SGX Listed Stock


SGD 4.100
-0.100 / -2.38%
Share Price as of: 2020-02-26 17:16
Market / ISIN Code: SGX Mainboard / SG1D89001201
GICS® Sector / Industry Group / Industry: Consumer Discretionary / Retailing / Multiline Retail

Isetan Blogger ArticlesISETAN (SINGAPORE) LTD Blogger Articles SGX Listed ISETAN (SINGAPORE) LTD (SGX:I15) Blogger Articles I15.SI Blogger Articles
The Fifth Person
Adam Wong
2019-12-03 14:44:41
10 things I learned from the 2019 Starhill Global REIT AGM
Starhill Global REIT (SGREIT) owns a property portfolio of retail malls and office buildings located in Singapore, Malaysia, Australia, China, and Japan. As at 30 June 2019, its portfolio was valued at S$3.06 billion. Amid a challenging retail environment, SGREIT’s revenue and net property income (NPI) have been slowly falling since FY2016. As a result, SGREIT’s unit price has been trending sideways over the last four years. As a long-timer unitholder, I attended SGREIT’s recent annual general meeting to learn about the management’s plans to reboot the REIT’s performance and navigate the tough times ahead. Here are 10 things I learned from the 2019 Starhill Global REIT AGM: 1. Gross revenue fell 1.2% year-on-year to S$206.2 million in FY2019. Likewise, NPI fell 1.7%
The Motley Fool Singapore
Jeremy Chia
2019-09-19 11:23:16
Isetan (Singapore) Ltd: Value Trap or Value Stock?
Benjamin Graham, author of “The Intelligent Investor” and mentor to Warren Buffet prescribed buying shares that trade below their book values. In theory, investors can make a profit when management divests their assets and returns the cash to shareholders. But what happens when there is a status quo and management is not able to unlock shareholder value? Case in point is Isetan (Singapore) Ltd (SGX: I15).  The Japanese department store operator has been trading well below its liquidation value for years. As of the time of writing, it had a market cap of just over S$215 million. In comparison, as of 30 June 2019, it held S$50.2 million in bonds, S$38.1 million in cash, and owned three investment properties that are collectively valued at S$344.5 million. It also had no de
The Motley Fool Singapore
Royston Yang
2019-09-13 10:12:23
This Coffee Manufacturer Has Risen 140% Since Early 2016. Is It a Great Business?
Food Empire Holdings Limited (SGX: F03) is a branding and manufacturing company in the food and beverage sector. The group’s products include instant beverage products, frozen convenience food and snack food. Its products are exported to over 50 countries, and the group has eight manufacturing facilities with 24 offices worldwide. Food Empire has seen its share price climb more than 140% from a low of S$0.21 in early 2016 to the current S$0.50, giving the company a market capitalisation of around S$268 million. The group has seen its fair share of challenges as it is one of the few companies on the local bourse which was able to successfully penetrate the Russian market, and has been selling its proprietary MacCoffee and Petrovskaya Sloboda brands there for many years. Investors may
The Motley Fool Singapore
Royston Yang
2019-09-13 10:07:27
This Contract Manufacturer’s Share Price Has Plunged 55% in the Last 18 Months. Is It a Bargain Now?
Hi-P International Ltd (SGX: H17) is one of the region’s largest integrated contract manufacturers. The group provides solutions to clients in diverse industries such as wireless telecommunications, consumer electronics and medical devices. It has 12 manufacturing plants located across five cities in China. Hi-P’s share price has plunged from a high of S$2.68 in March 2018 to the current S$1.15, a 55% drop in just 18 months. One reason for this could be its lacklustre FY 2018 earnings, which saw revenue dipping marginally by 1.7% year-on-year but net profit declining by almost 17% due to higher cost pressures. In October 2018, the group had also issued a profit guidance that mentioned a delay in sales recognition due to postponement of billing and lower market demand for certa
The Motley Fool Singapore
Jeremy Chia
2019-09-13 09:51:06
Isetan (Singapore) Ltd Could See Its Shares Rise 50% in the Near Future
Isetan (Singapore) Ltd (SGX: I15) has seen its share price surge 38% this year. Rumours have been swirling that the Japanese departmental store operator in Singapore will be able to cash out on its 26% stake in Wisma Atria. Starhill Global Real Estate Investment Trust (SGX: P40U) announced that it has sent a non-binding letter of intent to Isetan. An article on Business Times also said that sources close to the matter believe that the REIT is willing to pay more than S$290.7 million, the fair value of Isetan’s stake in Wisma Atria. Amidst all the buzz around the two companies, I did a bit of research to find out if should investors consider picking Isetan shares now? Massive injection of cash If the deal does go through, Isetan would receive a massive injection of cash. As of 30 Jun
The Motley Fool Singapore
Jeremy Chia
2019-09-12 09:00:00
3 Stocks in the News This Week
With earnings season over, there has been little in the news to excite investors. However, three companies made announcements this week that will give shareholders reasons to cheer. Inclusion into index Keppel DC REIT (SGX: AJBU) announced that it will be included in the FTSE EPRA Nareit Global Developed Index from 23 September. While inclusion into an index does not impact its day-to-day operations, it generates greater investor interest and increases the trading liquidity of its stock. Mr. Chua Hsien Yang, CEO of Keppel DC REIT said, “This is a significant milestone for Keppel DC REIT, and bears testament towards our commitment in growing the REIT to be recognised amongst real estate equities worldwide. This will enhance Keppel DC REIT’s visibility to index funds, and suppor
Ching Sue Mae
2019-09-02 12:10:19
SGX Orb Awards 2019: Here Are The Best In Financial Content You Should Be Reading In 2019 (As Chosen By SGX)
The SGX Orb Awards recognises excellence in financial news and content. For 2019, DollarsAndSense is proud to emerge as the winner of the category. A huge thank you to all our readers that have shown us your support this past year as we continue to strive to producing quality content you deserve. The SGX Orb Awards was launched by SGX just last year with the aim of recognising excellence in financial news and content in an evolving media landscape. This year, the SGX Orb Awards saw more than 120 entries across 6 categories. Here are the nominees and winners that have produced stellar financial content the past year, which are definitely worth checking out. Read Also: SGX Orb Awards: These Are The Best Financial Articles You Should Be Reading In 2018 (As Chosen By SGX) Story of t

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