Shipbuilder Yangzijiang Shipbuilding Holdings Ltd (SGX: BS6) was the biggest loser for the week among the Straits Times Index‘s (SGX: ^STI) 30 constituents. Yangzijiang’s share price sunk 7.1% to S$1.18, compared to the index’s 0.2% dip to 3,062. In all, 15 companies in the Straits Times Index ended the week with a lower share price, while 13 made gains and two had share prices that remain unchanged. A week ago, Yangzijiang announced that it had entered into a joint venture with Japanese shipbuilders, Mitsui E&S Shipbuilding Co Ltd and Mitsui & Co Ltd, to establish a shipbuilding company in China. Yangzijiang will own a 51% stake in the joint venture, which will produce commercial vessels out of the Taicang yard in Jiangsu, China, from April next year. The second

A year ago, Phillip Capital Management, along with Lion Global Investors, launched the Lion-Phillip S-REIT ETF. The ETF aimed to give investors a way to invest in a diversified basket of Singapore REITs (S-REITs) which paid a steady stream of distributions. (At the moment, the average distribution yield for S-REITs is 6.8%.) The ETF was met with a largely positive response from the market – Lion Global Investors and Phillip Capital Management initially aimed to raise S$40-50 million but exceeded their target when the fund raised over S$100 million last October. Capitalizing on the Singapore market’s appetite for yield, Phillip Capital Management has now launched the Phillip SING Income ETF. The initial offer period for the ETF will close at 11:00 a.m. on 19 October 2018 before its list

If you like having a regular dividend in your pocket, consider real estate investment trusts (REITs). Thankfully, Singapore is home to some of the region’s largest and most established REITs. Each REIT has a specific investment mandate, and specialises in investing in certain classes of real estate. One of the largest REIT categories is retail, which boasts 11 retail REITs worth a total market capitalisation of about S$25 billion listed in Singapore. Here are three key things investors should know about retail REITs in Singapore. Singapore-focused retail REITs have outperformed the broader market so far this year According to an article by Singapore Exchange Limited (SGX: S68), four SGX-listed retail S-REITs – namely CapitaLand Mall Trust (SGX: C38U), Mapletree Commercial Trust

CapitaLand Mall Trust (SGX: C38U) is the first real estate investment trust (REIT) listed in Singapore. It is also the largest retail REIT by market capitalisation here. Some of the malls in its portfolio include Tampines Mall, Junction 8, and Plaza Singapura. In this article, let’s look at three things that investors should know about the REIT now. Funan – Singapore’s first O&O shopping centre Once a one-stop shop for all our IT needs, Funan DigitaLife Mall, was closed in July 2016 for redevelopment. Now renamed simply as Funan, the new mall is set to rejuvenate the retail scene. Funan, when it re-opens next year, will be Singapore’s first online-and-offline (O&O) shopping mall which integrates online, offline, data and logistics to empower retailers’ omnichannel strate

Top 30 in my portfolio: No. STOCK NAME No.of SHARES PORTFOLIO% MARKET $ 1SGX5,00011.387.372SATS4,0006.455.223UOB7476.2527.084CapitaLand Mall Tr9,0006.172.225SPH6,0005.322.876OCBC Bank1,4385.0811.447AIMSAMPI Cap Ind R10,0004.321.408Starhub7,0004.041.879Suntec Reit5,8003.461.9310Keppel Corp1,6003.446.9611CDL HTrust6,8003.361.6012FCT4,7003.302.2713SingTel3,1903.193.2414Keppel DC Reit7,4003.131.3715ParkwayLife Reit3,6003.002.7016SPH Reit8,5002.631.0017Starhill Global Reit12,0002.580.69518Mapletree Com Tr4,8002.391.6119Frasers Com Tr4,9872.251.4620CapitaLand2,0002.083.3721Frasers L&I Tr6,0001.981.0722Bukit Sembawang1,0001.785.7723Sembcorp Indust1,8001.723.0924Ascendas Reit2,0001.632.6425Keppel InfraTr9,0001.380.49526SIA Engg1,5001.372.9527Frasers Property1,8000.941.6928Cache Log T

What Happened: On 27 August 2018, CapitaLand Mall Trust (SGX:C38U) announced that it was looking to take full ownership of the Westgate shopping mall. Prior to the announcement, CapitaLand Mall Trust already had a 30% stake in Westgate. The rest of the mall is owned by the REIT’s parent, CapitaLand Limited  (SGX:C31). Then, on 26 September 2018, CapitaLand Mall Trust released more details about the announcement and also set a date for an extraordinary general meeting (EGM) for unitholders to vote on the acquisition. The EGM is scheduled to take place at 10am on 25 October 2018. If unitholders give the thumbs up, the deal is expected to be completed on 1 November 2018. So What: There are a few important things to know about the acquisition. Let’s start with CapitaLand Mall Trust’s

There are close to 750 companies in the Singapore stock market. But only a select few are important enough to be part of Singapore’s Straits Times Index (SGX: ^STI). The STI is made up from 30 of the largest listed companies on the Singapore stock market. These blue-chip companies come from a variety of industries and sectors. However, there is one family of companies which hold a greater clout on STI compared to most other companies. Let’s a closer look at CapitaLand Limited (SGX C31) in this article (data as of end of August 2018): 1. CapitaLand is the one of the largest real estate companies in Asia with assets under management (AUM) totalling a staggering S$93 billion. The property developer has built many iconic buildings around the world, including Ion Orchard in Singapore,

There are many ways to find investment ideas. Some useful ways are to screen for stocks or to look at a list of stocks near their 52-week lows to sieve out potential bargains. Studying what institutional investors have been buying or selling is another avenue. Institutional investors are typically large investment organisations, such as hedge funds, mutual funds, unit trust companies, sovereign wealth funds, insurance companies and so on. These investors tend to possess vastly greater resources than individual investors like you and me when researching stocks. Hence, it may be useful to keep a close eye on what they are doing, as a way to generate ideas. In this article, I will look at three Singapore stocks (among the top ten stocks) that have seen the highest net purchases in dollar valu

Singapore’s Straits Times Index (SGX: ^STI), home to the 30 largest companies in Singapore, has fallen by over 8% since the start of the year. But it’s not all doom and gloom. If we lengthen our horizon from months to years, we will see that a good number of STI companies have done quite well. As a baseline, the index provided a total return of 9.9% over the past three years. However, according to a recent SGX report, there were at least 10 companies that produced returns that are three times better than the index. Let’s have a look at the top 10 performers (data as of 30 August 2018). For the first five companies, click here. 6. Genting Singapore Ltd (SGX: G13), an integrated resorts company in the leisure, gaming and hospitality sector, takes sixth place on the list. The last thre

The Straits Times Index (SGX: ^STI), which tracks the performance of the top 30 largest and most liquid companies listed in Singapore, ended August in the negative territory. For the month, the index tumbled 3.2%, or around 106 points, to 3,213.5. Of the 30 index components, 21 were in the red while the remaining nine were in the green. The top three winners of the Straits Times Index were Yangzijiang Shipbuilding Holdings Ltd (SGX: BS6), Venture Corporation Ltd (SGX: V03) and CapitaLand Limited (SGX: C31).Source: S&P Global Market Intelligence Yangzijiang reported a strong set of financial results for the second quarter ended 30 June 2018. As highlighted in my previous article here, revenue more than doubled to RMB 8.0 billion from RMB 3.8 billion a year ago while net profit climbed 3

With uncertainty about how escalating trade tensions between the US and China will play out, investors have been more risk-adverse, concerned about broader ripple effects on global economic growth. The same has been observed in the Singapore market. As you know, the Straits Times Index (STI) is made up of 30 of the largest and most liquid stocks listed on the Singapore Exchange (SGX). Last year saw one of the most amazing bull runs in recent years, with STI generating total returns of 22% in 2017. The good times came to an end in 2018 as the market corrected pretty dramatically, with the STI generating a total return of -2.3% in 1H18. This was followed by a modest recovery, with a total return of 0.1% in 2H2018 to date. The 6 best-performing STI stocks that led the STI recovery for 2H2

Top 30 in my portfolio: No. STOCK NAME No.of SHARES PORTFOLIO% MARKET $ 1SGX5,00011.717.412SATS4,0006.415.073UOB7476.3927.064SPH6,0005.312.805CapitaLand Mall Tr7,8005.272.146OCBC Bank1,4385.1311.307AIMSAMPI Cap Ind R10,0004.421.408Starhub7,0003.581.629Suntec Reit5,8003.431.8710FCT4,8003.422.3011CDL HTrust6,8003.351.5612Keppel Corp1,6003.306.5313SingTel3,1903.263.2314Keppel DC Reit7,4003.161.3515ParkwayLife Reit3,6003.052.6816SPH Reit8,5002.691.0017Starhill Global Reit12,0002.640.69518Mapletree Com Tr4,8002.471.6319Frasers Com Tr4,9872.241.4220CapitaLand2,0002.173.4321Frasers L&I Tr6,0002.091.1022Bukit Sembawang1,0001.926.0823Ascendas Reit2,0001.732.7424Sembcorp Indust1,8001.552.7325Keppel InfraTr9,0001.480.5226SIA Engg1,5001.402.9527Frasers Property1,8000.951.6728Cache Log Tr

There are many ways to find investment ideas. Some useful ways are to screen for stocks or to look at a list of stocks near their 52-week lows to sieve out potential bargains. Studying what institutional investors have been buying or selling is another avenue. Institutional investors are typically large investment organisations, such as hedge funds, mutual funds, unit trust companies, sovereign wealth funds, insurance companies and so on. These investors tend to possess vastly greater resources than individual investors like you and me when researching stocks. Hence, it may be useful to keep a close eye on what they are doing as a way to generate ideas. In this article, I will look at three Singapore stocks (among the top ten stocks) that have seen the highest net purchases in dollar value

With such a wide array of investment options, new investors might not know where to start. With that in mind, I have written a series of articles that breaks down the most common investment options for new investors. In the first part of this series, I looked at the pros and cons of investing in stocks. Over here, I will focus on Real Estate Investment Trusts, commonly referred to as REITs. So, what are REITs? Real Estate Investment Trusts are a class of securities listed on the stock exchange. Like stocks, you can buy a unit of a REIT through your broker or online brokerage. When you buy a unit of a REIT, you become a part owner of the trust and are entitled to distributions. You can also sell the unit to another buyer in the future. Just like stocks, REIT investors earn money in two ways

CapitaLand Limited (SGX:C31), one of the three property stocks in Singapore’s Straits Times Index (SGX: ^STI), released its earnings update for the second quarter of 2018. Here’s a quick summary of its business dealings for the quarter: 1. Revenue increased 35.3% year-on-year to S$1,342.4 million, mostly due to accounting changes as the group consolidated CapitaLand Mall Trust (SGX: C38U), CapitaLand Retail China Trust (SGX: AU8U) and RCS Trust (special purpose trust that holds Raffles City Singapore) into its results. 2. More importantly, profit after tax and minority interest (PATMI) increased 4.4% to S$605.5 million. Operating PATMI, which excludes gains or losses from divestments, revaluations and impairments, decreased 5.6% to S$424.7 million due to lower fair value gains. 3. Th

Top 30 in my portfolio: No. STOCK NAME No.of SHARES PORTFOLIO% MARKET $ 1SGX5,00011.737.442SATS4,0006.555.193UOB6475.5127.024SPH6,0005.512.915CapitaLand Mall Tr7,8005.312.166OCBC Bank1,4385.2511.577AIMSAMPI Cap Ind R10,0004.451.418Starhub7,0003.801.729CDL HTrust6,8003.471.6210Keppel Corp1,6003.476.8711Suntec Reit5,8003.371.8412FCT4,7003.372.2713Keppel DC Reit7,4003.291.4114SingTel3,1903.233.2115ParkwayLife Reit3,6003.132.7616SPH Reit8,5002.681.0017Starhill Global Reit12,0002.650.7018Mapletree Com Tr4,8002.451.6219Frasers Com Tr4,9042.201.4220CapitaLand2,0002.043.2321Frasers L&I Tr6,0001.991.0522Bukit Sembawang1,0001.765.5923Ascendas Reit2,0001.732.7524Sembcorp Indust1,8001.522.6825Keppel InfraTr9,0001.480.5226SIA Engg1,5001.412.9727Cache Log Tr4,0000.980.77528Frasers Property

COE. ECP. ERP. Most of us living in Singapore are likely to be familiar with the terms above. However, what about DPU, NAV, and WALE? When we invest in real estate investment trusts (REITs), we are bombarded with a whole lot of acronyms that can make our head spin. Here at The Motley Fool Singapore, we understand that new investors may find it challenging to navigate the jargon used in the REIT-world, including DPU, NAV, and WALE. So, here is a glossary of commonly-used REIT-terms, explained simply. AUM: Assets under management AUM shows the value of all the properties and other assets, such as cash, held by a REIT. AEI: Asset enhancement initiative AEI refers to the revamping of a property to enhance its value, and hence, its rental income. AEIs are commonly carried out by retail REITs t

Hi, everyone. Here are three things about the local stock market that you might be interested in today. 1. The Straits Times Index (SGX: ^STI) rose 1%, or 34.2 points, to end Wednesday at 3,326.8. StarHub Ltd (SGX: CC3) emerged as the biggest winner of the 30-stock index after putting on 7 cents, or 4.2%, to S$1.75. The telco will be announcing its 2018 second-quarter results on 7 August 2018. To know how the company performed in the first quarter, you can head here. The biggest loser in the index, on the other hand, was CapitaLand Mall Trust (SGX: C38U). Units in the retail real estate investment trust (REIT) fell 2.7% to S$2.16. For the REIT’s second quarter earnings coverage, you can go here. 2. Singapore Exchange Limited (SGX: S68) said today that it has resumed discussions with In

Real estate investment trusts (REITs) cannot be valued by the typical price-to-earnings (P/E) ratio as their earnings are distorted by revaluation of investment properties, change in fair value of derivatives, and so on. How else can REITs be valued then? Let’s look at some common ways of evaluating them. Distribution yield The distribution yield shows how much an investor receives in distribution per unit (DPU) for the unit price paid for a REIT. Since REITs are required to distribute at least 90% of their taxable income to their unitholders in order to enjoy tax benefits, many REITs have high distribution yields. As of 6 July 2018, the average distribution yield for Singapore REITs was 6.7%. Let’s go through a simple example to learn how to calculate a REIT’s distribution yield. Re

MONEY FM 89.3’s Ryan Huang chats with Rusmin Ang, co-founder of The Fifth Person, as he breaks down the latest quarterly results of SATS and CapitaLand Mall Trust. The post Money FM 89.3 – Companies to watch: SATS and CapitaLand Mall Trust appeared first on The Fifth Person.