Author: The Fifth Person

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...

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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...

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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...

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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...

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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....

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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,...

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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...

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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...

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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...

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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...

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3 Reasons Why Oil Prices Have Fallen over 70% and the Winners & Losers from the Oil Plunge

In this article, we are going to look at the causes behind the 74% plunge in oil prices from a peak of $106.78 per barrel in June 2014 to a low of $27.10 on January 20. In order to give you an “appreciation” of the oil plunge, let’s have to look at the chart: Source: Trading View As oil prices declined, there have been numerous predictions that prices will recover in the past 18 months. However, we had not seen a meaningful recovery. The nearest we had was the double-bottom recovery in early 2015 as the US experienced a...

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5 Things I Learned from Wing Tai Holdings’ AGM

Units at two luxury properties owned by Wing Tai Holdings, Nouvel 18 and Le Noveul Ardmore, remain largely unsold and the company has to pay for qualifying certificate (QC) charges if it fails to sell them. Extension charges amounting to $14 million due April this year for Noveul Ardmore will slap the company’s FY2016 bottom line. For Nouvel 18, it will affect the company’s financial performance in FY2017 if the government’s policy on QC charges remains unchanged. A concerned shareholder wanted to know what the company’s plans were for dealing with the QC charges and everyone at the AGM...

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2 ETFs to Watch as Hang Seng Index Falls Below its Net Asset Value

As you might know, market turmoil in China is currently affecting stock markets everywhere and one of the hardest hit markets right now is just next door to the Middle Kingdom — Hong Kong. Amid a Chinese economic slowdown, the Hang Seng Index has plunged 35% from its April peak when it crossed below 19,000 last week which caused the index to fall below its net asset value for the first time since 1998 during the Asian financial crisis. In comparison, the S&P 500 currently trades at a price-to-book ratio of around 2.5. The Hang Seng’s PE ratio is also at one of its lowest...

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10 Things I Learned from Starhill Global’s AGM

If you’ve been following the news, you would probably be aware that the property market in Australia is heating up as foreign buyers are entering the country. As a matter of fact, Starhill Global REIT has three assets in Australia. Two of them are located in Perth — David Jones Building and Plaza Arcade and the newly acquired property, Myer Centre, located in Adelaide. At its most recent AGM in October 2015, Starhill Global pointed out that the trust is looking at further opportunities in the Australian market. A shareholder expressed his concern when questions were open to the...

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The Psychology of Market Cycles

As global markets tumble due to worries about China’s economy and ailing stock market, it’s easy to get caught up with your emotions when stock prices fall drastically. This infographic sums up best the roller coaster of emotions many investors face when markets go through their ups and downs: Source: The Cheat Sheet Before you get caught up in the panic, remember that the best time to invest in a good stock is during a crash when prices are low and now might be a good a time as any. As Warren Buffet famous quote goes: “Be fearful when others are greedy...

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