Author: The Fifth Person

Singapore REITs Hit 5-Year High in Distribution Yield Amid Market Slump

I recently came across a Thomson Reuters article that reported Singapore REITs have hit a five-year high in distribution yield. Their analysis of 14 REITs showed the median dividend yield was 6.7% at end-January — the highest since at least April 2011. According to Thomson Reuters: “The yield trend offers a timely reminder of the lingering allure of investments tied to brick-and-mortar such as REITs, which typically provide stable income streams, at a time when investors are on a knife-edge amid global market turmoil and fears about the health of banks and the broader economy.” I decided to a...

Read More

Nestle’s FY15 Net Profit Up at RM591 million, Pays RM1.30 Dividend

Nestle (M) Bhd’s fourth quarter net profit rose 2% to RM99.79 million from RM98.3 million a year earlier. The food and beverage manufacturer said profit rise came on revenue growth during the fourth quarter ended Dec 31, 2015 (4QFY15). In a statement to Bursa Malaysia today, Nestle said revenue was higher at RM1.2 billion versus RMI. 11 billion on domestic and export sales. “From profit perspective, gross profit increased from RM377 million to RM460 million, a growth of 21.9% vs the corresponding period last year. Main drivers for this good profit development were the turnover increase, favourable trends in most of the raw materials, as well as diligent cost management throughout the...

Read More

Keppel Corporation: 5 Important Things You Need to Consider Before You Invest

Keppel Corporation (SGX: BN4) is one of the largest conglomerates in Singapore and one of the world’s largest builders of offshore oil rigs. In normal times, the latter point would be a cause for admiration, but with oil prices plunging over 70% from its 2014 peak, companies in the oil & gas industry are facing challenging times – and Keppel is no different. Chart: Financial Times Keppel’s share price has fallen from a high of $11 in July 2014 to $5.30 (as at 22 Feb 2016) – a 52% drop. When share prices fall so drastically, it’s easy to...

Read More

Take Long-term View on Wilmar, Kuok Tells Investors

Investors should focus on Wilmar lnternational’s overall business vision, instead of fluctuations caused by commodity cycles and other market hiccups, says Kuok Khoon Hong. Kuok was practically chiding the room full of analysts and reporters who showed up for the company’s earnings briefing, after headlines this morning zeroed in on the dip in the group’s full year earnings. The chairman and CEO of Wilmar International says the group is on its way to become one of the biggest players in the global food industry, given the breadth and scale of its operations across Asia. Wilmar’s interests span oil palm plantations to sugar milling, soybean processing and sales...

Read More

Wilmar’s FY2015 Earnings Fall 8.6% on Foreign Exchange Losses

Wilmar International reported an 8.7% decline in earnings to U SSI .1 billion ($1.55 billion) for FY2015. Core net earnings, which exclude non-operating items, fell 4.4% to Sl.2 billion for the financial year to December, primarily due to foreign exchange losses. Group revenue declined 10% to $38.8 billion, due to lower commodity prices. However, this was offset by the strong growth in sales volume and higher margins. The tropical oils segment recorded a 4% decrease in sales volumes to 23.5 million MT, which resulted from lower crude palm oil prices, weak demand and lower margins, despite the 4% improvement in production yield to 21.4MT per hectare....

Read More

5 Important Factors You Need to Consider Before You Invest in Any REIT

If you’re looking for passive income, then investing in stocks that pay you a stable and growing dividend is something that you need to keep your eye open for. In that vein, REITs are great investments if you plan to invest for stable, passive income. Why so? Firstly, REITs (or real estate investment trusts), as their name suggests, invest in real estate. And in land-scarce Singapore, property in general makes for a great long-term investment. Our country is also safe, politically stable, and well run (although some of us would disagree!) which means the value of our real estate...

Read More

StarHub Posts Stable Earnings of $372.3 million for FY2015

StarHub posted earnings of $372.3 million for FY201S, a marginal increase from the $370.5 million reported in FY2014. Revenue rose 2.4% to $2.4 billion, with the 34.5% increase in equipment sales to $228.3 million, despite the 0.1% dip in service revenue to $2.2 billion. Mobile revenue decreased 0.6% to $1.2 billion for the full year to December, on the back of lower prepaid and roaming revenue, and broadband revenue was 0.8% lower at $200.3 million. Pay TV service revenue grew 0.3% to $391 million, and fixed network service revenue was $6.6 million higher, arising from its data & internet services. For the full year, revenue from equipment...

Read More

How One Ginger Chicken Dinner Made Me 64% Returns in Soup Restaurant Group Ltd

Most Chinese food lovers in Singapore would probably know of Soup Restaurant — a Chinese restaurant that sells a popular dish called Samsui Ginger Chicken. In the 1920s-40s, Samsui women referred to a group of Chinese immigrants who came to Singapore in search of construction and industrial jobs. Due to poverty, they consumed a traditional dish, ginger chicken, only during Chinese new year. Today however, with our increased standard of living, it’s common to consume this dish any day. Photo: Soup Restaurant And so it was that I had my first taste of Samsui ginger chicken at Soup Restaurant...

Read More

Singtel Reports 1.7% Fall in 3Q Earnings to $953.5 Million

Singapore Telecommunications reported 3Q earnings inched down 1.7% to $953.5 million versus $969.8 million last year. However, in constant currency terms, net profit would have increased 6% if adjusted for a one-off tax credit last year and the impact from Trustwave acquired in September. For the three months to December, operating revenue came in slightly higher at $4.47 billion versus $4.43 billion a year ago. SingTel says the consumer business in both Singapore and Australia delivered strong EBITDA growth during the quarter. In Singapore, mobile data growth remained strong as post-paid customers traded up to higher-tier plans with 26% exceeding their data bundles while...

Read More

Silverlake Axis Posts 7% Fall in 2Q Earnings to $22.4 million

Silverlake Axis, the provider of software to the banking and finance industries, posted a 7% fall in 2Q earnings to RM66.6 million ($22.4 million) from a year ago. The weaker bottomline was the result of a 61 % decline in the share of profit of associates and a joint venture to RM1.6 million and an increase in income tax expenses to RM17 million. Revenue for the three months to December rose 44% rise to RM179 million. Sales from maintenance and enhancement services grew 39% to RM92.7 million while sales from software project services more than doubled to RM36.1 million. Software licensing sales fell 13% to RM28.9 million....

Read More

7 Things I Learned from F&N’s FY2015 AGM

In August 2015, F&N sold their 55% stake in Myanmar Brewery Limited to Myanma Economic Holdings for US$560 million and realized a net gain of US$542 million. Interestingly, Myanma Economic Holdings resold Myanmar Brewery to Kirin Holdings for the same amount of US$560 million the same month! The deal had many investors scratching their heads. The only reason I can think of for the transaction is a political one but I shall not elaborate further and leave you to ponder about it ;) So with F&N divesting their stakes in Asia Pacific Breweries in 2012 and Myanmar Brewery in 2015,...

Read More

4 Personal Finance Tips That Will Change the Way You Think About Money

Personal finance is 80 per cent psychology. The maths behind it is simple and all you need is what you learned in primary school: Don’t spend more than you earn, find the cheapest loan, etc. A child could understand it. What’s difficult is cultivating the willpower and motivation to follow through on common sense rules. Here’s how to do it: #1 Think of making money as a form of care If you think of making money in materialistic terms (e.g. I want to own a mansion, I want to own a fleet of cars) you will often lack the willpower and...

Read More

SingPost Sees 3Q Earnings Inch Up 0.6% to $43.5 million

Singapore Post posted a 0.6% increase in 3Q earnings to $43.5 million from a year ago. Revenue for the three months to December rose 32% to $31 & 18 million. For the nine months to December, earnings increased 17.6% to $143.5 million. This came on the back of a 24.3% increase in revenue to $834 million. The increase in revenue was lifted by the continuing expansion of SingPost’s e-commerce and logistics activities, as well as contributions from new units. E-commerce-related revenues rose 53% and made up 33.4% of group revenue from 27.1% in the previous year. Meanwhile, overseas revenues increased to 41.9% of group revenue in...

Read More

Neo Group: How I Made 80.7% Returns in Seven Months

I made an 80.7% return in seven months investing in Neo Group when I chanced upon the company when reading the newspaper.  This is a classic example of being observant and being able to spot potential investment ideas as you go through the activities in your daily life. Neo Group caught my eye because they posted a 293.6% gain in net profit for 1H2014. I have a habit of being curious when a company suddenly posts a huge gain in their quarterly report. I wanted to find out what caused the jump in profits and, more importantly, whether it...

Read More

SIA Engineering Posts 6.7% Rise in 3Q Earnings to $49.4 million

SIA Engineering Group posted earnings of 949.4 million for 3Q, an increase of 6.7% from a year ago. This was mainly due to an increase in share of profits, boosted by one-time gains, from its associated and joint venture companies. For the three months to December, revenue grew 3.7% to $257.2 million lifted by higher fleet management and line maintenance revenue. Expenditure increased at a lower rate of 2.2% to $246.2 million, with increases in material and staff costs mitigated by decreases in other expenses. As a result, operating profit increased 19.3% to $29 million. Share of profits from associated...

Read More

Like us on Facebook

Follow us on Twitter