Marcin Frąckiewicz

January 28, 2026, 2:24 AM EST. Blue-chip stocks on the Singapore market, including Keppel Corporation, ST Engineering, and CapitaLand Investment, recently hit 52-week highs, prompting questions among long-term investors about whether to sell. Investors often face a psychological tug-of-war between enjoying capital gains and fearing a reversal. However, price alone poorly signals when to exit. Instead, investors should assess earnings growth, cash flow durability, and capital allocation discipline. Keppel's recent rally to S$11.06 reflects its shift toward recurring, high-margin fee income and strong asset monetisation, including a major divestment of M1's telco business expected to unlock nearly S$1 billion in cash. Such corporate strategies and sustained dividends suggest long-term value rather than a peak, urging investors to focus on fundamentals rather than short-term price action.