Thursday, April 11, 2024

Micro-Mechanics - The price has been corrected near the support level of about 1.43. At 1.45 yield is about 4.1 percent as dividend has been slashed from 9 cents to 6 cents. I think we may see a rebound from the current price level! Pls dyodd.

Micro-Mechanics  - The price has been corrected near the support level of about 1.43. At 1.45 yield is about 4.1 percent as dividend has been slashed from 9 cents to 6 cents. I think we may see a rebound from the current price level! 



Pls dyodd.

 Micro-Mechanics designs, manufactures and markets high precision parts and tools used in process-critical applications for the semiconductor and other high technology industries.

The Group’s strategy is to relentlessly pursue product and operational improvements while providing fast, effective and local support to its customers worldwide.

In addition to designing and manufacturing a market-leading range of consumable tools and parts used in the assembly and testing of semiconductors, the Group also engages in the contract manufacturing of precision parts and tools used in process-critical applications for the semiconductor wafer-fabrication and other high-technology industries

Micro-Mechanics became a public corporation and listed on the SGX-Sesdaq in Singapore in Jun 2003. On 22 July 2008, the listing and quotation of its shares was upgraded to the SGX Mainboard. Since its listing, the Group has received multiple awards in recognition of its high standards of corporate governance, quality of disclosure, transparency and investor relations.





You may take a look at the company past dividend paid out for your reference. 


CapitaLand Ascendas REIT - I think gd reit is on sales! Yielding 5.5 percent, a blue chips index reit is offering us a great opportunity to take a closer look at the current price of 2.70! Pls dyodd.

   CapitaLand Ascendas REIT  - I think gd reit is on sales! Yielding 5.5 percent,  a blue chips index reit is offering us a great opportunity to take a closer look at the current price of 2.70! Pls dyodd. 



CapitaLand Ascendas REIT  - I think GSS price is back! At 2.66, yield is about 5.6 percent for this industrial cum Data Centres reit plus a sti index component stocks and a giant, great opportunity to take a look! Dont miss out! 



Pls dyodd. 

 CapitaLand Ascendas REIT  - I think Great price snd GSS sales is here! Trading at 2.71, yield is about 5.5 percent of which I think is quite a good yield level! When interest rate started to come down she will not be trading at this kind of yield level! Pls dyodd. 




CapitaLand Ascendas REIT  - 2nd Half results os out! Gross Revenue is up 11% to 761m, NPI is up 4.6 percent to 641m, Distribution Income is down 1.9 percent to 326.9m. DPU is down 6.1 percent to 7.441 cents. 





Occupancy rate is 94.2%.

Positive rental reversion of 13.4%.

FY dpu is down 4% to 15.16 cents.

Gearing is 37.9%.

XD 8th February.  

Pay date 6th March. 

I think results is within expectations.  

I think not bad! 

Pls dyodd. 

Wednesday, April 10, 2024

CDG (ComfortDelGro) - A nice crossing over of 1.49-1.50 level smoothly would likely see her rising up further towards 1.62. Pls dyodd.

  CDG (ComfortDelGro) - A nice crossing over of 1.49-1.50 level smoothly would likely see her rising up further towards 1.62. Pls dyodd. 



ComfortDelGro  - She is rising up to test 1.50 than 1.63. Do take note!



 A nice breakout of 1.63 smoothly plus good volume we may see her rising up further towards 1.80.

Pls dyodd. 

AGM : 26th April 10.00 A.M. AT LEVEL 3, SUMMIT 1 ROOM SUNTEC SINGAPORE CONVENTION & EXHIBITION CENTRE 1 RAFFLES BOULEVARD, SUNTEC CITY SINGAPORE 039593.

Total Revenue and net profit plus increased in paying Final dividend likely to boost the price further! First wide and bullish Green candlesticks spotted on the weekly chart,  looks rather positive!


  ComfortDelGro - Fantastic! Finally,  she had managed to breakout 1.43 plus high volume and closed well at 1.46 thus is rather positive and may likely see her rising up further to 1.50 and above! Do take note !




ComfortDelGro  - She is doing a YoYo mode, will she be able to conquer 1.43 and rises higher towards 1.50 and 1.60. Do take note! 



 ComfortDelGro  - This giant Transport company is growing and expanding at a faster rate as we can see their revenue growth on the latest sets of financial numbers with Net profit higher and the increased in Final dividend from 1.76 cents to 3.76 cents,  fantastic! Yield is about 5 percent which is quite good. 



Do take note! Pls dyodd. 


  ComfortDelGro  - At 1.36, yield is about 5 percent for the giant transport company which is quite resilient during market volatility! A good defensive counter to put under one portfolio! Pls dyodd.  




ComfortDelGro  - FY results is out! Final dividend increased more than 100 percent from 1.76 cents to 3.76 cents. Total Revenue is up 2.6% to 3880m and Net profit is up 4.3% to 180.5m. I think is a good sets of financial numbers! 




Total dividend of 6.66 cents representing a payout of 80%, swee!

EBITDA increased 6.5% to 629.9m.





XD 6th May.

PAY date 15 May 

Yield is about 5% at 1.35.


Pls dyodd.  



Tuesday, April 9, 2024

Frasers Cpt Tr (FCT) - One of the rare local neighborhood retail mall reit that you wouldnt want to miss out especially for investing in reit! Yield is about 5.5 percent, NAV 2.31, Gearing is below 40 percent. I think great sales is still here ! Do take note!

  Frasers Cpt Tr (FCT) - One of the rare local neighborhood retail mall reit that you wouldnt want to miss out especially for investing in reit! Yield is about 5.5 percent, NAV 2.31, Gearing is below 40 percent. I think great sales is still here ! Do take note!



She will be releasing her results on 25th April! Dividend of about 1.85 to 1.9 cents is coming after minusing put the advance DPU being paid out due to the Private placement for the acquisition of NEX up till 50%. 

Let's see how it fares for the dpu with the completion of this new acquisition!



During Bull market she used to be trading at 2.65 to 3.00.


Pls dyodd.

FCT (Frasers Cpt Tr) - Nibbled a bit at 2.17 after locked in profit for KDC! At 2.17 yield is about 5.55 percent seem quite a good yield!



 Dividend just credited today, awesome! 

 FCT : Frasers Cpt Tr  - Went there for dinner, very crowded! Very good traffic crowds plus business for FCT. At 2.20, yield is about 5.5 percent, seem quite good ! 










 Today went to NEX at Serangoon to do some errands like duplicating the keys at 4th floor- Shoes & Keys at 4th floor. $4 per key not too bad! Bought some breads and saw the Japanese food fair at 1st level.  










Bought some pan cakes and nice strawberries.


Frasers Cpt Tr  -  On Monday she will included on the STI index component stocks counter likely to see some buying activities! At 2.18, yield is at about 5.5 percent of which I think is quite a good yield.  One of the rare local retail mall reit not too miss out! Pls dyodd. 

Frasers Cpt Tr  - SHE IS TRADING at quite a nice Yield level of about 5.49 percent at 2.20. Estimating yearly dividend od 12.07 cents. NaV  2.311, Gearing is below 40 percent looks like a good pivot point to monitor and buy on further weakness! Pls dyodd. 


On 18th March FCT will be included on the STI components index , likely to see some buying activities when trading near the actual date! 

Immediate support is at 2.15. Next support is at 2.10 and 2.00.

Do take note!

Yesterday had my dinner at one of the FCT mall , nice! Lai ah, Jiak! 




Get more juicy dividend and continue to support their mall. Awesome!



Private placement price of 2.18.

Advance DPU of 4.25 cents,  XD 1st February. 



FCT - She has managed to reclaim 2.30 and trading at 2.31 to 2.32 is rather bullish! Likely to continue to trend higher! 

Pls dyodd.


 *Frasers Cpt Trust*

— 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. 

Please dyodd.