Whats your expected or target return for 2015?

[knightdreamer]

i dunno leh, I recently started using it ~ quite useful for me so far

How to do it?? So far how many bit coin you have?? Thought last time the price was higher??~1k++

 

[felixleong]

How to do it?? So far how many bit coin you have?? Thought last time the price was higher??~1k++

https://bitcoin.org/en/

https://coinrepublic.com/

I bought 0.15 bit coin so far, which is about $50 sgd

just getting my feet wet nia

 

[Dividends Warrior]

Bit coin investment still viable? Thought got quite a number of negative news on it already.

Must ask bro Tarui. He is the bitcoin guru!

 

[felixleong]

ARA continues marching upwards

 

[felixleong]

Update
Olam 1Q2015 earnings down 92% at $31.3 million on one-off items

By Frankie Ho / theedgemarkets.com | May 15, 2015 : 3:13 PM MYT
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SINGAPORE (May 15): Olam International's earnings for the quarter ended March 31 tumbled to $31.3 million from $396.1 million a year earlier, hurt by lower revenue, an absence of one-off gains, and a loss from a bond buyback.

Its bottom line in the same period last year was boosted by gains of $294 million from the revaluation of its stake in PureCircle, a sweetener producer, as well as the sale and leaseback of its almond assets in Australia.

Revenue in the latest quarter fell 10.7% to $4.3 billion on lower sales volumes as the company exited or cut exposure to certain lower-margin businesses.

Olam booked a loss of $97.2 million from buying back US$750 million ($998 million) of 6.75% bonds due in 2018. The buyback is expected to generate interest savings of about $55 million to $60 million annually over the next three years.

Excluding the exceptional items, Olam's operating profit after tax and minority interest rose 25.7% during the quarter to $128.5 million.

The core earnings were largely in line with expectations, but the company could be hard-pressed to deliver better results in the quarters ahead, according to Maybank Kim Eng analyst Wei Bin, who has a "hold" rating and $2.07 price target on the stock.

"We do not see new growth sources as Olam is slowing down its investments," he wrote in a note today.

"Also, short-term foreign-exchange volatility could weigh on its earnings per share," he said.

As at March 31, Olam's net debt was 1.83 times its equity, down from 2.03 times a year earlier. It has set a target of no more than two times by 2016.

 

[Shion]

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As at March 31, Olam's net debt was 1.83 times its equity, down from 2.03 times a year earlier. It has set a target of no more than two times by 2016.

Is it me? I find this quite disturbing. Why must the target be no more than 2x?

 

[felixleong]

ARA hit my 10% gain target riao

but M1 and CCT still lagging far behind...

STE and UOB both above 5% riao too

hope M1/CCT dividend plays can chiong soon... boat park at port too long no good

 

[felixleong]

Is it me? I find this quite disturbing. Why must the target be no more than 2x?

commodities trading is like that one.. low margin high volume

can compare against Noble and part of CWT

the higher quality commodity company is blue chips like Wilmar, they really own the plantation in indonesia, harvest the plants and extract palm oil to sell... btw Wilmar also got the power of Peter Lim, LOL

 

[Geforce3]

If jump to $2, i qia you all jiak buffet

QFT.... aiya hoping it jumps to 2 dollars lar

 

[felixleong]

ARA my target price is $2.00, which is 20 times earnings

once hit $2.00 I will sell off another 5,000 shares

cheers

 

[felixleong]

OCBC

http://www.cnbc.com/id/102681066

 

[appleorange_]

q&m 90 cents.

fkin fast

no buy

 

[felixleong]

OCBC warns of tough credit environment ahead
Christine Tan | See Kit Tang
8 Hours AgoCNBC.com
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The Oversea-Chinese Banking Corp logo is displayed on a window at the company's branch in OCBC Center in Singapore.
Nicky Loh | Bloomberg via Getty Images
The Oversea-Chinese Banking Corp logo is displayed on a window at the company's branch in OCBC Center in Singapore.

Amid growth concerns worldwide and a looming transition back to normal interest rates in the U.S., the boss of Singapore's Oversea-Chinese Banking (OCBC) is cautious of the credit environment ahead.

"Over the past two to four years, the credit environment has been so good that it is almost abnormal. So as we go back to a more normal credit environment, it is going to be tougher than last year," group CEO Samuel Tsien told CNBC's "Managing Asia."

A recovery in the world's largest economy is paving the way for a lift-off in U.S. interest rates, which many analysts expect to take place in September. With the three-month Singapore interbank offered rate, or SIBOR, closely linked to the U.S. Federal funds rate, that liftoff will likely pull the city-state's lending rates higher as well. The Sibor hit a 6-year high of above 1 percent in March and was at 0.8788 per cent on Thursday.

But even though deposit rates have been rising more slowly, lenders in Singapore may not see a boost in net interest margins this year.

"If everything is equal, a rising interest rate will be good for the net interest margin. However the market that we are in right now isn't equal so there will be less loan demand [and] more competition, which lead to margin pressure," Tsien said.

An improvement in margins may depend on both the U.S. and China, which unfortunately are set on diverging growth paths. While many analysts expect the U.S. economy will likely get back on track within the next 12 months, growth continues to falter in the Asian economic giant.

"As we expect China's growth to be subdued for the next two years, there may be an offset, so strong loan growth [moving forward is unlikely]," he told CNBC.

Meanwhile back home, OCBC is feeling the pressure from a slowing property market as new home loans fall. Tsien said the worst isn't over and volumes of housing loans in the year ahead will likely extend 2014's 40 percent year-on-year slump due to property cooling measures.
Samuel Tsien, chief executive officer of Oversea-Chinese Banking Corp.
Brent Lewin | Bloomberg via Getty Images
Samuel Tsien, chief executive officer of Oversea-Chinese Banking Corp.

Diversification

To minimize risks, OCBC has stepped up its push into non-interest businesses, such as wealth management activities, alongside a string of deals in new growth markets.

It seems to be paying off.

For the first quarter of 2015, OCBC's net profit rose 11 percent to a record-breaking 993 million Singapore dollars ($751 million), beating expectations for 911 million Singapore dollars. Total income, meanwhile, jumped 12 percent to 2.1 billion Singapore dollars.

The results included the consolidation of OCBC Wing Hang Bank from July 2014, which marked the Singapore lender's biggest-ever takeover deal in a bid to tap into Chinese trade flows in and out of Southeast Asia as well as Hong Kong's wealth management market.

In recent years, the Singapore lender has also increased its stake in Chinese commercial lender Bank of Ningbo.

Read More OCBCnow needs to deliver after pricey acquisition

"We are diversifying into areas which we think are the drivers of future economic activities for this part of the world and that is why we have increased our coverage beyond Singapore, Malaysia and [entered] into Indonesia and Greater China," Tsien said.

Last year, Greater China contributed 12 percent of OCBC's pre-tax profit and that share is expected to rise to 16 percent in 2015. Over a longer period, the chief executive expects the contribution from Greater China to hit 20 percent, surpassing Malaysia as OCBC's second-biggest contributor. Malaysia currently accounts for 19 percent, while more than half of the lender's profit comes from its home market Singapore.

OCBC is also aiming for a bigger slice of the trade finance pie, as trade flows in the region look set to rise with the launch of the ASEAN Economic Community (AEC) this year. The AEC is an ambitious project by the Association of Southeast Asian Nations, which aims to integrate the diverse economies of Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, Philippines, Singapore, Thailand and Vietnam.

"We would continue to do as much trade finance as possible, because while it is short-term loans extension, there (is) a lot of fee income and foreign exchange income attached to it," he said.

OCBC shares finished little changed at 10.40 Singapore dollars on Thursday.
Christine Tan
Christine TanAnchor, CNBC Asia Pacific

 

[spiritGate]

q&m 90 cents.

fkin fast

no buy

yea, from 88 cents, then bo see for 30 mins nia, chiong up 90 cents liao

 

[Jazzbie]

Last minute small fill of CCT and M1 shares at 1.65 and 3.53 respectively. Looking at building up some good dividend stocks long term. Good choices?

 

[spiritGate]

Last minute small fill of CCT and M1 shares at 1.65 and 3.53 respectively. Looking at building up some good dividend stocks long term. Good choices?

welcome on board, if you are holding for long term, it will be good because the dividend is around 5%, so which is quite good liao

 

[felixleong]

Last minute small fill of CCT and M1 shares at 1.65 and 3.53 respectively. Looking at building up some good dividend stocks long term. Good choices?

welcome on board mate!

many of us sitting on this boat, no worries man

 

[winorlose]

U jump i jump hahaha

Have a good weekend guys

 

[Perisher]

Wah, a very rare day, I don't see winorlose scold SGX... Tells you all you need to know about the market today. Huat arh!

 

[winorlose]

Huat ah!

Haha

Auric Pacific with such strong household brands also reported 1QTR15 LOST!

http://infopub.sgx.com/FileOpen/SGXNet Q1 2015 - 15.5.15.ashx?App=Announcement&FileID=350232

http://www.auricgroup.com/

P/B Ratio: 0.48

Looks jia lat sia this Auric Pacific even though trading at 50% NAV.

Saw Phaik Hwa go where die where haha