Sunday, February 19, 2017

Singapore Business Review - News

Singapore Business Review - News


Singapore set for modest fiscal push in Budget 2017

Posted: 19 Feb 2017 06:20 PM PST

Case Study: 
No

Check out the things to watch out for in the budget.

According to Bloomberg, with China’s economy showing consistent signs of recovery, spurring exports across the region, the immediate pressure is off Finance Minister Heng Swee Keat to provide a large stimulus package when he gives his budget speech in Parliament on Monday. Consumer demand remains weak though, and with global uncertainties mounting, the fiscal policy focus is set to stay on targeted measures and plans to spur productivity in a country grappling with an ageing population.

Internal Tags: 
FB Instant Article

read more

Here's what compressed UOB's NPL ratio in Q4

Posted: 19 Feb 2017 06:00 PM PST

Case Study: 
No

But higher NPL ratio is expected by end-2017.

Luck may have been UOB's way in the past quarter, as its nonperforming loan ratio marginally dipped to 1.5% in 4Q16, from 1.6% in the previous quarter due to higher write-offs.

However, RHB noted that it sees UOB's NPL ratio increasing in the future, growing 1.7% by end-2017 due to the soft economic environment.

RHB stated that one upside UOB can expect this year is the widening of the net interest margin and the stronger non-interest income.

Internal Tags: 
FB Instant Article

read more

ST Engineering to thrive amidst Singapore's Smart Nation initiative

Posted: 19 Feb 2017 05:14 PM PST

Case Study: 
No

It is poised to clinch $2.5b worth of deals this year.

As Singapore realises its Smart Nation dreams, ST Engineering is expected to benefit from it the most.

"Electronics could be the star in the era of smart nation and focus on infocom technology (ICT) and cyber security," a report from CIMB noted.

The brokerage firm noted that ST Engineering could clinch $2.5b worth of electronics contracts this year, following a strong 2016 with $2.3b worth of contracts signed. Around $1.6bn of the said contracts were from the advanced electronics ICT segment.

read more

How much worse can DBS's O&G woes get?

Posted: 19 Feb 2017 05:12 PM PST

Case Study: 
No

The bank's NPL ratio rose 1.4% in Q4.

It appears that the worst for oil & gas is not over after all for DBS Group, according to a report from CIMB.

The report noted that the bank's non-perfoming loan ratio crept up 1.4% in the past quarter as more O&G loans were classified. Of its $5.5b exposure to non-state owned OSV companies, $2.6b is to five chunky names, of which two are now in NPAs. The remaining $2.9b exposure to 90 names now has half the portfolio showing weakness, up from a third previously.

Internal Tags: 
FB Instant Article

read more

It's raining men: More male tourists seen in Singapore during CNY

Posted: 19 Feb 2017 05:09 PM PST

Case Study: 
No

Male tourists were seen 1.5 times higher compared to female ones.

During the recently celebrated Chinese New Year, location intelligence platform Near found out that male tourists were seen 1.5 times higher compared to female tourists. Around 61% of the 48,000 tourists and 36,500 who flocked seven locations in Singapore were male according to the study conducted by Near.

Meanwhile, the highest number of tourists were seen in the age group of 46+ years at 36%, followed by 36 – 35-year-olds at 32%, 26 – 35-year-olds at 19%, and 18 – 25-year-olds at 13%.

read more

CapitaLand's residential sales poised for a strong uplift this year

Posted: 19 Feb 2017 05:04 PM PST

Case Study: 
No

A one-time gain of $161m from The Nassim is expected in Q1.

Big-time developer CapitaLand continued to see strong momentum in its residential division in both Singapore and China, a report from DBS Group Vickers noted.

The report noted that in Singapore, the group the group has substantially sold most of its available development projects and will book a one-time gain of close to S$161m post the bulk-sale of The Nassim in 1Q17.

Internal Tags: 
FB Instant Article

read more

OCBC takes a hit from higher bad loans in Q4

Posted: 19 Feb 2017 05:03 PM PST

Case Study: 
No

Non-performing loans spiked 12% to $306m.

The distress in the oil & gas sector is still on-going for Singapore banking giants, contributing to the increase in non-performing loans.

This is the case with OCBC whose NPL ratio deteriorated slightly from 1.19% to 1.26%. NPLs increased $306m or 12% QoQ in 4Q16, coming mainly from large corporates within the O&G sector.

Internal Tags: 
FB Instant Article

read more

Daily Markets Briefing: STI up 0.35%

Posted: 19 Feb 2017 05:03 PM PST

Case Study: 
No

Expect a modest boost today.

The Straits Times Index (STI) ended 10.96 points or 0.35% higher to 3107.65, taking the year-to-date performance to +7.80%.

The top active stocks today were DBS, which gained 0.32%, Singtel, which gained 0.50%, OCBC Bank, which gained 0.74%, UOB, which gained 1.73% and Wilmar Intl, with a 0.77% advance.

According to OCBC, this came as all three major stock indexes closed at records on Friday with the Dow Jones Industrial Average eking out gains to extend its record-setting streak to a seventh session.

read more

Chart of the Day: Public investment to mitigate the weakness in private investment

Posted: 19 Feb 2017 04:58 PM PST

Case Study: 
No

Household spending added a meagre 0.2ppt to 2016 growth.

The fall in private investment has been mitigated by the improvement in the public investment, helping Singapore GDP growth to spike 2.9% in 2016.

According to Standard Chartered, private consumption may remain weak, given that household spending added a meagre 0.2ppt to 2016 growth and spending on cars faced a high base effect.

read more

Daily Briefing: Singapore, Hong Kong restart dual-class push to snag IPOs; Trump's 'lack of clarity' a risk to Singapore growth

Posted: 19 Feb 2017 04:57 PM PST

Case Study: 
No

And here are top asset management firms you should consider investing with.

Internal Tags: 
FB Instant Article

read more

FT.com - Technology

FT.com - Technology


Bill Gates calls for income tax on robots

Posted: 19 Feb 2017 10:29 AM PST

Microsoft co-founder suggests money should be used to retrain people replaced by robots

China’s Didi shakes up car-hailing app business

Posted: 18 Feb 2017 08:53 PM PST

Shift to premium services reflects new challenges in ride-sharing arena

Robert Xu of Kingdee, moving up the tech value chain

Posted: 19 Feb 2017 06:03 AM PST

Laptop-bashing chief's cloud services group exemplifies homegrown expertise

Singapore Shares, Singapore Stocks, SGX, STI and More - PuntersGallery.Com

Singapore Shares, Singapore Stocks, SGX, STI and More - PuntersGallery.Com


ShangTurbo - 20-Feb-2017 12:53 AM

Posted: 19 Feb 2017 02:01 PM PST

-- Delivered by Feed43 service

Sheng Siong - 20-Feb-2017 12:50 AM

Posted: 19 Feb 2017 02:01 PM PST

-- Delivered by Feed43 service

SHC Cap - 20-Feb-2017 12:48 AM

Posted: 19 Feb 2017 02:01 PM PST

-- Delivered by Feed43 service

Soilbuild - 20-Feb-2017 12:46 AM

Posted: 19 Feb 2017 02:01 PM PST

-- Delivered by Feed43 service

Soilbuild Business Space REIT - 20-Feb-2017 12:44 AM

Posted: 19 Feb 2017 02:01 PM PST

-- Delivered by Feed43 service

Sarine - 20-Feb-2017 12:43 AM

Posted: 19 Feb 2017 02:01 PM PST

-- Delivered by Feed43 service

SaizenREIT - 20-Feb-2017 12:42 AM

Posted: 19 Feb 2017 02:01 PM PST

-- Delivered by Feed43 service

Sapphire - 20-Feb-2017 12:40 AM

Posted: 19 Feb 2017 02:01 PM PST

-- Delivered by Feed43 service

Ley Choon Group Holdings Ltd (fka Ultro Technologies) - 20-Feb-2017 12:39 AM

Posted: 19 Feb 2017 02:01 PM PST

-- Delivered by Feed43 service

QianHu - 20-Feb-2017 12:38 AM

Posted: 19 Feb 2017 02:01 PM PST

-- Delivered by Feed43 service

Q & m dental group - 20-Feb-2017 12:36 AM

Posted: 19 Feb 2017 02:01 PM PST

-- Delivered by Feed43 service

Qaf - 20-Feb-2017 12:35 AM

Posted: 19 Feb 2017 02:01 PM PST

-- Delivered by Feed43 service

QT Vascular - 20-Feb-2017 12:32 AM

Posted: 19 Feb 2017 02:01 PM PST

-- Delivered by Feed43 service

Traders in Punters Gallery [TPG] - Feb 2017 - 20-Feb-2017 12:30 AM

Posted: 19 Feb 2017 02:01 PM PST

-- Delivered by Feed43 service

SATS Ltd (fka SATSvcs) - 20-Feb-2017 12:30 AM

Posted: 19 Feb 2017 02:01 PM PST

-- Delivered by Feed43 service

SingHldg - 20-Feb-2017 12:27 AM

Posted: 19 Feb 2017 02:01 PM PST

-- Delivered by Feed43 service

Suntar Eco-City Limited (fka Reyphon) - 20-Feb-2017 12:23 AM

Posted: 19 Feb 2017 02:01 PM PST

-- Delivered by Feed43 service

Spindex - 20-Feb-2017 12:22 AM

Posted: 19 Feb 2017 02:01 PM PST

-- Delivered by Feed43 service

Sph - 20-Feb-2017 12:21 AM

Posted: 19 Feb 2017 02:01 PM PST

-- Delivered by Feed43 service

StamfordLd - 20-Feb-2017 12:19 AM

Posted: 19 Feb 2017 02:01 PM PST

-- Delivered by Feed43 service

TheFinance.sg

TheFinance.sg


My Personal Cashflow

Posted: 19 Feb 2017 06:02 AM PST

Kyith wrote a good piece of information this morning (Link Here) regarding segregating the difference between balance sheet and cash flow/cash and connecting the dots between how we look at company the same way we tend to shape our very own lifestyle and finances. After reading the article, I am tempted to look deeper into […]

This posting includes an audio/video/photo media file: Download Now

My investment portfolio, market value and position sizing.

Posted: 19 Feb 2017 05:30 AM PST

I feel that I have been blogging a bit too much recently and it is probably a good idea for me to go offline for a few days. So, it won’t just be blogging that I am avoiding but everything else that requires me to go online to do as well. Hence, I won’t be […]

Old news that made me go hmmm last week

Posted: 19 Feb 2017 01:30 AM PST

I am not a very up-to-date kind of guy. Sometimes I stumble across some very old facts that I did not know about before (and that have nothing to do with investing). Like this one: The condor uses the least energy to move a kilometer of all species. So far so good. That sounds reasonable. […]

Frasers Commercial Trust Long Term Play in Office Rental

Posted: 19 Feb 2017 01:30 AM PST

While most REITs are announcing their 4Q2016 or FY2016 financial results, Frasers Commercial Trust is actually announcing their 1Q2017 financial results. Net Property Income fell by estimated 1% due to lower occupancy for China Square Central and Central Park. We understand that China Square Central has started the development of a 16 storey hotel and […]

How Real is the Trump-driven Stock Market Bull’s Run lately?

Posted: 19 Feb 2017 01:30 AM PST

I had been away from the stock market for several months now and then I realized that there had been a bull run lately. Dow crossing 20k and STI crossing 3k. Wow… Great according to what Trump tweeted and many reckon he is going to transform the US economy for the better. You really think […]

CFE post : How SMU can fit into the future economy.

Posted: 19 Feb 2017 01:30 AM PST

Yay ! Mid-terms are over. Today, I wanted to combine several posts into one. Of recent note, SMU has been on the radar of social media as of late. Exchange student Kerry Dwyer has written very candid comments about her SMU and Singapore experience here. In a mid-term party which was conducted by my JD […]

“I Sell Fried Chicken”

Posted: 18 Feb 2017 07:45 PM PST

My previous post about my investor friend was super well received. So much so that I'm reluctant to even link it here anymore. I just dunno if he'd appreciate the sudden publicity. Anyway, I said I'd share about another highly successful individual that I know personally. Incidentally, I recently saw a Bloomberg report about him: […]

Change is the only constant

Posted: 18 Feb 2017 07:45 PM PST

I haven't been reading much into individual companies. I just felt that with markets hitting new hits, the is now very little room for errors. Why go against the tide? It is 'fun' tabulating up the unrealised profits week after week. However, as any investor would know, unrealised gains are as they are – unrealised. […]

Diversification – in the name of big money

Posted: 18 Feb 2017 07:30 PM PST

When it comes to the topic of diversification, many big time investors have opposing views, be it through their words or actions. If you ever know anything about investing and trading (which you probably should), diversification is one of the hottest debates we have ever come across. Today, I'd like to talk more about how […]

Trust is a scarce commodity in properties

Posted: 18 Feb 2017 07:30 PM PST

In properties, market confidence determines the boom and doom of the industry. To property buyers and investors, trust can make or break a deal. In this digital world, trust is more valued than ever. Unfortunately, trust is increasingly rare to be found in industry stakeholders and the mass media. Have something up your sleeve? It […]

Interview with King of Popiah, Mr Sam Goi

Posted: 18 Feb 2017 07:30 PM PST

I watched the TV interview with Mr Sam Goi last Sunday on Channel 8 under the third season of the episode “Hear me Out”. In the previous season, I watched the interview with CEO of Sheng Siong and was impressed. You can revisit the post which I have created arising from watching the interview here […]

DBS, OCBC, UOB stock: which is a GOOD BUY?

Posted: 18 Feb 2017 07:30 PM PST

The three local bank stocks: DBS, OCBC and UOB have fallen off their highs ever since the episode of Ezra which renewed concerns over the banks' non-performing loans to the O&G sector ever since the Swiber fallouts.OCBC stock currently traded at $9.52, down by 2.36% from the stock's 52-week high of $9.75. The consensus target […]

Win and win again with SRS.

Posted: 18 Feb 2017 07:30 PM PST

I blog about the SRS pretty often and how my SRS account is a war chest. I also said before that I don’t mind having quite a bit of money idling and waiting for opportunities. When opportunities come knocking, I pounce! I get to save on income tax and invest for higher returns. It is […]

Coursera’s Paywall: What you could do about it

Posted: 18 Feb 2017 07:30 PM PST

I was trying out a Coursera course yesterday before being rudely interrupted by the paywall. Prior to this incident, Coursera courses are free to complete (unless you wanted to pay for a certificate). I’ve spent quite a bit on Coursera courses when I was still a noob who couldn’t differentiate between the quality of the […]

Random thoughts: The sense of urgency as a student

Posted: 18 Feb 2017 07:30 PM PST

Time flies, as much as I enjoy my semi-retirement life as a student, (Stressfree at full pay, how cool is that?)it is almost at half way point. It is quite a hectic schedule, but stress-free, makes hell a lot of difference.   I felt an urgency to really read as much as possible, talk to […]

Will You Buy these stocks NOW?

Posted: 18 Feb 2017 07:30 PM PST

Jumbo since reaching an all-time high of $0.78 has retreated as investors rotated between penny stocks play. Jumbo stock closed at $0.71 today, a 8.9% decline from the all-time high. Currently, Jumbo stock is oversold. Will Jumbo stock rebound? Or will Jumbo stock head further south? Of course, I do not know though on the […]

Singapore Savings Bonds in OCBC iBanking

Posted: 18 Feb 2017 07:30 PM PST

Recently I noticed that there was a new option in OCBC iBanking. I was looking through the website and I saw this option: Seems like we can buy SGS from iBanking now! Clicking on it, we get: Looks like even the Singapore Government Securities (SGS) are there! For the ease for most people (no volatility) […]

Market cycle approach to working and ETF investing

Posted: 18 Feb 2017 07:30 PM PST

I haven't posted anything new in 2 weeks. Work picked up and the past 2 weekends were packed with family and friends meetups for lunches and dinners. Typical life of a working couple without kids. We spend most of the week at work during the day and with each other at night before scheduling all […]

My Rewards from Learning Investment

Posted: 18 Feb 2017 07:30 PM PST

Last June, I wrote about "my greatest reward of learning investment" in one of my article titled "The Fallacy of “How to be Rich” from Investing in Shares (Part 2)". I mentioned back then, that my stock investment did not increase my material wealth significantly since I started in 2010. Even if it did, it […]

Bid Farewell To UMS Temporarily

Posted: 18 Feb 2017 07:30 PM PST

This is will be a rather short post. Finally, made my first transaction in 2017 yesterday. I have decided to release all my UMS shares at 70 cents yesterday. In fact, UMS is one of my best performing stock so far (about 27% capital yield, excluding dividend). The reason for my selling? Because it has […]

The Motley Fool

The Motley Fool


The Week Ahead: Has Sembcorp Marine Turned A Corner?

Posted: 18 Feb 2017 08:23 PM PST

Another crop of Straits Times Index (SGX: ^STI) step up to the rostrum next week.

Sembcorp Marine (SGX: S51), which will report on Monday, said in October that several rigs that had been due for deliver had been deferred. It also said its bottom line had been hurt by higher financing costs, foreign exchange impact and losses from associates. But there are signs that the worst could be over for the offshore services company.

Sembcorp Industries (SGX: U96) may be linked marine services through its investment in Sembcorp Marine. But there is another string to its bow – utilities. In the last quarter, Sembcorp Industries posted a 55.9% drop in profits, while revenues fell 10.8%.

There are hopes that the strong surge in fourth-quarter profits at CapitaLand (SGX: C31) might be repeated by City Development (SGX: C09) on Thursday. In November, City Developments posted a 60% rise in net profits thanks primarily to the divestment of its Hong Kong listed City e-Solutions. Elsewhere, diversification has helped the property developer sidestep the downturn in the Singapore property market.

Other companies with results are Wilmar International (SGX: F34), Golden Agri-Resources (SGX: E5H) and UOL Group (SGX: U14).

On the economic front, the US Fed will publish the minutes of its latest meeting. In February, the committee kept interest rates unchanged at 0.75%. The discussion during the meeting could provide clues as to whether a rate-hike in March is likely.

China will report its latest house price data for new homes in 70 cities. For the last four months house prices have risen by more than 10% year on year. Last month, prices in Beijing jumped 25.9%. In Shanghai it rose 26.5%.

Eurozone inflation is reckoned to have increased 1.8% year on year in January. It would be the highest rate since February 2013. The rise in inflation to the long-term average of 2% could make it harder for the European Central Bank to maintain its policy easy money.

Singapore will report its latest inflation numbers. After two years of negative inflation, consumer prices rose 0.2% in December. They are expected to have risen again in February. The headline rate could be 0.4%.

Monday is Washington’s birthday. So the US markets will be closed.

Create Wealth Through Long-Term Investing and Short-Term Trading

Create Wealth Through Long-Term Investing and Short-Term Trading


A4 Clear Holders To Give Away

Posted: 18 Feb 2017 07:34 PM PST




Email Uncle8888 if you want to take them!



Roaming The Streets Of Singapore With BMW (Bus, MRT, and Walk)

Posted: 18 Feb 2017 07:57 PM PST

Read? Two Months After Not Doing Anything To Increase GDP As Jobless Man! (2)


With Uncle8888's eyes wide open with an unhurried mind; what he actually saw and got him thinking and thinking ...

What is physically external to our body; we can do something preventive to at least slow down the weakness; but what is internal in our body; we can't really do much. Even with stronger financial resources; it doesn't really help.

Our organ and tissues inside our body. Our our mind - Dementia!!!

Scary thought!

Read?  One Uncommon Act Of Kindness!

Now, Uncle8888 is paying back this act of kindness by watching out to help especially when old folks seen lost at MRT transfer station.

True Story!

This old man with a piece of SGH hospital bill seen lost at Bishan station and asking around how to get to SGH to see doctor so Uncle8888 told him how to get to Outram station via NE line and asked him to follow as Uncle8888 was transferring from NS to NE line to Hougang.

But; along the way; this old man asked him for $2 to drink coffee. Immediately; Uncle8888's Red Flag raised - people who asked for direction will not ask for money. Right?

Uncle8888 told him: I also No Money! :-(








sharejunction

sharejunction


YZJ Shipbldg SGD

Posted: 18 Feb 2017 10:51 AM PST

Cruising with the ship ..Yangzijiang

-- Delivered by Feed43 service

IHC

Posted: 18 Feb 2017 10:51 AM PST

IHC

-- Delivered by Feed43 service

Entertainment

Posted: 18 Feb 2017 10:48 PM PST

Health matter

-- Delivered by Feed43 service

EMAS Offshore

Posted: 18 Feb 2017 10:48 PM PST

Newest IPO in SGX

-- Delivered by Feed43 service

Arion Ent

Posted: 18 Feb 2017 10:48 PM PST

Arion Ent

-- Delivered by Feed43 service

Chip Eng Seng

Posted: 18 Feb 2017 10:51 AM PST

ChipEngS - Low PE, High Yield and High NAV in One

-- Delivered by Feed43 service

Centurion

Posted: 18 Feb 2017 10:48 PM PST

Centurion Corp

-- Delivered by Feed43 service

QT Vascular

Posted: 18 Feb 2017 10:48 PM PST

QTV - potential to go back to 50cts?

-- Delivered by Feed43 service

Perennial Hldgs

Posted: 18 Feb 2017 10:48 PM PST

Putting more money into chinese partner

-- Delivered by Feed43 service