*Official* MasterLeong Thread - Part 2

[Layers]

Alright guys, I have queued for my SH to be sold on Monday �

M1 dropped 9 cents when market open. Most likely u will have to sell at market price if u dun queue low enuff

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[onlybuyneversell]

I will still be holding onto my 10,000 starhub ^^
My cost $3
So getting 5% yield still reasonable for me

Same for M1, as long as 5% or higher is fine for me

Urs is more like sg teleco etf.

At least no need scared or even care who win the upcoming telco war.

 

[Layers]

Consumer shift in spending, less main contract, more sim-only, data price war contribute to lower earnings I guess.

And Netflix team up with Singtel only right.?

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[Maeda_Toshiie]

NTUC is social co-op.....objective is not profit-making........

Their prices don't reflect that

 

[MasterLeong]

Urs is more like sg teleco etf.

At least no need scared or even care who win the upcoming telco war.

ya i vested in all 3 telcos

if TPG lists their SG one here, i may hoot to complete all 4

telcos earnings have fallen but they still remain profitable and i believe they will remain profitable for the decade to come

 

[Layers]

Their prices don't reflect that

Well cheaper than most places. Being monopoly also doesn't helps ba

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[JuzMobile]

with all the drop in profits this year for m1/sh, one wonders why there is a need to introduce another telco into the fray.

Good for consumers like me.
Now can have back high data plan with cheap rates.

 

[Average]

govt dun care abt fall in profits lah... cheaper telecom bills can win more votes

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[Maeda_Toshiie]

Contrary to what fellow SSI said. Mass sending resume is the right way to go. It is the way you conduct yourself with interviewers that matter most.

This may sounds cliche, but think deeply about how you want to answer these questions:

1) Tell me more about yourself.
2) What are you looking for in the job?
3) Where do you see yourself in 3/5 years time.
4) Why do you choose us as the company.

Lastly, your capabilities and experience do matter. Try to learn fast, work smart and PLP well.

There is the shotgun way, and the sniper way. The shotgun is of course go mass mail almost every job remotely related. The sniper way is to pick a small number of jobs that you are most relevant for. The former method is more common among fresh grads while the latter is more relevant for experienced personnel.

In any case, the cover letter must be tailored towards the company. You can have more than one resume, tailored towards different job types or industries, not necessarily one single version or having to modify for every company out there.

 

[EvilPaladin]

maybe telcos are the "new" big long?

 

[Dividends Warrior]

Hmmm, so to sell or still hold on to my StarHub?

Get out while you can on Monday.

 

[MasterLeong]

Global Logistic Properties receives various proposals from a number of parties in strategic review
By PC Lee / theedgemarkets.com.sg | February 3, 2017 : 5:58 PM MYT
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Translated by Google Translator:
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SINGAPORE (Feb 3): Global Logistic Properties says it has received various non-binding proposals from a number of parties in connection with the strategic review.

However, GLP has stressed that no definitive transaction has been entered into by the company with any party and there is no assurance that any transaction will materialise from such proposals or the strategic review.

(See also: GLP soars on reports of competing bids, extension of long-term leases)

(See also: Blackstone said to vie with Warburg, Chinese group for GLP)

(See also: Warburg said to be forming consortium to bid for Singapore’s GLP)

(See also: GLP said to seek bids for $11.3 bil company)

A special committee, consisting of four independent directors and chaired by Dr Seek Ngee Huat, Chairman of the Board, which was constituted to oversee the strategic review will be evaluating such proposals with the assistance of its financial adviser, JP Morgan (S.E.A.), and its legal adviser, Allen & Gledhill LLP.

GLP says it has also undertaken steps to avoid potential conflicts of interest.

As CEO and executive director Ming Z. Mei has an interest in one of the parties which has submitted a non-binding proposal to the company, at the start of the strategic review, Mei had recused himself from all board discussions and decisions relating to the review.

In addition, Fang Fenglei, a non-executive and non-independent director of the company, has an interest in one of the parties which has submitted a non-binding proposal to the company. Fang has also recused himself from all board discussions and decisions from the start of the review.

GLP says it will make an appropriate announcement in the event of any material developments and reminds shareholders to exercise caution when dealing in its shares.

Shares of GLP closed 3 cents higher at $2.62 on Friday.

 

[Dividends Warrior]

govt dun care abt fall in profits lah... cheaper telecom bills can win more votes

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Interesting point. I did not think of it like that before.

 

[MasterLeong]

maybe telcos are the "new" big long?

telcos I not buying any more riao

just hug and put into cold storage

 

[MasterLeong]

SIA Engineering reports 6.5% rise in 3Q earnings to $52.6 mil on one-off gain and absence of provisions
By Michelle Zhu / theedgemarkets.com.sg | February 3, 2017 : 6:03 PM MYT
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SINGAPORE (Feb 3): SIA Engineering Company (SIAEC) has announced earnings of $52.6 million for the third quarter of FY17, 6.5% higher than its earnings of $49.4 million a year ago.

This was largely attributable to SIAEC recording a $2.3 million gain on the partial disposal of an associated company, as well as due to the absence of provisions for closure costs and impairment of two associated companies which negatively impacted the group in the same quarter last year, says the group in a Friday aftermarket filing to the SGX.

Revenue for the quarter fell by 1.1% to $272.3 million from $275.2 million in the preceding year, mainly from lower fleet management and airframe & component overhaul revenue. This was however partially mitigated by higher line maintenance revenue.

Expenditure grew by 0.4% to $247.1 million from $246.2 million in 3Q16.

Share of profits of joint venture companies was $14.3 million, $3.2 million lower than the same quarter last year, while contributions from associated companies grew by 10.2% to $17.3 million.

Basic earnings per share (EPS) for the group was 4.69 cents for 3Q17, and 25.53 cents for the nine months ended Dec 31, 2016.

While SIAEC notes that its recently-formed joint ventures – such as with its agreement to established a Singapore-based joint venture with Moog Inc. and the incorporation of Heavy Maintenance Singapore Services in October – position the company well for the future, the group highlights that these are not expected to be accretive in the near term.

(See also: SIA Engineering signs JV with Moog Inc)

(See also: SIA Engineering forms JV with Airbus)

In its outlook, SIAEC says it expects the aerospace industry’s operating environment to remain challenging in the face of persisting global economic uncertainties.

It therefore intends to continue to enhance operating efficiencies and manage costs, including investing in new technologies and investing innovation, as part of its ongoing efforts to remain competitive.

Shares of SIAEC closed 0.3% lower at $3.52 on Friday.

 

[Retireready]

10kkjjj

Get out while you can on Monday.

 

[Average]

Interesting point. I did not think of it like that before.

if becum cheap, govt will gladly "bailout", cos telcos hold strategic infrastuctures and is a cashcow

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[MasterLeong]

my honest view - thou i vested in M1 and SH

2017 is likely another round of price war, as they would want to lock in as much customers as possible for a 2 year contract before TPG comes in around late 2017 or early 2018

I expect M1/SH to see another 5-10% drop in earnings in 2017 before stabilizing

cheers

 

[EvilPaladin]

my honest view - thou i vested in M1 and SH

2017 is likely another round of price war, as they would want to lock in as much customers as possible for a 2 year contract before TPG comes in around late 2017 or early 2018

I expect M1/SH to see another 5-10% drop in earnings in 2017 before stabilizing

cheers

golden post of the day!

 

[Retireready]

ML shows no bias even when holding on to the stocks, negative means negative. Respect