The Singapore government’s infrastructure expenditure has been led by initiatives to build and enhance the nation’s public transport network and housing framework.19 companies listed on SGX have opera...
Shares Investment previously featured LY Corporation in early February 2018, in conjunction with the group’s listing. Click HERE for the detailed write-up about the insights we gain from our meet up with the management. In this article, we will follow up on the group’s latest FY17 earnings result.
In today’s world, we are not just being threatened by a typical military warfare but also face two other high degree menaces in cyberwar and trade war. The latter two may not kill physical human beings but can destroy the enemy’s economy many times worse than the conventional ways.
In February, many of the stocks took a hit and went down amidst fear of interest rate hikes and uncertainties over US’s inflation. However, given the backdrop of global economic growth, UOBKH opines that these “recovery plays and reflation picks” will still do well.
If you are worried about a possible market crash, here is DBS advice for you: Opportunity, not calamity. DBS believes that the recent market correction is an opportunity to bargain hunt as the market takes a breather. According to DBS’ estimates, the earnings growth trend seems to be on an accelerated trend. Earnings revisions have been positive with an expected one percent improvement in FY18. This should build a strong case for the bull run to continue despite the recent market correction.