Fattycat

$TENCENT(00700.HK)

🚀 Tencent’s $15 Billion AI Bet - Bold Move or Financial Burden?

Is Tencent’s big push into AI a smart long-term play or is it putting too much pressure on its finances?

💡 Key Points

💸 Big Investment & More Debt:

To fund its global AI push and DeepSeek’s massive $15 billion funding round, Tencent raised US$1.8 billion and CNY26 billion in long-term debt.

This increases its financial leverage and annual interest costs.

📊 Investors Are Cautious:

The market is taking a more risk-off approach right now. Shareholders are prioritising near-term profitability over large upfront spending where the returns are still uncertain.

📉 Stock Under Pressure:

Shares have fallen sharply, breaking below the HK$400 level to HK$380.6. Price is testing key support around HK$370–HK$380 and the RSI is near 40.6, confirms downward momentum.

🔮 What’s Ahead

Until Tencent shows clear AI monetisation or a bounce off key support levels expect near-term pressure to continue.

Please refer to the infographic for further details.

Not financial and investment advice. Please do your own DD. 😁.

$Mi Material Holding Limited(MIM.SG)

🚀 Mi Material IPO: Semiconductor Growth Story - But Is S$1.80 Too Pricey?🤔

I came across this IPO yesterday while reading The Straits Times. It caught my interest so I decided to dig a little deeper.

Mi Material is certainly creating a lot of buzz ahead of its SGX listing. It’s showing strong earnings growth and benefits from rising demand in advanced semiconductor packaging and AI.

📈 The Strong Points:

• Revenue jumped 110% year-on-year to US$53.7 million in the first half of 2026

• Net profit rose sharply to US$14.3 million

• Its specialised solder-sphere technology could give it a real competitive edge

⚠️ The Valuation Question:

At S$1.80 per share, Mi Material carries a market cap of roughly S$891 million. That works out to around 69.6 times FY2025 earnings, or 24.3 times annualised first-half 2026 earnings.

The lower multiple assumes this exceptional pace can keep going. But if earnings slow or margins settle back down, investors face real downside — from both lower profits and a de-rating.

🚩 Other Risks to Watch:

Negative operating cash flow, high customer concentration, rising working capital requirements, and the cyclical nature of the semiconductor industry.

🎯 My personal view:

A great business does not automatically mean a great IPO buy. At S$1.80, there is almost no margin for error.

I am not going for it. I prefer to wait for clearer cash flow generation and proof that earnings can sustain this level before jumping in.

Is it worth the premium or should we wait it out? 👇

Not investment and financial advice. Please do your due diligence.

$PING AN(02318.HK)

💪 Still Standing Firm with Ping An and I know my patience will Pays Off

Back in September, I shared why I held 1,000 Ping An shares at an average cost of HKD 56.65. Today it trades at HKD 50.05, a paper loss of about 11.65%. It is not easy to see red in the portfolio 😔😣😒

But here is what keeps me holding on:

✅ Strong Fundamentals Remain

• P/E now just 4.94, well below the industry average

• P/B at 0.77 and a solid 6.28% dividend yield

• 36.1% profit growth and an A+ ESG rating . No changes with the business fundamentals.

📌 My Philosophy- same statement😁

Price is what you pay. Value is what you get. The market can stay irrational in the short term but great companies eventually get their fair share. I am in for the long haul not the daily ups and downs.

Thank you for walking this journey with me. To all fellow value investors, thanks for reading and stay the course with me. Don’t give up in what you believe in.

$BTC/USD(BTCUSD.HAS)

🏆 [Weekly] Bitcoin Market Outlook: Macro vs. Technicals

Bitcoin is steady around $81,874 after pulling back from its recent high near $88,000. The RSI has cooled off and showing a neutral momentum.

Currently everyone is watching what the central banks will do next.

🚨 Macro Factors to Watch

• Inflation Remains High: CPI came in at 3.7% year-on-year and PPI at 6.3%. Both are keeping US Treasury yields elevated and markets cautious.

• FOMC Meeting Coming Up Oct 27–28: The Federal Reserve’s decision on interest rates will set the direction for all risk assets including Bitcoin.

🎯 Key Price Levels

🔴 Major Resistance: $87,500 to $88,000

🟠 Key Pivot Zone: $83,500 to $84,500. Bitcoin needs to break above here to turn momentum bullish again

🔵 Nearby Support: $80,000 to $81,000

🟢 Stronger Macro Support: $75,500 to $76,000

🔮 Two Possible Paths Ahead

• 🦅 If the Fed Is Hawkish: Losing the $80,000 level could trigger more selling, pushing Bitcoin toward $75,500 to $76,000

• 🕊️ If the Fed Is Dovish: Breaking above $83,500 to $84,500 would open the way to retest the highs near $87,500 to $88,000

How are you positioned ahead of the Fed meeting? 👇

Not financial and investment advice. Do your own due diligence and happy weekend to you ☺️.

$Gold.com(GOLD.US)$SPDR Gold Minishares(GLDM.US)

🔥 [Weekly] Is Gold’s Rally Over? The Inflation Surprise That Matters 🥇

Gold investors, take note. This week’s inflation numbers delivered a clear shock to the gold market.

Here is the main reasons: 👇

🚨 What has Happened?

Both September CPI and PPI came in much hotter than forecast. Headline inflation rose to 3.7% year-on-year while producer prices jumped 6.3% year-on-year (a big upside surprise).

🔷 Why This Moves Gold

Persistent inflation means the Federal Reserve may stay hawkish. It could even raise rates on 28 October again. When rate hike expectations climb, Treasury yields and the US dollar tend to rise.

Since gold pays no interest, a stronger dollar and higher yields create a strong headwinds for its prices.

🔷 Key Price Levels Right Now

Gold trades near $4,165 and testing important levels:

• Immediate Support: $4,050 – $4,100

A break below here opens a quick move toward the major $4,000 mark.

• Overhead Resistance: $4,200 – $4,250

A clear close above this zone would ease the selling pressure.

The market is at important cross junctions. Are you buying near support or waiting for clearer signs? Share your thoughts👇

Not financial and investment advice. Please do your own due diligence😌.

$MINIMAX-W(00100.HK)

🤖 Is the AI Rally Cooling? MiniMax Down 80% — Time to Buy?

MiniMax Group has plunged from roughly HK$900 down to just HK$182.1, an 80% drop 📉.

Is this a deep discount or is the market signalling real risks in AI stocks?

Here is the full picture:

🚀 The Positives

1️⃣ Revenue exploded and up 283.1% year-on-year in the first half of 2026, reaching US$116.6 million

2️⃣ Gross margin improved from 12.1% to 17.9%

3️⃣ Strong cash position. About US$1.32 billion in the bank gives the company plenty of runway

⚠️ The Concerns

1️⃣ Still deep in the red

The adjusted net loss hit US$293 million for the first half.

2️⃣ Heavy R&D spending continues

The company profitability remains uncertain.

3️⃣ Price keeps falling

Technically it is still in a clear downtrend. Oversold conditions do not automatically mean good value and a bounce is not guaranteed.

💡 The Big Question

Can MiniMax turn that fast revenue growth into consistent profits before investors lose confidence?🤔

A lower share price does not mean that it is being cheap. Investors are concerned with the current valuation, the cash burn, the margins and the path to sustainable earnings. All these matters more than just the price drop alone.

🤔 Would you catch the train to buy at HK$182.1, wait for the trend to turn or stay on the sidelines?

Let us discuss what you think below!

Not financial and investment advice. Always do your own due diligence.😌

I decided to visit Longbridge Cafe for a hot mocha today. Great atmosphere and no crowds. So relaxing to sit here during lunch. ☕

Come come and use your voucher here 🤣.

$XIAOMI-W(01810.HK)

🚀 Xiaomi (1810.HK): EV Momentum & Analyst Views

Recently, Xiaomi is drawing plenty of attention! Here is a quick look at what is driving the story and its share price 👇

🚗 Strong EV Momentum

The SkyNomad series secured more than 70,000 firm orders in its first month. Monthly deliveries are rising rapidly to meet strong demand, reflecting fast-growing consumer enthusiasm. This remains Xiaomi’s most exciting growth story right now.

📈 Analyst Ratings & Targets

The consensus is firmly BUY / OUTPERFORM, with an average 12-month target price ranging from HK$34.40 to HK$34.70 — that is over 30% upside from around HK$27 recently.

• Citi: BUY, HK$34.00 target

• Goldman Sachs: BUY, HK$39.00 target

• Bernstein: BUY, HK$35.00 target

• Guosheng Securities: BUY, HK$51.00 target

🔄 More Than Just Cars

Beyond EVs, analysts also highlight Xiaomi’s growing “Human × Car × Home” ecosystem powered by HyperOS, stronger premium smartphone sales, and share buybacks worth over HK$1.27 billion. These all help underpin the company’s long-term value.

Do you share the same view as analysts? Let’s share your thoughts.☺️

📊 See the full picture in our infographic!

Not financial and investment advice. Please do your own due diligence ☺️.

$CSE Global(544.SG)

💡 Staying Patient, Seeing Value- My CSE Global Entry

Made an important decision yesterday. Bought 1,200 shares of CSE Global at S$0.92. 😁

The RSI was deep in oversold territory and the price had halved from its highs. To me, this looked less like a failing company and more like a quality business trading at a value discount.

Price is what you pay; value is what you get. The market can be emotional in the short run but over time fundamentals tend to win out.

I don’t expect an instant rebound. Value investing means being patient and comfortable looking a little lonely at times. But I believe in buying when others are fearful, especially when the numbers back it up. 🚀

Let’s see how this unfolds.

Here’s to the quiet confidence of buying value when it goes on sale! 😁

$XIAOMI-W(01810.HK)

My Xiaomi Story - Holding Strong and never give up✊

Currently holding 1,600 Xiaomi-W (01810) shares, average cost HKD 30.135 ☺️

Yes, I am down -11.26% on paper right now but conviction never shaken. 💪

The recent rally is already validating Xiaomi’s bold strategic shift into EVs. The Pengcheng lineup speaks for itself: 70,000+ orders locked in the first month alone, that’s outstanding early demand. 🚀

Furthermore, Xiaomi’s ambitious plan in Europe expansion coming next year. This is just the beginning of the growth story.

Xiaomi is not just a phone brand anymore, it is building a smart energy & mobility ecosystem that will run for decades.

Short-term fluctuations do not change the long-term vision. I strongly believed patience pays off. 😘😍😘

This is not investment or financial advice. It is just my passion sharing about my investment journey and conviction✊✊✊👊🏽.