The weekly 4 Stocks This Week column on DollarsAndSense was started in 2017 with a simple objective was simple: to provide a convenient read each week for busy investors to stay updated with what is happening on the Singapore Exchange. 4 Stock This Week is not a recommendation from us to buy or sell any of the stocks that wke feature. Its purpose is to highlight interesting stocks that investors should be aware of, rather than to analyse these stocks. For this week’s edition, instead of the usual coverage of four stocks, we’ll do a year in review of the other 51 instalments of 4 Stocks This Week that our team has written in 2019. Over the past year (51 weeks), we’ve covered 123 SGX-listed stocks, 4 ETFs and 8 Daily Leverage Certificates. The most covered stock was Sas

Analysing large corporations is never an easy task, but the method we like to use is to break down the organisation into component parts in order to look at each carefully. The same method can be used effectively for conglomerate companies as well. A “conglomerate” is defined as a large company with many disparate divisions that may or may not be totally unrelated to one another. Let’s have a look at one of the more well-known blue-chip conglomerates in Singapore – Keppel Corporation Limited(SGX: BN4). Investors can trace the roots of the company back to 1968 when Temasek Holdings, Singapore’s very own sovereign wealth fund, founded Keppel Shipyard back then. Since then, the group has moved on to expand its business into various divisions, and this conglomerat

REITs are a popular and important part of the Singapore Exchange (SGX). There are close to 50 listed REITs, property-related business trust and REIT ETFs in Singapore. There are also numerous other unit trusts invested into Singapore and foreign listed REITs in Singapore. To get a better understanding of how well or badly Singapore REITs have performed, we dedicate significant time and resources to publish a report card each quarter. If you wish to catch up on previous quarters, you can refer to our regular REITs Report Card column. Read Also: Complete Guide To Investing In Singapore REITs How Has Singapore REITs Performed In The Year-To-Date 2019 To gauge how the Singapore REIT market has performed in the year-to-date (YTD) 2019, we can look at the iEdge S-REIT Index and the iEdge S-REIT

Keppel DC REIT (KDC REIT) is a pure-play data centre REIT listed on the Singapore Exchange. The REIT invests in a diversified portfolio of income-producing real estate assets which are used primarily for data centre purposes. On 23 October 2019, Keppel DC REIT held an EGM seeking unitholders approval to acquire Keppel DC Singapore 4 (KDC SPG 4) and DataCentre One (DC1). Source: KDC REIT EGM slides Keppel DC REIT had raised S$478.2 million through a private placement of 135 million units at an issue price of S$1.744 per unit, and a preferential offering of about 142 million units at an issue price of S$1.71 to fund the acquisition of the two data centres. The preferential offering was well received by unitholders with an oversubscription of 9.3 times. Here are the seven thin

Utility companies provide electricity, gas, or water. Such companies are usually heavily regulated as they provide an essential good to the general public. Another striking feature of such companies is that they usually have just one plant or power station serving one region, providing them with monopoly power. This is another reason they are regulated — to prevent supernormal profits from accruing due to indiscriminate pricing. Investors often gravitate towards utility stocks for stability and peace of mind. As such businesses provide an essential good and are also regulated, this means their cash flows and dividends are predictable and stable (once the asset has been constructed and is up and running). During times of economic stress, utilities are viewed as safe havens as they ar

When we invest in the stock market, we typically want to grow our wealth. This comes in two main ways – either in long-term price appreciation or receiving a dividend payout. According to SGX, analysts are recommending that investors include high-yielding and defensive stocks, on the back of increasing geopolitical uncertainty and slowing global growth. To find these companies, we can look at the FTSE ST Small Cap Index, which has a combined market capitalisation of $37 billion, and comprise 49 constituents, out of which 20 are REITs. The dividends these companies pay us can be used to provide added financial muscle in subsequent investments we make, give us the freedom of going on a holiday or making a luxury purchase for “free”, or even allow us to use for our living expenses if we

This week, it was announced that the electricity tariff for households will fall for October to December. According to SP Group, with the lower cost of natural gas for electricity generation, the tariff will decrease by an average of 3.3%, or 0.79 cent per kilowatt hour (kWh) compared to Q3 2019.For households, the electricity tariff will decrease from 24.22 cents to 23.43 cents per kwh (before GST). For those households that are still under SP group and have not switched to an OEM retailer, the average monthly electricity bill for families living in four-room HDB flats will decrease by $2.84. Read Also:Biggest Reasons Why Singaporeans Haven’t Switched To An Open Electricity Market (OEM) Retailer – And Why They Really Should Besides electricity, gas prices will also be decreasing, as

As one of the most popular investments in Singapore, we keep a close eye on the performance of S-REITs. After the corporate earnings announcements each quarter, we compile a comprehensive summary on our REITs Report Card column. How Singapore REITs Share Prices Have Fared In 2019, So Far Before we look at how individual REIT prices have moved, let’s look at the broad S-REIT indices in Singapore. There are two main indices – the iEdge S-REIT Index and the iEdge S-REIT 20 Index. The iEdge S-REIT Index comprises all the REITs listed in Singapore, while the iEdge S-REIT 20 Index, as its name suggests, only comprise the 20 largest and more tradeable REITs on the iEdge S-REIT Index. Read Also: Complete Guide To Investing In Singapore REITs The chart below depicts the iEdge S-REIT Index fluc

Will Keppel Infrastructure Trust (KIT) do a Hyflux? I have never been a big fan of business trusts. Just take a look at Asian Pay TV Trust (APTT) and Hutchinson Port Holdings (HPH) Trust. The unit price of both business trusts plunged to incredibly abysmal levels in recent years due to declining business fundamentals. Could Keppel Infrastructure be different? Bizarrely, all three business trusts are linked to Temasek Holdings. Even more strange is that there are eerie similarities between Keppel Infrastructure Trust and Hyflux. Like Hyflux, Keppel Infrastructure Trust owns just one power-plant (Keppel Merlimau Cogen Plant), which has been making huge losses and still counting. Similar to the ill-fated Hyflux, Keppel Infrastructure Trust issued $300 million 4.75% Perpetual Bonds. Oh yes, K