Blue Chip/Mid Cap Dividend Stocks Selling at 10-20% Discount from Peak!

[Obama486]

Blue Chip/Mid Cap Dividend Stocks Selling at 10-20% Discount from Peak!

CCT is down 20% from a year high of 1.94 to the current 1.565! The dividend yield is pretty decent at 5.4%, but what matters most is still the top quality commercial assets that they have as well as their low gearing of 30%.

M1 is down 18% from a year high of 3.99 to the current 3.26! The dividend yield is 5.8%, the highest among the 3 telcos. I think that worries of the 4th telco is over blown... also SMRT has dropped out, leaving with My Republic as the one and only possible candidate left to become the 4th telco.

Starhub is down 10% from a year high of 4.46 to the current 4.02! The dividend yield is currently a solid 5% with a quarterly pay out of 5 cents.

STE is down 15% from a year high of 3.95 to the current 3.33! The dividend yield is currently 4.5% with management stating that earnings and dividends would likely to remain stable for FY15.


With fears of a rate hike coming from the FEDs, dividend stocks have been sold down really hard and I have taken the opportunity this year to adjust my portfolio to take advantage of such attractive dividend plays.

 

[Panerex]

Nice analysis. Keep it up

 

[Shion]

Cannot miss out SIA Engineering, Sembcorp Industries and Sembcorp Marine

Over 25% to 30%

Dividend yields at 4+%, likely drop to 3+%

 

[Keverus]

Nice thread.

 

[Obama486]

Cannot miss out SIA Engineering, Sembcorp Industries and Sembcorp Marine

Over 25% to 30%

Dividend yields at 4+%, likely drop to 3+%

these 3 I like a lot too, but I worry their dividends may be reduced

good share man

 

[Perisher]

Good to see Keverus and Obama in amicable terms here. Not trying to stir anything, let's keep it that way.

Anyway, SCI, SCM, SIA all 3 are less likely to report a good quarter anytime soon. Especially the first two.

On the other hand, the 4 Obama mentioned may have a so-so quarter. CCT might do better.

My 2¢.

 

[Obama486]

now the economy like slowing down..... hard for most businesses to grow their earnings

if can maintain or small growth say 3-5% not bad riao

even SG the GDP growth is very slow... 2-3% nia..

only china is growing fast at 7% (but dunno real or not)

 

[Keverus]

Good to see Keverus and Obama in amicable terms here. Not trying to stir anything, let's keep it that way.

Anyway, SCI, SCM, SIA all 3 are less likely to report a good quarter anytime soon. Especially the first two.

On the other hand, the 4 Obama mentioned may have a so-so quarter. CCT might do better.

My 2¢.

i nvr had an issue with anyone here. but i am also one to call a spade a spade and when someone attacks me for no reason, i will lash out.

i'm not convinced SCI has hit bottom. we have to see where it goes. maybe 3.90 is support, maybe 3.80 is the support. similarly for SCM.

 

[Keverus]

only china is growing fast at 7% (but dunno real or not)

china stocks have been moving very rapidly, with many ppl calling for it to tank. but so far, still holding up. not very sure what exactly is going on there. anyone have more in-depth outlook for china?

 

[Asphodeli]

it's rare to see an investment idea thread, and this is one of them

 

[sandwicher]

Good thread! nice start to the weekend

 

[Obama486]

Good thread! nice start to the weekend

thanks for suppork, have a good weekend too

 

[NewInvestor]

Very good thread. Constructive. And can huat.

 

[Keverus]

Why I believe ST ENG not a buy

Current PE: 19.80. High comparing against other index components. Is this PE justified when it hasnt exactly produced results?

For the quarter, ST Engineering’s Aerospace business segment recorded a 2% decline in revenue to $489 million. Although the segment had a lower top-line, this compares favorably with rival SIA Engineering Company Limited’s (SGX: S59) 11.3% decrease in revenue over the same timeframe.

Elsewhere, revenue for ST Engineering’s Electronics business segment slipped by 3% to end the quarter at $356 million. The Marine business segment was also not spared with its revenue falling a sizable 13% from a year ago to $279 million.

Here’s a rundown on ST Engineering’s latest set of financial figures:

Overall revenue for the first quarter was $1.51 billion, down 3% when pitted against the same quarter a year ago.
Quarterly profit attributable to shareholders had slipped by 5% year on year to $130 million.
Consequently, earnings per share (EPS) for the first quarter also fell 5% from 4.41 cents in the first quarter of 2014 to 4.17 cents in the reporting quarter.
On a positive note, cash flow from operations for the quarter came in at $303.6 million with capital expenditures clocking in at $47.4 million. The lower capex gave the conglomerate a fat $256.2 million in positive free cash flow. These are big improvements compared to a year ago when ST Engineering had $116.7 million in operating cash flow, $60.2 million in capital expenditures, and thus $56.5 million in free cash flow.
ST Engineering’s balance sheet had taken a small step backwards compared to a year ago. As of 31 March 2015, the conglomerate had $1.68 billion in cash and equivalents and $1.08 billion in total borrowings; the selfsame figures at end-March 2014 were $1.73 billion and $1.03 billion, respectively.

In all, ST Engineering had a sluggish quarter with a slight decline in revenue and profit. On the other hand, the conglomerate had experienced a strong increase in its free cash flow and was able to maintain a solid balance sheet (albeit a slightly weaker as compared to March 2014).

don't talk about ST Eng winning contracts, because they always have been. yet their share price has slipped from $4.20 to now this price.

Keverus' call: do not enter ST Eng yet. market sentiment is still not great on ST Eng. The stock looks ready to test $3.20, and if broken, I can only see further downside to $3.

Keverus' position: nil, but could enter short position if price break $3.20. not too keen to enter long position

just my two cents.

 

[wahkao3]

my style is not go for blue chips because they do not usually present low risk high return opportunities

here, i think still not cheap enough

 

[Shion]

these 3 I like a lot too, but I worry their dividends may be reduced

good share man

Definitely will reduce

Another one that has dropped a lot from its high is Keppel Corp

 

[Shion]

china stocks have been moving very rapidly, with many ppl calling for it to tank. but so far, still holding up. not very sure what exactly is going on there. anyone have more in-depth outlook for china?

That time mentioned before, China has no negative GDP for the past 2 decades

Miracle ?

I guess the manipulators have too much money to load into their stock markets.

 

[lolita_5]

if u wanna post charts, i suggest u go for candlesticks, lines won't get u anywhere in analyzing

 

[satayxp]

if u look at m1 historical dividend payouts u will know the current yield is not likely to be sustainable.. theres a reason why its price has dropped.
i am of cos happy to be wrong.

vested

 

[econsmagic]

Not bad, support

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