The STI gained 1.6% for Feb at 2,949.04; Optimism came from vaccine news, pessimism from higher bond yields; Wall St’s all-time highs on Wed were erased by fears of rising rates; Wilmar announced record dividend; Sembmarine hopeful that worst of writedowns is over; CapitaLand reported first-ever loss; OCBC and UOB reported lower 4Q profits; Writedowns for Sincere Property dragged CDL into the red. Opposing forces set the direction As the month of February unfolded it became apparent that direction would be set by two opposing forces. On the upside was optimism surrounding vaccine rollouts and development, whilst on the downside was pressure from rising bond yields that came because of an improving economic outlook – although the 10-year US Treasury yield was down 6 basis points at

Sign up & unlock articles! In my last article, I wrote that I have exited Sembcorp (U96) at $1.85 in December 2020. Indeed, the stock never really hit above $1.85 since my exit. But on 23 Feb, both Sembcorp (U96) and Sembcorp Marine (S51) share prices unexpectedly stirred back to life to increase marginally upon the release of full-year financial results for FY2020. What on earth has happened? Given that Sembcorp (U96) suffered almost $1 billion of losses, a member of SG Wealth Builder wrote in to enquire why Sembcorp (U96) did not suffer a catastrophic meltdown but rose slightly instead. I will share my view on Sembcorp Marine briefly and then provide an in-depth analysis on Sembcorp (U96). In my opinion, it is within expectation that Sembcorp Marine would incur heavy losses for FY2

The STI fell 45 points or 1.5% to 2,880.64; Penny stocks enjoyed bulk of the volume; Wall St and other markets have their eyes on rising US bond yields; Singapore Government’s Budget includes S$11b for COVID-19 relief; NODX grew better-than-expected 12.8% in Dec; Offer for Soilbuild Reit is fair and reasonable; Offer for Bermuda-registered GL is not fair but reasonable; SembCorp Marine warned of material provisions; MAS and SGX on alert for possible manipulation via chat forums Pennies in play as momentum in blue chips stalls Despite Wall Street holding firm in the face of weak US economic numbers, the local stock market has struggled in recent weeks – the Straits Times Index, which in mid-January climbed above the 3,000 level, has since been unable to add to those gains and ha

2020 was an unprecedented year. Many of us never expect that the medical advancement of mankind would ever face another pandemic like the Spanish flu 100 years ago...   Well, time to do a final review on my portfolio's performace in 2020.Top 30 positions of my portfolio at end 2020:1. SGX2. ParkwayLife Reit3. UOB4. FCT5. Keppel DC Reit6. OCBC7. CICT8. Frasers L&C Tr9. SATS10. AIMS APAC Reit11. Keppel Corp12. Mapletree Com Tr13. Ascendas Reit14. CDL HTrust15. Suntec Reit16. SingTel17. SPH Reit18. Capitaland19. Keppel InfraTr20. Starhill Global Reit21. VICOM22. Bukit Sembawang23. Netlink NBN Tr24. Sembcorp Indust25. ST Engg26. SIA Engg27. ARA LOGOS Log Tr28. Cromwell Reit Euro29. Frasers Property30. AstreaIVB4.35%Total dividends collected in 2020: $15,399.93Average monthly

SIGN UP FOR $10 TO UNLOCK ALL ARTICLES! Christmas certainly comes early for Sembcorp Industries investors as Sembcorp Industries share price surged from $1.17 on 9 September to $1.85 on 4 December. The incredible run of Sembcorp Industries share price followed the epic demerger from the ailing Sembcorp Marine. The deal propelled Sembcorp Industries share price to one of the best, if not the best, performing stocks in SGX mainboard. Sembcorp Industries is the best stock that I have ever invested in. In late September, I bought 35,000 shares when Sembcorp Industries share price was trading at $1.35. On 7 December, I decided to cash out and clocked in $17,500 of profits. The decision to cash out was not easy because of the good work of CEO Wong Kim Yin. For sure, CEO Wong Kim Yin hit the gro

In November 2020, Singapore stocks rebounded strongly with the Straits Times Index (STI) posting a 16.2% total return. This was the strongest monthly gain recorded since May 2009 – over a decade ago. Of course, this coincided with a global rally on the back of positive vaccine developments. On the back of this, many work-from-home stock winners – healthcare and technology – saw weaker performances as investors rotated into recovery plays in the broader market. Within the top 100 most traded companies in Singapore, 4 of 5 best performing stocks in November comprised non-STI stocks. We spotlight these companies in this week’s edition of 4 Stocks This Week. Read Also: Is Investing Too Complicated? 3 Simple Tricks To Develop Investing Habits Broadway Industrial Group (SGX: B69) Founded

Dear Readers, Notice of EGM hereby issued. The company seek the mandate to go beyond 10% of the holding in overseas market. As SillyInc expand the radar, It is quite likely that Hong Kong Exchange counters will exceed 10 percent of porftolio very soon. Singapore will remain the core and majority of the portfoilo for years to come. Beyond Hong Kong, Silly Inc has made a maiden investment in AT&T and might invest further if the price is right, so it is very unlikely that SillyInc can be a pure local player Some of the Hong Kong Counters vested1) Lonking 33392) HSBC 00053) SinoPec 03864) GA pack 04685) Cosco Ship Int 0517Those in watchlist include1) APT Satellite 10452) Stella Holding18363) Ping An Insurance 23184) ICBC 13985) Tracker Fund 2800US companies will play a secon

The STI fell 66 points or 2.6% to 2,466.62 in September; US tech sector volatility was a big factor; US-China tensions rose as US banned Tik Tok and WeChat from app stores; Absence of agreement on US stimulus package weighed on sentiment; US Federal Reserve announced its inflation target, promised to keep interest rates close to zero for next few years; SIA’s cost-cutting and fuel hedging were in focus; Wilmar’s China unit’s Shenzhen IPO captured market’s attention Entering a “consolidation phase’’ The Straits Times Index lost 66 points or 2.6% over the month of October to end at 2,466.62. A US tech stock selloff that led to the sector experiencing large volatility over the past four weeks, the state of the US economy ahead of next month’s presidential elections, increas

  Take note: this is an article written on the 30th of Jul.     Two significant news hit the headlines today. SG BANKS DIVIDENDS CAP One: The Monetary Authority of Singapore (MAS) has called on locally-incorporated banks to cap their total dividends per share (DPS) for FY2020 at 60% of FY2019’s DPS and offer shareholders the option of receiving the dividends to be paid for FY2020 in scrip in lieu of cash. MAS highlighted that while the local banks’ capital positions are strong, the dividend restrictions are a preemptive measure to bolster their resilience and capacity to support lending to businesses and individuals through an uncertain period ahead for our economy. The news immediately took the wind out of our local banks, with their share prices falling between 3-3.8

Sign up & unlock articles! It could be the blockbuster IPO of the year. While Singtel is singing the blues with its India’s misadventure, Sembcorp Industries share price has been in golden form lately with its potential listing of its India asset – Sembcorp Energy India Ltd (SEIL). Every dog has its day and confidence means everything in the stock market. Currently, Sembcorp Industries share price appears to be enjoying a splendid run since the fateful demerger from Sembcorp Marine.  Can the leading energy and urban development group achieve a critical business turnaround? Sembcorp Industries to smash $3.00 with India IPO? Sembcorp Industries share price to hit $5.00 after demerger? Within the SGX Mainboard, business turnarounds are far and a few. One of the rare exceptional

Having a strong sponsor or major shareholder is crucial for stock investment, especially during period of uncertainty such as COVID-19 stock crisis.  In this article, Dr Tee will review these 7 Temasek stocks with 4 major corporate actions: 1) Keppel Corp (SGX: BN4) – Abandon of Partial Acquisition by Temasek 2) Sembcorp Industries (SGX: U96) & Sembcorp Marine (SGX: S51) – Successful Demerger under Temasek 3) Singapore Airlines, SIA (SGX: C6L) – Impact of Rights & Bonds Issues for Survival 4) CapitaLand Mall Trust (SGX: C38U) & CapitaLand Commercial Trust (SGX: C61U) – Merger of CapitaLand (SGX: C31) Giant REITs with coming change in 30 STI component stock with Keppel DC REIT (SGX: AJBU) Temasek helps to manage national wealth of Sin

Sign up & unlock articles! On 16 September 2020, I invested in Sembcorp Industries (SCI). My entry price for Sembcorp Industries share price was $1.35. The decision to enter this counter was after my research done for my previous article “Sembcorp Industries share price to hit $5 after demerger?” In my previous article, I shared that the catalyst for Sembcorp Industries share price is not the demerger of the loss-making Sembcorp Marine. To truly unlock the full value of Sembcorp Industries share price, the management must continue its effort in recycle capital through its energy and urban assets. And one of the major catalysts for Sembcorp Industries share price is the listing of the India business unit, Sembcorp Energy India Ltd (SEIL). According to a report written by Phill

Sembcorp Industries shareholders will be receiving their entitled SembMarine shares on 11 Sept (Fri). Here's what we'd do for both stocks. The post [Update] Sembcorp Industries shareholders are going to receive Sembcorp Marine shares – What to Expect + What to Do appeared first on The InvestQuest.

The Straits Times Index drifted to a 19-points or 0.76% loss at 2,490.09; US tech sector selloff weighed on sentiment; Also disappointing markets was US failure to agree on relief package; Singapore economists expect local economy to contract 6% this year; China’s exports rose for 3rd consecutive month in August; Worst could be over for earnings of listed companies but cap on bank dividends could extend into 2021: DBS; Sembcorp Marine’s rights issue was undersubscribed; Maybank Kim Eng raised its STI target to 2,995   A lacklustre week with US tech stocks at the forefront The Straits Times Index dropped 19 points or 0.76% to 2,490.09 over five relatively featureless trading sessions last week, with the main consideration being the fate of a US technology sector that has been un

 How much will SCI drop after XE?

The stock market has been prospering but not every industry is booming. Covid-19 has given ... Read more >> The post Alibaba to benefit from Ant IPO and potential trading opportunities in Sembcorp Ind & Sembcorp Marine first appeared on https://www.drwealth.com.

First published in Business Times on 24 August 2020 They have to consider 3 options: do nothing; sell their rights; or subscribe to the issue THE experience of the Securities and Investor’s Association (Singapore) – or Sias – is that when companies announce complex deals, many small shareholders are often in the dark as to what they have to do and the timeline they have to follow. This came to light recently during a capital raising exercise by Singapore Airlines (SIA) that involved an issue of new shares and mandatory convertible bonds. Some shareholders thought that their responsibility ended once they had voted at the extraordinary general meeting (EGM). They were mistaken – if there is a rights issue involved, and if it has been approved at EGMs, shareholders m

Just at the beginning of March, we saw Sembcorp Marine approaching the KEY 1.10 SUPPORT dangerously…This level was crucial because we have been holding above this level since 2009,Yes indeed, more than 10 years back since the Global Financial Crisis…We were pretty much back to this support that even 2009 crisis managed to hold…So any move below this level can definitely be meaningful… Alerts were set as we were awaiting any bearish price actions from here…It HAPPENED!On the 28 FEB 2020, sellers seem to be coming out in full force to break the support… it tried to hold for a few days but it JUST COULD NOT!!The selling began… Some targets were drawn to the downside with first target at 0.90 as seen below..This bearish call was more for CFD SHORTS to be taken to ride