Author: The Fifth Person

17 things to know about Dialog Group before you invest

Dialog Group Berhad is a leading integrated technical services provider for the oil & gas and petrochemical industry in Malaysia. It was founded in 1984 by its executive chairman, Tan Sri Dr Ngau Boon Keat who has amassed more than 45 years of invaluable experiences in both the oil & gas and petrochemical industry. Under his leadership, Dialog set itself apart from most listed oil & gas companies in Malaysia as it remained highly profitable and maintained a healthy balance sheet despite the huge volatility in crude oil prices. As I write, it is worth over RM17 billion in...

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10 things I learned from the 2018 Lippo Malls Indonesia Retail Trust AGM

Lippo Malls Indonesia Retail Trust (LMIR) is a REIT that owns 30 retail malls and spaces in Indonesia. Its properties have a total net lettable area of 910,582 square metres and combined annual shopper traffic of over 160 million people. As at 31 December 2017, its property portfolio is valued at Rp19.5 trillion (approximately S$1.8 billion). I attended LMIR’s 2017 annual meeting where the REIT posted a impressive set of results for the past year. However, LMIR’s share price recently plunged over 20% from 38 cents to 32 cents after it released an announcement that new tax regulations in...

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6 things I learned from the 2018 UOB AGM

United Overseas Banks Limited (UOB) is a leading bank in Asia with a global network of more than 500 branches and offices in 19 countries and territories in Asia-Pacific, Europe, and North America. As of 31 December 2017, UOB has a total asset of $359 billion. Chairman Emeritus Wee Cho Yaw stepped down as a director after being at the helm of UOB for six decades. He believes that the management will continue to remain prudent in steering the bank forward and act in the long-term interest of shareholders. Along with Mr Wee, Hsieh Fu Hua also stepped down...

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11 things to know about UOB before you invest

In 1935, Wee Kheng Chiang founded United Chinese Bank together with six partners after raising $1 million. At that time, it was established mainly to cater to the financial needs of the local Hokkien community in Singapore. In 1965, the bank changed its name to United Overseas Bank (UOB) and has kept its name ever since. Today, UOB operates a global network of over 500 branches and offices in 19 countries worldwide. The bank is now the third largest financial services group in Southeast Asia (after DBS Group and OCBC) and is worth S$48.5 billion in market capitalization. In...

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12 things to know about OCBC Bank before you invest

Formed in 1932, Oversea-Chinese Banking Corporation Limited (OCBC) operates in Singapore, Malaysia, Indonesia and Greater China and has more than 610 branches and offices in 18 countries. Today, OCBC is the second largest financial services group in Southeast Asia (after DBS Group) and worth over S$56 billion in market capitalization. In this article, I’ll bring an overview of OCBC’s performance over the last 10 years, the current risks it faces, and its outlook in the near future. Here are 12 things you need to know about OCBC before you invest. 1. OCBC has achieved a CAGR of 12.6% in...

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10 things to know about DBS Group Holdings before you invest

DBS Group Holdings Limited is the largest financial services conglomerate in Southeast Asia and also currently the largest company listed on the SGX.  DBS was set up by the Singapore government in 1968 to take over the industrial financing activities from the Economic Development Board. Today, DBS has operations in 17 countries and over 280 branches in Asia including Singapore, China, Hong Kong, Taiwan, India, and Indonesia. As I write, DBS is worth as much as S$73.6 billion in market capitalization. In this article, I’ll bring a detailed account of DBS’s remarkable achievements thus far, the risks it faces...

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7 things I learned from the 2018 Keppel DC REIT AGM

Keppel DC REIT is an industrial REIT that owns 14 data centres in 10 cities across eight countries including Singapore, Malaysia, Australia, Germany, Ireland, Italy, the Netherlands, and the UK. As at 31 March 2018, Keppel DC REIT’s assets under management (AUM) totalled $1.66 billion. Previously, I attended the 2017 annual general meeting of Keppel Telecommunications & Transportation (Keppel T&T) which is the sponsor of Keppel DC REIT. This time around, we decided to attend Keppel DC REIT’s annual meeting and find out more about the REIT’s past year’s performance and its outlook for year ahead. Here are seven...

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7 things I learned from the 2018 Q&M Dental Group AGM

Q&M Dental Group Limited is a private dental healthcare service provider established in 1996. Starting from a single-chair dental clinic over twenty years ago, the group now has a total of 70 dental outlets and four medical outlets in Singapore, 14 dental outlets in Malaysia, and one dental outlet in China. I attended Q&M Dental Group’s annual general meeting to find out more about the company’s past year performance and its outlook for the year ahead. Here are seven things I learned from the 2018 Q&M Dental Group AGM. 1. Revenue decreased 20.3% from S$154.9 million in 2016 to...

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How to invest in Malaysia: A practical guide for beginners

Before this resource on how to invest in Malaysia came about, we did a simple guide on how to start investing in Singapore some time back, which proved to be a great resource for Singaporeans who wanted a quick and easy way to get up to speed on how to invest in Singapore. So now we decided to do the same for our Malaysian readers and create a similar resource on how to invest in Malaysia. We’ve compiled a list of our best articles that will guide you step-by-step on what you need to do to start investing today....

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8 things I learned from the 2018 CapitaLand Mall Trust AGM

CapitaLand Mall Trust (CMT) is the largest retail REIT in Singapore. It owns/co-owns 16 retail malls in Singapore, many of which are familiar to locals including Plaza Singapura, Junction 8, Bugis Junction, Bugis+, Bedok Mall, and Tampines Mall. As at 31 December 2017, CMT’s property portfolio is valued at $8.7 billion. Since it first listed in 2002, CMT has always been the ‘preeminent’ retail REIT in Singapore with its high-quality malls in great locations around Singapore. I attended the CMT’s annual meeting to evaluate its past year’s performance and its outlook ahead. Here are eight things I learned from...

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6 things I learned from the 2018 Ascott Residence Trust AGM

Ascott Residence Trust (Ascott REIT) is a hospitality REIT that owns a portfolio of 75 serviced residences and rental housing properties in 38 cites and across 14 countries in Asia-Pacific, Europe, and the United States. As of 31 December 2017, the company has a total of 11,861 apartment units valued at $4.9 billion. Curious about the accommodation segment of the hospitality industry, I decided to attend Ascott Residence Trust’s annual general meeting to find out about the company’s past year performance and its outlook for the year ahead. Here are six things I learned from the 2018 Ascott Residence...

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7 things I learned from the 2018 Suntec REIT AGM

Suntec REIT is a Singapore-listed office and retail REIT. It currently owns/co-owns four properties in Singapore (Suntec City, One Raffles Quay, Marina Bay Financial Centre, 9 Penang Road), two properties in Melbourne (Southgate Complex, 477 Collins Street) and one property in Sydney (177 Pacific Highway). As at 31 December 2017, its property portfolio was valued at $9.4 billion. Suntec REIT is currently on our watchlist, and I attended the annual general meeting to evaluate its past year’s performance and its plans for the year ahead. Here are seven things I learned from the 2018 Suntec REIT AGM: 1. Gross...

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10 things to know about United Plantations before you invest

Question: How is the palm oil industry going to perform in 2018? I believe there are two different approaches to answering the question above. Firstly, for most, the follow-up question is: “Where would the price of crude palm oil be in the next 6-12 months?” A higher crude palm oil price would see palm oil companies benefiting from higher sales. This seems logical but this view is short-term and involves speculating on an event (a rise in crude palm oil prices) which may or may not happen in the near future. Secondly, for savvy investors, their focus is not...

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Hatten Land: 4 risk factors you need to watch out for

In my previous article, I covered eight long-term growth drivers Hatten Land has in its favour and why the stock is in my portfolio. But as with any investment, there are always risks to consider. It is financially dangerous to invest in anything without exploring the possible downside. So in this article, I want to balance the views I shared in my first article and list four risk factors you need to know about Hatten Land: 1. Prolonged recession and counterparty risk A prolonged recession will impact Hatten’s financial position, and potentially compromise the integrity of its sale-and-leaseback scheme....

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Hatten Land: 8 reasons why this property developer is in my portfolio

Hatten Land is a property developer focused on developing residential, hospitality and commercial real estate predominantly in the state of Malacca. Hatten Land listed on the SGX Catalist board on 28 February 2017 at 29.5 cents per share. Since its listing, however, Hatten Land’s share price has fallen over 40% to 17.5 cents (as at 11 April 2018). The company also posted a RM74 million loss in its most recent quarter (albeit mainly due to large one-off expenses). Despite its tumbling share price and recent quarterly loss, I’ll explain why Hatten Land is still in my portfolio and remains...

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