aiks!! i tot of jumping in.. All waiting for 0.70?

so sad leh for those who get the IPO.

http://singaporeanstocksinvestor.blogspot....me-no-more.html


NERATEL.. can slowly dispose too?

i just realise my DBS VICKERS cannot buy anything with USD denomination.. hv to call them to activate.
anyone using DBS VICKER here? What is the procedure?

i was also wondering the same thing. Price looks attractive.. but hv the fear of the QUIET SHOPPING news in Sg that is going round.

this month DBS having brokerage promotion 9.88 min... looking around dunno what to buy.

Prince, i hv this UMS HOLDINGS since 2013. been collecting consistent div. i am wondering if I should top up at current price.

UMS Holdings Limited, an investment holding company, manufactures high precision front-end semiconductor components; and offers electromechanical assembly and final testing services. It operates through two segments, Semiconductor and Contract Equipment Manufacturing (CEM). The Semiconductor segment provides precision machining components and equipment modules for semiconductor equipment manufacturers. The CEM segment supplies base components to oil and gas original equipment manufacturers. The company provides precision machining services, including milling, lathe, horizontal, cleaning, anodizing, and CMM services; metal finishing services comprising electroless nickel, selective nickel, anodizing, plating, e-polish, chemical cleaning, and parts refurbishment; and system integration, refurbishment, prototyping, and vendor managed inventory services, as well as electroplating and anodizing services. In addition, it is involved in the manufacture and assembly of stainless steel gaslines and weldment; and holding investment property. The company serves semiconductor, electronic, machine tools, aerospace, and oil and gas industries. It primarily operates in Singapore and the United States, as well as in the People’s Republic of China, Poland, Malaysia, Taiwan, and South Korea. UMS Holdings Limited was incorporated in 2001 and is headquartered in Singapore.

http://www.sgx.com/wps/portal/sgxweb/home/...kfacts?code=558

hmmm... can think think also.. div yield above 6%

https://www.fool.sg/2016/04/07/how-risky-is...-an-investment/


Electronics manufacturing services provider Venture Corporation Ltd (SGX: V03) is a company that could attract income investors right now with its high dividend yield.

To the point, at its current share price of S$8.39, Venture Corp has a yield of 6.0% thanks to its annual dividend of S$0.05 per share in 2015. For perspective, the SPDR STI ETF (SGX: ES3) – an exchange-traded fund which tracks the fundamentals of Singapore’s stock market benchmark, the Straits Times Index (SGX: ^STI) – has a yield of ‘just’ 3.6%.

But, when it comes to investing, it’s not just the potential rewards that matter – the risks are worth considering too. So while Venture Corp has a high yield, investors might also want to think about its downsides.

When it comes to a stock’s risk, there are many areas to look at, but let’s focus on just two here.

Balance sheet risk

A company can be made fragile by the presence of high levels of debt on its balance sheet.

When a company has been borrowing money wantonly, it could run into trouble with servicing or repaying its loans at some stage. In such events, the company’s shareholders could face painful outcomes such as dilution, an elimination of dividends, involuntary sales of assets, and in the worst-case scenario, bankruptcy.

Walter Schloss, an investor with a phenomenal long-term track record, once said, “I like to look at the balance sheet and I don’t like debt because it can really get a company into trouble.”

On the other hand, a strong balance sheet – one that has plenty of cash and little debt – can help a company tide over tough times and even be a source of opportunity for a company when its financially weaker competitors have to batten down the hatches to survive stormy weather.

For Venture Corp, its balance sheet looks to be in great shape in my view. The company currently has S$459 million in cash and just S$135 million in total debt.

Customer concentration risk

It can be dangerous for a company to have just a handful of customers. Just think of what can happen to its business if one customer collapses or simply decides to walk away? A high level of customer centration has killed companies before and the sapphire glass manufacturer GT Advanced Technologies is a great example.

The company was listed in the U.S. stock market and had to file for bankruptcy in late 2014 when its product failed to meet the requirements of its customer, Apple Inc. At that time, Apple was likely to be responsible for the lion’s share of GT Advanced Technologies’ revenue.

There may be some worries here with Venture Corp. In its latest 2015 annual report, the company revealed that there was one customer which made up “more than 10%” of its total revenue of S$2.656 billion in that year.

“More than 10%” is a little vague, but it’s not the precise number I’m concerned with here. What’s more important to know is that Venture Corp has a big customer and that’s a risk to note.

That said, the company need not necessarily be in danger in the future. The situation has been going on since at least 2013 (there was also one customer that accounted for over 10% of Venture Corp’s total revenue in each year in both 2014 and 2013) but the company has still managed to grow its revenue in 2014 and 2015.

A Fool’s take

In summary, Venture Corp is a company with a low level of balance sheet risk but high (and possibly very high) customer concentration risk.

But on the earlier question on just how risky is the high-yielding Venture Corp as an investment, there’s still insufficient information in here to be able to reach a conclusive answer. While a study of the company’s balance sheet and customer concentration profile is important, there are other key aspects of the company’s business fundamentals to consider, as I had mentioned.

yeap i totally agree. The reason i choose UMS is because of the few times payout in a year vs the 1 time payout.

also the chances of Capital Appreciation might be faster with UMS.

My entry price for UMS is low. Now looking at the price , Is it the right time to top up?

Silverlake Axis i hv disposed. Might enter again if the price is right.

Erm.. no more Apple suppporter. Now i am Samsung & Korea fan...

Today SGX very red.. can go shopping.

maybe i will top up CACHE LOGISTICS

This post has been edited by elea88: Jun 13 2016, 09:14 AM

coz i still hv CACHE LOGIS. Like kinda need average down.

and i dun want buy more counters. I sticking to what I hv.

If not my portfolio is going to long list ....

hv joined u with OCBC. Bought yesterday done.

my 1st Banking stock .

https://www.fool.sg/2016/01/04/the-best-sin...016-and-beyond/


hmm... UOB lor... if u want add banks. according to above article.



However base on yield.. OCBC is a bit better...

http://www.topyields.nl/sti-best-dividend-stocks/





This post has been edited by elea88: Jun 15 2016, 10:04 AM

i agree... low in yield.. Price also YOYO.
however i already very heavy in REITS .

So, just for diversification... bought OCBC for long term holding.

This post has been edited by elea88: Jun 15 2016, 03:58 PM

no cheap sales.... looks like all costed in earlier.

who is Shopping on this super red day?

Across globe.. all red.

So, need opinion.. SGX will be more down next week?

I hv not yet start shopping... Today or Next week?

wait Monday then...

i look look....so long Raffles Medical.. but cannot make myself to buy it coz yield not as attractive as Reits...

where got red? i need to top u by 29 June as brokerage offer.
Waiting for the red.. but.... still look same.

i will top up my Kep Corp, kep reit, ascot reit

coz i hv these in my portfolio. And just want to top up.

There are others better one than these.

For me, its just to balance up my 30 counters portfolio.
I am trying not to add in new counters.

Also to use up my divs and to enjoy the lower brokerage.