Defence, REITs and Resilient Stocks in Uncertain Times
About this episode
The episode discusses the impact of the Middle East conflict on oil prices and inflation, while exploring resilient stocks in Singapore, including upgrades on ST Engineering and Wilmar.
In this episode, our host and Head of Research, Thilan Wickramasinghe, examines how the escalating Middle East conflict is driving higher oil prices, rising inflation risks and travel disruptions, while highlighting areas of resilience within the Singapore market. Our REITs & Industrials Analyst, Krishna, joins the show to discuss rising global defence spending and why he has upgraded ST Engineering, with Addvalue Technologies as another key beneficiary. He also reiterates his positive outlook on S-REITs following the recent market pullback. Our Research Analyst, Miaomiao, introduces her BUY initiation on SATS, explaining how the company could benefit from shifting cargo dynamics despite ongoing travel disruptions. Finally, Our Telco & Internet Analyst, Hussaini, discusses his upgrade on Wilmar, outlining why higher oil prices and improving fundamentals support a more constructive outlook for the stock.
People in this episode
Host: Thilan Wickramasinghe
Guests: Krishna, Miaomiao, Hussaini
Mentioned in this episode
Organizations: ST Engineering, Addvalue Technologies, SATS, Wilmar
More episodes of ASEAN Speaks
- Markets Rebound: Commodities, DBS and New BUY Calls
- Policy Tightening and Oil Risks: REITs, Grab and Bank Outlook
- Niche Value in Uncertain Markets: Energy, Gold and Hidden Winners
- The Oil Shock Playbook: Energy Transition, Banks and CPO Upside
- Rising Oil, Rising Risks: ASEAN Strategy and O&G Opportunities
- Markets Under Pressure: Oil, Conflict and Investment Strategy
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