Let's talk about counters in the SGX - penny counters, big mkt-cap counters, counters that have vanished, etc,..

Looking at things in another way - yield-counters or not : penny-sized yield-counters, blue-chip yield counters, betting counters, etc,..

I'll start with Keppel Corporation. I love Keppel Corporation for its big market-capitalization, having been around for a long time, consistent and twice-a-year dividend payout and very recently, a yield of 7.23% as of today.

Any other SGX counters that specially appealed to the forummers here ?

This post has been edited by Hansel: Sep 29 2015, 04:29 PM

Hi Bone - FKLI King,... Olam,.. commodities counter. Commodities rout now,... not a good time to enter yet because still unsure how long will this rout run... Same with Noble, Noble is worse,... a body called Muddy Waters keeps poking at her accounting reports.

Right,... I'll quote a personal experience here. I used to hold a business trust called Cityspring. It IPO'ed with a large percentage held by the investment arm of the Sgp Govern't called Temasek.

Bought a few assets, and the last one it bought was an undersea cable facility linking the south of Vicyoria with Tasmania. After that acquisition, everything went downhill.

They held seminars, saying repeatedly to publications that Temasek held substantial stakes in the trust, blah, bah, blah,.. but thing did not work out and the prices dipped all the way down (after I divested). I certainly did not buy the CFO's story (his name was Tong,... something) after I saw him talking to investors in one of the seminars.

People were still holding,... based on the fact that Temasek was the majority shareholder. But still : things did not work out.

Another eg I could quote is Global Investments. Temasek bought a stake in it after Babcock and Brown did not manage to make this work. But how is the counter today ?? Not that good too.

Price-to-Earnings(PER) currently is 3.11.

http://www.dividends.sg/dividend/summary?ticker=NS8U

The negative EPS is a bit of a discouragement to investors, myself included. OF course, for a REIT and a trust, the free cashflow is more important. But if a REIT/trust keeps losing money per unit on a net basis, then the only way it can continue to pay out dividends is through debt. We all know what this means.

When I was invested in Cityspring a few years ago, I remembered the CFO kept telling the world that it is okay to have low earnings, 'provided' the free cashflow is there to keep-up the dividend payout for the unitholders. It did not last, Cityspring was not able to stand as an entity on its own. The maths just don't work.

Out of the three major banks incorporated in Singapore, of which al three of them are in the list of the safest banks in the world, the one which stands out to me is : OCBC.

Main reason is because of its dividend potential, and growth potential.

What do you guys think ?

It is never wrong to put some money into a Singapore bank, for diversification purpose and for security of our funds.

Hi,... I guessed I learnt the hard way, it's good to inform here.

The SG gomen has two investment arms - Temasek and the GIC (Government Investment Co).

I wouldn't be surprised. After all, SG stocks were not made known yesterday. I'll contribute whatever I can from personal knowledge and experience here. I'll put up thoughts and opinions from 'other than the general' sources here too.

Please give your inputs too, bro,...

To start off,... most beginners would like to know the following. Veterans would sharpen their knowledge too if they come across information related to the following.

How to open a brokerage a/c.
Which one should I use.
Which company has div.
How much do I need.
How much can I make.
Is it a good time to invest.
Is a Reit better than a stock ?

A very useful extract from an interview with an analyst across the causeway on how to identify Durable Companies that can face economic down-cycles, and the tactic of buying funds made up of such companies.

The way to identify Durable Companies should be very useful in these economic times :-

What are durable companies and how does a strategy investing in these companies benefit investors?

The Durable Companies approach is bottom up and its positioning is a result of company-level opportunities. Durable Companies as businesses that are more stable than the market perceives. We have two definitions for stability. The first is if the profits or cash flows of a company do not decline by more than 15% in virtually any scenario. The second is that the primary driver of future value creation for these companies is the management team spending free cash flow wisely. By buying these stable businesses at attractive valuations, we believe the portfolio can generate attractive returns in both up and down markets.

How is the durable companies strategy positioned?

We believe that by looking for stable companies in unexpected market segments such as smaller companies or out-of-favour regions or sectors, we can find stability at more attractive valuations. One example is small and mid caps. There’s a company that runs ferries between England and Ireland. The CEO owns a large portion of the company and the business is competitively positioned. The profit stream is stable, but it’s a small cap company in Ireland. Similarly, the materials sector usually mean metals and mining, and highly cyclical. But there are companies with highly stable businesses that are independent of the economic cycle. They can generate attractive long-term returns if managed well but tend to be overlooked. We manage the portfolio with a total return mindset, and are not beholden to the structure of the index in any way. Thus, the portfolio looks very different from the index with a very high active share of 99%.

What are the main challenges in managing the durable companies strategy?

The only challenge is finding very stable businesses at attractive valuations. It’s why the portfolio is concentrated and unconstrained. The fund typically holds 25-50 securities, and at present we hold 39. This scarcity is why running this portfolio is such a great competitive advantage, because we have a very broad investment opportunity set to choose from, and many great investors to seek input from. This is a valuable resource in managing a portfolio whose success rests on the quality of our company research.

Wouldn't you want to diversify into some SG dividend stocks too ? There is a small risk, though not a big issue with SG REITs = the gearing. When interest rate rises, there will be some impacts, no matter how low the gearing of the REIT is.

The SG SOR (Swap Offer Rate) has been rising,... the rate of rise will pick up when the Feds increases interest rate. The mortgage-holders in Sg are now slowly feeling the pinch. Many loan packages in SG are tied to the SOR, and to the SIBOR too. Just like our BLR.

Yeah,... I can see that you are quite successful in the UWTI and DWTI games. I too follow the US Equities, as for Crude, I just read the everyday news that I come across. As you bump into news about SG REITs, you will come across the SG dividend stocks too. Same principles in analysing with one major difference - SG dividend stocks do not have to give out a minimum of 90% of their net profit in the form of net property income in order to have maximum tax advantage.

For the SG dividend stocks, we look into their Dividend Policy and their record of dividend payout over the years.

Hi Bro,... I use DBS Bank, and I use DBS-Vickers as my Singapore brokerage. ALL transactions in DBS Bank and in DBS-Vickers (DBSV) can be performed online, UNLESS if you are attending to a Rights Issue exercise, then you may need to go down to Sgp to do some small activities.

But, let's leave out this thing called a Rights Issue at the moment.

The first time when you need to set-up the account, you need to go down to Singapore and meet-up with the DBS branch from where you would like your account to be set-up. After your account is setup, you will be given an id, a password and a security token, with which you can use to log-on to your account from Malaysia, and from anywhere in the world.

When you open your DBS Account, open a normal Savings Account and a Multi-Currency Account (MCA) at the same time. With the MCA, you can deposit funds of different currencies into that account into different pockets inside that account.

I'll stop here, bro,... think about this, and ask me any questions you would like to.

For the DBS Savings Acct, prepare SGD1000 to open the account. If the daily amount falls below SGD1000, there will be a service fee of SGD2.00 charged at the end of the month.

As for the MCA, it's a bit dear,... SGD3000 to open and a minimum amount of SGD 3000 must be maintained. Otherwise, a service fee of SGD7.50 will be charged at the end of the month.

Perhaps don't need to open the MCA first. Just open the DBS Savings Account.

There is no duration for inactivity. The account will remain as it is.

For Internet Banking, if you do not log-in after 1 year, the id and password need to be reset again.

For more information, you can call DBS directly at this number : 65 6327 2265

Company was delisted.

Accordingly, the Shares will be delisted from the Catalist of the SGX-ST with effect from 9.00 a.m. on 8 April 2013.

By Order of the Board
Sophia Lim
Company Secretary
4 April 2013

Ann't as in attachment below :-

http://infopub.sgx.com/FileOpen/Annt_Date_...nt&FileID=12014

Sorry !

I was waiting to go into more SGX dividend counters and selected REITs today, thinking that the mkt will fall after the ann't of a technical recession by the Monetary Authority of Sgp (MAS).

The STI performed the contrary by rising instead of falling just like the other bourses around region.

Let's see what happens later on,.... Market is unpredictable.

Tq for your reply, bro,...

A bit of wrong timing at my side - I really needed USDSGD to touch 1.44. So,... I'm a loser, at least in the short term. My USD just sitting there waiting to be converted into the SGD, not earning interest or coupons or dividend.

Happy for you that you bought some SGREITs earlier, and to remember that you hold First REIT too. I have some good news for you about First REIT,... just released :-

SINGAPORE – 13 October 2015 – Bowsprit Capital Corporation Limited (“Bowsprit”), the Manager of First Real Estate Investment Trust (“First REIT” or the “Trust”), Singapore’s first healthcare real estate investment trust with properties in Indonesia, Singapore and South Korea, today announced a 3.0% year-on-year (“y-o-y”) rise in distribution per unit (“DPU”) to 2.08 Singapore cents for the third quarter ended 30 September 2015 (“3Q 2015”), compared to 2.02 Singapore cents of the preceding year (“3Q 2014”).

...so,.. prepare for money dropping in soon.

Dividend stocks,.. still observing,... and some selected REITs too.

Okay,......

I have been watching KEPPEL CORP closely for the following reasons :-

1) big cap stock.
2) good time to enter now because of oil price weakness.
3) quite sustainable and consistent dividend payout.
4) yield is around 6.55% at current price today.
5) company is heavily diversified in terms of business lines and in terms of geography.

Negative qualities for me :-

1) giving-out dividend only twice per year, not the usual 4 times per year that we are used to enjoying.
2) must watch closely in order to buy because it 'jumps back up' very fast.
3) institutions are always watching this counter.
4) though the DPU is QUITE consistent, but still it is not as consistent as the REITs in my portfolio.

can't think of any other reasons,.... Good luck, Elea,...

The price yesterday dipped to 7.19, but I was hesitant to enter,....thinking that the whole SGX will dip today and drop all boats,... but, well, I was wrong.

Wait a little bit more,.. since oil price is still dropping. When the euphoria of the MAS announcement has died down, then oil price will again re-couple itself to the price of Keppel REIT.

Really frustrating, this SGD and Sgp,... MAS says easing, the immediate reaction is the SGD rises,... the STI rises and everything abt Sgp rises,...

You are welcome.

Silverlake - how long have you held on to this counter ? What are your opinions of this counter ?

Hi,...if Silverlake has not settled the accounting issues yet, then it is a good time to do some trading now and take some profits while awaiting further. However, if the acct'g issues are settled via a report from the independent auditors appointed by Silverlake, then I believed the price of this counter would go up nearer to 90 cents. I have not followed this counter very much,... when is the independent auditor due to release the report of its findings ?

The thing that caught my eye about Silverlake was its recurring income stream after a software package has been sold, or an upgrade has been completed for a banking customer. Many large financial organizations in South East Asia use their software solutions.

I have started to buy-in into Keppel Corp today. Gotten-in at 7.28.... Couldn't resist it anymore.... At 7.28, the dividend yield is at 6.60% annually, paid twice a year. I will be receiving the first dividend payment round about the first week of May next year.

I am estimating even if the orders and the rig production processes run into problems, the dividend yield will drop to 6.00% at my Buy price. If Keppel should go down further, I will be able to average down.