Showing posts with label daily sgx stocks update. Show all posts
Showing posts with label daily sgx stocks update. Show all posts

Saturday, 22 September 2018

Singtel is the favorite choice of Singapore Stocks Investor

In the survey of best stocks for investment on a stock forum website. Singtel has got most the votes when we asked people to choose best stocks investment for next 5 years.

Singtel is choice of 47% person involved in the poll as compared to ThaiBev, CapitaLand, OCBC Bank, and Genting Sing

You can read about the poll in detail on this link



Wednesday, 1 August 2018

SATS Ltd’s Latest Quarterly Results - Positives & Negatives

Singapore - SATS Ltd is an SGX listed company which is specialized in providing food solutions and gateway services solutions. SATS caters to the needs of the aviation sector and a host of other businesses in hospitality, food, healthcare, freight, and logistics industries besides the governments. With an experience over 70 years and a growing regional presence, SATS is poised for a new phase of growth, creating value for our customers, partners, and shareholders, in Singapore and beyond also a good share investment.




SATS Ltd
SATS Ltd’s Latest Quarterly Results - Positives & Negatives


Recently the company disclosed it's latest quarterly results for the year ending 31 March 2019. There are some positive and some negative of its quarterly results that investors should know, let's talk about the positive and negatives of the SATS Ltd.


The quarterly results of the SATS Ltd

Below image shows the consolidated income statement from SATS for the principal quarter of FY18/19- 

SATS’ Results Presentation
Source - SATS’ Results Presentation
In general, we see that the two sales and profit after tax and minority interest (PATMI) were superior to those of a similar period a year ago.

The positives of the SATS Ltd - 

Let's take a look at the revenue of the company the Food Solutions revenue increased 2.7% multi-year to S$239.5 million and the Gateway Services revenue increased by 3.4% multi-year to S$199.6 million.

The operating expenditure of this stock investment increased at a slower rate as compared to the revenue of the company which caused the expansion of the operating margin to 14.8% from 12.5% in this quarter.

The free cash flow for the quarter was S$72.3 million, up from S$27.7 million in the same period last year, mainly due to the higher operating cash flow.

The balance sheet of the SATS Ltd's remained strong with cash and short-term deposits of S$439.7 million and debt of S$106.1 million, as at 30 June 2018.


The negatives of the SATS Ltd -

There is just a single negative point that investors should know from the most recent quarterly results, which is the weaker execution in SATS' partners and joint ventures. Partners and joint ventures benefit after assessment commitment declined hardly by 1.3% to S$15.3 million. The fall was chiefly because of weaker execution from Gateway Services, where benefit after assessment descended by 8.3% to S$11.1 million.


Trading Tips
Trading Tips


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Wednesday, 27 June 2018

Singapore Stocks to Watch - Viking Offshore & Marine, Ryobi Kiso, No Signboard, Asiatravel.com

SINGAPORE STOCK BLOG

The accompanying stocks made declarations after the Singapore stock market shut on June 26, which could influence the stock investment trading. These stocks are to be kept in the watchlist as these are Singapore's best stock picks. 

Viking Offshore and Marine- Keppel Offshore and Marine has suspended business with Marshal Systems, a unit of Viking Offshore and Marine after another unit of the last started lawful procedures against Keppel Singmarine, Viking Offshore, and Marine said in a Singapore Exchange (SGX) recording on Tuesday secondary selling close. Viking Offshore and Marine said that it gave composed notice to do as such close by May 28. 


Singapore Stocks to Watch - Viking Offshore & Marine, Ryobi Kiso, No Signboard, Asiatravel.com


Ryobi Kiso- Ground building arrangements firm Ryobi Kiso's auxiliary Ryobi Kiso (S) Pte Ltd has not possessed the capacity to meet reimbursement commitments to "certain bank loan specialists" and is in the break of the comparing keeping money offices, the firm reported on Wednesday in a trade recording. Thus, Ryobi Kiso has asked for an intentional suspension of its mainboard-recorded offers and has named PricewaterhouseCoopers (PwC) as a free monetary counsel to aid the issue.

Asiatravel.com- Asiatravel.com Holdings' online travel reservations unit is the next stock recommendation to watch as this organization is confronting a claim by a provider of lodging rooms that is guaranteeing $430,208.40 in addition to premium, costs and different requests, the organization reported on Wednesday before the market opened. The provider, YTC Hotels, recorded a writ of summons and explanation of claim on June 14 against Asiatravel.com auxiliary AT Reservation Network. YTC Hotels' claim identifies with lodging rooms at Peninsula. Excelsior Hotel gave by YTC Hotels to AT Reservation between Jan 14, 2018, and May 30, 2018. 

No Signboard Holdings- No Signboard Holdings, this equity pick is propelling a chain of drive-thru food outlets that serve vendor sustenance themed burgers, wraps, and buns, the eatery network declared on Wednesday. The "Vendor" brand will dispatch through entirely possessed auxiliary Hawker QSR Pte Ltd, beforehand known as NSB Quick Service Restaurants Pte Ltd. The gathering evaluated setup expenses of around $0.5 million for every outlet, and the wander will be at first 20 percent supported by No Signboard's IPO (first sale of stock) continues, and 80 percent through bank credits.






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Friday, 15 June 2018

Stocks to watch - China Everbright Water, Envictus International, Keppel, Tritech

The accompanying stocks made declarations after the Singapore stock market shut on June 13, Wednesday, which could influence the trading. These stocks are to be kept in the watchlist as these are Singapore's best stock picks


China Everbright Water- China Everbright Water has consented to an arrangement to acquire engineering design firm Xuzhou Municipal Engineering Design Institute in China's Jiangsu region, for a money thought of 82 million yuan ($17.10 million). China Everbright Water official executive and CEO An Xuesong said the foundation will supplement the organization's abilities in city building outline. "Moreover, by having its own civil outline foundation, the organization will upgrade the effectiveness of its building configuration works while diminishing the applicable costs," said Mr. An. "With this new stage, the organization will likewise have the capacity to attempt configuration ventures identifying with water administrations to make another wellspring of benefit development." The foundation is the main national grade-A municipal outline establishment in the Huaihai economic zone.

Stocks to watch - China Everbright Water, Envictus International, Keppel, Tritech
Stocks to watch - China Everbright Water, Envictus International, Keppel, Tritech


Envictus International- Next stock recommendation PT Quick Service Restaurant, subsidiary of Food and beverages group Envictus International, has entered an agreement with United State-based franchiser Cajun Global to develop 80 Texas Chicken franchises only for regions in West Java, Jakarta, Banten, Lampung, South Sumatra and Bengkulu in Indonesia for a long time of 10 years through 2027.

Keppel Offshore and Marine- Keppel Offshore and Marine has conveyed a second raise boring apparatus to Borr Drilling. Conveyance of the raise named Skald came a large portion of multi-year after that of Borr Drilling's apparatus, Saga. Skald and Saga are initial two of five Super B Class jack-ups Transocean has authorized to Keppel Fels for development at U$1.1 billion. It's a stock tip to keep it in the watchlist additionally, Borr Drilling assumed control over the apparatus development contracts from Transocean in 2013 of every an exchange that esteemed each raise at U$216 million, not very a long way from the first cost of U$219 million.

Tritech Group- Tritech Engineering and Testing (Singapore) subsidiary of Tritech Group has been granted a $4.6 million contract by Changi Airport Group for the arrangement of soil examination administrations at Changi Airport Terminal 5, the group said in an administrative documenting on Wednesday night. The beginning date for services is June 18, with consummation on April 17, 2020. Tritech Group is today's last equity pick.


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Tuesday, 12 June 2018

Singapore stocks to watch -Nippecraft, Hyflux, Imperium Crown

Below featured stocks are Singapore's best stock picks. These companies are developing and their progress keeps going, so it is a good opportunity for the investors to earn the profit and to buy it now

Nippecraft- The paper items producer said in a recording on Tuesday before advertise openly that it will be taken off Singapore Exchange's (SGX) watch list from Wednesday. Nippecraft said that it had gotten an on a basic level endorsement for its expulsion from the rundown on Monday. On Wednesday, it will likewise exchange to the Catalist board from the mainboard and its offers will start exchanging at 9 am. So it can be good share investment option for the traders. Nippecraft was put on the watch list four years prior on March 5, 2014 - for posting three straight long stretches of misfortunes and having a market top that fell underneath $40 million.

 
Singapore stocks to watch -Nippecraft, Hyflux, Imperium Crown
Singapore stocks to watch -Nippecraft, Hyflux, Imperium Crown


Hyflux- Hyflux is the next stock recommendation to keep it in the watchlist as it said on Monday that it has been informed by the trustee for its $500 million 6 percent interminable securities that its inability to pay a month ago's coupon has brought about an occasion of default. This tranche of culprits has a first call date on May 27, 2020. A default has happened since Hyflux did not pay perpetrator holders a coupon a month ago, picking rather begin an obligation rebuilding process. Since a default has happened, the trustee can organize procedures for Hyflux to be twisted up on the off chance that it gets the command of culprit holders to do as such. The trustee has educated Hyflux that it saves this privilege and the privileges of culprit holders in such manner. The trustee additionally said it has observed that in the perspective of Hyflux, the organization has been secured by a 30-day ban on banks' cases since May 22. Hyflux said it will keep on engaging with the ceaseless trustee. Its offers keep on being suspended on the Singapore bourse.

Imperium Crown- Next stock picks is the Catalist-recorded Imperium Crown has fused a subsidiary in China to lead the group's property advancement and property venture sections, the real estate firm declared in an administrative documenting on Monday night. As its first venture, the new backup Fei County Yin Sheng Real Estate will create two plots of land beforehand procured in Wonder Stone Park, a vacationer goal in Feixian district in Shangdong territory.

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Thursday, 7 June 2018

Singapore stocks to watch - Del Monte Pacific,Mandarin Oriental International, TTJ Holdings, Raffles Education

Below featured stocks are Singapore's stock recommendations and investors should keep these Singapore's stocks picks in their watchlist. 


Singapore stocks to watch
Singapore stocks to watch


Del Monte Pacific- Del Monte Pacific on Thursday said it would postpone the first sale of stock (IPO) of its Philippine unit, referring to unstable economic situations. It said in February that it would offer around 559.5 million offers, speaking to 20 percent of Del Monte Philippines Inc's (DMPI) current number of conventional offers. The evaluated greatest offering cost will be 29.88 pesos (S$0.76) per DMPI share. The proposed open offering will likewise bring about a one-time pick up of about US$304 million for the gathering, expecting that DMPI raises net most extreme continues of US$314 million. The counter last exchanged at S$0.19 each on Wednesday, up 1.6 percent, or 0.3 Singapore penny. 

Mandarin Oriental International- A fire broke out at London's extravagance Mandarin Oriental hotel on Wednesday, with many firefighters conveyed to handle the blast that pumped thick smoke high into the air. The 12-story lodging was cleared and swarms rapidly developed outside of around 120 firefighters and 20 fire motors handled the burst on the rooftop. Singapore-recorded Mandarin Oriental International said on Thursday before Singapore advertise opened that the fire had been doused and there were no setbacks. The organization will give a refresh to investors in it's between time comes about an explanation to be distributed toward the finish of July. Mandarin Oriental offers shut at US$2.49 (S$3.32) on Wednesday on the Singapore Exchange.

TTJ Holdings- For the next share investment ,  TTJ Holdings can be the best option as the organization on Wednesday posted a net benefit of S$3.05 million for the second from last quarter, up 27 percent from a similar period a year sooner. Income in the three months to April 30 was S$28.66 million, up 71 percent from a similar period a year sooner, basically contributed by the auxiliary steel business. It additionally works a littler residence business. Profit per share was 0.87 Singapore penny, up from 0.69 Singapore penny for the second from last quarter a year ago. TTJ shares shut unaltered at S$0.34 on Wednesday before the outcomes were discharged. 

Wagers Education- An A$82 million (S$83.5 million) bargain Raffles Education went into on April 16 with Australia's Propertylink for the offer of a six-story business working in Parramatta in New South Wales hosts fallen through as the two gatherings were not able to achieve an assertion over the terms of the deal. The said property is being rented out to Raffles Education's backup, Raffles College. Wagers Education shares shut S$0.001 or 0.6 percent bring down at S$0.178 on Wednesday before the declaration. 

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Monday, 4 June 2018

Top 4 Singapore stocks to watch-CapitaLand, Rex International, Mary Chia Holdings, Vard Holdings

Singapore: The following featured stocks are the best stock picks of Singapore. Investors should keep an eye on them to get high returns as the following companies having developments and these shares are likely to pay a high rate of profit.


Singapore stocks to watch

CapitaLand: Yesterday the organization declared that the president and group chief executive of  CapitaLand will resign on Dec 31. Mr. Lim Ming Yan, joined the firm in 1996, assuming control over the two senior parts on Jan 1, 2013. The 55-year-old, who joined CapitaLand in 1996, had pulled out to the organization's leading group of his goal to resign. The board has acknowledged his abdication. 

Rex International: Mostly known as an innovation oil firm, Rex International plans to initiate its creation limit as an additional income generator in several years. Balancing out oil costs could fill in as a shelter for such desires. The administration of the Catalyst-recorded firm is betting on this arrangement combined with the advertising of its Rex Virtual Drilling seismic information examination innovation to help pivot the firm that has been in the red for five straight years. 

Vard Holdings: Shipbuilder Vard Holdings on Monday posted its 2018 financial first-quarter net misfortune that broadened from the earlier year-prior quarter. Net misfortune for the three months finished March 31, 2018, remained at 109 million Norwegian krone (S$17.8 million), contrasted with 25 million krone a similar period a year back. This meant a misfortune for each offer of 0.09 krone, contrasted with a misfortune for every offer of 0.02 krone. 

Mary Chia Holdings: Mary Chia on Monday said the Singapore Exchange Securities Trading has conceded it an extra expansion of time to report its outcomes and direct its yearly broad gathering (AGM) for the financial year 2018.

Friday, 1 June 2018

Singapore stocks to buy now - Enviro-Hub Holdings,Sunpower Group, Perennial Real Estate Holdings

Singapore stocks opened 0.3 for every penny bring down on Friday (June 1), with the Straits Times Index withdrawing 8.93 focuses to 3,419.25 as at the opening time. 

Below mentioned stocks are today's featured Singapore stocks that investors should keep an eye on them and buy now to gain the opportunity.


Singapore trading stocks 



Enviro-Hub Holdings- Enviro-Hub documented a notice of three back to back years' misfortunes on Thursday, after budgetary outcomes for the year to Dec 31, 2017, saw the organization go into the red. The organization, which has an assorted portfolio that incorporates reusing and refining of metals, property ventures and administration, and plastics to fuel refining, said that it was justified regardless of a normal of S$42.14 million more than a half year as at May 31, over SGX's S$40 million watch list limit.


Sunpower Group- Sunpower has secured a 105.2 million yuan (S$22 million) contract with Xinjiang Xinte, its second with the auxiliary of TBEA Pte Ltd inside a month. This carries Sunpower's agreement esteem with Xinjiang Xinte to 185.2 million yuan.


Perennial Real Estate Holdings- Mainboard-recorded Perennial Real Estate Holdings on Thursday night said its entirely possessed backup Perennial SL has obtained Sanctuary City Pte Ltd from an irrelevant gathering for US$15.6 million. With the deal, Perennial will hold Sanctuary City's 60 percent stake in PT Bhakti Bangun Harmoni (BBH), of which the last entirely claims a 246,982 square meter arrive allocate extensive scale ace arranged township Sentul City, in the more noteworthy Jakarta zone.


Monday, 28 May 2018

Singapore stocks to watch - AEM, Mencast, Sembcorp Industries


Below, I'll feature these best stock picks of Singapore which are proceeded with geopolitical vulnerabilities, speculators could pay special mind to some positive leads among Singapore corporates on Monday, May 28.

Add these Singapore stocks to your watchlist.

Stocks to watch
Stocks to watch

AEM Holdings: AEM gave a report on Saturday on the claims in China looked by its entirely possessed auxiliary AEM Microtronics (Suzhou) Co (AMSZ), saying the Suzhou court has passed its decision on two legitimate cases for the backup. In declarations dated Feb 2, 2016, and Feb 23, 2017, it had reported beforehand that it was stripping its plating business and its whole shareholding enthusiasm for AEM (Suzhou) Co (ASZ) to Yunyi Electric Co, for 6.63 million yuan (S$1.39 million). It went ahead to set up another backup to assume control over the non-plating business of ASZ, as this part of the business was not obtained by Yunyi. This new backup was shaped as AMSZ. Yunyi and the gathering at that point exchanged the benefits and liabilities of the non-plating business of ASZ to the recently framed AMSZ. Be that as it may, ASZ, later on, asserted one million yuan for non-installment of property, plant, and hardware exchanged from ASZ to AMSZ, and 2.7 million yuan in compensations and buys which ASZ made installment for AMSZ.


Mencast: Mencast official director and CEO Glenndle Sim revealed to The Business Times in a meeting that it has plans to discharge arrive used to store stock, strip existing properties and produce money to pare down credits. The Mencast CEO has been changing the support, repair, and upgrade centered (MRO-centered) business. In the second 50% of this current year, Mencast and its accomplice, HTC Asia, hope to reveal their first MRO activities to be performed utilizing an advanced twin innovation that Mencast has hatched since February 2017.

Sembcorp Industries: Sembcorp Industries said before money markets opened on Monday that it has employed Contact Energy (CFO) Graham Cockroft to be its new gathering CFO with impact from Sept 3, 2018. Sembcorp's present CFO, Koh Chiap Khiong, has proceeded onward to head the gathering's utility business in Singapore, South-east Asia, and China inside Sembcorp's Senior Leadership Council. Mr. Koh has additionally been named boss change officer for the gathering.

Friday, 25 May 2018

Singapore stocks to watch -Bukit Sembawang Estates, RHT Health Trust, Singapore Shipping Corp, SingHaiyi,


Below, I'll feature these best stock picks of Singapore which are profit payers that you should add these Singapore stocks to your watchlist.


SGX Stock picks
SGX Stock picks


Bukit Sembawang Estates: Property engineer Bukit Sembawang Estates revealed a generous increment in quarterly net salary on Thursday, as it perceived higher benefits from its improvement ventures. Net benefit after duty expanded to $21.5 million in the final quarter finished March 31, from $2.3 million the prior year. EPS came in at 8.3 pennies, from 0.87 pence a year ago. In the interim, income dramatically increased to $32.8 million in Q4 FY18. The organization has pronounced the last profit of four pennies for every offer, and an extraordinary profit of 14 pennies for every offer for FY18. The counter shut at $6.17 each on Thursday, up 0.5 for every penny.

RHT Health Trust: RHT Health Trust recorded 5.4 for each penny bring down circulation per unit to 1.06 Singapore pennies for its monetary final quarter from a year prior. Add up to distributable salary for Q4 2018 was $8.6 million contrasted with $9.05 million a year ago. This was because of an expansion in borrowings and an expansion in loan fees, which prompted higher intrigue costs, RHT said. Income for the quarter was up 2.5 for each penny to $23.13 million. The counter finished exchanging at 78.5 pennies on Thursday, down 0.63 for each penny.

Singapore Shipping Corp (SSC): Listed shipowner and chief SSC posted a 59.5 for every penny increment in final quarter net benefit to U$2.57 million on higher income and working benefit. EPS were 0.6 US penny for the quarter finished March 31, contrasted with 0.4 pence for the year-back period. Final quarter income was 10.4 for every penny higher at U$11.36 million, fundamentally on higher business volume from the organization and coordination portion. SSC shut down at 28 pennies on Thursday, down 0.5 pence.

SingHaiyi Group: The higher cost of offers and the nonattendance of a coincidental pick up in the past period scratched land organization SingHaiyi's financial final quarter benefit, which fell 70.7 for each penny to $6.5 million from a year prior. Profit per share (EPS) were down to 0.21 penny from 0.77 pence. SingHaiyi's board has proclaimed the last profit of 0.3 pence. Income for Q4 rose to $27.51 million contrasted with $8.19 million in the former year. The counter shut down at 9.6 pennies on Thursday, up 1.05 for every penny.


Wednesday, 23 May 2018

Three stocks to watch : Hyflux, Samurai 2K Aerosol, The Hour Glass

Below are the stocks that should keep on your watchlist as they are seeing new developments and are likely to increase. Check out the stocks now -


Stocks to watch
Stocks to watch



Hyflux :


Hyflux on Wednesday required a suspension of exchanging every one of its offers and inclination shares, or ceaseless securities. Exchanging these securities had been ended since Monday. The exceedingly utilized water venture engineer said on Tuesday it had connected to the Singapore High Court to begin the revamping of its liabilities and organizations. The counter last exchanged at $0.21 each.


Samurai 2K Aerosol: 


Catalist-recorded Samurai 2K Aerosol on Tuesday said it expects "essentially higher" income and benefit for financial 2018 because of more grounded interest for its airborne paint items contrasted with a year ago. Declaring its benefit direction, the organization included it is still during the time spent settling its unaudited financial 2018 outcomes, which will be discharged at the very latest May 30, 2018. The counter finished exchanging on Tuesday at $1.47, up 2.08 percent or $0.03.



The Hour Glass: 


The extravagance watch retailer booked generally a level benefit for the full 2018 monetary year, in spite of an irregular movement cost pegged to its Australia tasks. Benefit inferable from proprietors for the year finished March 31 crawled up 2 for every penny to $49.82 million from $49.7 million the prior year, on the back of a one for each penny slip in income to $691.65. Income per share rose to 7.07 pennies from 6.91 pennies a year ago. The board has pronounced the last profit of two pennies for each offer for monetary 2018, subject to endorsement at its July 30 yearly broad gathering. The counter finished unaltered at $0.655 as at Tuesday's nearby, before it reported its income.



Tuesday, 22 May 2018

Singapore shares open marginally higher but closed at 3,543.18

SINGAPORE - Singapore stocks crawled somewhat higher on Tuesday with the Straits Times Index rising 2.17 focuses, or 0.1 for every penny to 3,550.4 as at the opening time.



SGX (Singapore Exchange)
SGX (Singapore Exchange)


Today's Stock trading Singapore is as :

This came as US stocks fashioned higher overnight on the back of an exchange war ceasefire amongst China and the US.

On the Singapore bourse, gainers dwarfed failures 80 to 40, after around 46.5 million offers worth $59.6 million changed hands.

The most effectively exchanged counter by volume was Magnus Energy, which was level at 0.1 Singapore penny, with 13 million offers exchanged.

Other dynamic file stocks included DBS which rose 0.3 for every penny to $29.50; and Singtel which fell 0.3 for every penny to $3.40.

However, the Singapore stocks opened marginally higher, Strait Times Index closed down to 3,543.18 from 3,550.4. 

Wednesday, 25 October 2017

Good time to BUY Wing Tai Holdings Ltd

  • 1QFY18 results in line
  • In net cash position
  • FV estimate increased to S$2.77

1QFY18 PATMI up YoY From S$1.1m to S$8.2m

http://www.mmfsolutions.sg

Wing Tai’s 1QFY18 PATMI increased from S$1.1m to S$8.2m YoY mainly due to contributions from Le Nouvel Ardmore, Le Nouvel KLCC as well as disposal gains on the Huai Hai project in Shanghai. In addition, we also saw the group’s share of profits of associated and joint venture companies increased 17% YoY to S$6.7m given higher contributions from Wing Tai Properties Ltd in Hong Kong.

In terms of the topline, however, 1QFY18 revenues decreased 4% YoY to S$67.1m as the group recorded lower homes sales over the quarter. Overall, we judge 1QFY18 results to be broadly within expectations.

Fair Value Estimate Increased to S$2.77; Maintain BUY

To recap, in Aug 2017, the group together with Keppel Land acquired through a government land sales tender a 99-year leasehold residential site in Serangoon North Ave 1. The site, which has a gross floor area of 462,561 square feet in the Serangoon Gardens area, will be redeveloped into a new condominium development with over 600 homes.
As at end Sep 2017, Wing Tai continues to sit on a strong balance sheet in a net cash position with over S$1,011m in cash and equivalents. We now forecast for Singapore home prices to appreciate 1% in 2017 and 3% to 8% in 2018 and, given the group’s ample dry powder, we believe that Wing Tai is well positioned to benefit from the turnaround in the domestic housing sector.

Notwithstanding a 46% share price appreciation over the year to date, we see the group’s current price to be relatively undemanding at 0.57x price-to-book. After updating our valuation model with our latest assumptions and firmer average selling prices, our fair value estimate increases from S$2.37 to S$2.77. Maintain BUY.

Monday, 16 October 2017

Singapore Market review of the day

SINGAPORE - After two weeks of solid gains in the stock market that sent the benchmark Straits Times Index (STI) up by nearly 100 points or 3.1 per cent to breach through the 3,300 level, what are the odds of a third week of gain?

Pretty good, analysts reckon, citing Singapore's strong economic footing and the relative underperformance of its Singapore Stock market against regional peers.

The Trade and Industry Ministry's advance estimates last Friday showed that the economy expanded 4.6 per cent - its fastest pace in more than three years - in the third quarter, buoyed by the surging manufacturing sector.

This beat economist forecasts of 3.8 per cent growth, and was also the fastest quarterly expansion since 2014.

The better-than-expected performance was lifted by a stellar showing in manufacturing, which surged 15.5 per cent year on year.

The sector makes up a fifth of the economy.

Services - which makes up two-thirds of the gross domestic product (GDP) and employs the bulk of workers - grew 2.6 per cent.

Bolstering the good share Investment news on the same day was a decision by the central bank to keep its exchange rate policy stance unchanged.

This means keeping the Singapore dollar band on a path of zero appreciation against the currencies of key trading partners.

This will be welcomed by local exporters who see a dearer Singapore dollar as being unhelpful in pricing their products competitively in the global market.

The Monetary Authority of Singapore uses the exchange rate as its main monetary policy tool to strike a balance between inflation from overseas and economic growth.

"Upbeat GDP readings and MAS policy decision sent the STI to its highest level in more than two months... STI has finished its two-month consolidation and is gaining upward momentum ahead of third-quarter earnings season," said CMC Markets Singapore analyst Margaret Yang.

She noted that the local index had underperformed regional peers over the last two months, with its performance lagging behind major indices S&P and Hang Seng.

The STI ended last week up 0.8 per cent at 3,319.11, a key level that Ms Yang has noted.

"3,300 point is a psychological and technical resistance level for the STI. Breaking out above this critical point will pave way for more upside towards the previous highs of 3,354 points."

With the results season kicking in, good corporate earnings will help to boost confidence and attract more liquidity into Singapore, she added.

DBS Group Research noted that corporate earnings growth in Singapore is recovering after two years of negative growth in 2015 and 2016.

It believes earnings growth should continue to be healthy, driven by a decent economic recovery with upside risk.

"We believe STI could attempt to hit 3,500 by end-2018, representing around 10 per cent total return inclusive of dividends."

The Keppel group of companies will report their third quarter results this week, starting with Keppel DC Reit and Keppel Infrastructure Trust on Monday and ending with Keppel Corporation on Thursday.

This week and next appear to be a popular reporting period among the Reits, with no fewer than 19 indicating that they will release their results.

Singapore Property stocks, which have enjoyed a surge of price and volume, are likely to remain in play.

The release on Oct 16 of new private home sales for September may give further fillip to the share price of developers if the sales figures are as strong as the spate of collective sales that have hit the market.

Last Friday, City Developments closed at $12.66, its highest level in nearly five years while UOL ended at a record $8.89.

Both companies snared a residential site each in the sought after East Coast area through collective sales recently.

Singapore Stocks To Watch

  • AEM
  • ALLIANCE MINERAL
  • COMPACT METAL
  • ROWSLEY
  • THAIBEV
So Earn more With our Stock Recommendations

Recent Stock Recommendations

SGX:Buy ALLIANCE MINERAL || Level 0.360|| Cut Profit @ 0.395 || Return 9.72%
KLSE:Buy DNONCE || Level 0.405 || Cut Profit @ 0.440 || Return 8.64% 


Saturday, 14 October 2017

How to Pick best dividend stocks Singapore

As investors, we all love dividends. Other than the thrill of seeing a stock you own rise higher and higher in the Malaysia / Singapore stock market, receiving passive dividend income from your investments every year is something we all look forward to.



How to Pick best dividend stocks Singapore www.mmfsolutions.sg
So if you’re more of an income investor and looking to invest for dividends, your stock portfolio will be markedly different from someone who’s investing for high growth and capital gain. The stocks that will give good, consistent dividends may not necessarily be the kind that will grow by 20-50% a year and vice versa.

So if you investing for dividends, you have to invest accordingly and only pick the best stocks that will give the passive dividend income you want. The question is: How?

So if you’re slightly lost and looking for some direction, here are 7 quick steps to help you pick the best dividend stocks around: 


1 .Look for Mid-Large Cap Stocks


The best dividend stocks are usually large, mature companies with stable revenue, profits and cash flow. These companies have little growth left in them. Because these companies are no longer expanding aggressively, the majority of their earnings can be returned to shareholders as dividends.

On the other hand, a smaller, high-growth company needs more cash and resources to grow and expand its business, leaving less money to pay shareholders dividends (if any).

2 .Dividend Payout Ratio is 50% or More


If a company is large, stable and isn’t seeking to grow aggressively any more, then the majority of the profits it makes should be returned to shareholders. So look for a company with a dividend payout ratio of at least 50% or more. For example, Nestlé (Malaysia) returns over 90% of its earnings to shareholders as dividends.

If a company has a low payout ratio, ask yourself why the company is holding on to the cash. Unless they have a good reason to do so or have a way to generate exceptional returns for shareholders, the majority of profits should be paid out as dividends.


3 .Track Record of Paying Consistent Dividends


The company should have a long and stable track record of paying consistent/growing dividends to shareholders. No point if a company is large and successful and has profits to distribute as dividends, but chooses to pay them out inconsistently.

Check to see a company pay a consistently growing dividend over the last 5-10 years. This shows that as the company grows more and more successful, the management is also willing to share the fruits of its labour with its shareholders.

4 .Company’s Fundamentals Must Be Sustainable


Many dividend investors tend to ignore the overall aspects of a company’s fundamentals. They choose to focus primarily on the amount of dividends they can receive. This is wrong. While dividend yield is obviously important for someone seeking dividends, it is also important to consider the overall health of the company.

A company with deteriorating fundamentals (e.g. falling revenue, profits, cash flow, fading economic moat, etc.) cannot sustain its dividend payout in the long term. The less revenue and profit it makes, the less dividends it can pay.

Over time, a company with falling revenues and profits will see its stock price fall when investors realize that the company is no longer performing. This fall in value will eat into any dividend gains you might have had at the start – leaving you back at square one.

So always make sure the dividend company you want to invest in will remain fundamentally strong and robust for many years to come.

5 .Company has Low CAPEX


As a dividend investor, you prefer to invest in a company with low capital expenditure (CAPEX). A company with high CAPEX means that it has to continually reinvest its profits in maintaining its business operations, leaving less to distribute as dividends.

For example, airlines have very high CAPEX as they need to continually maintain their aircraft and upgrade them to newer models after a certain amount of years.

So look for a company that’s able to maintain/grow its business with minimal CAPEX.

If you want help, you can always kick start the idea by downloading our watchlist of dividend paying stocks below:

6 .Company has Stable Free Cash Flow


Ultimately, a company must have real cash (not just profits) to be able to pay dividends to its shareholders. Even if a company is profitable but has negative or inconsistent free cash flow, it will have trouble paying stable dividends.

A smaller company that is seeking to grow might have negative free cash flow as it expands its business. But a large, stable company that dominates its industry should be producing high amounts of free cash flow year after year.

7 .Yield Must Beat Risk-Free Rate


The dividend yield you receive should beat the risk-free rate of the country you reside in. The risk-free rate is the lowest return you can theoretically get “risk-free”over a period of time.

In the US, if you plan to invest your money for ten years, then the risk-free rate is usually based on the return of the 10-year US Treasury note which is currently around 2.30%. In Singapore, the risk-free rate is usually based on the interest your CPF special account gives you, which is 4%.

If your dividend yield can’t beat your risk-free rate, you might as well put your money with your CPF since you face less risk growing your money there compared to investing in stocks.




Get Perfect Plan for Blue Chip stocks , Intraday Trading Signals & Positional stocks Signals for SGX market

Source - fifthperson

Thursday, 12 October 2017

Investing Alert: Malaysia, Singapore stocks fall ahead of Fed meeting minutes

Mobile phone companies drag KLCI index down, DBS, ComfortDelGro decline in STI

[SINGAPORE ] [KUALA LUMPUR ] Malaysia shares fell for a second consecutive day, weighed by a decline in mobile phone operators. Singapore stocks ended lower ahead of the U.S. Federal Reserve's meeting minutes.

Investing Alert: Malaysia, Singapore stocks fall ahead of Fed meeting minutes

Investors shrugged off the positive cues from Wall Street overnight with the Dow Jones Industrial Average logging another all-time high. U.S. stocks have repeatedly reached record levels in recent sessions, buoyed by expectations of a cut in corporate taxes and upbeat manufacturing and services data.

The lackluster performance of equity markets in Malaysia and Singapore on Wednesday came ahead of the Fed releasing the minutes of its September meeting. Investors are looking for more cues on the outlook for the economy and on inflation from the document.

The FTSE Bursa Malaysia KLCI declined 0.2% to 1,757.21. DiGi.Com dropped 2%, Telekom Malaysia lost 1.1%, and Axiata Group and Maxis declined by at least 0.6% each.

The Malaysian telecommunications regulator Wednesday invited bids from carriers to buy blocks of 700 Mhz spectrum for high-speed mobile phone services. The move comes as consumers in Southeast Asia's third-largest economy, where many own more than one mobile phone, are increasingly shifting to data-heavy offerings.

Operators are expected to vie aggressively for a slice of the spectrum that could push up bid prices and subsequently pressure cash flows, said AmInvestment Bank's analyst Alex Goh. While successfully securing 700 Mhz airwaves would not increase revenue directly, "it's a race that all players have to run, so that they can provide the best service quality to users," he said.


AWC, a provider of integrated facilities management, dropped 2.5% after it agreed to mutually terminate a contract worth 130 million ringgit ($30.8 million) with the Malaysian government.

Cuscapi, a software developer, declined 3% to 0.325 ringgit after saying it planned to raise 79.80 million ringgit selling 300 million shares and 60 million warrants.

Muhibbah Engineering (M) advanced 0.7% after it won an infrastructure works order worth 168 million ringgit. Hubline, engaged in shipping services, climbed 7.1% amid speculation the company will receive new government orders from the oil & gas sector in coming months.

Oil and gas services company KNM Group advanced 1.8%. Maybank Investment Bank said in a note that the company's Peterborough, U.K. power plant project is "finally" moving along after financing had been a major stumbling block in the past.

Wednesday, 11 October 2017

Share Investment of Yoma Strategic Holdings

In the World Bank Group’s East Asia and Pacific Economic Update for October 2017, Myanmar was noted to have seen economic growth slowing to 5.9% in 2016/17 compared to 7% in 2015/16. However, economic growth is projected to recover to 6.4% in 2017/18 and average 6.9% over the medium-term.
 
Share Investment of Yoma Strategic Holdings www.mmfsolutions.sg


The report also noted that an expected bounce in agriculture activity is likely to support stronger growth in rural incomes moving forward, though productivity bottlenecks remain.
In our view, these set of forecasts should continue to support Yoma’s distribution and after-sales services for New Holland tractors. The World Bank Group also notes that consumer purchasing power in the country has also been rising. This also bodes well for Yoma’s KFC business, as the group is looking to increase its store count from 13 as of 30 Jun 2017 to 22 by the end of FY18.

Maintain HOLD with an unchanged fair value estimate of SS$0.58.

 

Thursday, 5 October 2017

Catch once REITs Share Investment

The price performance of Hospitality REITS during the past 1 year have been nothing short of incredible.

These REITS typically own and manage hotels, that are hand-picked for their prime location within major cities, in countries like Singapore, Melbourne and London. A good management helps to ensure a steady stream of repeat bookings from business and leisure travelers, and high occupancy rates allow for a steady stream of dividends that the REITs are able to distribute to unitholders.
SGX alone is home to 5 REIT listings that derive more than 60% of their rental income from hospitality real estate assets.

These 5 REITs have witnessed on average a 15% gain in share price alone. Coupled with average annual dividend yield of 5% to 6.6%, investors would have reaped a total of 20% gains on invested capital over the past 1 year.

Frasers Hospitality Trust


Frasers Hospitality Trust is one of the hospitality REITs contributing to the overall vibrancy of the Singapore REIT market. It is a pure play hospitality REIT with a service residence portfolio, and is globally diversified with 15 properties in 9 cities. Intercontinental Singapore is one of its local holdings, with Sofitel Sidney Wentworth and Park International London as part of its overseas hospitality assets. Its Q1 2017 DPS came 4.2% in lower as compared to previous corresponding quarter due to a rights issue which increased the number of units outstanding. Its growth engine is in full force from the recent acquisition of Novotel Melbourne and Maritim Hotel Dresden and investors can look to stronger performance recovery from its Singapore and Japan assets. It is currently offering the highest yield among all hospitality REITs at 6.6% per annum.
 

Ascendas Hospitality Trust

Ascendas Hospitality Trust is another global REIT with prime assets scattered over top cities such as Sydney, Melbourne, Beijing, Tokyo and Singapore. Most hotels owned by the REIT are located in Australia and are mid-grade hotels: Pullman and Mercure and Novotel Sydney. Diversification is the REITs key strategy to deliver strong unit-holder returns. Its share price has risen nearly 20% from the start of the year. Should its Australian hotel property suffer a drop in occupancy levels as a whole, the REIT could look to other regions such as its China and Singapore portfolio to deliver returns. Another attractive feature is that Ascendas Hospitality REIT owns 3 and 4 star hotel properties which give higher operating margins as compared to higher end hotels.
 
Read More- Which Singapore Stocks are Trending of This Week?

Far East Hospitality Trust

Far East Hospitality Trust has been going strong as well for the past 1 year. Investors looking for a localised REIT can look to this Singapore focused REIT where all its hotel portfolios are primarily located in the major shopping district of Singapore, such as Orchard Parade, The Elizabeth Hotel and The Quincy Hotel. Its Q2 2017 financials were weak as DPS recorded a decrease of 4% but investors should look past quarter on quarter fluctuations and project expected returns beyond 5 years. Its 6.19% annual yield still gives investors decent returns on investment and Singapore’s resilience in attracting global tourists and business traveller should bode well for this REIT.
 

CDL Hospitality Trust


For investors looking for exposure in the global tourism sector, CDL Hospitality Trust is the REIT that should fall under the investors’ radar. Its property portfolios are scattered all over the world in major cities from Tokyo to Perth with huge tourist arrivals business travellers every single year. CDL HTrust provides excellent geographical diversification, backed by world class hotels run by solid management team. Its Singapore portfolio makes up 58% of total property portfolio, with the remaining 42% strategically located in other major cities. It is always on the hunt for quality hospitality assets with the latest being the acquisition of The Lowry Hotel in Manchester. Its track record is backed by an attractive dividend yield of 5.95% per annum, making it one of the best REITs in Singapore. Its performance over the past year has been good as well, delivering nearly 20% gains in unit price alone.
 

OUE Hospitality Trust


OUE Hospitality Trust would also make an interesting REIT investment should investors want a Singapore pure play hospitality REIT, similar to Far East Hospitality Trust. Its property portfolio comprises 5 star hotels namely Crowne Plaza and Mandarin Orchard. Its dividend yield is one of the highest offered at 6.2%. Singapore tourist arrivals had been on a steady uptrend over the many years up till 2016 with the Singapore government constantly seeking new inputs to attract tourist dollars. The hotels are upscale hotels catering to well-heeled tourist whom are less price sensitive and values great top notch hospitality hotel service. OUE Hospitality is well positioned to reap solid occupancy from these tourist segments.
Source - ZUU online SG

Sunday, 1 October 2017

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