Ezotop

Saturday, March 2, 2024

Keppel DC Reit - Looks like boat is back! At 1.69 which is trading near the support at 1.69 which might present a good pivot point! Yield is about 5.4 percent. Gearing is below 40 percent. Pls dyodd.

   Keppel DC Reit  - Looks like boat is back! At 1.69 which is trading near the support at 1.66 which might present a good pivot point! Yield is about 5.4 percent. Gearing is below 40 percent. Pls dyodd. 




Keppel DC Reit  - Good news!The manager  Managed to reach a amicably and commercial solution woth DXC for the full and final settlement of 13.3m! Likely to boost their dpu payout! Do take note! 




It looks like market like this piece of news and the price has rises up 5 cents to 1.76, Fantastic!

I think price likely to test 1.78 and cover up the Gap at 1.80.

Pls dyodd.


 Keppel DC Reit  -  After Ex.dividend she has gone down to touch 1.60 and managed to bounce-off from this level and closed higher at 1.65, looks rather positive! Yield is about 5.5 percent at 1.65 looks like a good pivot point to consider! Do take note!



If she can reclaim 1.71 level smoothly we may likely see her rising up further towards 1.78 level. 

Pls dyodd. 



KDC - Keppel DC Reit  - Indeed it has went down to touch 1.67 yesterday and bounce-off to close at 1.69 unchanged,  looks like bargain hunters has turned up to support! Do take note! 



I have nibbled a bit yesterday at 1.68. 

XD 2nd February.

Pls dyodd.


Update  : KDC (Keppel DC Reit) - Gapped down this morning and went down to touch 1.69, looks rather weak and may likely see her going down to test 1.66-1.67. 



Pls dyodd.

  Keppel DC Reit  - Results is out! Dpu decreased 16.1% ro 4.33 cents versus 5.165 cents.  NPI is down 9.1% to 117m, Distribution Income is down 18.5% to 76m. Gearing 37.4%.I think results is badly affected by the loss of rental income and higher Operations expenses and high financial costs that increases 43.5% to 28.5m.Cautious mode!  




Occupancy rate 98.3%.

XD 2nd February. 

I think the results is no good! 

I dont see any update about the DC rental update! 

Pls dyodd. 

Today opening price of 1.75 cents looks rather weak!

Likely to go down to test 1.67.


Friday, March 1, 2024

Update : Ifast - Chart wise, very weak! I think high probability shw may breakdown 7.00 and slide down toward 6.00 level. Cautious mode! Do take note!

 Update : Ifast - Chart wise,  very weak! I think high probability shw may breakdown 7.00 and slide down toward 6.00 level. Cautious mode! Do take note!

 


Don't go against with the trend! 

Pls dyodd. 

Ifast - Chart wise, looks like a pump and dump scenario! Pushed up to hit the high of 8.50 and crashing down ro close at 7.29. The running up has lost the momentum! At 7.29, PE is super high at about 76x. Pls dyodd. 



Full year, net profit increased by 340 per cent on-year to S$28.3 million, on the back of a 22.8 per cent increase in total revenue to S$256.5 million.

EPS is about 9.6 cents.

At 7.29, PE is super high at 76x.

Final dividend of 1.4 cents.

I would rather go for either Sembcorp ind or Keppel Corp with higher dividend and billion dollars of revenue plus a few hundred million net profit. 

Please dyodd. 

Thursday, February 29, 2024

UOB Bank - I think boat is back! She has corrected from 29.24 to close at 27.95 yesterday, yield is more than 6 percent looks quite an interesting! Pls dyodd.

  UOB Bank - I think boat is back! She has corrected from 29.24 to close at 27.95 yesterday,  yield is more than 6 percent looks quite an interesting! Pls dyodd.  




UOB Bank - FY results is out! FY Net profit is up 26 percent to 6.1b.4th quarter net profit climbed to S$1.40 billion ($1.04 billion) from S$1.15 billion a year earlier.Proposed a Final dividend of 85 cents as expected but no special dividend or Bonus issue like Dbs bank. Lets see how market react! 

XD of 85 cents on 25th April.

At 29.24, yield is about 5.8%.





UOB reported 

a 22% rise in net profit in the fourth quarter from a year earlier on the back of higher net fee and non-interest income.

UOB, which is Southeast Asia's third-largest bank by assets, said October-December net profit climbed to S$1.40 billion ($1.04 billion) from S$1.15 billion a year earlier.

The bank recommended the payment of a final dividend of 85 Singapore cents per share, bringing the total dividend for 2023 to S$1.70 per share.

Wednesday, February 28, 2024

SATS - Wow! 3rd quarter results swing back into profit with 38.1m PATMI. Q on Q basis, revenue increase 6.3 percent to 1.4b. Awesome! I think good improvement in the company financial results boosted by strong seasonal demand.

 SATS - Wow! 3rd quarter results swing back into profit with 38.1m PATMI. 

SATS 3QFY2024 earnings improve by 41.9% q-o-q to $31.5 mil.

 Q on Q basis, revenue increase 6.3 percent to 1.4b. Awesome! I think good improvement in the company financial results boosted by strong seasonal demand. 




Finally,  we can see lights at the end of the tunnel!.

3rd quarter Editda increased 18.3%.

Cash Flow increased to 172.3m versus 35.4m last year. 

For the 9MFY2024 period, earnings came in at $23.7 million, reversing from a loss of $32.0 million the previous year, while revenue saw a significant 200.4% gain to $3.85 billion from $1.28 billion previously.






Refinancing are bearing fruits which help to bring down significant financial savings.  

I think if 4th quarter also book another good improvement in PAMTI we may hear company resuming paying out dividend. 
Pls dyodd. 



Tuesday, February 27, 2024

Ocbc Bank - Q4 net profit rises 12% to S$1.62 billion; declares S$0.42 final dividend. Hosey! Yearly dividend of 82 cents. Yield is 6.16 percent !

 

OCBC Q4 net profit rises 12% to S$1.62 billion; declares S$0.42 final dividend.


XD 8th May.
Pay date 26 May. 

Yearly dividend of 82 cents.
Yield is about 6.16% based on current price of 13.31.






Ocbc reported a net interest income of S$2.46 billion, up 3 per cent from a year ago as average assets grew 4 per cent.

Net interest margin (NIM) moderated 2 basis points to 2.29 per cent, which OCBC attributed to higher funding costs that more than offset its increase in asset yields.


I think is a good set of financial numbers!

Pls dyodd. 

Non-interest income rose 25 per cent to S$811 million, as net fee income increased 16 per cent year on year due to higher fees from wealth management, credit card and loan-related activities. Net trading income also improved 22 per cent on the back of higher customer flow treasury income, offset in part by a decline in insurance income. - Tomorrow FY results will be out in the morning! Market expects Final dividend of 40 cents to be the same as interim dividend of 49 cents! Anything more it may boost the price higher! However, if dividend is lesser or No special dividend ot nay folllollow UOB scenarios selling down upon announcing record profit but higher final dividend without any  special dividend or bonus share ! 



I think if Final dividend of 40 cents without any special dividend we may expect her to fall down tobtest 12.71 and below.

On the other HAND, IF they declared any special dividend or Bonus share issue I think price ma6 Gap up to test 13.45 again! 

Pls dyodd. 


Ocbc Bank - Tomorrow FY results will be out in the morning! Market expects Final dividend of 40 cents to be the same as interim dividend of 49 cents! Anything more it may boost the price higher! However, if dividend is lesser or No special dividend ot nay folllollow UOB scenarios selling down upon announcing record profit but higher final dividend without any special dividend or bonus share !

 Ocbc Bank - Tomorrow FY results will be out in the morning! Market expects Final dividend of 40 cents to be the same as interim dividend of 49 cents! Anything more it may boost the price higher! However, if dividend is lesser or No special dividend ot nay folllollow UOB scenarios selling down upon announcing record profit but higher final dividend without any  special dividend or bonus share ! 



I think if Final dividend of 40 cents without any special dividend we may expect her to fall down tobtest 12.71 and below.

On the other HAND, IF they declared any special dividend or Bonus share issue I think price ma6 Gap up to test 13.45 again! 

Pls dyodd. 


Monday, February 26, 2024

Ifast - Chart wise, looks like a pump and dump scenario! Pushed up to hit the high of 8.50 and crashing down ro close at 7.29. The running up has lost the momentum! At 7.29, PE is super high at about 76x. Pls dyodd.

 

Ifast - Chart wise, looks like a pump and dump scenario! Pushed up to hit the high of 8.50 and crashing down ro close at 7.29. The running up has lost the momentum! At 7.29, PE is super high at about 76x. Pls dyodd. 



Full year, net profit increased by 340 per cent on-year to S$28.3 million, on the back of a 22.8 per cent increase in total revenue to S$256.5 million.

EPS is about 9.6 cents.

At 7.29, PE is super high at 76x.

Final dividend of 1.4 cents.

I would rather go for either Sembcorp ind or Keppel Corp with higher dividend and billion dollars of revenue plus a few hundred million net profit. 

Please dyodd. 

Sunday, February 25, 2024

Great Eastern - FY resuis out! Fy net profit is up 27 percent to 774m versus 610m last year! Proposed Final dividend of 40 cents. Payout very conservative cap at 46 percent. I think the results is not bad!

  

Great Eastern  - FY resuis out! Fy net profit is up 27 percent to 774m versus 610m last year! Proposed Final dividend of 40 cents.  Payout very conservative cap at 46 percent. I think the results is not bad! 





XD 30th April. 

Pay date 17 May.

Quote:

Since our interim results in August (2023), we changed our dividend approach. In the past we had a small interim and a substantial final dividend. We are trying to have a more consistent dividend between interim and final," says Ronnie Tan, GEH's group CFO.

"But, whatever dividend we declare, we will try to maintain it for the next year. Since we declared 40 cents per share as our final dividend, for our interim dividend for 2024, we will declare 40 cents; 40 cents is our new base, barring unforeseen circumstances,” adds Tan, speaking at the results briefing on Feb 26.

Total weighted new sales (TWNS) fell by 12% y-o-y in FY2023 to $1,659.4 million due to lower single premium sales from the Singapore market. New business embedded value (NBEV) fell 11% y-o-y to $762.1 million mainly due to lower sales. NBEV is a measure of the long-term profitability of new sales. 

Pls dyodd. 

Great Eastern  - Full Year results will be out tomorrow morning,  all eyes will be waiting to see if there will be any increase in Final dividend payout!



The current price of 18.24 is trading at an interesting yield level of 4.93%.

Yearly dividend is about 90 cents.

Pls dyodd. 


3rd quarter results report a 21% increased in net profit  to 180.2m. 

Great Eastern report a 21 per cent increase in net profit to S$180.2 million for the third quarter ended September, compared to S$149.3 million in the same period last year.

This came on the back of a 5 per cent increase in total weighted new sales to S$419.4 million.

3rd quarters net profit increased of 65 per cent to S$617.4 million. Good results! 

   

Great Eastern Holdings  - This insurance company is looking great to consider to accumulate at current price level which is trading near historical support level . A subsidiary company of OCBC bank! 3rd quarter results was good, therefore can look forward for the Final dividend of 55 cents on 26th February! Do take note! 


Re-entered at 17.58 waiting for the FY results to be released on 26th February morning!

Pls dyodd. 


Great Eastern Holdings - Chart wise, she has retreated from 18.38 and went down to touch 17.50 this morning.  Looks like the gains has more or less returning back to the market! Results is due on 26th February morning! Do take note!



At 17.50, estimating yearly dividend of 90 cents,  yield is about 5.14%.

The yield is not bad! 

Pls dyodd.

Great Eastern  - She is pulling back for those that are waiting sideline to board! Healthy profit taking! 



She is back to 17.93. I think

17.80 might be a good pivot point. 

Results will be out on 26th February 2024. Dividend is coming!

Pls dyodd.


Great Eastern  - She is looking great fir a nice breakout at 18.00 and rises higher towards 18.28 than 18.80!Final dividend of about 55 cents for FY RESULT in Feb,Huat ah!



Beyond that, she may likely retest the recent high of 19.25.

Pls dyodd.


 Chart wise,  bullish mode!



If she is able to reclaim 18.00 smoothly we may likely see her rising up to test 18.50 than 19.18.

Pls dyodd.

Yield is about 5.08% at 17.73.

Pls dyodd.


Founded in 1908, Great Eastern is the most established life insurance group in Singapore and Malaysia. With over S$100 billion in assets and more than 15 million policyholders, including 12 million from government schemes, we provide insurance solutions to customers through three successful distribution channels – a tied agency force, bancassurance, and financial advisory firm, Great Eastern Financial Advisers.

The Group also operates in Indonesia and Brunei and has a presence in China as well as a representative office in Myanmar.

Great Eastern is a subsidiary of OCBC Bank, established in Singapore since 1932. Our asset management subsidiary, Lion Global Investors Limited, is one of the leading asset management companies in Southeast Asia.

The Great Eastern Life Assurance Company Limited and Great Eastern General Insurance Limited have been assigned the financial strength and counterparty credit ratings of "AA-" by S&P Global Ratings since 2010, one of the highest among Asian life insurance companies.

Your trusted partner in general and group insurance

The Group's general insurance business is underwritten by its wholly-owned subsidiary, Great Eastern General Insurance Limited (GEG), formerly known as the Overseas Assurance Corporation Limited (OAC) founded in 1920.

Great Eastern General Insurance Limited (GEG) offers a wide range of commercial and personal line products and distributes its products through bancassurance, agents, brokers, financial advisors and direct channels.

GEG strives to make it easy for customers and intermediaries by providing them with responsive support, innovative products, fast claims and hassle-free enrolment. Our comprehensive suite of insurance solutions include Auto, Home, Travel, Personal Accident, Maid for retail customers and Small and Medium Business package and various Property and Casualty insurance for businesses.

Great Eastern is also one of Singapore’s top 3 insurers in the Group Insurance market and we provide insurance coverage for close to half a million employees and their families through our group insurance schemes.

With more than 40 years of experience in the Group Insurance and a subsidiary of OCBC Bank (the longest established Singapore bank, formed in 1932), our products are well received and trusted by HR professionals in the region with its financial strength and stability.
 

A leader in bancassurance

Great Eastern became the first insurer to establish a bancassurance network in Singapore in an exclusive partnership with OCBC Bank in 1992. Since then, we have strengthened our partnership and continue to be a market leader in bancassurance as we develop new growth opportunities in this area, to deliver our quality solutions and customer service with convenience to OCBC customers.
 

Great Eastern properties

Properties are an important part of the Great Eastern Life Assurance Co. Ltd, portfolio. We offer a selection of residential, commercial and retail units available for lease throughout Singapore.

ComfortDelGro - She has managed to close well at 1.50 again, beautiful! Need a nice breakout smoothly to take it further! Pls dyodd.

  ComfortDelGro  - She has managed to close well at 1.50 again, beautiful! Need a nice breakout smoothly to take it further! Pls dyodd.  Bre...