Category: SG Wealth Builder

LIFETIME MEMBERSHIP My last coverage on Sembcorp Industries share price was in February 2021. That was before the devastating second wave of COVID-19 infections took place in India. With a significant business exposure in India, what would be the impact levied on Sembcorp Industries share price? So far, the management had updated that its assets in Myanmar continued to be in operations despite the civil unrest. But there were no updates on the situation in India. On this note, investors have every reason to be concerned about Sembcorp’s India operations.

Sembcorp (SGX: U96) share price worth $4?

Sembcorp Industries share price gave me 37% return!

Given the situation in India, there are plenty of uncertainties for Sembcorp Industries share price. It doesn’t help that there are no business updates for the 1st quarter financial performance. The Group is not required to file quarterly results as SGX had ceased the quarterly financial reporting requirement. Without clarity on this significant downside risk, investors are left wondering how Sembcorp Industries will fare in the upcoming 1HFY2021 financial result.

Through Sembcorp Energy India Ltd (SEIL), Sembcorp Industries has $1.57 billion worth of ownership interest in India. SEIL has wind, solar and thermal power assets …

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LIFETIME MEMBERSHIP Diamond, diamond, in the sky. Who’s the shiniest of them all? The raging form of iFAST has set many SGX technology stocks on fire, and Sarine Tech share price is one of those riding on the current wave. For perspective, the counter has surged by 45% since the start of the year. While Sarine Tech share price is still some way off the record high of $3.20 seen in 2014, its current share performance is impressive given the current market condition.

A loyal supporter of SG Wealth Builder wrote in to seek my insights on the outlook of Sarine Tech share price, so I feel obliged to write a balanced view on this counter. As I have mentioned before, my investment philosophy is that there are no good or bad stocks. In the stock market, there are only good or bad strategies. It is possible that investors make money out of risky stocks. Conversely, many seasoned investors have lost their pants investing in purportedly “safe” stocks like Hyflux and Eagle Hospitality Trust.

Before I share my view on Sarine Tech share price, let’s do a brief company background. Firstly, Sarine does not sell diamonds. Instead, the Israel …

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LIFETIME MEMBERSHIP Has DBS Group Holdings share price fulfilled its destiny? On 14 April, I wrote that DBS Group Holdings share price could smash past $30 following the release of the first quarter business update. Indeed, DBS Group Holdings share price did not fail to disappoint investors. Recently, the counter hit the record high of $30 on the back of a stellar financial result.

For perspective, the Group’s first-quarter 2021 net profit doubled from the previous quarter and increased 72% from a year ago to $2.01 billion. Thus, the buoyant form of DBS Group Holdings share price is not unexpected. To put the icing on the cake, it was the first time that DBS’ quarterly earnings crossed $2 billion. The solid financial result is amazing given that global economy is still in the doldrum amid the global pandemic crisis. Question now is: where would DBS Group Holdings share price go from here?

DBS share price (SGX: D05) bottomed out?

DBS Group Holdings riding the storm

DBS Group Holdings share price & Piyush Gupta

Since November 2020, DBS Group Holdings share price basically went on a rampage. The counter surged from $21 to the current $30. The roll-out of COVID-19 vaccination …

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LIFETIME MEMBERSHIP What a boisterous form for OCBC share price! In my previous article, I shared that OCBC share price could be on fire with the release of the first quarter financial result. Indeed, OCBC did not fail to deliver. Group net profit for 1QFY2021 of $1.50 billion was significantly higher than the $698 million a year ago.

But then again, Man proposes, God disposes. All local bank stocks, including OCBC share price, suffered a correction following news of the first COVID-19 case at Changi Airport. Since then, the growing number of infections linked to Changi Airport has turned it into the largest cluster in 2021. Against this backdrop, the narrative for OCBC share price turned sombre. From $12.60 on 10 May, OCBC share price tanked to $11.70 on 14 May. In this regard, volatility remains the name of the game for OCBC share price.

OCBC share price to surge with 70% profit jump?

OCBC share price in new dawn

It certainly seems that the proverbial “sell in May and go away” syndrome is in play even as COVID-19 continues to rage in various countries. But the blip for OCBC share price did not last long as the Group embarked …

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LIFETIME MEMBERSHIP Will SIA share price see daylight soon? Confidence in air travel has taken severe knocks following multiple waves of COVID-19 infections in various countries, not to mention the devastating second wave in India. Yet against this backdrop, USA and European countries are seeing drastic drops in COVID-19 infections and deaths due to aggressive vaccination programmes.

In March 2021, I wrote that SIA share price could be in for an explosive destiny following the release of full-year financial result FY20/21. Back then, I had predicted that the full-year losses to be around $3.5 billion but it turned out that the actual losses amounted to $4.2 billion. Prior to the result release, SIA share price suffered some correction, falling from $5.70 in April to the current $4.80.

SIA share price in explosive destiny

SIA share price smashed into rock

SIA share price in darkest chapter

SIA share price faces brutal meltdown

As expected, the correction for SIA share price is limited as most investors had anticipated the record losses prior to the release of the result. The question now is: how would the market react to the $6.2 billion mandatory convertible bonds (MCBs). For sure, the MCBs will strengthen …

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LIFETIME MEMBERSHIP It has been more than a year since the outbreak of COVID-19. Just when we thought that the vaccines would enable the world to see light at end of tunnel in 2021, mutant variants have led to multiple waves of infections across countries. In Singapore, we are in a month-long of heightened alert, with new measures being implemented to curb the spread of the virus. Against this depressing backdrop, I thought it is useful to pen down some thoughts on happiness habits.

No doubt about it. Pandemic has caused many to feel anxious, depressed and stressed out. The social restrictions and public health measures not only upend our social and work routines, they have also contributed to plenty of financial woes as those working in sectors badly hit got laid off. With these challenges confronting us on a daily basis, finding happiness may seem like easier said than done.

Indeed, I am not going to sugar-coat and claim that finding happiness is a straightforward thing. It does take effort but it is not unattainable. To achieve happiness, there is a need to shift our mental modal. Given that there are reports of rising mental health cases in Singapore, …

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LIFETIME MEMBERSHIP 27 May 2021 will be destiny day for Singtel share price as the full-year financial result will be unveiled. Yet on 14 May 2021, Singtel management shocked investors by revealing that the results for financial year ended 31 March 2021 are expected to include net exceptional losses of $1.21 billion. Should investors run for their lives before Singtel share price blew up in pieces?

In my opinion, credit must be given to the management for giving retail investors ample warning about the upcoming headwind. Hand on heart, I am impressed by the management’s transparency. With this upfront caveat, at least most investors will be mentally prepared for the 27 May result. However, at the back of most investors’ mind must be the scale of collateral damage on the final dividend.

Widely viewed as a dividend stock, Singtel is extremely popular among Singaporean investors as many retirees depend on this evergreen counter for passive income. For FY2020, underlying net profit declined 13% to $2.46 billion. As a result, the total dividends decreased to 12.25 cents from 17.5 cents in FY2019. With the bombshell revelation of net exceptional losses, I expect Singtel share price to come under severe pressure …

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LIFETIME MEMBERSHIP 27 May 2021 will be destiny day for Singtel share price as the full-year financial result will be unveiled. Yet on 14 May 2021, Singtel management shocked investors by revealing that the results for financial year ended 31 March 2021 are expected to include net exceptional losses of $1.21 billion. Should investors run for their lives before Singtel share price blew up in pieces?

In my opinion, credit must be given to the management for giving retail investors ample warning about the upcoming headwind. Hand on heart, I am impressed by the management’s transparency. With this upfront caveat, at least most investors will be mentally prepared for the 27 May result. However, at the back of most investors’ mind must be the scale of collateral damage on the final dividend.

Widely viewed as a dividend stock, Singtel is extremely popular among Singaporean investors as many retirees depend on this evergreen counter for passive income. For FY2020, underlying net profit declined 13% to $2.46 billion. As a result, the total dividends decreased to 12.25 cents from 17.5 cents in FY2019. With the bombshell revelation of net exceptional losses, I expect Singtel share price to come under severe pressure …

The post Singtel share price to blow up in pieces? appeared first on SG Wealth Builder.

LIFETIME MEMBERSHIP After I published my investment portfolio in the previous article, an SG Wealth Builder requested me to do a deep dive into another stock in my portfolio – Mapletree Logistics Trust (SGX: M44U). As this counter is my largest investment in 2021 so far, I am more than happy to share an in-depth analysis on this S-REIT.

I have been covering Mapletree Logistics Trust (M44U) since 2018. The reasons for my conviction in this S-REIT are due to the rising unit price and the distributions in recent years. Since IPO, share price has surged from $0.63 to the current $1.90. On the other hand, annual distributions had increased from $0.0686 in FY12/13 to $0.08326 in FY20/21. Loyal investors of Mapletree Logistics Trust (M44U) must be laughing all the way to the bank!

For the uninitiated, Mapletree Logistics Trust (M44U)’s principal strategy is to invest in a diversified portfolio of income-producing logistics real estate as well as real estate-related assets in the fast-growing Asia-Pacific logistics sector. Sovereign wealth fund, Temasek Holdings, has about 33.1% stake in this S-REIT, holding 1.42 billion shares.

During COVID-19, Mapletree Logistics Trust (M44U) went on an aggressive acquisition spree to scale its business across …

The post Mapletree Logistics Trust (SGX: M44U) is better than fixed deposits appeared first on SG Wealth Builder.

LIFETIME MEMBERSHIP After I published my investment portfolio in the previous article, an SG Wealth Builder requested me to do a deep dive into another stock in my portfolio – Mapletree Logistics Trust (SGX: M44U). As this counter is my largest investment in 2021 so far, I am more than happy to share an in-depth analysis on this S-REIT.

I have been covering Mapletree Logistics Trust (M44U) since 2018. The reasons for my conviction in this S-REIT are due to the rising unit price and the distributions in recent years. Since IPO, share price has surged from $0.63 to the current $1.90. On the other hand, annual distributions had increased from $0.0686 in FY12/13 to $0.08326 in FY20/21. Loyal investors of Mapletree Logistics Trust (M44U) must be laughing all the way to the bank!

For the uninitiated, Mapletree Logistics Trust (M44U)’s principal strategy is to invest in a diversified portfolio of income-producing logistics real estate as well as real estate-related assets in the fast-growing Asia-Pacific logistics sector. Sovereign wealth fund, Temasek Holdings, has about 33.1% stake in this S-REIT, holding 1.42 billion shares.

During COVID-19, Mapletree Logistics Trust (M44U) went on an aggressive acquisition spree to scale its business across …

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