Q2 earning season review

1.      Which company’s Q2 earnings are you most satisfied or dissatisfied with?
Among all the stocks in my investment portfolio, Sheng Siong is the company that delivered Q2 earnings that I’m most dissatisfied with:
· Diluted EPS                : SGD 0.02 
· Revenue                      : SGD 333.93M   ( +4.75% YoY)
· Net income                : SGD 32.01M ( -0.54% YoY)
· Net profit margin      : 9.59% ( -5.05% YoY)

2.      Is now a good chance to own AI-related stocks or other stocks?
Definitely a YES for AI-related stocks!
AI-related stocks have emerged and surprised the world with the rapid boom of their share price following the introduction of ChatGPT. AI’s potential is limitless and is definitely going to impact all aspects of society and technology so you won’t go wrong to go with the flow 😊
Also, it wouldn’t take long before FEDS eventually stop imposing interest hike or better still reducing interest when inflation is finally curbed. This will definitely serve as a crystallite for tech sectors and sending AI-related stocks to the moon!