*Official* MasterLeong Thread - Part 2

[MasterLeong]

if m1 ever drops below 1.9, i am going in again.

1.84 with current dps is like 7% yield still. mouth watering!

market sold M1 down to this level, with the new results currently M1 will be around 6% yield which is the reasonable level ba

M1 yield will only hit 7% if investors feel that M1 will see another 10-20% drop in earnings for 2017


so 2017 numbers is very important, the big question here to most investors mind is

2016 so jialat... has earnings bottom? or 2017 earnings will continue to drop?

a lot depends on management to save the current situation.... I hope for a change of CEO as karen has disappointed me for 2015 and 2016

2017 i want new CEO!!!!!!!!!!!!!!

 

[MasterLeong]

No wonder Karen kept selling last year...... good luck to her during AGM

this year AGM i gonna take mic and blast her gao gao liao

no more give chance to this woman... CMI to the max hahahahahaha

2015 earnings/dividends cut
2016 earnings/dividends cut AGAIN!

2017???????????? I cannot bear another cut.... I want a CEO who can at least promise to stablize things.... if the CEO cannot even do that... then should just get lost hahahahaha

 

[MasterLeong]

TOP STORIES
The Call
DPU is down, retail sentiment is down. Why is CapitaLand Mall Trust still a buy?
By Gwyneth Yeo / theedgemarkets.com.sg | January 24, 2017 : 11:47 AM MYT
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SINGAPORE (Jan 24): By many accounts, CapitaLand Mall Trust is beginning to buckle at the seams amid the sluggish retail environment characterized by slow tenant sales and low shopper traffic.

Group revenue in 4QFY16 had fallen 4.6% to $169.3 million owing to the redevelopment of Funan DigitaLife Mall and the divestment of Rivervale Mall. 4Q’s distribution per unit was stable at 2.88 cents, but fell 1.1% to 11.13 cents for the full year.

And yet, the counter remains a “buy” for both DBS Group Research and OCBC Investment Research.

OCBC’s analysts Andy Wong and Eli Lee pointed out that the REIT had bucked the overall retail trend, and recorded higher shopper traffic of 2.3% and higher tenant sales psf of 0.9%. Occupancy had also remained stable at 98.5%, though rental reversions increased just 1% for the full year.

DBS’s analysts Derek Tan and Mervin Song have also forecast a minimal growth in DPU for the next two years, due to the lack of yield accretive acquisitions.

However, Tan and Song are still positive on the REIT’s decision to redevelop Funan and its potential 2% boost to CMT’s net asset value. They also added that although Funan’s redevelopment cost of $560 million to be fully funded through debt, it is still below the REIT’s available debt headroom of $800 million and the REIT’s gearing would still be at a healthy 38%.

Even OCBC’s Wong and Lee believe CMT remains a “quality stock”, and expects the management to proactively manage their lease expiries, tenant mix and operational efficiencies to mitigate the downtrend on rent reversions.

To that end, DBS and OCBC have a target price of $2.17 and $2.20 respectively.

Shares in CMT are trading 1.5 cents lower at $1.945 on Tuesday.

 

[MasterLeong]

M1 posts 16.1% fall in FY16 net profit to $149.9 mil
By PC Lee / theedgemarkets.com.sg | January 24, 2017 : 5:41 PM MYT
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SINGAPORE (Jan 24): M1 Limited posted a 16.1% fall in FY16 net profit after tax to $149.9 million mainly due to lower international call and roaming revenues, as well as increased depreciation and amortisation expenses from higher fixed asset base in respect of 4G network, additional spectrum acquired, and new services.

Operating revenue for FY16 ended Dec decreased 8.3% to $1.06 billion. Service revenue for FY16 decreased 2.0% to $805.5 million as traditional telecommunications services continued to be impacted by OTT (over-the-top) services. Fixed services continued to post strong growth with revenue increasing 21.4% to $104.2 million.

In the 4Q ended Dec, net profit after tax fell 27.1% to $31.8 million while revenue rose 1.9% to $313.9 million.

During the year, M1 added 52,000 postpaid customers and 39,000 prepaid customers, to bring the total mobile customer base to 2.02 million. Mobile churn was stable year-on-year at 1.0%. Data traffic continued to trend higher, with average postpaid smartphone data usage increasing to 3.6GB per month in fourth quarter of 2016, from 3.3GB per month a year ago. Mobile data revenue increased 7.7% percentage points year-on-year to 54.0% of service revenue. M1’s fibre customer base also increased 32,000 during the year to 160,000.

Looking ahead, M1 said market conditions are expected to remain challenging in the current year as the communications sector continues to evolve and the market welcome a new mobile network operator. However, the rise of business ecosystems based on internet, growing internet-of-things (IoT) services, as well as Government’s smart nation initiatives, are creating new addressable markets.

The Board of Directors has recommended a final dividend of 5.9 cents per share, taking full year payout to a total of 12.9 cents per share.

Shares of M1 closed 6 cents higher at $2.17.

 

[xSieghartx]

this year AGM i gonna take mic and blast her gao gao liao

no more give chance to this woman... CMI to the max hahahahahaha

2015 earnings/dividends cut
2016 earnings/dividends cut AGAIN!

2017???????????? I cannot bear another cut.... I want a CEO who can at least promise to stablize things.... if the CEO cannot even do that... then should just get lost hahahahaha

Support you gao gao!!!

But honestly speaking, even if you don't do that, there'll be many other shareholders waiting in line for that haha.

 

[orhanzi]

tmr all selling m1 ?

 

[xSieghartx]

tmr all selling m1 ?

Mai la, wait for AGM.

 

[Genosis]

this year AGM i gonna take mic and blast her gao gao liao

no more give chance to this woman... CMI to the max hahahahahaha

2015 earnings/dividends cut
2016 earnings/dividends cut AGAIN!

2017???????????? I cannot bear another cut.... I want a CEO who can at least promise to stablize things.... if the CEO cannot even do that... then should just get lost hahahahaha

The shocking thing is that the 4th Telco has not even started any operations yet M1's performance is oredi declining for 4 consecutive quarters.....really puzzling!!! Dun dare to even think when TPG start grabbing market share in 2018...

Really need a new CEO to steady the ship.....

 

[EvilPaladin]

this year AGM i gonna take mic and blast her gao gao liao

no more give chance to this woman... CMI to the max hahahahahaha

2015 earnings/dividends cut
2016 earnings/dividends cut AGAIN!

2017???????????? I cannot bear another cut.... I want a CEO who can at least promise to stablize things.... if the CEO cannot even do that... then should just get lost hahahahaha

support u bro, tomorrow MCT's turn to report. Please dont disappoint me. Do not let me down!

 

[Shion]

Is Karen still selling M1 shares ?

 

[Genosis]

Is Karen still selling M1 shares ?

This year dun have yet.....

 

[akwl88]

This year dun have yet.....

This year only pass 24 days haha

 

[Genosis]

support u bro, tomorrow MCT's turn to report. Please dont disappoint me. Do not let me down!

No worries.....tmr PLife, Suntec and MCT all will WWJBH!!!

 

[Aventad0r]

No worries.....tmr PLife, Suntec and MCT all will WWJBH!!!

What is WWJBH? Ps I very Long never come Ssi le

 

[goh6570]

Wun wun jiak bee hoon

What is WWJBH? Ps I very Long never come Ssi le

 

[Genosis]

What is WWJBH? Ps I very Long never come Ssi le

Means 'Wun Wun jiak bee hoon'...... which means 'A Sure Thing', 'High Confidence of a good outcome'

 

[akwl88]

Means 'Wun Wun jiak bee hoon'...... which means 'A Sure Thing', 'High Confidence of a good outcome'

Confidence for the future!

 

[Genosis]

Still waiting for Ascendas results.....zzzzzz

 

[Aventad0r]

Beehoon jin Ho Jiak!

 

[Genosis]

Confidence for the future!

Indeed.....

WWJBH will be SSI warriors' investing manifesto!