Posts

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FCOT @ $1.33

Buy @ $1.33

Itchy fingers… buy back.. Sold previously cos of fears of lower DPU due to weakening A$ and impact of Hotel project at China Square… A$ is now stronger, perhaps due in part to weakening S$… 😀

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SingPost @ $1.615

Sell @ $1.615

Just bE at this price, profit comes from 2 Div collected… Am left with my entry buy at a very high price…. 😀

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SingPost @ $1.595

Sell @ $1.595

Take profit for 3 previous buys… Alibaba deal finally obtained MDA approval… next step is EGM & SGX Approval for new sharesto be issued… EGM expected by Feb-19…  😀

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ARA @ $1.38

Sell @ $1.38

Happy to take profit… but closed at $1.46… must be mkt optimism of a new stream of recurring income from their latest Harmony Fund… 😀

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SGX @ $7.26

Sell @ $7.26

Recovered a fair bit yesterday, on the last day of cd. Decided to sell as it was higher than xd price. Take some profits first… 😀

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RafflesMed @ $1.505

Buy @ $1.505

Out-Jumped by others during 5pm matching… Only partially done… 😀

Q3 Results were released before mkt opened… Revenue higher but EPS flat (very small increase).

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M1 @ $2.22

Buy @ $2.22

Q3 Results out last night… EPS 3.7ct vs 4.8ct yoy vs 4.4ct qoq… altho' they stated drop is mainly due to higher depreciation, there's also a drop across most segments… for mobile, despite slightly higher mkt share and average data consumed being slightly higher, profits still declined… this may be due to their pre-emptive lower additional data pricing in anticipation of competition from 4th TELCO…

  • Closed @ $2.31, -12ct ; Range $2.20 – $2.26
  • Starhub closed @ $3.39, -6ct ; Range $3.34 – $3.40
  • Singtel closed @ $3.94, +3ct ; Range $3.88 – $3.94

FCF = 7.64ct, looks healthy… but if Spectrum Rights = $64.1M were included as CAPEX, FCF = 0.75ct…

With Dividend Policy to pay out 80% of NPAT, 2H Div looks set to drop to 6.5ct to 6.9ct vs 8.3ct (2H15) if current trend of lower EPS continues… unless they increase Payout to 100% (as in 2H14)… 😀