Ezotop

Wednesday, November 15, 2023

UOB - Added a bit today since it has been down for quite a while! Aiming for a nice rebound! Pls dyodd.

Added a bit today at 27.08 aiming for kopi money!








Last sold off at 29.60! At 27.08, yield is about 5.9%. 

If they boost it up the Final dividend to 0.85 same as the interim than we can see the yield of more than 6.2%. 

Pls dyodd. 

26th October 2023:


Gap down after the results announcement it seems like market is not in favor of the financial numbers! 

I think high probability of going down to test 27.00.

Pls dyodd.

3rd quarter results is out! 

Net interest income of  2429 is slightly lower as compared to 2nd quarter 2437m.









Other non-interest income of  436m is down 25% as compared to 2nd quarter of 581m. 

Net profit of 1382m  is down 2% as compared to 2nd quarter of 1415m and down 1% as compared to last year of 1403m.

I Think Results is not bad!

Pls dyodd. 

 TA wise,  bearish mode!

Look at the chart direction!

The trend is your friend!

Don't goes again the wrong direction!

I think market give ample notice to lock in profit! 

Short term wise,  she is heading down to test 27.13 than 26.98. 




Breaking down of 26.98 may see her sliding down toward 26 than 25 with extension to 23.75.

Pls dyodd.



Chart wise,  it has not been able to breakout of the bearish trend and likely see her drifting lower to retest 27m64 than 27.13 and 27.00.

Pls dyodd.


Chart wise,  bearish mode!



Short term wise,  I think likely to go down to test 28.00 than 27.64. 

Breaking down of 27.64 we may see her drifting lower towards 27.13 than 26.98.

Please dyodd.


 TA wise, bearish mode!



I think high chance for her to breakdown 27.63 that may present a good candidate for shorting! 

Breaking down of 27.63 plus high volume she may likely go lower to test 27.13 than 26.98.

NAV 25.13. This might be a gd pivot entry point for long term horizon.  

Not a call to buy or sell!

Please dyodd. 

 Chart wise,  bearish mode!

Sold down after Ex.dividend of 0.85 on a few days ago from 29.82 to close at 28.62, it has retreated more than its dividend of 85 cents! 



Short term wise,  I think likely to go down to test 28.00 than 27.13/27.00.

Not a call to buy or sell!

Please dyodd.


Prime USD Reit - (OXMU.SI) - Finally, She has a Nice rebound! Good sign! Looks like she has rebounded from the bottoming price, looks rather bullish!

 Chart wise, bullish mode!



I think she may rise up to test 16.6 cents .

A nice breakout of 16.6 cents plus good volume i think likely to see her rising up further to tesr 18.8 cents , 20.5 cents than 26 cents.

Pls dyodd.

 Chart wise, she has managed to bounce-off from the low of 0.087 cents and closed well with 2 bullish candlesticks at 0.113 looks rather interesting! 



As reflected on the chart, the 2 bullish candlesticks accompanied with high volume looks rather positive as this signify Fund are flowing into this counter! 

Short term wise,  I think this bullish momentum will continue and likely push the price higher towards 0.14 than 0.166 , 0.188 and 0.255. 

NAV is about 0.70.

Yearly dividend is about 4.9 USD cents.

Yield is a whopping 44% at current price of 0.113.

Please take note 3rd quarter results update on 7th November 2023.

I think golden opportunity is here!

Not a call to buy or sell!

Pls dyodd.


Daiwa Hse Log Tr - Wah, A nice bullish candlestick showing up on the chart looks rather positive! Closed 2.5 cents higher at 56 cents , Awesome! Likely to rise up further!

 Finally,  we have witnessed the whole reit sector is in the green today! This is probably due to the cpi data from US which was reported better than expected at 3.2%.



Overall good news for the market!

Hopefully,  Bank can drop more than we can see opportunity coming back! 

Pls dyodd.

 Daiwa Hse Log Trust  - A rare Logistics Trust in Japanese.

I think is a gems which is quite highly under-rated with yield of more than 9%, stable dpu of 5.2 cents , gearing below 40% plus long WALE! 

I think is a gd pivot point! 

At 53.5 cents, yield is 9.7%. 



Chart wise,  it has managed to bounce-off from 50 cents and closed well at 53.5 cents looks rather bullish!

Short term wise,  I think likely to rise up to test 56 cents than 59.5 cents.

Pls dyodd. 

Daiwa Hse Log Tr - 3rd quarter results is out! 






Gross Revenue  is up 4.8%  and NPI is up 3.9%. Distribution income is up 2.2% to SGD 27m. 

100 percent occupancy,  low gearing,  I think the results is good!

Estimating yearly dpu of 5.2 cents,  yield is 10% at current price of 52 cents.

Pls dyodd. 

Tuesday, November 14, 2023

Keppel infra Tr - Hosey, she is rising up to test 50 cents again! Free dividend!

After Ex.dividend,  she has went down to touch 45.5 cents and is now slowly recovering! Looks rather bullish and she may rise up to test 50 cents again! 



Next resistance is at 52 cents. 

Pls dyodd.  

  Indeed, it has risen up to test 50 cents and close lower at 46 cents after went Ex.dividend 2 days ago, looks like good price is back! 



Yield is about 8.4% at 46 cents.

Please dyodd.

Fantastic! Price Gap up and closed +4.5 cents to close at 48.5 cents  looks rather positive! 



I think likely to rise up to test 50 than 52 cents.

XD 9 November.  Pay date 20 November. I think cash 

Flow is good pay out so fast! 

Please dyodd. 

WOW! It come with a big surprise! Dont really expect a special dividend cum interim dividend for 9th months results update,  Fantastic! 





Total distribution income is up 93% to 266.1m.

DpU is up 82.5% to 5.23 cents versus 2.865 cents last year. 

 Awesome! 

Special dividend of 2.33 cents plus interim of 0.97 cents . Total 3.27 cents . Solid!

XD 9 November.  Pay date 20th November. 

Gearing 36.8%.

I think the results is very good!

Not a call to buy or sell!

Pls dyodd.


Yearly dividend is about 3.86 cents. 

Yield is about 8.3%. 



Chart wise, a long and bullish pin bar appearing on the chart yesterday,  looks like Bull is in control as she has managed to bounced off from 44 cents to close at 46.5 cents looks rather positive!

Short term term, let's monitor and see if she can rise up to reclaim 50 cents! 

Please dyodd.



Results is out!

Distribution income is up 51% to 132.8m.

Dividend increase 1% to 1.93 cents.

XD 2nd August.  Pay date 11 August. 



 First Half results will be out on 26th July 2023, dividend is coming , awesome!

Wonder will there be any increase in dividend payout!

Yield is about 7.41% at 0.515.

Pls dyodd.

 Keppel Infrastructure Trust (KIT) is the largest diversified business trust listed in Singapore with approximately $7.3 billion in assets under management.



The Trust was constituted on 5 January 2007 under the laws of the Republic of Singapore and registered with the Monetary Authority of Singapore (registration number 2007001).

KIT’s portfolio comprises strategic businesses and assets in the three core segments of Energy Transition, Environmental Services, and Distribution & Storage. These businesses and assets provide essential products and services across a broad range of industries; and generate regular and resilient cash flows, with potential for growth that is supported by favourable long-term market dynamics and demand. This is in line with KIT’s long-term goal of delivering sustainable and growing returns to Unitholders, through a combination of recurring distributions and capital appreciation.

Keppel Infrastructure Fund Management Pte Ltd (KIFM) is the Trustee-Manager of KIT. KIFM is a wholly-owned subsidiary of Keppel Capital, a premier asset manager with a diversified portfolio in real estate, infrastructure, data centres and alternative assets in key global markets.

Keppel Infrastructure Holdings Pte. Ltd., a wholly-owned subsidiary of Keppel Corporation Limited, is the Sponsor of KIT.

Business: Sole producer and retailer of piped town gas, and green energy solutions provider
Customer: Approximately 886,000 residential, commercial and industrial customers


With a long heritage of 160 years as Singapore’s sole provider of piped town gas, City Gas has transformed into City Energy to provide innovative green energy solutions that meet the needs of a growing city. City Energy produces and distributes piped town gas safely and reliably to approximately 886,000 residents, commercial and industrial customers islandwide, while offering low-carbon, IoT-enabled home solutions and electric vehicle charging services through City Energy Life and City Energy Go. To reduce carbon emissions, City Energy is also exploring green hydrogen as part of town gas production.

City Energy’s facility in Singapore, Senoko Gasworks, has a production capacity of 1.6 million m3 per day. As the only facility producing town gas in Singapore, Senoko Gasworks generates town gas using three continuous reforming plants and five cyclic reforming plants, each with a production capacity of 200,000 m3 per day. The plants are equipped to use both natural gas and light virgin naphtha as feedstock. The town gas produced can either be stored in two spherical gasholders or sent out through the distribution network to customers. Every day, gas production is monitored, controlled and directed 24 hours a day from a central control room. At the heart of the central control room is a fully automated distribution control system. The computerised distribution control system enables the experienced plant controllers to operate, monitor and oversee the gas production and ancillary plant. 

Business: 2,310 tonnes/day waste incineration concession
Customer: NEA, Singapore’s national environment agency
Contract Terms: 15 years till 2024
Operations & Maintenance Operator: Keppel Seghers


Senoko Waste-to-Energy Plant (Senoko WTE Plant) is the third waste incineration plant built in Singapore and is one of four incineration plants currently operating. It was commissioned in 1992 with a land area of 7.5 ha.

Senoko WTE Plant is equipped with six incinerator-boiler units with two condensing turbine-generators offering a power generation capacity of 2 x 28 MW. Waste incineration is carried out at the plant 24 hours a day throughout the year.

Senoko WTE Plant underwent a flue gas treatment system upgrade in June 2012, which was completed within the contracted timeframe and budget, and with an accident-free safety record.

On 26 September 2014, the trust entered into an agreement with NEA to progressively increase the contracted incineration capacity of the plant by up to 10% from 2,100 tonnes per day to 2,310 tonnes per day between July 2015 and September 2016. The capacity payments from NEA were correspondingly increased with the completion of each incineration unit upgrade, with the sixth and final unit upgrade being completed with effect from 1 September 2016.

Following the decommissioning


of Ulu Pandan Incineration Plant by the Singapore government in August 2009, Senoko WTE Plant became the only waste incineration plant located in the northern part of Singapore. The plant is also the only waste incineration facility located outside of the Tuas area (which is in the western part of Singapore) and this positions it to serve the eastern, northern and central areas of the country.


Business: Industrial infrastructure business supplying key water treatment chemicals, industrial and specialty chemicals
Customer: Over 8,000 customers comprising municipals and blue-chip companies


Ixom is a leading industrial infrastructure business in Australia and New Zealand, that provides specialised source water, water and wastewater treatment solutions critical to a clean water supply. Ixom is also a supplier of essential chemical products and solutions for a range of industries.

In Australia, Ixom is the sole manufacturer and provider of liquefied chlorine, as well as the leading provider of manufactured caustic soda. The group is also one of the largest bulk and packaged chemical distribution businesses in Australia and New Zealand. The chemicals manufactured and distributed by Ixom are fundamental components used in a range of industries including the water treatment, dairy and agriculture, mining, construction and nickel refining sectors, most of which have favourable demand outlooks.

Ixom is supported by about 1,000 employees and its business is underpinned by the extensive scale and strategic locale of its assets, facilities and distribution network, which are in close proximity to key ports and customers. The locations of its assets and facilities allow Ixom to benefit from lower transportation costs, while ensuring reliability and timely delivery of its products and services to its customers in a safe manner.

Yearly dividend of 3.82 cents. 

Yield is about 7.7%.

Dividend payout half yearly basis of 1.91 cents.


Chart wise,  she is slowly rising up from 0.48 to close at 0.495, looks like it is gaining strength! 

If it can cross over 

0.505 smoothly plus gd volume that may likely rise further up to test 0.525.

Next resistance level is at 0.545.

Please dyodd.

Keppel DC Reit - Wah, Nice rebound, did you manage to jeep some! Now 1.88-1.89, Awesome!

Wah, she is back to 1

85-1.86! If, 1.80 may be opportunity is back again! 



Locked in profit at 1.91. Awesome!

Closed at 1.92. Let's wait for the next opportunity!




Wah, Nice Gap up this morning,  looks rather bullish!

I think she may rise up ro test 1.99-2.00.

Pls dyodd. 



I think nice profit taking and corrected back to 1.78, I think opportunities is back! 



Nibbled some at 1.78.

Please dyodd.

 

Swee! Locked in kopi money at 1.85. EP https://sporeshare.blogspot.com/2023/11/yesterday-nice-white-soldier-appeared.html?m=1. Awesome!



Chart wise, looks rather interesting as she has managed to bounce-off from 1.68 and rises higher to touch 1.76!



Waiting for reversal signal to kick in .

I think likely to rise up to test 1.81-1.82.

Pls dyodd. 

 At 1.70, yield is about 5.85%.


The director has bought back some share at 1.71 on 26th October. It might a an indication good price is here! 




 Last Friday,  it has broken down the support at 1.80 and closed lower at 1.72 looks like BEAR is in control!





At this rate of falling,  it may go down to test 1.59 again!

NAV 1.39. If 1.59 cannot hold then we may see her going further down to test 1.50 than 1.40 with extension to 1. 31.

Pls dyodd.

 Yesterday,  it has broken down the support at 1.90 and went further down to test 1.79 before closing at 1.82. The volume is high indicating there are more seller than buyers.



Short term wise,  if 1.80 cannot hold, next, we may see her going down tobtest 1.75 than 1.70 with extension to 1.59.

At 1.81, yield is about 5.46%. At least it is closing up the different in yield with most of the index reit  

Pls dyodd.


Indeed,  she has broken down the support at 1.98 after the 3rd quarter results released! I think market in not in favor of this set if financial numbers judging from the selling off down 11 cents to close at 1.90.

NAV is 1.39.

P/B is 1.44.




If the support at 1.89 cannot hold,  she mat likely go down to test 1.80 than 1.75 with extension to 1.60.

Pls dyodd.


DPU) of 2.492 cents for the 3QFY2023 ended Sept 30, a 3.6% decrease from the same period a year ago. 

9MFY2023 of 7.543 cents is lowered than last year DPU of 7.634 cents. 

For the three-month period, distributable income dropped by 6.5% y-o-y to $43.9 million. The REIT says that this is mainly due to higher finance costs and less favorable forex hedges, which were partially offset by higher finance income and tax savings. Its 9MFY2023 distributable income stands at $135 million, 2.1% lower y-o-y.





Yield is about 5% at 1.99.
I think a good pivot point might be at 1.81 about 5.5% yield! 

Chart wise, bearish mode! 
Immediate support is at 1.98.
Next support is at 1.90-1.91.
If 1.90 cannot hold,  we may likely see her going down to revisit 1.80 than 1.75.

Not a call to buy or sell!
Pls dyodd.

Keppel Corp - Chart wise, bearish mode! Likely to continue to trend lower!

 Chart wise, if she is not able to hold at 6.00/5.99 then it may likely go further South!.



Thw next support is at about 5.65 follow by 5.15.

NAV is 6.10.

Yearly Dividend is about 0.328.

Yield is about 6.2% at 6.20.

Not a call to buy or sell!

Please dyodd.


Monday, November 13, 2023

DBS Group (Update) - Dropping more than its dividend of 48 cents doesnt look good!

This morning Gap down plus dropping more than its dividend of 48 cents doesn't look good!



If 32.38 cannot hold,  she may likely go down to test 31.24 than 30.24 - 30.51.

Pls dyodd.

 dividend of 48 cents.

Ex.dividend 14th November. 



I think likely to go further down to test 32.65 than 32.35/32.00.

Not a call to buy or sell!

Pls dyodd.


  Chart wise, looks like the fund are selling judging from the bearish price patterns! 



A long a bearish candlestick plus high volume likely to see further weakness! 

Short term wise,   I think likely to go down to test 33.00 than 32.65 and 32.35 / 32.00.

Pls dyodd. 


 DBS Group reported net profit of S$2.59 billion for the third quarter ended September, 16 per cent higher than earnings of S$2.24 billion.





NIM is up . Net Fee income also up.

9 month Net profit is up 35% to 7.89b.

ROE is 18.6%.

A beautiful sets of financial numbers!

Declared interim dividend of 48 cents. 

XD 14 Nov.

Not a call to buy or sell!

Pls dyodd. 


Sunday, November 12, 2023

DBS Group - XD Tomorrow 14 Nov, Lets see how will market react!

dividend of 48 cents.

Ex.dividend 14th November. 



I think likely to go further down to test 32.65 than 32.35/32.00.

Not a call to buy or sell!

Pls dyodd.


  Chart wise, looks like the fund are selling judging from the bearish price patterns! 



A long a bearish candlestick plus high volume likely to see further weakness! 

Short term wise,   I think likely to go down to test 33.00 than 32.65 and 32.35 / 32.00.

Pls dyodd. 


 DBS Group reported net profit of S$2.59 billion for the third quarter ended September, 16 per cent higher than earnings of S$2.24 billion.





NIM is up . Net Fee income also up.

9 month Net profit is up 35% to 7.89b.

ROE is 18.6%.

A beautiful sets of financial numbers!

Declared interim dividend of 48 cents. 

XD 14 Nov.

Not a call to buy or sell!

Pls dyodd. 


Venture Corporation - Hosey! She has manged to climb higher and closed well at 14.23, almost approaching the recent high of 14.74 if you add back the dividend of 50 cents. Looks rather bullish! Likely to continue to trend higher!

  Venture Corporation  - Hosey! She has manged to climb higher and closed well at 14.23, almost approaching the recent high of 14.74 if you ...