Wilmar share price turned bullish with surging CPO

Sign up for only $19.99! Form is temporary, class is permanent. In this regard, will Wilmar share price stage a “return of the King”? The counter has been in mighty form lately due to the resurgent crude palm oil (CPO) prices. The monsoon season has caused floods in many areas of the oil palm plantations and caused tight supply. According to Malaysian Palm Oil Board (MPOB), CPO prices are expected to be trading above RM3,000 per tonne mark until the first quarter of 2021.

As Wilmar is one of the world’s largest oil palm plantation owners, CPO prices have always been proxy for Wilmar share price. In fact, the recent explosive form of Wilmar share price should be attributed to the robust CPO prices. To put things into perspective, the current CPO price of RM3836 was nearly a decade record high.

Wilmar share price to hit $5?

Wilmar share price

Based on data extracted from MPOB, the last time that CPO prices were trading at RM3800 to RM3900 levels was in February 2011. Back then, Wilmar share price was trading at around the $5.25 bandwidth. Of course, many investors would argue that over the past decade, Wilmar’s businesses had evolved significantly and that it will not be fair to judge Wilmar share price in 2011 against its current levels. However, a look at the financial result of Wilmar actually showed that the performance of 2QFY2011 was comparable to 2QFY2020.

In 2QFY2011, the revenue was US$20 billion while net profit amounted to US$780 million. Fast forward to 2QFY2020, the revenue was US$22 billion while net profit amounted to US$610 million. The key difference between the two periods is the peaking of the CPO prices. In February 2011, CPO prices had peaked while current prices have not reached the peak. Against this backdrop, there is …

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Keppel share price to soar with potential demergers?

Sign up for only $19.99! The only predictable thing about Keppel share price is its unpredictability. In this regard, will 2021 herald a new era or yet another false dawn for Keppel share price? Looking back, it has been an absolute gut-wrenching ride for investors as Keppel share price undergo tremendous volatility in 2020.

The counter plunged to $4.90 on 19 March when global stock markets blew up in pieces during the outbreak of COVID-19 pandemic. Consequently, all hell broke loose for Keppel share price as the blue chip was not spared from the terrifying carnage.

Keppel share price

The resulting COVID-19 pandemic had led to oil prices collapsing to negative levels in May 2020. Nonetheless, Keppel share price confounded analysts to stage a swift recovery from the meltdown to hit a high of $6.00. Unfortunately, that impressive run was soon brought to an unexpected halt when Temasek Holdings pulled out of the conditional offer to buy a controlling stake in Keppel Corp.

Keppel share price plunged to 11 year low

Keppel share price in winter wonderland with Temasek Holdings

Can Keppel share price meet the great expectations of Temasek Holdings?

Indeed, the stunning move by Temasek Holdings had briefly caused a crisis of confidence on Keppel share price as the counter sunk to an 11-year low. The last time that Keppel share price was trading at $4.00 bandwidth was during the Global Financial Crisis in 2009. Keppel share price never really recovered from that knock-out blow as the stock did not touch the $6.00 bandwidth since then.

For sure, the Temasek saga have caused a serious dent in Keppel share price but the Group went on a charm offensive to woo back investors with its reaffirmation of Vision 2030 in September and then a surprise announcement of leadership renewal for key business …

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Behind the Scenes of The Property Market

Ten years ago, I began my real estate journey when I just started a family. My first property was a 5-room HDB flat in Bedok. That property let me made my first pot of gold when I sold it at the peak of the 2013 property market. Back then, we had decided to downgrade to a 3-room HDB flat in Bedok. Subsequently in 2017, my family upgraded to an Executive Condominium (EC) in Punggol – The Terrace.

As I look back at my family’s financial journey, I can’t help but marvel how property had indeed played a significant part in my life’s progression. No doubt about it, if you played the game right, real estate can truly unlock value for you. As we are approaching the 5-year Minimum Occupation Period (MOP) for our EC, we are considering the next step forward. So when property blogger, Vina Ip, invited me to review her book – Behind the Scenes of The Property Market – I thought it was really god-send.

property market

Incidentally, this is the second book review that I am doing for Vina. In 2014, I had done a review on her book “No B.S. Guide to Property Investment – Dirty Truths and Profitable Secrets to Building Wealth through Properties”.

Although I am a financial blogger, I must confess that I have not been following the property market closely in recent years. Apart from providing insights on the new government policies on property curbs and guest posts from property bloggers, I have not been writing articles on the property market.

Vina’s latest book gives me the opportunity to keep myself updated on the latest developments in the property market, and at the same time, enables me to make a more informed decision in my next property purchase. In this article, …

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Jiutian Chemical share price to hit $0.20?

Sign up for only $19.99! After losing my pants investing in an S-chip more than 10 years ago, I swore never to touch anymore S-chips in my life again. The impetus for this article arises from a request of a member who enquired about the recent bout of volatility of Jiutian Chemical share price. In the course of my research, I find that this stock could be an interesting COVID-19 recovery play.

Once again, this is a premium article. To unlock the full article, please sign up as member! In addition to viewing all the premium articles, you can request for coverage of stocks you are interested in.

Jiutian Chemical share price

Since 2007, Jiutian Chemical share price had collapsed by a stunning 90% to reach abysmal levels. The arrival of COVID-19 in 2020 had also led to Jiutian Chemical share price plunging to a record low of $0.01. Against this backdrop, investors could be forgiven for thinking that it’s the end of the road for Jiutian Chemical share price.

Nonetheless, sometimes life can be stranger than fiction. Who would expect that Jiutian Chemical share price is now trading at a 5-year high? What could have led to the revival of Jiutian Chemical share price? Is it really going to be light at end of tunnel for Jiutian Chemical share price?

In my humble opinion, the vaccine for COVID-19 could be pivotal in the turnaround of the ailing S-chip. This is because to transport the vaccine to various countries, large amount of dry ice is needed. To manufacture dry ice, carbon dioxide is needed. Currently, there is a global shortage of carbon dioxide.

Although Jiutian Chemical is not a major supplier of carbon dioxide, the company is a major manufacturer of dimethylformamide (DMF). Carbon dioxide is a by-product of industrial processes like DMF …

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Wilmar share price to hit $5?

SIGN UP FOR $10 TO UNLOCK ALL ARTICLES! Amid the era of COVID-19, not many SGX companies can boast making US$1 billion profits, much less clocking higher earnings as compared to 2019. Wilmar is one of the exceptional elites which have performed well despite the devastating pandemic. In this regard, will Wilmar share price hit $5 in 2021?

In spite of the good financial performance, Wilmar share price remains the biggest enigma among investors. Year-to-date, there is no change in Wilmar share price despite the robust financial performance. Very strangely, the counter was trading at $4.20 on 2 January and remained at the same bandwidth at the point of writing. In between this period, Wilmar share price has witnessed pretty much volatility as the counter plunged to a low of $2.90 on 23 March to a high of $4.90 on 19 August.

Indeed, Wilmar share price had been a complete let down. Many investors expect the stock to soar following the successful listing of subsidiary Yihai Kerry Arawana (YKA) in the China stock market. In fact, net proceeds of US$2.05 billion were received from the new YKA shares issued. Instead, Wilmar share price collapsed from $4.66 on 14 October (the day of YKA’s IPO) to a low of $4.00 on 30 October.

Wilmar share price

Wilmar share price to explode with India IPO?

Wilmar share price ambushed by short sellers

Wilmar share price to rocket to $7?

Wilmar share price to hit the roof in 2020?

Wilmar share price in lung bursting form

One of the conspiracy theories for the unexpected collapse of Wilmar share price is attributed to short-selling activities. On 15 October, short selling activities on Wilmar share price surged to a whopping 10.5 million, nearly 10 times the daily average volume for this counter. While the Chinese investors popped the …

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Four Ways SEO Can Help You Grow Your Business

SEO stands for Search Engine Optimization. Services like Google, Yahoo, and Bing are search engines. Billions of people use them every day and search for solutions to their every little problem. These services take benefit of their massive user base and use it for marketing purposes.

These search engines don’t have answers to all queries, so they allow you to answer the queries of its users. Almost all businesses provide a solution to a problem and make money from it. So they create websites and target those searched queries.

SEO

The problem is that there are a lot of businesses offering the same service, so search engines like Google look for the best results and rank them accordingly on the result pages. In order to make their website ranks in the top results, businesses hire the help of SEO experts. Here I have shared why you also need to take the help of an SEO agency Singapore to grow your business.

Cheaper Marketing

Marketing usually takes the biggest chunk of profits. However, SEO doesn’t require you to invest all your profits away. It’s one of the cheapest digital marketing tactics that brings you measurable results. You will have to invest some extra at the beginning to build your place in the online world. After you have built a position, you only have to maintain it.

You Get Long Term Sales

An advertisement gets you results only for as long as it’s live. On the other hand, SEO keeps bringing results for a  long time, even after you stop investing in it. Once you have created some pages that are ranking on the first page of search engine result pages, people will keep visiting them. If you have created the right content, those visitors will keep converting to customers.

Best Way to

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Singtel share price sinks or swims with digital banks?

SIGN UP FOR $10 TO UNLOCK ALL ARTICLES! The headlines screamed “Singtel share price soared with digital bank win”. Yet on 7 December (the following Monday after which Grab-Singtel consortium won a full digital banking license from MAS), short-selling volume rose to a stunning high of 21 million shares. This is almost five times the average short-selling volume for this counter. What’s going on?

As one of the leading lights of SGX mainboard, Singtel share is highly popular with investors. So the recent digital bank license win must have brought some relief to many of these long-suffering investors. For the past one year, Singtel share price had been in terrible form, plunging from $3.40 at the start of the year to a low of $2.00 on 2 November. Not surprising, the key culprits for the bearish form of Singtel share price were the COVID-19 pandemic and the losses from Airtel.

Singtel share price

Then on 12 November, Singtel share price came under further pressure following the announcement of the 1HFY2021 results which saw the interim dividend falling to 5.1 cents. This is the lowest interim dividend in the past decade.

The digital bank license win should renew faith and increased interests among retail investors in Singtel share price. Thus, I suspect that the short sellers must be banking on this to ambush unwitty retail investors. In recent years, the changes made to SGX Securities Borrowing and Lending (SBL) programme lend support to short selling activities.

With effect from 2 December 2019, SGX replaced the fixed rates for SBL programme. The borrowing rates for index stocks had been dramatically reduced from 6% per annum to a low of 0.5% per annum! To rub salt into injury, the borrowing rate is only 0.25% per annum for Singtel shares! At such dirt- cheap rate, …

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Sembcorp Industries share price gave me 37% return!

SIGN UP FOR $10 TO UNLOCK ALL ARTICLES! Christmas certainly comes early for Sembcorp Industries investors as Sembcorp Industries share price surged from $1.17 on 9 September to $1.85 on 4 December. The incredible run of Sembcorp Industries share price followed the epic demerger from the ailing Sembcorp Marine. The deal propelled Sembcorp Industries share price to one of the best, if not the best, performing stocks in SGX mainboard.

Sembcorp Industries is the best stock that I have ever invested in. In late September, I bought 35,000 shares when Sembcorp Industries share price was trading at $1.35. On 7 December, I decided to cash out and clocked in $17,500 of profits. The decision to cash out was not easy because of the good work of CEO Wong Kim Yin.

Sembcorp Industries share price

For sure, CEO Wong Kim Yin hit the ground running. Appointed as CEO only in 1 July 2020, he had overseen the demerger of Sembcorp Marine and quickly pivoted Sembcorp Industries’ business focus in the clean energy sector with a slew of contract wins. As he was the former CEO of Singapore Power, Wong Kim Yin should be the right man for the right job. In this regard, I am convinced Sembcorp Industries share price will continue to do well in 2021.

Usually, I would give a new CEO at least three years to prove his mettle but the impact of Wong Kim Yin’s appointment on Sembcorp Industries share price is nothing short of spectacular. The counter has been climbing steadily for the past few months despite the challenging operating environment caused by COVID-19 pandemic. Apart from DBS’ Piyush Gupta, I could not recollect another CEO of Temasek-linked companies making such impact as Wong Kim Yin.

Will Sembcorp Industries share price carry on its fairy-tale run and hit the $3.00 …

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Lion OCBC Securities Hang Seng Tech ETF

Sign up for only $19.99! Ten years ago, it is hard to imagine Chinese technology companies that could rival their US counterparts like Google, FaceBook, Amazon and Netflix. Now, the likes of Alibaba, Baidu and Tencent have dominated Mainland Chinese’s mammoth market. Against the backdrop of a US-China trade war, many of them have secondary listings in the Hong Kong stock exchange in recent years. Could this trend be a catalyst for Lion OCBC Securities Hang Seng Tech ETF?

Exchange Traded Funds (ETFs)

OCBC share price on the way to $11

If you believe in the long-term growth of Chinese technology industry, the Lion OCBC Securities Hang Seng Tech ETF may be an interesting offering. Lion Global Investors, the asset management arm of OCBC bank, is listing the Lion OCBC Securities Hang Seng Tech ETF. Launched in 20 July 2020, the Hang Seng Tech Index tracks the 30 largest technology companies listed in Hong Kong. The IPO period for Lion OCBC Securities Hang Seng Tech ETF is from 23 November to 7 December 2020.

Lion OCBC ETF

For the uninitiated, exchange-traded fund is a passive investment in which a fund attempts to replicate the performance of the index in which it is tracking. In this case, the Lion OCBC Securities Hang Seng Tech ETF tracks the performance of Hang Seng Tech Index by investing in shares of companies listed in the index. Some of the companies included Alibaba Group, Xiaomi, Lenovo, Tencent, Ping An Healthcare and Technology Pte Ltd.

Broadly speaking, ETF is a type of collective investment scheme that pooled money from investors and invests according to the fund’s objective. Lion OCBC Securities Hang Seng Tech ETF is no exception. In a way, ETF is quite similar to unit trust. The key difference between unit trust and exchange traded fund is …

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OCBC share price on the way to $11

Sign up for only $19.99! On 9 November 2020, I wrote that OCBC share price was poised for an upturn and could potentially hit $10.00. Since then, OCBC share price went on a splendid run to smash past $10.00 within a span of just two weeks. The superb form of OCBC share price caught many investors, including myself, by surprise.

The main catalyst for OCBC share price should be attributed to the possibility of COVID-19 vaccination deployment in December, sparking widespread pent-up expectations of macroeconomic recovery in 2021. Indeed, 2020 has been such a wretched year for OCBC share price that any positive developments in the fight against COVID-19 pandemic raise expectations of a global economic recovery.

OCBC share price

Another catalyst for OCBC share price was the Lion Global Investors’ listing of tech-focused ETF on SGX. The ETF tracks technology companies listed in Hang Seng. As Lion Global Investors is the asset management arm of OCBC, the ETF should give OCBC share price a shot in the arm and fuel the bullish form of OCBC share price.

The third driving force for OCBC share price should be the stellar performance of its wealth management unit – Bank of Singapore. The acquisition of Barclay’s wealth management business in Singapore and Hong Kong in 2016, coupled with the acquisition of National Australia Bank’s wealth management business in Singapore and Hong Kong in 2017, bolstered the wealth management’s clout. Despite the challenging climate, 3rd quarter saw wealth management recording income of $938 million, the highest quarter since 2018.

Admittedly, OCBC share price has cooled off from the high of $10.40 witnessed on 25 November. Nonetheless, I view this pull-back as healthy. You certainly don’t want to see the counter surging to the point of bubble formation. If OCBC share price reached that stage, the …

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Will that fits the bill

By Lena Teng, CFP®, Acting Head of Solutions and Investment Lead, MoneyOwl

Amongst all the pillars of financial management, from savings to investments to retirement planning, will-writing is definitely the one that’s most misunderstood.

A will is a legal document through which a person declares how his/her assets will be distributed in the event of death. A simple internet search on ‘will-writing’ brings you to a long list of suggestions, of which a good number of them focus only on breaking down its misconceptions and common myths. The immense number of articles on this just goes to show that many are still unsure of this confusing and misunderstood aspect of financial planning.

BullionStar

This is a significant knowledge gap that needs to be addressed—as it contributes a big part to why will-writing remains to be a taboo topic amongst most in Singapore, with 56% of adult Singaporeans reporting that they have not made a will.
Will writing is not only crucial, but also a surprisingly simpler process compared to all other aspects of financial planning. The quick questionnaire below will help you unpack the seemingly mysterious concept of will-writing.

Question 1. Which of these is closest to the sum left unclaimed over the last 6 years by those who died without naming a beneficiary ?
a. $500,000
b. $1,000,000
c. $15,000,000
d. $200,000,000

Question 2. How long would writing a simple will online take?
a. 1 hour 30 minutes
b. 1 hour
c. 30 minutes
d. 15 minutes

Question 3. What is the cheapest rate to have a simple will written?
a. $1,000
b. $500
c. $100
d. Free

Question 4. Which of these are included in wills?
a. CPF, Assets
b. CPF, Assets, Liabilities
c. CPF, Assets, Liabilities, Beneficiaries
d. Assets, Liabilities, Beneficiaries

The correct answer for all 4 questions …

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DBS Group Holdings share price in India adventure

Sign up for only $19.99! Since early November 2020, DBS Group Holdings share price went on an explosive run, surging from $20.35 to a high of $25.00 on 23 November. The driving factors for the bullish run of DBS Group Holdings share price were the excellent 3rd quarter financial result, the 95% efficacy of COVID-19 vaccine trial and Joe Biden being confirmed as the new President of United States.

Nonetheless, DBS Group Holdings share price turned cold turkey after the stunning announcement of a proposed merger of its wholly owned subsidiary, DBS Bank India Limited (DBIL), with the ailing Lakshmi Vilas Bank. Market reactions were mixed, causing DBS Group Holdings share price to lose steam.

DBS Group Holdings riding the storm

DBS Group Holdings share price & Piyush Gupta

DBS Group Holdings share in bloodbath with Hin Leong

DBS Group Holdings share in explosive meltdown

DBS Group share price in dark chapter with virus

DBS Group Holdings share price ambushed by coronavirus?

DBS Group Holdings share price

Obviously, many Singapore investors are still miffing over the epic multi-billion fines meted out by Indian court against Singtel in November 2019. That saga caused Singtel to record its first quarterly loss amounting to a whopping $668 million. But will DBS Group suffer the same fate and what could be the long-term impacts on DBS Group Holdings share price?

To put things into perspective, Singtel’s India adventure is not a total flop as the telco war is coming to an end in India and there is light at end of tunnel for Singtel’s Airtel. In the long run, Airtel should complement Singtel’s narrative as a regional telco player. In addition, fellow Strait Times Index (STI) compatriots, Sembcorp Industries and Wilmar have successful investments in India in recent years. So I believe it is really too premature to …

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Keppel REIT share price to explode with special dividends?

Sign up for only $19.99! My last article on Keppel REIT share price was in October 2019. Obviously, that was before the implosion of COVID-19 pandemic. Since then, the landscape has changed drastically and Keppel REIT share price was not spared from the unfolding events.

Recently, the management team provided a business update to the local finance bloggers community. I had the privilege to attend the briefing and had the opportunity to gain a deeper insight into this leading commercial REIT. For the longest time, I have been interested in investing in an S-REIT. In this article, I will share the investment merits and cons of Keppel REIT share price.

Keppel REIT share price

In the previous update, I have shared that the management had been aggressively buying back units from the market. Since then, the management went on to conduct even more units buybacks in 2020. The amount of units buybacks was truly breath-taking – at 95.3 million units since 3QFY2018. The massive units buybacks provided critical support for the stock as Keppel REIT share price bounced from $0.90 on 24 March to a high of $1.20 on 10 June 2020.

While it is very common for listed companies to conduct shares buybacks, I believe Keppel REIT is the only S-REIT to do units buybacks. Even if it is not the only one, I don’t see the other S-REITs buying back their units on such a massive scale. However, since March 2020, the management has halted the units buybacks. Going forward, what will be the outlook for Keppel REIT share price? Will COVID-19 weigh on the demand for Grade A office space and dampen the office rental rates and will Keppel REIT share price surge with potential special dividends?

Note that this is an opinion article and not meant to be a …

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Sembcorp share price dances with potential India IPO

Sign up for only $19.99! Post-demerger with Sembcorp Marine, Sembcorp share price turned bullish to hit a high of $1.69 on 13 November. Within a span of merely two months, Sembcorp share price rose a stunning 44%, making this counter one of the best stocks, if not the best, in Singapore Exchange.

Could rumours of the blockbuster listing of subsidiary, Sembcorp Energy India Limited (SEIL), sparked the explosive rally of Sembcorp share price? Even if the IPO did not materialize in 2020, the release of SEIL’s half yearly result on 13 November certainly gave Sembcorp share price plenty of boost.

Sembcorp Industries share price will hit $3.00

Sembcorp Industries to smash $3.00 with India IPO?

Sembcorp Industries share price to hit $5.00 after demerger?

Sembcorp share price

SEIL announced a net profit of Rs3.57 billion ($55 million) for 1HFY2020, reversing losses of Rs164 million ($3 million) in 1HFY2019. The financial result of SEIL is certainly encouraging and will surely lend support to the IPO as it indicates that the market condition has improved in India. Against this backdrop, Sembcorp share price turned bullish for the couple of months.

In October, the management also implemented a slew of initiatives that helped to push up Sembcorp share price. The first was the redemption of the $1.5 billion bonds due in 2024. The redemption would achieve annual interest cost savings of approximately $25 million to $35 million. Following this news, Sembcorp share price went berserk and surged from $1.55 to hit a high of $1.70.

And then the management surprised the market by launching a series of shares buybacks starting from 29 October. By 6 November, 3.58 million of shares had been bought back from the market, providing strong support for Sembcorp share price. Yet despite the rising Sembcorp share price, the Price/Book Value remains at …

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Wilmar share price to explode with India IPO?

Sign up for only $19.99! Following the listing of subsidiary Yihai Kerry Arawana (YKA), Wilmar share price surged to a high of $4.70 before plunging to a low of $4.00 in October. The fall of Wilmar share price confounded plenty of investors as the market capitalization of Wilmar represented half of its value of holding in YKA at the point of the IPO. This is indeed a very strange phenomenon!

Wilmar share price is prone to movement of the big boys because in FY2019 annual report, the number of shares held by public constituted just only 28%. This means that the major shareholders have a major influence on the share price movement. Indeed, Wilmar share price took a beating in August 2020 when major shareholder, Archer Daniels Midland (ADM), sold 170.5 million Wilmar at $4.40. In addition to that, ADM had entered into a stock-borrow arrangement in respect of its Wilmar shares in connection with its offering of US$300,000,000 zero coupon exchangeable bonds.

Wilmar share price

To halt the rapid slump of Wilmar share price, the management went on the offensive to rescue the stock – ranging from shares buybacks, announcement of special dividend, insider buying and reporting a stellar 3rd quarter financial result. Yet all these efforts did not reverse the bearish form of Wilmar share price in October.

Wilmar share price ambushed by short sellers

Wilmar share price to rocket to $7?

Wilmar share price to hit the roof in 2020?

Wilmar share price in lung bursting form

One of the conspiracy theories for the unexpected collapse of Wilmar share price is attributed to short-selling activities. On 15 October, short selling activities on Wilmar share price surged to a whopping 10.5 million, nearly 10 times the daily average volume for this counter. So while the Chinese investors popped the champagne …

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OCBC share price to explode to $10.00?

Sign up for only $19.99! Those who stay invested during crises will be duly rewarded while those who didn’t would look back and rue missing the opportunities. In this context, will OCBC share price explode to $10.00 in the coming weeks?

With Joe Biden being confirmed as the new President of United States, many investors expect a bull run in the stock market. In my view, it does not matter whether Donald Trump or Joe Biden becomes the next President because the result will only remove uncertainties for institutional players to return to the stock market. Post-election, investors should be looking at earning growth among companies. In this regard, OCBC share price could be poised for an upturn.

OCBC share price

OCBC share price held ransom by Great Eastern

OCBC share price ambushed by MAS

OCBC share price in horror show

OCBC share price in explosive free fall

OCBC share price in devastating bloodbath

3rd quarter business update could be the pivotal catalyst that sets OCBC share price on fire. The latest financial report showed that the venerable bank recorded net profit of $1.03 billion for 3QFY2020, representing 41% higher than the previous quarter. The higher net profit was driven by lower allowances.

Year-to-date, OCBC share price has fallen by 19%. Though the latest financial performance indicates that the worst may be over for the bank, it is too premature to claim that the OCBC share price is out of the woods. Going forward, the bank will continue to be impacted by ultra-low global interest rates even as Singapore emerged from the dark chapter of COVID-19.

Question now is whether OCBC share price could storm past $10.00 in the coming weeks. The last time that OCBC share price was trading above $9.00 was before Monetary Authority of Singapore (MAS) implemented a slew …

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DBS Group Holdings share price riding the storm

Sign up for only $19.99! Following the release of 3rd quarter business update, it seems to me that DBS Group Holdings share price is set for a much-anticipated rebound. The latest report showed that total allowances for 3rd quarter shrank to $554 million. This amount is significantly lower than the $1.94 billion recorded for the 1st half.

The drop in allowances could spark the revival for DBS Group Holdings share price as the bank navigates the fallout from COVID-19. In my opinion, this is the best window of opportunity to invest in this counter as Singapore’s GDP expanded by 7.9% on quarter in the third quarter of 2020. As DBS is the biggest lender in Singapore, DBS Group Holdings share price will be among the first stocks to benefit from the country’s recovery.

DBS Group Holdings share price

DBS Group Holdings share price & Piyush Gupta

DBS Group Holdings share in bloodbath with Hin Leong

DBS Group Holdings share in explosive meltdown

DBS Group share price in dark chapter with virus

DBS Group Holdings share price ambushed by coronavirus?

The latest financial result is certainly impressive as third quarter’s net profit jumped 4% on quarter to $1.30 billion while fee income rises 17% to pre-COVID levels. The improved business momentum could set the stage for a buoyant DBS Group Holdings share price in the coming months. However, taking some shine off the result is the 4% drop in total income to $3.58 billion. This is due to the 6% drop in net interest income to $2.2 billion.

Indeed, the longer-term impact for DBS Group Holdings share price should be the ultra-low interest rates environment. As a bank, DBS makes money from charging customers interests on loans. Therefore, interest income is a major revenue source for the bank. On a yearly basis, the …

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CapitaLand share price plunged 11% within a month

Sign up for only $19.99! Has CapitaLand share price bottomed? October had been a terrifying month for CapitaLand share price as the counter crashed 11%, falling from $2.80 to a low of $2.50. What has led to the turbulence for CapitaLand share price?

In my point of view, the bearish form of CapitaLand share price could be attributed to more of a combination of factors than a sole underlying problem. The build-up to the US Presidential Election had led to a very volatile stock market in October. Most of the Straits Times Index (STI) components suffered carnage and CapitaLand share price was no exception.

CapitaLand share price

CapitaLand share price worth $5.00?

CapitaLand share price flying with Liang Court redevelopment

CapitaLand share price set for explosive bull run?

CapitaLand share price and the Golden Job

The second factor that punctured the form of CapitaLand share price could be the fallout from COVID-19 pandemic. Data revealed that many of its malls were still giving rental waivers to tenants in 3QFY2020. For example, Raffles City reported lower revenue and net property income mainly due to grant of $15.2 million rent waivers to tenants. 4 November will be destiny day for CapitaLand share price as the Group will report the third quarter update.

The third factor for the explosive meltdown of CapitaLand share price could be the works of the short-sellers. The month of October saw short-selling volume surging for this counter. The week of 26 – 30 October saw shot selling volume hitting a high of 20 million shares. In the process, CapitaLand share price inevitably got walloped upside down.

WeekVolumeValue
7 -11 September3.9 million$10.6million
14 – 18 September3.1 million$8.4 million
21 – 25 September10.3 million$27.6 million
28 Sept – 2 Oct6.8 million$18 million
5
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Singtel share price in state of emergency

Sign up for only $19.99! What a disaster for Singtel share price. Investors must have thought they have seen the worst of Singtel share price when global stock markets plunged on 23 March 2020 due to the COVID-19 pandemic. Most stocks had since recovered from that dark chapter but Singtel share price continued its dismal run. What the hell has happened to this leading light of SGX?

Singtel share price

Amid the devastating meltdown of Singtel share price, the telco announced the retirement of CEO Chua Song Koong effective on 1 January 2021. That fateful announcement provided some temporary relief for Singtel share price, which surged from $2.15 on 1 October to $2.20 on 14 October. But sentiments continued to be sour for this counter as Singtel share price continued its bearish run thereafter. Is this really the end of the road for Singtel share price?

Singtel share price crashed to 12-year low

Singtel share price braces for bloodbath

Singtel share price to collapse to $1.50?

Singtel share price in devastating bloodbath

Singtel share price to swim or sink with coronavirus?

As I have never invested in Singtel, I have nothing against CEO Chua Song Koong. Arguably, her best achievements were the acquisition of Optus in Australia and the divestment of Netlink Trust in 2017, which led to Singtel share price hitting a high of $4.00. But her failure to turnaround the perennial loss-making Group Digital Life and Airtel in India could have led to her imminent departure.

On 16 October, the Group announced that its joint venture, Telkomsel, had entered into a sale and purchase agreement for the sale of 6,050 telecommunication towers to PT Dayamitra Telekomunikasi (“Mitratel”) for IDR10.3 trillion (approximately $950 million). This is supposedly a positive news. Nevertheless, this also did not provide any uplift for Singtel share price, …

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OCBC share price held ransom by Great Eastern

Sign up for only $19.99! Is it the right time and right place for OCBC share price? At Price/Book Value of 0.805, OCBC share price is trading below its book value, no thanks to the fallout from COVID-19 pandemic. Yet against the backdrop of Singapore’s Phase 3 reopening, will OCBC share price be able to ride on the coming recovery?

On a quarter-to-quarter basis, Singapore’s GDP expanded by 7.9% due to the robust showing from the manufacturing sector. Being the bellwether of the economy, bank stocks are proxy to the country’s economic condition. In this regard, the coming third quarter business update will be a baptism of fire for OCBC share price as investors will be scrutinizing the performance of OCBC’s insurance subsidiary, Great Eastern.

OCBC share price

What can float a boat can also sink it. While Great Eastern Holdings had provided OCBC an unassailable edge over DBS and UOB for decades, the volatile financial performances of the insurance company had wrecked OCBC share price in recent years. Coupled with COVID-19, it is indeed the perfect storm for both OCBC and Great Eastern.

Year-to-date, OCBC share price had been hammered left, right and centre by the devastating COVID-19 pandemic. OCBC share price would have suffered a worse fate if not for the $100 billion economic stimulus packages from the government. However, one of the measures of Monetary Authority of Singapore is the restriction of shares buybacks in exchange for the loosening of some capital requirements.

Among the three local banks, OCBC is considered the most aggressive when it comes to shares buybacks in recent years. The series of shares buybacks in March and April enabled OCBC share price to make a swift recovery from the low of $7.80, the peak of the COVID-19 impact on global stock markets. Without the shares buybacks, …

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Wilmar share price ambushed by short sellers

Sign up for only $19.99! What a nail-biting roller coaster ride for Wilmar share price! On the day of its China unit (YKA) IPO, Wilmar share price surged to a high of $4.70 before crashing to $4.36. The volatility of Wilmar share price caught many investors by surprise as YKA debut with roaring success, closing at more than 100% to the IPO price.

Wilmar share price to rocket to $7?

Wilmar share price to hit the roof in 2020?

Wilmar share price in lung bursting form

Looking through the SGX website, it was confirmed that the collapse of Wilmar share price was the work of the short-sellers. On 15 October, short selling activities on Wilmar share price surged to a whopping 10.5 million, nearly 10 times the daily average volume for this counter. So while the Chinese investors popped the champagne over the successful YKA IPO, investors of Wilmar were confounded over the crash of Wilmar share price.

Wilmar share price

In fact, the shorting against Wilmar share price had been timed to perfection as it occurred on a Thursday. Typically, the short sellers would want to close their positions before the weekend in order to avoid any uncertainties. So in the coming days, Wilmar share price should recover some lost grounds. Will the short sellers return next week? Honestly speaking, I don’t know. However, as the third quarter business update is just around the corner, I expect short selling volumes to decrease because the results should be good.

One thing that I learned in investing is that retail investors will never win the big boys because of the inequity in financial resources. Another thing is that we cannot predict the future price movements of the stocks that we invested in. So what this means is that in the short-term, Wilmar share price …

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Sunningdale Tech share price to smash $2.50?

Sign up for only $19.99! Is it light at end of tunnel for Sunningdale Tech? FY2019 had been an absolute nightmare for the Group as the precision plastic component supplier recorded its lowest profit in the past 5 years. However, based on the recent financial performance, it appears to me that the management has achieved an impressive turnaround. Will Sunningdale Tech share price storm to $2.50?

Talks of Sunningdale Tech reclaiming its former glory are not without basis as several catalysts swing in favour of Sunningdale Tech share price. Based on the recent 1HFY2020 result, net asset value (NAV) stood at $2.00. This means that Sunningdale Tech share price is being traded below its book value.

Sunningdale Tech share price

Secondly, Quarz Capital had increased its stake to become a substantial shareholder. This is definitely an intriguing development for Sunningdale Tech as Quarz Capital is known for being a activist fund which unlocked value for shareholders. In 2018, Quarz Capital had called on the management to return more cash to shareholders.

Then, on 9 September, another intriguing development unfolded for Sunningdale Tech as the Group announced that “Company had been approached in relation to a possible transaction involving the shares of the Company”. Could it be a takeover for Sunningdale Tech?

Given that the Group recorded $8.3 million for 1HFY2020, the EPS is 0.043. Assuming that the management could maintain the financial performance, the full-year EPS could be 0.086 (from FY2015 to FY2018, the Group has achieved at least $30 million of net profit consistently). Thus, applying multiple of 30, the target Sunningdale Tech share price should be about $2.60.

Note that this is an opinion article and not meant to be a financial advice. Please do your due diligence or engage financial advisors before investing in the stock market. I may …

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Wilmar share price to rocket to $7?

Sign up for only $19.99! Will Wilmar share price recapture its former glory and hit $7? The last time that Wilmar share price was trading at such bandwidth was more than a decade ago. That was the land before time.

Mid October of 2020 seems to be an auspicious period for mega deals. You have the Ant Group IPO and the merger of Capitamall Trust and CapitaLand Commercial Trust. And then there is Wilmar’s mega listing of  Yihai Kerry Arawana Holdings Co., Ltd (YKA) on the Shenzhen Stock Exchange ChiNext Board. Question now is: will Wilmar share price hit $7 in the coming days?

Wilmar share price to hit the roof in 2020?

Wilmar share price in lung bursting form

Wilmar share price

In January 2020, I wrote that Wilmar share price had bottomed out and was poised for a major surge because of the catalyst of the China unit IPO. However, COVID-19 pandemic came along and walloped Wilmar share price to rock bottom price of $2.90.

Since March 2020, Wilmar share price steadily climbed to almost hit $5.00 in August when another toxic development knocked the wind out of Wilmar share price. On 20 August, major shareholder, Archer Daniels Midland, had sold 170.5 million Wilmar at $4.40. In addition to that, ADM had entered into a stock-borrow arrangement in respect of its Wilmar shares in connection with its offering of US$300,000,000 zero coupon exchangeable bonds.

The shares sale by ADM had shaken some confidence in Wilmar share price but not for long as the Yihai’s China IPO proved too much to resist. Apparently, Singapore’s sovereign wealth fund, GIC, had decided to join in the fun as well. With allotment amount of RMB472 million, GIC is the second largest strategic investor of YKA.

The IPO will raise USD2.06 billion, representing a windfall for …

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How to Make Money with SEO in 2020

SEO might be a familiar word for you but have you ever wondered what it is? How does it work? How can you make money with SEO?

The last question may be of more interest but first, let’s see what is SEO. It stands for search engine optimization. It is a marketing strategy that is used to keep your website visible on search engines like Google, Yahoo, etc.

Search engines do not know which website I to show first in search results or which website has more credible and relevant content. These are SEO tools that allow the search engine to rank a website based on how responsive and user friendly a website is with more traffic.

SEO

You can get SEO services from many companies and can check from SEO Singapore and other services.

SEO generates more backlinks for a website to enhance its credibility. They recommend the keywords that are mostly used by internet users within a search query. These are a few examples of how SEO increased traffic and make a website more visible for search engines.

Check out this blog to see why SEO are so important for a website. SEO works for websites but it also works for you. There are multiple ways in which you can earn decent money with SEO. The most interesting thing is that you can do this from your home.

Let’s have a brief look at how you can earn money from SEO in 2020.

 

Use Social Media

 

If you have SEO knowledge and experience, you can earn a reasonable amount every month by offering your services at social media. You can start by expanding your social circle and search for the relevant groups or pages on social media.

There is no doubt that a lot of businesses and individuals …

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CMT share price to collapse to $1.10?

Sign up for only $19.99! Is it a match made in heaven or the start of a nightmare? On 29 September, unitholders of CapitaLand Mall Trust (CMT) and CapitaLand Commercial Trust (CCT) voted in favour of the merger between the two REITs. However, CMT share price fell from $2.00 on 30 September to $1.90 on 2 October. What on earth happened to CMT share price?

Capitamall Trust (CMT) share price in berserk form!

CapitaLand Mall Trust unit price in explosive form

CMT share price

Apparently, some investors were puzzled by the bearish form of CMT share price and wrote in to seek my insights. Hands on heart, I view the merger positively because it will lead to the largest REIT in Singapore and provides higher trading liquidity. The issue now is whether the acquisition takes place at the right time.

With CMT struggling to deal with the fallout from COVID-19 pandemic, it seems that CMT could be biting more than it could chew. In fact, on 1 October, Moody’s downgraded the credit ratings for CMT from A2 to A3. The downgrade soured the outlook for CMT share price.

To support the acquisition, each CCT unit would be acquired at 0.720 new CMT Units and $0.2590 in cash. The issuance of new shares would definitely weigh on CMT share price. To put things into perspective, about 2.8 billion new CMT shares would be issued. This represented an increase of 76% number of CMT shares. Post-acquisition, the theoretical CMT share price could be $2.00 /1.76 = $1.14.

As one of the readers pointed out, for CMT share price to reach $1.10 would mean that the market is assigning zero value to CCT assets. This will be an unrealistic assumption. A more reasonable medium term forecast for CMT share price should be somewhere $1.60 to $1.70.

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Ant IPO and Temasek Holdings

Sign up for only $19.99! Hailed as the biggest IPO in financial history, the upcoming Ant IPO has generated plenty of hype among the investment community. What makes Ant IPO so unique is the dual listing in Shanghai’s Star Market (China’s answer to US Nasdaq) and Hong Kong Exchange. The listing also takes place against the backdrop of a bitter trade war between US and China.

Many analysts had valued Ant IPO between USD250 billion to USD300 billion. At such valuations, Ant IPO would easily surpass Aramco’s USD29 billion IPO in December 2019. Given the investment moats and financial performances of Ant Group, such valuations are not surprising to me.

The flagship product of Ant is Alipay, a super online payment app. The scale of Alipay is simply mind-boggling – 711 million monthly  active users, 80 million monthly active merchants and more than 2000 partner financial institutions. Essentially, Ant is a fintech but unlike many technology companies like Uber or Grab, Ant is very profitable. This is one of most appealing aspects of the Ant IPO.

Ant’s digital finance business in China is also unparalleled, occupying the top market positions in China for its CreditTech, InvestmentTech and InsureTech. Based on these factors, I am of the view that Ant IPO will be a success. But whether the valuation will hit the range of USD250 billion to USD300 billion is a big question mark. Such valuation is simply outrageous to me but then again, stock market is always out of whack and totally unpredictable.

Ant IPO the biggest financial IPO in history?

Singapore’s sovereign wealth fund, Temasek Holdings, is an early backer of Ant. Through its wholly-owned companies, Evans Investments and Glittertind Investments Pte. Ltd, Temasek Holdings owns about 89 million shares in Ant Group. Should investors join in the fun …

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Keppel share price crashed to 11 year low

Sign up for only $19.99! What a disaster for Keppel share price! On 24 September, Keppel share price plunged to $4.10, the lowest in the past decade. The devastating spell of value destruction must have left a bitter taste in investors’ mouth. After all, Keppel share price had enjoyed a splendid run, surging from $5.80 to $7.00 when Temasek Holdings announced $4.1 billion conditional offer to control Keppel Corp in October 2019.

Keppel share price

Indeed, the crisis of confidence in Keppel share price is largely attributed to the bombshell announcement on 1 August 2020 by Temasek Holdings not to proceed with the partial offer for Keppel. The investment company had invoked the pre-condition of material adverse change in the Group’s financial performance and walked away from the deal.

Keppel share price in winter wonderland with Temasek Holdings

Can Keppel share price meet the great expectations of Temasek Holdings?

The dramatic turn of event had led to the collapse of Keppel share price, which fell from $5.40 to the present abysmal level. Whether the current Keppel share price represents a golden buying opportunity is subject to debate. But based on the market sentiments, this counter should be bearish for at least the next couple of months. Then again, fortune favours the brave. To be successful in investing, you must buy when the stock is down and out.

To put things into perspective, the fiasco of Temasek Holdings’ withdrawal is just a mere distraction for the Group. The bigger issue on hand for Keppel is the souring business fundamentals. Another factor for the crisis of confidence is the weak oil prices, which cause oil majors to cut back on capital expenditure and reducing orders for oil rigs.

Looking back, the revival of Keppel share price in 2009 was due to the explosive surge of …

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Sembcorp Industries share price will hit $3.00

Sign up for only $19.99! It could be the blockbuster IPO of the year. While Singtel is singing the blues with its India’s misadventure, Sembcorp Industries share price has been in golden form lately with its potential listing of its India asset – Sembcorp Energy India Ltd (SEIL).

Every dog has its day and confidence means everything in the stock market. Currently, Sembcorp Industries share price appears to be enjoying a splendid run since the fateful demerger from Sembcorp Marine.  Can the leading energy and urban development group achieve a critical business turnaround?

Sembcorp Industries to smash $3.00 with India IPO?

Sembcorp Industries share price to hit $5.00 after demerger?

Sembcorp Industries share price

Within the SGX Mainboard, business turnarounds are far and a few. One of the rare exceptional cases is AEM Holdings, which I had previously invested in (and subsequently sold off). Sembcorp Industries share price could have the opportunity to join this exclusive club following the culmination of a series of bold business moves. In fact, I am convinced that Sembcorp Industries share price will hit $3.00 in the coming months.

With Temasek Holdings holding 50% stake, it is only a matter of when, and not if, that Sembcorp Industries share price recovers to the $3.00 mark. Of course, my conviction is not due to blind faith, but based on the various contract wins and series of divestments. And then there is the exciting dream of the India listing of its asset – SEIL.

Indeed, the above catalysts may unlock the true value of Sembcorp Industries share price but the road ahead is full of uncertainties. After all, the global economy is still grappling from the fallout of the COVID-19 pandemic, oil prices are still in depressive states and we are still in the midst of a bitter trade war between …

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Sembcorp Industries share price to smash $3.00 with India IPO?

Sign up for only $19.99! On 16 September 2020, I invested in Sembcorp Industries (SCI). My entry price for Sembcorp Industries share price was $1.35. The decision to enter this counter was after my research done for my previous article “Sembcorp Industries share price to hit $5 after demerger?”

In my previous article, I shared that the catalyst for Sembcorp Industries share price is not the demerger of the loss-making Sembcorp Marine. To truly unlock the full value of Sembcorp Industries share price, the management must continue its effort in recycle capital through its energy and urban assets. And one of the major catalysts for Sembcorp Industries share price is the listing of the India business unit, Sembcorp Energy India Ltd (SEIL).

Sembcorp Industries share price

According to a report written by Phillip Capital written on 9 September 2020, the estimated value of the listing is worth a staggering $1.8 billion. However, given the current climate, the IPO value should be at most $1.5 billion. With such tremendous catalyst, Sembcorp Industries share price could potentially hit $3.00. After all, Sembcorp Industries share price is traded at $2.13 as of 16 September 2020 post-SCM demerger ($1.34 + (4.911 x $0.16)).

According to the SEIL recent annual report, the total assets amounted to INR 268 billion while total liabilities amounted to INR 168 billion. Thus, the book value for SEIL is INR 100 billion, which translated to Singapore dollars, amounted to $1.8 billion. Based on the current climate, if Sembcorp does list SEIL, I applied discounted valuation of 45% and derived the book value of $1 billion.

Will Sembcorp Industries share price soar with the listing of SEIL? Certainly, the listing of SEIL is not without basis. In 2018, Sembcorp Industries tried to list the business unit but had to postpone it because SCI …

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CapitaLand share price worth $5.00?

Sign up for only $19.99! Being a diversified real estate giant, CapitaLand needs no introduction. Question now is: does CapitaLand share price offer value? CapitaLand share price is now being traded at $2.75, representing Price/Book Value of just 0.557. This means that the book value should be about $5.00 per share. At current price level, this counter is indeed being traded at a massive discount, no thanks to the COVID-19 pandemic.

CapitaLand share price flying with Liang Court redevelopment

CapitaLand share price set for explosive bull run?

CapitaLand share price and the Golden Job

CapitaLand share price

Despite the damaging impact of COVID-19 pandemic, CapitaLand share price has been quite rock solid. If investors look back, this counter has not bombed out to the $1.85 level last seen during the Global Financial Crisis. In fact, the last time CapitaLand share was trading at current level was in 2015. Even during the March 2020 market rout, this counter only tanked to $2.60.

The resilient of CapitaLand share price is attributed to the strong institutional ownership – Temasek Holdings own 52% stake, while Blackrock holds 4.8%. Beyond the solid support from the big boys, I also noticed that ROE has steadily increased from 6.7% in FY2016 to 10.1% in FY2019. The data suggested improving performance of management in growing the company. Of course, FY2020 will see ROE being razed to the ground due to COVID-19 but this will be one-off.

Obviously, it has not been a bed of roses for CapitaLand share price, which has been soft for the past three months since the announcement of scrip dividends for FY2019. A total of 140,343,222 new shares has been issued at $2.767. Due to this, CapitaLand share price dropped from $3.20 on 3 June to the current $2.75.

COVID-19 has caused its CapitaLand Mall Trust and …

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