Browsed by
Tag: investing

A Look into NYSE-listed Restaurant Brands International Inc. (NYSE:QSR)

A Look into NYSE-listed Restaurant Brands International Inc. (NYSE:QSR)

Restaurant Brands International might seem unfamiliar, but did you know Burger King and Popeyes are under RBI?

Restaurant Brands: A Growth Story Missing A Solid Base (NYSE:QSR) | Seeking Alpha

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 1409 followers.

You may not hear of the NYSE-listed Restaurant Brands International Inc. (NYSE:QSR), but I am perfectly sure you have heard of the fast-food brands ‘Burger King’ and ‘Popeyes.’ Together with ‘Tim Hortons’, these three brands come under the company.

Here is some quick information about each of the three brands under the company:

1. Burger King – Founded in 1954, it is currently the world’s second-largest fast-food hamburger restaurant; as at the end of FY2019 (ended 31 December 2019), the company owns or franchises a total of 18,838 Burger King outlets in more than 100 countries and US territories. You can browse through its website here – www.bk.com.

2. Popeyes – Founded in 1972, they are the world’s second-largest quick-service chicken concept, with a total of 3,316 outlets (either owned or franchised) as at the end of FY2019 – you can find out more here – www.popeyes.com.

3. Tim Hortons – This is probably the only brand under the company that we Singaporeans are not familiar with. Established in 1964, with a menu consisting of premium blend coffee, tea, espresso-based hot and cold specialty drinks, along with fresh baked goods, grilled Panini and classic sandwiches, wraps, soups, prepared food, and other food products, there are currently 4,932 outlets (either owned or franchised) in North America and Canada – you can find out more in its website here – www.timhortons.com.

In the latest financial year ended 31 December 2019, Tim Hortons contributed a lion’s share towards the company’s total revenue (at US$3,344m or 59.7%), followed by Burger King (at US$1,777m or 31.7%), and then Popeyes (at US$482m or 8.6%.)

Now that you have a better understanding of Restaurant Brands International Inc.’s businesses, in the remainder of this post, let us take a look at its historical financial performance, debt profile, as well as its dividend payouts over the last 5 years (the period we will be looking at is between FY2015 and FY2019), its current-year results so far (i.e. 1H FY2020 ended 30 June 2020) compared against the previous year (i.e. 1H FY2019 ended 30 June 2019), and finally, whether or not the company’s current traded price is considered ‘cheap’ or ‘expensive’ based on its current vs. its historical valuations.

Let’s get started…

Read More Read More

MM2 Asia Stock Review – Potential Beneficiary from Economy Reopening?

MM2 Asia Stock Review – Potential Beneficiary from Economy Reopening?

Will MM2 Asia benefit from the reopening of the economy?

mm2 Asia to acquire Cathay Cineplexes for $230m after failed bid for Golden Village, Companies & Markets News & Top Stories - The Straits Times

This post was originally posted here. The writer, James Yeo is a veteran community member and blogger on InvestingNote, with a username known as @Smallcapasia and has 905 followers.

MM2 Asia is benefiting from the latest announcement of the Government’s green light to allow more patrons in cinemas. On 23 September 2020, the government announced that from Oct 1, large cinema halls with more than 300 seats will be allowed to admit up to 150 patrons in three zones of 50 patrons each.

On the other hand, smaller cinema halls will also be allowed to increase their capacity to 50 percent of their original operating capacity or maintain the current limit of up to 50 patrons per hall, subject to safe management measures.

For Cathay Cineplexes’ parent company – MM2 Asia, it would have breathed a sigh of relief that the worst is probably over as they can welcome more customers.

But that being said, the Cathay cinema is just 1 division of MM2 Asia as the latter owns many more integrated businesses across the content, immersive media, event, and concert industries across Asia.

Mm2 Asia Profile

mm2 Asia is a leading producer of films and TV/online content in Asia. As a producer, mm2 provides services over the entire film-making process – from financing and production to marketing and distribution, and thus has diversified revenue streams.

Read More Read More

ThumbTack Fund Report 2 – Dancing Between The Raindrops

ThumbTack Fund Report 2 – Dancing Between The Raindrops

 Part 2 Of My Fund Report

Four steps to follow while investing during a pandemic

This post was originally posted here. The writer, ThumbTack Investor is a veteran community member and blogger on InvestingNote, with a username known as @ThumbTack Investor and has 3610 followers.

Fund Report part2; S&P weakened considerably since the inaugural TTF’s 1st report on the 28th Aug: https://thumbtackinvestor.wordpress.com/2020/09/06/thumbtack-fund-report-1-tough-times-dont-last-but-tough-funds-do/

That’s exactly what I’ve been doing in September.

I’ve managed to dance between the raindrops in the past month or so, as TTF continued to grow strongly, largely on the backs of just a couple of nicely timed positions.

1 of which is to enter into long positions in BBBY just the week before earnings release:

Time for some numbers:

TTF fund cumulative money weighted return since inception in Feb 2020: +25.66%, YTD returns: +25.45%

Total deposits: USD 165,913.77

Current NAV: USD 194,405.75

Quantum gain: USD 28,491.98

This compares favorably with the 3 benchmarks I use:

I’m pleased with how TTF managed to dance between the raindrops, bucking the trend and adding further gains in a volatile September, from a YTD return of +15.46% to the current +25.45%, adding 9.99% to the returns in September alone.

Since the last report about a month ago, SPY has dropped 2.32%, reflecting the correction in tech in September. VT has dropped 1.3% YTD, tracking the decline in S&P.

STI has remained fairly “resilient” by dropping only 0.43% in September, but then again, a -20.85% YTD return is scant comfort. I guess GOT wisdom applies here: “What is dead, may never die!”

TTF’s top 5 generals is a highly coveted list… and truth be told, I’m surprised that I’ve made changes to the 5 names more frequently than I expected to when I started in Feb.

Feb:

Read More Read More

7 Interesting Stock Ideas – October 2020

7 Interesting Stock Ideas – October 2020

Here are some stock ideas for you to take note of, in times of such volatility period.

ZOOM Shares Double as Investors Mistakenly Bet on Company | Time

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 905 followers.
September will be remembered as the month with massive stock corrections. S&P 500 has retraced about 8% from its high on 2 September while Nasdaq index has retraced about 9.5%.On the bright side, it will also be remembered as the month where Singapore relaxes its COVID measures further. It is a time for rejoicing as 100 people can attend wedding functions now!These loosening of measures have also had effects on the Singapore stocks. Stocks’ volatility is bound to increase with the USA’s election around the corner. It is necessary for investors to take note of solid companies to tide through this volatility.
Here are 7 interesting stock ideas for the month of October for you to take note of.

#1 Food Empire Holdings Limited

Lim and Tan Securities have maintained its Accumulate rating and upgraded its target price of the company from $0.61 to $0.72.

This is at the back of ” stringent cost reduction measures where necessary and this resulted in a noticeable 10.5% decrease in SG&A expenses YoY for 1H20, allowing them to eke out a YoY increase of 1.1% in NPAT despite the fall in revenue and gross profit.”

Moreover, the analysts are also having the view that “any possible future lockdowns will not be as serious as that of the first global lockdown and that a recovery in 2H20 is imminent.”

#2 AEM Holdings Limited

Maybank Kim Eng has maintained buy on AEM Holdings and upgraded its target price from $4.26 to $5.05.

The positive increase in share price estimates is because AEM continues to provide relevance to its customers. Taking reference from ” Intel’s Architecture Day include that Intel will continue to decouple design from process technology, as well as focus on advanced packaging technologies to drive leadership products.

We believe this is favorable to AEM as heterogeneously packaged chips come with testing challenges at the wafer level that can be overcome by SLT at the packaged level to ensure product reliability. ”

The next catalyst for growth is from Automotive Chips. “Automotive chips are challenging to test given requirements for zero defect and high thermal reliability. AEM presented at the SEMI SEA 2020 conference on how its asynchronous, modular and massively parallel approach to SLT can tackle these challenges in a cost-effective way.

We walked away with a greater appreciation for AEM’s AMPS solution, and believe exciting end-markets beckon for AEM.”

#3 HRnet Group Limited

CGS CIMB has upgraded its ratings from Hold to Add and has a price target of $0.523.

The company has been upgraded at the back of attractive valuation and a 5% yield. ” The group had S$286m net cash as of end-Jun 20 (forming c.65% of market cap) and offers c.5% FY20-22F dividend yield.

This makes it one of the cheapest and highest dividend-paying stocks among global recruitment companies. Catalysts are synergistic M&As and more job creation.”

The next apparent push for the company is the “government’s push for more job creation and local employment given its relative focus on domestic candidates.

New offices (e.g. RecruitFirst in Jakarta, HRnetOne Shenzhen) and services (outplacement) could help diversify its revenue sources.”

#4 Lendlease Global Commercial REIT

DBS has maintained buy on Lendlease REIT with a target price of $0.90.

The valuation has been a result of the “repositioning 313@Somerset’s tenant mix in view of its enlarged footprint to c.330k sqft and shopper base following the launch of Grange Road carpark redevelopment in 2Q22.

With projected returns of 18% from the redevelopment, we see DPU growing by 3% CAGR in FY21-22.”

There could also be some accreditive acquisitions in the pipeline. Analysts ” believe that LREIT’s first acquisition, which could be a stake in quality suburban mall JEM, maybe just around the corner.

Likely to be debt-funded, the yield accretion will further boost the REIT’s DPU profile. Higher DPU growth rates will be a catalyst for a share price re-rating.”

 

#5 Ho Bee Land Limited

CGS CIMB has maintained a rating of Add and has increased its target price from $2.56 to $2.70.

The continued support on the rating is due to “HoBee for its strong recurring income profile, derived from rentals in Singapore and UK. Upside catalyst: continued deployment of capital; downside risk: asset devaluation from its investment property portfolio.”

And also ” factor in HoBee’s latest capital deployments into c.S$250m worth of new investments over the past six months.”

Another positive factor is also due to projected ” FY20F EPS is also increased by 5.88% as we factor in a faster-than-projected handover of residential units in China.”

 

#6 Avi-Tech Electronics Limited

RHB Capital has maintained its buy rating on the company with a target price of $0.52.

The rating and positive sentiments from RHB are due to a few factors. “Burn-in testing for automotive component still growing strongly. With the sector slowdown – in effect since 2018 – having bottomed out, its outlook should improve.

Avi-Tech’s performance should continue to pick up in FY21F, with decent growth from burn-in services, which fetch a much higher GPM. ”

Also, the company is in a net cash position which is extremely valuable in the industry.

“With a net cash balance sheet and strong operating FCF, management should continue to reward shareholders with attractive dividends, despite the drop in profits over the previous year.”

#7 SBS Transit Limited

CGS CIMB has initiated an Add rating on SBS Transit with a target price of $3.40.

One of the main reasons is that it is the “leading bus operator in Singapore”. “As a beneficiary of Singapore’s public policy that favors public transport over private vehicle ownership, SBUS offers long-term structural growth, in our view.

SBUS holds a market leadership position in the public bus industry (61% market share by bus routes in 2019), which generates defensive earnings and stable cash flow under the Bus Contracting Model (BCM). It also operates 3 of the 8 existing rail lines in Singapore as at end-1H20.”

It is also “a recovery play” with the revival of the economy. “We expect public transport ridership to return to c.90% of pre-COVID levels by FY21F.

Since the lifting of the circuit breaker in Jun, ridership has steadily improved – SBUS rail ridership rose to c.55% of pre-COVID levels in Aug (Jul: 50%).

Once again, this article is a guest post and was originally posted on smallcapasias profile on InvestingNote.

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!

UPDATE: SG Active Trading Tournament Final Round

UPDATE: SG Active Trading Tournament Final Round

The Elimination Round of SG’s Biggest Trading Tournament is over and we are now heading to the FINAL ROUND!

It was no easy feat competing with over 2000 other traders but they made it to the TOP 10 Leaderboard. Check out who they are!

462752-recoveredcropped

The spotlight is now on them who will be moving on to the Final Round, which begins 12th Oct to 23rd Oct.

See all their trades & portfolio here: http://bit.ly/SGATT2020

Each trader will begin with $100,000 of new virtual capital and will go head to head with each other. The Top Prize is $4,000 cash!

Who do you think will emerge as the TOP ULTIMATE TRADER IN SINGAPORE?

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!

Is China Railway Construction (01186.HK) a Bargain Buy, or a Value trap?

Is China Railway Construction (01186.HK) a Bargain Buy, or a Value trap?

China Railway Construction (“CRCC”) recently caught my attention as it has tumbled approximately 44% from an intraday high of $9.99 on 5 Mar 2020 to close HKD5.64 on 21 Sep 2020.

Is this a bargain buy, or a value trap? Let’s take a look.

china

This post was originally posted here. The writer, Ernest Lim is a veteran community member and blogger on InvestingNote, with a username known as el15 and has 456  followers.

First up, a description of CRCC

Quoting from its 1HFY20 results, CRCC’s businesses cover a variety of construction, survey, design and consultation, manufacturing, real estate development, logistics and materials trading and other business with a refined industry chain covering scientific research, planning, survey, design, construction, supervision and management, maintenance, operation, investment and financing, etc.

Six reasons why CRCC catches my attention

1) 21 analysts cover CRCC with all buy calls; the average target price HKD12.00

Based on Figure 1 below, CRCC is widely covered by 21 analysts. It is noteworthy that all 21 analysts give a buy call on CRCC with an average target price of HKD12.00. This represents a potential capital appreciation of approximately 113%. The estimated dividend yield is around 5.0% hence the total potential upside may amount to 118%!

Read More Read More

An In-depth look at Mastercard Incorporated (NYSE:MA)

An In-depth look at Mastercard Incorporated (NYSE:MA)

Mastercard Takes B2B Payments To The Smartphone - Mastercard Launches SME Commercial Card App | PYMNTS.com

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 1386  followers.

Today, let us take an in-depth look at its direct competitor, Mastercard Incorporated (NYSE:MA).

Just like Visa, Mastercard Incorporated is also in the business of connecting consumers, financial institutions, merchants, governments, digital partners, businesses and other organizations worldwide, enabling them to use electronic forms of payment through their family of well-known brands, including Mastercard, Maestro, and Cirrus.

Currently, the company’s payment network spans more than 150 currencies, and in over 210 countries and territories.

Their core products include:

(i) Consumer Credit – where there are a number of programs available to provide consumers with credit that allow them to defer payment

(ii) Consumer Debit – which can be used to make purchases, as well as obtain cash in bank branches, at ATMs, and also at the point of sales

(iii) Prepaid – a type of electronic payment that allows consumers to pay in advance, regardless of whether they have a bank account or credit history

(iv) Commercial – provides payment products and solutions that help large corporations, midsize companies, small businesses. and government entities

In the remainder of this post, you will read about the NYSE-listed company’s historical financial performance, debt profile, as well as dividend payout over a 5-year period (between FY2015 and FY2019 – the company has a financial year-end every 31 December), its current-year results so far (compared against the previous year), and finally, a look at whether the current share price is deemed to be cheap or expensive.

Let’s begin…

Read More Read More

Does PayPal Holdings Inc. (NASDAQ:PYPL) Make a Good Addition to Your Investment Portfolio? (GUEST POST)

Does PayPal Holdings Inc. (NASDAQ:PYPL) Make a Good Addition to Your Investment Portfolio? (GUEST POST)

If you have been shopping online, then the name PayPal should sound familiar to you – as some of the merchants make use of the digital payment platform to accept payments from their customers.

PayPal completes GoPay acquisition, allowing the payments platform to enter China | TechCrunch

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 1386  followers.

Before you continue reading today’s post, a disclaimer: I am currently invested in the company I am going to talk about today – PayPal Holdings Inc. (NASDAQ:PYPL). But having said that, as always, rest assured I will be impartial in my analysis of the company.

I’m sure the name PayPal is not one that’s alien to you – especially to those of you who have shopped online before, you should have come across it when making payments, as some merchants make use of its digital payment platform to accept payments from their customers (for a small fee.)

From my understanding in its FY2019 annual report (for the financial year ended 31 December 2019), the company currently has 281 million customer active accounts and 24 million merchant active accounts across more than 200 markets worldwide. The company also owns Braintree (a company based in Chicago in the United States that specializes in mobile and web payment systems for e-commerce companies, which was acquired by PayPal in September 2013), Venmo (a mobile payment service that allows for the transfer of funds between its app users), and Xoom (a platform that facilitates the sending of money, paying of bills, and reloading of mobile phones from the United States and Canada to 131 countries worldwide; the company was acquired by PayPal in November 2015.)

Among the various means that PayPal Holdings Inc. generates its revenue from include:

Read More Read More

Singapore Savings Bonds SSB October 2020 Issue Yields 0.90% for 10 Year and 0.26% for 1 Year (Guest Post)

Singapore Savings Bonds SSB October 2020 Issue Yields 0.90% for 10 Year and 0.26% for 1 Year (Guest Post)

Here is a safe way to save your money that you have no idea when you will need to use it, or your emergency fund.

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.

The 10-yr and 1-yr Singapore Savings Bonds Rate since the first issue in Oct 2015

Read More Read More

Wilmar – Is this a good time to accumulate? (2 Sep 2020) (Guest Post)

Wilmar – Is this a good time to accumulate? (2 Sep 2020) (Guest Post)

Wilmar recently caught my attention. It has fallen approximately 11% from an intraday high of $4.95 on 7 Aug 2020 to close $4.41 on 1 Sep 2020.

This post was originally posted here. The writer, Ernest Lim is a veteran community member and blogger on InvestingNote, with username known as el15 and 400 followers.

Sixpoints attracted me to Wilmar. Let’s take a look.

Read More Read More