- May 11, 2022
- Posted by: AliensFaith
- Category: OBJECTIVE PRESS
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VENTURE CORPORATION LIMITED (SGX:V03) THAI BEVERAGE PUBLIC CO LTD (SGX:Y92) SINGTEL (SGX:Z74) SINGAPORE POST LIMITED (SGX:S08) SIA ENGINEERING CO LTD (SGX:S59)
Singapore Stock Alpha Picks May 2022 – Add AEM, Keppel, SingPost; Remove Aztech, Bumitama, Civmec, FLCT, Semb Marine
- In April, our Singapore Stock Alpha Picks April 2022 portfolio rose 1.9% m-o-m and outperformed the STI which fell 1.5%.
- For May 22, we add AEM (SGX:AWX) as we believe that it will benefit from Intel’s aggressive capex plans while Keppel Corporation (SGX:BN4) has meaningful upside after its merger and divestment announcements. We also include Singapore Post (SGX:S08) as a COVID-19 recovery play.
- We have also taken the opportunity to rationalise our portfolio by taking out a number of stocks that have performed well or lack share price catalysts.
