Mid-year 2025 report

 We are in the middle of 2025, there are Trump tariffs and wars in the rest of the world created uncertainties may affect our investment returns or performance. 

My investment portfolio overall still going growing despite having heavy weightage of Palantir which i still confident to hold. In order for US government to create efficiency on defense sector, Palantir is the only trusted software to organise LLM. The more chaos in geopolitics the more stronger Palantir. There’s some upside awaiting for us in their commit in private segment. The valuation is inflating and speculative now. 

I been buying S&P Global at the price range of  $478- $500 to anticipate crediting rating biz revenue increase when US rate cut, refinance and M&A will be a place to watch out. I will keep buying S&P Global whenever I see there's opportunity arise it'll going to be my core equity in the future, as I consider this company carries strong fundamentals, cash generator and strong cash flow despite economic turmoil. 

In my SG stocks buying list are DBS and Sheng Siong because I believe DBS will still continue to hold 13%- 16% ROE in the future via shares buyback and prolong inflation rate and with the stubborn US interest rate this will give a predictable dividend yield as I expecting only one rate this year which giving them enough time to pivot their wealth management and credit card segment. 

Sheng Siong continues to expand business in the newly hbd estate. I have read URA master plan on upcoming BTO projects and strong believe Sheng siong will be well fit in this plan and CDC vounchers woo customers to purchase items in SS in the heartland than shopping mall. I remind myself that SS payout ratio is roughly 30% consider a capital appreciation business it keep so much of cash flow as their income war chest while slowly increasing dividends to SH. The employment market is getting weak amid of AI rising and people are cautious on spending therefore homecooked will be a popular choice.

In my opinion, johor deal will not cause real damage in their business considering CDC vounchers; store operating in  new estate around ulu places; JB grocery getting expensive. SS is in a higher possibility to excel in the future.


My thoughts on Sheng Siong and S&P Global:

https://sginvestmentdiary.blogspot.com/2025/03/sheng-siong-fy-2024-thoughts-and.html

https://sginvestmentdiary.blogspot.com/2025/04/s-global-inc.html

Watclist: SGX, MSFT

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