Thursday, February 29, 2024

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!

 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, February 27, 2024

CapitaLand Investment - FY results is out! Resilient 2023 Cash PATMI of 781m. Proposed final dividend of 12 cents. FY net profit is down 79.0% y-o-y to $181 million from $861 million in FY2022 mainly due to revaluation of assets in China.

  CapitaLand Investment  - FY results is out! Resilient 2023 Cash PATMI of 781m. Proposed final dividend of 12 cents. FY net profit is down 79.0% y-o-y to $181 million from $861 million in FY2022 mainly due to revaluation of assets in China. 





Operating Patmi declined by 7% y-o-y to $568 million, mainly due to higher interest expense, lower contribution from China 


Overall revenue declined by 3.2% y-o-y to $2.78 billion from $2.88 billion last year.

Fee income-related businesses (FRB) revenue, which have been providing strong recurring contributions to the group’s overall returns y-o-y, gained 9% to $1.07 billion from $984 million a year ago.

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.





SBS Transit - FY results ia out! FY revenue is up 0m8 percent to 1.53b. NET profit is up 1.5 percent to 69.1m. Proposed Final dividend of 5.58 cents. Yield is about 4.15 percent at 2.69. I think the results is not bad!

 SBS Transit  - FY results is out! FY revenue is up 0.8 percent to 1.53b. NET profit is up 1.5 percent to 69.1m. Proposed Final dividend of 5.58 cents.  Yield is about 4.15 percent at 2.69. I think the results is not bad! 




XD 3rd May.

Pay date 14th May. 

Interim dividend of 5.58 cents plus Final dividend of 5.58 cents Total dividend of 11.16 cents of which I think is quite decent for a dividend play counter.  

Pls dyodd. 

Sunday, February 25, 2024

Venture - Nice Breakout at 14.13, Fantastic! A nice uptrend has formed today , Up 5 per cent or S$0.68 to close at S$14.40 after a knee jerk reaction to the results last Friday! 4th quarter net profit was up and strong demand for 2nd Half of 2024 would likely boost their Gross revenue and net profit for Y2024! Please take note!

Venture  - Nice Breakout at 14.13,  Fantastic! A nice uptrend has formed today , Up 5 per cent or S$0.68 to close at S$14.40 after a knee jerk reaction to the results last Friday! 4th quarter net profit was up and strong demand for 2nd Half of 2024 would likely boost their Gross revenue and net profit for Y2024! Do take note! 



 


Nice Breakout at 14.13, fantastic! Pathing the new uptrend direction!
Likely to rise up further towards 15 than 15.23 and 16 and above.
Pls dyodd. 

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. 

Friday, February 23, 2024

Genting Sing - Share price being sold down almost 10 percent upon releasing the FY results which was down due to Q4 core net profit fell 5 per cent year on year and 41 per cent quarter on quarter to S$127.1 million. Also market was anticipating a higher Final dividend of 2.5 to 3 cents instead of 2 cents. They have about 3.5b cash on hands, cash rich, net cash position! This sold down may present buying opportunity! Do take note!

  Genting Sing  - Share price being sold down almost 10 percent upon releasing the FY results which was down due to Q4 core net profit fell 5 per cent year on year and 41 per cent quarter on quarter to S$127.1 million. Also market was anticipating a higher Final dividend of 2.5 to 3 cents instead of 2 cents. They have about 3.5b cash on hands, cash rich, net cash position! 

This sold down from 1.03 to close at 93 cents may present buying opportunity! Do take note! 



I think bargain hunters may come in again if price fallen below 88 cents.

Likely to go down to test 90 cents than 85 cents.

Pls dyodd.


Genting Sing  - 2nd Half results is out ! NET profit increased 31 percent to S$334.9 million for the second half of 2023, from S$255.7 million. Proposed Final dividend of 2 cents ! A bit disappointed as I thought they would raise the Final dividend to 2.5 or 3 cents. Yield is rather low of  3.3 percent based on current price of 1.03.




Revenue for H2 rose 26 per cent to S$1.3 billion, from S$1.1 billion a year earlier.

FY Net profit was up 79.8 per cent to S$611.6 million. Revenue was up 40.1 per cent to S$2.4 billion.


Pls dyodd. 



  Genting Sing  - Yesterday,  she had a nice breakout of 1.05 the recent high and closed slightly higher at 1.06, looks rather positive!



 The only concern was that the volume is low! Next, resistance is at 1.09. Pls dyodd.  


Genting Sing  - Chart wise, bullish mode! Likely to reclaim 1.03 and rises higher towards 1.14 and above! Likely declare higher Final dividend of 2.5 cents !Do take note! 

Breaking out of 1.14 she may likely test 1.20.












Today went to Sentosa RWS for lunch and can see many tourist and traffic crowd patronizing RWS. I think businesses is good! 

Pls dyodd.


For over 30 years, Genting Singapore and its subsidiaries (the “Group”) have been at the forefront of gaming and integrated resort development in Australia, the Bahamas, Malaysia, the Philippines, Singapore and the United Kingdom. Today, we are best known for our award-winning flagship project, Resorts World™ Sentosa in Singapore, which is one of the largest fully integrated destination resorts in South East Asia. 

Genting Singapore is ranked among Singapore’s largest public-listed companies. Genting Singapore is a constituent stock of the FTSE Straits Times Index.

Today, more than 70% of Genting Singapore and its subsidiaries' team members are Singaporeans and Permanent Residents. There is great diversity in the company too, with more than 40 nationalities represented.

Our management team is very experienced and boasts a wide variety of skill sets.

Diverse skills set:

  • Large-scale Project Development
  • Casino Management and Marketing
  • Theme Park Operations
  • Marine Life Park Operations
  • Animal Health and Research
  • Marine Life Conservation and Education
  • Hotel Management and Operations
  • Spa Management and Operations
  • Food and Beverage
  • MICE and Events Management
  • Marketing and Sales Excellence

  • Genting Sing  - Chart wise,  bullish mode! High probability she may reclaim 1.03 and rises higher towards 1.09-1.10 level. Results is due on 22nd February! Do take note! 

Thursday, February 22, 2024

Genting Sing - 2nd Half results is out ! NET profit increased 31 percent to S$334.9 million for the second half of 2023, from S$255.7 million. Proposed Final dividend of 2 cents ! A but disappointed as I thought they would raise the Final dividend to 2.5 or 3 cents. Yield is rather low of 3.3 percent based on current price of 1.03.

 Genting Sing  - 2nd Half results is out ! NET profit increased 31 percent to S$334.9 million for the second half of 2023, from S$255.7 million. Proposed Final dividend of 2 cents ! A bit disappointed as I thought they would raise the Final dividend to 2.5 or 3 cents. Yield is rather low of  3.3 percent based on current price of 1.03.




Revenue for H2 rose 26 per cent to S$1.3 billion, from S$1.1 billion a year earlier.

FY Net profit was up 79.8 per cent to S$611.6 million. Revenue was up 40.1 per cent to S$2.4 billion.


Pls dyodd. 



  Genting Sing  - Yesterday,  she had a nice breakout of 1.05 the recent high and closed slightly higher at 1.06, looks rather positive!



 The only concern was that the volume is low! Next, resistance is at 1.09. Pls dyodd.  


Genting Sing  - Chart wise, bullish mode! Likely to reclaim 1.03 and rises higher towards 1.14 and above! Likely declare higher Final dividend of 2.5 cents !Do take note! 

Breaking out of 1.14 she may likely test 1.20.












Today went to Sentosa RWS for lunch and can see many tourist and traffic crowd patronizing RWS. I think businesses is good! 

Pls dyodd.


For over 30 years, Genting Singapore and its subsidiaries (the “Group”) have been at the forefront of gaming and integrated resort development in Australia, the Bahamas, Malaysia, the Philippines, Singapore and the United Kingdom. Today, we are best known for our award-winning flagship project, Resorts World™ Sentosa in Singapore, which is one of the largest fully integrated destination resorts in South East Asia. 

Genting Singapore is ranked among Singapore’s largest public-listed companies. Genting Singapore is a constituent stock of the FTSE Straits Times Index.

Today, more than 70% of Genting Singapore and its subsidiaries' team members are Singaporeans and Permanent Residents. There is great diversity in the company too, with more than 40 nationalities represented.

Our management team is very experienced and boasts a wide variety of skill sets.

Diverse skills set:

  • Large-scale Project Development
  • Casino Management and Marketing
  • Theme Park Operations
  • Marine Life Park Operations
  • Animal Health and Research
  • Marine Life Conservation and Education
  • Hotel Management and Operations
  • Spa Management and Operations
  • Food and Beverage
  • MICE and Events Management
  • Marketing and Sales Excellence

  • Genting Sing  - Chart wise,  bullish mode! High probability she may reclaim 1.03 and rises higher towards 1.09-1.10 level. Results is due on 22nd February! Do take note!