Small/ Mid-Cap Trends – SG & HK Market

Our top picks from the previous webinar have delivered mixed return. Civmec achieved a 4% return due to better-than-expected results and dividend. In contrast, CSE (-5%) and Marco Polo (-4%) experienced negative returns, impacted by one-off arbitration settlement cost and delays in the construction of a new ship.

Ongoing geopolitical uncertainties and slowing global economy continue to weigh on market. However, we are seeing some positive signs. The US Fed has initiated its first interest rate cut since 2020, and there are positive fund inflows into ASEAN markets. Nonetheless, it essential to be discerning when choosing quality stocks with good fundamentals.

We will be revealing a manufacturing company poised to benefit from new customers and its venture into the GPU leasing space. This company has a strong balance sheet, with net cash constituting around 80% of its market cap. Furthermore, it offers an attractive dividend yield of over 7% and has been actively conducting share buybacks.

This month, we have invited our analyst from Hong Kong to share insights on a large-cap company listed there, focussing on the technology sector. With Apple’s launch of artificial intelligence set to invigorate the smartphone upgrade cycle and handset component prices anticipated to peak, we expect a notable recovery in the industry. Additionally, the electric vehicle sector in China continues to make steady progress. Who will seize this momentum and emerge as leaders in this rapidly evolving market?

Join us as we reveal more opportunities that could outperform the STI Index.