M1

I think result has shown some improvement and overall Net profit has risen 1.5% to $36.2m.

Come Monday would have to see if Mr.Market is in favor of this set of financial results!

TA wise, it is on a consolidation mode. A breaking out if $1.65 would be positive to take it higher towards $1.70 then $1.76 level.

Not a call to buy or sell.

Please do your own due diligence.


Results for half year ended 30 June 2018

 Service revenue for second quarter grew 5.2% year to S$193.0 million

 Fixed services revenue for second quarter grew 27.4% year on year to S$36.7 million

 Interim dividend of 5.2 cents per share.

SINGAPORE,  27  July  2018  -  M1  Limited  (M1)  today  announced  the  unaudited  group  financial  results for  the  six months  ended 30  June  2018. 

 For  the  second  quarter  of  2018,  service  revenue  grew  5.2%  year-on-year  to  S$193.0  million.  This  was mainly  driven  by  higher  postpaid  and  fixed  services  revenues,  which  grew  5.7%  and  27.4%  year-on-year to  S$132.6  million  and  S$36.7  million  respectively.

 EBITDA  increased  1.4%  year-on-year  to  S$78.4 million and net  profit  after  tax increased  1.5%  year-on-year  to S$36.2 million. 

 Fixed  services  continued  to  post  strong  growth  across  both  corporate  and  residential  segments.  Fibre customer  base  grew  6,000  quarter-on-quarter  to  200,000  and  fixed  revenue  accounted  for  19.0%  of second  quarter  service  revenue, compared  to  15.7%  a  year  ago. During  the  quarter,  M1  added  34,000  postpaid  customers,  to  bring  the  postpaid  customer  base  to  1.34 million  as  at  30  June  2018.

 Monthly  postpaid  churn  remained  stable  year-on-year  at  1.0%.  Contribution from  mobile  data  increased  to  64.4%  of  service  revenue,  up  from  55.3%  a  year  ago.  Average  postpaid smartphone  data  usage  grew  to  5.2GB  per  month  in  the  second  quarter  of  2018,  from  3.9GB  per  month  a year  ago.

  “M1  is  committed  to  stay  at  the  forefront  of  technology  advancements  and  has  embarked  on  early  multivendor  5G  trials,  including  Singapore’s  first  end-to-end  5G  live  trial  in  June  2018.  This  could  provide insightful  learning  crucial  to  the  successful  development  of  relevant  5G  services.  With  our  foundation  of dense  cell  grid  and  advanced  narrowband  Internet-of-Things  network,  we  are  well  positioned  to  harness exciting  new  capabilities  and  support  highly  reliable  and  responsive  applications  on  our  network,”  said Ms Karen  Kooi, Chief  Executive Officer,  M1. 

 “The  Smart  Nation  initiatives  will  accelerate  the  digitalisation  and  transformation  of  businesses.  By leveraging  on  our  scaled  up  ICT  and  digital  capabilities,  we  will  be  able  to  capture  new  opportunities from  Smart  Nation  initiatives  and  support  businesses  to leverage digital  technologies,” Ms  Kooi  added. 

 M1’s  Board  of  Directors has declared an interim  dividend of  5.2 cents per  share.

 More  details  are  available at  the following  links: M1 direct  weblink:   https://www.m1.com.sg/aboutm1/investors/financialandoperatingresults SGX direct 

Facebook

The recent quarter financial results is below market expectation that sent it's share price tumbling down to close at $174.89 yesterday .

 52 weeks price range is hovering between $147.80 to $ $203.55.

With this Gapped down situation, looks like price may continue to go lower . The critical level to take nite is $17.30 . Breaking down may see further selling down pressure. Likely to slide down to $167.35 then $160 with extension to $151 level .

 Not a call to buy or sell.

 Please do your own due diligence.

 Facebook, Inc. provides various products to connect and share through mobile devices, personal computers, and other surfaces worldwide. Its products include Facebook Website and mobile application that enables people to connect, share, discover, and communicate with each other on mobile devices and personal computers; Instagram, a community for sharing visual stories through photos, videos, and direct messages; Messenger, a messaging application to communicate with other people, groups, and businesses across various platforms and devices; and WhatsApp, a mobile messaging application. The company also offers Oculus virtual reality technology and content platform, which allows people to enter an immersive and an interactive environment to train, learn, play games, consume content, and connect with others. As of December 31, 2017, it had approximately 1.40 billion daily active users. Facebook, Inc. was founded in 2004 and is headquartered in Menlo Park, California.

Cosco Shpg

Chart wise, looking good to continue to move up to re-attempt the recent high of 41 cents.

Breaking out with ease + high volume, that may propel to drive the price higher towards 45.5 cents with extension to 48 cents.

We would like to ride on the bullish white soldier thrust bar appeared on 24th July 2018 and take it higher towards 45.5 cents.

The company with the recent acquisition of Cogent Logistics + restructuring of the Yard business, it is slowly gaining back into profitable situation.

The coming quarter financial results reporting would be interesting to see how it fares and may provide further insights for it's futures business revenue/net profit direction.

Let say the EPS is about 3 cents, The PE would be About 13.1x based on current price of $0.395.

Not a call to buy or sell.

Please do your own Due diligence.



COSCO SHIPPING International (Singapore) Co., Ltd., an investment holding company, provides integrated logistics management services in South and Southeast Asia. Its logistics services include transportation management, container depot management, automotive logistics management, warehousing, and property management services. The company also offers ship repair and marine engineering services. In addition, it transports dry bulk cargos comprising grains, iron ore, coal, steel, cement, and fertilizers through operating three bulk carriers. Further, the company engages in the property rental activities. The company was formerly known as COSCO Corporation (Singapore) Limited and changed its name to COSCO SHIPPING International (Singapore) Co., Ltd. in April 2017. COSCO SHIPPING International (Singapore) Co., Ltd. was incorporated in 1961 and is based in Singapore. COSCO SHIPPING International (Singapore) Co., Ltd. is a subsidiary of China Ocean Shipping (Group) Company.

Hi-P & AEM

From TA point of view, it is looking rather bullish as it has managed to bounce-off from the low of $1.13 and stage a strong recovery to close at $1.39 today .

The current price is staying above it's 20 & 50 days moving average.looks rather positive and may likely continue to head higher.

Breaking out of $1.43 level with good volume that may propel to drive the price higher towards $1.50 then $1.57/$1.60 level.


NAV of 65.4 cents.
Rolling EPS of 15 cents.
PE of less than 10X
Dividend of about 10 cents.
Yield is 7% which is rather impressive.

Not a call to buy or sell.

Please do your own due diligence.

Latest 1Q result for your reference. Gross Profit increased 13% to reach 37.8m. 
Net Profit increase marginally of 1.3% to 12.1m after factoring the foreign exchange loss of 13m..

Hi-P International Limited operates as an integrated contract manufacturer serving the telecommunications, consumer electronics, computing and peripherals, lifestyle, and medical and industrial devices industries. The company operates through three segments: Precision Plastic Injection Molding; Mold Design and Fabrication; and Provision of Sub-Product Assembly and Full-Product Assembly Services. It manufactures and sells molds and special tools, related housing appliance plastic components and equipment, and water treatment equipment; plastic components and plastic product modules; mold base and components; electric components and electronic communication equipment; in-mold decoration lenses; precision stamped metal components and precision tools; and metal and non-metal stampings, as well as provides spray painting, engineering support, maintenance, and technology consultation services. In addition, the company engages in the manufacture, wholesale, import and export, and sale of electronic telecommunication devices, housing appliances, automated equipment, and related components. Further, it manufactures and sells trays, mobile phones, telecommunication products, digital cameras and related electronic products, and electric toothbrushes; assembles coffee machines and parts, as well as provides related maintenance and after-sales services; and offers investment and management consulting services. Additionally, the company engages in the assembly and provision of ancillary value-added services, primarily surface finishing services. It has operations primarily in the People's Republic of China, Singapore, Malaysia, Thailand, Europe, the United States, the rest of Americas, and internationally. The company was founded in 1980 and is headquartered in Singapore.

Similarly for AEM, it is on a nice Reversal chart patterns and may likely continue to move up to re-captured the recent high of $1.24. 

Crossing over with ease + high volume that may propel to drive the price higher towards $1.30 then $1.40 with extension to $1.49.

Trade / invest base on your own decision.

OCBC Bank

TA wise, it is looking rather bullish especially with the Gapped up being happening on 25th July 2018 and closed well at $11.66 price level. The next day it has follow-through but wasn't able to close well.

This Bullish candlestick bar is providing us the driving force/momentum to take advantage of the current situation.

Likely to see price heading higher to retest $12.00 then $12.50 with extension to $13.00.


NAV of $9.205.
P/B 1.22x
EPS of $1.01.
PE of 11.5x

Dividend of $0.37.
Yield of 3.27%.

Looking through their financial numbers for the past 5 years , Total revenue has risen from $7.83b in 2014 to $9.33b in 2018. This is quite positive.

Total Net Income has also risen from $3.84m in 2014 to $4.4b in 2018. This is pretty impressive.

Not a call to buy or sell.

Please do your own due diligence.


Oversea-Chinese Banking Corporation Limited provides financial services in Singapore, Malaysia, Indonesia, Greater China, other parts of the Asia Pacific, and internationally. The company's Global Consumer/Private Banking segment provides a range of products and services to individuals, including checking accounts, and savings and fixed deposits; housing and other personal loans; credit cards; wealth management products consisting of unit trusts, bancassurance products, and structured deposits; and brokerage services. This segment also offers investment advice and portfolio management, estate and trust planning, and wealth structuring services for high net worth individuals. Its Global Corporate/Investment Banking segment provides project financing, overdrafts, trade financing, and deposit accounts; fee-based services, such as cash management and custodian services; and investment banking services, including financing solutions, syndicated loans and advisory services, corporate finance services for initial public offerings, secondary fund-raising, and takeovers and mergers, as well as customized and structured equity-linked financing services. It serves corporates, public sector, and small and medium enterprises. The company's Global Treasury and Markets segment is involved in the foreign exchange activities, money market operations, and fixed income and derivatives trading, as well as provision of structured treasury products and financial solutions. Its OCBC Wing Hang segment offers commercial banking, consumer financing, share brokerage, and insurance services. The company’s Insurance segment provides fund management services, and life and general insurance products. Its Others segment is involved in property and investment holding activities. As of May 7, 2018, the company operated a network of 590 branches and representative offices in 18 countries and regions. Oversea-Chinese Banking Corporation Limited was founded in 1912 and is headquartered in Singapore.

SingTel

I think price may move up to cover the Gap.

The company will be releasing its 1Q2018 result on 8th Aug before trading commence.

http://infopub.sgx.com/Apps?A=COW_CorpAnnouncement_Content&B=AnnouncementLast12Months&F=RJ4CD5XI53N69BAA&H=f096a394aea8b3481769586ddddf6c6aed4bcd67410cac19bb4bdb8b24a8e9a3

The price just went ex.dividend yesterday as we can witnessed the Gap down of the candlestick bar being appeared on the chart.
Yesterday closing price of $3.19 is giving a yearly yield of 5.485% which is rather attractive.

I think any further weakness in price, it will present a golden opportunity for me to accumulate at a much cheaper price + higher dividend yield. Long term wise, price may fluctuate up and down, but the current market depressing price is providing a good MOS for a medium to long term investment opportunity.

I did not sell off the share but hold on to it to collect dividend + waiting for a better price to rise back to have the possibility of making some capital gains.

Plus point:

I think SingTel has a stronger balance sheet, stronger free cash flow and it pays out a fraction of its earnings as dividends to shareholders.

If the price on a good investment goes lower, I think it is presenting a good value .

18 May 2018 - long time didn't see company buying back share ! Looks positive!

Today saw the company bought back 294000+ share between $3.42 to $3.43.


http://infopub.sgx.com/Apps?A=COW_CorpAnnouncement_Content&B=AnnouncementToday&F=H1UR0B3BPABL4KB0&H=b2e5d5b80b08f4cc5d2922ce03a9263e1a932c75229c687d33fd403eb23c2132

Not a call to buy or sell.

Please do your own due diligence.


Singtel posts record full-year earnings on NetLink Trust divestment and strong core business 

Financial year ended 31 March 2018









 Record net profit of S$5.45 billion, including divestment gains from NetLink Trust  Operating revenue up 5% to S$17.53 billion

 Strong core and digital businesses drive growth









 Free cash flow up 18% to S$3.61 billion on strong operating cash flow

 Q4 revenue stable and net profit down 19% on weaker associates’ earnings

 Proposed final dividend per share of 10.7 cents; total dividend per share of 17.5 cents

DIVIDENDS

The Board is recommending a final ordinary dividend per share of 10.7 cents, bringing the total ordinary dividend per share for the year to 17.5 cents, representing a payout of approximately S$2.86 billion.

Barring unforeseen circumstances, the Group expects to maintain its ordinary dividends of 17.5 cents per share for the next two financial years and thereafter, will revert to the payout of between 60% and 75% of underlying net profit.