Singapore Telecommunication

 TA wise, bullish mode!

Likely to rise up to test 2.57 then 2.61!

A nice breakout of 2.61 smoothly may likely see her rising up to test 2.70 then 2.80.

Please dyodd.

 Chart wise,  she has managed to bounced off from the low of 2.43 to close at 2.52 looks rather positive!

Short term wise,  I think likely to rise up to test 2.61! A nice breakout smoothly may likely drive the price further towards 2.70 level!

XD 2nd Aug . Final dividend of 5.3 cents . The special dividend of 2.5 cents Hopefully it may get payout together with the final dividend!

We will know after the AGM.

Please dyodd.

Singapore Telecommunications (Singtel) is a telecommunications group offering a wide range of services such as mobile, data and internet services, as well as info-communications technology and pay-television.

Full Year results at a glance :

Earnings were up 14% to $2.23 billion, compared to $1.95 billion a year ago. This was due to the strong performance of its core businesses, underpinned by robust mobile growth and price increases.

Ocbc

 

 Chart wise,  bearish mode!

Likely to see further weakness!

Immediate support is at about 12.20.

Yearly dividend is about 0.65-0.68.

Yield is about 5.29% or 5.5% at 12.28 seems quite a gd yield!

Pls dyodd.

 OCBC Bank is the longest established Singapore bank, formed in 1932 from the merger of three local banks, the oldest of which was founded in 1912. It is now the second largest financial services group in Southeast Asia by assets and one of the world’s most highly-rated banks, with Aa1 by Moody’s and AA- by both Fitch and S&P. Recognised for its financial strength and stability, OCBC Bank is consistently ranked among the World’s Top 50 Safest Banks by Global Finance and has been named Best Managed Bank in Singapore by The Asian Banker.

OCBC Bank and its subsidiaries offer a broad array of commercial banking, specialist financial and wealth management services, ranging from consumer, corporate, investment, private and transaction banking to treasury, insurance, asset management and stockbroking services.

OCBC Bank’s key markets are Singapore, Malaysia, Indonesia and Greater China. It has more than 420 branches and representative offices in 19 countries and regions. These include over 190 branches and offices in Indonesia under subsidiary Bank OCBC NISP, and over 60 branches and offices in Mainland China, Hong Kong SAR and Macau SAR under OCBC Wing Hang.

OCBC Bank’s private banking services are provided by its wholly-owned subsidiary Bank of Singapore, which operates on a unique open-architecture product platform to source for the best-in-class products to meet its clients’ goals.

OCBC Bank's insurance subsidiary, Great Eastern Holdings, is the oldest and most established life insurance group in Singapore and Malaysia. Its asset management subsidiary, Lion Global Investors, is one of the largest private sector asset management companies in Southeast Asia.

Yearly dividend of about 0.65 to 0.68.

Current Price of 12.23, yield is about 5.31% /5.5%.

P/B is slightly above 1.

The dividend yield is above 5% which is considered good!

Chart wise, it is trading in a consolidation mode!

Waiting for the next catalyst to drive the price higher.

Looking at the chart we can see some buying interest with huge volume transacted on certain day which is rather interesting!

Will it repeat the same price patterns!

We will know the answer in next few trading sessions!

Pls dyodd.

YZJ Shipbldg

 

About Group Details

Yangzijiang Shipbuilding is a large enterprise group with shipbuilding and Marine engineering manufacturing as its main business, shipping leasing, trade logistics and real estate as its supplement. The company's history can be traced back to 1956. It started as a shipbuilding cooperative. After a series of development, such as factory relocation in 1975, stock restructuring in 1999, construction of a new plant across the river in 2005 and listing in 2007, it is now the first Chinese Shipbuilding enterprise listed in Singapore.

Group company consists of Jiangsu New Yangzi Shipbuilding Co., Ltd., Jiangsu Yangzi Xinfu Shipbuilding Co., Ltd., Jiangsu Yangzi-Mitsui Shipbuilding Co., Ltd., Jiangsu Yangzijiang Shipbuilding Co., Ltd., which is located on both sides of the golden waterway in the lower reaches of the Yangtze River of Jingjiang, Taixing and Taicang cities in Jiangsu Province,, 170kms away from Shanghai and Nanjing.

At present, the total assets of the group exceed 70 billion yuan, covering an area of more than 5 million square meters, with more than 7,000 meters of wharf shoreline and more than 6,000 employees. The company has three giant dry docks and three large and medium-sized slipways, with an annual shipbuilding production capacity of 6 million DWT. Our main products are large and medium-sized container ships, bulk carriers, oil tankers, liquid carriers such as chemicals, LNG, LEG, LPG and other clean energy ships, various multi-purpose ships and ocean engineering equipment. The company has first-class shipbuilding technology, powerful shipbuilding facilities and equipment, perfect production process, a high-tech enterprise in Jiangsu Province under strict environmental, occupational health and safety and quality assurance system, the products have been the praise of major shipowners. The excellent product quality and perfect service has won praise and trust of the customers.

New contract won for 69 vessels estimating to be 5.6B surpassing the 3B forecast. 

Chart wise , bullish mode!

A Gap up this morning to touch the resistance at 1.45 level. But the volume is not high, so I think is good to monitor and wait for further confirmation!

Please dyodd. 

Simple Invetment Method

 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.


Just sharing.

Not a call to buy or sell.

Please do your own due diligence.

Frasers Cpt Tr

 

  

She has broken down fron 2.21 to close at 2.17 looks like Bear is in control! Likely to see her going further down to revist the recent low of 2.11 or 2.10 the immediate support level. 

NAV 2.32. Yearly dividend is about 12.1 cents,  yield is about 5.5%.

Not a call to buy or sell!

Please dyodd.

Frasers Centrepoint Trust

Frasers Centrepoint Trust (“FCT”) is a leading developer-sponsored retail real estate investment trust (“REIT”) and the largest suburban retail mall owners in Singapore. FCT’s property portfolio comprises nine retail malls and an office building located in the suburban regions of Singapore, near homes and within minutes to transportation amenities. The retail portfolio has approximately 2.9 million square feet of net lettable area with over 1,800 leases with a strong focus on providing necessity spending, food & beverage and essential services.

FCT is among the top-ten largest Singapore REITs (“S-REITs”) by market capitalisation. It is also an index constituent of several benchmark indices including the FTSE EPRA/NAREIT Global Real Estate Index Series (Global Developed Index), FTSE ST Real Estate Investment Trust Index, MSCI Singapore Small Cap Index and the SGX iEdge S-REIT Leaders Index.

Frasers Centrepoint Trust's portfolio comprises high quality suburban retail malls and an office building, all located in Singapore. The retail malls include Causeway Point, Century Square, Changi City Point, Hougang Mall, NEX (effective 25.50%-interest), Northpoint City North Wing (including Yishun 10 Retail Podium), Tampines 1, Tiong Bahru Plaza, Waterway Point (50.00%-interest) and White Sands. The office building is Central Plaza, which is connected to the retail mall Tiong Bahru Plaza.

FCT's properties are located next to or near the MRT stations and bus interchanges and in populous residential areas. The retail malls enjoy high shopper traffic comprising residents and the commuters. FCT strives to offer pleasant and comfortable shopping experiences for all its shoppers that will encourage them to keep coming to its malls. FCT strives to be a fair and value-adding landlord through competitive lease rates, upkeep and enhancement of its retail and office properties, and be the preferred choice of tenants and stakeholders.

Occupancy rate of 99.2% is considered very good as it means that their rental spaces are fully occupied and generating rental revenue that would likely provide a stable dpu distribution rate. 

Gearing of 39.6% is slightly high but is still below 40% and a distance from the Max limitation of 50%.

NAV is about 2.32. Dividend of 12.15 cents.  Yield is about 5.6% which is quite good!

Short term wise,  if it can rise up to reclaim 2.21 then 2.25 it might be an indication  to reverse this downtrend! 

One of the rare local retail reit.

Pls dyodd.

City Development

 

City Developments Limited (CDL) is a leading global real estate company with a network spanning 143 locations in 28 countries and regions.

Leader in real estate

Listed on the Singapore Exchange, the Group is one of the largest companies by market capitalisation. Its income-stable and geographically diverse portfolio comprises residences, offices, hotels, serviced apartments, student accommodation, retail malls and integrated developments.

Global asset portfolio

With a proven track record of 60 years in real estate development, investment and management, the Group has developed over 50,000 homes and owns around 21 million square feet of gross floor area in residential for lease, commercial and hospitality assets globally.

Global hotel chain

Along with its wholly-owned hotel subsidiary, Millennium & Copthorne Hotels Limited (M&C), the Group has over 150 hotels worldwide, many in key gateway cities.

Sustainability in asset base

Leveraging its deep expertise in developing and managing a diversified asset base, the Group is focused on enhancing the performance of its portfolio and strengthening its recurring income streams to deliver long-term sustainable value to shareholders. The Group is also developing a fund management business to further leverage on its strengths.

NAV 10.16.

Last year total dividend of 0.28. Yield is about 4.17% based on current price of 6.71.

PE 4.7x.

Not a call to buy or sell!

Please dyodd.