Key Summary of Mapletree Commercial Trust’s 9th AGM for FY2019/20 Held on 22 July 2020 (GuestPost)

Key Summary of Mapletree Commercial Trust’s 9th AGM for FY2019/20 Held on 22 July 2020 (GuestPost)

Retail and office REIT Mapletree Commercial Trust (SGX:N2IU) held its 9th annual general meeting for the financial year 2019/20 ended 31 March 2020 via virtual means this afternoon, which I have attended as a unitholder.

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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.

It was a short-and-sweet meeting, lasting just slightly over 30 minutes. For the benefit of those who weren’t able to attend, you’ll find a summary of the presentation by Ms Janica Teo (Chief Financial Officer), and Ms Sharon Lim (Chief Executive Officer) which I’ve compiled in this post:

Financial Results (FY2018/19 vs. FY2019/20)

  • Gross Revenue: Up 8.8% to S$482.8m (FY2018/19: S$443.9m)
  • Property Operating Expenses: Up 9.0% to S$104.9m (FY2018/19: S$96.3m)
  • Net Property Income: Up 8.7% to S$377.9m (FY2018/19: S$347.6m), contributed by MBC II, which was acquired on 01 November 2019
  • Distribution to Unitholders: Down 7.9% to S$243.2m (FY2018/19: S$264.0m), due to the REIT retaining S$43.7m of distribution in the fourth quarter to better position themselves to deal with uncertainties relating to Covid-19
  • Distribution Per Unit: Down 12.5% to 8.00 cents/unit (FY2018/19: 9.14 cents/unit)

Debt Profile (FY2018/19 vs. FY2019/20)

  • Gearing Ratio: 33.3% (FY2018/19: 33.1%)
  • Interest Coverage Ratio: 4.3x (FY2018/19: 4.5x)

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How Covid-19 Has Changed The Whole Dynamic About F.I.R.E (Guest Post)

How Covid-19 Has Changed The Whole Dynamic About F.I.R.E (Guest Post)

The Financial Independence Retire Early (F.I.R.E) movement has for the past few decades thrived on the ability to act on whatever you like, whenever you want, wherever you are at the expense of not anyone but yourself who can make that decision.

This post was originally posted here. The writer, Brian Halim is a veteran community member and blogger on InvestingNote, with username known as 3Fs and has 2169  followers.

The unprecedented case of Covid-19 which we are currently living through has clearly changed the whole dynamic of retiring, which as part of a subset also includes retiring early.
For many white-collar workers, including myself, we’re dealing with actual work by working from home for an extended period of time for the first time in our lives.

I must say it has been a very refreshing and invigorating experience on its own having to deal with it rigorously for the past four months or so, even if it means sometimes having to pick up calls at 8pm or catch up on work during weekends.

It works extremely well for an introvert personality like mine and not for a single moment do I relish the old hate-smell of corporate attire of long sleeve shirt and shoes in such a humid country like Singapore.
Still, the appeal of working from home does not work well universally in consensus with everyone.

While some do appreciate the flexibility of working from home, you may find it a distraction if you are staying in an unconducive environment where you have children running around the house or neighbours that are staggering noisy. Others may also prefer a face to face interaction between colleagues when discussion about work and the frequent use of online tools may be disconcerting at some stage.

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Key Summary (and My Thoughts) on CapitaLand Mall Trust’s Q2 FY2020 Results (Guest Post)

Key Summary (and My Thoughts) on CapitaLand Mall Trust’s Q2 FY2020 Results (Guest Post)

Retail REIT CapitaLand Mall Trust (SGX:C38U) released its second quarter results for FY2020 ended 30 June 2020 this morning before trading hours.

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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 period of review (between 01 April and 30 June 2020) encompasses the 2-month circuit breaker period (between 07 April and 01 June 2020) implemented by the Singapore government to contain the spread of Covid-19 in the community, where a huge majority of retail shops were temporarily closed, and with retail rebates handed out by the REIT, as an investor of the retail REIT, I am mentally prepared for a significantly weaker set of second quarter and 1H results (compared to the same period last year.)

In this post, you will find key highlights you need to take note of (as a unitholder), along with my thoughts about the REIT’s latest set of results to share:

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Vote & Win Challenge! Now till 29th July

Vote & Win Challenge! Now till 29th July

How to Participate in this giveaway?

voting
1. Simply vote for your favourite DLC in this poll from now to 29th July.

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2. Stand a chance to Win $20 Capitaland vouchers! 3 winners will be selected by our team, on 30th July Thursday.

Get extra chances by:

✔ Commenting why you like that DLC you voted OR the DLCs not in this poll (+1 additional chance)

✔ Sign up for this upcoming webinar here: https://bit.ly/livemarketcommentarywithdan… (+1 additional chance)

T&Cs here: https://bit.ly/tncchall…

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)

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

Download our free app here:

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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!

Regional Investors Online Summit 2020 Event Recap

Regional Investors Online Summit 2020 Event Recap

Last month, our team achieved a major milestone in hosting Southeast Asia’s Largest Mandarin Regional Investors Online Summit 2020.

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InvestingNote was started in Singapore and soon became the first and largest community for active investors and traders.

Having recently expanded our operations into Malaysia. we’ve successfully hosted Southeast Asia’s largest mandarin virtual investment summit.

This was conducted in partnership with SGX as well as Key Opinion Leaders (KOLs) in Malaysia and Hong Kong.

Spanning from 1030am-3pm on a Saturday, the summit saw a whopping participation with close to 7,000 registered attendees, with Malaysians and Singaporeans making up the vast majority.

The first talk by panelists garnered close to 3,000 views during livestream! Subsequently, each speakers’ LIVE webinars were attended by attentive audiences.

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During the online summit, KOLs commented on global market movements, trading tactics and even views on REITs as well as dual-listed stocks to look out for.

Every talk had Q&A sessions where attendees could pose questions directly and have them answered by the speakers towards the end of the live stream.

This generated high levels of interactions and formed a closer relationship between attendees and speakers despite the summit being held online, in view of the current Covid-19 situation.

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We sincerely thank all our supporters, audiences, speakers and sponsors below for making this event a huge success.

Our Sponsors:

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Our Supporting Brokers:

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Our Media Partners:

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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)

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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!

The Complete Guide to Keltner Channel Indicator (Guest Post)

The Complete Guide to Keltner Channel Indicator (Guest Post)

The Keltner Channel is a simple but powerful trading indicator. It helps you better time your entries, improve your winning rate, and can even “predict” market turning points. And if you want to learn how to do it, then today’s post is for you.

But first…

What is a Keltner Channel and how does it work?

The Keltner Channel is an Envelop-based indicator (others include Bollinger BandsDonchian Channels, etc.).

This means it has an upper and lower boundary to help you identify potential “overbought and oversold” levels.

Note: The Keltner Channel used in this post is the modified version by Linda Rasche.

Now, the default Keltner Channel settings have three lines to it:

  • Middle Line: 20-period Exponential Moving Average (EMA)
  • Upper Channel Line: 20 EMA + (2 * Average True Range)
  • Lower Channel Line: 20 EMA – (2 * Average True Range)

You can think of the Middle Line as the mean.

And the Upper and Lower Channel Line shows you how far the price is away from the mean.

Here’s how it looks like…

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The Beauty of High Yield Bond Funds (Guest Post)

The Beauty of High Yield Bond Funds (Guest Post)

When it comes to bonds, many investors still believe in owning individual bonds till maturity. It feels more right in that firstly you do not suffer from capital losses if you held the bond to maturity and secondly you get predictable coupon returns that was promised to you at the start.

This post was originally posted here. The writer, Kyith Ng is a veteran community member and blogger on InvestingNote, with username known as Kyith and has 1051  followers.

Unfortunately, the investors ran into some problems:

  1. They demanded a certain respectable interest yield on their bonds. If it is too low, they find that it is unattractive and would not go for it.
  2. They need to reinvest into another bond after the previous one matures. This maturity period may take place anytime.
  3. Prefers bonds in local currency
  4. For some, they might not have enough capital to diversify (traditionally the minimum you need to purchase bonds is $250,000)

With these requirements, what tends to happen is that these investors push themselves up the risk spectrum.

When they push themselves up the risk spectrum, they take on more geographical risk, currency risk, default risk, duration risk.

But in their mind, these bonds are as safe as a high quality government bonds.

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Summary of Mapletree North Asia Commercial Trust’s 7th AGM on 16 July 2020 (Guest Post)

Summary of Mapletree North Asia Commercial Trust’s 7th AGM on 16 July 2020 (Guest Post)

Retail and office REIT Mapletree North Asia Commercial Trust (SGX:RW0U) held its 7th annual general meeting for the financial year 2018/19 ended 31 March 2020 via virtual means (due to the ongoing Covid-19 situation in Singapore) earlier this afternoon (16 July 2020), which I have attended as a unitholder.

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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.

For the benefit of those who were not able to attend the meeting, in this post you’ll find a summary of the most important pointers to take note of (as a unitholder):

Presentation on Key Performance Statistics for FY2019/20 by Mr Ng Wah Keong, Chief Financial Officer of Mapletree North Asia Commercial Trust

Financial Performance (FY2018/19 vs. FY2019/20):

  • Gross Revenue: Down 13.3% year-on-year (y-o-y) to S$354.5m (FY2018/19: S$408.7m) – the decrease was due to the temporary closure of Festival Walk (for repair works), lower occupancy in Gateway Plaza, offset by its Japan properties
  • Net Property Income: Down 15.7% y-o-y to S$277.5m (FY2018/19: S$329.0m) – Festival Walk contributed 53.7%, Gateway Plaza contributed 23.5%, Sandhill Plaza contributed 8.4%, and its Japan Properties contributed 14.4% (this includes the one month contribution from MBP and Omori, both properties acquired in February 2020)
  • Distributable Income to Unitholders: Down 5.3% y-o-y to S$227.9m (FY2018/19: S$240.7m)
  • Distribution Per Unit: Down 7.4% to 7.124 cents/unit (FY2018/19: 7.690 cents/unit) – Mr Ng informed that the REIT will be changing its distribution to unitholders from quarterly to semi-annual from FY2020/21 onwards

Capital Management (FY2018/19 vs. FY2019/20):

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Sri Trang Agro (SGX:NC2) – My Technical Analysis (13 July 2020) (Guest Post)

Sri Trang Agro (SGX:NC2) – My Technical Analysis (13 July 2020) (Guest Post)

One of the most hotly traded Singapore-listed companies of late is Sri Trang Agro-Industry Public Company Limited (SGX:NC2), due to the overwhelming demand for rubber gloves in light of the Covid-19 pandemic, where its subsidiary, Sri Trang Gloves (Thailand) Ltd, is the largest glove producer in Thailand and is ranked among the world’s leading glove producers.

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.

Disclaimer: Whatever you may read in this post is my sharing for educational purposes only. It does not represent any buy/sell recommendation for the company’s shares. Also, at the time of writing, I am not trading in the shares of Sri Trang Agro.

So, how is the company’s share price going to move in the near-term? In this post, I’ll be sharing with you my technical analysis of the company’s share price movement (on a daily timeframe), which I hope you’ll find useful.

Sri Trang Agro’s Share Price Movements since January 2011

First up, let us look at the company’s share price movements (on a daily timeframe) since January 2011:
Share Price Movements of Sri Trang Agro since January 2011 till Time of Writing (on a Daily Timeframe)

The company’s share price slipped from a high of $1.27 in January 2011 to a low of S$0.40 in April 2016 – a fall by 68.5% over 5 years. Its share price then started to recover thereafter to S$1.00 in January 2017, before dropped back down to S$0.40 in April 2020 before skyrocketing to a high of S$1.75 in July 2020.

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The 50 Day Moving Average Trading Strategy Guide (Guest Post)

The 50 Day Moving Average Trading Strategy Guide (Guest Post)

Here’s the deal: There are endless possibilities when it comes to moving average. You’ve got the 50 day moving average, 100 day moving average, 200 day moving average, etc. So you’re wondering: “Which is the best moving average?” Well, there’s no best moving average out there because it doesn’t exist (as it depends on your objective current market structure).

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