The Straits Times Index (SGX: ^STI), which tracks the performance of the top 30 largest and most liquid companies listed in Singapore, ended September in the green. For the month, the index put on 1.4%, or around 44 points, to 3257.1. Of the 30 index components, 16 were in the positive territory while the remaining 14 were in the negative region. The top three best-performers of the Straits Times Index for September were Yangzijiang Shipbuilding Holdings Ltd (SGX: BS6), Sembcorp Industries Ltd (SGX: U96), and Thai Beverage Public Company Limited (SGX: Y92).Source: S&P Global Market Intelligence Shipbuilder Yangzijiang made public last month that it had agreed to form a 50-50 joint venture company with Mitsui & Co, Ltd in the Republic of Panama with an initial registered share capit

Year-to-date, the Straits Times Index (SGX: ^STI) is down by around 4%. Even though the stock market has not been doing well, some stocks have soundly beaten the market. Take, for example, Delong Holdings Limited (SGX: BQO). Since the start of 2018, Delong Holdings’ share price has surged by more than 160% to close at S$6.95 on Friday, 28 September. The steelmaker was in the news recently as its chief executive and executive chairman, Ding Liguo, has launched a privatisation bid with a voluntary conditional cash offer of S$7.00 per share. Coincidentally, Delong was also featured as the second-best stock in my colleague Chong Ser Jing’s article, The 30 Best Stocks In Singapore For 2018. In his article, which was published in January 2018, Ser Jing shared 30 Singapore stocks t

Following up from previous blog post for YZJ Shipbldg > http://singaporetradinginsights.blogspot.com/2018/08/yzj-shipbldg-target-hit-but-more-upside.htmlThere were some profit taking near 1.15 and we have seen YZJ Shipbldg retraced lower and found a new support at 1.05 last month.Some upside rebound targets were drawn about 3 weeks back as we spotted some bullish price actions near 1.05…And indicators were also looking positive in the short term…See what I mean…Over the past 2 weeks, we have indeed traded higher and breached the 1.15 temp resistance…Seems like even our 2nd target at 1.25 has been ALMOST hit TODAY with a high at 1.24..Note that we would expect some profit taking near here so one can also consider locking some profits and more importanly protect them..Not sure

After a few months of retracting, equity market finally turned around this month. When the market closed on 28 September, STI rose 43.57 points, or 1.37% compared to last month, in line with the recovery of global equity market.My portfolio performed very well this month. Its value increased by 3.71% this month, out performing the ST Index.I did not make any trade this month, but received some shares from Mapletree Industrial Trust via scrip dividend scheme. I bought some CommerzBank bond during its IPO. This is in line with my current investment strategy to shift my investment focus towards fixed income investment.Total dividend received this month was S$7,145, 2/3 from UT/Bond and 1/3 from shares dividend.Below are my top 30 share holdings as at 28 September 2018.1.   &nbs

Performance of Straits Times Index (STI) Constituents in September 2018 The Straits Times Index (STI) ended 43.57 points or 1.36% higher to 3257.05 in September 2018.(compared to 3213.48 on 31-Aug-2018) Top Performers: Yangzijiang Shipbuilding, Sembcorp Industries, Thai Beverage, ST Engineering, Keppel Corp. Least Performers: Golden Agri-Resources, HongKong Land, Ascendas REIT, Dairy Farm, Venture Corp. Most Volatile: Golden Agri-Resources, Yangzijiang Shipbuilding, Thai Beverage, Sembcorp Industries, Keppel Corp. Advertisement Continue Reading »

Here are three things about the local stock market that you might be interested in today. 1. The Straits Times Index (SGX: ^STI) inched down by 0.07%, or 2.1 points, to 3,139.3. Of the 30 index components, 15 were in the red; 11 finished in the green while the remaining four were flat. Golden Agri-Resources Ltd (SGX: E5H) shares emerged as the worst performer of the index, falling 2% to S$0.24 apiece. On the other hand, the biggest winner of the STI was Yangzijiang Shipbuilding Holdings Ltd (SGX: BS6). The shipbuilder’s shares went up 1.8% to S$1.11 each. Yesterday, Yangzijiang announced that it has agreed to establish a 50-50 joint venture company with Mitsui & Co, Ltd in the Republic of Panama with an initial registered share capital of US$13.2 million. Yangzijiang mentioned in it

Some of the best dividend shares call the Singapore stock market home. To help income investors glide through their passive income stream, we have compiled the best articles on dividend shares that have appeared on our flagship website, Fool.sg. The articles cover a wide variety of topics, from income stock ideas to analysing the sustainability of a company’s dividend. We also have an ingenious solution for the lazy income investors out there. So, sit back, relax and let’s cruise. Dividend stock ideas Unsure which income stocks give you the best bang for your buck? Fret not. We have some stock ideas just for you: 4 Blue-Chip Stocks That Have Consistently Increased Their Dividends in the Last Five Years Singapore’s Top 5 Blue-Chip Stocks with the Tastiest Dividend Yields Singapore’

Yangzijiang is a shipbuilder, which builds dry bulk and container ships.Why am I buying?The shipping industry has come through a massive 6-year downturn.  Dry Bulk is recovering - the main supply-side metric is the order book: estimated at 10% of the fleet 1, 2.  Containers have stopped collapsing: there may be a recovery in the smaller class ships (Post Panamax and below), while large container ships (New Panamax & UCLV) still look pressured by new supply - however - in the long term supply will be managed by the 3 major shipping alliances3.Yangzijiang has been profitable through the downturn:              (source: Morningstar)Since building a ship is a long term endeavour, earnings numbers contain many assumptions (eg: currencies, steel

Here are some of the more popular articles that have appeared on the Motley Fool Singapore’s website this week. 1. How to Find Great Dividend Stocks While Relaxing by the Coast Do you want to know three simple steps to look for great dividend shares? Well, there are only two steps essentially, with the third being the result of investing in awesome companies. In his article, Chin Hui Leong reveals how investors can unearth great dividend-paying firms with a few examples from the Singapore stock market. Companies discussed include ComfortDelGro Corporation Limited (SGX: C52), Yangzijiang Shipbuilding Holdings Ltd (SGX: BS6) and Singapore Exchange Limited (SGX: S68). Jump into the article to know more (link here again). 2. 1 Beaten-Down Blue-Chip Stock That May Become A Future Star In rece

In the current risk-off environment, we continue to highlight 4 blue chip dividend plays that OCBC recommends. Investors Takeaway: 4 Blue Chip Dividend Plays Yangzijiang Shipbuilding Holdings Yangzijiang Shipbuilding delivered a 110 percent increase in revenue and a 38 percent increase in net profit year-on-year. As such, 1H18 net profit accounted for about 65 percent of OCBC’s full year estimates, which is higher than expectations. The strong showing in revenue was due to the delivery of 20 vessels in 2Q18, compared to just four in 2Q17. The delivery of larger- sized vessels this quarter also helped Yangzijiang Shipbuilding in its earnings. Looking ahead, management sees a gradual recovery in the shipbuilding market, with the potential for higher margins in the bulker segment. Acc

The Straits Times Index close down 3.2% for the month of August 2018. 9 companies closed up for the month, 21 down. Gain leader Yangzijiang Shipbuilding, loss leader Thai Beverage. The post Straits Times Index constituents stocks August 2018 performance appeared first on TerraSeeds Forex Blog, Gold, Oil, Stocks, Indices.

When you come across a dividend idea that is summarised in a single tweet, you know that it does not come much simpler than this. Eddy Elfenbein, an investment writer and analyst, has been publishing his “buy list” on his Crossing Wall Street blog since 2006. What’s interesting is that his list of investments has beaten the US-based S&P 500 by observing a simple formula: buying outstanding companies and holding for long periods of time. Over the last 12 years, the total returns of his buy list was 230% versus the S&P 500’s comparable returns of 176%. Dividends, dividends, dividends In 2014, Elfenbein published a simple tweet on how to screen for dividend paying shares: 1. Screen for 3%+ divs. 2. Delete names with too much debt 3. Sit by pool. — Eddy Elfenbein (@EddyE

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

Just about 3 weeks back, we spotted some bullish actions with YZJ Shipbldg finally breaking free above the 0.95 level…There were always selling pressure seen at 0.95 but finally sellers gave up and buyers were back in control…The 1.00 psychological level gave a few days later as well…Hence some short term upside was possible and target drawn.. See what I mean…Our first upside target at 1.10 was hit last week and some profit taking expected….However, we did not rule out more upside if more bullish actions are seen…With a potential for our higher target to be realized too…Seeing some actions above the 1.10 resistance for now….More upside to our 2nd target from here? Watching for more confirmation….Want to get ideas like these in your inbox plus top research? Open a free

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

Performance of Straits Times Index (STI) Constituents in August 2018 The Straits Times Index (STI) ended 106.37 points or 3.20% lower to 3213.48 in August 2018.(compared to 3319.85 on 31-Jul-2018) Top Performers: Yangzijiang Shipbuilding, Venture Corporation, CapitaLand, Wilmar International, Sembcorp Industries. Least Performers: Thai Beverage, Genting Singapore, Jardine Strategic, City Developments, DBS Group. Most Volatile: Yangzijiang Shipbuilding, Thai Beverage, Genting Singapore, Venture Corporation, CapitaLand. Advertisement Continue Reading »

Singapore’s stock market barometer, the Straits Times Index (SGX: ^STI), fell 2.3%, or 75.3 points, to 3,209.4. Of the 30 index components, 23 were in the negative territory while the remaining seven were in the positive region. Thai Beverage Public Company Limited (SGX: Y92) was the biggest loser of the lot, tumbling 10.4% to S$0.645. During the week, the beverage company announced its financial results for its fiscal third quarter. Thai Beverage’s revenue grew 34% year-on-year to THB 60.7 billion during the quarter, but its profit attributable to shareholders plunged 61% to THB 6.0 billion. The fall in the bottom line was due to lesser earnings from the spirits and beer businesses, higher net loss from the non-alcoholic beverages business, and drop in contributions from Fraser and N

On Monday, the Ministry of Trade and Industry (MTI) released its economic survey for Q2 2018, announcing that it would maintain its forecast that Singapore’s GDP will grow between 2.5% to 3.5% for 2018. MTI reported that Singapore’s GDP grew 3.9% year-on-year for Q2 2018, largely driven by robust growth within the manufacturing sector, which swelled 10.2% YOY. All clusters within Singapore’s manufacturing sector expanded in Q2 2018, with the electronics, biomedical manufacturing and transport engineering sectors being the key drivers of growth, contributing 4.6%, 2.7% and 1.4% respectively to the 10.2% growth rate of the entire manufacturing sector. Growth in the electronics sector was primarily driven by strong performance in the global semiconductor industry, helped by higher globa

Yangzijiang Shipbuilding: 13 August 2018, Monday, 4.30pm Singapore Time(Click on Technical Chart above to Expand)Attached is the Major Wave Technicals for Yangzijiang Shipbuilding, an STI Index Component Stock (Blue Chip) that is listed in the Singapore SGX (SGX: BS6). Yangzijiang has broken up the black trendline resistance as illustrated in light green circled region. This breakup of resistance follows the successful backtest of fibonacci 78.6% retracement support. The was achieved with high volume flow, i.e. where smart monies would like to end the correction. The volume flow is an exact duplicate of the breakout in end-2016 which spurred a more than 2x rally. Yangzijiang will attempt to spur another 2x rally from here.  See the pattern recognition region as illustrated o

Yangzijiang Shipbuilding Holdings Ltd (SGX: BS6) is one of the largest private shipbuilding companies in China. It makes a wide range of commercial vessels, including large containerships, bulk carriers, and liquefied natural gas (LNG) carriers, at its four shipyards in Jiangsu Province, China. Last Friday (10 August), Yangzijiang’s shares closed at S$0.99 apiece, up 8.8% for the week. In comparison, during the same period, the Straits Times Index (SGX: ^STI) put on just 0.6%. What could be the reason behind the increase in Yangzijiang’s share price? The most probable cause is that the company reported a robust set of financial results for the second quarter of 2018. Strong financial numbers Revenue for the reporting quarter came in at RMB 8.0 billion, more than doubling from the t