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Key Highlights in United Overseas Bank’s (UOB) Q3 & 9M FY2020 Business Update (Guest post)

Key Highlights in United Overseas Bank’s (UOB) Q3 & 9M FY2020 Business Update (Guest post)

What are the key highlights of UOB’s latest results?

UOB launches 'high street' branch to target half a million emerging affluent customers in Singapore | IG EN
This post was originally posted here. The writer, Lim Jun Yuan is a veteran community member and blogger on InvestingNote, with a username known as @ljunyuan and has 1433 followers.

United Overseas Bank (SGX:U11), or UOB, is the first of the three Singapore banks that have released its business updates for the third quarter and for the first 9 months of the financial year 2020 ended 30 September 2020 before market hours this morning (in case you’re wondering, the other 2 Singapore banks, DBS and OCBC, will be releasing its business updates for Q3 and 9M FY2020 tomorrow, 05 November 2020, before market hours.)

In my post today, I will be sharing with you key highlights from UOB’s latest business update you need to take note of…

Financial Performance (Q3 FY2019 vs. Q3 FY2020, and 9M FY2019 vs. 9M FY2020)

As the bank has switched to reporting its full financial statements on a half-yearly basis (i.e. in the second, as well as in the fourth quarter), it has only provided a summary this quarter.
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The Good and Bad about Mapletree Logistics Trusts’ Q2 and 1H FY2020/21 Results (Guest Post)

The Good and Bad about Mapletree Logistics Trusts’ Q2 and 1H FY2020/21 Results (Guest Post)

Mapletree Logistics Trust (Q2 and 1H FY2020/21 Results) – What’s good and what’s bad?

An Analysis of Mapletree Logistics Trust

This post was originally posted here. The writer, Lim Jun Yuan is a veteran community member and blogger on InvestingNote, with a username known as @ljunyuan and has 1429 followers.

Back in September, I wrote a post about Mapletree Logistics Trust (SGX:M44U), where I highlighted reasons why the blue-chip logistics REIT was in my ‘shopping list’ (you can check out the post here.)

Last Thursday (29 October 2020), I have finally added the REIT to my long-term investment portfolio at S$1.98 – in terms of its distribution yield, based on its full-year payout of 8.142 cents/unit in FY2019/20, it is 4.1% (you can check out all the companies in my long-term portfolio investment here.)

What I’m going to do today is to discuss the REIT’s results for the second quarter and for the first half of the financial year 2020/21 ended 30 September 2020 (which was released on 19 October 2020) – particularly its financial results, debt, and portfolio occupancy profile, as well as its distribution payout (the REIT is one that continues to pay out a distribution to its unitholders on a quarterly basis), along with my personal thoughts to share.

Let’s begin… …

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Do You Know When To Sell Stocks? 4 TIPS TO KNOW (Guest Post)

Do You Know When To Sell Stocks? 4 TIPS TO KNOW (Guest Post)

Selling stocks is easy but knowing WHEN to sell stocks is NOT.

Coronavirus Market Sell-Off: Should You Buy FAANG Stocks Right Now? | The Motley FoolThis 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 903 followers.

More often than not, amateur investors focus too much on what to buy but don’t have an exit plan in place. They panic for many reasons:

  • The share price goes up too high (should I cash in?)
  • Share price crash to the doldrums (should I cut loss or hold on?)
  • A significant change in business operations (Electronic components Serial System hopped on the Durian selling craze).

Hence, buying a stock at the right price is only one part of a successful investment, knowing when to sell is also critical.

My Selling Mistake

A long time ago, I bought into Facebook when it was trading at ~US$25 shortly after its IPO. I sold it for US$40 to lock in some quick gains, thinking that social media is over-hyped.

It doesn’t take too long for me to realize the mistake as Facebook continues to grow by leaps and bounds after that. And I would have made a 10x bagger (1,000% return!) if I wouldn’t have been so fixated on the short term gains!

Without further ado, here are 4 good tips on knowing when to sell and also to prevent you from repeating my sobering mistake…

1. Deteriorating Fundamentals

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Financial questions regarding Hyflux debts? (Guest Post)

Financial questions regarding Hyflux debts? (Guest Post)

Just a few days ago, the headlines for the recent Hyflux Saga read: “Taxpayers’ money cannot be used to help investors recoup their losses, says minister,”.

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There was also a protest by disgruntled Hyflux investors at Hong Lim Park over the weekend.

Credits: Straits Times
Credits: Straits Times
Credits: Straits Times
Credits: Straits Times

I chanced upon the article on Hyflux story so far in BT Weekend, 23-24 March 2019. Given that it had listed the debts raised in the past years, I decided to compile them into a timeline in hope to have a better picture of Hyflux’s current predicament. What really puzzled me was the perpetual raised in 2016. It was stated that the perpetual of $500m was raised to redeem the two tranches of perpetuals raised for institutional and accredited investors. The first was $300m perpetual @5.75% raised in January 2014 and the second was $175m perpetual @4.8% raised in July 2014.

This post was originally posted here. The writer, Brennen Pak is a veteran community member and blogger on InvestingNote, with username known as Brennen Pak, with more than 3000+ followers.

 

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Just purely from a financial management point of view, why is Hyflux willing to raise perpetual at 6% to redeem perpetuals at lower coupon rates. After all, the 4.8% and the 5.75% perpetuals were hardly 2-year old 3-year old respectively when they were redeemed. Why was Hyflux so anxious to redeem those perpetual bonds when the perpetuals are still so recent by any standards.

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