Browsed by
Category: Featured

EC World REIT’s 2Q and 1H FY2020 Results – A Key Summary and My Thoughts (as a Unitholder) (Guest Post)

EC World REIT’s 2Q and 1H FY2020 Results – A Key Summary and My Thoughts (as a Unitholder) (Guest Post)

Pure-play China specialised logistics and e-commerce logistics REIT EC World REIT (SGX:BWCU) released its second quarter and half-year results for the financial year 2020 ended 30 June 2020 last Friday (07 August) evening.

ec-world

This post was originally posted here. The writer, Lim Jun Yuan is a veteran community member and blogger on InvestingNote, with username known as ljunyuan and has 1241  followers.

As a unitholder of the REIT, I have studied its latest set of results in detail and in this post, you will find the most important aspects of the REIT’s results to take note of, along with my thoughts about it (for sharing purposes):

Key Financial Results (2Q FY2019 vs. 2Q FY2020, and 1H FY2019 vs. 1H FY2020)

In this section, you will find a quarter-on-quarter (q-o-q) as well as a year-on-year (y-o-y) comparison of the REIT’s financial results:

2Q FY2019 vs. 2Q FY2020:

2Q FY2019 2Q FY2020 % Variance
Gross Revenue
(S$’mil)
$23.7m $28.2m +18.8%
Property Operating
Expenses (S$’mil)
$2.6m $2.4m -8.0%
Net Property
Income (S$’mil)
$21.2m $25.8m +22.1%
Distributable Income
to Unitholders
(S$’mil)
$12.3m $11.1m -9.5%

In SGD terms, the REIT’s gross revenue and net property income went up by 18.8% and 22.1% respectively, while in RMB terms, its gross revenue and net property income saw improvements by 19.0% and 22.3% on a q-o-q basis – this is due to contributions from Fuzhou E-commerce which was acquired in August 2019, along with organic rental escalations.

Distribution to unitholders, however, fell 9.5% q-o-q due to the REIT retaining 10% of the distributable income.

1H FY2019 vs. 1H FY2020:

Read More Read More

The Symmetrical Triangle Trading Strategy Guide (Guest Post)

The Symmetrical Triangle Trading Strategy Guide (Guest Post)

Have you ever traded the Symmetrical Triangle chart pattern? If you did, then you know it’s not as easy as it seems.

1-symmetrical-triangle-17-nov-17-1024x451

This post was originally posted here. The writer, Rayner Teo is a veteran community member and blogger on InvestingNote, with username known as Rayner and has 457 followers.

For example:

You might have thoughts like…

Should I trade the breakout of the Symmetrical Triangle or do I wait for a pullback?

Where should I put my stop loss so the market doesn’t hunt my stops?

How do I know which direction the Symmetrical Triangle break out?

Now if you face any of those issues, don’t worry.

Because in today’s lesson, you’ll have the answers to these questions (and more).

OK, let’s get down to business…

Read More Read More

SEMBCORP DEMERGER DEAL PASSED. WHAT IS TEMASEK PLAN NOW? (Guest Post)

SEMBCORP DEMERGER DEAL PASSED. WHAT IS TEMASEK PLAN NOW? (Guest Post)

In today’s Sembcorp group EGM, the Sembcorp demerger was duly passed, including the critical whitewash which Sembcorp Marine minorities have the final say. It was being approved by a resounding 88% of shareholders who participated in the voting process.

64c5a0d7199c49d115af1461699ab4dcThis post was originally posted here. The writer, Royston Tan is a veteran community member and blogger on InvestingNote, with username known as Royston_Tan.

With that, the demerger between Sembcorp Industries and Sembcorp Marine has been formalized. Sembcorp Marine will be separated from its parent Sembcorp Industries which currently holds about 61% shareholding stake of the former.

Read More Read More

Key Summary from UOB’s 2Q and 1H FY2020 Results (Guest Post)

Key Summary from UOB’s 2Q and 1H FY2020 Results (Guest Post)

Along with DBS Group Holdings, United Overseas Bank (SGX:U11) also released its results for the second quarter and first half of the financial year 2020 ended 30 June 2020 yesterday morning before trading hours.

7 more UOB branches in shopping malls and retail areas to reopen ...

This post was originally posted here. The writer, Lim Jun Yuan is a veteran community member and blogger on InvestingNote, with username known as ljunyuan and has 1241  followers.

As a shareholder of the Singapore bank, I have studied its latest update in detail and in today’s post, I will be sharing with you the most important aspects to take note of, my personal thoughts (about the bank’s latest results), along with important information about the bank’s dividends (both cash and scrip) to take note of (especially if you are a shareholder of the bank)…

Key Financial Results (2Q FY2019 vs. 2Q FY2020, and 1H FY2019 vs. 1H FY2020)

In this section, we will be looking at the bank’s key financial results both on a quarter-on-quarter (q-o-q) as well as on a year-on-year (y-o-y) basis:

2Q FY2019 vs. 2Q FY2020:

2Q FY2019 2Q FY2020 % Variance
Total Income
(S$’bil)
$2.58b $2.26b -12.5%
– Net Interest
Income (S$’bil)
$1.65b $1.46b -11.5%
– Net Fee &
Commission Income
(S$’bil)
$0.53b $0.45b -15.1%
– Other Non-Interest
Income (S$’bil)
$0.40b $0.36b -10.0%
Net Profit
(S$’bil)
$1.17b $0.71b -39.7%
Net Profit
Attributable to
Shareholders (S$’bil)
$1.17b $0.70b -39.8%

At one look, you can conclude that on a q-o-q basis, it was a weaker one for the bank.

Read More Read More

3 Little-Known Companies With Significant Share Buyback (Guest Post)

3 Little-Known Companies With Significant Share Buyback (Guest Post)

There was a revival in stock prices since the global collapse in prices during March. However, the recovery in stock prices were not even. Some industries such as Technology recovered faster than other traditional sectors such as engineering.

As a result, some companies took the opportunity to employ share buybacks. Share buybacks are usually administered as the companies feel that the stock prices are undervalued. The management of the companies usually have a better understanding of the finances and future results. Buybacks could be regarded as a confidence booster to the company’s future results.

We have scouted the SGX market and have identified 3 companies for your considerations.

#1 Singapore Shipping Corporation Ltd

This post was originally posted here. The writer, James Yeo is a veteran community member and blogger on InvestingNote, with username known as Smallcapasia and has 864 followers.

Singapore Shipping Corporation Limited (SSC) is well-established shipping group in Asia and listed on the main board of SGX. Its businesses include ship owning, ship management, shipping agency & Terminal Operations, and Logistics Services. SSC owns 6 vessels and charters it for the international market.

As of the latest annual report, SSC’s revenue decreased by 3.1% to USD 46.7 million. Its net profit decreased slightly by 10.9% to USD 9.2 million. Free cash flow came in at a healthy level of USD 11.4 million. As a result, cash balance of the company was at a high of USD 30.5 million. Results were slightly weaker due to the slightly weaker shipping market at the end of 2019.

SSC has been purchasing its shares back since 6th July 2020. In total it purchased 249,000 shares from the market. Total transactional value of all the shares amounted to $68,598 and share prices bought back were in the range of $0.25-0.26.

SSC last closed at $0.26, which values it at a P/E ratio of 8.46 and dividend yield of 3.85%.

Read More Read More

InvestingNote Feature Series – Virtual Investment Stock Portfolio

InvestingNote Feature Series – Virtual Investment Stock Portfolio

InvestingNote platform is designed with a myriad of features for investors to share investment ideas, track stock prices, stay updated with stock calendar and alerts, set up their own virtual investment stock portfolio.

portfolio-page

In today’s post, we will be sharing about the portfolio feature in the platform. You may find the portfolio button at the top navigation panel as shown below.

Read More Read More

Bearish Engulfing Pattern Trading Strategy Guide (Guest Post)

Bearish Engulfing Pattern Trading Strategy Guide (Guest Post)

Do you know why most traders lose money when trading the Bearish Engulfing pattern? It’s because they treat them all the same!

1-be-pattern-on-higher-htf-normal-retracement-on-ltf-pt-1-29-apr-16-1024x462

This post was originally posted here. The writer, Rayner Teo is a veteran community member and blogger on InvestingNote, with username known as Rayner and has 457 followers.

Here’s the thing:

You can have two identical Bearish Engulfing patterns but, one is a high probability setup and the other is to be avoided (like how you run away from a stinky ol’ skunk).

Why?

Because you must pay attention to the context of the market.

I know that’s not useful (like telling a blind man to watch his step).

That’s why I’ve written this trading strategy guide to teach you all about the Bearish Engulfing pattern — so you can trade it like a professional trader.

Then let’s get started…

Read More Read More

My Technical Analysis of the 4 Mapletree REITs (03 August 2020) (Guest Post)

My Technical Analysis of the 4 Mapletree REITs (03 August 2020) (Guest Post)

Today, I’d like to share my personal technical analysis on the four Mapletree REITs – namely Mapletree Commercial Trust (SGX:N2IU), Mapletree Industrial Trust (SGX:ME8U), Mapletree Logistics Trust (SGX:M44U), and Mapletree North Asia Commercial Trust (SGX:RW0U) – particularly, how their unit prices are likely to move in the near-term (based on a daily timeframe.)

image-107-min

This post was originally posted here. The writer, Lim Jun Yuan is a veteran community member and blogger on InvestingNote, with username known as ljunyuan and has 1241  followers.

$Mapletree Log Tr(M44U.SI)
$Mapletree NAC Tr(RW0U.SI)
$Mapletree Ind Tr(ME8U.SI)
$Mapletree Com Tr(N2IU.SI)

First and foremost, a very good Monday morning to you. We’re into the first working day of yet another new month. Hope you’ve had a great long weekend with your loved ones.

Before I begin, a disclaimer – whatever you may read in this post is purely for educational purposes only. They do not represent any buy or sell recommendation for any of the REITs. Please do your own due diligence before you make any investing/trading decisions.

With that out of the way, let’s begin…

Mapletree Commercial Trust (SGX:N2IU)

This blue chip REIT has a total of 6 properties in its portfolio, all located in Singapore – VivoCity, Mapletree Business City I and II, PSA Building, Mapletree Anson, as well as Merrill Lynch Harbourfront.

The following is the unit price movement of Mapletree Commercial Trust (on a daily timeframe) since April 2020:
Daily Unit Price Movement of Mapletree Commercial Trust (SGX:N2IU) since early-April 2020

As you can see from the above, since bottoming at S$1.46 in early-April, its unit price have recovered and moved along the green uptrend channel, where it peaked at S$2.23 in early-June before retreating.

Read More Read More

Our Recent Investment-Themed Webinars (July 2020)

Our Recent Investment-Themed Webinars (July 2020)

With the success of the Regional Investors Online Summit 2020, our team has been using webinars to provide investment talking points and live market commentaries for both audiences in Singapore and Malaysia.

webinar-blog

In Malaysia, we have launched the post-summit webinar series, which dwells deeper into some of the topics which KOLs have discussed during the summit. This series of webinars aim to help our Malaysian users gain an in-depth understanding about key investment topics.. Our previous webinar which covered on REITS attracted more than 200 live attendees from Zoom and Facebook.

Rewatch the webinar here: 如何利用REITs来赚取稳定的收入?

my-webinar-blog

In Singapore, monthly live market commentaries are held over zoom webinars to provide an insight of popular stocks, market movements and interesting trades to look out for in the coming months. This is often done in partnerships with KOLs as well as special guest appearances ranging from financial institutions to listed companies. Earlier this week, a webinar was conducted with Investment Specialist Dan Chang, with special guest Alvin Li, Vice President of Societe Generale where they shared about the market outlook for 2H 2020, live during trading hours.

Rewatch the webinar here: Live Market Commentary With Dan Chang

sg-webinar-blog

We’d be having more webinars frequently. Do check our website to stay up to date for more upcoming exciting webinars!

Facebook:

Investingnote Singapore

InvestingNote Malaysia

Become a part of our community and also see what other investors are saying about the current market right now: (click on the view now button)

button_view-now


InvestingNote is the first and largest social network for investors in Singapore. Find out more about us here.

Download our free app here:

apple   android

Also, join our telegram channel here: t.me/investingnoteofficial

We’re here to keep you in touch with the latest investing & stock-related news, happenings and updates!

Key Updates in Mapletree Commercial Trust’s Q1 FY2020/21 Business Update (Guest Post)

Key Updates in Mapletree Commercial Trust’s Q1 FY2020/21 Business Update (Guest Post)

After trading hours last Thursday (23 July), blue chip REIT Mapletree Commercial Trust (SGX:N2IU) released its business updates for the first quarter of the financial year 2020/21 ended 30 June 2020.

Mapletree Commercial Trust to buy Pasir Panjang business park for ... This post was originally posted here. The writer, Lim Jun Yuan is a veteran community member and blogger on InvestingNote, with username known as ljunyuan and has 1241  followers.

As the REIT switched to a half-yearly reporting from this financial year onwards, for the first and third quarter, it will only be posting a business update. Also, the REIT will be paying out a distribution to unitholders on a half-yearly basis (instead of on a quarterly basis in the past.)

With that, I will be highlighting some of the key pointers in the REIT’s latest business update to take note of (along with my thoughts to share):

Financial Performance (Q1 FY2019/20 vs. Q1 FY2020/21)

Q1 FY2019/20 Q1 FY2020/21 % Variance
Gross Revenue
(S$’mil)
$112.1m $100.3m -10.5%
Property Operating
Expenses (S$’mil)
$23.8m $21.5m -9.7%
Net Property
Income (S$’mil)
$88.3m $78.9m -10.7%

On one look, it was a weaker set of results for the REIT, which Chief Executive Officer Ms Sharon Lim attributed it to the 8-week circuit breaker, and the continued closure of most businesses during the first phase of Singapore’s re-opening from 02 to 18 June 2020.

Read More Read More