Name	Equities	%	Valuation
Ngit Liong Wong	20,747,219	7.182 %	264 M $
Silchester International Investors LLP	19,984,200	6.918 %	254 M $
Ying I Yong	1,517,000	0.5252 %	19 M $
VENTURE CORPORATION LIMITED	1,340,000	0.4639 %	17 M $
Choon Huat Tan	1,103,500	0.382 %	14 M $
Amova Asset Management Asia Ltd.	935,500	0.3239 %	12 M $
Courtiers Investment Services Ltd.	585,000	0.2025 %	7 M $
Sin Pin Kuik	460,000	0.1592 %	6 M $
Eng Hiong Soo	434,518	0.1504 %	6 M $
Value Intelligence Advisors GmbH	349,000	0.1208 %	4 M $

Stop Watching the Tickers: 5 Stocks to &ldquo Buy and Forget&rdquo for a Decade

 

Building long-term wealth isn&rsquo t about watching stock tickers, chasing headlines, or reacting to every price movement daily.

Instead, it is about owning quality businesses that you can &ldquo buy and forget.&rdquo  

What &ldquo Buy and Forget&rdquo Really Means

To be sure, taking this stance does not mean you should ignore your investments after you buy them. 

It simply means selecting businesses that you can trust for the long run.

You hold them through market cycles and allow compounding to do its work instead of reacting to short-term noise. 

Compounding is something that should be left to work for years and not weeks, let alone days. 

What Makes a Stock Suitable for Long-Term Holding

Stocks with a strong economic moat that can protect their earnings are candidates for long-term investing. 

Another plus point is when the company focuses on long-term value creation and not short-term gains. 

Additionally, these high-quality picks will also have a history of consistent earnings growth.
 

DBS Group &mdash The Global Platform Leader

DBS Group (SGX: D05) became Southeast Asia&rsquo s largest bank in 1998.

Today, it has operations spanning 19 markets with a keen focus on Greater China, Southeast Asia and South Asia, a network that is hard to match. 

For the full year of 2025 (FY2025), DBS achieved a record total income of S$22.9 billion. 

The local bank didn&rsquo t lose any steam heading into the first quarter of 2026 (1Q2026) with total income reaching a new high of almost S$6 billion. 

That&rsquo s despite net interest income (NII) slipping 5% YoY due to a lower net interest margin. 

DBS is still no doubt the leader among our local banks. 

Its current market cap of S$171 billion, as of 14 May 2026, is ahead of Oversea-Chinese Banking Corporation (SGX: O39), or OCBC, and United Overseas Banking (SGX: U11), or UOB, which reported market capitalisations of S$103 billion and S$62 billion respectively. 

But wait, there&rsquo s more to consider. 

DBS is not just the largest &mdash it has scored a return on equity (ROE) of 17% for 1Q2026 on an annualised basis, easily beating OCBC (13%) and UOB (11.5%). 

ST Engineering &mdash The Dividend Growth Blue Chip

Global technology and defence powerhouse, ST Engineering (SGX: S63) or STE, is backed by government contracts and long-term aviation maintenance.

The company won S$18.7 billion worth of new contracts in 2025, and ended the year with a massive order book of S$33.2 billion. 

The conglomerate has not slowed down in 2026, securing an additional S$4.8 billion in new contracts across its business segments in the first three months of the year. 

Having a multi-year order book allows the company to &ldquo lock in&rdquo years of future work, providing highly visible and stable income for the next few years.

To improve total shareholder return, STE intends to distribute one-third of any YoY profit increase as incremental dividends.

The group has displayed continuous dividend increments over the years. 

Total dividends for 2025 amounted to S$0.23 per share, a 35% increase over the 2024 dividend of S$0.17, and a 44% increase compared to the S$0.16 paid in 2023.

Notably, 2025&rsquo s dividend included a S$0.05 special dividend.

Venture Corp &mdash The Structural Growth Leader

Venture Corp (SGX: V01) serves as a strategic partner and manufacturer for global giants in key sectors such as life sciences and advanced networking.

With the worldwide push for better medical technology and rising complexity of semiconductor testing, Venture Corp is well-positioned to benefit from the increasing sector demand. 

As of 31 March 2026 (the end of 1Q2026), the company has a net cash position of S$1 billion. 

This substantial cash surplus has been sustained even after accounting for consistent dividend payouts and share buybacks, reflecting the company&rsquo s ability to grow. 

Sheng Siong &mdash The Defensive Compounder

As a classic all-weather stock, Sheng Siong (SGX: OV8) remains resilient regardless of the economy as daily groceries and household essentials never go out of style.

In fact, when times get tough, consumers cut down on dining out and eat at home instead. 

And where do they go to get cheaper groceries? 

That&rsquo s right &mdash Sheng Siong. 

The company&rsquo s performance backs this up. 

In 2025, revenue rose by nearly 10% YoY to S$1.6 billion, while maintaining a gross profit margin of 31.3%. 

The momentum continued into 1Q2026, with revenue jumping 12.4% YoY to S$452.8 million even as the gross profit margin slipped slightly to 31%. 

Additionally, the supermarket chain holds over S$461.1 million in cash and cash equivalents with zero debt. 

Combined with a consistent gross profit margin of approximately 30%, Sheng Siong is clearly capable of providing long-term investors with predictable cash flows and stable dividends.

Keppel DC REIT &mdash The Scalable Challenger

As of 31 December 2025, Keppel DC REIT (SGX: AJBU) has 25 data centres across Asia-Pacific and Europe valued at S$6.3 billion. 

With a portfolio occupancy of 95.8% and a weighted average lease expiry (WALE) of 6.7 years as of the end of 1Q2026, tenants are locked in for the long haul.

Plus, a built-in rental escalation clause tied to inflation has been implemented to help offset any costs that may eat into unitholder returns.

With technology giants like Microsoft Corp (NASDAQ: MSFT) and Alphabet (NASDAQ: GOOGL) pouring billions into artificial intelligence (AI), global data centre capacity is expected to double by 2030.

Keppel DC REIT has intentionally focused on stabilised assets in supply-constrained markets, allowing its assets to benefit from the &ldquo supply squeeze.&rdquo

Established players like Keppel DC REIT can keep occupancy high and leasing conditions favourable.

Why Most Investors Struggle to &ldquo Hold for a Decade&rdquo

More often than not, when the stock prices fall, investors&rsquo loss aversion instinct kicks in and they end up panic selling. 

Investors who get swayed will make impulsive decisions that negatively impact their long-term goals.

Usually those who fail to do their due diligence before investing find it hard to remain invested.

Without a solid understanding of the business, they lack the foundation necessary to justify holding their position when things get shaky.

The secret to long-term holding is very simple.

Just shift your focus from daily price changes to underlying business performance.

Stop monitoring your portfolio constantly &ndash you only need to review your holdings periodically, say every six months, to ensure your investment thesis remains intact.

Get Smart: Wealth Is Built in the Waiting

When you plant a seed, watching it closely every day wouldn&rsquo t make the plant grow faster. 

The true source of wealth is not constant activity, but rather the product of owning high-quality businesses over extended periods.

The real challenge of investing only begins after you have identified the right stocks. 

It lies in having the discipline to &ldquo let go&rdquo and allow their performance to deliver powerful results over time.

In its fiscal 2026 first quarter, HP Inc. (HPQ) reported revenue of \(\$14.4 \text{ billion}\) (a 6.9% year-over-year increase) and non-GAAP diluted net earnings per share (EPS) of \(\$0.81\). Personal Systems revenue rose 11%, while Printing net revenue saw a 2% decline. [1, 2]

Financial Highlights (Q1 FY26)

• Net Revenue: \(\$14.4 \text{ billion}\), up 6.9% compared to \(\$13.5 \text{ billion}\) in Q1 FY25.
• Diluted EPS: GAAP EPS was \(\$0.58\), while non-GAAP EPS was \(\$0.81\).
• Operating Margins: GAAP operating margin was 5.3% and non-GAAP was 6.9%.
• Cash Flow: Net cash provided by operating activities was \(\$383 \text{ million}\), with a free cash flow of \(\$175 \text{ million}\)

++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++
 

Thermo Fisher Scientific (NYSE:TMO) recently reported its fiscal Q1 2026 earnings, beating analyst expectations with revenues of \(\$11.01\) billion (up 6% year-over-year) and adjusted EPS of \(\$5.44\). Despite the top-line beat, shares dipped due to modest 1% organic growth and mixed segment performance. 

Key Q1 2026 Results

• Revenue: \(\$11.01\) billion, surpassing the consensus estimates of \(\$10.87\) billion.
• Earnings Per Share (EPS): \(\$5.44\) (adjusted), beating analyst predictions of \(\$5.25\).
• Organic Growth: 1%, with acquisitions driving the majority of the quarter' s 6% top-line growth.
• Profitability: Adjusted operating income increased 6% to \(\$2.4\) billion with a 21.8% adjusted operating margin.

DBS Group, Seatrium, Venture: Blue Chips Rewarding Investors Next Week

At a glance

• Name: Venture Corporation Limited
• Sector/industry: Information Technology / Electronic Equipment
• Headquarters/country: Singapore
• Core markets: Semiconductors, life sciences, consumer electronics
• Home exchange/listing venue: SGX Mainboard (V03)
• Trading currency: SGD

Official source

For first-hand information on Venture Corp Ltd, visit the company&rsquo s official website. Go to the official website

Read more

Additional news and developments on the stock can be explored via the linked overview pages.

More news on this stockInvestor relations

The &ldquo Semiconductor Cycle&rdquo : Is It Time to Buy AEM and Venture Corp Again?

The semiconductor industry is notorious for its wild boom and bust cycles, with large fortunes made (or lost), depending on when you invested. 

Intel&rsquo s (NASDAQ: INTC) recent earnings beat and optimistic chip demand forecast have helped put semiconductor stocks back in focus for investors. 

In Singapore, AEM Holdings Limited (SGX: AWX) and Venture Corporation Limited (SGX: V03) are two primary stocks for semiconductor exposure. 

Are these names still a buy here? 

Understanding the Semiconductor Cycle

First, let&rsquo s shed some light on why the semiconductor industry is highly cyclical. 

Demand for chips usually grows when there is economic growth (more demand for electronics) or technology advancements (think AI/cloud). 

To meet this increase in demand, semiconductor companies generally increase the supply of chips. Traditionally, this leads to inventory build-up and overcapacity of chips. 

When a slowdown in demand hits, chip inventories outweigh demand, leading to a decrease in the pricing of chips. Companies will then reduce chip production capacity while their inventories of chips get drawn down.   

Finally, the whole cycle repeats itself when we see an economic recovery or a change in technology. 

The key takeaway is that timing in the semiconductor industry matters, but predicting exact turning points is difficult. 

Where Are We in the Cycle Today?

There have been some encouraging signs seen in the semiconductor industry: other than strong demand for AI-related chips, analog chips (chips that interact with the physical world and which tend to serve automotive and industrial use cases) are seeing signs of stabilisation. 

Strong earnings and optimistic outlooks from leaders such as Intel and Texas Instruments (NASDAQ: TXN) confirm that chip demand remains high. 

However, the conflict in the Middle East is creating supply chain risks and economic uncertainty that could weigh on the sector. 

With possible higher inflation and softer purchasing power among consumers, the possible slowdown in demand for consumer electronics could also hurt chipmakers. 

Company Overview: AEM vs Venture Corp

Of the two companies, AEM presents a purer play on the semiconductor industry. It provides testing solutions for semiconductors and electronics. 

AEM has partnerships inked with leading global chipmakers, including Intel and ASE Technology Holding Co Ltd (TPE: 3711). 

Historically, AEM&rsquo s business has been rather volatile given its single-customer concentration risk with Intel. But this has improved slightly in more recent years as AEM has expanded its customer base.

AEM&rsquo s stock price has been on an absolute tear, last trading at S$7.58, nearing the upper-end of its wide 52-week range (S$1.19 &ndash S$8.36). Its results for 2025 partly explain this strong rally.

Although topline growth was tepid at 5%, the true story is seen in AEM&rsquo s bottom-line expansion: Net profit surged a staggering 47.8% to S$17.1 million, as the company ramps up manufacturing for its second AI/HPC (high-performance computing) customer. Operating margin also improved to 5.3%, from 2024&rsquo s 3.7%. Meanwhile, AEM&rsquo s return on equity (ROE) of 3.4% for 2025 is a marginal improvement from 2024&rsquo s 2.4%. 

Crucially, operating cash flow (OCF) swung positive to S$133.6 million, with a healthy S$112.1 million in free cash flow (FCF), up from a negative figure in 2024. AEM used the increase in FCF to pay down a majority of its debt, leaving the balance sheet in a solid net cash position of S$61.0 million. 

On the other hand, Venture Corp offers a more balanced exposure to semiconductors. It offers electronics manufacturing services to a wide variety of industries, including semiconductors, life sciences, and consumer electronics. 

With a more diversified customer base across industries, Venture Corp has generated consistently positive earnings and cash flows through market cycles. 

Venture Corp&rsquo s shares are currently trading at S$17.96 each, near the top of the annual range of S$10.92 &ndash S$18.75.

In its latest set of results, which were for 2025, Venture Corp saw its revenue soften by 7.4% to S$2.5 billion, with net profit also declining by the same percentage to S$227 million. These numbers were the result of weakness in the company&rsquo s consumer technology segment.  However, a bright spot is that operating margin inched up to 9.6% from 9.4% in 2024.

ROE did step down moderately to 8.0% from 2024&rsquo s 8.5%. However, the company still managed to generate positive free cash flow of S$226.3 million. Venture Corp&rsquo s balance sheet remains robust, with an excellent net cash position of S$1.3 billion. 

The Bull Case: Why It Might Be Time to Buy

The rebound in demand for analog chips, alongside strong AI demand, has painted a constructive demand picture for semiconductors. 

Both AEM and Venture Corp might see stronger earnings growth because of the supportive demand backdrop for semiconductors.   

The Bear Case: Why Investors Should Be Cautious

However, investors should still consider the possible bear case facing semiconductors, where recovery in certain sub-segments (consumer electronics) may remain weak or take longer than expected to come to fruition. 

AEM&rsquo s heavy reliance on a few key customers also presents a significant concentration risk.

Valuation: Are These Stocks Cheap Enough?

AEM looks expensive, with a forward price to earnings (P/E) ratio of 55.2x, nearly triple its five-year average of 19.5x, suggesting lofty growth expectations in the eyes of investors.   

Meanwhile, Venture Corp trades at a forward P/E ratio of 21.5x, against its five-year average of 15.3x, possibly showing a turnaround priced in by investors.   

Get Smart: Aggressive Growth or Defensive Value?

For investors comfortable with a more volatile name, albeit one with stronger prospects, AEM may be the better fit. 

For investors who prize greater stability and dividends, consider having Venture Corp as your semiconductor exposure. 

In sum, to invest in semiconductors, you have to be mindful of which part of the cycle we&rsquo re currently in. 

Both AEM and Venture Corp offer exposure to the semiconductor sector, with the former being a more aggressive option and the latter a more conservative pick. 

At the end of the day, the right fit for your portfolio depends on your risk profile and time horizon. 

When the market corrects, most people see a crisis. We see an opportunity to apply a system.

While others are paralysed by mixed signals from the energy sector and tech stocks, we&rsquo re sticking to a practical framework that filters the noise.

A market dip can either hurt your returns&hellip or accelerate them.

The difference comes down to one thing: how you deploy your cash. 

 

Disclosure: Wilson.H does not own shares in any of the companies mentioned.