Friday, 17 March 2017

United Engineers Limited (U04)

Technical Analysis


The 20-day MA crossed the 50-day MA most recently in January 2017, indicating a short term up-trendThe 50-day MA crossed the 200-day MA most recently in April 2016, indicating a long term up-trend.

Company Performance and Dividends


Cash flow from operations has been positive through the last five years. It is on an overall up-trend through the same period.

The compounded annual growth rate of the Earnings Per Share (EPS) is at -22.2% through the last five years.

Debt is currently at 11.4 times of the company's earnings. Long term debt is on an overall down-trend through the last five years.

Dividends per share is consistent through the past four years. In twelve months (March 2016 to March 2017), the company pays $120.00 per 1000 shares invested, attributing to a dividend yield of 4.2% against the current price. The payout ratio is at 21.9%.

Valuation

Share price is currently trading at 67.0 times the company's earnings and 0.9 times its book value.

About

United Engineers Limited engages in property services and environmental engineering businesses in Singapore and internationally. The company provides residential, commercial, industrial, mixed-use, and build-to-suit projects; asset management services for commercial and industrial properties; and hospitality management services for hotels, serviced suites and offices, and convention centers. It also offers engineering, procurement, and construction services for water-related and waste-to-energy projects; systems integration for broadcasting and multimedia, communications, information technology, and security and surveillance sectors; and manufactures medical tools; and manufactures systems for tracking equipment and consumables in hospitals, as well as distributes software solutions. In addition, the company offers build-operate-transfer services for medical waste and waste water treatment; sells construction materials; and distributes liquefied petroleum gas, as well as mines sand. Further, it engages in manufacturing flexible printed circuits and rigid printed circuit boards; and provides precision engineering, aluminum die-casting, and precision machining services, as well as provides turnkey manufacturing and supply chain solutions for the automotive, computer, consumer, and electronic industries. Additionally, the company offers agricultural seedlings and industrial equipment, as well as general trading and water engineering services; trades marine and heavy equipment; and supplies and installs building materials, industrial laundry, and kitchen and food processing equipment. It also engages in the supply, delivery, testing, and commissioning of telecommunication, stage rigging system, audio-visual, studio projection and lighting equipment, data communication, card access, and security systems, as well as provides after sales services; and manufacture of electronic components. United Engineers Limited was founded in 1865 and is headquartered in Singapore.

Major shareholders include
Great Eastern Holdings Limited, Insurance Investments
Lee Foundation States Of Malaya, Endowment Arm
Oversea-Chinese Banking Corporation Limited, Banking Investments
WBL Corporation Limited
Morph Investments Ltd.

Recently

UNITED Engineers Ltd (UEL) announced that its largest shareholders, OCBC and Great Eastern Holdings (GEH), have received and are evaluating non-binding expressions of interests over their combined stakes in the company.

Data and Graphics credits:
YAHOO! FINANCE
SGX

Friday, 10 March 2017

Frasers Centrepoint Limited (TQ5)

Technical Analysis


The 20-day MA crossed the 50-day MA most recently in November 2016, indicating a short term up-trendThe 50-day MA crossed the 200-day MA most recently in January 2017, indicating a long term up-trend.

Company Performance and Dividends


Cash flow from operations was negative in FY2013 and FY2014. It is on an overall up-trend through the last four years.

The compounded annual growth rate of the Earnings Per Share (EPS) is at -34.7% through the last four years. Based on estimations from the recent quarterly results, they are expected to announce higher earnings in FY2017.

Debt is currently at 10.6 times of the company's earnings. Long term debt is on an overall up-trend through the last four years.

Dividends per share is on an overall down-trend through the past four years. In twelve months (March 2016 to March 2017), the company pays $86.00 per 1000 shares invested, attributing to a dividend yield of 5.0% against the current price. The payout ratio is at 36.4%.

Valuation

Share price is currently trading at 7.9 times the company's earnings and 0.7 times its book value.

About

Frasers Centrepoint Limited, an investment holding company, operates as a real estate company. It operates through Singapore SBU (strategic business unit), Australia SBU, Hospitality SBU, and International Business. The Singapore SBU focuses on residential and commercial property development under the Frasers Centrepoint Homes brand; and owns and/or manages 12 shopping malls in Singapore under the Frasers Centrepoint Malls brand, as well as 10 office and business space properties in Singapore and Australia. The Australia SBU focuses on investment in income-producing office and industrial properties; commercial and industrial property development and management; and residential development, including land, housing, and apartments. It has a portfolio comprising 53 industrial properties. The Hospitality SBU has interest in and/or manages Gold-Standard serviced, hotel residences and boutique lifestyle hotels in Asia, Australia, Europe, and the Middle East. It has a portfolio of approximately 23,400 units in 140 properties located in 80 cities worldwide. The International Business unit comprises development and commercial operations in China, the United Kingdom, Vietnam, and Thailand. The company also provides management, trustee, and treasury services. The company was formerly known as Centrepoint Properties Limited and changed its name to Frasers Centrepoint Limited in 2006. Frasers Centrepoint Limited was incorporated in 1963 and is based in Singapore. Frasers Centrepoint Limited is a subsidiary of TCC Assets Limited.

Major shareholders include
TCC Assets Limited
Thai Beverage Public Company Limited
DBS Group Holdings Limited, Asset Management Arm
Government Pension Fund Global
Norges Bank Investment Management

Recently

FRASERS Centrepoint Limited (FCL), through its wholly owned subsidiary Frasers Hospitality Trust Management, has acquired all the equity interests in a Japanese godo kaisha known as AIA7 GK for 195,114 yen (about S$2,439).

Data and Graphics credits:
YAHOO! FINANCE
SGX

Friday, 24 February 2017

Singapore Press Holdings Limited (T39)

Technical Analysis


The 20-day MA crossed the 50-day MA most recently in August 2016, indicating a short term down-trendThe 50-day MA crossed the 200-day MA most recently in July 2016, indicating a long term down trend.

Company Performance and Dividends


Cash flow from operations has been positive since the last four years. It is on an overall down-trend through the same period.

The compounded annual growth rate of the Earnings Per Share (EPS) is at -7.2% through the last four years. Based on estimations from the recent quarterly results, they are expected to announce lower earnings in FY2017.

Debt is currently at 3.3 times of the company's earnings. Long term debt is on an overall down-trend through the last four years.

Dividends per share is consistent through the past four years. In twelve months (February 2016 to February 2017), the company pays $180.00 per 1000 shares invested, attributing to a dividend yield of 5.2% against the current price. The payout ratio is at 140.5%.

Valuation

Share price is currently trading at 25.0 times the company's earnings and 1.6 times its book value.

About

Singapore Press Holdings Limited, together with its subsidiaries, operates as a media company in Singapore and internationally. It operates through Media and Property segments. The company offers daily newspapers across 4 languages, and student weeklies; publishes, produces, and distributes books; publishes and distributes approximately 100 magazine titles in the areas of lifestyle and information technology, as well as has various online sites; and provides digital out-of-home platforms. It also operates other media initiatives, such as AsiaOne, Stomp, zaobao.sg, zaobao.com, and SPH Razor Websites; and online marketplace for jobs, property, cars, and general classifieds; radio channels, including Kiss92 and ONE FM91.3 in English; SPH Buzz, a retail convenience chain; free-to-air channels; and UFM100.3, a Chinese radio station; financial portals; and Web search portals in offering property data and analysis. In addition, the company it provides online investor relations, management support, editorial, fund management, business management and consultancy, marketing, news reporting, technical, software consultancy, online classifieds, and other services, as well as multimedia contents and services. Further, it organizes events, concerts, exhibitions, conventions, and conferences; services; operates; develops e-commerce applications; franchises kiosks to third party operators; and licenses copyrights, trademarks, and software. Additionally, the company is involved in computer programming activity for online investor relations and related business; holding, developing, managing, and letting properties; holding investments; and managing shopping centers. Singapore Press Holdings Limited was incorporated in 1984 and is based in Singapore.

Major shareholders include
The Vanguard Group, Inc.
BlackRock, Inc.
Vanguard STAR Funds - Vanguard Total International Stock ETF
Lee Foundation States Of Malaya, Endowment Arm
TD Asset Management, Inc.

Recently

SPH Plug and Play, the startup accelerator of Singapore’s largest newspaper publisher, has officially been declared dead.

Data and Graphics credits:
YAHOO! FINANCE
SGX