*Official* MasterLeong Thread - Part 2

[starfish.starfish]

KC in the past one year can win 2-5billion in contracts

This 2016 win only 500 mil contract
Basically their shipyards will be idle for coming 1-3 years

I know. My KC in cold storage already, not possible to break even in short term.
Just hoping sci still healthy else will sell as long as break even.

 

[JuzMobile]

Kc results so bad
I think smm and sci also bad
Dont forget that sci ceo head chopped off already
New ang mor ceo coming in to sci to clear the mess gg

Those holding kc sci with profits should consider taking off the table ba

But if u deep red then throw in cold storage wait 3 years the take out see

Yeah i thinking of divesting tmr for SCI
Dont wanna hold it to 过年.

 

[MasterLeong]

Uh Uh Siols!

Tiagong you late 20s only?

Nope i mid 30s already
But my pic look younger

 

[MasterLeong]

Yeah i thinking of divesting tmr for SCI
Dont wanna hold it to 过年.

Above $3 and u got profit
I think ok to let good
Their indian utilities a lot of problems, make me dulan

I still like their utilities biz but the marine biz too much of a drag

I expect smm to show near zero profits

 

[crimsontactics]

Nope i mid 30s already
But my pic look younger

How long did you took to build your portfolio?

 

[Layers]

http://www.msn.com/en-sg/money/topstories/warren-buffett-thinks-us-will-work-fine-under-president-donald-trump/ar-AAm8XcW#image=1

Warren Buffet hint us to buy etf

Sent from Sony E6853 using GAGT

 

[Shion]

 

[Asphodeli]

ML is right, KepCorp and SCI are commodities heavy, so they tend to be cyclical. Not really good for those seeking a safe and stable income.

However, Keppel and SCI have govt support, just have to bear the risk and price depression...for me I averaged down from $8 till $6.39 with the monthly investment plan, so if it goes down further i buy more, if it goes up good for me. perfectly hedged

But hor, don't go against the longer term "hidden" macro trends...e.g. NOL...no one noticed it until it was too late...SPH might be the next one...or even Comfort (though I doubt Comfort will KO so easily, just that price-wise it hasn't adjusted down. In fact, SPH might die a lot faster than Comfort, LOL!)

 

[Genosis]

Iirc, CMT dropped to the price Genosis wanna nibble.
Genosis got makan or not?

Got....

Nibbled CMT and FLINT today...

 

[[M]aiev]

https://www.facebook.com/groups/1661599120805998/?ref=nf_target&fref=nf

Power la

 

[Retireready]

Starhill DPU out Liao!

 

[[M]aiev]

https://www.facebook.com/groups/1661599120805998/?ref=nf_target&fref=nf

Power la

 

[Genosis]

Eu Yan Sang boss???

 

[Retireready]

Hi fellow members, I abit confused about Starhill announcement, does anyone know what it means

 

[TheIntelligentInvestor]

Hi fellow members, I abit confused about Starhill announcement, does anyone know what it means

Which part not clear? they should divest away the Japan and China properties. Olympics is too far away.

 

[MasterLeong]

MGCCT declares lower DPU of 1.778 cents for 3Q
By PC Lee / theedgemarkets.com.sg | January 26, 2017 : 6:48 PM MYT
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SINGAPORE (Jan 26): The manager of Mapletree Greater China Commercial Trust (MGCCT) has declared a DPU of 1.778 cents for the 3Q ended Dec, 4.1% lower than a year ago.

This brings total DPU for April to Dec (year to date FY16/17) to 5.378 cents, 0.7% higher than the same period a year ago.

Gross revenue for YTD FY16/17 rose 2.8% to $255.9 million while net property income came in 1.8% higher at $208.1 million. Distributable income was 2.1% higher at $149.9 million.

Festival Walk maintained consistent performance for YTD FY16/17 compared to the same period last year, registering an increase of 4.7% and 6.4% for gross revenue and NPI respectively.

Sandhill Plaza continued to contribute positive growth for the portfolio with gross revenue of $17.9 million and NPI of $16.7 million in YTD FY16/17.

However, Gateway Plaza posted a 18.9% year-on-year decline in NPI for YTD FY16/17, due to the depreciation of RMB against SGD, the implementation of VAT effective May 2016 and the change in property tax basis effective July 2016.

MGCCT’s manager says its debt maturity profile remains well-staggered, with no refinancing requirements in 2017 and total debt due in March 2018 reduced to HK$910 million ($167 million) or 7% of total borrowings outstanding.

Despite the weaker retail environment, Festival Walk’s gross revenue is expected to remain stable while the average rental reversion of remaining leases expiring in FY16/17 at Gateway Plaza is expected to grow modestly.

Sandhill Plaza is expected to benefit from healthy rental reversions for the remaining leases expiring in FY16/17.

Units of MGCCT closed 0.5 cent lower at 95.5 cents.

 

[MasterLeong]

Keppel ends FY16 with earnings of $784 mil, the lowest in a decade
By PC Lee / theedgemarkets.com.sg | January 26, 2017 : 6:18 PM MYT
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Translated by Google Translator:
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SINGAPORE (Jan 26): Keppel Corp posted earnings of $784 million for FY16 ended Dec, the lowest annual profit in a decade.

Full-year revenue fell 34.3% to $6.8 billion while operating profit fell 47.5% to $795 million.

The drop was largely due to lower contributions from Offshore & Marine (O&M) as well as additional provisions for impairment during the year of $336 million, mainly from rightsizing of Keppel Offshore & Marine and impairments of investments and work-in-progress.

In 4Q16, the group posted earnings of $143 million, 64.7% lower compared to a year ago. This came on the back of a 34.4% fall in revenue to $6.8 million.

For FY16, Keppel’s O&M Division remained profitable despite the sharp downturn, ending the full year with a net profit of $29 million. But the division was forced to reduce its direct workforce by about 10,600 or 35%, with about 3,800 in Singapore and 6,800 overseas.

Keppel O&M also cut its yard capacity and have mothballed two overseas yards. In Singapore, it is in the process of closing three yards.

The O&M division secured new contracts worth about $500 million for the full year.

The Property Division recorded a net profit of $620 million for FY16, with Keppel Land recording a higher net profit of $586 million compared to $564 million in 2015.

A total of 5,720 homes were sold in 2016, comprising about 3,800 units in China and another 1,520 units in Vietnam, with total sales value of about $2.3 billion. This is about 25% higher than the 4,570 homes sold in 2015.

The Infrastructure Division posted a net profit of $99 million for the full year.

CEO Loh Chin Hua said, “All parts of the Keppel Group are working hard to ensure that we remain resilient, despite the headwinds. Recurring income contributed to 42% of the Group’s total net profit for the year. Gains from revaluations, divestments and reversal of prior impairments amounted to $270 million, before additional provisions for impairment during the year of $336 million.”

“We will continue to focus on growing stable, recurring income that will enable Keppel to ride out downcycles. Through the challenges, I am confident that Keppel will emerge stronger, anchored on our multi-business strategy,” added Loh.

The Board has proposed a final dividend of 12.0 cents per share; bringing total dividend of 20.0 cents per share for FY16.

Shares of Keppel closed 12 cents lower at $6.39.

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[Retireready]

I can't attach picture lol, however roughly see that their DPU decrease from 1.32 to 1.26 while their gross revenue decrease by 2.8%, what to make of this lol

Which part not clear? they should divest away the Japan and China properties. Olympics is too far away.

 

[MasterLeong]

How long did you took to build your portfolio?

a decade ago started with 2000 shares of sti etf

keep saving, keep investing

jia you bro

 

[Asphodeli]

I can't attach picture lol, however roughly see that their DPU decrease from 1.32 to 1.26 while their gross revenue decrease by 2.8%, what to make of this lol

don't think too deep la. what's your main concern?