HKEX:1288 - Agricultural Bank of China Limited (HKD 3.65

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div yield above 5% for a bank....

2017 CNY 0.17 5.19% 1
2016 CNY 0.1668 6.60% 1
2015 CNY 0.182 5.45% 1
2014 CNY 0.177 6.03% 1
2013 CNY 0.1565 5.86% 1
2012 CNY 0.1315 5.15% 1

U buy this counter ? I have not touch HK shares

yes but the price has plunge instead?

I thought you are interested with HK shares. Hmmmmm

but HK no withholding tax....

choose those annual div instead qtr or monthly as there is expenses when receiving the div.

Question : The mgmt earlier committed 6.50 Cts/unit for FY17. Why are they talking about 5.33 Cts going up to 5.38 Cts in the above ?

I m still have get a chance to catch FLIT. do you the price is still high now ? shall I wait ?

Anyone familiar with MKE monthly saving plan? Their fee tables does not mention anything relevant to withholding tax and dividend handling fees.

*referring to US and HK market

I caught the following write-up about Starhub. I've always wondered if I should continue holding Starhub, or cut loss. The following write-up gives me some ideas on the ability of Starhub to continue paying our distributions.

In a defensive industry, sports strong credit metrics

As Singapore's second-largest telco, Starhub is generally seen as a defensive "cash cow", generating sizable levels of operating cash flow each year. We note that the company is priced on its cash-generative abilities rather than on its asset base, which means the company's debt-to-equity of 507% (as of end-Dec 16) is generally not a good representation of the firm's financial health.

To put Starhub's financials in perspective, the company generated sizable operating cash flows to the tune of S$604.4m and S$637.2m for FY16 and FY15 respectively (before taxes), helping the company to maintain a S$345-346m annual dividend payout to shareholders over the past two financial years. Despite sporting a S$987.5m debt load (as of end-Mar 17), the company paid just S$25.1m in interest costs last year – interest coverage was 27.6X, indicating a very strong ability to service debt. As another measure of financial strength, net-debt to EBITDA (trailing 12-month, as of end-Mar 17) was 0.88X, which suggests that the company can retire all its debt based on operations for less than a year (the end-Mar 17 net debt position was S$586.3m, while FY16 EBITDA was S$690.1m).

While it is unlikely that Starhub would raise S$1b from the issue, even raising such a sizable amount (at a higher 5% p.a. rate) would add just S$50m to interest costs per year. While this would triple interest costs (from S$25.1m in FY16), this would be a "drop in the ocean" relative to the S$600+m operating cash flow generated each year by the company and would not have a significant impact on debt servicing ability (the company's interest coverage is not expected to deteriorate meaningfully with the issuance of the new perpetuals). We would acknowledge that a key risk going forward is the impact of new entrant (TPG) which could hurt profitability of incumbent telcos, although from a bondholders' perspective, the company has a sizable dividend (~S$345m) which it can cut to conserve cash if necessary.

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In short, to make things simple; Starhub can...

1) generate cash of S$600m + every year before TPG comes to bite off part of the mobile cash income
2) payout dividend amount of S$345m every year.

Payout Ratio is only S$(345/600) = 58%.

I forgot,... how much does mobile contribute to the total operating cashflow of Starhub ? Bros Ram, Prince... do you guys know ??

I shall focus on the above two statements by bro,...

If you look at my earlier posting, as per :-

1) generate cash of S$600m + every year before TPG comes to bite off part of the mobile cash income
2) payout dividend amount of S$345m every year.

Payout Ratio is only S$(345/600) = 58%.

Does Starhub need to borrow to give out dvds ? It s generating almost twice of the cashflow required to pay out dvds. How does your calculation support your above statement ?

Starhub has recently acquired a cyber-security firm too, can't remember the name,... hence, Starhub is going into this field as well,...

Starhub’s dividend payouts have outstripped its free cash flow for the past few years, so that was a sign that the company was struggling to keep up its dividend payments. It was, for this main reason
http://dollarsandsense.sg/can-learn-starhu...rned-nightmare/

Starhub on the other hand is the one that choose a unique debt financing structure. Their ratio of Current Liability to Long Term debt to Equity stands at 8 to 9 to 1.

More info on starhub debtshttp://investmentmoats.com/money-managemen...debt-explained/https://www.fool.sg/2014/10/27/is-starhub-ltd-overleveraged/



Which means they are basically funded fully by debt. This is a bloody red flag to alot of people.
http://investmentmoats.com/money-managemen...telecom-stocks/

http://singapore-stocks-investing.blogspot...medium=facebook

i am interested in this 3.

i hv MOYA ASIA.

will start homework for the balance 2 this weekend.

anyone hv these water stocks?

any comments?

Proof
Indonesia faces large challenges in securing municipal water supplies. Access to water is gradually improving in rural areas, but access to clean water in urban areas is an ever-increasing problem. Most Indonesians stillhave to arrange their own water supplies. Many urban dwellers are forced to buy water from vendors at inflated prices. Those that cannot afford it are forced to use polluted sources, such as tainted well water and poor quality river water, creating considerable health risks. Around 32.5 per cent of households rely on low quality drinking water.

Overexploitation of groundwater resources is resulting in critical issues of contamination and salinisation of aquifers. The private companies overseeing the allocation of water resources in Jakarta only supply 40 per cent of demand, forcing commercial businesses and residents to create and rely on illegal wells. This means that groundwater extraction is widely unregulated. Overexploitation of water resources is a significant problem in Indonesia, as attitudes across the country, from rural villages to industry, remain impervious to the importance of water conservation.
http://www.futuredirections.org.au/publica...ecurity-future/

just considering...

if i want to get just 1 (ONE) dividend stock in SGX, what would u suggest?

If just one and only dividend stock, then I pick HPH USD. Can wait for it to come down to around 0.40. Dividend coming in July

netlink IPO go in or not?

seems like the next best thing?

sell house throw everything in?

some claim SINGTEL might pay dividend in form of NETLINK shares

If the deal has failed, it would have been announced immediately, or perhaps no ann't even,... just status qo and life goes on. But if there is a trading halt, and after 5 hrs, still nothing , then the deal would have been sealed already,... only thing is what are the Ts and Cs of the buyover only,....

Did a fast holding share holding

Blackrock 6.47%

Vanguard  8.93%

Blackrock's total holdings through their various funds, etc is lesser than Vanguard's.

Blackrock's holding is quite small of the total as you can see. If they are to buy out the other share holders, they will certainly have to offer a lucrative price.

Pump and Dump tactics

can do online meh?
need to go SGX and use the ATM isn't it?

i hv not applied any SGX IPO before.