Thursday, October 18, 2018

StarHub

From TA point of view,looks bullish!
After touching the low of $1.61, it has managed to stage a strong recovery and head Higher to touch $1.98, this is rather positive.



Short term wise, I think it may likely re-attempt $1.98 . Breaking out with ease plus good volume that may propel to drive the price Higher towards $2.05 then $2.11.


Not a call to buy or sell.
Pls dyodd.

StarHub Ltd, an integrated info-communications company, provides information, communications, and entertainment services for consumer and corporate markets in Singapore. It operates a mobile network that provides 4G and 3G services; and manages a hybrid fibre co-axial network that delivers multi-channel pay TV services, including HDTV, Internet TV, and on-demand services, as well as ultra-high speed residential broadband services. The company also operates a fixed business network that provides a range of data, voice, and wholesale services; and offers a range of business broadband plans, as well as commercial and residential IPTV services. In addition, it offers telco services for various business needs from enterprise mobility to high speed Internet connectivity to VPN; info-communications solutions; and digital services. The company was founded in 1998 and is based in Singapore. StarHub Ltd is a subsidiary of Asia Mobile Holdings Pte. Ltd.

Wednesday, October 17, 2018

SGX

1st quarter result was released on Friday - 19th Oct 2018 and I think the result could be much better that market expectation of a drop in total revenue and net profit.

Overall it has managed to achieved a S$209 million, up 2% from a year earlier.
Operating profit: S$106 million, unchanged.
Net profit: S$91 million, unchanged
Earnings per share: 8.5 cents
Interim dividend per share: 7.5 cents, up by 2.5 cents

XD on 25th Oct 2018 and pay date on 5th Nov 2018.

Looks like we may see the price heading higher come Monday and head higher to fill up the gap at 7.01 and rises higher towards 7.10 with extension to 7.20 level.

Not a call to buy or sell.
Pls dyodd.

17th Oct 2018
After touching the low of $6.81 it has managed to stage a nice rebound and head higher to hit $6.95 today , this is rather bullish!

Short term wise, I think likely to continue to head higher!

Testing $7.01 then $7.10 with extension to $7.30 level .

Not a call to buy or sell.

Pls dyodd.

Going forward, the company will be giving out quarterly dividend of 7.5 cents for each quarter which is adding up to a total of 30 cents yearly dividend. A nice dividend counter to put in on our watchlist or portfolio.

Tuesday, October 16, 2018

Temasek 5 years bond

Temasek is offering 5 years bond @ 2.7%. 

Application is open to public on 17 October to 23rd October 2018 noon time.


Application and Payment Procedures for Retail Investors in Public Offer An application under the Public Offer must be in multiples of S$1,000, subject to a minimum subscription of S$1,000.


Applications under the Public Offer are payable in full immediately, and must be made through: 

ATMs of DBS Bank, POSB, OCBC Bank or UOB; 

Internet banking websites of - DBS Bank at , - POSB Bank at , - OCBC Bank at , or - UOB at ; or  Mobile banking apps of DBS Bank or POSB.

 Retail investors in Singapore will need a CDP account to apply for this bond. Subscriptions under the Public Offer will be subject to balloting and allocation if the total subscriptions exceed the amount available for subscription under the Public Offer. If an applicant under the Public Offer is unsuccessful, in whole or part, for whatever reason, the unsuccessful proportion of the application amount will be refunded without interest.


 More details can be found in “Terms, Conditions and Procedures for Application and Acceptance” in Appendix C of the Pricing Supplement.

Sunday, October 14, 2018

Ascendas Reit

I think this is a good solid Reit counter with great sponsor and we'll diversified portfolio consists of Data center, warehousibg, retail and distribution, logistics etc covering Singapore, Australia and UK. 


A-REIT announced private placement of 178 million in September 2018 for new units at $2.54 a piece to raise $452.1 million of proceeds to partly fund the second acquisition in UK and also to fund the development of new built-to-suit (BTS) property in Singapore. Some of the new financing will be used to pare down debt as well.


According to pro forma figures, management expects the acquisitions to lift the distribution per unit (DPU) .



22nd September 2018
Last Friday we have witnessed a wide Bearish bar down 4 cents to close at 2.56 , couple with High volume this is rather bearish.


Short term wise, I think it may likely retest 2.54 then 2.49 with extension to 2.45 level.

 Not a call to buy or sell.

 Pls dyodd.


 Based on A-REIT's own announcement on their rationale for the private placement, it was meant to raise funds for acquisition of a UK portfolio of 12 properties which A-REIT thinks will increase long term distributions for unitholders. The funds raised from private placement was also to be used for a built to suit property development, for repayment of some debts, for reducing their gearing, for setting aside some cash for future acquisitions and also to increase trading liquidity of it's units. It seems that A-REIT has good rationale for doing this private placement.


 I provide a link below for further read on A-REIT's recent private placement.

 Let us see below. Over the past 9 years, A-REIT has grown it's revenue at a CAGR of 9.02%. It has grown it's net property income at a CAGR of 8.72%. It has grown it's distributions to unitholders at a CAGR of 9.27%. It has grown it's value of investment properties at a CAGR of 9.63%.


 "Hot stock: Ascendas Reit units down 2.6% after manager prices S$452m placement at S$2.54 per unit" by The Business Times https://www.businesstimes.com.sg/companies-markets/hot-stock-ascendas-reit-units-down-26-after-manager-prices-s452m-placement-at-s254

Friday, October 12, 2018

UMS

A nice rebound from 64 cents and close well at 69 cents on Friday! Coupled with high volume + filling up the Gap at 68.5 cents looks rather positive!


A Bullish pin bar appeared in the chart + RSI breakout 40 level signify strength!

Short term wise, I think likely to head Higher towards 73 cents then 75 cents .

Not a call to buy or sell.
Pls dyodd.


20th September 2018 After touching the low of 67.5 cents it has manage to reclaimed 70 cents level, looks rather positive!

Yesterday it has managed to close well at 70.5 couple with high volume this is rather bullish!
A bullish pin bar seems appearing on the chart indicating Bull is in control .

Short term wise, I think it may rise up to test 75 cents then 80.

Not a call to buy or sell.

Pls dyodd.

UMS Holdings Limited, an investment holding company, provides high precision front-end semiconductor components, and electromechanical assembly and final testing services. It operates through two segments, Semiconductor and Others. The Semiconductor segment offers precision machining components and equipment modules for semiconductor equipment manufacturers. The Others segment provides water disinfection systems shipment services; and supplies base components to oil and gas original equipment manufacturers. The company also offers precision machining services, including milling, lathe, horizontal, cleaning, anodizing, and CMM; metal finishing services, such as electroless and selective nickel, anodizing, plating, e-polish, chemical cleaning, and parts refurbishment; and system integration, refurbishment, prototyping, and vendor managed inventory services, as well as electroplating services. In addition, it is involved in the assembly and integration of equipment and automated assembly lines; manufacture and assembly of stainless steel gaslines and weldment products; manufacture and repair of waste water treatment equipment; and holding of investment properties. The company serves semiconductor, electronic, machine tools, aerospace, and oil and gas industries. It operates in Singapore, Malaysia, the United States, Poland, Taiwan, South Korea, and the People’s Republic of China. UMS Holdings Limited was incorporated in 2001 and is headquartered in Singapore.

Thursday, October 11, 2018

UOL

From TA point of view, it is on a downtrend mode chart patterns, looks rather bearish! Today Gap down coupled with high volume, this is rather negative and may likely continue to see it share price sliding down towards South!

 The current price of $6.21 is trading below its SMA lines. Another bearish factor and might see further weakness going forward.





 This could well be a good candidate for shortist to ride on this bearish down swing. Short term wise, we may likely see a short rebound and then continue to edge lower to revisit $6.00 then $5.60 with extension to $5.20.

 Not a call to buy or sell.

 Pls dyodd.






UOL Group Limited, through its subsidiaries, primarily engages in property development and management, property investments, and hotel businesses. Its property development projects include residential units, office towers and shopping malls, and hotels and serviced suites. The company also owns and/or manages approximately 30 hotels under the Pan Pacific and PARKROYAL names in Asia, Oceania, and North America with approximately 10,000 rooms in its portfolio. In addition, it is involved in the rental of serviced suites, commercial offices, and retail malls; treasury services business; management of serviced suites; operation of restaurants; and management and operation of health and beauty retreats and facilities. Further, the company engages in the retail of computer hardware and software; property trading business; management and licensing of trademarks; retail management consultancy services business; and provision of information technology related products and services. UOL Group Limited has operations in Singapore, Australia, Vietnam, Malaysia, the People’s Republic of China, Myanmar, and the United Kingdom. The company was formerly known as United Overseas Land Limited and changed its name to UOL Group Limited in 2006. UOL Group Limited was founded in 1963 and is based in Singapore.

Tuesday, October 9, 2018

SPH

Today we have witnessed another bearish wide bar and touch the low of $2.70, coupled with high volume this is rather bearish.

Looks like next we could be seeing $2.60 soon!

9th Oct 2018
Today it has finally succumb to the selling down pressure and given up the holding point at $2.84 and sliding down to close lower at $2.78 . Coupled with high volume, this is rather bearish!

Short term wise, I think it may likely head lower to revisit $2.70 then $2.60 with extension to $2.55 level.


Yield at about 3.2% if based on 9 cents annually dividend and 4.3% is based on 12 cents dividend + special dividend. It seems that yield is not too bad.

NAV of $2.11.
PE is about 13X.

Not a call to buy or sell.

Please dyodd.

Singapore Press Holdings Limited, together with its subsidiaries, operates as a media company in Singapore and internationally. It operates through three segments: Media, Property, and Treasury and Investment. The company offers daily newspapers and student weeklies; publishes, produces, and distributes books; publishes and produces approximately 80 magazine titles in the areas of lifestyle and information technology, as well as operates various online sites; and provides digital advertising services. It also operates other media initiatives, such as AsiaOne, Stomp, zaobao.sg, and zaobao.com Websites; and online marketplace for jobs, property, cars, and general classifieds; radio channels, including Kiss92 and ONE FM91.3 in English; SPH Buzz, a retail convenience chain; and UFM100.3, a Chinese radio station; financial portals; and Web search portals that offers property data and analysis. In addition, the company provides online investor relations, management support, editorial, fund management, business management and consultancy, online marketing, public relations, news reporting, technical, software consultancy, online classifieds, and other services, as well as multimedia contents and services. Further, it organizes consumer and trade events, exhibitions, conferences, and conventions; owns and operates nursing homes; develops e-commerce applications; franchises kiosks to third party operators; and licenses copyrights, trademarks, and software. Additionally, the company is involved in computer programming activity for online investor relations and related business; holding, developing, managing, and letting properties, as well as provision of property management services; holding investments; and managing shopping centers. Singapore Press Holdings Limited was incorporated in 1984 and is based in Singapore.