First Reit

Chart wise, it is on a downtrend mode patterns! Looks rather bearish! It has been sharply corrected from $1.42 to current price of $1.04.

 The selling down for past few days was quite intense with a dropping from $1.20 to $1.04. It seems that Big fish is pushing down the price to take advantage of the current market sentiment. The related news is here for you to refer to.


Stochastic has been driven into super oversold territories.

I am waiting for the price to stabilize first and perhaps a Reversal patterns is formed before taking action to add some.

Looking at their financial nos. Their DPU has been risen steadily from 8.1 cents to 8.6 cents from 2014 to 2018.

The current price of $1.04 is giving a yield of 8.26%.
NAV is $1.007.
P/B is about 1x.

Not a call to sell or buy.

Pls dyodd.


First Real Estate Investment Trust (“First REIT”) is a real estate investment trust constituted by the Trust Deed entered into on 19 October 2006 between Bowsprit Capital Corporation Limited as the Manager and HSBC Institutional Trust Services (Singapore) Limited as the Trustee. First REIT was listed on the Singapore Exchange Securities Trading Limited on 11 December 2006. On 1 March 2018, HSBC Institutional Trust Services (Singapore) Limited retired as the Trustee of First REIT in favour of Perpetual (Asia) Limited. First REIT is Singapore’s first healthcare real estate investment trust that aims to invest in a diversified portfolio of income-producing real estate and / or real estate-related assets in Asia that are primarily used for healthcare and / or healthcare-related purposes. Managed by Bowsprit Capital Corporation Limited, First REIT’s portfolio consists of 20 properties located in Indonesia, Singapore and South Korea, namely 1) Siloam Hospitals Lippo Village, 2) Siloam Hospitals Kebon Jeruk, 3) Siloam Hospitals Surabaya, 4) Imperial Aryaduta Hotel & Country Club, 5) Mochtar Riady Comprehensive Cancer Centre, 6) Siloam Hospitals Lippo Cikarang, 7) Siloam Hospitals Manado & Hotel Aryaduta Manado, 8) Siloam Hospitals Makassar, 9) Siloam Hospitals Bali, 10) Siloam Hospitals TB Simatupang, 11) Siloam Hospitals Purwakarta, 12) Siloam Sriwijaya, 13) Siloam Hospitals Kupang & Lippo Plaza Kupang, 14) Siloam Hospitals Labuan Bajo, 15) Siloam Hospitals Buton & Lippo Plaza Buton 16) Siloam Hospitals Yogyakarta 17) Pacific Healthcare Nursing Home @ Bukit Merah, 18) Pacific Healthcare Nursing Home II @ Bukit Panjang, 19) The Lentor Residence and 20) Sarang Hospital. Its hospital assets in Indonesia are operated by PT Siloam International Hospitals Tbk, a subsidiary of PT Lippo Karawaci Tbk, a strong brand name in the Indonesian healthcare industry supported by a team of international healthcare professionals, whereas the Imperial Aryaduta Hotel & Country Club and Hotel Aryaduta Manado are operated by The Aryaduta Hotel & Resort Group. Lippo Plaza Kupang and Lippo Plaza Buton are managed by PT Lippo Malls Indonesia. In Singapore, the nursing homes at Bukit Merah and Bukit Panjang are operated by Pacific Healthcare Nursing Home Pte Ltd and Pacific Eldercare and Nursing Pte Ltd respectively. The Lentor Residence is operated by The Lentor Residence Pte Ltd, while Sarang Hospital in South Korea is managed by a private doctor. Through First REIT, investors can participate in an asset class that has a focus towards Asia’s growing healthcare sector, which is boosted by an increase in life expectancy in Indonesia and the rest of Southeast Asia.

UMS

TA wise , looks super Bearish!
Another Gap down this morning, it is trading at 62 cents !
I think market is not in favor of the latest dividend being cut from 1 cents to 0.5 cents .

Please mind the Gap as it may continue to trend lower!

Shirt term wise, I think likely to test 60 then 55 cents with extension to 52 cents.

Not a call to buy or sell.

Pls dyodd.



UMS Holdings Limited, an investment holding company, provides high precision front-end semiconductor components, and electromechanical assembly and final testing services. It operates through two segments, Semiconductor and Others. The Semiconductor segment offers precision machining components and equipment modules for semiconductor equipment manufacturers. The Others segment provides water disinfection systems shipment services; and supplies base components to oil and gas original equipment manufacturers. The company also offers precision machining services, including milling, lathe, horizontal, cleaning, anodizing, and CMM; metal finishing services, such as electroless and selective nickel, anodizing, plating, e-polish, chemical cleaning, and parts refurbishment; and system integration, refurbishment, prototyping, and vendor managed inventory services, as well as electroplating services. In addition, it is involved in the assembly and integration of equipment and automated assembly lines; manufacture and assembly of stainless steel gaslines and weldment products; manufacture and repair of waste water treatment equipment; and holding of investment properties. The company serves semiconductor, electronic, machine tools, aerospace, and oil and gas industries. It operates in Singapore, Malaysia, the United States, Poland, Taiwan, South Korea, and the People’s Republic of China. UMS Holdings Limited was incorporated in 2001 and is headquartered in Singapore.

UOL

TA wise, looks super bearish!

We can notice from the chart patterns there were 2 Gap Down happening and the price cannot fight against the Bear and continue to trend even lower.

 Whenever a Gap down is happening it tells us something is happening. The Gap down could be due to the properly cooling measures. Price has since gone even lower after experiencing this Gap down. 

Short term wise, I think it may likely go lower to retest $5.98 price level. Breaking down of $5.98 with high volume that may drive the price even lower to slide down towards 5.60 with extension to $5.20.

 Not a call to buy or sell.

 Pls dyodd.

 NAV $11.33

Dividend of 17.5 cents.

Yield is about 2.84%.

P/B 0.54


I think the only consolation is the P/B is trading at 0.54.

I think Yield is not attractive which is below 3%.


UOL Group Limited, through its subsidiaries, primarily engages in property development and management, property investments, and hotel businesses. Its property development projects include residential units, office towers and shopping malls, and hotels and serviced suites. The company also owns and/or manages approximately 30 hotels under the Pan Pacific and PARKROYAL names in Asia, Oceania, and North America with approximately 10,000 rooms in its portfolio. In addition, it is involved in the rental of serviced suites, commercial offices, and retail malls; treasury services business; management of serviced suites; operation of restaurants; and management and operation of health and beauty retreats and facilities. Further, the company engages in the retail of computer hardware and software; property trading business; management and licensing of trademarks; retail management consultancy services business; and provision of information technology related products and services. UOL Group Limited has operations in Singapore, Australia, Vietnam, Malaysia, the People’s Republic of China, Myanmar, and the United Kingdom. The company was formerly known as United Overseas Land Limited and changed its name to UOL Group Limited in 2006. UOL Group Limited was founded in 1963 and is based in Singapore.

SingPost

TA wise, looks super Bearish!
It is an obvious long term Downtrend chart patterns.

If 95 cents is not able to hold up well then next support would be at 92 .

I think strong support is at 92 cents. This may present an opportunity. Breaking down of 92, next could be heading down to 85 cents then 80 cents. 

Not a call to buy or sell.

Pls dyodd.



NAV of 61 cents.
P/b of 1.57
Trailing EPS of 5.2 cents.
PE of 18.5x.
Dividend of 3.5 cents.
Yield of 3.6%

I think decent yield of 3+%. But not as good as compare to SingTel that is yielding 5.7% at $3.05.



Singapore Post Limited, together with its subsidiaries, provides postal, ecommerce logistics, and retail services in Singapore, the United States, can, and internationally. The company operates through four segments: Postal, Logistics, eCommerce, and Property. The Postal segment offers services for collecting, sorting, transporting, and distributing domestic and international mail, as well as sells philatelic products. Its international mail service includes handling of incoming and outgoing international mail. This segment also provides ePost hybrid mail services, which integrate electronic data communication with traditional mail; and agency services and financial services. The Logistics segment offers a range of logistics solutions, including freight, warehousing, domestic and international distribution, and delivery services. Its services include ecommerce logistics, warehousing, fulfilment and distribution, and other value-added services; and parcel delivery, freight forwarding, and self-storage solutions and management services. The eCommerce segment provides front-end ecommerce solutions. The Property segment provides commercial property rental services. The company is also involved in the online sale of luxury products; provision of management and consultancy services to related entities, as well as business mail solutions and distribution of mail, and global sale and marketing services. In addition, it provides electronic platform and recyclable lockers for merchandise distribution, as well as customs brokerage and freight forwarding services; and acts as a trading company and purchases organization for ocean freight services. Further, the company is involved in the courier activities other than national post activities; and provision of freight collections transshipments, logistics management, and aviation services. Singapore Post Limited was founded in 1819 and is headquartered in Singapore.

STI ETF

Today Gap down doesn't look good ! Likely to continue to trend lower!

Is good to be cautious!

20th Oct 2018
I think is almost good time to revisit this STI ETF as can be seen from the chart, RSI is gently rising . Market may still has some room to go lower and the bottom line could be somewhere near 2830 level.

PE is about 10.69x which is still undervalue as the historical average PE is about 15x.
Dividend yield of about 3.63%.

When is the Best time to lock in profit is when the RSI is over 70 and the PE is more than 20.

Not a call to buy or sell.
Pls dyodd.

I think good investing does not require too many fanciful ideas and strategies. Just one simple no-brainer strategy that can work effectively through time and allow us to sit back and relax to enjoyr the reward of the investment that is working effortlessly to achieve our investment goal of getting 8-10% gain( passive income).

This simple strategy is to invest in a low cost ETF( Exchange Traded Fund)  such as the STI ETF (ES3.SI) or NIKKO AM STI ETF(G3B.SI) 

This method of operation is to buy into STI ETF whenever it is in an oversold condition and to sell off and take profits whenever it is in an overbought condition. 

For example, one may use the  indicator such as the Relative Strength Index (RSI) to determine overbought ( above 70 ) or oversold condition( below 30).

One may plan to buy and selling of units in several batches whenever in oversold or overbought conditions in order to get the best average price.

For example you may plan to buy in at different interval or whenever the Oversold situation happen .

In any one year, there will be three to four such window opportunities of overbought or oversold conditions to operate by buying or selling units of the ETF. At the same time, we can also kept some units always to receive dividend income and for their long term growth in price appreciation.

With discipline and patience , one should be able to get good average returns per year in excess of certain % by this one simple strategy of investing in one single ETF .I think This simple one strategy is safe and allow one to sleep soundly at night without worry of negative news affecting individual stocks in one's portfolio which could crash the share price of the particular stock the next day. This is because even if one or two of the component stocks in STI ETF of blue chips should collapse in share prices, there will be 28 others to diversify away the risk of the entire portfolio collapsing at anytime.

As for younger folks who just started out working and does not have enough cashflows and savings , one may start to spread out the different batch of buying or applying the Dollar-cost-averaging method by investing $1000 at 6-8 different batches that would be able to achieve  lower average costs per unit. 

the example are as follows:-

1. When the index price is $2.00, your $1000 will be able to buy 500 shares.
2. When the index price is $2.50, your $1000 will be able to buy 400 shares
3. When the index price is $2.90, your $1000 will be able to buy 344 shares
4. When the index price is $1.66, your $1000 will be able to buy 625 shares
5. When the index price is $3.00, your $1000 will be able to buy 333 shares
6. When the index price is $3.20, your $1000 will be able to buy 312 shares
7. When the index price is $3.50, your $1000 will be able to buy 285 shares

Total = $7000 / 2799 shares = $ 2.50 average cost per unit.

By using this method, you will be able to make a profit once the stock market rises above this low average price.

RSP :

Just sharing.

Not a call to buy or sell.






Please do your own due diligence.

SingTel

This is perhaps one of the solid blue chips for Telco that you may want to take note of!

Yearly dividend of 17.5 cents .
Yield of 5.65% base on current price of $3.10.


Chart wise, looks bearish!
Immediate support is at $3.08. Next support is at $3.05 then $3.02.
The major support is at $3.00 region.

At $3.02, the yield would be 5.8% looks very attractive to me and is almost on par with most of the Reits counter that is yielding a yield of 5-7%.

I would be looking at the golden opportunity to accumulate if price further weaken to $3.05 and below.


Not a call to buy or sell.

Please do your own due diligence!


The management has made announcement in FY2017 that they would continue to payout 17.5 cents of dividend for 2 financial years.

The dividend of 17.5 cents for next 2 financial years is here.

Let us take a look at their past years financial numbers as per below tables:

Average Underlying Net Profit is about $3.7b.

Assuming future underlying Net profit may go lower, may be about $3.4-$3.5b.
0.75 X $3.45b = 2.5875 / 16.322(no of share) = 15.85 cents.

No of shares = 16.322 b 
Payout ratio 75% 

If Payout ration 60% , then dividend per share is about 12.7 cents.

Their free cash flow of about $3.6b I think has no problem to continue in paying out the dividend.