Sentiment has improved considerably after the initial fears over Trump’s raft of tariffs.
The Straits Times Index (SGX: ^STI) has rebounded strongly and is just below the 4,000 level as I write this article.
As a result, several companies have hit their 52-week highs as investors turn optimistic about their prospects.
However, should you add the five companies below to your buy watchlist?
Let’s take a deeper dive to find out.
Grand Venture Technology (SGX: JLB)
Grand Venture Technology, or GVT, is a manufacturing solutions and services provider for the semiconductor, electronics, aerospace, and medical industries.
GVT’s share price has climbed 12.7% year-to-date (YTD) to S$0.94, just shy of its 52-week high of S$0.96.
The group announced a solid set of earnings during its first quarter of 2025 (1Q 2025) business update.
Revenue jumped 44.8% year on year to S$44.6 million while gross profit improved by 40.3% year on year to S$11.1 million.
GVT saw double-digit year-on-year revenue increases across all three of its divisions.
Net profit increased by 27.7% year on year to S$2.6 million.
Management sees artificial intelligence (AI) and high-performance computing (HPC) as long-term structural growth drivers that will benefit its business.
Beyond semiconductors, GVT also expects resilient demand from life sciences customers and is deepening its value proposition for the aerospace sector in China.
These trends and initiatives should open up more strategic opportunities for the group to continue growing its top and bottom lines.
SIA Engineering (SGX: S59)
SIA Engineering, or SIAEC, is a maintenance, repair, and overhaul (MRO) specialist for the airline industry.
The group also provides line and base maintenance services for major airlines.
SIAEC’s share price has trended higher since hitting a low of S$1.91 in April 2025.
Shares of the MRO specialist are now up 37% YTD and recently hit a 52-week high of S$3.28.
The group reported a sparkling set of earnings for its fiscal 2025 (FY2025) ending 31 March 2025.
Revenue climbed 13.8% year on year to S$1.2 billion while operating profit came in at S$14.6 million.
SIAEC’s share of profits from associates and joint ventures improved by 17.4% year on year to S$118.6 million.
As a result, net profit surged 43.8% year on year to S$139.6 million.
A final dividend of S$0.07 was proposed, bringing FY2025’s total dividend to S$0.09, one cent higher than FY2024’s S$0.08.
The MRO industry continues to enjoy sustained demand, and the impact from Trump’s tariffs is limited for now.
Late last month, SIAEC signed a S$1.3 billion service agreement with Singapore Airlines (SGX: C6L) and Scoot.
This agreement is effective from 1 April 2025 for a term of two years with an option to extend for a further year.
Keppel Ltd (SGX: BN4)
Keppel is a global asset manager and operator with solutions that serve customers in the infrastructure, real estate, and connectivity sectors.
The blue-chip group saw its share price rise 7.3% YTD, and it recently hit its 52-week high of S$7.50.
There could be more momentum for the stock as Keppel released an encouraging 1Q 2025 business update.
1Q 2025’s net profit (excluding legacy offshore and marine assets) increased by more than 25% year on year.
Of this net profit, 80% was made up of recurring income.
Asset management fees also rose 9% year on year to S$96 million for the quarter, and Keppel recorded S$347 million of assets monetised to date.
The group also grew its funds under management (FUM) and targets to hit S$100 billion of FUM by the end of 2026 and S$200 billion by 2030.
Some of these long-term objectives are encapsulated in Keppel’s 2025 Investor Day presentation, and the group is working towards its Vision 2030 goals to grow its core earnings and increase its proportion of recurring income.
Sembcorp Industries (SGX: U96)
Sembcorp Industries, or SCI, is an energy and urban solutions provider with a balanced energy portfolio of 25.1 GW across 11 countries.
SCI also has urban development projects that span 14,400 hectares across Asia.
SCI’s share price has shot up nearly 27% YTD and recently hit its 52-week high of S$7.11.
The utility group managed to report a resilient core net profit of S$1 billion for 2024, even though revenue dipped by 9% year on year to S$6.4 billion.
The lower revenue was because of the planned maintenance shutdown of a Singapore cogeneration plant, along with a decline in Singapore wholesale electricity prices.
Despite the flat profit, SCI more than doubled its final dividend from S$0.08 to S$0.17, taking the total 2024 dividend to S$0.23.
The group has also announced several promising business developments recently.
In late May, SCI secured its second solar-energy storage hybrid project in India for a contracted capacity of 150 MW.
And in mid-June, the group was awarded its first round-the-clock power project, also in India, to integrate approximately 300 MW of installed capacity comprising solar, wind, and battery energy storage solutions.
Lum Chang (SGX: L19)
Lum Chang is a construction group with businesses in property development and investment.
Its construction projects include a wide variety of property types such as commercial, residential, industrial, and infrastructure projects.
Lum Chang’s share price has risen 19% YTD to hit its 52-week high of S$0.35.
The construction group reported a mixed set of earnings for the first half of fiscal 2025 (1H FY2025) ending 31 December 2024.
Revenue inched up 3% year on year to S$239 million, but gross profit slid 12% year on year to S$19.4 million because of higher cost of sales.
Net profit dipped 4% year on year to S$3.5 million.
Despite the lower profit, Lum Chang generated a positive free cash flow of S$73 million, reversing the prior year’s negative free cash flow.
The group quadrupled its interim dividend from S$0.005 to S$0.02 and expects the award of contracts for several large-scale developments, including Changi Airport Terminal 5 and the expansion of the Marina Bay Sands Integrated Resort.
We’ve found 5 SGX-listed dividend stocks with strong track records in turbulent markets. If you want consistency in an uncertain world, start here.
Follow us on Facebook, Instagram and Telegram for the latest investing news and analyses!
Disclosure: Royston Yang does not own shares in any of the companies mentioned.
