Author: The Fifth Person

11 things I learned from the 2017 AGM

Telecommunication companies are usually favoured by investors for their resilient business models and attractive dividend yields. However, over the past few years, industry prospects have become less appealing due to a maturing domestic market in Malaysia, slower growth, and downward pressure on earnings from heightened competition and increasing costs. In order to stay competitive and meet the changing trends in consumer demands (especially the demand for internet data), telcos are left with no other choice but to upgrade their infrastructure while improving their product offerings and service quality. Consequently, capex has risen significantly and affected profitability. For many years,...

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We’re sitting in a bubble right now – and most people don’t know it

The media has recently been reporting the huge rises in stock valuations of technology companies like Apple, Amazon, Nvidia, Alphabet and Microsoft. With the NASDAQ index pushing past its 2000 high, it has prompted many investors and pundits to question the rise and rise of tech valuations reminiscent of the dotcom bubble. There’s a stark difference between the craze at the start of the millennium versus today – valuations back then were backed by nothing but hot air. Companies being listed had no revenues, no profits but touted “new age” metrics like user clicks and saw their stock prices...

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12 things you need to know about Petronas Gas before you invest

Malaysia is blessed with an abundance in oil and natural gas. In 1974, Petroliam Nasional Berhad (Petronas) was established as the national custodian for the oil and gas resources in Malaysia. Since then, Petronas has grown into a multinational integrated oil and gas corporation with operations in 50 countries worldwide. In 2016, Petronas was ranked the 125th largest corporation (by revenue) on the Fortune Global 500. Presently, Petronas is a major direct shareholder of five companies listed on Bursa Malaysia. Individually, these five companies are worth in excess of RM5 billion in market capitalization. One of them is Petronas...

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9 things I learned from the Ascendas Hospitality Trust 2017 AGM

Ascendas Hospitality Trust (A-HTrust) owns a portfolio of 11 hotels in Singapore, Japan, China, and Australia. As at 31 March 2017, the portfolio was valued at S$1.6 billion. I previously attended A-HTrust’s 2016 AGM to find out more about the trust and its outlook on the hospitality sector. Last year, the Trust reported a drop in gross revenue and net property income due to currency losses and headwinds in the industry. The management had also just announced its partnership with Chinese hotel operator Huazhu Hotels Group to operate the trust’s Beijing hotels. I attended this year’s AGM to find...

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7 well-known brands you may not realise are Malaysian

Although it is not often publicized, Malaysia is home to many well-known regional and international brands. Many of these famous brands are owned by companies listed on Bursa Malaysia. Investors looking for great investment do not always have to sift through hundreds of annual reports. Very often, some of the best investments are right under our nose. All we have to do is to keep our eyes open, especially when we are shopping. Here are seven well-known brands you may not realize are actually Malaysian. 1. Bonia If you walk through most department stores, you will find a section...

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Do you have these 2 financial parachutes ready before you invest?

Have you ever skydived before? From what I hear from friends who’ve done it, skydiving is an exhilarating, once-in-a-lifetime experience. They talk about the excitement and anticipation you feel when you first board the place, not knowing what to expect. However, as the place takes off and slowly rises to 5,000, 10,000 and finally 15,000 feet, that same anticipation quickly turns to fear and trepidation. As the plane levels off, your instructor tells you it’s time to go. You gingerly approach the open door and the blood immediately drains from your face as you look at all that empty...

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Why SPH needs to restructure itself

The broad market apathy towards shares in Singapore Press Holdings belies the confidence with which the company is pursuing its next major property development project, and its solid track record in creating value in the real estate sector. The problem is that its core business remains newspaper publishing, which does not appeal to investors in the public market. The time may have come for a restructuring exercise that separates non-media assets from the group and sets its media division in a bold new direction as a privately held entity. SPH’s media business once generated reliable cash flows that it...

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12 things you need to know about Top Glove Corporation before you invest

The rubber glove is an indispensable item in today’s healthcare industry and global demand has risen steadily. In 2005, we consumed 110 billion pieces of rubber gloves. By 2016, the amount increased to 190 billion pieces. This is due to the rising demand for better healthcare and hygiene standards as a result of a growing aging population, the emergence of new health threats, and stringent health reforms and regulations,. Today, 63% of the world’s rubber gloves is supplied by Malaysia. This is unsurprising as Malaysia has plenty of rubber trees. Currently, the nation is the third largest producer of...

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Steady domestic demand to continue driving Singapore’s growth in 2017

The Institute of Chartered Accountants in England and Wales (ICAEW) is forecasting a higher gross domestic product (GDP) growth of 2.7% for Singapore this year, citing improved growth dynamics and the ongoing recovery in global trade. In its latest Economic Insight: South East Asia report, the institute notes that the outlook for Asean’s economy remains […]

The post Steady domestic demand to continue driving Singapore’s growth in 2017 appeared first on The Fifth Person.

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How saving just $11 a day can make you a millionaire

Before you think this article is a bunch of hyperbole, I want to say that, yes, it is possible to make a million dollars by saving just $11 a day. The only thing is… it won’t happen overnight. So if you’re looking for a silver bullet or some magical “get-rich-quick” scheme that will bring you eternal riches right now, you’ll have to look elsewhere (and I’m not sure if you’ll ever find it). But if you’re looking for a steady, no-frills, no-bull method of building your wealth and enjoying your golden years when it’s time to call it day, then...

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6 things I learned from the Tower REIT 2017 AGM

Tower REIT is a Malaysian office REIT with a portfolio comprising two prime commercial office buildings in the Klang Valley: Menara HLA and HP Towers. The combined total net lettable area (NLA) of the portfolio is 735,020 square feet. Menara HLA is a 32-storey office building (NLA of 396,820 square feet) situated in the heart of the Golden Triangle in Kuala Lumpur – the main central business district comprising prime office buildings, retail centres, and international class hotels. HP Towers comprises a nine-storey and 21-storey office building with a combined NLA of 350,056 square feet. The property is located...

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5 reasons why I invested in Carlsberg Brewery Malaysia

After investing for close to a decade now, I am starting to realize that when it comes to investing, “Less is more”. Sorry for sounding too philosophical but what I mean is this: Sometimes, it’s better to invest in companies with a simple-to-understand business model rather than digging deep into a complicated business like Noble Group Limited (SGX: CGP), hoping it might be an undervalued stock. I used to be an investor who liked the challenge of looking at complicated businesses and possibly finding hidden value I could take advantage of. However, over the years, I see myself looking...

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11 things we learned from Hektar REIT’s 2017 AGM

Hektar REIT is Malaysia’s first retail REIT. Its portfolio currently consists of five well-established neighbourhood and regional shopping centres situated around Malaysia in Subang Jaya, Melaka, Muar, Sungai Petani, and Kulim with a combined value of RM1.09 billion. Hektar REIT’s cornerstone investor is Frasers Centrepoint Trust, part of the Fraser & Neave Group, headquartered in Singapore. The REIT is managed by Hektar Asset Management Sdn Bhd, and was formed with a vision to develop world-class shopping centres for Malaysian consumers based on international best practices. 2016 was a significant year for Hektar REIT as it marked the tenth anniversary...

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10 things you need to know about Westports Holdings before you invest

Named after the Malacca Sultanate, the Strait of Malacca serves as one of the most important shipping routes in the world. It is strategically located between the Indian Ocean and the Pacific Ocean, linking major economies in East Asia to the Middle East, Africa and Europe. For centuries, nations who were rich and powerful colonized Peninsula Malaysia to monopolize this trading route. They include the Portuguese in the sixteenth century, the Dutch in the seventeenth century, and the British in the eighteenth to twentieth century. Today, the Strait of Malacca is the second busiest waterway in the world. It...

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8 things we learned from IGB REIT’s 2017 AGM

IGB REIT (Bursa: 5227) is a retail REIT that owns two prime properties strategically located in Klang Valley, Malaysia: Mid Valley Megamall and The Gardens Mall. Mid Valley Mall is Malaysia’s largest retail mall with a net lettable area (NLA) of 1.82 million square feet and 6.092 carpark bays. The mall is a one-stop destination for locals, out-of-state residents and tourists alike. The Gardens Mall is high-end retail mall that houses international luxury brands and is targeted towards expatriates and upper-income households from nearby affluent residential areas in Bukit Tunku, Bangsar, Damansara Height, Mont Kiara, Sri Hartamas, Seputeh, and...

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