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

Tuesday, October 27, 2026

UIBREIT - DPU for the Period from 3 July 2025 to 30 September 20261 of 3.71 Singapore cents was 0.8% ahead of Forecast • Positive rental reversion of 5.1% in Singapore was supported by stable underlying operations with healthy portfolio committed occupancy of 97.3% as at 30 September 2026

 UI BOUSTEAD REIT DELIVERS 3.71 CENTS DPU IN MAIDEN FINANCIAL RESULT, AHEAD OF FORECAST

• DPU for the Period from 3 July 2025 to 30 September 20261 of 3.71 Singapore cents was 0.8% ahead of Forecast

• Positive rental reversion of 5.1% in Singapore was supported by stable underlying operations with healthy portfolio committed occupancy of 97.3% as at 30 September 2026

• Asset enhancement initiative works at 84 Boon Keng Road to reposition the property from a single-tenant to multi-tenant building are on track to complete by end-2026


• Future DPU growth is supported by two co-investments in development projects in Singapore and 

Japan; options to purchase the balance interest upon completion of the respective developmentsprovide a highly visible acquisition pipeline.


Media Release

Japan in partnership with the Sponsor, which has enabled us to achieve higher returns on a risk-

mitigated basis. In addition, the options to purchase the balance interest in the respective properties 

upon completion provide UI Boustead REIT with a highly visible acquisition pipeline which further 

underpins future growth.”

Financial Review for the Period

UI Boustead REIT achieved net property income of S$54.5 million for the Period, 1.8% below the 

Forecast due to lower than forecast occupancy, and weaker Japanese yen against the Singapore dollar. 

Share of results of joint ventures of S$6.0 million outperformed the Forecast by 31.6% due to better 

performance at Razer SEA HQ and 6 Tampines Industrial Avenue 5. Taken together with net property 

income, the operational result (combining net property income and share of results from joint ventures) 

of S$60.5 million was slightly ahead of the Forecast. 

Amount available for distribution of S$50.9 million was 0.8% above Forecast, taking into account net 

finance costs of S$8.1 million, which was 6.5% above Forecast due to higher interest rates. To mitigate 

foreign exchange volatility, expected distribution income in Japanese yen has been substantially 

hedged into Singapore dollars.

UI Boustead REIT declared its maiden DPU of 3.71 Singapore cents, which was 0.8% ahead of the 

Forecast DPU of 3.68 cents for the Period. With the record date on Wednesday, 4 November 2026, 

payment of distribution is expected on Monday, 7 December 2026.


Monday, October 26, 2026

Seatrium - Nibbled small units at 1.79. It looks like she may have bounce-off from the bottoming price at 1.78

 Seatrium  - Nibbled small units at 1.79. It looks like she may have bounce-off from the bottoming price at 1.78.

She may rise up to test 1.89 - 1.92. 

Beyond  1.92, she may rise up further towards 2.00 and above. Pls dyodd. 


 13 October 26:

Seatrium  - Chart wise,  bearish mode. She may go down to test 2.90, if unable to hold we may see further weakness.

NAV 2.17. EPS 9.6 cents. PE 20.3 time.

Dividend yield is 1.5%.

If the company didn't buy back share, price may go further downward towards 1.83 than 1.70 and 1.65. Pls dyodd. 



Ifast - In 3Q2026, the Group achieved a 23.0% YoY growth in total revenue to S$167.01 million, while net profit grew 24.5% YoY to S$32.37 million.The Group’s EBITDA1 grew to S$51.59 million, representing a 22.8% YoY growth.

 In 9M2026, the Group’s Net Profit increased by 34.4% YoY to S$90.27 million.

• In 3Q2026, the Group achieved a 23.0% YoY growth in total revenue to S$167.01 million, while net profit grew 24.5% YoY to S$32.37 million.

• The Group’s AUA increased 20.0% YoY to a new record high of S$36.76 billion as at 30 September 2026, supported by healthy net inflows of S$1.24 billion in 3Q2026 (9M2026: S$3.80 billion).

• For 3Q2026, the Group’s EBITDA1 grew to S$51.59 million, representing a 22.8% YoY growth.

• iFAST Global Bank (“the Bank”) built on its first full year of profitability in 2025 by reporting a 964.7% 

YoY growth in pretax profit to S$3.29 million in 3Q2026. The sharp increase in profitability was underpinned by a 67.1% growth in net revenue. 

• As the Group’s profitability continues to improve and shareholders’ equity grows, the Directors are comfortable with gradually increasing dividend payouts, while maintaining flexibility to support future growth opportunities, capital requirements and business needs.

• The Board of Directors declared a third interim dividend of 3.20 cents per ordinary share, representing a 39.1% YoY increase. XD 4th Nov. 


The Bank continued to strengthen its earnings contribution following its first full year of profitability in 2025.

The Bank reported a record profit before tax of S$3.29 million in 3Q2026 (a growth of 964.7% YoY). Overall, 

the Bank recorded a profit before tax of S$5.90 million in 9M2026, an increase of 193.5% YoY.

The improvement in profitability was underpinned by 24.7% YoY growth in net revenue to S$35.05 million

in 9M2026, with both the Digital Personal Banking and Business Banking divisions contributing to the 

Bank’s continued expansion.

With the Bank now established as the Group’s third-largest revenue contributor, the Bank is expected to 

play an increasingly important role in driving the Group’s revenue and profitability growth.

2026 Outlook

Looking ahead, iFAST Global Bank’s pretax profit is expected to exceed S$10 million in FY2026, an increase of over 200.0% compared to S$3.11 million in FY2025.

As the Group’s overall profitability continues to improve and as shareholders’ equity grows, the Directors are comfortable with gradually increasing dividend payouts, while maintaining flexibility to support future growth opportunities, capital requirements, and business needs.

For the third interim dividend for FY2026, the Directors declared a dividend of 3.20 cents per ordinary share, 

a 39.1% YoY increase from the third interim dividend of FY2025. In 9M2026, the dividend payout ratio is 29.4%, compared to 26.5% in 9M2025.

This is consistent with the Directors’ previously announced expectation to propose a total FY2026 dividend of 12.00 cents per ordinary share or higher. As previously stated in the Group’s latest financial resultsannouncement, this would represent an increase of at least 43.0% compared to FY2025.

Saturday, October 24, 2026

Dbs bank - Chart wise, bearish mode. Shw may go down to test 72.50. Next, she may go further downward towards 70 and below

 Dbs bank  - Chart wise,  bearish mode.  She may go down to test 72.50. Next, she may go further downward towards 70 and below.

Beyond  70, she may head further South towards 65. Pls dyodd. 


Friday, October 23, 2026

Keppel DC Reit - 3rd quarter results update is out.DI is up 16.7 percent to 227m. DPU increased 11.7 percent to 8.571 cents.Occupancy ratr 96 percent. Gearing 36.2 percent. Positive rental reversion of 14 percent. The results seem gd

Keppel DC Reit  - 3rd quarter results update is out.DI is up 16.7 percent to 227m. DPU increased 11.7 percent to 8.571 cents.Occupancy ratr 96 percent.  Gearing 36.2 percent.  Positive rental reversion of 14 percent.  The results seem gd.




9M 2026 vs 9M 2025

• Higher NPI mainly due to:

i. positive reversions and escalations; and

ii. acquisition of Tokyo Data Centre 3 

partially offset by:

i. divestment of Kelsterbach Data Centre; and

ii. absence of income from Cardiff Data Centre

• Higher DI & DPU driven by:

i. stronger operating performance;

ii. contributions from acquisitions; and

iii. increased effective interests in Keppel DC Singapore 3 & 4partially offset by:

i. finance costs from acquisition loans drawn in 4Q 2025 & Keppel DC Singapore 7 & 8 lease extension consideration; and

ii. enlarged Unit base following the Sep 2026 

Private Placement, ahead of income contributions from Tokyo Data Centre 4 & 5 from 1 Oct 2026.

Chart wise,  a nice wide and bullish candlesticks spotted on the chart, up 8 cents to close at 2.13.This is rather positive.  She may rise up to test 2.25 then 2.35 and above. Pls dyodd. 


DFI Retail Group - 3rd quarter results update. The Group is well-positioned to exceed its 2025-28 revenue CAGR guidance of 2-3% with the expected revenue consolidation in the amount of US$600-650 million from the Starbucks licensed business in 20271and approximately US$900 million in 2028

 Today, she suddenly spike up. Looks like some buying activities spotted.  Trading at 3.50, looks rather positive.  Pls dyodd.  


The Group is well-positioned to exceed its 2025-28 revenue CAGR guidance of 2-3% with the expected revenue consolidation in the amount of US$600-650 million from the Starbucks licensed business in 20271and approximately US$900 million in 2028. The Group also remains on track to deliver an underlying profit of US$310-350 million in 2028, as outlined at the 2025 Investor Day. This outlook is supported by continued solid momentum across its business segments as well as expected synergy benefits from the integration of Starbucks into DFI’s operations. 


For the third quarter of 2026, the Group’s underlying subsidiary sales from continuing businesses to increased by 4% year-on-year and 2% on a like-for-like (LFL) basis. This was driven by strong performances in the Health & Beauty and Convenience segments.Underlying subsidiary profit from continuing businesses grew 17% year-on-year, representing a 40bps margin improvement. This was mainly due to higher profitability in Health & Beauty and Home Furnishings, as well as lower SG&A expenses from ongoing lean initiatives. Overall underlying profit growth from continuing businesses was supported by higher contribution from Maxim’s, primarily due to the earlier timing of the mid-autumn festival compared with last year.

The Group continued to maintain a strong balance sheet with US$128 million net cash as of 

30 September 2026, compared to US$22 million net debt as of 30 June 2026. The Group 

remains committed to enhancing total shareholder returns while maintaining financial flexibility to pursue inorganic opportunities that accelerate revenue growth and deliver long-term strategic value. 

The Group raises its full-year 2026 guidance for underlying profit attributable to shareholders to be between US$295 million and US$305 million (up from the previous range of US$285 million to US$305 million), supported by organic revenue growth of approximately 2-3%, and a dividend payout ratio of 70%. The Group also announced an increase in its dividend payout ratio to 80% for the financial year 2027.