1. SPH Reit  --  4th Jan 20192. SPH  --  11th Jan 20193. First Reit  --  16th Jan 20194. FrasersCom Trust  --  18th Jan 20195. Kep Reit  --  21st Jan 20196. Frasers Cpt Trust  --  21st Jan 20197. Mapletreelog Trust  --  21st Jan 20198. Kep DC Reit  --  22nd Jan 20199. Kep Infra Trust  --  22nd Jan 201910. MapletreeInd Trust  --  22nd Jan 201911. MapletreeCom Trust  --  23rd Jan 201912. Kep T&T  --  23rd Jan 201913. Suntec Reit  --  23rd Jan 201914. CapitaMall Trust  --  23rd Jan 201915. SGX  --  24th Jan 201916. Kep-KBS US Reit  --  24th Jan 201917. Kep Corp  --  24th Jan 201918. Frasers L&T  --  24th Jan

NetLink NBN Trust (SGX: CJLU) is involved in the passive fibre network infrastructure for Singapore’s Next Generation Nationwide Broadband Network (Next Gen NBN). This network is used to deliver ultra-high-speed internet access throughout mainland Singapore and its connected islands. NetLink NBN Trust was listed in July 2017. Yesterday, the trust announced its financial results for the third quarter ended 31 December 2018 (3Q FY19). Here’s a quick rundown of the financial figures from the reporting quarter: 1. Revenue came in at S$89 million, up 3.4% as compared to the initial public offering (IPO) projection. 2. EBITDA (earnings before interest, taxes, depreciation and amortisation) was S$62.8 million, 3.7% higher than the projection. 3. Consequently, EBITDA margin was 70.6% versus

Six years ago, I chanced upon an Indian vegetarian restaurant on Singapore’s Serangoon Road. It was slightly off the beaten track. It was modest. It was inexpensive. Trade was brisk but not exactly heaving. But boy, did it serve good food. I am already drooling at the thought of its outstanding Masala Dosa and finishing off with a Kesari Bhath. Yum! I visited it many times. It got increasingly busier every time I went. I even got to know the owner, Mr Rao, well. Today, the restaurant has gone beyond thriving. It is constantly packed. Mr Rao has even acquired the space next door to double his 50-seat diner to handle over 100 customers at a time. Mr Rao knows he is onto a good thing. So, he is investing more into his business. He could quite easily have rested on his laurels, sat back and

ISOTeam Ltd (SGX: 5WF), which was established in 1998, is involved in the building maintenance and estate upgrading industry in Singapore. It has four business segments – Repairs and Redecoration (R&R), and Addition and Alteration (A&A), Coating and Painting (C&P) and Others. Yesterday, ISOTeam announced its financial results for the second quarter 31 December 2018. Here are 10 things investors should know about the latest results: 1. Revenue for the reporting period surged 93.1% to S$45.9 million from S$23.8 million a year ago. The company saw strong growth across all its business segments, especially in the A&A and C&P segments. A&A revenue ballooned 159%, contributing to 66% of total revenue for the quarter, while C&P revenue climbed 106%. 2. Gross profit i

Investors would agree that one of the toughest aspects of investing is deciding when to buy and when to sell. After doing their due diligence and analysis, investors need to determine their entry point. Some may use arcane techniques such as technical analysis, which uses charts to determine mass psychology, then uses this information to determine an appropriate entry point. I’d like to introduce a technique investors can use that relies on valuations in order to ascertain entry and exit points. This, I believe, is a more robust methodology as it relies on the fundamental and historical data the companies release. Average five-year valuation A good method to use to assess if shares of a stock are cheap is to use the average five-year valuation multiple. Investors may use the average

UOBKH’s alpha pick portfolio managed to outperform the broader market last year. Even during the tumultuous month of last December, as a result of uncertainty from the US-China trade dispute and tightening of US monetary policy, UOBKH’s alpha picks managed to stay resilient and put up a reasonable performance. UOBKH reshuffled its alpha picks with five recommendations for investors to start their alpha pursuit for 2019. Investors Takeaway: Kick Off Your Alpha Pursuit With These 5 SG Stocks By UOBKH Netlink NBN Trust Netlink NBN Trust (Netlink) is the latest addition into UOBKH’s set of alpha picks. According to UOBKH, Netlink has a dominant market share of 90 percent of the residential market and 35 percent of the non-residential fibre connections market. Netlink Trust’s growth i

With the 90-day truce in the US-China trade war coming to a halfway mark, attention is now on the outcome of those talks. While the news so far appears to be indicating that the talks will end in a positive note, it is hardly a foregone conclusion. Things could still change in a swift if either party changes its mind. So, what happens if the US-China trade talks fall apart? Investors Takeaway: 3 Things To Do If US-China Trade Talks Go Wrong By DBS Stay Invested In REITs S-REITs managed to put in the second-best performance in 2H18 after healthcare. According to DBS, S-REITs should continue to garner investors’ interest as bond yields are still pressured by the Fed turning more dovish. The Federal Reserve’s previous guidance in December last year pointed to two interest rate hikes in

In this article, we continue to highlight another investment theme that DBS recommends for investors in 2019: Yield plays with growth potential. Investors Takeaway: 5 Yield Plays With Growth Potential By DBS ComfortDelGro Corporation The greatest concern about investing in ComfortDelgro Corporation (ComfortDelgro) is the impending full entry of Go-Jek. Go-Jek’s entry will create increased competition from the private hire cars on ComfortDelgro’s core business. However, DBS is confident that competition is unlikely to heighten back to the times when Grab and Uber were both competing in the space. Heading into 2019, DBS is forecasting positive year-on-year growth for ComfortDelgro, which may be surprising to some investors. DBS notes that ComfortDelgro has been showing positives signs of

Financial Horse had an interesting post on Singtel entitled SingTel at S$2.96 – 3 quick thoughts on why I’m still not a buyer.  Here are my own initial thoughts looking at it. Why buy telcos – dividends of course! Most people who buy telcos normally are attracted by the defensive nature of the business and the dividends. Dividend yield at current prices almost top +6% and prices have dropped below $3 for the first time in a long time piquing my interest. Readers who read the last post arguing why dividend yield is the one of the worst metrics to use will remember that the yield is not as important as the sustainiability of the yield going forward. Here’s a short dividend history before we dig deeper. 2019 Estimate 2018 2017 2016 2015 Dividend per share [cents] 1

Ok, with my birthday celebrations with my family over and the presents all opened, the next step would be to start thinking about what I hope to achieve next year. There are some complications with goal setting this time round, but these might be good problems to have :a) Learning Goals.My learning goals are complicated by the fact that next resolutions were met before 2018 ended. Flush with some earned income, I was able to attend one Improv class and a 2 hour primer on looking after my voice.The Improv class was fun and possibly more useful for my D&D game sessions but it does not really have synergies with my new training career. I told some friends who were interested that I would join them for subsequent classes but only for social reasons.Voice acting probably made much more sens

Financial Horse had an interesting post on Singtel entitled SingTel at S$2.96 – 3 quick thoughts on why I’m still not a buyer.  Here are my own initial thoughts looking at it. Why buy telcos – dividends of course! Most people who buy telcos normally are attracted by the defensive nature of the business and the dividends. Dividend yield at current prices almost top +6% and prices have dropped below $3 for the first time in a long time piquing my interest. Readers who read the last post arguing why dividend yield is the one of the worst metrics to use will remember that the yield is not as important as the sustainiability of the yield going forward. Here’s a short dividend history before we dig deeper. 2019 Estimate 2018 2017 2016 2015 Dividend per share [cents] 1

Apparently, the fierce winter has lasted longer than expected as SingTel share price hit the skids. On 17 December 2018, SingTel share price plunged to an outrageous 7-year low. The last time that SingTel shares were trading at such price level was in 2011. In my previous article on this counter, I predicted SingTel share price to nose-dive to $2.60. While this nightmare scenario has not materialized (yet), the current SingTel share price bring little cheers for investors. It has been an awful year for investors as SingTel share price suffered an explosive 19% correction since the start of the year. The rapid decline caught many analysts and investors by surprise. On the basis of the current run, it seems certain that this counter would enter 2019 in bad shape. SingTel share price see red

Dividend yield is at the heart of many bad decisions Many poor investment decisions are based off this one metric. After all, everyone loves dividends. Passive income. Financial freedom. That’s perfectly understandable. The only issue is that dividend yield is one of the worst possible valuation metrics you can use. Is the dividend payment a one off? The first thing that investors need to watch out for are whether dividend payments are one off or “special dividend payments”. “Special dividend payments” are normally use to indicate that these dividends are meant to be one off because of a special event. For example, in the case of Singtel, they IPOed Netlink Trust in 2017 and declared a special dividend.   However, if you didn’t know this and bought

The Straits Times Index (SGX: ^STI), Singapore’s key stock market barometer, has had a rough 2018, falling 9.1% from the start of this year until the end of November. Apart from being well-known among investors, the STI’s 30 component companies are also known for their dividends. But some blue-chips are offering a higher yield compared to the rest. With that in mind, let’s have a look at the top five dividend-paying stocks on the STI (data as of 30 November 2018). Hutchison Port Holdings Trust (SGX: NS8U) or ‘HPH Trust’is the world’s first publicly traded container port business trust that owns and operates five ports in Hong Kong and Mainland China. The trust also tops the list with a distribution yield of 9.6%. Investors, however, should view the high distribution

REITs are typically stable investments that grow in value over the long run. That being said, there are special circumstances where REITs can see a spike in its share price. This requires the right catalysts to be triggered to drive interest from investors. According to DBS and UOBKH, Keppel KBS REIT, Fraser Hospitality Trust and Netlink NBN Trust are three REITs that have the potential to trigger a spike in investor interest. Investors Takeaway: 3 REITs Awaiting Catalysts To Catalyse Its Share Price Keppel KBS US REIT Despite the early lease termination at Westmoor Center in Denver in 1Q18, Keppel KBS US REIT managed to deliver DPU of US$0.015. This was marginally ahead of the IPO forecasts. However, there were other positives that lit up Keppel KBS REIT’s quarter. Majority of Keppe

Market sentiment has been affected in recent weeks by increased global market volatility, contributed in no small part by simmering trade tensions between the United States and China. Other concerns include the anticipated increase in US interest rates. Despite this, the five best-performing STI constituents managed to average a year-to-date return of 13%, which we’ve outlined last week. Read Also: SPDR STI ETF VS Nikko AM Singapore STI ETF: What’s The Difference Between These ETFs Listed On The SGX? Another well-referenced index is the FTSE ST All-Share Index, which currently comprises of 127 Large, Mid and Small Cap companies listed on the SGX Mainboard. Despite overall market volatility, the five least volatile stocks of the FTSE ST All-Share Index averaged declines of just 0.3% in

Digital is here to stay. According to a new report released by Google and Temasek, Southeast Asia’s internet economy is projected to exceed US$240 billion by 2025. The figure is US$40 billion higher than previously estimated. The higher estimated market value is thanks to a large, growing, and engaged internet user base. Google and Temasek’s latest report covers four main areas of the internet economy – ride-hailing, e-commerce, online media, and online travel – with a focus on six Southeast Asian countries, namely, Singapore, Indonesia, Malaysia, Vietnam, Thailand and the Philippines. Within the four areas, the report also added new sectors such as online vacation rentals, online food delivery, music subscriptions, and video-on-demand. The region’s internet economy is now es

I am writing this dividend update quarterly in an attempt to compile my quarterly dividend performance for the year. With a rising cost of living under the belt, in particular with the two kids in tow and hence require some bits of maintenance spend to keep hold, it can be particularly stressful to keep up with the expenses or cash outflow. Many times, we are dependent on our sole income which comes from our source of salary which we received monthly. While these may be the norms in the beginning, it is not healthy to be overly dependent on it over long periods of time as it may anytime snap behind your back. This is the reason why all of us need to think ways to grow our side income while we can so that we may unravel opportunities that can supplement our monthly income fro

Following my experiment using CFD account to purchase shares which I blogged here a few months ago, I have finally received my first dividend payout credited to my account.Although rather straightforward, but they operate somewhat a little differently from holding a normal ordinary shares account hence I wanted to document this for future users.For those who've read my past articles, you would have known that I have opened up an account with Cityindex and have tried to experiment leveraging through a series of different level financing.Being conservative since this is my first few encounters with leveraging instrument, I have only leveraged up to 1x which means for whatever position I have opened, I have half purchased it using cash and the other half using borrowing.The cost of

The STI fell 7.3 percent in the month of October as trade war worries, rising interest rates and correction in the US stock market weighed on the local market. The underperformance was underlined by weaker performance from property and O&G stocks after new property measures were announced and amidst the oil price correction. DBS: STI To End Year On A Weaker Note Given the uncertainty over impact of the US-China trade war and rising interest rates environment, DBS foresees STI to end on a weaker note at the end of the year. DBS lowered its target for STI from 3,550 to 3,200. In particular, DBS is concerned that bank stocks could be a potential drag for the STI. However, the recent fall in market has created more attractive valuation levels. Going forward, DBS recommends investors to ado