Tuesday, March 5, 2024

Raffles Medical Group - Chart wise, bearish mode! Breaking down of 98 cents we may see her going down to 90 than 80 cents! Dividend cut from 3.8 cents to 2.4 cents, doesnt look good!

 Raffles Medical Group  - Chart wise, bearish mode! Breaking down of 98 cents we may see her going down to 90 than 80 cents! Dividend cut from 3.8 cents to 2.4 cents, doesnt look good! 



SSB is offering an average 10 years yield of 3.04% much higher than their yield of 2.4%.

Pls dyodd. 


Quote: Raffles Medical Group has reported patmi of $90.2 million in FY2023 ended December, 37.1% lower y-o-y on the discontinuance of Covid-19-related activities.

Earnings per share stood at 4.85 cents, compared to the 7.71 cents recorded in FY2022.

For the full year, the company posted revenue of $706.9 million, down 14.1% from the $822.9 million recorded in FY2022.

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



Monday, March 4, 2024

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!

 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. 

Saturday, March 2, 2024

Sembcorp Industries - Chart wise, bear mode! Likely to see further weakness! Breaking down of 5 dollars she may continue to go down to test 4.80 than 4.45. Do take note!

 Sembcorp Industries  - Chart wise,  bear mode! Likely to see further weakness! Breaking down of 5 dollars she may continue to go down to test 4.80 than 4.45. Do take note!



Next support is at 4.17 and 4.00.

Recent FY results is good! Net profit is up 11% to 942m.




Final dividend of 8 cents.

Yearly dividend is 13 cents.

Yield is about 2.6% at 5.09. 

Pls dyodd.

UOL - 2nd Half Net profit is down 12 per cent to S$145.5 million, from S$164.5 million in the year-ago period. FY net profit is up 373 percent to 572m due to divesment gain from the sales of Parkroyal. The company proposed a Final dividend of 15 cents plus special dividend of 5 cents!

 UOL - 2nd Half Net profit is down 12 per cent to S$145.5 million, from S$164.5 million in the year-ago period.  FY net profit is up 373 percent to 572.7m due to divesment gain from the sales of Parkroyal. The company proposed a Final dividend of 15 cents plus special dividend of 5 cents! 

XD 2nd May.

Pay date 15 May. 



Chart wise,  bearish mode!

She is approaching near the support level at about 5.60. I think looks like a good pivot entry point for a swing strategy! 

NAV 13+.

EPs 0.83.

PE 6.5x. 

Dividend yield is about 3.5% inclusive of special dividend. 

Do take note that it was taken out of MSCI Singapore effective 1 March.

Pls dyodd. 



Friday, March 1, 2024

AEM - I think market is showing us the best situation facing this counter with the share price keep falling lower especially with the recent short fall of inventory and court case . Very weak and we may see further selling down pressure! Dont go against your friend! Dont trade because itchas fallen from 3+ to 2.20+. Lack of catalyst to see any further progress for the moment! Pls dyodd.

AEM - I think market is showing us the best situation facing this counter with the share price keep falling lower especially with the recent short fall of inventory and court case and FY results is substantially down from Met Profit to booked a Net Loss of 1.164m . Very weak and we may see further selling down pressure! Dont go against your friend! Dont trade because it has fallen off from 3+ to 2.20+. Lack of catalyst to see any further progress for the moment! Pls dyodd. 




Short term wise,  I think likely to go down to test 2.09 than 2.00. Breaking down of 2.00 she may likely slide down further towards 1.62 and below.

NAV is about 1.51.

No Final dividend declared. 

Pls dyodd. 


 . Earnings were dismay, with FY2023 net loss at $1.164m vs net profit of $127m year ago. FY2023 revenue fell 44.7% to S$481.3M and PBT excluding exceptional items was S$38.3m. The exceptional items mainly relate to the Group's decision to take up the full impact of the US$20m (S$26.7m) settlement of the confidential arbitration in FY2023.