SingTel - Will it be the case of " Buying on Rumours" Pls dyodd.

 

Will it be the case of Buying on rumours! Pls dyodd .  Yesterday,  it caught my attention as the price has managed to rise up 9 cents to close at 2.48 and later on in the afternoon trading of share was halted! I think is purely run up due to the rumours that they are in advance talk with some party fir the sales of Optus.  The company also made the announcement that "there isno impending deal ti offload at the said sum" .

Cautious mode! Pls dyodd. 

SingTel  - Suddenly She chiong Up! Looks like something is brewing! Up 9 cents at 2.48, awesome! 

Very high volume spotted! Likely to rise above 2.50 soon! 

 SingTel  - She may need to rise up to reclaim 2.45 in order to continue this uptrend direction! Estimating Final dividend of 6 cents , together with interim dividend of 5.2 cents, total yearly dividend of 11.2 cents , Yield is about 4.68% at 2.39.

Short term wise,  A nice breakout of 2.48 smoothly may likely see her rising up to cover the Gap at 2.61. 

Pls dyodd.

She has managed to close above the resistance at 2.30, looks rather positive!

I think some buying activities after she went Ex.dividend plus the latest news of Optus chief resignation!

This might be a good opportunity coming back!

Pls dyodd.

9th November Update: 

Sing1Tel  - 1st Half Results is up! Underlying Net Profit is up 12 percent to 1,121m, interim dividend increase 13% to 5.2 cents, Awesome!

XD 17 November.  Pay date  8th December. 

Cash on hand 2.6b.

I think a gd sets of financial results!

Huat ah!

At 2.36, yield is about 4.49%.

Not a call to buy or sell!

Please dyodd.

Chart wise,  looks bullish!

If she is able to clear the resistance at 2.40 smoothly we may likely see her rising up to test 2.52 then 2.60.

Yearly dividend of about 10 cents. 

Yield is about 4.16%. I think is not bad! 

Please dyodd.

Good news : 18th Sept 2023 -  Singtel to sell 20% stake in regional data centre business to KKR for S$1.1 billion   Mon, Sep 18, 2023 · 8:22 am

KKR will commit up to S$1.1 billion for a 20 per cent stake in Singtel’s regional data centre business.
On Monday (Sep 18), a fund managed by KKR, Stellar Asia Holdings II, entered into an agreement with Singtel for the investment in ST Dynamo Investment, the holding company for Singtel’s regional data centre (RDC) business.
This investment puts the enterprise value of Singtel’s overall RDC business at S$5.5 billion. KKR will, however, have the option to increase its stake to 25 per cent by 2027 at the pre-agreed valuation......

Special dividend of 2.5 cents will be paid out on 17th August,  swee! Xd 2nd August.

https://links.sgx.com/1.0.0/corporate-announcements/LIRD90E9O5A39T0P/e96c9dc4c37f0569a65bf50cc5b26476afffc05d07462b97a446d720b9c8f70f

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.

SingTel - Suddenly She chiong Up! Looks like something is brewing! Up 9 cents at 2.48, awesome!

SingTel  - Suddenly She chiong Up! Looks like something is brewing! Up 9 cents at 2.48, awesome! 

Very high volume spotted! Likely to rise above 2.50 soon! 

 SingTel  - She may need to rise up to reclaim 2.45 in order to continue this uptrend direction! Estimating Final dividend of 6 cents , together with interim dividend of 5.2 cents, total yearly dividend of 11.2 cents , Yield is about 4.68% at 2.39.

Short term wise,  A nice breakout of 2.48 smoothly may likely see her rising up to cover the Gap at 2.61. 

Pls dyodd.

She has managed to close above the resistance at 2.30, looks rather positive!

I think some buying activities after she went Ex.dividend plus the latest news of Optus chief resignation!

This might be a good opportunity coming back!

Pls dyodd.

9th November Update: 

Sing1Tel  - 1st Half Results is up! Underlying Net Profit is up 12 percent to 1,121m, interim dividend increase 13% to 5.2 cents, Awesome!

XD 17 November.  Pay date  8th December. 

Cash on hand 2.6b.

I think a gd sets of financial results!

Huat ah!

At 2.36, yield is about 4.49%.

Not a call to buy or sell!

Please dyodd.

Chart wise,  looks bullish!

If she is able to clear the resistance at 2.40 smoothly we may likely see her rising up to test 2.52 then 2.60.

Yearly dividend of about 10 cents. 

Yield is about 4.16%. I think is not bad! 

Please dyodd.

Good news : 18th Sept 2023 -  Singtel to sell 20% stake in regional data centre business to KKR for S$1.1 billion   Mon, Sep 18, 2023 · 8:22 am

KKR will commit up to S$1.1 billion for a 20 per cent stake in Singtel’s regional data centre business.
On Monday (Sep 18), a fund managed by KKR, Stellar Asia Holdings II, entered into an agreement with Singtel for the investment in ST Dynamo Investment, the holding company for Singtel’s regional data centre (RDC) business.
This investment puts the enterprise value of Singtel’s overall RDC business at S$5.5 billion. KKR will, however, have the option to increase its stake to 25 per cent by 2027 at the pre-agreed valuation......

Special dividend of 2.5 cents will be paid out on 17th August,  swee! Xd 2nd August.

https://links.sgx.com/1.0.0/corporate-announcements/LIRD90E9O5A39T0P/e96c9dc4c37f0569a65bf50cc5b26476afffc05d07462b97a446d720b9c8f70f

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.

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.