Perennial Real Estate Holdings (SGX: 40S) becomes the next target for privatization. However, not all the acquisition news is good for retail investors. In this article, Dr Tee will share the considerations by Big Boys or major shareholders to acquire or privatize a stock with Perennial as an example, with sharing of Reverse Takeover (RTO) stocks. You will learn the 47 undervalue Singapore property stocks which are profitable with over 50% price discount in asset value. Interestingly, Perennial started its property business in year 2014 through Reverse Takeover (RTO) of St. James Holdings (entertainment business) which IPO in 2008. RTO is a quick way of “IPO” by acquiring an existing company which could be different business nature. A more famous example would be RTO of Berkshi

The COVID-19 pandemic and severe economic fallout from it has led to falling stock prices all around the world, including Singapore. Amid this backdrop, counters that show a semblance of positive returns – even to a modest extent – would undoubtedly stand out. Here are four counters listed on the SGX Mainboard that are among the best-performing, aside from rubber and healthcare stocks, which we covered recently. Read Also: Resilience Budget For COVID-19: 8 Important Ways The Government Is Helping Singapore Businesses And Her People During This Pandemic BreakTalk (SGX: CTN) Listed in 2003, BreadTalk is home to well-loved local food and beverage brands like its namesake chain of BreadTalk bakeries, Toast Box coffee houses, Din Tai Fung restaurants, Food Republic food courts, and Song F

Temasek has offered partial acquisition to Keppel Corp (SGX: BN4) shareholders at the price of $7.35/share up to 51% ownership over 1 year period (with some conditions applied). Since this is not a full acquisition, some investors may be confused of what is fair price for Keppel Corp. Let’s study this acquisition offer in details. Temasek owns 20.45% of Keppel Corp, intending to purchase shares owned by remaining shareholders (100 – 20.45% = 79.55%) to top up to 51% (still need 51% – 20.45% = 30.55%). So, it is partial acquisition of 30.55/79.55 = 38.4%. It means for every 1000 shares, 384 unit will be acquired. The offer price of Temasek at $7.35 is about 20% premium over the average price before acquisition, aligned with several other acquisitions in S

Ensure right stock name, ticker and even exchange for investing in stocks. Don’t collect tips, did not record full details, buying wrong stock with close name, ending up a giant stock may become a junk stock. In the last Ein55 charity course, we also shared 2 “Ah Seng” stocks in Malaysia with very similar names, both are giant stocks but very different business: Hup Seng (biscuit) vs Hap Seng (plantation). Sometimes for the same business group, there could be similar names for subsidiaries but different stocks. Sometimes a subsidiary stock (eg Vicom) could perform much better than its parent stock (eg. ComfortDelGro) which has more diversified business. Even for the same stock, “what to buy” may not “now to buy”. A common mistake of beginner in knowledge collect

On 25 February 2020, BreadTalk Group’s founder George Quek led a consortium to launch a ... Read more >>

Taxi drivers are complaining about low pick up rate and are suffering from massive income cut. SMRT and Comfort Delgro will suffer.Tourists are not coming to Singapore. So the likes of Gentings and Straco are suffering from zilch revenue.Tourists are staying away from flying into Singapore given the number of cases. Singaporeans are also worried about flying out. So SIA will suffer, and the effect will cascade to SATS.  SIA has already cut large number of flights in the months ahead and staff are surplus a plenty.No tourists, no major events, the MICE sector also suffers. So Kingsmen will suffer.Trade grinding to a halt because China factories are only slowly trying to resume amidst their lockdowns and containment. So all the industrial and shipping side are facing slow

Dear readers, it was earlier reported today that Breadtalk stock is likely to be privatised. Breadtalk Group’s George Quek, his wife and a substantial shareholder have made an offer to acquire all Breadtalk shares at S$0.77 apiece with a view to delist Breadtalk stock. Breadtalk stock last traded at $0.645 and hence the offer is... The post BREADTALK STOCK PRIVATISATION BID: COULD I HAVE ONE THING PLEASE? appeared first on SG STOCKS INVESTING: SAVINGS, GRATITUDE (SG) & STOCKS INVESTING! SAVE MORE, BE GRATEFUL AND INVEST BETTER!.

Similar to new rules in financial reporting (eg. IFRS16 on operating lease starting Year 2019), it could have significant change to financial reports but it is one-time adjustment, especially in year 2019. Relative trend after the change should be comparable when an investor compares with 2019 as a new base. IFRS16 makes the analysis more complicated, eg. when Breadtalk (SGX: CTN) shows debt and cashflow are increasing, higher debt could be due to combined factors of actual debt increase and also due to operating lease (change in accounting definition) So, assuming China government excludes those “no symptom” (despite tested positive) from # infected from Coronavirus definition, we should see a sudden dip on date of policy change, rather than seeing consistent downtrend

Some may be puzzled why there are so many death cases for Coronavirus in China, especially in Hubei (258) but 0 (zero) case outside mainland China. From statistics point of view, this drastic difference may be due to certain reasons. Does it mean the virus is more deadly in China than outside China (quite unlikely as many who are infected outside China traveled from Wuhan). Does it mean China medical resources are less, resulting in lower survival rate (may be but unlikely to be so different)? From statistical analysis (as of 1 Feb 2020), we may identify possible sampling or reporting error: Area / # Infected / # Death / Fatality Rate (%)==============================Mainland China / 11757 / 258 / 2.19% Hubei only / 7153 / 249 / 3.48%Mainland China ex Hubei / 4604 / 9 / 0.

Is BreadTalk Group Limited Still The Talk of The Town?All is not well in the bread kingdom.The post Is BreadTalk Group Limited Still The Talk of The Town? appeared first on Value Invest Asia.

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

Just about a month ago, we saw more weakness in BreakTalk with it heading towards the next support at 0.63..This level was key as we had seen support above here more than 2 years back in 2017..Buyers were likely to come back for some short covering, However, more downside was still possible, especially with the downtrend indicators pointing firmly to more selling…Hence, targets were reiterated to the downside with a potential breakdown below this 0.63 level expected…See what I mean below…2 weeks passed and indeed, the 0.63 support gave way,Buyers were just not able to hold any longer as expected…Targets were reiterated again all the way towards 0.50 with some temp support at about 0.55..Sellers seem to be willing to push even lower towards target….There were some consolidation ab

Technicals of Breadtalk (SGX: CTN):30 September 2019, Monday(Click on the Technical Chart Above to Expand)Attached is the latest Technicals on Breadtalk (SGX: CTN). It is listed in the Singapore SGX. The black trend lines make up the uptrend channel lines. The grey lines make up the internal lines within the channel. Breadtalk executed a fake breakup as illustrated by the first red circled region and is bearish in nature. This is followed by a breakdown of the uptrend channel suggesting a new downtrend for breaktalk unless it is able to reclaim lost ground and goes back up into the channel. A fake breakup followed by a real breakdown is often HIGHLY BEARISH in nature. Bearish on Breadtalk now. Any rebound is an exit for breaktalk based on technicals.DISCLAIMERThis analysis site, as we

Just at the beginning of last month, we saw Breaktalk approaching the key 0.800 support dangerously..It has been holding above 0.800 for more than a year but this time there was some signs of weakness as it approached this level..Indicators were pointing towards the downtrend playing out and hence..Some downside targets were drawn when we saw that eventual breakdown, see what I mean..First target towards 0.74 then to 0.66…Over the past few weeks, we have seen more selling pressure with 0.800 as the NEW lowered resistance..Was not able to climb back up and sellers came to take it lower..First target at 0.74 has been hit..But again, this first support and target may breakdown and head towards our 2nd target as drawn earlier..So targets to the downside was reiterated again… towards 0.66..