ASEAN Speaks Defence, REITs and Resilient Stocks in Uncertain Times
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.