lousy STI

[JackyCheung]

I dont know much about these counters since I dont buy counters related to alcohol ( FNN ) and weapons (STE ) . Stamford I have not looked at it before.

Why not look at GLP?

FNN sold its alcohol business liao, now is dead business, i wish they keep its alcohol. hahaha. then i can drink free alcohol every year.
weapon ( STE) not good meh? well, aerosphere repairment business drag down the whole group profit. kns

GLP good? because of Japen got more QE, so GLP will benefit from it.
u got GLP?

 

[JackyCheung]

I dont know much about these counters since I dont buy counters related to alcohol ( FNN ) and weapons (STE ) . Stamford I have not looked at it before.

Why not look at GLP?

my broker said GLP long term good but 3-6 month likely to drop.

how do you think GLP?

 

[JackyCheung]

STE free fall, i want to faint liao:(

 

[uvwxyz]

my broker said GLP long term good but 3-6 month likely to drop.

how do you think GLP?

I have some from last time bought at 1.70 plus sold some but kept some. Just now I bought 2 lots at 2.63. Keep is not bad but the dividends cant beat stocks like SPH or Singtel but still get 3 plus %

 

[uvwxyz]

STE free fall, i want to faint liao:(

Fall from what price till now?

 

[JackyCheung]

Fall from what price till now?

my purchase price from 3.88 then 3.7
today 3.5 i just scoop 3 lot again:(

now i have 16 lot...

well, paper loss 8.6%...4.5k++...no eyes see

 

[uvwxyz]

FNN sold its alcohol business liao, now is dead business, i wish they keep its alcohol. hahaha. then i can drink free alcohol every year.
weapon ( STE) not good meh? well, aerosphere repairment business drag down the whole group profit. kns

GLP good? because of Japen got more QE, so GLP will benefit from it.
u got GLP?

Anyway I was looking at Keppel T & T a few weeks back when it was 1.60 plus but didnt buy. Now is past 1.80 and too late to enter I think even though they got some news. I got stuck 5 lots from long ago at 2.20.

 

[uvwxyz]

my purchase price from 3.88 then 3.7
today 3.5 i just scoop 3 lot again:(

now i have 16 lot...

well, paper loss 8%...4k++...no eyes see

This counter I think should be okay long term also because got good connections.

 

[JackyCheung]

This counter I think should be okay long term also because got good connections.

https://sg.finance.yahoo.com/echarts?s=S63.SI

see the chart, actually my entry price not high.

btw, are you just comforting me? or it is ok to keep for long term.i buy blue chip also lose money. very sian

 

[uvwxyz]

my purchase price from 3.88 then 3.7
today 3.5 i just scoop 3 lot again:(

now i have 16 lot...

well, paper loss 8.6%...4.5k++...no eyes see

3Q14 earnings for ST Engineering below expectations,
dragged down largely by restructuring costs at ST
Aerospace’s European operations.

Growth prospects in near
term will be affected by weak macro conditions in Europe
and China. We have cut FY14/15F earnings by 5% each.

Maintain HOLD for 4% dividend yield; TP lowered to S$3.80
(Prev S$ 4.00) in line with the earnings cut.

 

[uvwxyz]

https://sg.finance.yahoo.com/echarts?s=S63.SI

see the chart, actually my entry price not high.

btw, are you just comforting me? or it is ok to keep for long term.i buy blue chip also lose money. very sian

See the reply above so I think its okay to hold unless got drastic change in fundamentals.

 

[JackyCheung]

3Q14 earnings for ST Engineering below expectations,
dragged down largely by restructuring costs at ST
Aerospace’s European operations.

Growth prospects in near
term will be affected by weak macro conditions in Europe
and China. We have cut FY14/15F earnings by 5% each.

Maintain HOLD for 4% dividend yield; TP lowered to S$3.80
(Prev S$ 4.00) in line with the earnings cut.

i believe next year, europe and china will pick up their economy.

 

[retardface]

Shares are too dangerous to play because it is fixed and have insider trading and its better to buy bonds because its safer.

 

[uvwxyz]

i believe next year, europe and china will pick up their economy.

I hope so then the market can go up some more and hopefully all of us can keep our jobs.

 

[JackyCheung]

I hope so then the market can go up some more and hopefully all of us can keep our jobs.

i no worry i will be jobless.
only worry my share, very selfish thinking. hahaha

 

[JackyCheung]

uvwxyz
are you buying GLP?
well, i have bought 3 lot st engineering and 3 lot semb corp last friday and today.

think i will rest a while.
i left not much money now.

 

[uvwxyz]

uvwxyz
are you buying GLP?
well, i have bought 3 lot st engineering and 3 lot semb corp last friday and today.

think i will rest a while.
i left not much money now.

I just bought 2 lots of GLP this morning at 2.63. The analysts think can go over $3.

 

[JackyCheung]

I just bought 2 lots of GLP this morning at 2.63. The analysts think can go over $3.

for long term or short term?

 

[JackyCheung]

GLP financial ratio looking good

Stock Data
Market Capitalization (SGD 'mil) 12,824.73
Common Shares Outstanding ('mil) 4,839.2755
52 Week High (SGD) (18/11/2013) 3.130
52 Week Low (SGD) (14/04/2014) 2.540
52 Week Return (%) -11.670
Average Volume ('mil) 12.8702
Beta 0.90
Financial strength
Current Ratio 2.32
Quick Ratio -
Long Term Debt to Equity (%) 28.59
Total Debt to Equity (%) 30.39
Interest Coverage Ratio (TTM) -
Free Cash Flow to Firm (TTM) (SGD 'mln) -1,710.16
Margin
Gross Margin (TTM) (%) 81.91
Operating Profit Margin (TTM) (%) 79.76
Net Profit Margin (TTM) (%) 99.18
Dividend §
Annual Dividend per share (SGD) 0.0463
Dividend Yield (TTM) (%) 1.75
Dividend Yield (Annual) (%) 1.70
Payout Ratio (TTM) (%) 37.43
3-Year Growth Rate (%) -
Valuation
Historical P/E Ratio 14.96
P/E Ratio (TTM) 17.12
P/BV (latest interim) 1.18
BVPS (latest interim) (SGD) 2.3968
EPS TTM (SGD) 0.1548

FY2014 Q2 FY2014 Q3 FY2014 Q4 FY2015 Q1 FY2015 Q2
Income Statement
Total Revenue 146.63 170.95 150.43 169.30 192.93
Cost of Revenue (27.51) (28.17) (28.76) (31.09) (35.67)
Gross Profit 119.12 142.78 121.67 138.21 157.26
Operating Expenses (10.11) 13.53 2.66 (6.73) (24.16)
Operating Income 109.01 156.30 124.33 131.48 133.10
Others, Net 86.04 62.37 63.19 115.65 40.69
Income before Taxes 195.04 218.67 187.52 247.13 173.79
Tax (42.13) (32.57) (22.70) (42.20) (51.63)
Extraordinary Items and Adjustments (7.92) (9.88) (4.84) (25.51) (32.70)
Net Income 145.00 176.22 159.98 179.42 89.47

Balance Sheet
Cash and Short Term Investments 1,389.26 1,257.42 1,500.74 2,345.96 2,971.51
Total Receivables, Net 370.27 359.54 405.95 394.33 356.46
Other Current Assets 289.23 279.62 3.45 - 669.56
Total Current Assets 2,048.75 1,896.58 1,910.14 2,740.30 3,997.52
Property/Plant/Equipment, Net 26.53 30.92 57.55 59.00 56.42
Other Long Term Assets 11,377.08 11,602.95 12,373.75 14,076.16 13,107.69
Total Assets 13,452.36 13,530.45 14,341.44 16,875.46 17,161.64
Payables and Accrued Expenses 536.76 536.27 644.86 683.57 773.10
Other Current Liabilities 294.38 328.61 179.28 227.74 463.78
Total Current Liabilities 831.14 864.88 824.15 911.31 1,236.88
Total Long Term Debt 2,580.10 2,409.17 2,503.68 3,016.08 2,223.85
Other Liabilities 1,442.90 1,658.14 2,255.86 3,799.43 4,751.28
Total Liabilities 4,854.14 4,932.19 5,583.68 7,726.82 8,212.01
Common Equity 6,277.91 6,278.33 6,278.81 6,443.80 6,445.91
Retained Earnings (Accumlated Deficit) 2,286.82 2,446.56 2,599.99 2,765.83 2,719.04
Other Equities 33.49 (126.63) (121.04) (60.99) (215.33)
Total Equity 8,598.22 8,598.25 8,757.76 9,148.64 8,949.63

Cash Flow Statement
Cash Flow From Operations Activities (cumulative) 135.24 188.83 263.18 137.46 280.91
Cash Flow From Investing Activities (cumulative) (472.50) (603.28) (783.78) (1,328.00) (1,201.72)
Cash Flow From Financing Activities (cumulative) (227.58) (267.86) 73.38 2,035.41 2,421.68
Currency Translation Adjustments (10.31) (17.72) (24.27) 0.36 4.64
Net Change in Cash (575.15) (700.04) (471.50) 845.23 1,505.52

Ratios & Other data
ROA (%) 4.55 5.50 4.60 4.86 2.85
ROE (%) 6.36 7.81 6.94 7.49 3.63
DPS (USD) - - 0.0357 - -
EPS (USD) 0.0287 0.0352 0.0318 0.0357 0.0167

 

[uvwxyz]

for long term or short term?

Prepared for long term but if short term got good profit I take.