Author: Value Invest Asia

Should We Invest In IJM Plantations Bhd After A 55% Drop?

cookie else condition Lately, I received a question: ‘IJM Plantations Bhd (IJMP) has dropped from RM 3.50 levels in 2016 to as low as RM 1.50 presently. Is this a good time to buy IJMP?’ Source: Google Finance To answer this question, I would be doing a post-mortem on IJMP, revisiting its fundamentals to find clues of its fall in stock prices. It is unusual for a stock that has good fundamental qualities to experience more than 50% dip in stock price over a short span of time. This comes from my own studies and observations of stock price...

Read More

Why Has DKSH Holdings Bhd Dropped 75%?

cookie else condition DKSH Holdings (Malaysia) Bhd I received a question as follows: ‘DKSH is ‘fundamentally’ a good stock. Why did its stock price continue to drop since 2014 to RM 2.25 a share presently?’ Source: Google Finance To answer this question, I have to first revisit its fundamentals to make sure its fundamentals are truly intact. From it, I should be able to find clues which lead to its continuous decline in stock price. Second, I would evaluate its investment potential based on its current stock price of RM 2.25 a share. Hence, here are 10 things to...

Read More

Is Hong Leong Industries Bhd Attractive To Investors Now?

Finally, Hong Leong Industries Bhd (HLI) has dropped below RM 10.00 a share, after being traded above RM 10.00 levels throughout the entire year 2018. As shown below, HLI’s current stock price is 26.8% below RM 12.22, its peak that was recorded on 25 May 2018. Source: Google Finance Often, I am more enthusiastic to know a price fall in a good stock as compared to a price hike. This is because it may potentially be a good opportunity to buy and accumulate shares of good companies at bargain prices. Before doing so, it is wise to perform a...

Read More

Is Capitaland’s $11 Billion Acquisition of Ascendas-Singbridge a Good Deal?

Capitaland Limited (Capitaland) announced its intent to acquire Ascendas-Singbridge (ASB), owner of a portfolio of mainly industrial and logistic properties from Temasek Holdings, in a deal worth around $11 billion enterprise value. This is certainly a blockbuster deal, going by the size of the transaction value, and by virtue that both Capitaland and ASB are major real estate players locally. It is a major expansion by Capitaland, which the management stated that it will create the largest diversified real estate group in Asia. Is this a good deal for existing shareholders of Capitaland, and how would it impact both...

Read More

Is DBS Group Holdings Ltd Better than Its Competitors?

cookie else condition Last week, as at 1 December 2018, I wrote an article on OCBC where I revisit its fundamentals and assess its investment potential with several valuation tools. I calculated the following for OCBC: Key Statistics (1 December 2018): Stock Price P/E Ratio PEG Ratio P/B Ratio Dividend Yield S$ 11.26 10.35 1.03 1.20 3.29% So, is this a good time to invest in OCBC? To answer this question, I would need to first compare OCBC with both DBS and UOB. Hence, I did a study on DBS and would like to share my findings in this...

Read More

Is Aeon Credit Service (M) Bhd A Stock For You?

cookie else condition Listed in 2007, Aeon Credit Service (M) Bhd (Aeon Credit) has established itself as a leading non-bank financial services provider in Malaysia. It provides a wide range of financing solutions such as easy payment schemes for the purchase of consumer durables, hires purchase schemes for the purchase of motorbikes and as well as personal financing schemes and issuance of credit cards in Malaysia. As at 13 December 2018, Aeon Credit is trading at RM 15.34 a share. Question: ‘Is this a good time to invest in Aeon Credit?’ Source: Google Finance Here, I’ll bring you an...

Read More

Is United Overseas Bank Limited A Better Investment Than OCBC?

cookie else condition Earlier this month, I wrote an article on OCBC where I had revisited its financial results and assess its investment potential with several valuation tools. I found: OCBC’s Key Statistics (1 December 2018): Stock Price P/E Ratio PEG Ratio P/B Ratio Dividend Yield S$ 11.26 10.35 1.03 1.20 3.29% I ended my article with a question: ‘Is this a good time to buy OCBC?’. I believe, the answer lies in a comparison between OCBC with both DBS and UOB. Hence, I did a study on UOB and would like to share my findings in this article....

Read More

Is SPH REIT Worth Investing In?

Listed on 24 July 2013, SPH REIT owns and derives income from two retail malls namely Paragon and The Clementi Mall. Lately, it has acquired The Rail Mall, an established retail strip located along Upper Bukit Timah Road. Combined, it has portfolio of a net lettable area (NLA) of 961,523 sq. ft. of retail spaces worth S$ 3.368 billion as at 31 August 2018. In this article, I’ll bring you an update on its latest financial results and its status on asset enhancement initiatives (AEI) works carried on its properties. Here are 8 things to know about SPH REIT...

Read More

Is CapitaLand Malaysia Mall Trust A Quality REIT?

On 12 December 2018, CapitaLand Malaysia Mall Trust’s (CMMT) stock price is trading at RM 1.02 an unit, the lowest in 5 years and a 28% drop from RM 1.42 an unit one year ago. Source: Google Finance So, should we buy CMMT? If you are interested to invest in CMMT because you opine that it is cheap, hold onto your horses. I think, it is wise to first do a post-mortem on CMMT to check out possible reasons for its fall in stock price and evaluate its abilities to make a comeback from this setback before investing into...

Read More

Will Starhill Global Real Estate Investment Trust Heading for a Rebound?

As I write, on 14 December 2018, Starhill Global Real Estate Investment Trust (SG REIT) is trading at S$ 0.68 per unit, the lowest over the last 5 years. Source: SG REIT’s Annual Reports Perhaps, you may ask: – What happened? What are the causes of its decline in stock prices? – Is SG REIT’s stock price a bargain today? or, – Should we dismiss SG REIT as an investment? In this article, I’ll revisit its fundamentals, provide an update on its latest results and introduce a handful of valuation metrics to evaluate SG REIT as a candidate for...

Read More

Is OUE Hospitality Trust A Falling Knife?

As I write, on 15 December 2018, OUE Hospitality Trust (OUE H-Trust) is trading at S$ 0.68 per unit, the lowest since its IPO listing in 2013. Source: Google Finance Evidently, it crashed as the stock price has tumbled from S$ 0.89 in January 2018 to its lowest currently. Similar price patterns have occurred on other REITs related to the Riady Family namely: OUE Commercial REIT, Lippo Malls Indonesia Retail Trust, and First REIT. It seems that they are affected by the downgrade in credit ratings of Lippo Karawaci, a leading property conglomerate in Indonesia. So, should we dismiss...

Read More

Is The Hang Seng Index A Falling Knife?

This Article was first published on 30th Nov 2018 on our Asia-In-Focus Newsletter. To get the latest newsletters, click here. Asia-In-Focus Nov 2018 Edition Is The Hang Seng Index A Falling Knife? Among all the major stock markets around the world, the Hang Seng Index would have to be among one of the worst performers this year. Source: Google Finance – Hang Seng Index YTD Performance The Hang Seng Index is the key stock market index for the Hong Kong market. It is a market-capitalisation-weighted index of the top 50 companies listed on the Hong Kong Stock Exchange. Even though the index tracks not...

Read More

Is CIMB Group Holdings Bhd Worth Investing In?

On 18 December 2018, CIMB Group Holdings Bhd (CIMB) is trading at RM 5.65 a share, 22.6% decline from RM 7.30 some 8 months ago. Source: Google Finance So, should we grab CIMB now? Or, should CIMB be dismissed? In this article, I’ll revisit its fundamentals, bring an update on its latest financial results and assess its investment potential with a handful of valuation tools. As such, here are 7 things to know about CIMB before you invest. #1: Asset Quality CIMB has expanded its portfolio of Loans, Advances, and Financing (LAF) assets by CAGR of 12.0% over the...

Read More

Should We Panic Over The Market Now?

This Article was first published on 30th October 2018 on our Asia-In-Focus Newsletter. To get the latest newsletters, click here. Asia In Focus Oct 2018 Edition Should We Be Panic Over The Market Now? How has the market been to you lately? If you have been invested in the stock market over the past few months, you might have noticed that your portfolio might not be doing that great lately. I have not done a full calculation but I think my portfolio fell close to 10% just this month. Should we start panicking now?Due to the increased market volatility, I am...

Read More

Is Suntec Real Estate Investment Trust or Mapletree Commercial Trust a Better Investment?

Suntec Real Estate Investment Trust (Suntec REIT) and Mapletree Commercial Trust (MCT) share quite a few similarities between them. They are both major REIT with a large market capitalisation of around $4.7 billion – so big that they occupy the two spots of Straits Times Index reserve list. Both are hybrid REIT that owns major shopping malls other types of real estate assets including office and business parks. As close industry peers, it makes an interesting case to compare and contrast their businesses in a bid to determine which is a better-quality company. Let’s take a closer look in this...

Read More

Like us on Facebook

Follow us on Twitter