Olam Group - Chart wise, gaining strength! Likely to rise up to retest 1.08 again! A nice breakout smoothly plus high volume would likely drive the price higher towards 1.20 and above! Yield is quite attractive at 6.8 percent. Pls dyodd.

 Olam Group  - Chart wise,  gaining strength! Likely to rise up to retest 1.08 again!

 A nice breakout smoothly plus high volume would likely drive the price higher towards 1.20 and above! Yield is quite attractive at 6.8 percent. Pls dyodd. 

 Olam Group  - Another TH baby! Chart wise, bullish mode! Likely to test 1.10 than 1.20 and 1.29. Final dividend of 4 cents, yield is about 6.9 percent at 1.02! Do take note! 

The company just started buying back share today at 0.9906 for 376,500 share. 

XD 3rd May. 

Pay date 13th May.

Seem like the share has been overly beaten down due to the court case saga!

Look at Wilmar price also has been pressed down due to quite similar situation. Pls dyodd. 

Frasers L&C Tr - This blue chips index reit counter is trading at an attractive yield level of 6.76 percent, gearing below 35 percent, NAV 1.17 seem like a great entry pivot point! Pls dyodd.

 Frasers L&C Tr  - This blue chips index reit counter is trading at an attractive yield level of 6.76 percent,  gearing below 35 percent,  NAV 1.17 seem like a great entry pivot point! 

She has managed to rebound from the low of 1.00 and is now trading at 1.05 level looks rather interesting! 

I think likely to rise up further to test 1.10 to 1.13!

Pls dyodd.

Frasers L&C Tr  - 4th quarter results is out! Gross Revenue is down 0.8% to 212.8m. NpI is down 4% to 155.5m. DpU is down 6.6% to 3.52 cents, Financial costs is up 29.7% to 25m.  

Gearing 30.2%. Fixed Loan rate of 77.2%.

Occupancy rate is 96%.

Rental reversion of +18%.

Full Year dpu is down 7.6% to 7.04 cents.

I think the weaker sets of Results is due to high financial costs and forex exchange loss.

Pls dyodd. 

Frasers Cpt Tr - SHE IS TRADING at quite a nice Yield level of about 5.49 percent at 2.20. Estimating yearly dividend od 12.07 cents. NaV 2.311, Gearing is below 40 percent looks like a good pivot point to monitor and buy on further weakness! Pls dyodd.

Frasers Cpt Tr  - SHE IS TRADING at quite a nice Yield level of about 5.49 percent at 2.20. Estimating yearly dividend od 12.07 cents. NaV  2.311, Gearing is below 40 percent looks like a good pivot point to monitor and buy on further weakness! Pls dyodd. 

On 18th March FCT will be included on the STI components index , likely to see some buying activities when trading near the actual date! 

Immediate support is at 2.15. Next support is at 2.10 and 2.00.

Do take note!

Yesterday had my dinner at one of the FCT mall , nice! Lai ah, Jiak! 

Get more juicy dividend and continue to support their mall. Awesome!

Private placement price of 2.18.

Advance DPU of 4.25 cents,  XD 1st February. 

FCT - She has managed to reclaim 2.30 and trading at 2.31 to 2.32 is rather bullish! Likely to continue to trend higher! 

Pls dyodd.

 *Frasers Cpt Trust*

— Strong operating performance: Retail Portfolio committed occupancy' at 99.9%, up 1.5%-pt y-o-y and up 0.2%-pt q-0-q

— Aggregate leverage 37.2% as at 31 Dec 2023, down from 39.3% as at 30 Se 23

— 1Q24 all-in cost of borrowing at 4.3% (4Q23: 4.1%)

Chart wise,  let's see if she can rise up to reclaim 2.30 level in order to continue this uptrend direction!

Pls dyodd.

Full Year results is out! 

Gross Revenue is up 1.8% to 184m.

NPI is up 1.1% to 129m.

DPU is down marginally 1.2% to 6.02 cents versus 6.09 cents last year! 

Gearing is 39.3%.

Gearing is expected to go down to 36.1% upon completion of divestment of Changi City Point.  

The Average costs of borrowing is 3.8% Slightly higher than last year 3.7%.

Occupancy is 99%.

Please dyodd.

Wah, she is having a nice rebound today up 6 cents to 2.15  looks rather encouraging! 

The volume isn't that high!

Let's monitor and see if it will continue to trend higher towards 2.20 and above!

Results is due on 25th October. 

Pls dyodd.

The selling down has been too drastic!

At 2.06, yield is 5.92% for this retail reit counter that is fundamentally sound of which I think golden opportunity is here!

Chart wise, it may well go down to revisit 2.00.

next support is at 1.89-1.90.

Not a call to buy or sell!

Please dyodd.

 Divestment of the Changi Mall at 338M , Citi Analyst upgrade to buy with a price target of 2.51, Awesome!

Quote :

Citi Research analyst Brandon Lee has upgraded his call on FCT to “buy” given its improved gearing to 37.1%, making the REIT the lowest-geared retail Singapore REIT (S-REIT) among the REITs within his coverage.

FCT’s move will also give it sufficient debt headroom to make potential acquisitions that are accretive to its distribution per unit (DPU), Lee adds.

The recovery of retail revenue after Covid-19 is also another plus for FCT in the analyst’s book.

With all that in mind, Lee has increased his target price to $2.51 from $2.30. His new target price has an implied P/B of 1.08x in-line with FCT’s five-year pre-Covid-19 mean of 1.09x.

Chart wise,  bullish mode!

A nice breakout of 2.26 smoothly plus good volume that may likely drive the price higher towards 2.30 than 2.35 and above!

NAV 2.32. Yearly Dividend is about 12.2 cents. Yield is about 5.44% at 2.24. I think gd price level to monitor. 

Please dyodd.

SBS Transit - She is trading at 2.59, yield is about 4.3 percent of which I think the yield is quite decent at least it is much higher than CPF OA and SA! Do take Note!

  SBS Transit  - She is trading at 2.59, yield is about 4.3 percent of which I think the yield is quite decent at least it is much higher than CPF OA and SA! Do take Note!

Chart wise, I think she may go down to test 2.55 of which may provide us a opportunity to accumulate with the yield more than 4.3 percent.  

Pls dyodd. 

SBS Transit  - FY results is out! FY revenue is up 0.8 percent to 1.53b. NET profit is up 1.5 percent to 69.1m. Proposed Final dividend of 5.58 cents.  Yield is about 4.15 percent at 2.69. I think the results is not bad! 

XD 3rd May.

Pay date 14th May. 

Interim dividend of 5.58 cents plus Final dividend of 5.58 cents Total dividend of 11.16 cents of which I think is quite decent for a dividend play counter.  

Pls dyodd. 

CapitaLand Ascendas REIT - I think Great price snd GSS sales is here! Trading at 2.71, yield is about 5.5 percent of which I think is quite a good yield level! When interest rate started to come down she will not be trading at this kind of yield level! Pls dyodd.

  CapitaLand Ascendas REIT  - I think Great price snd GSS sales is here! Trading at 2.71, yield is about 5.5 percent of which I think is quite a good yield level! When interest rate started to come down she will not be trading at this kind of yield level! Pls dyodd. 

CapitaLand Ascendas REIT  - 2nd Half results os out! Gross Revenue is up 11% to 761m, NPI is up 4.6 percent to 641m, Distribution Income is down 1.9 percent to 326.9m. DPU is down 6.1 percent to 7.441 cents. 

Occupancy rate is 94.2%.

Positive rental reversion of 13.4%.

FY dpu is down 4% to 15.16 cents.

Gearing is 37.9%.

XD 8th February.  

Pay date 6th March. 

I think results is within expectations.  

I think not bad! 

Pls dyodd. 

Raffles Medical Group - Chart wise, bearish mode! Breaking down of 98 cents we may see her going down to 90 than 80 cents! Dividend cut from 3.8 cents to 2.4 cents, doesnt look good!

 Raffles Medical Group  - Chart wise, bearish mode! Breaking down of 98 cents we may see her going down to 90 than 80 cents! Dividend cut from 3.8 cents to 2.4 cents, doesnt look good! 

SSB is offering an average 10 years yield of 3.04% much higher than their yield of 2.4%.

Pls dyodd. 

Quote: Raffles Medical Group has reported patmi of $90.2 million in FY2023 ended December, 37.1% lower y-o-y on the discontinuance of Covid-19-related activities.

Earnings per share stood at 4.85 cents, compared to the 7.71 cents recorded in FY2022.

For the full year, the company posted revenue of $706.9 million, down 14.1% from the $822.9 million recorded in FY2022.