Ezotop

Friday, February 23, 2024

ThaiBev - She has managed to bounce-off from the low of 48.5 cents and rises higher to touch 53.5 cents looks like Bull is in control! Short term wise, I think likely to rise up to reclaim 53.5 cents, a nice breakout smoothly plus good volume lijely see her rising up further to test 55 than 60 cents. Pls dyodd.

 ThaiBev  - She has managed to bounce-off from the low of 48.5 cents and rises higher to touch 53.5 cents looks like Bull is in control! 



Short term wise,  I think likely to rise up to reclaim 53.5 cents,  a nice breakout smoothly plus good volume lijely see her rising up further to test 55 than 60 cents. 

Pls dyodd. 


ThaiBev  - FY results is out! Gross Revenue is up 2.5% but Net Profit is down 10.9% to  30727m , Final dividend of 0.45 Bath same as last year!





Results is so so!

At least they have maintained the Final dividend of 0.45 Bath, Swee!

Not a call to buy or sell!

Pls dyodd.

   

Chart wise, bearish mode!

She will need to over the resistance at 56 cents . 



A nice breakout smoothly plus good volume that may likely drive the price towards 60 than 61.5 cents.

Yearly Dividend is about 2.3 cents! Yield is about 4.22% at 54.5 cents.

Not a call to buy or sell!

Pls dyodd. 



Wee Joo Yeow, an independent director of Thai Beverage Public Company, has snapped up 100,000 shares on June 7 at 55 cents each. 

ThaiBev ID Wee gulps 100,000 shares as price dips to pandemic-low.

Quote: https://www.theedgesingapore.com/capital/insider-moves/thaibev-id-wee-gulps-100000-shares-price-dips-pandemic-low




Thai Beverage Public Company Limited (“ThaiBev”, and together with its subsidiaries, the “Group”) is a leading beverage company in Southeast Asia and the largest in Thailand. The Group's vision is to be a world-class total beverage company embodying commercial excellence, continuous product development and premiumization, as well as professionalism. ThaiBev's business consists of four segments – spirits, beer, non-alcoholic beverages, and food.

The Group was listed on the mainboard of the Singapore Exchange in 2006. In 2012, ThaiBev expanded its business overseas through the acquisition of Fraser and Neave, Limited (“F&N”), a highly-recognized company in Singapore with a portfolio that boasts many renowned brands. With the acquisition of F&N, the Group further cemented its position as the leading beverage producer and distributor in the region. In 2017, ThaiBev further broadened its presence in the region with the acquisition of a 75% stake in the


Grand Royal Group (“GRG”), the largest player in Myanmar's whisky market, as well as an acquisition of a 53.59% stake in Saigon Beer-Alcohol-Beverage Corporation (“SABECO”), a leading beer producer in Vietnam, which made the Group the largest beer player by volume in Southeast Asia.



Businesses and Products

As of 30 September 2020, ThaiBev has 218 subsidiaries and associates, including 19 distilleries, three breweries, and 21 non-alcoholic beverage production facilities. The Group also has an extensive distribution network covering 400,000 points of sale in Thailand. In addition, ThaiBev has an international presence in over 90 countries. The Group has five production facilities in Scotland which are known for producing single malt scotch whiskies such as Balblair, Old Pulteney, as well as Speyburn; has interests in two production facilities in Myanmar which produce the top-selling whisky in the country; and owns one distillery in China which produces the famous Yulinquan Chinese spirit.

ThaiBev's most recognized spirits brands include Ruang Khao, SangSom, Mekhong, Hong Thong, and Blend 285, as well as GRG's iconic Grand Royal whisky; and the Group's signature beer, Chang, is very popular among Thai beer drinkers, while SABECO's Bia Saigon and 333 are the top-selling beer brands in Vietnam. In the non-alcoholic beverage space, ThaiBev's leading brands include Oishi green tea, est cola, and Crystal drinking water, as well as F&N's sparkling drinks and 100PLUS isotonic drink. In addition, the Group operates Japanese restaurants, as well as ready-to-cook and ready-to-eat food businesses through its subsidiary Oishi Group Public Company Limited. ThaiBev has also started branching out from these well-established Japanese restaurants and food products, and is accelerating the expansion of its food business by leveraging its subsidiary Food of Asia and its franchise outlets under KFC, the most popular quick service restaurant brand in Thailand.



The beer industry is the main business that helps make the Thai Beverage Plc. empire into a progressive and strong conglomerate as it currently is through its perennially highest selling product until today – Beer Chang, the international Gold Medallion winner – born from the hearts and pride in being Thai.

Beer Chang is produced from three breweries with international standard. One in Kamphaeng Phet belongs to the Beer Thai (1991) Public Company Limited, another in Bang Baan district, Ayutthaya belongs to Beer Thip Brewery (1991) Co., Ltd. and the other in Wang Noi, Ayutthaya belongs to the Cosmos Brewery (Thailand) Co., Ltd.

 Beer Thai (1991) Public Company Limited



Beer Chang was conceived with the visionary outlook of the top executives to expand the beer market with a Thai taste albeit with international quality, to give the consumers an alternative with the fervent belief in the brewing and production capability of the Thais. The first bottle of Beer Chang rolled off the production line on April 4, 1994, from the brewery in Bang Baan district, Ayutthaya. It was officially marketed on March 2, 1995.

The popularity of Beer Chang quickly and continuously increased. This led to a major expansion in production capacity to respond to consumer demands. A new brewery was constructed in Kamphaeng Phet under the management of the Beer Thai (1991) Public Company Limited. It later became a public company in 2001, with a registered capital of 5,500 million baht.

The Kamphaeng Phet brewery began construction in November 1999 at the cost of 9,000 million baht. It started beer production on October 12, 2001 and the first bottle of Beer Chang rolled off the brewery on November 23, 2001.



It has a land area of 1,600 rai, utilizing the latest production technology in the world. Every step in the production process is highly efficient with all the standards implemented throughout the process with emphasis on energy conservation, pollution control and environmental awareness. The Company received ISO 9002: 1994 certification on September 26, 2000 and ISO 9001: 2000 certification on September 12, 2001. The environmental standard certification ISO 14001: 1996 was awarded to the company on November 7, 2001.




Chart wise,  she is slowly gaining momentum!

 A nice breakout of 0.59 smoothly plus good volume I think She may rise up to test 0.61 then 0.63 with extension to 0.67-0.70.

Yearly dividend of about 2.3 cents, yield is about 4%.

Please do your own due diligence! 

Note:

Quote:- KGI Securities has reiterated its "buy" call on Thai Beverage with a Target price of 0.65. https://www.theedgesingapore.com/capital/brokers-calls/kgi-reiterates-buy-call-thai-beverage-citing-favourable-post-election

UOB Bank - Sold down from 29.24 for 2 days to touch 28.22 this morning. Almost down 1.02 as compared to the Final dividend of 0.85 looks like a interesting level to monitor! At 28.27 yield is about 6 percent of which is quite a nice yield! Please dyodd.

 UOB Bank - Sold down from 29.24 for 2 consecutive days to touch 28.22 this morning. Almost down 1.02 as compared to the Final dividend of 0.85 looks like a interesting level to monitor! 


Pls take note The CEO just bought back 100,000 share about 28.495 on 22nd February 2024. 



At 28.27 yield is about  6 percent of which is quite a nice yield! 

Please 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.

Thursday, February 22, 2024

Venture Corporation - 4th quarter results is out! Gross Revenue is up 4.3 percent to 736.6m, Net profit is up 5.3 percent to 66.7m. FY total Revenue is down 21.7 percent to 3025m and Net profit is down 26.9 percent to 270m. Free cash flow is positive +100 percent to 439m. Net cash position of 1056m, zero debt. Proposed Final dividend of 50 cents same as last year.

Venture Corporation  - 4th quarter results is out! Gross Revenue is up 4.3 percent to 736.6m, Net profit is up 5.3 percent to 66.7m. FY total Revenue is down 21.7 percent to 3025m and Net profit is down 26.9 percent to 270m. Free cash flow is positive +100 percent to 439m. 

Net cash position of 1056m, zero debt. 




At 14.10, yield is about 5.32%.

Proposed Final dividend of 50 cents same as last year.

XD 7th May.

Pay date 21 May.

Outlook: A stronger 2nd Half for Y2024.

Pls dyodd. 

Wednesday, February 21, 2024

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!

 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.

Wilmar Intl - FY 2023 results is out! 2nd Half net profit is down 27.1 percent to 989.3m versus 1264.3m last year! FY net profit is down 35.3 percent to 1566m versus 2419m. Final dividend of 11 cents declared same as last year, i think the results is not bad!

  Wilmar Intl  - FY 2023 results is out! 2nd Half net profit is down 27.1 percent to 989.3m versus 1264.3m last year!  FY net profit is down 35.3 percent to 1566m versus 2419m. 




Final dividend of 11 cents declared same as last year, i think the results is not bad! 

XD 29th April. 

Pls dyodd. 


TA wise, bearish mode!

High probability she may go down test 3.26 than 3.23 with extension to 3.0p.

Pls dyodd.



Results is due on 21st February. 

Chart wise,  bearish mode! 

She may likely go down to test 2.98/3.00.



Breaking down of 3.00 plus high volume she may go further down to revisit 2.80 Than 2.43. 

Pls dyodd.


 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.

https://www.theedgesingapore.com/news/company-news/wilmar-unit-denies-involvement-alleged-china-palm-oil-fraud

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.


At the core of Wilmar’s strategy is an integrated agribusiness model that encompasses the entire value chain of the agricultural commodity business, from cultivation and milling of palm oil and sugarcane, to processing, branding and distribution of a wide range of edible food products in consumer, medium and bulk packaginganimal feeds and industrial agri-products such as oleochemicals and biodiesel. It has over 500 manufacturing plants and an extensive distribution network covering China, India, Indonesia and some 50 other countries and regions. Through scale, integration and the logistical advantages of its business model, Wilmar is able to extract margins at every step of the value chain, thereby reaping operational synergies and cost efficiencies. 

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.

Please dyodd.

Tuesday, February 20, 2024

CapitaLand Investment(9CI.SI) - She has a nice rebound from 2.80 and rises higher to touch 2.95, looks like Bull is in control! Pls take note!

 CapitaLand Investment(9CI.SI) - She has a nice rebound from 2.80 and rises higher to touch 2.95, looks like Bull is in control! Pls take note! 



Short term wise,  I think likely to rise up to retest 2.95 ! A nice breakout smoothly may likely see her rising up towards 3.00 than 3.03.

Pls dyodd. 

CapitaLand Investment (9CI.SI) - I think boatvis back! At 2.82 , yield is quite decent at 4.26 percent! Trading at all time low, she is looking rather interesting! Pls dyodd.



Nibbled a bit at 2.82. 

Looks like a great pivot point as she has managed to bounce-off from 2.76 this morning!

Pls dyodd.


Wow! Today looks like something is brewing! She is up 12 cents to 3.02. 



CapitaLand Invest  - The company purchased another 5m share today at 2.90 to 2.92, so solid! They have so much cash on hands to buy back the share! It might be the price is undervalued! 

She is trading near the all time low of 2.83. This might be a great pivot point to consider.  Pls dyodd.  







The company just bought back 2.536m share today at 3.00. A few days ago, they also bought back 1m share at 3.00.

This seem like a great support level! Do take note! 

Pls dyodd. 


https://links.sgx.com/1.0.0/corporate-announcements/SSE7DFS5975TMN0W/a73204226e8e8298ce7a67f8e8d8dbe9e67abbe482df1c9dd26393d3d0dd70e0

 

She is slowly climbing back above 3.00, looks rather interesting!



Results will be out on 28th February 2024. Estimating Final dividend of 12 cents , nice.  

Pls dyodd. 

At 2.97 yield is about 4.04%( Final dividend of 12 cents) Or 5.05 is Final dividend is 15 cents.



NAV 2.84.

I think good opportunity is back! 



Nibbled a bit at 2.95. Collect dividend while waiting for price to recover.

Pls dyodd.

 CapitaLand Investment  - Results is out, not bad! Total Revenue is down 1% to 1345m, Operating PATMI is dien 1% to 344m, recurring FM fee grow by 10% to 183m, awesome!


I think Results is not bad and Operating profit is quite stable!




I think yearly dividend of 12 cents is sustainable and may be see further increase if FM fee grow faster than expected! 




I have nibbled 



  





"CapitaLand Investment remains steadfast in being a trusted partner as we strengthen our position as a leading global real estate investment manager which delivers high quality returns."






After a successful demerger from the development business of CapitaLand Limited (“CapitaLand” or the “Parent Group”), CapitaLand Investment (CLI) was listed on SGX-ST on 20 September 2021. This transformative transaction created one of Asia’s leading listed real estate investment managers (REIM) and one of the largest REIMs in the world. Since day one, we have focused on putting our proven track record of investment management and fee income growth to work — unlocking more long-term value for our shareholders. 

CLI’s investment management leadership in Asia began about two decades ago, when we listed Singapore’s first real estate investment trust (REIT), CapitaLand Mall Trust. Today, our six listed funds across Singapore and Malaysia hold a Funds under Management (FUM) of approximately S$60 billion. 

And that’s only part of the real estate portfolio that we’ve built — over S$29 billion FUM are also managed through a comprehensive and expanding private funds platform comprising more than 30 private vehicles.

​Including assets held directly by CLI as well as assets managed through our global lodging platform, CLI oversees S$133 billion in Real Estate Assets Under Management (RE AUM).

In addition to Singapore, CLI’s core markets include China and India. But our boots on the ground extend far beyond that, to markets across Asia Pacific, Europe, and the USA. Our real estate and management expertise has helped us amass a diversified portfolio of recognisable brands, operating platforms, and asset classes which include retail, office, lodging, business parks, industrial, logistics and data centres.





CapitaLand Investment's (CLI) listed funds business comprises five REITs and business trusts listed on the Singapore Exchange and one on Bursa Malaysia, with a total market capitalisation of S$32.2 billion1. Our listed funds portfolio is focused on driving sustainable distributions and increasing value for our unitholders.


Over time, we have built a strong track record as a Sponsor, making sure our listed funds are always efficiently structured and well-positioned for continued growth.

CapitaLand Investment managed the listed reit companies like Ascendas REIT,  CapLand China Trust,  CapLand Ibdia Trust,  CapitaLand Integrated Commercial Trust and Ascott trust. 

  • CapitaLand Investment (CLI) owns and manages over 1,000 quality properties across the globe, providing a wide range of integrated real estate solutions for work, live and play. The current assets pipeline on CLI's balance sheet provides a diversified stable of high-quality assets with visible monetisation potential.   

    With a full stack of investment and operating capabilities, we present a unique value proposition for our partners, investors, tenants and customers.





ComfortDelGro - Wow! Today closed well at 1.50, looks rather positive! Likely to continue to rise up to test 1.64 than 1.70 to 1.78. Pls dyodd.

   ComfortDelGro  - Wow! Today closed well at 1.50, looks rather positive! Likely to continue to rise up to test 1.64 than 1.70 to 1.78.  Th...