DBS Bank - CPI data just released last night and is higher than the projected numbers of 2.9 percent! It came out 3.1 percent which was slightly higher abd US indexes seen the biggest fall . STI likely follow and bank may see further weakness! Do take note!

 DBS Bank - CPI data just released last night and is higher than the projected numbers of 2.9 percent! It came out 3.1 percent which was slightly higher abd US indexes seen the biggest fall . STI likely follow and bank may see further weakness! Do take note! 

Chart wise,  it may go downto test 31.63.

Next, sge may go down to revisit 31 00 again! 

Pls dyodd.

22nd Nov 2023:

 Chart wise, bearish mode!

She is falling faster after went Ex.dividend a few days ago, doesn't look good!

I think likely to go down to test 31.25 than 30.51 soon!

Also Fed meeting is pointing to dovish tone on interest rate.

Pls dyodd.

This morning Gap down plus dropping more than its dividend of 48 cents doesn't look good!

If 32.38 cannot hold,  she may likely go down to test 31.24 than 30.24 - 30.51.

Pls dyodd.

 dividend of 48 cents.

Ex.dividend 14th November. 

I think likely to go further down to test 32.65 than 32.35/32.00.

Not a call to buy or sell!

Pls dyodd.

  Chart wise, looks like the fund are selling judging from the bearish price patterns! 

A long a bearish candlestick plus high volume likely to see further weakness! 

Short term wise,   I think likely to go down to test 33.00 than 32.65 and 32.35 / 32.00.

Pls dyodd. 

 DBS Group reported net profit of S$2.59 billion for the third quarter ended September, 16 per cent higher than earnings of S$2.24 billion.

NIM is up . Net Fee income also up.

9 month Net profit is up 35% to 7.89b.

ROE is 18.6%.

A beautiful sets of financial numbers!

Declared interim dividend of 48 cents. 

XD 14 Nov.

Not a call to buy or sell!

Pls dyodd. 

NikkoAM-STC Asia ETF Reit - I think great price is back! Having this counter is like owning most of the famous Index reit like CLaR, CICT, MIT, MLT, MPACT, KDC, Suntec, Link (HK) . At 81cents yield is a whopping 6.1 percent, do take note!

  NikkoAM-STC Asia ETF Reit - I think great price is back! Having this counter is like owning most if tge famous Index reit like CLaR, CICT, MIT, MLT, MPACT,  KDC, Suntec,  Link (HK) . At 81cents yield is a whopping 6.1 percent,  do take note!

Wah, nice closing at 82 cents!

I think high chance she may rise up to test 84 cents Than 88.5 cents!

Pls dyodd.

9th December 2023:

 Chart wise,  bullish mode!

I think likely to clear 82 cents and rises higher to test 84-84.5 cents.  

A nice breakout smoothly will likely see her rising up to test 90 cents. 

Pls dyodd. 

 I think she is slowly gaining momentum and likely to rise up further as US interest rate has peaked and paused and this is generally positive for reit and equity! 

I think high probability of rising up to test 84 cents than 90 cents.

Pls dyodd.

Nibbled a bit at 0.801. Nice yield of more than 6%!

Chart wise, she is slowly recovering from the low of 0.73+ looks rather positive!

Pls dyodd.

NikkoAM-STC Asia REIT ETF (CFA.SI) - She is yielding 6.49% at 0.801, Quarterly dividend, I think is a good yield level to take note! 

It covers most of the index reit like CapitaLand Integrated Commercial Trust,  CapitaLand Ascendas REIT,  Mapletree Ind Tr,  Mapletree Logistics Trust,  Frasers L&C Tr etc.

Chart wise, it has managed to bounce-off from the low of 73.6 cents and closed well at 0.802, looks rather bullish!

If this bullish momentum continue we may likely see her rising up further towards 90 cents and above. 

Not a call to buy or sell!

Please dyodd.

Venture - She has retreated below 14 again after clearing it a few days ago, really need a decisively breakout above 14 and stay above in order to continue this uptrend mode!

Venture  - She has retreated below 14 again after clearing it a few days ago, really need a decisively breakout above 14 and stay above in order to continue this uptrend mode! 

She is due to report her Full Year  results on 22nd February,  all eyes are waiting whether will they be any increase in Final dividend.

Pls dyodd. 

    Venture - Today she has a Nice breakout and cleared the 200 Days Moving Average,  Fantastic! Pathing the way for further upwards movement towards 15.00 and above! Do take note! 

Finally,  she has conquered 14.00 resistance level turned suppor! Likely to rise up to test 15.00 than 15.30 level.

She is due to report her results on 22nd February! 

Pls dyodd.

Venture  - Chart wise   bullish mode! She is looking great to rise up to reclaim 13.98/14. Do take note! 

A nice breakout of 14.00 plus good volume would likely see her rising up towards 14.23 than 15.00.

Pls dyodd.

Lai ah, she is rising up nicely to test 14.00 Than 14.23. I think Bull is in control ! Beyond that, we may see her revisiting 15.00 !

Pls dyodd.

 Update: VENTURE  - Nice Breakout at 13.51 this morning,  I think she is soaring higher towards 14.23. Next,  she may rise up to test 15.30. Please take note!

Pls dyodd. 

Chart wise,  bullish mode!

She has managed to stay above the 100 days MA and closed well at 13.30 looks like Bull is in control!

Short term wise,  She is likely to rise up to test 13.54 than 14.51 and 15.06.

At 13.30, yield is 5.63% for this blue chips counter which is a 

Pls dyodd. 

Yesterday,  closed well at 13.02 plus high volume Up 49 cents looks rather bullish!

I think likely to clear 13.15 and rises higher to 14 than 14.30 with extension to 16.38.

Pls dyodd.

Quote:

VENTURE Corporation said on Thursday (Nov 30) that its board of directors has established a share buyback plan to purchase up to 10 million ordinary shares of the company.

This plan was authorised by the board on Nov 29, following the approval of Venture’s shareholders of the share purchase mandate at the annual general meeting on Apr 27, the company said in a bourse filing.

Under the mandate, the company can buy up to about 14.5 million shares, which translates to 5 per cent of the total number of issued shares of the company as at the date of the mandate.

Solid! This company cash rich therefore is able to buy back share! Awesome!

Likely to see price rising up to test 13.30 soon!

I am Targeting it can reach 15 to 16 dollars.  

Pls dyodd.

21st November 2023:

 TA wise, she is gaining strength and likely rise up to reclaim 13.30.

A nice crossing over of 13.30 smoothly we may likely see her moving ip towards 14.25.

Pls dyodd. 

Chart wise,  bullish mode!

I think she may rise up to test 13.30.

A nice breakout smoothly plus high volume we may see her rising up to test 15.10 than 16.00 and 16.40.

Yearly Dividend is 0.75.

Yield is 5.88% at 12.88.

Pls dyodd. 

TA wise, bullish mode!

This morning she has manged to cross over the resistance level at 12.50 plus good volume this is rather positive!

Short term wise,  I think likely to rise up to test 13.00 than 13.30 with extension to 14.00 than 14.36.

Not a call to buy or sell!

Pls dyodd. 

The recent 3rd quarter results is within expectations. 

9 months Net Profit is down 25.2% to 203.3m.

Net cash on hands increase to 956.5m.

I think cash per share is more than 3.00.

Genting Sing - Wah, she is looking good to retest 1.03 again! A nice breakout smoothly accompanied with good volume we nay swe her testing 1.10 soon! Result is due on 22nd February, dividend is coming! take note!

Genting Sing  - Wah, she is looking good to retest 1.03 again! A nice breakout smoothly accompanied with good volume we nay swe her testing 1.10 soon! Result is due on 22nd February,  dividend is coming! take note! 

Update : 4th Feb 

 Genting Sing  - Chart wise, bullish mode! Likely to reclaim 1.03 and rises higher towards 1.14 and above! Likely declare higher Final dividend of 2.5 cents !Do take note! 

Breaking out of 1.14 she may likely test 1.20.

Today went to Sentosa RWS for lunch and can see many tourist and traffic crowd patronizing RWS. I think businesses is good! 

Pls dyodd.

For over 30 years, Genting Singapore and its subsidiaries (the “Group”) have been at the forefront of gaming and integrated resort development in Australia, the Bahamas, Malaysia, the Philippines, Singapore and the United Kingdom. Today, we are best known for our award-winning flagship project, Resorts World™ Sentosa in Singapore, which is one of the largest fully integrated destination resorts in South East Asia. 

Genting Singapore is ranked among Singapore’s largest public-listed companies. Genting Singapore is a constituent stock of the FTSE Straits Times Index.

Today, more than 70% of Genting Singapore and its subsidiaries' team members are Singaporeans and Permanent Residents. There is great diversity in the company too, with more than 40 nationalities represented.

Our management team is very experienced and boasts a wide variety of skill sets.

Diverse skills set:

• Large-scale Project Development
• Casino Management and Marketing
• Theme Park Operations
• Marine Life Park Operations
• Animal Health and Research
• Marine Life Conservation and Education
• Hotel Management and Operations
• Spa Management and Operations
• Food and Beverage
• MICE and Events Management
• Marketing and Sales Excellence
• 
  
  Genting Sing  - Chart wise,  bullish mode! High probability she may reclaim 1.03 and rises higher towards 1.09-1.10 level. Results is due on 22nd February! Do take note! 
  

 

Mapletree PanAsia Com Tr - I think boat is back! At 1.39, yield is about 6.4 percent, NAV 1.73, Gearing is slightly above 40 percent. Do take note!

Mapletree PanAsia Com Tr  - I think boat is back! At 1.39, yield is about 6.4 percent,  NAV 1.73, Gearing is slightly above 40 percent. Do take note! 

One of the index reit counter that is yielding more than 6.3% I think might be a good pivot point! 

Pls dyodd. 

  Mapletree PanAsia Com Tr  - 3rd quarter results is out! Gross Revenue is up 0.8 percent to 241.5m, NPI is up 1.7% to 182.4m but Distribution is down 9.1% due to higher finance costs increasing 14%. Gearing 40.8%. 

Occupancy rate 96.7%.

XD 5th February. DIVIDEND 2.2 CENTS.

Pay date 14th March.  

I think results is so so. 

PLS dyodd. 

 — gross revenue and NPI both gained 10.1% and 8.7% YOY for 2Q24

— DPU down 8.2% YOY to 2.24 cents

— portfolio occupancy 96.3%

— gearing 40.7% with 79.9% debt on fixed

— Stable financial performance: Singapore drove growth with better performance while largely stable contributions from overseas properties were weighed down by stronger SGD

— Festival Walk: Sustained revenue supported by near full occupancy, shopper and tenant sales recovery, and continued progress towards rental stabilisation

 

. 

Mapletree Pan Asia Commercial Trust (“MPACT”) is a real estate investment trust (“REIT”) positioned to be the proxy to key gateway markets of Asia. Listed on the Singapore Exchange Securities Limited (“SGX-ST”), it made its public market debut as Mapletree Commercial Trust on 27 April 2011 and was renamed MPACT on 3 August 2022 following the merger with Mapletree North Asia Commercial Trust.

Its principal investment objective is to invest on a long-term basis, directly or indirectly, in a diversified portfolio of income-producing real estate used primarily for office and/or retail purposes, as well as real estate-related assets, in the key gateway markets of Asia (including but not limited to Singapore, China, Hong Kong¹, Japan and South Korea).

MPACT’s portfolio comprises 18 commercial properties across five key gateway markets of Asia – five in Singapore, one in Hong Kong, two in China, nine in Japan and one in South Korea. They have a total NLA of 11.0 million square feet and valued at S$17.1 billion. 

Within Singapore, they are:

• VivoCity – Singapore’s largest mall located in the HarbourFront Precinct;
• Mapletree Business City (“MBC”) – a large-scale integrated office, business park and retail complex with Grade A building specifications, supported by ancillary retail space, located in the Alexandra Precinct;
• mTower – an established integrated development with a 40-storey office block and a three-storey retail centre, Alexandra Retail Centre (“ARC”), located in the Alexandra Precinct;
• Mapletree Anson – a 19-storey premium office building located in the Central Business District (“CBD”); and
• Bank of America HarbourFront (“BOAHF”) – A premium six-storey office building located in the HarbourFront Precinct.

Outside Singapore, they are:

• Festival Walk, Hong Kong – a landmark territorial retail mall with an office component;
• Gateway Plaza, China – a Grade A office building with a podium area in Lufthansa sub-market within Beijing;
• Sandhill Plaza, China – a Grade A business park development in Zhangjiang Science City, a key business and innovation hub in Pudong, Shanghai;
• Japan Properties – nine freehold properties comprising five office buildings in Tokyo (IXINAL Monzen-nakacho Building, Higashi-nihonbashi 1-chome Building, TS Ikebukuro Building, Omori Prime Building and Hewlett-Packard Japan Headquarters Building); an office building in Yokohama (ABAS Shin-Yokohama Building) and three office buildings in Chiba (SII Makuhari Building, Fujitsu Makuhari Building and mBAY POINT Makuhari); and
• The Pinnacle Gangnam, South Korea – a freehold Grade A office building with retail amenities located in Gangnam Business District, Seoul.

MPACT is one of the three REITs sponsored by Mapletree Investments Pte Ltd (“MIPL” or the “Sponsor”), a leading real estate development, investment, capital and property management company headquartered in Singapore.

MPACT is managed by MPACT Management Ltd. (“MPACTM” or the “Manager”), a wholly-owned subsidiary of MIPL. The Manager aims to provide unitholders of MPACT (“Unitholders”) with a relatively attractive rate of return on their investment through regular and steady distributions, and to achieve long-term stability in Distribution per Unit (“DPU”) and Net Asset Value (“NAV”) per Unit, while maintaining an appropriate capital structure for MPACT.

2022 FY Financial results:

MPACT Achieves 65.4% and 62.6% Growth in FY22/23 Gross Revenue and Net Property Income

Full-year distribution per unit (“DPU”) totalled 9.61 Singapore cents.

Boosted by contribution from properties acquired through the merger1.

Better performance of core assets, VivoCity and Mapletree Business City (“MBC”), cushioned higher utility and finance costs in FY22/23. 

Positive rental reversion recorded by all markets except Greater China.

VivoCity’s full-year tenant sales set new record at over S$1 billion, and asset enhancement initiative (“AEI”) on Level 1 on track for opening from end-May 2023.

Improvement in shopper traffic and tenant sales at Festival Walk with the lifting of COVID measures and reopening of border with Mainland China.

Successfully renewed major leases at Bank of America HarbourFront, Festival Walk, Gateway Plaza and MBC during the year, adding to portfolio resilience.