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Friday, June 14, 2024

ComfortDelGro - I think this turtle or dividend counter is not affected by the current market volatility! High interest rate or inflation dont really affect their businesses! Pls dyodd.

 ComfortDelGro  - I think this turtle or dividend counter is not affected by the current market volatility! High interest rate or inflation dont really affect their businesses! 


Yield is almost 5% at 1.35. 

Pls dyodd.  


ComfortDelGro  - I think good price is back after being corrected from 1.50 to close at 1.37. 



Yield is about 4.86 percent which is pretty decent and the businesses are expanding with higher margin we may see further revenue increases and higher dividend payout! Pls dyodd. 


  ComfortDelGro  - 1st quarter results update is out! Revenue is up 10.8 percent to 1004m.




 PATMI is up 23.8% to 40.6m. Cash Flow is positive! CASH on hands increased to 922m. Awesome! Likely see a higher net profit and increase in dividend payout for 2nd quarter! 


  ComfortDelGro  - She is gaining strength! Likely to rise up to revisit 1.50 again! Pls dyodd. 



Remember dividend date on 15th May! 

Awesome! 


ComfortDelGro  - She is holding up well! Likely to continue to rise up to reclaim 1.50 again! Ex.dividend is on 6th May for 3.76 cents! Do take note! 


 CDG (ComfortDelGro) - A nice crossing over of 1.49-1.50 level smoothly would likely see her rising up further towards 1.62. Pls dyodd. 



ComfortDelGro  - She is rising up to test 1.50 than 1.63. Do take note!



 A nice breakout of 1.63 smoothly plus good volume we may see her rising up further towards 1.80.

Pls dyodd. 

AGM : 26th April 10.00 A.M. AT LEVEL 3, SUMMIT 1 ROOM SUNTEC SINGAPORE CONVENTION & EXHIBITION CENTRE 1 RAFFLES BOULEVARD, SUNTEC CITY SINGAPORE 039593.

Total Revenue and net profit plus increased in paying Final dividend likely to boost the price further! First wide and bullish Green candlesticks spotted on the weekly chart,  looks rather positive!


  ComfortDelGro - Fantastic! Finally,  she had managed to breakout 1.43 plus high volume and closed well at 1.46 thus is rather positive and may likely see her rising up further to 1.50 and above! Do take note !




ComfortDelGro  - She is doing a YoYo mode, will she be able to conquer 1.43 and rises higher towards 1.50 and 1.60. Do take note! 



 ComfortDelGro  - This giant Transport company is growing and expanding at a faster rate as we can see their revenue growth on the latest sets of financial numbers with Net profit higher and the increased in Final dividend from 1.76 cents to 3.76 cents,  fantastic! Yield is about 5 percent which is quite good. 



Do take note! Pls dyodd. 


  ComfortDelGro  - At 1.36, yield is about 5 percent for the giant transport company which is quite resilient during market volatility! A good defensive counter to put under one portfolio! Pls dyodd.  




ComfortDelGro  - FY results is out! Final dividend increased more than 100 percent from 1.76 cents to 3.76 cents. Total Revenue is up 2.6% to 3880m and Net profit is up 4.3% to 180.5m. I think is a good sets of financial numbers! 




Total dividend of 6.66 cents representing a payout of 80%, swee!

EBITDA increased 6.5% to 629.9m.





XD 6th May.

PAY date 15 May 

Yield is about 5% at 1.35.


Pls dyodd.  



Thursday, June 13, 2024

Venture - I think these few days fund are buying up the share is a good indication that the current price is undervalued! Yearly dividend of 75 cents!Closed well at 14.10 looks like it may continue to rise higher!

   Venture  - Awesome! After went XD, she has manged to recover to cover the dividend amount of 50 cents,  looks like Bull is in control! 


Pls dyodd.

Fund are coming in to scoop up the share! 

https://links.sgx.com/1.0.0/corporate-announcements/HDHJH8P55C9PHOMU/0d41bfdaf054e81bfd99fba1bca87f8bbbab9bbdd42880a48d90c5cbc5fd7cc2



Pls dyodd. 


1ST QUARTER NET profit of S$60.1m  Versus 73.6 million last year.



Meanwhile, its Q1 revenue stood at S$666.7 million, 18.9 per cent lower than the S$821.7 million.


Cash on hands of 1.19b.

Zero debts. 

Business outlook:

The company is targeting for revenue to improve on a sequential basis from 1st quarter to 2nd quarter.  And expected revenue to be much higher in 2nd Half of 2024 versus 1st Half of 2024. 

XD 50 cents on 7th May 2024. 

Pay date 21st May 2024. 


Wednesday, June 12, 2024

Frasers L&C Tr - The Boat is back! Extended Sales promotion! At 96 cents yield is about 7.25 percent, seem very interesting! Pls dyodd.

 Frasers L&C Tr  - The Boat is back! Extended Sales promotion! 



At 96 cents yield is about 7.25 percent,  seem very interesting!

Nibbled s bit st 96 cents. 

 Pls dyodd. 


 Frasers L&C Tr  - I think GSS is here! Trading at 99.5 cents, yield is more than 6.9 percent fir this blue-chip index reit I think great opportunity is back! Pls dyodd. 




 Frasers L&C Tr  - 1st Half Results is out! Gross Revenue is up 3.8 percent to 216m. NpI is up 1.8 percent to 158.6m. Distribution income is dowm 0.1 percent to 130.6m. DpU is down 1.1 percent to 3.48 cents! I think the results is quite resilient! 




Occupancy rate is 94.3%.

Gearing is healthy at 32.7%.

Position rental reversion of 14.3%.

The ops costs increased by 34.5% to 29m. If not, dpu will be higher! 

NAV 1.16.

Ay 1.01, yield is about 7%.

I think results is not bad! 

XD 14/5. Pay date 18/6.

Pls dyodd. 


Tuesday, June 11, 2024

Mapletree PanAsia Com Tr - She is back to 1.22 looks like great price is back! Yield more than 7 percent for this index reit counter looks rather interesting!

 Mapletree PanAsia Com Tr  - She is back to 1.22 looks like great price is back! 



Yield more than 7 percent for this index reit counter looks rather interesting! 


 Mapletree PanAsia Com Tr  - hovering at 1.24 after went ex.dividend,  seem to be holding up well! We need a catalyst for her to rise back to 1.38 and 1.42 !


 Perhaps a first rate cut is near the corner! Pls dyodd. 


2nd May 2024:

 Mapletree PanAsia Com Tr  - Today, she went Ex.dividend! Likely to go down to revisit 1.20 again! 



Pls dyodd. 

  Mapletree PanAsia Com Tr - The 4th Quarter results is out! DPU is up 1.8 percent to 2.29 cents, seems not bad! 






(DPU) for the fourth quarter ended March grew 1.8 per cent year on year to S$0.0229 from S$0.0225 previously.

Unitholders can expect to receive the distribution payout on Jun 6 after book closure on May 3. 

The real estate investment trust’s (Reit) gross revenue grew 2.6 per cent to S$239.2 million, while net property income (NPI) for the quarter rose 3.2 per cent to S$183.1 million with an NPI margin of 76.6 per cent.


Wilmar Intl - She is heading down to test 3.00 than 2.80! Pls dyodd.

  Wilmar Intl  - She is heading down to test 3.00 than 2.80! 



Pls dyodd. 

If the director stopped buying I think price may fall even faster! 

Cautious mode! 


 Wilmar Intl  - Looks like she is going down to test 3.07 than 3.00!



 Pls dyodd. 


 Wilmar Intl  - Chart wise,  bearish mode! The director keeps buying back share but the share price keep drifting lower! I think testing 3.07 than 2.98 soon! 



Pls dyodd.


 Wilmar Intl  - FY 2023 results is out! 2nd Half net profit is down 27.1 percent to 989.3m versus 1264.3m last year!  FY net profit is down 35.3 percent to 1566m versus 2419m. 




Final dividend of 11 cents declared same as last year, i think the results is not bad! 

XD 29th April. 

Pls dyodd. 


TA wise, bearish mode!

High probability she may go down test 3.26 than 3.23 with extension to 3.0p.

Pls dyodd.



Results is due on 21st February. 

Chart wise,  bearish mode! 

She may likely go down to test 2.98/3.00.



Breaking down of 3.00 plus high volume she may go further down to revisit 2.80 Than 2.43. 

Pls dyodd.


 Wilmar Intl  - She has broken down 3.38 level seem rather Negative and may likely go down to test 3.00! Do take note!



Pls dyodd.


This piece of news reported on the media not sure will it affects the share price! Please dyodd.

Quote : A Chinese subsidiary of Asian food giant Wilmar International F34 0.29% has denied allegations by a city prosecution agency that one of its units was partially accountable for a trade fraud that led to a 5.2 billion yuan (US$725 million) loss for a state-owned company.

https://www.theedgesingapore.com/news/company-news/wilmar-unit-denies-involvement-alleged-china-palm-oil-fraud

Wilmar Intl  - She is drifting lower,  looks rather interesting! Likely to go down to test 3.39 again! Do take note!



 

Yearly dividend of 17 cents, yield is 4.94% at 3.44 of which i think  is quite a gd yield level!

Breaking down of 3.38 we may see sliding down toward 3.00.

Pls dyodd. 

Wah, crucial moment! 



I think is good to monitor and wait for market confirmation! 

Yearly dividend is 17 cents. Yield is 4.73%. NAV 4.22.

Pls dyodd.

  TA wise,  bearish mode!




If 3.60 cannot hold the high chance she will go down to test 3.53/3.50. Breaking down of 3.50 plus high volume we may likely see her going down to test 3.28 than 3.00 and 2.94.

Pls dyodd. 


Wilmar Intl  - Results is out Net profit is down 52.7% to 550m, Total Revenue is down 10% to 32538m.



Declared same interim dividend of 6 cents. 

Lower contribution from Food and Feed and I industrial products despite higher sales volume. 

Free cash flow of 1.89b.

I think the results is not bad!

Let's see how she fares next week!

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 packaginganimal 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. 


An Expanding Global Footprint:

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:

  • Largest edible oils refiner, specialty fats and oleochemicals manufacturer as well as leading oilseed crusher, producer of consumer pack oils, flour and rice and one of the largest flour and rice millers in China
  • One of the largest oil palm plantation owners and the largest palm oil refiner and palm kernel and copra crusher, specialty fats, oleochemicals and biodiesel manufacturer in Indonesia and Malaysia
  • Largest producer of branded consumer pack oils in Indonesia
  • Largest branded consumer pack oils, specialty fats and oleochemicals producer and edible oils refiner as well as leading oilseed crusher, sugar miller, refiner and ethanol producer in India
  • One of the largest investors in oil palm plantations, one of the largest edible oils refiners and producers of consumer pack oils, soaps and detergents as well as third largest sugar producer in Africa
  • Largest raw sugar producer and refiner, a leading merchandiser of consumer brands in sugar and sweetener market and largest manufacturer of bread, spreads and sauces in Australia
  • Leading refiner of tropical oils in Europe.
First quarter 2023 Financial No. update :

The Group reported net profit of US$391.4 million and core net profit of US$381.9 million for the quarter, with stronger sales volume recorded in both Food Products and Feed & Industrial Products segments. Excluding the gain on dilution of interest in Adani Wilmar Limited of US$175.6 million recognised in 1Q2022, the Group reported a growth in net profit of 10.3%, while core net profit grew by 16.5% during the quarter. 




Despite the challenging operating conditions, the Group managed to deliver a satisfactory set of results for 1Q2023. Higher volume of sales was achieved across all businesses. Sugar milling and merchandising did well with higher sugar prices. Oilseed crushing did better due to higher volume and good coverage of raw materials. Food Products segment saw an overall increase in volume of sales, largely due to higher medium pack and bulk products sales, particularly in China. Plantation profit was reasonable even though palm oil prices came down significantly from the peak. Shipping performed well but palm oil refining margin was poor. 

Cash Flow & Balance Sheet The stable performance for the quarter led the Group to generate higher operating cash flows before working capital changes of US$756.1 million. With the decline in commodity prices and seasonal reduction in overall inventory balance during the quarter, working capital requirements for the Group decreased accordingly, leading to lower net debt of US$17.27 billion as of 31 March 2023 (31 December 2022: US$18.75 billion). Consequently, net gearing ratio for the Group improved to 0.84x as of March 2023 (FY2022: 0.94x). This led to the Group generating strong cash inflow from operating activities of US$2.17 billion in 1Q2023. At the end of the reporting period, the Group had unutilised banking facilities amounting to US$26.32 billion. 

Outlook Results for the quarter ended 31 March 2023 were satisfactory, despite the uncertain macro-economic outlook at the start of the year. With our diversified and integrated business strategies, we are cautiously optimistic that performance for the rest of the year will remain satisfactory. 

The company paid out Final dividend of 11 cents + interim dividend of 6 cents, total 17 cents for FY 2022. The current share price is $3.97, yield is about 4.28% of which I think is quite a decent yield!

Chart wise, bearish mode!
She may likely continue to trend lower!





Short term wise, I think likely to go down to test 3.90.
Breaking down of 3.90 plus high volume that may likely see her falling down further towards 3.75 then 3.46 level.

Please dyodd.

The Hour Glass - After the results announcement, price seem to have turned weaker as i reflected on the chart with numerous Red candlesticks, doesnt look good! I think likely to go down to test 1.49 then 1.44! Pls dyodd.

 The Hour Glass - After the results announcement,  price seem to have turned weaker as reflected on the chart with numerous Red candlesticks,  doesnt look good! I think likely to go down to test 1.49 then 1.44!



Breaking down of 1.44 we may see her testing 1.40 than 1.37.

 Pls dyodd. 


The Hour Glass - Chart wise,  bearish mode! I think likely to go down to test the recent low of 1.52! Cautious mode!


 

Breaking down of 1.52 plus high volume that would be very negative and might see her going down to test 1.40 than 1.37.

Pls dyodd.


NAV 1.22.

Yearly dividend is about 8 cents.

Yield is about 5.2% at 1.53.

 The Hour Glass Limited (“Hour Glass” or the “group”) is mainly involved in sales and distribution of specialty and luxury watches. To date, the group has 55 retail boutiques.