(adsbygoogle = window.adsbygoogle || []).push({ google_ad_client: "ca-pub-8679583308408160", enable_page_level_ads: true });

Monday, July 10, 2023

CapLand China Trust(AU8U.SI) - Looks like we have seen the bottoming price patterns

 

Today it has gone down to touch the low of 97 and rises up to hit 1.02 before closing at 1.00 looks like more or less the selling is completed.



The transacted volume is huge,  looks like we may  have seen the bottom.

This afternoon was deciding whether to get some unit at 97.5 cents while it was trading at 97 to 97.5 cents or Ascendas REIT at 2.65. I nibbled a bit of Ascendas REIT at 2.65 instead! 

Results will be out on 27th July before trading commence cum dividend announcement.

Let's wait for the first half results and see how it fares from the current price of 1.00!

Please dyodd.



Wah, she is being pressed down to such a low level seem rather overly done!



She is being driven into a super extended oversold territory, I think likely to see a technical rebound!

Nav 1.336, yearly dividend of about 7.6 cents, yield is 7.6% for this China industrial, DC cum office reit seem rather interesting! 

Not a call to buy or sell!

Please dyodd. 


Sunday, July 9, 2023

Ocbc Bank - Gd Price is back! Trading near NAV, 5.5%.

 TA wise,  bearish mode!

If she can't hold at 12.00 price level, 



the next support level Is 11.93 than 11.80.

Please dyodd.

 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.



Saturday, July 8, 2023

SATS -S58 Recovery Play counter for AIR Industry Opening Up

 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.



Full Service Carrier Catering

With two large-scale airline catering centres that can produce up to 120,000 meals a day, state-of-the-art food technologies and an in-house panel of international award-winning SATS Culinary Consultants (SCC), we are well-equipped to deliver quality and innovative food solutions that meet the needs of our full service airline customers.

Our diverse capabilities include ethnic specialty kitchens that cater to Chinese, Thai, Indian, Muslim, Japanese and other cuisines along with a dedicated Halal Boutique Bakery and an artisanal chocolate studio. 

Meals from a curated selection of over 800 weekly inflight menu types, including buy-on-board meals, are prepared in compliance with stringent food safety regulations and tested in Simulated Aircraft Cabins to ensure optimal taste and quality.

To enhance our competitiveness, we tap on people-led technological innovations to increase productivity and improve food quality so as to meet the growing demands for affordable food solutions.

Institutional Catering

As part of our Food Solutions business, SATS works closely with our institutional customers to develop delicious, nourishing meals and customised end-to-end services that help to promote better health and eating habits.  

Equipped with state-of-the-art technology, our passionate team of dietitians, food technologists and in-house panel of award-winning SATS Culinary Consultants work together to develop new and authentic recipes, curating fresh, tasty and nutritious menus that meet the unique requirements of our customers.

From large-scale catering to tailored in-patient menus and youth engagement efforts, we are proud to use our expertise, technology and culinary creativity to support the work of healthcare providers, educational institutions and government agencies.

OUR SERVICES

Healthcare

SATS plays a vital role in supporting the patient care journey by providing customised end-to-end food service solutions, delivering tasty and nutritious meals to hospitals as well as intermediate and long-term care facilities.

Tapping on decades of experience and the use of innovative food technology, our team of trained dietitians, chefs and catering professionals work with healthcare institutions to develop tailor-made in-patient menus, therapeutic and textured meals and pantry supplies in compliance with stringent hospital guidelines and food safety regulations.




Our range of integrated solutions also include food concierge services and staff lounge management.





Food-service Solutions and Distribution

As Asia’s leading food solutions provider, we are passionate about providing quality, sustainable and healthy food to our customers around the region.


Our food-service solutions comprise an extensive list of products from around the world including nourishing soups and sauces, stringently sourced meat and seafood, frozen food, as well as delicious ready-to-eat and ambient meals. 


To meet the growing demand for healthier and more sustainable food solutions, we are constantly enhancing our offerings with the introduction of new and innovative options such as plant-based proteins and sustainable food packaging. 


An expanded sourcing and distribution network through our wholly-owned subsidiary, Country Foods Pte. Ltd (Country Foods) – one of Singapore’s largest food importers, distributors and manufacturers, provides valuable access to markets across the region.


With a Digital Integrated Supply Chain, which provides turnkey solutions with end-to-end logistics, warehousing, sourcing and procurement capabilities, we serve as the ideal one-stop, go-to-market platform for food-service solutions in Asia.


OUR SERVICES


Meat and Seafood


As one of our wholly-owned subsidiaries, Country Foods is the biggest meat importer, distributor and processor in Singapore with more than 1,000 clients and 800 white-label and branded products, including Farmpride and Amir’s. 


In addition to our extensive range of quality meat including Halal-certified frozen poultry, seafood and delicatessen offerings, we also provide a selection of alternative plant-based proteins through brands such as Impossible Foods. 


The use of innovative new ingredients together with our culinary expertise and capabilities enables us to develop new culinary concepts, grow our range of sustainable, premium food products while serving as a springboard for sustainable food businesses across the region.


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.

Passenger Services

For more than 60 years, SATS has been serving passengers at Singapore Changi Airport, creating positive and unique encounters that have become a signature part of their travel experiences here. 


With the needs of every passenger in mind, we offer a suite of quality passenger services that range from seamless check-in facilities, special care services for those who need a little extra assistance, as well as premier check-in counters and lounges.


Apron Services

Since the beginning of commercial aviation in Singapore, SATS has played an active role in our overall growth as an international aviation hub in the region. 


At Changi Airport, our apron services team continues to serve with pride, upholding the highest professional and safety standards. Handling a wide and complex array of aviation activities, we help to ensure smooth and safe operations across the airport.


Staffed by a well-rounded team of young talents and experienced professionals, we tap on our strong technological and human capabilities to provide a broad range of customised services available 24 hours a day, seven days a week. 

Air Cargo

Seamless Connections


Every day at Changi Airport, one of the world’s busiest and best cargo hubs, SATS is there.


Seamlessly connecting millions of tonnes of cargo from Singapore to the world.


Our experienced and highly trained teams use cutting-edge technology and leading automation systems, powered by six airfreight terminals including an Express Courier Centre.


We ensure continuous commitment to quality and security through Initial, Recurrent and Awareness training on the processing of dangerous goods and our C2K certifications

and Cargo 2000 programmes.



Low-cost Carrier Handling

As the leading gateway services provider for low cost carrier flights from Singapore’s Changi Airport and around the region, SATS has developed a business model that complements their no-frills approach while fulfilling their need for innovative solutions and quality services.


With decades of industry experience and an award-winning team of technical specialists, we uphold the most rigorous performance and safety standards to ensure that flight operations are smooth, efficient and safe.


At Singapore’s Changi Airport, our subsidiaries Asia Pacific Star and GTR provide a comprehensive range of ground handling services including guest handling, baggage services, aircraft handling, security services and cargo handling services. GTR also provides ground handling services for full service carriers and operates an an air cargo hub at the Kuala Lumpur International Airport Air Cargo Terminal 1 in Sepang.

Private Jet Services

Designed to meet the unique needs of private jet passengers for discretion, privacy and speed, the Seletar Business Aviation Centre (SBAC) offers premium bespoke services for a truly exceptional and seamless travel experience.



Cruise Terminal Services

SATS-Creuers Cruise Services operates Marina Bay Cruise Centre Singapore, one of the largest cruise terminals in Asia specially designed to accommodate large ships and thousands of passengers at a time.


For arriving cruise passengers scheduled for same-day flights from Singapore, our Cruise-Fly services offer the benefits of early check-in including baggage drop-off and collection of boarding passes.


 With a growing suite of innovative, quality services  , our goal is to provide you with a comfortable and seamless travel experience across your journey.  

Security Services

Serving with pride and professionalism, SATS Security Services' mission is to be your security agency of choice.

As one of the longest-serving auxiliary police force (APF) in Singapore, we provide a comprehensive range of professional security services and solutions for customers across many industries. 

We build our solutions from a wide field of security capabilities, such as the provision of manpower for enforcement, event security and traffic management; future-ready ops-tech which includes intelligence analytics and surveillance, smart facilities management, Internet of Things (IoT) monitoring.

Our years of experience in aviation security, coupled with advanced technological solutions, allow us to deliver effective protection to our clients’ people, assets, and infrastructure. Our long-standing services are distinguished by our high standards in manpower and technological innovation.

We are accredited by the Airport Police Division, our Regulated Air Cargo Agent Regime consultants provide the documentation of the Regulated Air Cargo Agents Security Programme.



Travel Retail

At SATS, we take a holistic approach to travel retail.

We deliver a tailored, comprehensive suite of services to clients, helping them connect meaningfully with their passengers from door to destination.

Our research-driven solutions are designed to maximise ancillary revenue, increase passenger spend and help reduce costs. 
A trusted leader in the Asia-Pacific airspace for over 40 years, we know the importance of passenger engagement. Our world-class operational capabilities, including sales and inventory reconciliation, food and beverage expertise, crew training and engagement, innovative digital and sustainable solutions, last mile provisioning and more, guarantee a robust onboard retail experience.

Linen and Laundry

SATS takes pride in delivering quality, customised linen and laundry services to our customers in the aviation, healthcare and hospitality sectors, so that their customers can enjoy the care and comfort they deserve.


From wet washing to dry cleaning, we provide an extensive suite of professional services including special care requirements for aircraft and hotel bedding, food and beverage linen, company uniforms and personal garments.

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.



A Partnership with WFS

Developing a partnership with WFS gives you the benefits of our world class international standards in all aspects of cargo and ground handling. You will gain the support of our global team of business and handling professionals and leverage our trusted relationships with airlines, airports and other highly valued customers all over the world.

We believe in partnerships that are open and fair, where both parties bring complementary skills and value. We also recognise the importance of maintaining and developing a strong identity for each partnership, which usually involves the creation of a sub-brand supported by all parties.



WFS has developed strong partnerships with its key customers through its extensive network and focusing on network-wide solutions. We aim to foster and develop the relationship with key customers by providing a consistent and service-oriented service at all our locations.




Chart wise, bullish mode!

A higher low candlesticks price patterns has been formed looks rather bullish!

Short term wise, I think likely to rise up to test 2.70 then 2.80.

NAV is about 2.106.

Not a call to buy or sell!

Please dyodd.


Friday, July 7, 2023

CapitaLand Integrated Comm Tr - C38U

  Chart wise,  bearish mode!

Likely to see further weakness!



She has further weaken and closed lower at 1.86 looks like she may go further down to test the recent support at 1.82 then 1.80 with extension to 1.74.

Yield is about 5.7%  at 1.86.

NAV 2.116.

Pls dyodd.

I have added a bit at 1.91 as it has managed to bounced off from 1.89.



At 1.91, yield is about 5.55% of which I think is quite a gd yield for this giant retail cum grade A office reit.

Not a call to buy or sell!

Pls dyodd. 


CapitaLand Integrated Commercial Trust (CICT or the Trust) is the first and largest real estate investment trust (REIT) listed on Singapore Exchange Securities Trading Limited (SGX-ST) with a market capitalisation of S$13.5 billion as at 31 December 2022. It debuted on SGX-ST as CapitaLand Mall Trust in July 2002 and was renamed CICT in November 2020 following the merger with CapitaLand Commercial Trust (CCT).


 Looking at the FY 2022 results the NPI is up 9.7% and achieved an increased of DPU from 10.40 to 10.58 cents. It looks like the rental income is improving!







The First Quarter 2023 update is as follow:

The NPI is up 11.3% to 276.3m and occupancy rate % has improved from 95.8 to 96.2.




The gearing is slightly from 40.90 to 40.40%.



The Average WALE is 3.7 years.




The Top 10 tenants are RC Hotels (Pte) Ltd, WeWork Singapore, GIC Private Limited, NTUC Enterprise Co-Operative Ltd & Temasek Holdings etc.




Total Property value is about 24.2 billion of which is the Biggest reit counter listed on the Local Singapore Exchange.

NAV is about 2.116.

Yearly dividend of about 10.58, Yield is about 5.6%(based on current price of 1.89).

I think gd pivot entry point is back!

Please dyodd.


Thursday, July 6, 2023

Venture Corporation

 She has continued to retreat lower and trading at 14.53! 



I think she will need to reclaim the pivot low/support at 14.55! If not, would be quite negative!

Yield is 5.16% at 14.53.

She is due to report her 1st half year results on 4th August. 

Please dyodd.


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.



Kep Infra Tr - A7RU

She is due to report her first half results on 26th July! All eyes will be waiting to see if there is any increase in dividend payout!

Yearly dividend of 3.82 cents.  Yield is 7.49% at 0.51.

I think a resilient counter especially when market is having fear about higher interest rates further hike! 

Keppel Infrastructure Trust (KIT) is the largest diversified business trust listed in Singapore with approximately $7.3 billion in assets under management.

The Trust was constituted on 5 January 2007 under the laws of the Republic of Singapore and registered with the Monetary Authority of Singapore (registration number 2007001).

KIT’s portfolio comprises strategic businesses and assets in the three core segments of Energy Transition, Environmental Services, and Distribution & Storage. These businesses and assets provide essential products and services across a broad range of industries; and generate regular and resilient cash flows, with potential for growth that is supported by favourable long-term market dynamics and demand. This is in line with KIT’s long-term goal of delivering sustainable and growing returns to Unitholders, through a combination of recurring distributions and capital appreciation.

Keppel Infrastructure Fund Management Pte Ltd (KIFM) is the Trustee-Manager of KIT. KIFM is a wholly-owned subsidiary of Keppel Capital, a premier asset manager with a diversified portfolio in real estate, infrastructure, data centres and alternative assets in key global markets.

Keppel Infrastructure Holdings Pte. Ltd., a wholly-owned subsidiary of Keppel Corporation Limited, is the Sponsor of KIT.



Indeed, she has managed to reclaim 0.50 and closed higher at 0.51, looks rather bullish!

Short term wise,  I think likely to rise further up to test 0.52 than 0.54 with extension to 0.57.

Please dyodd.


  I THINK green energy sector is in demand, stable and resilient business! 

She is slowly climbing up to reclaim 0.50.

A nice breakout smoothly would likely see her testing 0.525 and above.

please dyodd.


Lai ah, show us 0.50! Next, rises up to test 0.525! Huat ah! 





Pls dyodd.


Tomorrow newly issue share will start to trade Tomorrow at 9am. 

May be tonight can check your cdp account to see if the PO share has been credited! Huat ah! 


PP price at 0.477 . PO price at 0.467 for every 100 share you are eligible for 5 new share. 



Advance dpu of 1.24 cents . TERP is 0.505.

Current Price is trading at 0.510 which is close to the TERP price of 0.505 i think is quite a gd pivot point as price has already corrected from 0.55 and touched the low of 0.495.

Dividend of 3.82 cents,  yield is 7.5%.

XD/XR 

Not a call to buy or sell.

Pls dyodd.