*Official* MasterLeong Thread

[MasterLeong]

do note that for M1, i have realized LOSSES... I think about 3k++ or so

not counting dividends recieved

 

[MasterLeong]

if factoring realised losses, and exclude dividends the cost of M1 can be as high as
2.20-2.30 level

cheers

 

[wiz]

M1 this year I traded in and out a few times, the last purchase was below $2 that's why the average price so low

same for SCI and SH, also traded in and out

Ah ok SGXcafe has been excellent for me to compute P&L but it does not show me the yield you have just shared

 

[lewissac]

do note that for M1, i have realized LOSSES... I think about 3k++ or so

not counting dividends recieved

But ur DBS of over 20% profit makes up for it

 

[Daimon]

Is the market underestimating what Trump is going to do to China?

Seems like everyone is confident about the future

 

[akwl88]

Is the market underestimating what Trump is going to do to China?

Seems like everyone is confident about the future

daimon gor gor voted for confidence for the future?

 

[MasterLeong]

But ur DBS of over 20% profit makes up for it

Yeah
Anyway dbs i keep for long term
Dont think gonna sell the banks unless PB very high

 

[MasterLeong]

Ah ok SGXcafe has been excellent for me to compute P&L but it does not show me the yield you have just shared

Hmmm think maybe have to select the columns to show
Can adjust what on and off one

 

[MasterLeong]

Sti today small green again
Never thought december would be so good hehehe

 

[MasterLeong]

this one looks more reasonable




5 ‘must buy’ stocks to make the best of 2017 market: Deutsche
By Michelle Zhu / theedgemarkets.com.sg | December 7, 2016 : 1:32 PM MYT
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SINGAPORE (Dec 7): Deutsche Bank expects Singapore to reach a cyclical bottom in 2017, particularly the real estate and offshore & marine (O&M) sectors, on improvement in external demand and likely pro-growth policies.

“We also expect Singapore to continue with the current structural reform and to shift towards building a Smart Nation. Restructuring and rebuilding Singapore champions could be a key focus in 2017,” observe analysts Joy Wang and Chien-Fie Man in a Tuesday report.

Noting that stock prices have moved significantly towards the end of 2016, the research house believes 2017 is likely to see more uncertainties, coupled with a still-challenging fundamental outlook and a rising rates environment.

Under these two key themes of ‘Smart Nation’ and ‘better capital management’ for 2017, Deutsche Bank has therefore identified five stocks as its top “buy” picks for the New Year:

1. SingTel (target price: $4.45)
Analyst Srini Rao forecasts a 3-year CAGR (FY17-20E) revenue and EPS of 2.8% and 9.8% respectively for SingTel, and is convinced the telco will be a major beneficiary of Singapore’s Internet of Things (IoT) project, Smart Nation. Its enterprise division accounts for 35% of core EBIT, which he thinks will benefit from the infrastructure build-out and associated services of the Smart Nation programme.

Rao also thinks SingTel’s Optus business in Australia “should make modest share gains” despite a competitive landscape, while SingTel’s potential initial public offering (IPO) of NetLink Trust would provide an opportunity for a one-time special dividend.

2. SingPost (target price: $1.85)
Deutsche Bank is remaining positive on Singapore Post’s (SingPost’s) growth prospects for a variety of reasons. For starters, analyst Joshua Lee believes the market seems to be undervaluing SingPost’s mail business at $1.64 per share as at Dec 6.

“We expect Chinese inbound tourism into Singapore to register a CAGR of 18% over 2015-2020E, and we believe this will drive overall growth at Changi Airport,” he adds. Looking ahead, the analyst projects the company’s refocus on integration to lift ROE by 3 percentage points to about 14% by March FY19E, and drive a 205 topline CAGR over FY16-19E.

3. SATS (target price: $5.79)
Joe Liew, another analyst at Deutsche Bank, likes SATS for its “dominant position in Singapore’s aviation and food solutions business” as well as its “long-term attractive business growth supported by strong Chinese inbound tourism to Singapore, and capacity expansion of Changi airport”.

Liew also highlights the stock for its “solid fundamentals” with a net cash position in the balance sheet and stable 4-5% FCF yield, reflecting financials strength which he believes SATS can use to make value-accretive acquisitions or increase dividend flow to shareholders.

4. CapitaLand (target price: $4.05)
CapitaLand should remain focused on improving its ROE through its initiatives including cost reduction and project completion cycles, according to analyst Joy Wang. She also emphasises that the developer could be a likely first mover on any potential restructuring and increasing dividend payout.

“This, coupled with likely strong earnings growth in the medium term and the undemanding valuation, should enable the Group to catch up in performance. The stock is trading at a 23% discount to book and a 34% discount to Deutsche Bank RNAV estimates,” notes Wang.

5. DBS (target price: $18.50)
As DBS has the highest developed market exposure among the three Singapore banks, analyst Franco Lam thinks the stock is now more geared to benefit from a rate-rise scenario due to less vulnerability to risks of potential liquidity outflow in emerging markets (EM). Lam also believes the strength of its wealth management franchise will continue to be an impetus for DBS’s earnings growth, boosted by its recent tie-up with Manulife to form a bancassurance agreement.

“The bank also benefits from the best CASA franchise among the three banks at 62%, providing an additional lever to take advantage of rising rates,” he adds. At the same time, Lam also acknowledges DBS as Deutsche Bank’s top pick and only “buy” call in the Singapore banking space.

As at 12.05pm, shares of SingTel, SingPost, SATS, CapitaLand and DBS are trading at $3.77, $1.46, $4.75, $3.08 and $18.30 respectively.

 

[MasterLeong]

ranked by percentage of portfolio

 

[MasterLeong]

http://investmentmoats.com/wealth-b...gle-45-year-old-with-6-investment-properties/

 

[Sinkie]

ranked by percentage of portfolio

Your 3 banks huat until damn huat

 

[MasterLeong]

Your 3 banks huat until damn huat

heng heng, thanks for support

mostly bought at around 10% discount to book value... somemore I did not catch the bottom heheehehe

 

[MasterLeong]

the boat for banks i think 110% confirm gone liao

maybe need to wait for the next crisis then will see banks sell below book value again

hard to pick them up so cheap again... will just hold and keep collecting scrips to grow the position hehehehehee

 

[MasterLeong]

still remember got ppl waiting to buy DBS at $10, OCBC $5....... LOL LOL LOL

 

[MasterLeong]

in 2015 we closed 2882, STI was down 15% for that year

now sti at 2956

a gain of 74 or 2.5%


I was expecting 2016 to be down too but this year end rally may set the STI to be maybe 5% for 2016

HUAT AH $$$$$$$$$$$$$

 

[MasterLeong]

STI 1 year chart

https://sg.finance.yahoo.com/echarts?s=^STI#symbol=^STI;range=1y

 

[MasterLeong]

https://sg.finance.yahoo.com/echarts?s=^STI#symbol=^STI;range=2y

2 year chart seems like a better picture that bear seems to be over

 

[Perisher]

https://sg.finance.yahoo.com/echarts?s=^STI#symbol=^STI;range=2y

2 year chart seems like a better picture that bear seems to be over

Ya, looks like break downtrend on the 2 year chart.