The upcoming 3Q2025 reporting season, which will likely begin in October, will be a “key watchpoint”, say OCBC’s analysts.
Singapore’s small- and mid-caps (SMID) have already experienced sharp share price rallies year to date, and investors should be cautious that the risk/reward ratios for selected stocks are “starting to look unattractive”, say OCBC Investment Research head Carmen Lee and analyst Ada Lim.
“The risk/reward ratios for selected stocks are starting to look unattractive, especially where share prices have run ahead of fundamentals amidst a still uncertain macroeconomic backdrop. Some SMIDs have limited research coverage, and the onus to conduct due diligence on the company lies with the investor,” say Lee and Lim in a Sept 25 note.
