SGX:U11
SGX:U11Banks

The Bull Case For United Overseas Bank (SGX:U11) Could Change Following Its S$3 Billion Capital Return Package

In recent weeks, United Overseas Bank (UOB) priced £750 million and €850 million of covered bonds and announced a S$3.00 billion capital return package, including a special dividend and share buyback, even as its Q3 2025 net profit fell 72% on higher pre-emptive credit allowances. This combination of bolstered shareholder payouts and proactive funding and provisioning signals management’s emphasis on balance-sheet resilience amid a less favourable interest rate backdrop. Next, we’ll examine...
SGX:S58
SGX:S58Infrastructure

SATS (SGX:S58) Is Up 5.6% After Profit Jump And Higher Dividend - What's Changed

Earlier this quarter, SATS Ltd reported a 13.3% year-on-year increase in Q2 FY2026 profit, lifted by stronger cargo operations and broader operational growth, alongside a higher interim dividend and ongoing share buybacks. A key development was the progress at its global cargo arm, Worldwide Flight Services, which secured fresh contracts and rolled out machine-learning forecasting tools to sharpen efficiency and capacity planning. We’ll now examine how SATS’s profit growth and higher interim...
SGX:H78
SGX:H78Real Estate

Hongkong Land (SGX:H78) Valuation Check After Launching $8b Singapore Central Private Real Estate Fund Strategy

Hongkong Land Holdings (SGX:H78) just took a decisive step toward an asset light future by pushing ahead with its Singapore Central Private Real Estate Fund, a planned SGD 8 billion plus vehicle anchored by prime office towers. See our latest analysis for Hongkong Land Holdings. That pivot toward Singapore fund management seems to be resonating with investors, with a robust year to date share price return of 60.05% and a one year total shareholder return of 65.45% suggesting momentum is...
SGX:D01
SGX:D01Consumer Retailing

How Investors May Respond To DFI Retail Group Holdings (SGX:D01) Profit Roadmap And Higher Dividend Target

Earlier in 2025, DFI Retail Group Holdings unveiled a three-year plan targeting 11%–15% underlying profit CAGR from 2025 to 2028 and lifting its dividend payout ratio to 70% from the final 2025 dividend, underpinned by expansion in Health & Beauty and Convenience via a capex-light franchise model and enhanced data-driven e-commerce and retail media. The company also reported a very large 48% year-on-year increase in Q3 2025 underlying profit and a strengthened net cash position of US$648...
Catalist:5TP
Catalist:5TPMetals and Mining

Asian Penny Stocks To Watch In December 2025

As global markets react to the Federal Reserve's recent interest rate cuts, concerns about technology stock valuations and AI infrastructure spending have surfaced, affecting indices like the Nasdaq Composite. Amid these broader market dynamics, penny stocks in Asia present a unique opportunity for investors seeking growth potential at lower price points. While the term "penny stock" may seem outdated, it still captures the essence of investing in smaller or newer companies that might offer...
SGX:OV8
SGX:OV8Consumer Retailing

Spotlight On 3 Global Penny Stocks With Market Caps Under US$700M

Global markets have been experiencing mixed performances, with major U.S. stock indexes reaching all-time highs amid the Federal Reserve's interest rate cuts, while technology stocks faced renewed valuation concerns. In such a fluctuating market landscape, identifying investment opportunities requires careful consideration of financial health and growth potential. Penny stocks, though sometimes overlooked due to their vintage connotation, can still present valuable opportunities in smaller or...
SGX:H22
SGX:H22Machinery

Did Ending Its Note Programme and Pivoting to Data-Centre Engines Just Shift Hong Leong Asia's (SGX:H22) Investment Narrative?

Hong Leong Asia recently terminated its S$500.00 million medium-term note programme with no outstanding notes as of November 17, 2025, while its China Yuchai subsidiary launched new high-horsepower generator engines targeting data-centre backup demand. These moves underscore the group’s focus on balance-sheet flexibility and on capturing infrastructure and data-centre powertrain opportunities, areas analysts view as important growth pillars. Next, we’ll examine how Hong Leong Asia’s new...
SGX:YF8
SGX:YF8Capital Markets

Assessing Yangzijiang Financial Holding (SGX:YF8)’s Valuation After Spin-Off, Deal Termination and Leadership Overhaul

Yangzijiang Financial Holding (SGX:YF8) has just wrapped up a spin off of its maritime investments into a separate listed company, scrapped a sizeable restructuring deal, and overhauled its top leadership team in one sweep. See our latest analysis for Yangzijiang Financial Holding. The spin off and leadership reset come after a volatile stretch, with the 1 month share price return down sharply even as the 1 year total shareholder return has surged. This signals that momentum has cooled in the...
SGX:5VS
SGX:5VSTrade Distributors

Asian Market Opportunities: 3 Penny Stocks With At Least US$100M Market Cap

As global markets navigate a complex landscape marked by interest rate adjustments and economic uncertainties, Asia remains a focal point for investors seeking diverse opportunities. While the term "penny stock" might seem antiquated, it continues to signify smaller or emerging companies that can offer substantial value. By concentrating on those with solid financial foundations and growth potential, investors can uncover promising prospects in this niche market.
SGX:S68
SGX:S68Capital Markets

Does SGX’s Liquidity Push And Nasdaq Dual-Listing Plan Reshape The Bull Case For Singapore Exchange (SGX:S68)?

In recent months, Singapore Exchange Ltd (SGX) has reported higher securities turnover, particularly in index stocks and REITs, while rolling out new offerings such as institutional-only crypto perpetual futures and preparing a simplified dual-listing framework with Nasdaq targeted for mid-2026. These moves suggest SGX is seeking to deepen market liquidity and broaden its role as a regional hub by linking global equity and digital-asset investors more closely to Singapore’s capital...
SGX:S58
SGX:S58Infrastructure

Assessing SATS (SGX:S58) Valuation After Profit Jump, Cargo Growth, and Increased Shareholder Payouts

SATS (SGX:S58) just posted a 13% year on year profit jump in Q2 FY2026, supported by stronger cargo operations, higher interim dividends, and ongoing share buybacks that underline managements confidence in future cash generation. See our latest analysis for SATS. The stronger cargo backdrop, higher dividends, and tech upgrades at Worldwide Flight Services seem to be feeding into sentiment. The 90 day share price return is 6.75% even as the one year total shareholder return is still slightly...
SGX:S63
SGX:S63Aerospace & Defense

Singapore Technologies Engineering (SGX:S63): Valuation After Record Order Book, Satcom Impairment and Special Dividend Announcement

Singapore Technologies Engineering (SGX:S63) just combined a record S$32.6 billion order book and S$14 billion in new contracts with a hefty S$667 million satcom impairment and a proposed special dividend tied to divestment proceeds. See our latest analysis for Singapore Technologies Engineering. Despite the hefty satcom write down, the market seems focused on the record order book and special dividend. The share price is at S$8.34 and a powerful year to date share price return near 80...
SGX:C6L
SGX:C6LAirlines

Assessing Singapore Airlines (SGX:C6L) Valuation After Profit Slump, Air India Hit and New Special Dividend Plan

Singapore Airlines (SGX:C6L) just posted a sharp 68% drop in net profit, largely tied to its Air India stake and softer interest income, yet it simultaneously rolled out a three year special dividend plan. See our latest analysis for Singapore Airlines. The stock is hovering around S$6.33 after the profit slump and special dividend news, with a mildly negative year to date share price return but a solid five year total shareholder return of 74.72%. This suggests longer term momentum remains...
SGX:HMN
SGX:HMNHotel and Resort REITs

How Investors May Respond To CapitaLand Ascott Trust (SGX:HMN) Rising RevPAU And STI Reserve List Entry

CapitaLand Ascott Trust, one of Asia-Pacific’s largest hospitality trusts, recently reported a 3% year-on-year rise in 3Q 2025 RevPAU alongside higher occupancy and was added to the STI Reserve List effective 22 December 2025. The combination of improving operating metrics, asset enhancement and capital recycling plans, and heightened index visibility could reshape how investors assess its income resilience and growth optionality. We’ll now look at how improving RevPAU and inclusion in the...
SGX:F34
SGX:F34Food

How Investors Are Reacting To Wilmar International (SGX:F34) Shifting To An All‑Independent Risk Committee

Wilmar International announced that founder-chairman Kuok Khoon Hong stepped down from the Risk Management and Board Sustainability Committees on December 1, 2025, with George Yeo and Soh Gim Teik joining these committees and the Risk Management Committee now comprising only independent directors. This governance reshaping comes alongside Wilmar’s efforts to manage legal and regulatory challenges while its core operations show improved profitability and momentum. We’ll now examine how the...
SGX:Z74
SGX:Z74Telecom

Assessing Singtel (SGX:Z74)’s Valuation After Upgraded FY2026 Outlook and Data Centre Growth Push

Singapore Telecommunications (SGX:Z74) is back in focus after lifting its FY2026 outlook following strong first half results and a bigger push into higher margin digital infrastructure, especially data centres. See our latest analysis for Singapore Telecommunications. The stronger FY2026 outlook and rising data centre narrative appear to be shifting sentiment, with the latest share price at SGD 4.66 and a robust year to date share price return of 50.81%, while the five year total shareholder...
SGX:H78
SGX:H78Real Estate

Why Hongkong Land (SGX:H78) Is Up 7.3% After Fast-Tracking Its Singapore Flagship Fund Launch

In December 2025, Hongkong Land Holdings advanced the launch of its Singapore Central Private Real Estate Fund, reshaping its Singapore portfolio by agreeing to sell its 33⅓% interest in Marina Bay Financial Centre Tower 3 for about S$1,500 million and preparing to inject prime office assets worth roughly S$3,900 million into the new vehicle. The move accelerates Hongkong Land’s capital recycling towards its 2027 US$4.00 billion target while laying the groundwork for a fee-based fund...
SGX:9CI
SGX:9CIReal Estate

Should CapitaLand Investment’s New China and Asia Funds Shape Its Platform Strategy for (SGX:9CI) Investors?

CapitaLand Investment Limited recently closed its second onshore China sub-fund, China Retail RMB Fund I, and the US$650 million CapitaLand Ascott Residence Asia Fund II, reinforcing its focus on recurring fee income from retail and lodging assets. By coupling these fund closures with ongoing expansion in India and growing exposure to data centres, CapitaLand Investment is deepening its platform-based real assets management approach across both traditional and digital infrastructure. We’ll...
SGX:C09
SGX:C09Real Estate

City Developments (SGX:C09): Valuation Check After £280m Holiday Inn London Kensington Acquisition

City Developments (SGX:C09) just closed a £280 million deal for the 706 room Holiday Inn London Kensington High Street, a sizeable bet that tight UK hospitality supply and easing rates can help keep this asset cash generative. See our latest analysis for City Developments. Investors seem to be backing that strategy, with City Developments’ 90 day share price return of 7.62 percent and strong year to date share price return of 43.36 percent suggesting positive momentum despite a modest 5 year...
SGX:D05
SGX:D05Banks

DBS (SGX:D05) Valuation Check After Record Profits, S$8b Capital Plan and Strategy Shift Under New CEO

DBS Group Holdings (SGX:D05) has just paired record profits with an S$8 billion capital return plan through 2027, while new CEO Tan Su Shan sharpens the strategy around digitalisation, regional deals, and fee driven growth. See our latest analysis for DBS Group Holdings. Those record numbers and the S$8 billion capital return plan appear to be resonating, with the share price at S$55.04 and a strong year to date share price return. The three year and five year total shareholder returns...