To The Moon

March has been rough for the Singapore market. Banks, gaming, and consumer stocks have all taken turns getting hit. But what’s interesting is this: while many stocks are falling, a few are quietly climbing. Among SGX blue chips and mainboard names, these three not only avoided the selloff but posted eye-catching gains: $AEM SGD(AWX.SI)$: +151% YTD $ST Engineering(S63.SI)$: hit a record high in mid-March (+31% YTD) $Keppel(BN4.SI)$ +15% YTD What’s behind their resilience? And are they still worth chasing? output0.png 1. $AEM SGD(AWX.SI)$: From “Intel Proxy” to AI Beneficiary, +90% in 90 Days This might be the most

🌟🌟🌟March was supposed to be the month of dour faces and checking our portfolios with one eye closed.  But then there are $AEM SGD(AWX.SI)$ $ST Engineering(S63.SI)$ and $Keppel(BN4.SI)$ , acting like they did not know that the market was having a meltdown. AEM is having a party, surging over 90% because it finally realised that AI is the magic word that makes investors excited and throw money at it. ST Engineering is sitting on a SGD 32 billion order book, which is more sec

March has been rough for the Singapore market, but the divergence stands out. While many sectors sold off, $AEM SGD(AWX.SI)$ , $ST Engineering(S63.SI)$ and $Keppel(BN4.SI)$ moved higher — showing the market is rotating into names with strong earnings visibility and structural themes. For me, AEM is the most interesting but also the most speculative. The AI/HPC shift and cash flow recovery are real positives, but the sharp rally already prices in a lot, so I’d be cautious chasing here. ST Engineering (S63.SI) and Keppel Corporation (BN4.SI) feel more stable. ST Engineering has strong order visibility but looks fully valued, while Keppel’s data center a

This might be the most surprising dark horse on SGX this year. AEM is a semiconductor testing equipment company that has long been heavily tied to Intel. But the story has changed dramatically.

March has been rough for the Singapore market. Banks, gaming, and consumer stocks have all taken turns getting hit. But what’s interesting is this: while many stocks are falling, a few are quietly climbing.

Market now seem to be picking up again, let's see if it goes up further.

March has been rough for the Singapore market. Banks, gaming, and consumer stocks have all taken turns getting hit. But what’s interesting is this: while many stocks are falling, a few are quietly climbing. Among SGX blue chips and mainboard names, these three not only avoided the selloff but posted eye-catching gains: $AEM SGD(AWX.SI)$: +151% YTD $ST Engineering(S63.SI)$: hit a record high in mid-March (+31% YTD) $Keppel(BN4.SI)$ +15% YTD What’s behind their resilience? And are they still worth chasing? output0.png 1. $AEM SGD(AWX.SI)$: From “Intel Proxy” to AI Beneficiary, +90% in 90 Days This might be the most

🌟🌟🌟March was supposed to be the month of dour faces and checking our portfolios with one eye closed.  But then there are $AEM SGD(AWX.SI)$ $ST Engineering(S63.SI)$ and $Keppel(BN4.SI)$ , acting like they did not know that the market was having a meltdown. AEM is having a party, surging over 90% because it finally realised that AI is the magic word that makes investors excited and throw money at it. ST Engineering is sitting on a SGD 32 billion order book, which is more sec

March has been rough for the Singapore market, but the divergence stands out. While many sectors sold off, $AEM SGD(AWX.SI)$ , $ST Engineering(S63.SI)$ and $Keppel(BN4.SI)$ moved higher — showing the market is rotating into names with strong earnings visibility and structural themes. For me, AEM is the most interesting but also the most speculative. The AI/HPC shift and cash flow recovery are real positives, but the sharp rally already prices in a lot, so I’d be cautious chasing here. ST Engineering (S63.SI) and Keppel Corporation (BN4.SI) feel more stable. ST Engineering has strong order visibility but looks fully valued, while Keppel’s data center a

March has been rough for the Singapore market. Banks, gaming, and consumer stocks have all taken turns getting hit. But what’s interesting is this: while many stocks are falling, a few are quietly climbing.

This might be the most surprising dark horse on SGX this year. AEM is a semiconductor testing equipment company that has long been heavily tied to Intel. But the story has changed dramatically.

Market now seem to be picking up again, let's see if it goes up further.