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For trading, be firmed in executing your stop loss strategy. Also don’t be too eager to take profit to early. Let your profit run.
For Investing it is good to read up and educate yourself to know the basic financial analysis. Learn how to identify good company to invest . Pick those company/counter that you are familiar with their business.
— Strong operating performance: Retail Portfolio committed occupancy' at 99.9%, up 1.5%-pt y-o-y and up 0.2%-pt q-0-q
— Aggregate leverage 37.2% as at 31 Dec 2023, down from 39.3% as at 30 Se 23
— 1Q24 all-in cost of borrowing at 4.3% (4Q23: 4.1%)
Chart wise, let's see if she can rise up to reclaim 2.30 level in order to continue this uptrend direction!
Pls dyodd.
Full Year results is out!
Gross Revenue is up 1.8% to 184m.
NPI is up 1.1% to 129m.
DPU is down marginally 1.2% to 6.02 cents versus 6.09 cents last year!
Gearing is 39.3%.
Gearing is expected to go down to 36.1% upon completion of divestment of Changi City Point.
The Average costs of borrowing is 3.8% Slightly higher than last year 3.7%.
Occupancy is 99%.
Please dyodd.
Wah, she is having a nice rebound today up 6 cents to 2.15 looks rather encouraging!
The volume isn't that high!
Let's monitor and see if it will continue to trend higher towards 2.20 and above!
Results is due on 25th October.
Pls dyodd.
The selling down has been too drastic!
At 2.06, yield is 5.92% for this retail reit counter that is fundamentally sound of which I think golden opportunity is here!
Chart wise, it may well go down to revisit 2.00.
next support is at 1.89-1.90.
Not a call to buy or sell!
Please dyodd.
Divestment of the Changi Mall at 338M , Citi Analyst upgrade to buy with a price target of 2.51, Awesome!
Quote :
Citi Research analyst Brandon Lee has upgraded his call on FCT to “buy” given its improved gearing to 37.1%, making the REIT the lowest-geared retail Singapore REIT (S-REIT) among the REITs within his coverage.
FCT’s move will also give it sufficient debt headroom to make potential acquisitions that are accretive to its distribution per unit (DPU), Lee adds.
The recovery of retail revenue after Covid-19 is also another plus for FCT in the analyst’s book.
With all that in mind, Lee has increased his target price to $2.51 from $2.30. His new target price has an implied P/B of 1.08x in-line with FCT’s five-year pre-Covid-19 mean of 1.09x.
Chart wise, bullish mode!
A nice breakout of 2.26 smoothly plus good volume that may likely drive the price higher towards 2.30 than 2.35 and above!
NAV 2.32. Yearly Dividend is about 12.2 cents. Yield is about 5.44% at 2.24. I think gd price level to monitor.
Wilmar Intl - She has broken down 3.38 level seem rather Negative and may likely go down to test 3.00! Do take note!
Pls dyodd.
This piece of news reported on the media not sure will it affects the share price! Please dyodd.
Quote : A Chinese subsidiary of Asian food giant Wilmar International F34 0.29% has denied allegations by a city prosecution agency that one of its units was partially accountable for a trade fraud that led to a 5.2 billion yuan (US$725 million) loss for a state-owned company.
Wilmar Intl - She is drifting lower, looks rather interesting! Likely to go down to test 3.39 again! Do take note!
Yearly dividend of 17 cents, yield is 4.94% at 3.44 of which i think is quite a gd yield level!
Breaking down of 3.38 we may see sliding down toward 3.00.
Pls dyodd.
Wah, crucial moment!
I think is good to monitor and wait for market confirmation!
Yearly dividend is 17 cents. Yield is 4.73%. NAV 4.22.
Pls dyodd.
TA wise, bearish mode!
If 3.60 cannot hold the high chance she will go down to test 3.53/3.50. Breaking down of 3.50 plus high volume we may likely see her going down to test 3.28 than 3.00 and 2.94.
Pls dyodd.
Wilmar Intl - Results is out Net profit is down 52.7% to 550m, Total Revenue is down 10% to 32538m.
Declared same interim dividend of 6 cents.
Lower contribution from Food and Feed and I industrial products despite higher sales volume.
Free cash flow of 1.89b.
I think the results is not bad!
Let's see how she fares next week!
Please dyodd.
Wilmar International Limited, founded in 1991 and headquartered in Singapore, is today Asia’s leading agribusiness group. Wilmar is ranked amongst the largest listed companies by market capitalisation on the Singapore Exchange.
Supported by a multinational workforce of about 100,000 people, Wilmar embraces sustainability in its global operations, supply chain and communities.
An Expanding Global Footprint:
From its humble beginnings, Wilmar has today become a global leader in processing and merchandising of edible oils, oilseed crushing, sugar merchandising, milling and refining, production of oleochemicals, specialty fats, palm biodiesel, flour milling, rice milling and consumer pack oils:
Largest edible oils refiner, specialty fats and oleochemicals manufacturer as well as leading oilseed crusher, producer of consumer pack oils, flour and rice and one of the largest flour and rice millers in China
One of the largest oil palm plantation owners and the largest palm oil refiner and palm kernel and copra crusher, specialty fats, oleochemicals and biodiesel manufacturer in Indonesia and Malaysia
Largest producer of branded consumer pack oils in Indonesia
Largest branded consumer pack oils, specialty fats and oleochemicals producer and edible oils refiner as well as leading oilseed crusher, sugar miller, refiner and ethanol producer in India
One of the largest investors in oil palm plantations, one of the largest edible oils refiners and producers of consumer pack oils, soaps and detergents as well as third largest sugar producer in Africa
Largest raw sugar producer and refiner, a leading merchandiser of consumer brands in sugar and sweetener market and largest manufacturer of bread, spreads and sauces in Australia
Leading refiner of tropical oils in Europe.
First quarter 2023 Financial No. update :
The Group reported net profit of US$391.4 million and core net profit of US$381.9 million for the quarter, with stronger sales volume recorded in both Food Products and Feed & Industrial Products segments. Excluding the gain on dilution of interest in Adani Wilmar Limited of US$175.6 million recognised in 1Q2022, the Group reported a growth in net profit of 10.3%, while core net profit grew by 16.5% during the quarter.
Despite the challenging operating conditions, the Group managed to deliver a satisfactory set of results for 1Q2023. Higher volume of sales was achieved across all businesses. Sugar milling and merchandising did well with higher sugar prices. Oilseed crushing did better due to higher volume and good coverage of raw materials. Food Products segment saw an overall increase in volume of sales, largely due to higher medium pack and bulk products sales, particularly in China. Plantation profit was reasonable even though palm oil prices came down significantly from the peak. Shipping performed well but palm oil refining margin was poor.
Cash Flow & Balance Sheet The stable performance for the quarter led the Group to generate higher operating cash flows before working capital changes of US$756.1 million. With the decline in commodity prices and seasonal reduction in overall inventory balance during the quarter, working capital requirements for the Group decreased accordingly, leading to lower net debt of US$17.27 billion as of 31 March 2023 (31 December 2022: US$18.75 billion). Consequently, net gearing ratio for the Group improved to 0.84x as of March 2023 (FY2022: 0.94x). This led to the Group generating strong cash inflow from operating activities of US$2.17 billion in 1Q2023. At the end of the reporting period, the Group had unutilised banking facilities amounting to US$26.32 billion.
Outlook Results for the quarter ended 31 March 2023 were satisfactory, despite the uncertain macro-economic outlook at the start of the year. With our diversified and integrated business strategies, we are cautiously optimistic that performance for the rest of the year will remain satisfactory.
The company paid out Final dividend of 11 cents + interim dividend of 6 cents, total 17 cents for FY 2022. The current share price is $3.97, yield is about 4.28% of which I think is quite a decent yield!
Chart wise, bearish mode!
She may likely continue to trend lower!
Short term wise, I think likely to go down to test 3.90.
Breaking down of 3.90 plus high volume that may likely see her falling down further towards 3.75 then 3.46 level.
SingTel - She may need to rise up to reclaim 2.45 in order to continue this uptrend direction! Estimating Final dividend of 6 cents , together with interim dividend of 5.2 cents, total yearly dividend of 11.2 cents , Yield is about 4.68% at 2.39.
Short term wise, A nice breakout of 2.48 smoothly may likely see her rising up to cover the Gap at 2.61.
Pls dyodd.
She has managed to close above the resistance at 2.30, looks rather positive!
I think some buying activities after she went Ex.dividend plus the latest news of Optus chief resignation!
This might be a good opportunity coming back!
Pls dyodd.
9th November Update:
Sing1Tel - 1st Half Results is up! Underlying Net Profit is up 12 percent to 1,121m, interim dividend increase 13% to 5.2 cents, Awesome!
XD 17 November. Pay date 8th December.
Cash on hand 2.6b.
I think a gd sets of financial results!
Huat ah!
At 2.36, yield is about 4.49%.
Not a call to buy or sell!
Please dyodd.
Chart wise, looks bullish!
If she is able to clear the resistance at 2.40 smoothly we may likely see her rising up to test 2.52 then 2.60.
Yearly dividend of about 10 cents.
Yield is about 4.16%. I think is not bad!
Please dyodd.
Good news : 18th Sept 2023 - Singtel to sell 20% stake in regional data centre business to KKR for S$1.1 billion Mon, Sep 18, 2023 · 8:22 am
KKR will commit up to S$1.1 billion for a 20 per cent stake in Singtel’s regional data centre business. On Monday (Sep 18), a fund managed by KKR, Stellar Asia Holdings II, entered into an agreement with Singtel for the investment in ST Dynamo Investment, the holding company for Singtel’s regional data centre (RDC) business. This investment puts the enterprise value of Singtel’s overall RDC business at S$5.5 billion. KKR will, however, have the option to increase its stake to 25 per cent by 2027 at the pre-agreed valuation......
Special dividend of 2.5 cents will be paid out on 17th August, swee! Xd 2nd August.
XD 2nd Aug . Final dividend of 5.3 cents . The special dividend of 2.5 cents Hopefully it may get payout together with the final dividend!
We will know after the AGM.
Please dyodd.
Singapore Telecommunications (Singtel) is a telecommunications group offering a wide range of services such as mobile, data and internet services, as well as info-communications technology and pay-television.
Full Year results at a glance :
Earnings were up 14% to $2.23 billion, compared to $1.95 billion a year ago. This was due to the strong performance of its core businesses, underpinned by robust mobile growth and price increases.
Mapletree PanAsia Com Tr - She is due to report her results on 29th Jan , Dividend is coming, Nice! Yield is about 5.9% at 1.50, seem quite a nice dividend yield level!
If she is able to take out 1.58 swiftly plus good volume then we may see her rising up towards 1.73 level.
Pls dyodd.
Update : Mapletree PanAsia Com Tr - Results is due on 29 Jan, Dividend is coming, Nice! Profit taking is happening of which I think is healthy and hopefully it will resume this uptrend mode and rise up to reclaim 1.58! Do take note!
Chart wise, bullish mode!
Yesterday ahe has a nice breakout at 1.53 and closed higher at 1.55 this is rather positive!
Short term wise, I think she may rise up to test 1.61 than 1.70.
Pls dyodd.
Mapletree PanAsia Com Tr - Wow! 2 white soldiers appearing on the chart, looks like Big Boys are scooping up, plus huge volume likely to continue to rise higher! Dont miss out!
chart wise, bullish mode!
Likely to rise up to test 1.54.
A nice crossing over smoothly we may see her rising up to test 1.60.
Pls dyodd.
— gross revenue and NPI both gained 10.1% and 8.7% YOY for 2Q24
— DPU down 8.2% YOY to 2.24 cents
— portfolio occupancy 96.3%
— gearing 40.7% with 79.9% debt on fixed
— Stable financial performance: Singapore drove growth with better performance while largely stable contributions from overseas properties were weighed down by stronger SGD
— Festival Walk: Sustained revenue supported by near full occupancy, shopper and tenant sales recovery, and continued progress towards rental stabilisation
.
Mapletree Pan Asia Commercial Trust (“MPACT”) is a real estate investment trust (“REIT”) positioned to be the proxy to key gateway markets of Asia. Listed on the Singapore Exchange Securities Limited (“SGX-ST”), it made its public market debut as Mapletree Commercial Trust on 27 April 2011 and was renamed MPACT on 3 August 2022 following the merger with Mapletree North Asia Commercial Trust.
Its principal investment objective is to invest on a long-term basis, directly or indirectly, in a diversified portfolio of income-producing real estate used primarily for office and/or retail purposes, as well as real estate-related assets, in the key gateway markets of Asia (including but not limited to Singapore, China, Hong Kong1, Japan and South Korea).
MPACT’s portfolio comprises 18 commercial properties across five key gateway markets of Asia – five in Singapore, one in Hong Kong, two in China, nine in Japan and one in South Korea. They have a total NLA of 11.0 million square feet and valued at S$17.1 billion.
Within Singapore, they are:
VivoCity – Singapore’s largest mall located in the HarbourFront Precinct;
Mapletree Business City (“MBC”) – a large-scale integrated office, business park and retail complex with Grade A building specifications, supported by ancillary retail space, located in the Alexandra Precinct;
mTower – an established integrated development with a 40-storey office block and a three-storey retail centre, Alexandra Retail Centre (“ARC”), located in the Alexandra Precinct;
Mapletree Anson – a 19-storey premium office building located in the Central Business District (“CBD”); and
Bank of America HarbourFront (“BOAHF”) – A premium six-storey office building located in the HarbourFront Precinct.
Outside Singapore, they are:
Festival Walk, Hong Kong – a landmark territorial retail mall with an office component;
Gateway Plaza, China – a Grade A office building with a podium area in Lufthansa sub-market within Beijing;
Sandhill Plaza, China – a Grade A business park development in Zhangjiang Science City, a key business and innovation hub in Pudong, Shanghai;
Japan Properties – nine freehold properties comprising five office buildings in Tokyo (IXINAL Monzen-nakacho Building, Higashi-nihonbashi 1-chome Building, TS Ikebukuro Building, Omori Prime Building and Hewlett-Packard Japan Headquarters Building); an office building in Yokohama (ABAS Shin-Yokohama Building) and three office buildings in Chiba (SII Makuhari Building, Fujitsu Makuhari Building and mBAY POINT Makuhari); and
The Pinnacle Gangnam, South Korea – a freehold Grade A office building with retail amenities located in Gangnam Business District, Seoul.
MPACT is one of the three REITs sponsored by Mapletree Investments Pte Ltd (“MIPL” or the “Sponsor”), a leading real estate development, investment, capital and property management company headquartered in Singapore.
MPACT is managed by MPACT Management Ltd. (“MPACTM” or the “Manager”), a wholly-owned subsidiary of MIPL. The Manager aims to provide unitholders of MPACT (“Unitholders”) with a relatively attractive rate of return on their investment through regular and steady distributions, and to achieve long-term stability in Distribution per Unit (“DPU”) and Net Asset Value (“NAV”) per Unit, while maintaining an appropriate capital structure for MPACT.
2022 FY Financial results:
MPACT Achieves 65.4% and 62.6% Growth in FY22/23 Gross Revenue and Net Property Income
Full-year distribution per unit (“DPU”) totalled 9.61 Singapore cents.
Boosted by contribution from properties acquired through the merger1.
Better performance of core assets, VivoCity and Mapletree Business City (“MBC”), cushioned higher utility and finance costs in FY22/23.
Positive rental reversion recorded by all markets except Greater China.
VivoCity’s full-year tenant sales set new record at over S$1 billion, and asset enhancement initiative (“AEI”) on Level 1 on track for opening from end-May 2023.
Improvement in shopper traffic and tenant sales at Festival Walk with the lifting of COVID measures and reopening of border with Mainland China.
Successfully renewed major leases at Bank of America HarbourFront, Festival Walk, Gateway Plaza and MBC during the year, adding to portfolio resilience.
