TA wise, bearish mode!
It might rise higher with the latest good news about PPI that might present a hit and run approach (trading strategy).
Not a call to buy or sell!
Please dyodd.
Chart wise, bearish mode!
Sold down after Ex.dividend of 0.85 on a few days ago from 29.82 to close at 28.62, it has retreated more than its dividend of 85 cents!
Short term wise, I think likely to go down to test 28.00 than 27.13/27.00.
Not a call to buy or sell!
Please dyodd.
This is a purely dividend play counter! Not much capital gains as trading volume is always very low kind of illiquid! At 0.81, yield is more than 6%.
Their track records has been consistently paying out 5 cents dividend for past few years so, I think it will likely be the same for Year 2023!
Pls dyodd.
NAV0.827.
Yearly dividend of 5 cents.
Yield is above 6% at 0.815.
Net cash position.
But cash flow is slightly negative.
Recently, the director bought back some share.
This might be an indication that the price is undervalued .
Please dyodd.
QAF core businesses are into Bakery, Distribution and Warehousing!
Our branded packaged breads are Gardenia and Bonjour. We are the region's leading manufacturer and distributor of the premium Gardenia brand of packaged bread, the top selling brand in Singapore, Malaysia and the Philippines.
Each day, Gardenia bread is delivered 'straight from the oven' by our fleet of some 1,900 vans and trucks to about 78,000 supermarkets, convenience stores and general trade channels all over Singapore, Malaysia and the Philippines.
To provide greater convenience and accessibility to Gardenia products, the company became the first bakery in Singapore to introduce the loaf bread vending machine. These vending machines are located in selected high-density residential areas and corporations to serve consumers 24 hours a day, rain or shine.
The company has a multi-brand portfolio, with bakery brands such as Bonjour and Bonjour Delights to cater to different consumer tastes. Since 1998, Bonjour has been carrying its own range of white, wholemeal and speciality breads, as well as croissants and buns. Bonjour seeks to deliver tasty and affordable products with interesting flavours such Bonjour Choc Chip Raisin Loaf and Bonjour Butterscotch Loaf. In 2017, Bonjour was awarded “Top Influential Brand” status in the Bread Category. The Bonjour Delights brand was launched in 2021 to target price-sensitive consumers seeking nostalgic local bakery products.
Garde7nia operates two bakery plants in Singapore, while the SpreadsThe Group has developed a line of bread spreads to complement its wide range of breads and bakery products.
In Singapore, Ben Foods has a range of spreads comprising of Cowhead Butter, Cowhead Dandelion Spread (soft margarine), Cowhead Cream Cheese Spread and Cowhead Dandelion Margarine Block, a shelf stable margarine that is ideal for cooking, frying and baking.
In 1997, Gardenia Malaysia launched Auntie Rosie’s line of kaya spreads. The Original Homestyle Kaya and Natural Pandan Kaya spreads have become very popular with young and old alike.
To cater to the demand for competitively priced tasty and quality bread spreads, Gardenia Malaysia also launched two new and exciting chocolate spreads in 2015. They are the rich-tasting and creamy Delicia Hazelnut Chocolate Spread and Delicia Milky Chocolate Spread. The spreads were initially launched on a small scale and were so well received that they now come in upsized 375g jars and are sold in over 8,000 outlets in Malaysia.
In 2022, Gardenia Malaysia introduced a new variant to its spread range, the Gardenia Delicia Salted Caramel, a flavoured chocolate spread. The creamy, thick textured and rich caramel taste chocolate spread comes in 2 pack sizes: 200g and 375g.
As part of Gardenia Philippines’ expansion into the non-bread category, the company introduced Gardenia Malaysia’s Delicia chocolate spread into the local Philippine market in 2017.Our distribution and warehousing activities are wholly integrated and supported by our own fleet of refrigerated trucks, multi-temperature storage, logistics and distribution facilities.
We import and distribute a wide variety of food and beverage products including meat, milk and dairy products, frozen vegetables, soups, pastries, noodles, confectionery, sauces, spreads, snack products, wines and juices.
Ben Foods’ own proprietary brands of food products have not only become familiar household names, but are exported regionally to countries such as Malaysia, the Philippines, Myanmar, Laos, Cambodia, Hong Kong, Taiwan, Macau, Brunei, Indonesia, Vietnam and Bangladesh.
Our house brands comprise the Cowhead range of quality milk and dairy products, Farmland processed food products, Farmchef (frozen potatoes and meat), Haton (seafood products), Orchard Fresh (beverages) and Spices of the Orient (sauces and seasonings).
We strive to strengthen our proprietary brands by launching new, innovative and functional food products each year.
In 2022, we launched the Cowhead range of creamy instant noodles. This range includes a variety of Asian spicy and western pasta flavours. Cowhead creamy instant noodles are being promoted to be cooked with Cowhead UHT milk as a strategy to further strengthen the brand through product synergy.
Our customers are the foodservice sector and include food manufacturers, fast-food chains and restaurants, supermarkets, wholesalers, independent retail outlets, hotels, hospitals, bakeries, in-flight kitchens and ships.
Our Wine & Spirits division represents and distributes wines from various countries, including France, Italy, Spain, Chile, Argentina, South Africa, Australia and New Zealand. plant in Johor, Malaysia called Farmland Bakery, which produces bakery pWe have an extensive operations and distribution network across the Asia-Pacific region including Singapore, Malaysia, the Philippines, Australia, Myanmar, Cambodia, Hong Kong, Taiwan, Macau, Brunei, Indonesia,Vietnam, Laos and Bangladesh.We employ more than 9,000 people regionally and are listed on the Singapore Exchange.
Genting Sing - After XD, she has corrected to 0.875 looks like good price is back! First Half results improved more than 100% to 276m.
She is hovering near support turned resistance at 0.88.
I think Final dividend may be increase from 2 cents to 2.5 cents . Together with interim dividend of 1.5 cents, total 4 cents dividend yield is about 4 6% at current price of 0.875.
Please dyodd.
Genting Sing - Results is out, net profit increase more than 100% to 276m vs 84m last year, dividend increase 50% to 1.5 cents.
EPS of 2.29 cents vs 0.7 cents last year.
Healthy cash flow plus 3.4b cash on hands with net cash position, solid.
I think good sets of financial numbers.
Yearly dividend of 3.5 cents, yield is 3.8%.
Not a call to buy or sell!
Please dyodd.
For over 30 years, Genting Singapore and its subsidiaries (the “Group”) have been at the forefront of gaming and integrated resort development in Australia, the Bahamas, Malaysia, the Philippines, Singapore and the United Kingdom. Today, we are best known for our award-winning flagship project, Resorts World™ Sentosa in Singapore, which is one of the largest fully integrated destination resorts in South East Asia.
Genting Singapore is ranked among Singapore’s largest public-listed companies. Genting Singapore is a constituent stock of the FTSE Straits Times Index.
Today, more than 70% of Genting Singapore and its subsidiaries' team members are Singaporeans and Permanent Residents. There is great diversity in the company too, with more than 40 nationalities represented.
Our management team is very experienced and boasts a wide variety of skill sets.
Diverse skills set:
dwide
Wah, free dividend for the shareholders as she was trading at 3.60-3.62 before XD. A nice spike up movement plus high volume looks rather positive!
I think likely to rise up further to test 3.80 than 3.87 with extension to 3.93-4.00.
Please dyodd.
Today- 21st August XD 6 cents dividend, likely see the price corrected with 6 cents dividend. Next support level Is about 3.47 level.
I think good price is back!
Pay date 30th August.
Not a call to buy or sell!
Please dyodd.
Wah, I think gd pivot entry point is here!
At 3.68, yield is about 4.61% seem quite a decent yield level!
NAV 4.305.
Chart wise, looks like 3.59 may be tested again!
Please dyodd.
Wilmar International Limited, founded in 1991 and headquartered in Singapore, is today Asia’s leading agribusiness group. Wilmar is ranked amongst the largest listed companies by market capitalisation on the Singapore Exchange.
At the core of Wilmar’s strategy is an integrated agribusiness model that encompasses the entire value chain of the agricultural commodity business, from cultivation and milling of palm oil and sugarcane, to processing, branding and distribution of a wide range of edible food products in consumer, medium and bulk packaging, animal feeds and industrial agri-products such as oleochemicals and biodiesel. It has over 500 manufacturing plants and an extensive distribution network covering China, India, Indonesia and some 50 other countries and regions. Through scale, integration and the logistical advantages of its business model, Wilmar is able to extract margins at every step of the value chain, thereby reaping operational synergies and cost efficiencies.
Supported by a multinational workforce of about 100,000 people, Wilmar embraces sustainability in its global operations, supply chain and communities.
From its humble beginnings, Wilmar has today become a global leader in processing and merchandising of edible oils, oilseed crushing, sugar merchandising, milling and refining, production of oleochemicals, specialty fats, palm biodiesel, flour milling, rice milling and consumer pack oils:
Chart wise, bearish mode!
She is going Ex.dividend on 14th August, I think market is giving chance to secure the profit!
She is trading near the peak resistance and it may experience the same selling down price patterns as reflected on the chart!
As interest rate is more or less peak and bank Net Interest Margin likely fall plus bad debts allowance might increase therefore, total Revenue and Net income may be lowered!
US bank already seen Analyst lowering their TP. I think is good ro be cautious!
Not a call to buy or sell!
Please dyodd.
So fast, asking for loan liao!
4.5% seem not bad!
Not a call to buy or sell.
Please dyodd.
Wah, another Gap down upon results released looks like market already priced in the good sets of financial numbers and it doesn't boils well for this kind of price action!
Looks like the uptrend direction is halted and we may see further selling down pressure!
Please dyodd.
All the 3 local banks attained good profit and all boosting their dividend payout. But going forward, profit may be lowered due to interest rate pause or bad debts allowance.
Total Income of 6.8b.
RoE of 14.3%.
EPS 1.60 per share.
Interim dividend increase 43% from 0.28 to 0.40.
XD 14 August, pay date 25 August.
Yield of 6%. Is much higher than index reit.
TA wise, looks like the same price patterns may repeat itself!
After hitting the resistance level it may likely see further weakness.
I think is never wrong to lock in profit!
Don't let the profit slip away!
Please dyodd.
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.
She is rising up slowly, good sign! Likely to cross over 1.20 and rises further towards 1.24-1.28.
Pls dyodd.
Frasers L&C Tr - I think good price is back! Yield of 6.2%, gearing 28.6%.
She is being pushed down to an oversold territory! At 1.18, yearly dividend is about 7.29 cents, yield is about 6.2% .
I think current weakness in price could be due to AUD ex.rate is weakening against SGD.
Plus higher Operations costs that is eating into the distribution income. But with higher rental reversion hope can cover some of these operations costs.
NAV 1.276.
She is hovering at the support level of 1.17.
Next support is at 1.13.
Not a call to buy or sell!
Please dyodd.
