Posts

Posted on

DBS @ $14.68

Buy @ $14.68

Same reason as UOB… buying to average down… Can't resist the discount to NBV…  ðŸ˜€

Posted on

UOB @ $17.525

Buy @ $17.54, $17.51

Keep dropping… keeep avergaing down…  Wide range $17.45 to $17.89… 😀

Posted on

SingPost @ $1.6125

Sell @ $1.61, $1.615

Contra off + Cleared another batch (Losses) but lumped together, get a smaller profit… Supposed to be Yield Rotation Play, not keeping for longer term, else Free Cash gets tied up…  Left one very high priced batch…. 😀

Q4 results were out yesterday. EPS = 4.36ct vs 1.625ct YoY due to huge One-Time Gains… Slightly lower without this Gain… Mkt looked happy, even with STI -ve, -8.28 @ 2732.87… Range $1.60 – $1.64…

Some Points for me to take note,

  • Revenue : Logistics overtook Mail as No.1
  • Operating Profit : Mail still account for ~80% (after stripping out one-time gains)
  • eCommerce : Jagged Edge & TradeGlobal provides eCommerce Solutions ie Not Online Biz
  • Rental : Will suffer till SPC is completed in mid-17
  • Logistics Hub : Starts Operation in Jul-16 – May see cost benefits in Calendar Q3
  • Alibaba : 1st Share Issue @ $1.42 for 10.35% ; 2nd Issue @ $1.74 for 5% Delayed till end-Oct
    • Current Net Debt becomes Net Cash if Not Utilised for Further Acquisitions
  • CEO : Replacement not yet found. But, new Chairman (also Singtel Chairman) comes with good track record and will provide Mgmt Stability

IMO, short term weakness but supported by Alibaba expectations… 😀

Posted on

A-HTrust @ $0.685

Buy @ $0.685

With this, I have covered back my recent sell… Let's hope results on 12-May is not too bad… 😀

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M1 @ $2.38

Buy @ $2.38

Getting cheaper… my "shorts" were too successful… have bought more than I "shorted" previously… 😀

Posted on

DBS @ $14.74

Buy @ $14.74

Continue to average down… The xd ones are targeted for short term… DRP = $14.93, better discount now from mkt… Opt for cash then… ðŸ˜€

Posted on

SingPost @ $1.595

Buy @ $1.595

Cover back / Average down… 😀

STI +35.26 @ 2766.06 finally broke the 10 -ve streak… Was expecting STI to be -ve due to weaker China trade figures… happy to find a -ve stock to buy in a +ve mkt…

Q4 Results will be out tomorrow… Looking at previous Q results, Revenue likely to be substantially increased due to past acquisitions, with a smaller increase in Earnings… Div = 2.5ct likely to be maintained (ie little chance of more) as per Dividend Policy of 7ct / yr (Q1-Q3 = 1.5ct with Q4 = 2.5ct)… Am expecting PE to edge closer to 20 (little bit less scary)  from current 23…