Category: Investments

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    SATS Ltd (SGX:S58) – FY26 Update

    The Thesis Is Working. The Stock Is No Longer Cheap. I wrote about SATS in June with a blended entry of SGD3.56. The stock is SGD4.73 now. More importantly, the…

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    Singtel (SGX:Z74)

    You’re Paying For Execution Now, Not Buying A Discount. Almost every Singaporean household has Singtel somewhere. CPF. SDS. A parent’s portfolio from 1993. Which is probably why people stopped looking…

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    SATS Ltd (SGX:S58)

    The Cargo Handler The Market Still Prices As A Caterer. Written June 2026, before the FY26 results. The updated view is here. If you still think of SATS as Singapore…

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    Seatrium (SGX:5E2)

    A Good Company At A Bad Price. Seatrium builds offshore platforms, rigs, floaters and specialised vessels, and repairs and converts them. It was created when Sembcorp Marine absorbed Keppel Offshore…