1. SPH Reit  --  11th Oct 20182. Keppel Reit  --  15th Oct 20183. Keppel DC Reit  --  16th Oct 20184. Kep Infra Trust  --  16th Oct 20185. First Reit  --  16th Oct 20186. Kep-KBS US Reit  --  17th Oct 20187. Kep T&T  --  17th Oct 20188. Kep Corp  --  18th Oct 20189. FrasersCom Trust  --  19th Oct 201810. SGX  --  19th Oct 201811. Mapletreelog Trust  --  22nd Oct 201812. MapletreeInd Trust  --  23rd Oct 201813. Frasers Cpt Trust  --  24th Oct 201814. MapletreeCom Trust  --  24th Oct 201815. Suntec Reit  --  24th Oct 201816. M1  --  24th Oct201817. Semb Mar  --  25th Oct 201818. Parkway Life  --  25th Oct 20181

Hello, everyone. Here are three things about the local stock market that you might be interested in today. 1. The Straits Times Index (SGX: ^STI) tumbled 15.3 points, or 0.5%, to end the day at 3,077.97. Of the 30 index components, 23 were in the red; two were flat while five finished in the green. The stock that fell the most among the index components was SATS Ltd (SGX: S58), coming down 4.5% to S$4.88. Meanwhile, the biggest gainer of the 30-stock index was Genting Singapore Ltd (SGX: G13), rising 6.7% to S$0.95. 2. The earnings season has started so do check out the latest earnings coverage below: i) Genting Singapore – head here ii) Kingsmen Creatives Ltd (SGX: 5MZ) – here iii) OUE Commercial REIT (SGX: TS0U) – here iv) SATS – here v) SBS Transit Ltd (SGX: S61) – here vi)

Yesterday evening, SATS Ltd (SGX: S58) released its second quarter earnings update for its fiscal year ending 31 March 2019 (FY2019). For context, SATS is Asia’s leading provider of gateway services and food solutions, and provides services such as airline catering, airfreight handling, and baggage services. The company is present in over 60 locations and 13 countries across Asia and the Middle East. Here are 10 highlights from SATS’s latest earnings update: 1. Revenue for the second quarter of FY2019 increased by 4.2% – or S$18.3 million – to S$453.1 million. The revenue growth can be attributed to better revenues for the Food Solutions division (up 2.5% year on year to S$250.9 million) as well as the Gateway Services division (up 6.3% year on year to S$201.6 million)

Companies which buyback their shares could signal to the market that their shares are undervalued. Last month, 29 companies repurchased 30.8 million shares or units for a total amount of S$59.9 million, according to a report released by the Singapore Exchange Limited (SGX: S68) recently. The October buyback was 36% down from September’s buyback of S$94 million. In October, some companies were on blackout periods, which means that they cannot conduct share repurchases ahead of their earnings release. The top six companies with the largest share buyback amount in October 2018 were DBS Group Holdings Ltd (SGX: D05), Keppel REIT (SGX: K71U), City Developments Limited (SGX: C09), SATS Ltd (SGX: S58), Singapore Press Holdings Limited (SGX: T39), and Singapore Exchange. The six companies spe

October has been a really topsy-turvy month for US equities, which had spill over effects around the world, including the Singapore market. The STI declined from 3257.1 to 3018.8 in October, which represents a 7.3% dip. During market downturns, it is common for companies to take advantage of the dip in prices to execute share buyback mandates. Thus, it is not surprising to see that in October, 29 SGX-listed companies made share buybacks for a total consideration of $59.9 million. October’s buyback activity brought the total share buyback consideration in 2018 to S$1.34 billion. This is more than 3 times the volume compared to whole of 2017. For this week’s episode of 4 Stocks This Week, we’ll look at the 4 companies with the largest share buyback considerations for October – namely

Top 30 in my portfolio: No. STOCK NAME No.of SHARES PORTFOLIO% MARKET $ 1SGX5,50012.176.842SATS4,0006.454.983CapitaLand Mall Tr9,0006.142.114UOB7475.8924.385SPH6,0005.142.656OCBC Bank1,4675.1010.747AIMSAMPI Cap Ind R10,0004.341.348Starhub7,0004.261.889Suntec Reit5,8003.321.7710FCT4,7003.282.1611SingTel3,1903.263.1612Keppel Corp1,6003.216.2013CDL HTrust6,8003.191.4514Keppel DC Reit7,4003.181.3315ParkwayLife Reit3,6003.032.6016SPH Reit8,5002.710.98517Starhill Global Reit12,0002.600.6718Mapletree Com Tr4,8002.501.6119Frasers Com Tr4,9872.211.3720CapitaLand2,0002.083.1421Frasers L&I Tr6,0001.981.0222Bukit Sembawang1,0001.735.3523Sembcorp Indust1,8001.642.8224Ascendas Reit2,0001.632.5225SIA Engg1,5001.372.8326Keppel InfraTr9,0001.340.4627Frasers Property1,8000.921.5828ST Engg8000.

Has there ever been a more crucial US midterm election for global stock markets? Probably. According to experts, there have been 10 pivotal midterm elections since 1826. This year’s results, which comes at a time of high stock-market volatility, hang in the balance. American voters will have to weigh up the benefits of more tax reforms, if the Republicans hold power, and an easing of global trade tensions, if the Democrats win. On the earnings front, DBS Group (SGX: D05) will hope to match, if not surpass, the improved results of its two Singapore peers, namely, UOB (SGX: U11) and OCBC (SGX: O39), when it reports third-quarter earnings. In August, Singapore’s largest bank posted a 20% jump in net profit. That still fell shy of market expectations, though. But DBS said it expects net

Dividend by month1) singtel2) fcot sgx  starhillg fct sphreit cmt fortune capitaretail capitacom mit suntec3) spost  taisin lippo nam lee5) fcot steng sgx  uob sph starhillg fct sphreit cmt cdg hcg lippo Singre teckwah mit sci suntec bumi hlf ums6) tcil ocbc7) singpost ums8) fcot singtel  plife  suntec ocbc  starhillg sci steng fct singpost sphreit cmt lippo  ock fortune  capitacom  siaen mit sats uob cdg sci9)   hlf teckwah bumi singre capitaretail10) sgx ums tcil11) fcot taisin sgx spost  starhillg fct cmt lippo siaen mit suntec12) sph ksh ock sats netlink umsRemarks:Added more dbs sgx sph sia during the current downturn with the help of my dividendsOverall,nothing fanciful and nothing new: dividends received will be used t

A year ago, Phillip Capital Management, along with Lion Global Investors, launched the Lion-Phillip S-REIT ETF. The ETF aimed to give investors a way to invest in a diversified basket of Singapore REITs (S-REITs) which paid a steady stream of distributions. (At the moment, the average distribution yield for S-REITs is 6.8%.) The ETF was met with a largely positive response from the market – Lion Global Investors and Phillip Capital Management initially aimed to raise S$40-50 million but exceeded their target when the fund raised over S$100 million last October. Capitalizing on the Singapore market’s appetite for yield, Phillip Capital Management has now launched the Phillip SING Income ETF. The initial offer period for the ETF will close at 11:00 a.m. on 19 October 2018 before its list

One of the best investors in the world, Warren Buffett, is an advocate of companies buying back their shares for the right reasons. And that is, if the firm’s shares are undervalued, and the reinvestment opportunities into the company are not as attractive. On that note, let’s check out three businesses picked at random that have repurchased their shares so far during the week, as of market open today. SATS Ltd (SGX: S58) SATS is a provider of food solutions and gateway services solutions. Under the food solutions business, it provides services such as in-flight catering and institutional catering. Under the gateway services solutions segment, it is involved in ground handling, security services, and baggage handling, among other functions. On 9 and 11 October 2018, the company repurch

SATS Ltd (SGX: S58) is a company providing food solutions and gateway services solutions. The Food Solutions covers airline catering, food distribution, industrial catering whereas Gateway Solutions is involved in ground handling services of passengers, flights and cargo. In my previous article here, we learned about SATS’ revenue streams in 2018. In this article, we will try to understand the other part of the equation — cost. Below is a quick breakdown of SATS’ latest cost structure: Source: SATS’ 2018 Annual Report To start with, we can see that staff costs are by far the biggest cost component in FY2017-18. A significant portion of staff costs, in addition to other costs like depreciation and amortisation, premise and utilities, and licence fees, is generally fixed in natu

Top 30 in my portfolio: No. STOCK NAME No.of SHARES PORTFOLIO% MARKET $ 1SGX5,00011.387.372SATS4,0006.455.223UOB7476.2527.084CapitaLand Mall Tr9,0006.172.225SPH6,0005.322.876OCBC Bank1,4385.0811.447AIMSAMPI Cap Ind R10,0004.321.408Starhub7,0004.041.879Suntec Reit5,8003.461.9310Keppel Corp1,6003.446.9611CDL HTrust6,8003.361.6012FCT4,7003.302.2713SingTel3,1903.193.2414Keppel DC Reit7,4003.131.3715ParkwayLife Reit3,6003.002.7016SPH Reit8,5002.631.0017Starhill Global Reit12,0002.580.69518Mapletree Com Tr4,8002.391.6119Frasers Com Tr4,9872.251.4620CapitaLand2,0002.083.3721Frasers L&I Tr6,0001.981.0722Bukit Sembawang1,0001.785.7723Sembcorp Indust1,8001.723.0924Ascendas Reit2,0001.632.6425Keppel InfraTr9,0001.380.49526SIA Engg1,5001.372.9527Frasers Property1,8000.941.6928Cache Log T

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

Decided to update my portfolio as well as dividend payout, for easier reference. Dividend by month1) singtel2) fcot sgx  starhillg fct sphreit cmt fortune capitaretail capitacom mit suntec3) spost  taisin lippo nam lee5) fcot steng sgx  uob sph starhillg fct sphreit cmt cdg hcg lippo Singre teckwah mit sci suntec bumi hlf ums6) tcil ocbc7) singpost ums8) fcot singtel  plife  suntec ocbc  starhillg sci steng fct singpost sphreit cmt lippo  ock fortune  capitacom  siaen mit sats uob cdg sci9)   hlf teckwah bumi singre capitaretail10) sgx ums tcil11) fcot taisin sgx spost  starhillg fct cmt lippo siaen mit suntec12) sph ksh ock sats netlink umsRemarks:Added more sgx, sph, hlf, singpost, lian beng last month.  Overall,n

Singapore’s Straits Times Index (SGX: ^STI) plays host to 30 of the largest companies in the Lion City. But one company has beaten the market’s returns by over two times in the last three years. Airline caterer SATS Ltd (SGX: S58) delivered total returns of 30% over the period, a performance that is two times better than the STI, which posted 14% in total returns over the same period. Let’s take a closer look at the company’s performance over the past three years. A Closer Look SATS is a leading provider in gateway services and food solutions. The airline caterer has increased its revenue from S$1.69 billion in the financial year ended 31 March 2016 (FY15/16) to S$1.72 billion in FY17/18. Despite the meagre revenue growth, net income increased by a compound annual grow

Share buybacks can be a sensible thing to do when a company’s shares are undervalued. On that note, let’s look at three companies that are part of the Straits Times Index (SGX: ^STI) that have repurchased their shares thus far during the week, as of market open today. City Developments Limited (SGX: C09) City Developments Limited, or CDL for short, is a Singapore-based property and hotel conglomerate with a network covering 100 locations in 28 countries and regions. On 17, 18 and 19 September 2018, the property outfit bought back a total of 300,000 shares at a price range of between S$8.70 and S$8.94 per share. The total cost came up to around S$2.65 million. CDL embarked on its inaugural share buyback exercise last month. Shares in CDL closed at S$8.84 each on Thursday. The price g

Thought I would share something that is possibly novel in the personal development. This comes after thinking about my own hobbies or interests which played a majored role in many of my personal successes today.I define a Safe Channel for personal development as some means to develop skills and competencies away from society's judgmental eyes. This can come in the form of a hobby or personal interest.There are three components to having a safe channel.The channel must develop some kind of useful skill through a regime of deliberate practice.  The second component is that no external party should assess your proficiency in this skill - you shouldn't need to feel that you need to attain a grade when you are in a safe channel.  The third is that developing this skill must be primari

Singapore’s Straits Times Index (SGX: ^STI), which hosts 30 of the largest companies in Singapore, has fallen by over 8% since the start of the year. But it’s not all doom and gloom. If we lengthen our horizon from months to years, we will see that a good number of STI companies have actually done quite well. In fact, a recent SGX report revealed that the top five performing companies in the index had returned over 77% on average over the past three years. Let’s have a look at the select quintet (data as of 30 August 2018): 1. Venture Corporation Ltd (SGX: V03) shares has delivered a stunning 154% return over the last three years. Founded in 1984 as a global electronics provider, Venture Corporation now sees itself as a global provider of technology solutions, products

In the current risk-off environment, we continue to highlight four defensive yield plays that safe haven seekers should invest in. Investors Takeaway: Seek Safe Haven With These 4 Defensive Dividend Plays Mapletree North Asia Commercial Trust With the addition of the Japanese assets to its portfolio in 1Q19, OCBC believes that Mapletree North Asia Commercial Trust has built a better portfolio mix. OCBC thinks that Japanese properties complement its other assets, given its longer weighted average lease expiry and lower borrowing costs in Japan on moderate growth prospects. This provides increased stability to Mapletree North Asia Commercial Trust’s unitholders. Post-acquisition, distribution per unit for Mapletree North Asia Commercial Trust grew at a smaller magnitude of 1.6 percent

Out of the universe of Singapore-listed companies that reported 2Q18 earnings, 29 percent bested UOBKH’s expectations. This is almost double of last quarter’s 15 percent, which makes 2Q18 one of the highest level of beats since 4Q16. In this article, we dive into the sector analysis of some of the top performing and underperforming sectors in 2Q18. UOBKH SG Report Card: How Did Each Sector Fare? Banks: Solid Performance But Outlook Affected By Uncertainty The banks managed to deliver solid earnings result in 2Q18. However, OCBC came out on top of DBS in this quarter by beating expectations. DBS uncharacteristically fell marginally below expectations but still managed to deliver on net interest margin (NIM) expansion. In that aspect, OCBC was still lagging behind with some catching u