Tbills - Tbills for Oct (6 months) is opened for application from 5 Oct to 12 Oct Please take note!

 October Tbills is opened for application from 5 to 12 Oct. 

You may apply through local bank - Online/invest/more transactions  - Apply for Gov securities. Select Tbills. 

Total amount Offered is 5.4b.

Pls dyodd. 

Tbills min amount to apply is $1000.

I think there is a cap limit of 1m unlike Singapore Saving Bond that has a cap to $200k.

The latest 

Auction: BS23119H 6-Month T-bill (New)

Has achieved a cut off yield of 4.07% which is very good interest rate. 

Usually, I will opt for non-competitive application as it is kind of gurantee without having to bid for your preferred interest of lets says 3.2% then you will not be able to secure for the medium cut off interest of 4.07%.

Application for non-competitive doesn't has to pay the $2 bank fee. I think same for competitive bid. 

For the next offer for Tbills you may check it out on via this web site. 

For individual investors

Check with the banks on the exact closing date for T-bills applications through the various channels.

For cash application: DBS/POSB, OCBC and UOB ATMs and internet banking portal.

For SRS application: Internet banking portal of your SRS Operator (DBS/POSB, OCBC, or UOB).

For CPFIS-OA application: You will need to submit an application via your CPFIS-OA agent banks (DBS/POSB, OCBC, or UOB). Application is restricted to your CPFIS-OA agent bank to facilitate the settlement process for SGS bonds and T-bills purchased under CPFIS-OA.

• DBS/POSB: Apply through DBS/POSB's internet banking portal.
• OCBC: Apply through OCBC’s internet banking portal or OCBC Digital application.
• UOB: Apply for SGS bonds in person at any UOB branch. Apply for T-bills through UOB’s internet banking portal.

For CPFIS-SA application: You will need to submit an application via your CPFIS bond dealers (DBS/POSB, OCBC, or UOB).

• DBS/POSB: Apply in person at any DBS/POSB branch.
• OCBC: Apply through OCBC’s internet banking portal or OCBC Digital application.
• UOB: Apply in person at any UOB branch.

Genting Sing - Wow, she is trading at an interesting price level yielding 4.84% at 82.5 cents looks like a good pivot entry level!

Estimating yearly dividend of 4 cents , yield is quite good at 4.84% base on current price of 82.5 cents. 

Immediate support is at 79-80 cents.

Looks like current price range of 79 to 83 cents might be a good price level to accumulate.

Not a call to buy or sell!

Pls dyodd.

She has been driven to an super oversold territory!

A nice entry pivot point is around 0.83-0.835.

Let's monitor and wait for the right price to come !

Please dyodd.

Genting Sing  - After XD, she has corrected to 0.875 looks like good price is back! First Half results improved more than 100% to 276m. 

She is hovering near support turned resistance at 0.88. 

I think Final dividend may be increase from 2 cents to 2.5 cents . Together with interim dividend of 1.5 cents, total 4 cents dividend yield is about 4 6% at current price of 0.875.

Please dyodd.

  Genting Sing  - Results is out, net profit increase more than 100% to 276m vs 84m last year, dividend increase 50% to 1.5 cents.

EPS of 2.29 cents vs 0.7 cents last year. 

Healthy cash flow plus 3.4b cash on hands with net cash position,  solid.

I think good sets of financial numbers. 

Yearly dividend of 3.5 cents,  yield is 3.8%.

Not a call to buy or sell!

Please dyodd. 

GENTING SINGAPORE LIMITED (“GENTING SINGAPORE”) WAS INCORPORATED IN 1984 IN THE ISLE OF MAN. GENTING SINGAPORE WAS CONVERTED INTO A PUBLIC LIMITED COMPANY ON 20 MARCH 1987 AND LISTED ON THE MAIN BOARD OF THE SINGAPORE EXCHANGE SECURITIES TRADING LIMITED ON 12 DECEMBER 2005. ON 1 JUNE 2018, GENTING SINGAPORE TRANSFERRED ITS DOMICILE FROM ISLE OF MAN TO SINGAPORE.

For over 30 years, Genting Singapore and its subsidiaries (the “Group”) have been at the forefront of gaming and integrated resort development in Australia, the Bahamas, Malaysia, the Philippines, Singapore and the United Kingdom. Today, we are best known for our award-winning flagship project, Resorts World™ Sentosa in Singapore, which is one of the largest fully integrated destination resorts in South East Asia. 

Genting Singapore is ranked among Singapore’s largest public-listed companies. Genting Singapore is a constituent stock of the FTSE Straits Times Index.

Today, more than 70% of Genting Singapore and its subsidiaries' team members are Singaporeans and Permanent Residents. There is great diversity in the company too, with more than 40 nationalities represented.

Our management team is very experienced and boasts a wide variety of skill sets.

Diverse skills set:

• Large-scale Project Development
• Casino Management and Marketing
• Theme Park Operations
• Marine Life Park Operations
• Animal Health and Research
• Marine Life Conservation and Education
• Hotel Management and Operations
• Spa Management and Operations
• Food and Beverage
• MICE and Events Management
• Marketing and Sales Excellence
• 
  
  
  
  

Chart wise,  bearish mode!

It is hovering near the support at 0.93.

Breaking down of 0.93 plus high volume that may likely drive the price lower towards 0.90.Next 0.88 then 0.85 with extension to 0.80.

NAV is 0.663.

Yearly dividend of 3 cents. 

Yield is about 3.1%.

PE 33x.

Please dyodd. 

dwide

Capland Ascott trust - Wah, I think gd price is back! At 0.915, yield is about 5.8% for this giant hospitality reit looks rather interesting!

 Chart wise,  bearish mode!

The recent PO price of 1.025 is trading a great discount to the current price of 0.915! 

Those took up the PO is having paper loss.

But on the other hand, I think gd price is back! 

NAV is about 1.138.

Yearly dividend is about 5.3 cents.

I think Gearing is below 40%.

Immediate support is at 0.915.

Next support is at about 0.88.

Not a call to buy or sell!

Please dyodd.

UOB - TA wise, bearish mode! I think she is going down to rest 27.64 again!

Chart wise,  it has not been able to breakout of the bearish trend and likely see her drifting lower to retest 27m64 than 27.13 and 27.00.

Pls dyodd.

Chart wise,  bearish mode!

Short term wise,  I think likely to go down to test 28.00 than 27.64. 

Breaking down of 27.64 we may see her drifting lower towards 27.13 than 26.98.

Please dyodd.

 TA wise, bearish mode!

I think high chance for her to breakdown 27.63 that may present a good candidate for shorting! 

Breaking down of 27.63 plus high volume she may likely go lower to test 27.13 than 26.98.

NAV 25.13. This might be a gd pivot entry point for long term horizon.  

Not a call to buy or sell!

Please dyodd. 

 Chart wise,  bearish mode!

Sold down after Ex.dividend of 0.85 on a few days ago from 29.82 to close at 28.62, it has retreated more than its dividend of 85 cents! 

Short term wise,  I think likely to go down to test 28.00 than 27.13/27.00.

Not a call to buy or sell!

Please dyodd.

Frasers L&C Tr - 2nd Half Results will be out on 2 Nov before trading commence, dividend is coming! Gearing 28.6%, Price per book below 1.

 The price has been further pressed down to 1.06-1.07

Results will be out on 2nd November before trading commence. 

This is getting even more interesting with an yield of 6.8% . Good gearing ratio of 28.6, Price per book below 1. 

Bad time create golden opportunity!

Not a call to buy or sell!

Pls dyodd.

I think is a no-brainer strategy to get at 1.15 plus yield of 6.33%, gearing of 28.6% of which has plenty room to cushion the rate hikes plus expansion.  Trading below its NAV of 1.274 which is also another plus point.

Not a call to buy or sell!

Pls dyodd.

Chart wise, bearish mode!

She is trading at the price range of 1.17 to 1.21. 

Pls dyodd. 

  

She is rising up slowly,  good sign! Likely to cross over 1.20 and rises further towards 1.24-1.28. 

Pls dyodd.

 Frasers L&C Tr  - I think good price is back! Yield of 6.2%, gearing 28.6%. 

She is being pushed down to an oversold territory! At 1.18, yearly dividend is about 7.29 cents,  yield is about 6.2% .

I think current weakness in price could be due to AUD ex.rate is weakening against SGD.

Plus higher Operations costs that is eating into the distribution income.  But with higher rental reversion hope can cover some of these operations costs.

NAV 1.276.

She is hovering at the support level of 1.17.

Next support is at 1.13.

Not a call to buy or sell!

Please dyodd.

Lendlease Reit - I think she is heading down to test 50 cents soon! Cautious mode!

 TA wise,  super bearish mode!

She has broken down the recent low of 54 cents and it is now trading at 52.5 to 53 cents looks like heading down to revisit 50 cents soon!

Cautious mode!

Not a call to buy or sell!

Please dyodd.

 Chart wise,  bearish mode!

No sign of reversal!

How far it will go lower is a guessing number! 

I think is good to stay cautious!

Please dyodd.

 Is this a value trap or golden opportunity? 

I think I am gearing more towards extra cautious mode! 

The market is weak and all waiting for Fed meeting in September whether will there be another hike or postpone till November. 

NAV 0.787. Yearly dividend is about 4.7 cents.  Yield is about 8.4%.

The current high interest rates environment is likely increase their operation costs and thereby eating into their distribution income and lower the dpu payout.

Chart wise, looks like the same scenario may play out like Ireit chart patterns. 

short term wise, it may go down to revisit 50 cents.

Please dyodd.

Quote: citi analyst - LREIT’s gearing for the 4QFY2023 ended June 30 stood at 40.6%, which is its highest level since it listed on October 2019.
“We estimate a higher look-through (including $0.4 billion [in] perpetual securities (perps) and debt at Parkway Parade Partnership’s level) gearing of 50.5%, which ranks highest among S-REITs under our coverage (average 40.1%),” Lee writes. Is good to be extra cautious!

The manager of Lendlease Global Commercial REIT (“Lendlease Global REIT”), announced today that it has successfully completed its Initial Public Offering (“IPO”) of 387,474,987 units in Lendlease Global REIT (“Units”) at S$0.88 each (“Offering Price”), in connection with the proposed listing.

IPO price at 0.88 I think likely a history! 

Those got it at IPO is still loosing money even with dividend collected.

Pls dyodd.