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Friday, December 17, 2010

Preference Shares

Preference Shares offers a better fixed rate of returns as compare to the current low Fixed Deposit rate of about 0.4 - 0.8 per annum.

Preference Shares are being offered by most of the Local Banks such as DBS, OCBC and UOB.
Preferences Shares gives a very good dividends and has rather low risks.
You may see some of the Preferences Shares being listed on the Singapore Stock Exchange as follows :-

DBS 4.7% NCBS , OCBC 4.2%,4.5% and 5.1% NCBS and UOB 5.05% NCBS.

Dividends will be payable semi-annually or twice a year.

Most of these Preferences Shares does not has any maturity date.Meaning it will continue to pay out dividends so long the Bank did not make any redemption.
You may check out the details from the individual bank web site.

(Invest at you own decision)

WIN ToTo First Prize

Friday, December 3, 2010

Capitaland Limited

Update on 17th Jan 2014 for Capitaland - Capitaland has been drifting lower and lower each day. Looks very bearish. Breaking down of $2.90 again may see it goes down to $2.80 then $2.68 soon.
(trade base on your own decision)  

Capitaland is a multinational company's core businesses in real estate, hospitality and real estate financial services are focused in growth cities in Asia Pacific, Europe and the Gulf Cooperation Council (GCC) countries.

CapitaLand also leverages on its significant asset base, real estate domain knowledge, financial skills and extensive market network to develop real estate financial products and services in Singapore and the region.

YTD Sep10 Statutory PATMI increased 349% to S$751m
• 3Q Sep10 PATMI down 43% yoy to S$160m
– Due largely to lower recognition on completion of residential projects in Singapore.

Group managed real estate assets total about S$50bn
• Proactive Capital Management
– Strengthened financial flexibility with the issuance of an aggregate S$1b of bonds
– Strong cash liquidity of S$6.4bn
– Healthy Net Debt/Equity of 0.21

Improving outlook across businesses
Sustained demand for homes in China
• Higher revenue contribution from development projects in Australia and Vietnam
• Recovery of demand for serviced residences

Strong overseas contribution
Contributed 58% of Group’s total EBIT
• Strong performances from Australia, China and Other Asia

The share prices has reached a high of $4.23 and has dropped to a low of $3.59 before gaining strength to close at the current price of $3.67.

Technically it is looking attractive to move upwards from the current price of $3.67 and may test $3.85 - $3.95 in the near future.

Ocbc Research has a target price of $4.54.
It has an upward potential of about 23% from the current price.

(Invest at your own decision)