SATS

 Chart wise,  she is trading at a

She has retreated from 2.81 to close at 2.58 looks like a gd pivot entry point!

Nibbled a bit at 2.58. Locked in kopi money at 2.76. 

This is a recovery play counter just like SIA, ComfortDelGro, SBS ,Genting Sing etc.

Not a call to buy or sell!

Please dyodd.

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Food Solutions 

At SATS, we believe that people should have the choice to eat better, improving their health and well-being with tasty, authentic meals made from responsibly sourced ingredients.

As a leading food solutions provider in Asia, we combine technology with the passion, creativity, and talent of our people to develop quality food products and services for a wide range of customers across a multitude of industries.

Our list of services includes aviation, commercial and institutional catering, food production and distribution capabilities, as well as a growing network of central kitchens for food service chains and institutions.

Aviation Catering

Aviation Catering

Each year, SATS works with our chefs and culinary teams to cater deliciousand nourishing meals for millions of passengers travelling around the world.

Passionate about enabling people to eat well no matter where they are, we make sure that every meal is tasty and nutritious, made with fresh and responsibly sourced ingredients.

By offering aviation services such as airport lounge management, private jet catering and travel retail, we help to create positive airport and inflight experiences for passengers as they make their way around the world.

 

Gateway Services 

We specialise in providing our customers with peace of mind.

As the region’s leading gateway services provider, SATS takes pride in our ability to handle the seamless flow of passengers, flights and cargo, at one of the busiest airports in the world. 
Applying decades of experience and state-of-the-art technology against the most rigorous performance, safety and service standards, we offer a comprehensive suite of ground handling services that enable people, aircraft and goods to travel securely between Singapore and the rest of the world.

Singapore, Paris, 3 April 2023 – SATS Ltd. (“SATS”) today announced it has completed its acquisition of global air cargo logistics provider Worldwide Flight Services (“WFS”) for €1.3 billion (equivalent to approximately S$1.8 billion) from an affiliate of Cerberus Capital Management (“Cerberus”), representing an enterprise value of €2,250 million as previously announced. The acquisition received an overwhelming support of 96.8% approval from SATS’ voting shareholders in January this year and obtained regulatory approvals in all relevant jurisdictions in February. With effect from completion, WFS becomes a fully owned subsidiary of SATS, which is headquartered in Singapore. WFS will continue to be headquartered in Paris and operate as Worldwide Flight Services. Craig Smyth, CEO of WFS, will continue to run the company and report to Kerry Mok, President & Chief Executive Officer of SATS, and an advisory board.

Riverstone

 Wah, nice breakout of 62.5 cents plus close well at 63.5 cents looks rather bullish! 

Likely to rise up further towards 0.655-0.67.

Huat ah! 

Please dyodd.

 Riverstone Resources is established in year 1989, and still growing in our industry. With a history spanning close to 30 years, Riverstone has accumulated a huge network of stakeholders and expertise in our making. Being one of the leading manufacturers of cleanroom and medical industry, we manufacture top of the line healthcare gloves, nitrile gloves, finger cots, face masks, packaging bags etc. We are where we are today for the full supports from most valued customers and dedications from our staffs. Riverstone today is synonymous with premium quality and protection.

We are driven by innovation. Our passion to deliver premium quality healthcare solutions is recognized by many companies. Our products are widely qualified, and used in the Hard Disk Drive (HDD), semiconductor and healthcare industries in Malaysia. On top of the achievements, Riverstone exports more than 85% of our products to key high technology countries around Asia, Europe and the American region.

Riverstone has been growing extensively, for the amazing recognition for our products around the world. To cope with growing demands, we have increased our capacity by setting up a new manufacturing plant in Thailand in year 2001, and another one in Wu Xi China in year 2004. Later in year 2010, we built a new plant in Taiping, equipped with only state of the art manufacturing facility to keep our promises for premium quality.

The Riverstone website comprehensively provides up to date information, and our products. Browse through our website to better understand us, as we hope to bring only the best for all healthcare professionals.

First quarter results is not bad! Slight improvement as compared to last quarter (4/2022). 

Chart Wise, she is rising up to test 61.5 cents. 

A nice breakout smoothly would likely rise up to test 64-66.5 cents.

Pls dyodd. 

Venture Corporation

Chart wise  looks like it has formed the base and hopefully,  she can rise up to reclaim 15.05.

Yield is about 5.03% at 14.90 looks quite a decent yield level. 

Not a call to buy or sell!

Pls dyodd.

 

Venture Corporation Limited was formed in 1989 as an electronic services provider after the merger of three companies. With over three decades of consistent growth and 12,000-strong today, the Group is a leading provider of technology services, products and solutions, with established capabilities spanning innovation, design and development, product and process engineering, design for manufacturability and supply chain management in diverse technology domains.

Headquartered in Singapore, the Group comprises more than 30 companies worldwide with Centres of Excellence in Southeast Asia, Northeast Asia, America and Europe.

The Group is well-known for its deep know-how and expertise in various technology domains. These include life science, genomics, molecular diagnostics, medical devices and equipment, healthcare, luxury lifestyle and wellness technology, test and measurement technology instrumentation, networking and communications, advanced industrial as well as computing, printing and imaging technology.

Yearly dividend of 0.75. Yield is 5% at the current price of 14.97.

It is hovering near the support at 14.96, looks rather interesting!

US tech seem ti have turned into bullish mode! Hopefully,  local tech counter may likely follow!

Chart wise,  the price has been driven to an oversold territory!

A technical rebound is going to happen any moment!

If it can rise up to reclaim 16.50 and cover the Gap at 17.00 than we may see a nice reversal price patterns!

Pls dyodd.

Cleaning Up Of Stocks Counter Portfolios

 Cleaning up of equity counter porfolios 

I think is good to practice the idea of re-assessing /re-adjusting our stocks portfolios from time to time .

I believe the stocks market has been going-through Ups and Downs in a very rationale way as well as ir-rationale way. Dow is again approaching the psychological level of 20000 points. Think we may be in for another selling-off that could be happening sooner or later.
 STI market is still on a downtrend mode even tough we have seen some strong recovery for the past one month.It may re-attempt to re-visit the psychological 3000 points. Don't be too self-complacency . Always be prepared for the new down-fall that may come sooner or in the next 1 - 2 years time.

We buy stocks for so many reasons. Sometimes we purchased a stock counter from the tips/advice from Fund Manager/Advisers or Brokers or even friends & colleagues.Some even advice us is okay to hold 100 percent of our stocks / equities so as to secure a bigger nest-egg because stocks will eventually outperforms over a long period of time.

But when we are facing a inevitable correction/sudden crisis taken place, many will be panicking as we realise that we have too many stocks in our portfolios /investments and the loss in value - even on paper can be too painful to bear.
Is quite normal for people to sell off their shares during heavy market selling down. "People may sell their shares for the wrong reasons and at the wrong timing."

 The usual advice we know is always to stay on the course and ride out the market volatilities.
But we are Human and is always subject to have emotions and especially true in a bear markets , fear can make us panic and sell our shares at a loss.

For a successful investor , successful investing requires a lot of patience as well as coming to grips with both the emotions as well as emotions of others.

For people who wants to have a peaceful mind and sleeping soundly at night , it would be good to spare a moment to re-assess/re-adjust our stocks porfolios , as the STI markets has re-gained its poise after last few months of selling off.

We should again going through the rationale of buying stocks and if we are unable to satisfy our own reason, it may be better off selling it. Overall, if a stock counter had been under-performed in a Bull market, what is the likelihood of it performing well in a Bearish market.

Sometimes you may be finding yourself in a dilemma stage of selling the shares of a certain stock counter in one go - even if it is no longer relevant . In such a situation it might be a good options to sell half of your holdings first. This might help an investor to overcome the psychological effects of having to decide whether to hold or to sell it off completely.

In freeing up our cash for selling half of our holdings, it give us the opportunity to invest on a much better performing stocks. It is also a good way to prevent us from doing something ir-rationale or silly if the share prices were to drop further ..

(trade/invest base on your own decision )

Earnings Metric for Stocks

 

How to work out the current Earning yields ?

Current Earnings yield = Diluted EPS / share price (range) 

If we take the below example ..

Diluted EPS is 0.0456. Share price is 72-82 cents ) ,we shall use 82 cents as the highest price for calculating the current Earnings yield .

Wilmar FY2022 results:

Diluted EPS of 0.38. Let's assume FY2023 EPS is 0.30 and the future share price is 4.50. 0.30/4.50 = 6.66% which is much higher than risk free yield of 4.5%. 

Current Earnings yield = 0.0456 / 0.82 = 0.055 x 100% = 5.5% . 

This is in the way higher than CPF SA if we choose to park our money there .So 5.5% is generally much higher than 4.5% .

I have glanced  through the FY 2017 result for Wilmar, diluted EPS is 0.193 .
Let's say we are taking the future share price of $3.50, that will give us a Earnings yield of 0.193/$3.50 = 5.5%.pls Dyodd.

Yes, suitable to be applied on any stocks using the current earnings yield. And once you worked that out for a few stocks you are comparing which to invest, you can decide based on all their current earnings yield whether which stock is higher in current earnings yield and also whether the fundamentals will support the growth of EPS at high compounded rate of growth or not resulting in the increase in earnings yield.

For example, for illustration purposes. let's say the current earnings yield of ABC company is 5% based on the price you paid to buy it's shares. It is able to double it's EPS in 5 years time. Then you will be having a future earnings yield of 10% on your initial investment in ABC company. A 10% earnings yield is quite good already. And if the company can continue to double it's EPS again for another 5 more years, then the future earnings yield after 10 years will be 20% on your initial investment.

And even if the company cannot grow meaningfully anymore after 10 years and just grow their EPS at a terminal growth rate of 3% thereafter in line with inflation cost, the company may now become a mature stalwart giving out a high dividend payout. At a high dividend payout ratio of 75% while only remaining 25% of earnings to be retained for some maintenance capex, the dividend yield in future for this illustrated example will be 15%. And maybe the share price would have also grown in line with the EPS growth and perhaps also quadrupled. Thus, one will be getting a multi bagger stock plus a decent high dividend yield of 15% after 10 years.

This is the best goldilocks region to be in to initially discover and invest in stocks with visible high growth prospects for the foreseeable future and buy them at high earnings yield (better done during bear markets when such goldilocks region presents both combination of cheap valuation and high growth rate of business and thus high return rate for the investor who capitalise on getting in during goldilocks timing).

What if the EPS decline instead of growing?

What action will you do?

 : That's why we want the growth prospects to be visible, the more visible the better. If any drop in eps, we have to gauge whether it is temporary or permanent. That is why we need to also constantly monitor the fundamentals of the business. If permanent deterioration in business fundamentals, we may consider to exit the investment.

Not a call to buy or sell.

Please do your own due diligence.

Trade/Invest base on your own decision .

Daiwa Hse Log Tr

 Some snacks from Japan:

Hokkaido Cheese biscuits.

Milk chocolate biscuits.

Various types of snacks. 

Strawberry cake.

Butter cookies.

Rice cookies.

Custard cookies.

 Lai ah, jiak! Nom Nom!

Steam boat.

Chart wise, closed well at 0.62, looks rather bullish!

Likely to rise up to test 0.65.

Pls dyodd.

She is hovering near the 0.61 price level looks rather positive and may likely cross over smoothly! 

Next, we can see her rising up to test 0.645-0.655.

Pls add dyodd.

 

 Wah, breakout of 0.60 , awesome!

Short term wise, I think she is rising up to test 0.65 then 0.70-0.71.

Huat ah! Please dyodd.

 Chart wise,  bullish mode!

A nice breaking out of 0.595 plus high volume she may likely rise up to test 0.65. 

Yearly dividend of 5.22 cents.  Yield is 8.8%. Low gearing,  wale is 6.9 years. I think it is trading at a great value price level of 0.59.

Not a call to buy or sell!

Pls dyodd.

 Daiwa House Logistics Trust (DHLT) is a Singapore real estate investment trust (REIT) listed on the Singapore Exchange Securities Trading Limited (SGX-ST). The REIT is established with the investment strategy of principally investing, directly or indirectly, in a portfolio of income-producing logistics and industrial real estate assets located across Asia. DHLT’s investment focus will be to invest in logistics and industrial real estate assets in Asia, in particular, within Japan as well as in the ASEAN region.

DHLT’s key objectives are to provide Unitholders with regular and stable distributions, and to achieve long-term growth in DPU and net asset value per Unit, while maintaining an optimal capital structure and strengthening the portfolio in scale and quality.

DHLT is managed by Daiwa House Asset Management Asia Pte. Ltd., a wholly-owned subsidiary of the Sponsor, Daiwa House Industry Co., Ltd., a leading real estate player in Japan.

Occupancy % rate of 98.6. Gearing 36.2%. Wale 6.9 years. First quarter Distributable Income increased 2.5% to 9.1m. 

Yearly dividend of 5.22 cents( half yearly basis ) . Yield is 9% base on current price of 0.58.

NAV of 0.77 . 

It looks like a gem for this Logistics reit focusing in Japan of which was being sold down due to high interest rate situation. 

I think gd value is presenting at the current price level!

Pls dyodd.