Frasers Property

NAV of $2.453.

 Price per book value of 0.689.

 Yearly dividend of 8.6 cents for the past 5 years.

 Total revenue has been generally rising from $2203m to $3893m.

 The current price is hovering slightly above the 52 weeks low of $1.58.

 The past 2 days has been seeing some buying activities.

 Looks like undervalue is surfacing .

 Short term wise, it may likely move up to revisit $1.72 then $1.75 level with extension to $1.80.

 The next dividend should be in Nov where one could be expecting to receive 6.2 cents .

 Not a call to buy or sell.

 Pls dyodd.



 Frasers Property Limited, a real estate company, owns, develops, and manages a diverse, integrated portfolio of properties. It operates through four business units: Singapore, Australia, Hospitality, and Europe and rest of Asia. The company’s assets range from residential, retail, commercial, and business parks, to industrial and logistics in Singapore, Australia, Europe, China, and Southeast Asia. Its hospitality business owns and/or operates serviced apartments and hotels in over 80 cities across Asia, Australia, Europe, the Middle East, and Africa. The company also acts as a sponsor of four vehicles listed on the SGX-ST, comprising three REITs, including Frasers Centrepoint Trust, Frasers Commercial Trust, and Frasers Logistics & Industrial Trust, focused on retail properties, office and business space properties and business parks, and logistics and industrial properties respectively, as well as one stapled trust, Frasers Hospitality Trust, focused on hospitality properties. The company was formerly known as Frasers Centrepoint Limited and changed its name to Frasers Property Limited in February 2018. Frasers Property Limited was incorporated in 1963 and is headquartered in Singapore. Frasers Property Limited is a subsidiary of TCC Assets Limited.

Sembcorp Ind

From TA point of view, it is looking rather bullish especially with the run away Gap up being presented on the chart today. Up 13 cents and closed well at $2.88.


The volume was also high that signify bull is having the upper control. Which also means there are more buyer than seller.

 Short term wise, with the bullish Gap up, we may likely see it rises further to retest $3.00 with extension to $3.10 level.


 Not a call to buy or sell.

 Pls dyodd.



 Sembcorp Industries Ltd engages in the utilities, marine, and urban development businesses. The company’s Utilities segment provides energy, water, on-site logistics, and solid waste management services to industrial, commercial, and municipal customers. Its activities in the energy sector include power generation and process steam production, as well as natural gas importation and retail; and water sector comprise wastewater treatment, and production and supply of reclaimed, desalinated, and potable water, as well as water for industrial use. This segment has approximately 11,000 megawatts of gross power capacity; and manages facilities that provide approximately 9 million cubic meters per day of water. Its onsite logistics and services include service corridor, chemical storage, and terminalling facilities, as well as hazardous waste incineration and industrial gases supply services; and solid waste management services, such as municipal, industrial and commercial, construction and demolition, and bio-hazardous waste collection services, as well as post-collection treatment and waste-to-resource services. The company’s Marine segment provides integrated solutions for the marine and offshore industry, such as rigs and floaters, repairs and upgrades, and offshore platforms and specialized shipbuilding. Its Urban Development segment owns, develops, markets, and manages integrated urban developments comprising industrial parks, as well as business, commercial, and residential spaces. The company’s Others/Corporate segment includes businesses relating to minting, design, and construction activities; and offshore engineering and others. It operates in Singapore, China, India, rest of Asia, the Middle East, Africa, Europe, Brazil, the United States, and internationally. The company was formerly known as Minaret Limited and changed its name to Sembcorp Industries Ltd in July 1998. The company was incorporated in 1998 and is headquartered in Singapore.

Sembcorp Marine

Oil jumps 3.1% to 2-week high, settling at $67.86, after big drop in US crude stockpiles.

 From TA point if view, it is still trying to re-captured the support turn resistance level at $1.71.

A nice Breaking out if 1.71 + high volume that may drive the price higher towards $1.80 with extension to $1.85 level.

NAV of $1.117.
P/B 1.5x

Sembcorp Marine Ltd, an investment holding company, provides offshore and marine engineering solutions worldwide. The company engages in the turnkey design, engineering, procurement, construction, and commissioning of offshore newbuilding and conversions, FSOs, FPSOs, FDPSOs, FPUs, MOPUs, gas terminals, FLNGs, FSRUs, jack-ups, semi-submersibles, drill ships, SSP solutions, TLPs, and SPARs. It also engages in the repair, refurbishment, retrofitting, life-extension, upgrading, and conversion of vessels, marine and offshore structures, LNG and LPG gas carriers, cruise ships, ferries, mega-yachts, floating production vessels, MODUs, tankers, containers, and cargo ships, as well as offers jumboization and dejumboization solutions. In addition, the company offers afloat and emergency repair, underwater cleaning and repair, main engine maintenance and repair, steel and pipe work, electrical and instrumentation repair, mechanical and motor rewind repair, tank cleaning, sludge and oily waste disposal, staging work, hydro jetting and hydro/vacuum blasting, riding crew and voyage repair, specialized workshop repair and reconditioning, vessel towage and port clearance arrangement, specialists service and navigation, automation, safety, and fire protection services. Further, it offers offshore platform solutions, such as integrated process; production, riser, and drilling; wellhead, power generation, manifold, and accommodation platforms; and wind-farm substations, as well as topside modules fabrication, installation, and integration. Additionally, it designs and builds sophisticated, specialized, gas value chain, ferry, RoPax, cruise, renewable energy and offshore support, naval support and security, and research and scientific survey vessels. The company was formerly known as Jurong Shipyard Ltd and changed its name to Sembcorp Marine Ltd in 2000. The company was founded in 1963 and is headquartered in Singapore. Sembcorp Marine Ltd. is a subsidiary of Sembcorp Industries Ltd.

ST Engineering

Looking at their financial numbers for the past 5 years, we can notice that the Total revenue has generally rising marginally from $6.5b to $6.7b.

Net Income is almost flat from $531m to about $540m.

Diluted EPS is withing the range of 11 cents to 12.7 cents.

But dividend paying out has been increased from 8 cents to 15 cents .

Yield is about 4.5% which is quite nice..

From TA point of view, it seems like it is trying to do a Reversal from the current position.
We can notice a Bullish Engulfing candlestick appeared yesterday covering the previous day candlestick.
Looks rather bullish! Stochastic is also showing sign of a positive divergence.

I think it may likely head higher to retest $3.35 then $3.41 level.

Not a call to buy or sell.

Please do your own due diligence.

Singapore Technologies Engineering Ltd provides integrated defense and engineering services worldwide. It operates through four segments: Aerospace, Electronics, Land Systems, and Marine. The Aerospace segment provides maintenance, repair, and overhaul services (MRO) in airframe, component, and engine; aviation materials and asset management services, as well as aircraft interior solutions; training services for pilot and technical vocations, as well as air charter services; and engineering and design solutions, including passenger-to-freighter conversions and aircraft seats, as well as aviation support services. The Electronics segment provides electronic and infocomm technology, intelligent transportation and telematic, satellite communications and remote sensing satellite, sensors and electro-optic, and defense and homeland security solutions, as well as modelling, simulation, and edutainment solutions for e-government, rail and intelligent transportation, satellite communications, cyber security, and others. The Land Systems segment provides integrated land systems, specialty vehicles, and related life support services for defense, homeland security, and commercial applications. This segment also offers mobility solutions, weapons and ammunitions, munitions, soldier systems, logistics, and training and MRO services. The Marine segment offers shipbuilding, repair, and conversion services for naval and commercial vessels. This segment provides turnkey solutions, including concept definition, basic design, detailed and production engineering, construction, system installation and integration, testing, commissioning, and through-life support; ship repair and ship conversion services; and sustainable environmental engineering solutions. The company was incorporated in 1997 and is headquartered in Singapore.

Wilmar Intl

A beautiful set of 2nd quarter result .   WILMAR 2Q2018 NET EARNINGS INCREASES FIVEFOLD TO US$316 MILLION

 - Core net profit increases tenfold to US$352 million

 - Higher crush volumes and margins for Oilseeds & Grains - Healthy performance for Consumer Products

  - Tropical Oils boosted by midstream and downstream businesses

 - Improved performance for Sugar merchandising and processing

 - Proposed interim tax-exempt dividend of S$0.035 per share, 17% increase from 1H2017 dividend

It has just went ex.dividend and it is still looking good to continue this uptrend move!

 It may likely move up to retest $3.25 then $3.30 level with extension to $3.40 level.

Not a call to buy or sell.

Please do your own due diligence.

StarHill Reit

4th quarter dpu of 1.09 cents is more or less the same as per 3rd quarter dpu.
A flat quarter result.

It seems that the price has hit the bottom and yield is looking attractive + a great discount against it NAV of 91 cents.

Estimated DPU of 4.5 cents.
Yield is about 6.5% base on the closing price today at 69 cents.

For this retail and office Reit, noting that its committed Singapore office occupancy has moved from a low of 83.5 per cent in its fiscal first quarter ended Sept 30, 2017, to 95 per cent as at June 30, 2018.

Occupancy was buoyed after The Great Room, a co-working operator, commenced its operations in June at Ngee Ann City by taking up 15,000 square feet of space.


Buying interest has been rising for the past 3 days as can be seen from the chart the slightly increased in volume + price gained 2 cents from 67 to 69 cents.

Looks like it may move up to retest 70.5 cents .
Crossing over with ease + good volume that may drive the price higher towards 72.5 cents.

Not a call to buy or sell.

Please do you own due diligence.