Ezotop

Wednesday, January 10, 2024

ParkwayLife Reit - locked in 3rd round of kopi money at 3.70, Fantastic! Now waiting for her to come back to 3.60 or 3.50 to re-enter again! Please dyodd.

I think healthy profit taking is happening! She may go down to revisit 3.60 or worst case situation 3.50. 



Pls dyodd. 


ParkwayLife Reit  - The One And Only Healthcare reit locally, I think is like parking money at Fixed Deposit yielding 4.15% at 3.55, Seems not bad! Much higher than CPF OA! It come with certain degree of risk as price may fluctuate! Chart wise, seem like it has managed to bounce-off from 3.39 looks rather positive!

I think reit has slowly recovering due to interest rate peaked and paused and the likelihood of  3 rate cut in Y2024. This may augur well for reit!



Nibbled a bit at 3.50. 



I think reit reporting season in Jan/Feb 2024, dividend is coming! Nice!

Pls dyodd. 

She has managed to bounce-off from 3.40 and is now hovering at 3.47 to 3.51 level looks rather interesting! 



Yield is about 4.2% at 3.47.

Today nibbled a bit at 3.47. Last sold off at 3.63(EP 3.50).

Aiming for kopi money as reit has rebounded dus to rate paused on November.  If December another rate paused then we may see reit counter rising up further.

Pls dyodd.

She has broken down 3.48 level looks like Bear is in control! We may see further selling down pressure!



Likely to go down to revisit 3.34-3.30.

Pls dyodd. 

She had retreated from 3.63 to go down to touch 3.51 this morning,  luckily I had secured the profit and another opportunity is back again if she goes back to 3.50 and below! 



Pls dyodd. 


Locked in kopi lui yesterday at 3.62.



Waiting for the next opportunity!

Pls dyodd. 


 Entered a bit at 3.50.



Kopi money is coming! 

Queueing 3.65 to lock in the profit!

Pls dyodd. 


 I think boat is back! 



At 3.46, yield is about 4.21%. This is like a FD fixed income product that has a long WALE seem rather interesting!

It has been corrected from above 4.50 to 3.46, I think good price is back! 

Please dyodd.

 She has managed to recover from the low of 3.34 and rises higher to touch 3.56 and taking a breather to close at 3.50. Looks like the Bull has managed to take control of the Bear. This is rather bullish!



Short term wise  I think likely to rise up to retest 3.56-3.57. A nice breakout smoothly may drive the price higher towards 3.70 and beyond!


Pls dyodd. 


I think the results is not bad!

Gross Revenue is up 24.6% to 110.89m and NPI is up 26.2% to 104.5m.





Dpu is up marginally 1.5% to 3.7 cents versus 3.645 cents last quarter. 

Nine months dpu is up 2.8% to 10.99 cents versus 10.79 cents last year. 

At 3.36, yield is about 4.36% estimating yearly dpu of 14.69 cents.

Not a call to buy or sell!

Pls dyodd. 

Parkway Life REIT ("PLife REIT") is one of Asia's largest listed healthcare REITs. It invests in income-producing real estate and real estate-related assets used primarily for healthcare and healthcare-related purposes. As at 31 March 2023, PLife REIT's total portfolio size stands at 61 properties totalling approximately S$2.20 billion.




Mission

To deliver regular and stable distributions and achieve long-term growth for our Unitholders.

Our Growth Strategy

PLife REIT is firmly guided by its principle of staying prudent and focused in its growth strategy, focusing on:

As at 31 March 2023, PLife REIT has successfully expanded its total portfolio to 61 properties, including hospitals and medical centres in Singapore, Malaysia and 57 healthcare-related assets in Japan, worth approximately S$2.20 billion1.

Targeted Investment

As PLife REIT continues to be on the lookout for high-quality, yield-accretive acquisition opportunities in the region, it remains discerning and prudent in its approach of acquiring assets that are not only value -generating, but also preserve the long-term defensiveness of the overall portfolio.


Proactive Asset Management




Through proactive asset management, PLife REIT constantly strives to maximise portfolio performance in order to enhance the revenue-generating ability of its properties and ensure sustainable earnings for its Unitholders.

As part of PLife REIT’s initiative to drive organic growth and foster good Landlord-Lessee relationships, it seeks to work closely with its Lessees to understand their operational requirements and embark on Asset Enhancement Initiatives (“AEIs”) which are tailored to suit the needs of its healthcare operators and end users of the properties. Such strategic collaborative arrangements serve to benefit all parties and promote greater revenue sustainability for PLife REIT.

PLife REIT has, leveraging on its clustering/ partnering approach and good landlord-lessee relationships, successfully expanded its nursing home portfolio and completed 14 AEIs in Japan since its maiden entry in 2008 and one at its Malaysia property (Gleneagles Intan Medical Centre Kuala Lumpur).

Moving forward, PLife REIT remains committed to exploring and rolling out more of such AEIs across its entire portfolio to extract the greatest value from its properties. To further strengthen PLife REIT's earnings resiliency, it is also focused on consolidation efforts for its Japan portfolio to optimise operating synergies and achieve greater cost savings.

Capital and Financial Management

PLife REIT aims to maintain a strong financial position through prudent and dynamic capital and financial management, to ensure continuous access to funding at optimal cost, maintain stable distributions to Unitholders and achieve a steady net asset value.

As at 31 March 2023, PLife REIT's gearing was 37.5% which complied with the stipulated Aggregate Leverage limit1. The interest coverage ratio stood at 15.6 times2.

Dynamic liability and liquidity risk management

PLife REIT adopts a dynamic and pro-active approach for its liability and liquidity risk management. Our key liability and funding management strategies in support of our regional growth aspirations are:

1) To achieve diversified funding sources at an optimal cost
Diversify our funding sources from a panel of high quality banks, establishing and maintaining our Debt Issuance Programme and other financing sources to attain varied liability tenure, with the end objective of maintaining the most optimal financing cost mix.

2) To enhance the defensiveness of PLife REIT's Balance Sheet strength
Dynamically manage our debt maturity profile to ensure well-spread debt maturities and at the same time, to maintain an optimal capital structure.

Tactical approaches adopted in view of the above strategies are:

a) Conscientious effort in lengthening and spreading out the debt maturity period;
b) Cultivating and maintaining a panel of key banks to support our long term growth;
c) Establishing alternative source of fund. In this respect, PLife REIT, through its wholly-owned subsidiary, Parkway Life MTN Pte Ltd (the “MTN Issuer”), put in place a S$500 million Multicurrency Debt Issuance Programme to provide PLife REIT with the flexibility to tap various types of capital market products including issuance of perpetual securities when needed. On 6 December 2022, the Group issued a 6-year JPY5.0 billion and a maiden 7-year JPY6.04 billion fixed rate notes to pre-emptively refinance existing fixed rate notes due in 2023 and term out the JPY short-term loans drawn down for acquisition financing. As at 31 March 2023, there were five series of outstanding unsecured fixed rate




notes amounted to JPY19.84 billion3 (approximately S$202.6 million) issued under the Debt Issuance Programme, which diversified PLife REIT’s funding sources.
d) Minimising near-term refinancing risk through pre-emptive terming out current debts. With the new notes issuance, PLife REIT has effectively managed its debt maturity profile with no immediate long-term debt refinancing needs until February 2024.

Financial risk management

PLife REIT adopts prudent financial risk management to manage the exposure to interest rate risk and foreign currency risk. Our policy is to hedge at least 50% (up to 100%) of all financial risks.

Interest rate risk is managed on an ongoing basis with the primary objective of limiting the extent to which net interest expenses could be affected by adverse movements in interest rates, by hedging the long term committed borrowings through the use of interest rate hedging financial instruments. For the foreign exchange ("Forex") risk management, we strive to hedge Forex risk on principal which will allow PLife REIT to maintain a stable net asset value, as the Forex fluctuation on foreign asset will offset the Forex fluctuation of the hedging instrument. We also aim to hedge the Forex risk on net overseas income which will provide PLife REIT with stability in distributable income, as PLife REIT will be shielded from exchange rate fluctuation on foreign income.

As at 31 March 2023, the Group has put in place Japanese Yen forward exchange contracts till 1Q 2027 and about 78% of interest rate exposure is hedged.

Chart wise,  bullish 

 

Parkway Life REIT ("PLife REIT") is one of Asia's largest listed healthcare REITs. It invests in income-producing real estate and real estate-related assets used primarily for healthcare and healthcare-related purposes. As at 31 March 2023, PLife REIT's total portfolio size stands at 61 properties totalling approximately S$2.20 billion.

Mission

To deliver regular and stable distributions and achieve long-term growth for our Unitholders.

Our Growth Strategy

PLife REIT is firmly guided by its principle of staying prudent and focused in its growth strategy, focusing on:

As at 31 March 2023, PLife REIT has successfully expanded its total portfolio to 61 properties, including hospitals and medical centres in Singapore, Malaysia and 57 healthcare-related assets in Japan, worth approximately S$2.20 billion1.

Targeted Investment

As PLife REIT continues to be on the lookout for high-quality, yield-accretive acquisition opportunities in the region, it remains discerning and prudent in its approach of acquiring assets that are not only value -generating, but also preserve the long-term defensiveness of the overall portfolio.


Proactive Asset Management

Through proactive asset management, PLife REIT constantly strives to maximise portfolio performance in order to enhance the revenue-generating ability of its properties and ensure sustainable earnings for its Unitholders.

As part of PLife REIT’s initiative to drive organic growth and foster good Landlord-Lessee relationships, it seeks to work closely with its Lessees to understand their operational requirements and embark on Asset Enhancement Initiatives (“AEIs”) which are tailored to suit the needs of its healthcare operators and end users of the properties. Such strategic collaborative arrangements serve to benefit all parties and promote greater revenue sustainability for PLife REIT.

PLife REIT has, leveraging on its clustering/ partnering approach and good landlord-lessee relationships, successfully expanded its nursing home portfolio and completed 14 AEIs in Japan since its maiden entry in 2008 and one at its Malaysia property (Gleneagles Intan Medical Centre Kuala Lumpur).

Moving forward, PLife REIT remains committed to exploring and rolling out more of such AEIs across its entire portfolio to extract the greatest value from its properties. To further strengthen PLife REIT's earnings resiliency, it is also focused on consolidation efforts for its Japan portfolio to optimise operating synergies and achieve greater cost savings.

Capital and Financial Management

PLife REIT aims to maintain a strong financial position through prudent and dynamic capital and financial management, to ensure continuous access to funding at optimal cost, maintain stable distributions to Unitholders and achieve a steady net asset value.

As at 31 March 2023, PLife REIT's gearing was 37.5% which complied with the stipulated Aggregate Leverage limit1. The interest coverage ratio stood at 15.6 times2.

Dynamic liability and liquidity risk management

PLife REIT adopts a dynamic and pro-active approach for its liability and liquidity risk management. Our key liability and funding management strategies in support of our regional growth aspirations are:

1) To achieve diversified funding sources at an optimal cost
Diversify our funding sources from a panel of high quality banks, establishing and maintaining our Debt Issuance Programme and other financing sources to attain varied liability tenure, with the end objective of maintaining the most optimal financing cost mix.

2) To enhance the defensiveness of PLife REIT's Balance Sheet strength
Dynamically manage our debt maturity profile to ensure well-spread debt maturities and at the same time, to maintain an optimal capital structure.

Tactical approaches adopted in view of the above strategies are:

a) Conscientious effort in lengthening and spreading out the debt maturity period;
b) Cultivating and maintaining a panel of key banks to support our long term growth;
c) Establishing alternative source of fund. In this respect, PLife REIT, through its wholly-owned subsidiary, Parkway Life MTN Pte Ltd (the “MTN Issuer”), put in place a S$500 million Multicurrency Debt Issuance Programme to provide PLife REIT with the flexibility to tap various types of capital market products including issuance of perpetual securities when needed. On 6 December 2022, the Group issued a 6-year JPY5.0 billion and a maiden 7-year JPY6.04 billion fixed rate notes to pre-emptively refinance existing fixed rate notes due in 2023 and term out the JPY short-term loans drawn down for acquisition financing. As at 31 March 2023, there were five series of outstanding unsecured fixed rate




notes amounted to JPY19.84 billion3 (approximately S$202.6 million) issued under the Debt Issuance Programme, which diversified PLife REIT’s funding sources.
d) Minimising near-term refinancing risk through pre-emptive terming out current debts. With the new notes issuance, PLife REIT has effectively managed its debt maturity profile with no immediate long-term debt refinancing needs until February 2024.

Financial risk management

PLife REIT adopts prudent financial risk management to manage the exposure to interest rate risk and foreign currency risk. Our policy is to hedge at least 50% (up to 100%) of all financial risks.

Interest rate risk is managed on an ongoing basis with the primary objective of limiting the extent to which net interest expenses could be affected by adverse movements in interest rates, by hedging the long term committed borrowings through the use of interest rate hedging financial instruments. For the foreign exchange ("Forex") risk management, we strive to hedge Forex risk on principal which will allow PLife REIT to maintain a stable net asset value, as the Forex fluctuation on foreign asset will offset the Forex fluctuation of the hedging instrument. We also aim to hedge the Forex risk on net overseas income which will provide PLife REIT with stability in distributable income, as PLife REIT will be shielded from exchange rate fluctuation on foreign income.

As at 31 March 2023, the Group has put in place Japanese Yen forward exchange contracts till 1Q 2027 and about 78% of interest rate exposure is hedged.

Chart wise,  bearish mode!



Looks like gd price is back!

With bullish pin bar appearing on the chart we may see a throw-back reaction from the current price level of 3.74.

NAV is about 2.33.

Yearly dividend is about 14.5cents.

Yield is about 3.87 % based on current price of 3.74

Not a call to buy or sell!

Please dyodd. 






Monday, January 8, 2024

NetLink NBN Tr - She is looking great to conquer 86 cents and rises higher towards 88 than 91 cents! Do take note! Yield is more than 6%!

 Chart wise,  bullish mode!



Short term wise,  I think she is rising up to reclaim 86 cents ! A nice breakout smoothly plus good volume that may likely see her rising up towards 88 than 91 cents! Pls dyodd.


 At 83.5 cents,  yield is of 6.35% for this dividend counter of which I think is a great opportunity to take note of! 



XD 16th November 2023. Yearly dividend is 5.3 cents. 

Not a call to buy or sell!

Pls dyodd. 

NetLink NBN Tr  - 2nd quarter results is out! Gross Revenue is u0 2.9% to 205.3m. Net profit is down 3.1% to 52.88m. Interim dividend is up 1.1%  to 2.65 cents .




I think results is almost flat. 

Net gearing is 21.5%.

XD 16 Nov.

At 84 cents, yield is about 6.3%. 

I think the results is not bad!

Please dyodd.


 I think good price is here! Yield is of about 6.1% at 0.855. This is even much higher than Singapore Government Bond of 3.16%. THIS counter is like  FD account which is consistently paying out dividend of 5.2 cents annually. I think opportunity is back! 

Please dyodd.



 NetLink NBN Trust  - 1st quarter update is out, Net profit is up 2.1percent to 28.2m, total Revenue is up 6.2 percent to 103.9m.



Yearly dividendis about 5.24 cents. Yield is 6.1% at 0.86.

I think the resultsis stable and yield is good 

Please dyodd.


NetLink NBN Trust (the "Trust") was established in 2017 primarily for the purpose of owning all of the units of NetLink Trust ("NLT"), through which NetLink NBN Trust owns the only nationwide fibre network supporting Singapore's Nationwide Broadband Network ("NBN").



NLT designs, builds, owns and operates the passive fibre network infrastructure of Singapore’s NBN. An initiative led by the Singapore government, the NBN aims to enhance the competitiveness of the economy through nationwide ultra-high-speed broadband access. By providing an open, wholesale access to our fibre network, telecommunication operators can focus on offering innovative products and services to consumers and businesses without incurring high fixed costs.

We offer primarily three types of end user connections:
(a) Residential
(b) Non-residential
(c) Non-Building Address Point (NBAP)

NetLink NBN Trust was listed on the Main Board of the Singapore Exchange Securities Trading Limited on 19 July 2017. It is a constituent of the FTSE ST Large & Mid Cap Index, FTSE ST Singapore Shariah Index and the MSCI Global Small Cap - Singapore Index.

The future of fibre is unlimited. With its capability to transmit an infinite amount of data at scalable speed, it is an ideal medium to support the unabated growth of the Internet of Things (IoT), 5G, cloud computing, autonomous driving, smart manufacturing, remote surgery and other digital applications.

NAV 0.675.

Yearly dividend of 5.2 cents. 

Yield is 6%.

FY results for 2022.

Total Revenue increase 6.8% to 403m.



Final dividend of 2.62 cents is being declared! 



Chart wise, it has corrected from 0.91 to close at 0.865 after ex.dividend seem like a gd entry pivot point! 



Not a call to buy or sell!

Please dyodd 




SATS - Finally, A Nice Breakout of 2.78 and closed well at 2.80 coupled with high volume this is rather positive! Likely to continue to rise up further towards 3.00 and above!

 SATS - Finally, A Nice Breakout of 2.78 and closed well at 2.80 coupled with high volume this is rather positive! Likely to continue to rise up further towards 3.00 and above! 

Pls dyodd. 




She is taking a breather after hitting the high of 2.78. I think likely to rise up to test 2.78.



A nice crossing over smoothly would like rise up towards 2.85 and above!

Pls dyodd.

Wah, Nice Breakout this morning at 2.74! 



Pathing way for 2.85!

Pls dyodd.

  I think if they didn't acquired WFS most probably they are back to profitability plus resuming paying out dividend. 

But due to the acquisition of WFS I think it may take at least 1-2 years to see the results! 



Chart wise, bullish mode!

Short term wise,  I think likely to rise up ti test 2.74! 

A nice breakout smoothly plus good volume we may likely see her rising up towards 2.83 than 3.00.

Please dyodd.

 Food Solutions 

At SATS, we believe that people should have the choice to eat better, improving their health and well-being with tasty, authentic meals made from responsibly sourced ingredients.

As a leading food solutions provider in Asia, we combine technology with the passion, creativity, and talent of our people to develop quality food products and services for a wide range of customers across a multitude of industries.

Our list of services includes aviation, commercial and institutional catering, food production and distribution capabilities, as well as a growing network of central kitchens for food service chains and institutions.



Full Service Carrier Catering

With two large-scale airline catering centres that can produce up to 120,000 meals a day, state-of-the-art food technologies and an in-house panel of international award-winning SATS Culinary Consultants (SCC), we are well-equipped to deliver quality and innovative food solutions that meet the needs of our full service airline customers.

Our diverse capabilities include ethnic specialty kitchens that cater to Chinese, Thai, Indian, Muslim, Japanese and other cuisines along with a dedicated Halal Boutique Bakery and an artisanal chocolate studio. 

Meals from a curated selection of over 800 weekly inflight menu types, including buy-on-board meals, are prepared in compliance with stringent food safety regulations and tested in Simulated Aircraft Cabins to ensure optimal taste and quality.

To enhance our competitiveness, we tap on people-led technological innovations to increase productivity and improve food quality so as to meet the growing demands for affordable food solutions.

Institutional Catering

As part of our Food Solutions business, SATS works closely with our institutional customers to develop delicious, nourishing meals and customised end-to-end services that help to promote better health and eating habits.  

Equipped with state-of-the-art technology, our passionate team of dietitians, food technologists and in-house panel of award-winning SATS Culinary Consultants work together to develop new and authentic recipes, curating fresh, tasty and nutritious menus that meet the unique requirements of our customers.

From large-scale catering to tailored in-patient menus and youth engagement efforts, we are proud to use our expertise, technology and culinary creativity to support the work of healthcare providers, educational institutions and government agencies.

OUR SERVICES

Healthcare

SATS plays a vital role in supporting the patient care journey by providing customised end-to-end food service solutions, delivering tasty and nutritious meals to hospitals as well as intermediate and long-term care facilities.

Tapping on decades of experience and the use of innovative food technology, our team of trained dietitians, chefs and catering professionals work with healthcare institutions to develop tailor-made in-patient menus, therapeutic and textured meals and pantry supplies in compliance with stringent hospital guidelines and food safety regulations.




Our range of integrated solutions also include food concierge services and staff lounge management.





Food-service Solutions and Distribution

As Asia’s leading food solutions provider, we are passionate about providing quality, sustainable and healthy food to our customers around the region.


Our food-service solutions comprise an extensive list of products from around the world including nourishing soups and sauces, stringently sourced meat and seafood, frozen food, as well as delicious ready-to-eat and ambient meals. 


To meet the growing demand for healthier and more sustainable food solutions, we are constantly enhancing our offerings with the introduction of new and innovative options such as plant-based proteins and sustainable food packaging. 


An expanded sourcing and distribution network through our wholly-owned subsidiary, Country Foods Pte. Ltd (Country Foods) – one of Singapore’s largest food importers, distributors and manufacturers, provides valuable access to markets across the region.


With a Digital Integrated Supply Chain, which provides turnkey solutions with end-to-end logistics, warehousing, sourcing and procurement capabilities, we serve as the ideal one-stop, go-to-market platform for food-service solutions in Asia.


OUR SERVICES


Meat and Seafood


As one of our wholly-owned subsidiaries, Country Foods is the biggest meat importer, distributor and processor in Singapore with more than 1,000 clients and 800 white-label and branded products, including Farmpride and Amir’s. 


In addition to our extensive range of quality meat including Halal-certified frozen poultry, seafood and delicatessen offerings, we also provide a selection of alternative plant-based proteins through brands such as Impossible Foods. 


The use of innovative new ingredients together with our culinary expertise and capabilities enables us to develop new culinary concepts, grow our range of sustainable, premium food products while serving as a springboard for sustainable food businesses across the region.


GATEWAY SERVICES

We specialise in providing our customers with peace of mind.


As the region’s leading gateway services provider, SATS takes pride in our ability to handle the seamless flow of passengers, flights and cargo, at one of the busiest airports in the world. 

Applying decades of experience and state-of-the-art technology against the most rigorous performance, safety and service standards, we offer a comprehensive suite of ground handling services that enable people, aircraft and goods to travel securely between Singapore and the rest of the world.

Passenger Services

For more than 60 years, SATS has been serving passengers at Singapore Changi Airport, creating positive and unique encounters that have become a signature part of their travel experiences here. 


With the needs of every passenger in mind, we offer a suite of quality passenger services that range from seamless check-in facilities, special care services for those who need a little extra assistance, as well as premier check-in counters and lounges.


Apron Services

Since the beginning of commercial aviation in Singapore, SATS has played an active role in our overall growth as an international aviation hub in the region. 


At Changi Airport, our apron services team continues to serve with pride, upholding the highest professional and safety standards. Handling a wide and complex array of aviation activities, we help to ensure smooth and safe operations across the airport.


Staffed by a well-rounded team of young talents and experienced professionals, we tap on our strong technological and human capabilities to provide a broad range of customised services available 24 hours a day, seven days a week. 

Air Cargo

Seamless Connections


Every day at Changi Airport, one of the world’s busiest and best cargo hubs, SATS is there.


Seamlessly connecting millions of tonnes of cargo from Singapore to the world.


Our experienced and highly trained teams use cutting-edge technology and leading automation systems, powered by six airfreight terminals including an Express Courier Centre.


We ensure continuous commitment to quality and security through Initial, Recurrent and Awareness training on the processing of dangerous goods and our C2K certifications

and Cargo 2000 programmes.



Low-cost Carrier Handling

As the leading gateway services provider for low cost carrier flights from Singapore’s Changi Airport and around the region, SATS has developed a business model that complements their no-frills approach while fulfilling their need for innovative solutions and quality services.


With decades of industry experience and an award-winning team of technical specialists, we uphold the most rigorous performance and safety standards to ensure that flight operations are smooth, efficient and safe.


At Singapore’s Changi Airport, our subsidiaries Asia Pacific Star and GTR provide a comprehensive range of ground handling services including guest handling, baggage services, aircraft handling, security services and cargo handling services. GTR also provides ground handling services for full service carriers and operates an an air cargo hub at the Kuala Lumpur International Airport Air Cargo Terminal 1 in Sepang.

Private Jet Services

Designed to meet the unique needs of private jet passengers for discretion, privacy and speed, the Seletar Business Aviation Centre (SBAC) offers premium bespoke services for a truly exceptional and seamless travel experience.



Cruise Terminal Services

SATS-Creuers Cruise Services operates Marina Bay Cruise Centre Singapore, one of the largest cruise terminals in Asia specially designed to accommodate large ships and thousands of passengers at a time.


For arriving cruise passengers scheduled for same-day flights from Singapore, our Cruise-Fly services offer the benefits of early check-in including baggage drop-off and collection of boarding passes.


 With a growing suite of innovative, quality services  , our goal is to provide you with a comfortable and seamless travel experience across your journey.  

Security Services

Serving with pride and professionalism, SATS Security Services' mission is to be your security agency of choice.

As one of the longest-serving auxiliary police force (APF) in Singapore, we provide a comprehensive range of professional security services and solutions for customers across many industries. 

We build our solutions from a wide field of security capabilities, such as the provision of manpower for enforcement, event security and traffic management; future-ready ops-tech which includes intelligence analytics and surveillance, smart facilities management, Internet of Things (IoT) monitoring.

Our years of experience in aviation security, coupled with advanced technological solutions, allow us to deliver effective protection to our clients’ people, assets, and infrastructure. Our long-standing services are distinguished by our high standards in manpower and technological innovation.

We are accredited by the Airport Police Division, our Regulated Air Cargo Agent Regime consultants provide the documentation of the Regulated Air Cargo Agents Security Programme.



Travel Retail

At SATS, we take a holistic approach to travel retail.

We deliver a tailored, comprehensive suite of services to clients, helping them connect meaningfully with their passengers from door to destination.

Our research-driven solutions are designed to maximise ancillary revenue, increase passenger spend and help reduce costs. 
A trusted leader in the Asia-Pacific airspace for over 40 years, we know the importance of passenger engagement. Our world-class operational capabilities, including sales and inventory reconciliation, food and beverage expertise, crew training and engagement, innovative digital and sustainable solutions, last mile provisioning and more, guarantee a robust onboard retail experience.

Linen and Laundry

SATS takes pride in delivering quality, customised linen and laundry services to our customers in the aviation, healthcare and hospitality sectors, so that their customers can enjoy the care and comfort they deserve.


From wet washing to dry cleaning, we provide an extensive suite of professional services including special care requirements for aircraft and hotel bedding, food and beverage linen, company uniforms and personal garments.

Singapore, Paris, 3 April 2023 – SATS Ltd. (“SATS”) today announced it has completed its acquisition of global air cargo logistics provider Worldwide Flight Services (“WFS”) for €1.3 billion (equivalent to approximately S$1.8 billion) from an affiliate of Cerberus Capital Management (“Cerberus”), representing an enterprise value of €2,250 million as previously announced. The acquisition received an overwhelming support of 96.8% approval from SATS’ voting shareholders in January this year and obtained regulatory approvals in all relevant jurisdictions in February. With effect from completion, WFS becomes a fully owned subsidiary of SATS, which is headquartered in Singapore. WFS will continue to be headquartered in Paris and operate as Worldwide Flight Services. Craig Smyth, CEO of WFS, will continue to run the company and report to Kerry Mok, President & Chief Executive Officer of SATS, and an advisory board.



A Partnership with WFS

Developing a partnership with WFS gives you the benefits of our world class international standards in all aspects of cargo and ground handling. You will gain the support of our global team of business and handling professionals and leverage our trusted relationships with airlines, airports and other highly valued customers all over the world.

We believe in partnerships that are open and fair, where both parties bring complementary skills and value. We also recognise the importance of maintaining and developing a strong identity for each partnership, which usually involves the creation of a sub-brand supported by all parties.



WFS has developed strong partnerships with its key customers through its extensive network and focusing on network-wide solutions. We aim to foster and develop the relationship with key customers by providing a consistent and service-oriented service at all our locations.




Chart wise, bullish mode!

A higher low candlesticks price patterns has been formed looks rather bullish!

Short term wise, I think likely to rise up to test 2.70 then 2.80.

NAV is about 2.106.

Not a call to buy or sell!

Please dyodd.


Sunday, January 7, 2024

Keppel DC Reit - With the Letter Of Demand for the unpaid rental DC in China we may see her drifting lower due to this payment uncertainties! Likely to show us the 3rd bearish candlestick to tet 1.77 tyan 1.67! Do take note!

 I always prefer to trade this counter than investing..



I think with this rental payment uncertainties price may continue to show weakness in short term.

She may likely go down to test 1.77 than 1.67!

Pls dyodd.


Wah, she is back to 1

85-1.86! 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.

Venture - She is gaining momentum and likely rise up to test 15.25! AGM is on 26th April, final dividend is coming! Yield is more than 5 percent for this blue chips counter, nice!

Venture  - She is gaining momentum and likely rise up to test 15.25! AGM is on 26th April, final dividend is coming! Yield is more than 5 pe...