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Friday, February 28, 2020

DBS Group

I think we may likely see a rebound soon!
The price has fallen from 26.00 to 24.11 within a span of 1-2 weeks.

RSI & MACD has been driven to oversold territories.


At $24.11, yield is almost 5.47% which is pretty attractive!

I think market bear is giving value investor an opportunity to kio durians!

Not a call to buy or sell.

Pls dyodd.



Thursday, February 27, 2020

ec wORLD rEIT

Result is out, Net profit is up !
EC WORLD REIT Delivers Net Property Income Growth of 17.4% year-on-year for 4QFY19.

DPU of 1.51 cents is down 3.8% versus last year 1.57 cents.


Gross revenue and net property income in RMB terms for 4QFY19 (after straight-line, security deposit accretion and other relevant distribution adjustments3) recorded doubledigit year-on-year growth of 17.4% and 19.5% to RMB134.5 million and RMB129.5 million respectively, attributed to the embedded rental escalations and income contribution from Fuzhou E-Commerce which was acquired in August 2019. As at 31 December 2019, ECW REIT portfolio comprises eight assets, of which seven are in Hangzhou and one in Wuhan (Wuhan Meiluote). Four out of the seven assets in Hangzhou are under master lease arrangements which provide for fixed rental with built-in escalation. There is no variable rental component under the master lease arrangements. Portfolio valuation grew 20.6% to RMB8,118 million largely due to Fuzhou E-Commerce which was acquired in August 2019. Excluding Fuzhou E-Commerce, portfolio valuation, on a like-for-like basis, would have increased 1.5% year-on-year.


After an extended Spring Festival break, ECW REIT’s assets, with the exception of Wuhan Meiluote, have received the necessary permits to restart operations.

The Manager has received notification from a tenant for the non-renewal of 24,929 sqm of space at Wuhan Meiluote in 2QFY20. Due to the COVID-19, Manager expects demand for space in Wuhan

to be muted. Wuhan Meiluote accounts for 1.6% of the REIT’s portfolio net property income in FY19. The Manager understands that several landlords in China have committed to certain rental rebates4,5 , and thus anticipates similar requests as its tenants switch its operations into full gear (albeit over a period of time). It will evaluate the request on a case-by-case basis and will keep the investing community duly informed of any material development.


While long-term fundamentals for the logistics sector in China remain attractive, short term volatility and disruption can be expected given the severity of control measures implemented in China. The Manager remains highly vigilant to any changes in situation and stands ready to respond promptly. - E

Straco

4th quarter result is out!
Net profit is down 71% to $1.74m.

A First and Final dividend of 2.5 cents is being declared.


Net cash of $173.6 million, 20.1 cents per share.



With the outbreak of the COVID-19 virus across China, and the measures taken by the Chinese authorities to contain the spread, the tourism industry is expected to be adversely affected. The Company had previously announced the closure of its three attractions in China, namely Shanghai Ocean Aquarium, Underwater World Xiamen and Lixing Cable Car since 25 January 2020, first on a voluntary basis and subsequently in conformance with the authorities’ directive to prevent the spread of the highly infectious COVID-19. Given that this outbreak continues to be an evolving development, there is a material uncertainty as to the duration and extent of the travel curbs imposed on travel, as well as closure of the Company’s attractions in China. Even after the curbs are lifted and the Company’s attractions reopens, it is uncertain as to when tourists and visitors to the Company’s attractions in China will reach pre-COVID-19 levels. In view of the foregoing factors, there is a material risk that the Group’s financial performance for the current financial year will be materially adversely affected.


 In addition, the suspension of ride operations of the Singapore Flyer since late November 2019 due to a minor technical issue involving a spoke cable is expected to also weigh on the performance of the subsidiary. Though the Company has in place insurance coverage for Property All Risk and Business Interruptions due to Machinery Breakdown, the amount of recoverable lost revenue will still be subject to an insurance claim.


Notwithstanding, the Company, having assessed its current financial position, and barring any unforeseen circumstances, is confident that it can ride over these events as aforesaid.

Wednesday, February 26, 2020

Maple comm tr

TA wise, it has turned into bearish mode!


 At this rate of dropping, the price may go below $2.10 soon with we to $2.00.


Not a call to buy or sell. Pls dyodd.

Tuesday, February 25, 2020

Apac Realty

 4Q FY2019 profit after tax increased 32.4% or S$1.3 million to S$5.4 million, while earnings per share was 1.54 cents per share, up from 1.15 cents per share in 4Q FY2018.



 A 31.7% or S$25.9 million increase in revenue to S$107.8 million for the three months ended 31 December 2019 (“4Q FY2019”), compared to S$81.9 million in the previous corresponding period (“4Q FY2018”).


Looks like a good sets of financial quarter result!

A Final dividend of 1.25 cents was being declared representing a payout percentage of 51.2.

If the next few quarter are able to see the same Net Profit being achieved for the 4Q 2019 then we can expect a increase of dividend payout to let say 3.1 cents versus 2 cents for Y2019.

The cashflow statement is pretty healthy.

FCF is able to cover the total dividend payout even if they have declared a higher dividend of more than 2 cents dividend.

I think the current price is well supported with an yield of 4.2% . NAV of 41 cents.

I think a target price of 59.5 cents is achievable base on PE 15x ( EPS 3.94 cents).

Not a call to buy or sell.

Pls dyodd.

Saturday, February 22, 2020

DBS Group

It is getting more and more attractive as the price has weaken and the yield is rising!

The current price of$25.08 is yielding 5.26% base on yearly dividend of $1.32 ,looks rather interesting!


I guess for many are waiting to accumulate this blue chips bank counter as the price is getting weaker.


If it fall below the $25.00 Mark, it may go lower to test $24.50 then $24.00.


Not a call to buy or sell.
Pls dyodd.

Friday, February 21, 2020

SingTel

Close at 3.10 today which is also coincide with the immediate support at 3.10.


Will it be able to bounce off from here or continue to trend lower to retest 3.00.


Chart wise,looks rather bearish!
I think is good to wait for market direction before hoping onto this counter for a rebound to take it back to 3.30 level.

Pls dyodd.

SGX

Today finally the monkey started to offload this counter and close 21 cents lower at 9.05.


Looks like the uptrend has been disrupted and close below the support at 9.06.


Short term wise, I think it may go down to test 8.85 then 8.70 with extension to 8.60 level.


Not a call to buy or sell.
Pls dyodd.

Wednesday, February 19, 2020

Accordia Golf

It has been quite sometime since the offer deal surface last November.
I think we may hear the announcement from the company regarding this matter pretty soon!


They have just released their 3rd quarter result and the announced dpu is 2.2 cents which is higher than last year of 1.91 cents. 

NAV 74-cents.


Looks like it may slowly rise up to retest 70 again while waiting for the adviser to prepare the analysis report!



Short term wise,I think we may see some buying interest to bring it higher to test 70 then 72.5 with extension to 76 !.


Not a call to buy or sell.

Pls dyodd.

Tuesday, February 18, 2020

DBS

The current price of $25.44 is yielding an yield of 5.188% which is quite good plus quarterly dividend payout looks pretty attractive!


Chart wise, in neutral mode.
I am thinking of using DCA method to slowly accumulate this bank counter for an interval of  every 3-6 months duration to slowly build up the no of share..


XD 7 April 2020.
Pay date 21 April.

Pls dyodd.

Full year result is out!

DBS Group reported a 14 per cent boost in net profit to S$1.51 billion for the fourth quarter from a year ago, on the back of broad-based business momentum.
EPS stood at S$2.31 for the quarter, up from S$2.01 previously. PE 11x looks pretty decent!
A final quarterly dividend of 33 Singapore cents per share, subject to shareholders' approval at the annual general meeting on March 31. This will bring the yearly dividend to S$1.32 per share – an increase of 10 per cent. 
Chart wise , is in neutral mode!



The Gap up this morning looks rather interesting!
At 25.50, yield is 5.176% looks rather attractive!
looks like it may likely move up to retest 26.00 then 26.46 with extension to 26.80-27.00 when approaching the ex.dividend date on 12th April.


Not a call to buy or sell.
Pls dyodd.




Sheng Siong

This grocery counter is trading at all time high and I think is good not too chase!
P/B is 6.6x.
Dividend of 3.4 cents.
Yield is about 2.65%.


Short term wise, I think it may still go higher but the probability of going higher is less than 1-3%.


The chances of falling is greater!

Not a call to buy or sell.
Pls dyodd.

Saturday, February 15, 2020

Suntec

Looks like high chance it may breakdown below 1.78 and continue its downwards journey to 1.75 then 1.72 & below.


Not a call to buy or sell.
Pls dyodd.


Chart wise, looks bearish!
Today it has fallen below the $1.80 level and close lower at $1.79, looks rather negative!


Short term wise,I think it may retest $1.78 level. Faliure to hold up at $1.78 level then it may slide further Down towards $1.72 with extension to $1.67 level.


Not a call to buy or sell.
Pls dyodd.


Keppel DC Reit

Chart wise, it has a very good running up for the past 1+ year from 1.30 to a high of 2.50.
Super impressive!


NAV 1.115
P/B 2.185
Dividend of about 7.5 cents, yield is about 3% .
Last quarter dpu of 1.83 cents.


Short term wise, I think is good not too chase as it it trading beyond its fair value and Chart wise it is also showing super overbought territories.



Not a call to buy or sell.

Pls dyodd.




Friday, February 14, 2020

Comfort Delgro

Dividend
Xiao liao, dividend slash to 5.29 cents. A drop of 17% from 6.45 cents.
DuriAN DROPPING come Monday!


A final tax-exempt one-tier dividend of 5.29 cents per share has been proposed. Together with
the interim tax-exempt one-tier dividend of 4.5 cents paid earlier, the total dividend for 2019 will
be 9.79 cents per share or a payout ratio of 80% if the final dividend is approved by shareholders
at the Annual General Meeting on 24 April 2020.


Outlook
The COVID-19 outbreak broke out in Wuhan, China in December 2019 and quickly spread
internationally despite efforts to contain it. How the outbreak will turn out is currently unclear and

a prolonged outbreak is anticipated. COVID-19 and measures to fight it will result in the
economic slowdown of affected countries. Our taxi, public transport and transport related
businesses are witnessing lower ridership and volumes as we face significant operational
challenges.
Notwithstanding the current uncertainties, the Group maintains its long-term focus on the
mobility strategy and continues to transform and build capabilities.

SingTel

Chart wise, looks bearish!
It has broken down the recent low of 3.23 and went down to touch 3.20, looks rather negative.


Short term wise, I think it may likely retest 3.20.
Breaking down this level plus high volume that may likely drive the price Lower towards 3.10 then 3.00.


Not a call to buy or sell.
Pls dyodd.

Thursday, February 13, 2020

SGX

Chart wise, looks bullish!
Looks like the big boys are pushing the price higher with the the beautiful white soldiers.


Short term wise , I think is good y o take a breather before rising up again to retest 9.22 level.


Breaking out of 9.22 smoothly plus good volume that may likely drive the price higher towards 9.50 with extension to $10.00.


Not a call to buy or sell.
Pls dyodd.



Wednesday, February 12, 2020

DBS Group

Full year result is out!

DBS Group reported a 14 per cent boost in net profit to S$1.51 billion for the fourth quarter from a year ago, on the back of broad-based business momentum.
EPS stood at S$2.31 for the quarter, up from S$2.01 previously. PE 11x looks pretty decent!
A final quarterly dividend of 33 Singapore cents per share, subject to shareholders' approval at the annual general meeting on March 31. This will bring the yearly dividend to S$1.32 per share – an increase of 10 per cent. 
Chart wise , is in neutral mode!


The Gap up this morning looks rather interesting!
At 25.50, yield is 5.176% looks rather attractive!
looks like it may likely move up to retest 26.00 then 26.46 with extension to 26.80-27.00 when approaching the ex.dividend date on 12th April.

Not a call to buy or sell.
Pls dyodd.




Genting Sing

4th quarter results is out!
Net profit is up 4% to $155.8m.
Overall Net profit for this year was down 9% to $688.7m.


The overall result looks quite good to me!

Final Dividend increase to 2.5 cents versus 2 cents last year that will bring the total dividend to 4 cents.


The current price of 87.5 cents is yielding an yield of 4.57%. Looks quite good!

Eps of 5.71 cents . PE is 15x.
Looks like undervalue!


Let’s see how would market react tomorrow!

Pls dyodd

Tuesday, February 11, 2020

SATS

A nice Gap Up today plus a white bullish bar looks rather positive!
It has managed to touch the high of 5.48 , up 10 cents with quite a good volume looks rather encouraging /healthy that it may likely continue to trend higher.


RSI is showing positive divergence looks rather bullish!



Short term wise, I think it may likely retest the recent high of 4.60.
Breaking out at this level + good volume that may likely drive the price higher towards 4.75 then heading higher to cover up the Gap at 4.83 level that may provide further catalyst to push the price higher.

Not a call to buy or sell.
Pls dyodd.



Sunday, February 9, 2020

Lendlease Reit

2nd quarter result is out!
DPU of 1.29 cents is up 3.1% versus estimated forecast of 1.25 cents for the period from 2nd October to 31st December.


Net Property Income is up 3.2% to 16.2m.


Gearing of 34.9% looks pretty good!

XD 17 February.
Pay date 16 March.


CapitaMall Trust

Looks like it has been corrected from 2.66 to touch the low of 2.42 last Friday, looks rather interesting!


 It has come back to the nice accumulation area for a bounce again to take it higher!


 The merger of CCT and CMT would likely create the next Biggest commercial and retail reit counter in Singapore, looks rather positive!


 I have taken this opportunity to re-enter a small sample and would like to participate in this merger exercise to reap the future rewards!

 Short term wise, I think it may likely retest the pivot low of 2.39 and may likely see a rebound from here and rises higher to $2.52 then 2.58 & above.


 Yield is of 5.03% at $2.45 base on the estimated dpu of 12.34 cents.

Not a call to buy or sell. Pls dyodd.

Saturday, February 8, 2020

Valuetronics

Chart wise, looks bearish!
The current price of 72 cents is staying below its SMA lines and likely to see further selling down pressure!


Short term wise, I think it will go down to retest 71 cents.
Breaking down of 71 cents smoothly plus high volume that Amy likely slide down further toward 66.5 cents then 61.5 cents /60 cents.


Not a call to buy or sell.
Pls dyodd.

Friday, February 7, 2020

Fu Yu

Chart wise, looks rather bearish!
Losing momentum,likely to see further selling down pressure!



Short term wise, I think it would likely go down to test the pivot low of 23 cents then 22 cents with extension to 20.5 cents.


Not a call to buy or sell.
Pls dyodd.


DBS

Chart wise, looks rather bearish!

Likely to see further selling down pressure!


Short term wise, I think it may likely retest 25.11 level.
Breaking down plus high volume that may likely see it sliding further Down towards 24.96 then 24.80 with extension to 24.00 & below.


Not a call to buy or sell.
Pls dyodd

Frasers property

Looks like a good set of first quarter financial results!
Gross profit is up 24.4% to $461m.

Net profit increase 9.8% to $159.4m.


Hopefully,they can increase the dividend payout!

NAV $2.531
I think PE is less than 10..

Thursday, February 6, 2020

Sembcorp Ind

Profit guidance!
Today gap down with more than 10 cents looks rather bearish!

Please mind the Gap!
I think ,short term wise we may likely see the price testing 2.00 soon!


Breaking down of 2.00 plus high volume that may likely see the price sliding down towards 1.80.


If you browse through the chart, it has gone down to test $1.00 during bad time.

Not a call to buy or sell.
Pls dyodd.

Maple comm tr

Chart wise, looks like it is hovering near the lower trend line and may see a bounce off from here!


Short term wise, I think if it is able to bounce off from 2.28 and rises higher then we may see the uptrend momentum continue and move up to retest 2.45 level!


Not a call to buy or sell.
Pls dyodd.

Wednesday, February 5, 2020

Food empire

Wow! She is coming back very fast, looks bullish!


Short term wise, I think likely to retest 71 cents.
Breaking out of 71 cents smoothly plus good volume that may likely drive the price higher towards 75.5 then 80.


Not a call to buy or sell.
Pls dyodd

EC World Reit

This counter seems to have sold down due to the current market sentiment in China.


Yield looks attractive at 8.6%
83 cents. P/B 0.85.
Gearing is below 35%.
Quarterly dividend payout.


Chart wise, looks like it has rejected the support at 70 cents and may likely see a rebound from here!


Short term wise, I think it may likely rise up to test 74 then 76 with extension to 80 cents.

Pls dyodd

Tuesday, February 4, 2020

Sarine Tech

TA wise, looks bearish!
The odd of going up is rather slim as it has turned into downtrend bearish mode!


Short term wise, I think it may likely re-test 31.5 then 30 cents with further sliding down towards 28 cents then 24 cents.

NAV 0.229


Not a call to buy or sell.
Pls dyodd.

Monday, February 3, 2020

SBS Transit

Chart wise, it is showing a nice wide bullish bar , looks rather positive!

Waiting for market to make the next confirmation move and take out the resistance at 3.70 level.


Short term wise,  I think a nice breakout of 3.70 + good volume that may likely drive the price higher towards 3.80 then 3.85 with extension to 3.90 and above.

result will be out on 13 Feb 2020 after trading hours.


Not a call to buy or sell.

Pls dyodd.

Sunday, February 2, 2020

MapleTree Nac Tr

Chart wise, looks rather bearish!
After hitting the high of 1.26, it has since retreated sharply and corrected lower to touch 1.16 today, looks rather weak/negative!


Short term wise, I think it may slide down to revisit 1.12 again!
Breaking down of this level + high volume that may likely see further selling down pressure and bring it lower to retest 1.08 level.


Not a call to buy or sell.
Pls dyodd.

Saturday, February 1, 2020

Ocbc Bank

TA wise, looks rather bearish!
With the Gap down in price plus trading below the SMA lines looks rather negative!


The SMA lines are crossing down & MACD are also trending downwards looks like we may see further selling down pressure!


Short term wise, I think it would likely retest the recent low of $10.57 then $10.45 with extension to 9.80-$10.00.


NAV $10.00.
Result is out on 21st Feb 2020.
Yearly dividend is about 48-50 cents.


Not a call to buy or sell.
Pls dyodd.