I stayed up to read PM Wong’s National Day Rally announcements properly, then checked them against the names I actually track. The new southern island, autonomous vehicles and US tariff friction all sound important, but a government plan is not yet a contract, revenue line or balance sheet fact. I explain why Keppel and ST Engineering remain Zone 5, while ComfortDelGro stays Zone 4 with a new autonomous vehicle watch item. Iggy’s Forensic Zone: Zone 5, Red Zone.
Key takeaways:
Keppel’s 2.96% yield remains below my 4.7% hurdle and 3.2% floor.
ST Engineering’s dividend raise still leaves its trailing yield below 2%.
ComfortDelGro’s taxi and private hire profit fell 46%, from S$67.5 million to S$35.5 million.
ComfortDelGro’s gearing remains above my 35% ceiling, at 37.9%.
DBS, OCBC and UOB zone standings remain unchanged despite tariff concerns.
Iggy’s Forensic Disclaimer
This content is produced for educational and informational purposes only. I am not a financial advisor — I am a retail investor who applies forensic analysis to my own portfolio and shares that process publicly. Nothing here constitutes a recommendation to buy, sell, or hold any security, and no specific target prices or personalised financial advice are offered. Stocks assessed under Iggy’s Forensic Yield Standard are benchmarked against a 4.7% minimum yield hurdle; stocks flagged as Growth Watch fall below this threshold but demonstrate clean balance sheet metrics and an identifiable growth catalyst — these carry a materially different risk profile and are not suitable as yield replacements for income-dependent investors. All data is sourced from public filings and verified sources; where data is unverified it is explicitly flagged. All investments carry risk, including the potential loss of principal, and past performance is not indicative of future results. If you are making investment decisions involving CPF, SRS, or personal capital, please conduct your own due diligence or consult a MAS-licensed financial adviser before committing funds.
