipping (S56.SG)$ $Jiutian Chemical (C8R.SG)$ $Rex Intl (5WH.SG)$ $RH PetroGas (T13.SG)$ $Golden Energy (AUE.SG)$ $Geo Energy Res (RE4.SG)$
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