September 2016

 

STI = 2860.23 (+10.29)

Stock

Period

Mkt

DPS cts

Yield

EPS cts

PE

Div Breakdown

SGX

FY16 (Jun)

$7.470

28.00

3.748%

32.60

22.91

Q1, Q2, Q3 5ct ; Q4 5ct +8ct

SingPost

FY16 (Mar)

$1.470

7.00

4.762%

10.86

13.54

Q1, Q2, Q3 1.5ct ; Q4 2.5ct

SPH

FY15 (Aug)

$3.800

20.00

5.263%

20.00

19.00

Interim 7ct ; Final 8ct + Special 5ct

 

 

Aviation Services

Stock

Period

Mkt

DPS cts

Yield

EPS cts

PE

Div Breakdown

SATS

FY16 (Mar)

$4.970

15.00

3.018%

19.90

24.97

Interim 5ct ; Final 10ct

SIA Engineering

FY16 (Mar)

$3.720

14.00

3.763%

15.74

23.63

Interim 6ct ; Final 8ct

ST Engineering

FY15 (Dec)

$3.270

15.00

4.587%

17.05

19.18

Interim 5ct ; Final 5ct + Special 5ct

 

 

Transport

Stock

Period

Mkt

DPS cts

Yield

EPS cts

PE

Div Breakdown

SBSTransit

FY15 (Dec)

$2.330

2.70

1.159%

5.41

43.07

Interim 1.65ctct ; Final 1.05ct

ComfortDelGro

FY15 (Dec)

$2.790

9.00

3.226%

14.07

19.83

Interim 4ct ; Final 5ct

SMRT

FY16 (Mar)

$1.655

4.00

2.417%

7.17

23.08

Interim 1.5ct ; Final 2.5ct

 

 

TELCO

Stock

Period

Mkt

DPS cts

Yield

EPS cts

PE

Div Breakdown

SingTel

FY16 (Mar)

$3.990

17.50

4.386%

24.29

16.43

Interim 6.8ct ; Final 10.7ct

M1

FY15 (Dec)

$2.370

15.30

6.456%

19.10

12.41

Interim 7ct ; Final 8.3ct

StarHub

FY15 (Dec)

$3.420

20.00

5.848%

21.50

15.91

Q1 5ct ; Q2 5ct ; Q3 5ct ; Q4 5ct

 

 

Banking & Finance

Stock

Period

Mkt

NBV

DPS

Yield

EPS

PE

Div Breakdown

DBS

1H16 (Jun)

$15.30

$16.48

$0.60

3.922%

$1.790

8.55

Interim 30ct ; Final 30ct

FY15 (Dec)

$15.82

$1.710

8.95

OCBC

1H16 (Jun)

$8.59

$8.19

$0.36

4.191%

$0.835

10.29

Interim 18ct ; Final 18ct

FY15 (Dec)

$8.03

$0.952

9.02

UOB

1H16 (Jun)

$18.80

$18.16

$0.70

3.723%

$1.890

9.95

Interim 35ct ; Special Anniversay 20ct ; Final 35ct

FY15 (Dec)

$17.84

$1.940

9.69

Hong Leong Fin

1H16 (Jun)

$2.22

$3.79

$0.11

4.955%

$0.0995

19.25

Interim 4ct ; Final 7ct

FY15 (Dec)

$3.80

$0.1642

13.52

Note : Banks Added from May-16 ; EPS are Annualised Figures ; DPS + Breakdown are FY15 Figures

 

 

Infrastructure

Stock

Period

Mkt

DPS cts

Yield

NAV

Div Breakdown

AusNetServices

2H – Mar16

$1.695

A4.265

5.244%

A$0.82

1H16 A4.265ct ; 2H16 A4.265ct

* SPAus DPU in A$. Yield is Calculated Using Latest Exchange Rate (A$1 : S$1.0420) fm Yahoo

NOTES :

  • Mkt Price is as on 27-Sep-16
  • HLFin : 1H15 (Jun) – 3ct
  • ST Engg : 1H16 (Jun) – 5ct
  • ComfortDelgro 1H15 (Jun) – 4.25ct
  • SBSTransit : 1H16 (Jun) – 2.35ct
  • SingPost : Q117 (Jun16) – 1.5ct
  • StarHub : Q216 (Jun) – 5ct ; Q116 (Mar) – 5ct
  • SGX : Q416 (Jun16) – 5ct + 8ct ; Q316 (Mar16) – 5ct ; Q216 (Dec15) – 5ct ; Q116 (Sep15) – 5ct ; Dividend Policy No Less than 5ct/Q or 80% of Annual NPAT, whichever is Higher
  • SATSvcs : 2H16 (Mar16) – Final 10ct ; 1H16 (Sep15) – Interim 5ct
  • AusNet : 1H16 (Sep15) – A4.265ct (Franked) ; 2H16 (Mar16) – A4.265ct (Franked)
  • SingTel : 2H16 (Mar16) – Final 10.7ct ; 1H16 (Sep15) – Interim 6.8ct
  • SIAEC : 2H16 (Mar) – Final 8ct ; 1H16 (Sep15) – Interim 6ct
  • SMRT : 2H16 (Mar16) – Final 2.5ct ; 1H16 (Sep15) – Interim 1.5ct
  • SPH : 1H16 (Feb) – Interim 7ct
  • M1 : 2H15 (Dec) – Final 8.3ct ; 1H15 (Jun) – Interim 7ct
  • StarHub : FY16 Div Guidance – 5ct/Q
  • SPAus : FY16 Guidance = A8.53ct Gross
  • SingPost : Dividend Guidance for FY16 (Mar) = 7ct
  • ST Engg : Dividend Payout Reduced from 90% to 80% for FY13 & Will Be Further Reduced to 75% from FY14
  • SingTel : Div Policy – 60% to 75% of Underlying Net Profit

 

August 2016

Results Anoouncement

  • 3 Aug 16 : StarHub (Q216) – EPS 6.3ct vs 5.7ct (Q215) ; 11.6ct (1H16) vs 10ct (1H15) ; FCF 7.9ct vs 6ct (Q215) ; Div 5ct (same)
  • 4 Aug 16 : SingPost (Q117) – EPS 1.49ct vs 1.996ct (Q116) ; FCF 0.66ct vs -0.76ct (Q116) ; Div = 1.5ct (same – but Dividend Policy Under Review)
  • 8 Aug 16 (AM) : DBS (Q216) – EPS $1.67 vs $1.78 (Q215) ; $1.79 (1H16) vs $1.81 (1H15) ; Div 30ct (same)
  • 8 Aug 16 : SMRT (Q117) – EPS 1.02ct vs 1.32ct
  • 11 Aug 16 (AM) : SingTel (Q117) – EPS 5.93ct vs 5.91ct (Q116) ; FCF 7.73ct vs 6.11ct (Q116)
  • 11 Aug 16 : SBSTransit (Q216) – EPS 2.34ct vs 1.97ct (Q215) ; 4.96ct (1H16) vs 3.51ct (1H15) ; Div 2.35ct vs 1.65ct (1H15)
  • 12 Aug 16 : ComfortDelgro (Q216) – EPS 3.96ct vs 3.77ct ; 7.37ct (1H16) vs 6.93ct (1H15) ; Div 4.25ct vs 4ct (1H15)
  • 12 Aug 16 : STEng (Q216 Results) – EPS 4.1ct vs 4.01ct (Q215) ; 7.65ct (1H16) vs 8.19ct (1H15) ; Div 5ct (same)
  • 12 Aug 16 : HLFin (Q216) – EPS 9.95ct vs 12.58ct (Q215) ; 11.53ct (1H16) vs 13.31ct (1H15) ; Div 3ct vs 4ct (1H15)

 

 

 

STI = 2820.59 (-7.80 ; -48.10 for Month ; -62.14 for Year)

Stock

Period

Mkt

DPS cts

Yield

EPS cts

PE

Div Breakdown

SGX

FY16 (Jun)

$7.560

28.00

3.704%

32.60

23.19

Q1, Q2, Q3 5ct ; Q4 5ct +8ct

SingPost

FY16 (Mar)

$1.365

7.00

5.128%

10.86

12.57

Q1, Q2, Q3 1.5ct ; Q4 2.5ct

SPH

FY15 (Aug)

$3.770

20.00

5.305%

20.00

18.85

Interim 7ct ; Final 8ct + Special 5ct

 

 

Aviation Services

Stock

Period

Mkt

DPS cts

Yield

EPS cts

PE

Div Breakdown

SATS

FY16 (Mar)

$4.710

15.00

3.185%

19.90

23.67

Interim 5ct ; Final 10ct

SIA Engineering

FY16 (Mar)

$3.820

14.00

3.665%

15.74

24.27

Interim 6ct ; Final 8ct

ST Engineering

FY15 (Dec)

$3.230

15.00

4.644%

17.05

18.94

Interim 5ct ; Final 5ct + Special 5ct

 

 

Transport

Stock

Period

Mkt

DPS cts

Yield

EPS cts

PE

Div Breakdown

SBSTransit

FY15 (Dec)

$2.240

2.70

1.205%

5.41

41.40

Interim 1.65ctct ; Final 1.05ct

ComfortDelGro

FY15 (Dec)

$2.830

9.00

3.180%

14.07

20.11

Interim 4ct ; Final 5ct

SMRT

FY16 (Mar)

$1.645

4.00

2.432%

7.17

22.94

Interim 1.5ct ; Final 2.5ct

 

 

TELCO

Stock

Period

Mkt

DPS cts

Yield

EPS cts

PE

Div Breakdown

SingTel

FY16 (Mar)

$4.020

17.50

4.353%

24.29

16.55

Interim 6.8ct ; Final 10.7ct

M1

FY15 (Dec)

$2.670

15.30

5.730%

19.10

13.98

Interim 7ct ; Final 8.3ct

StarHub

FY15 (Dec)

$3.660

20.00

5.464%

21.50

17.02

Q1 5ct ; Q2 5ct ; Q3 5ct ; Q4 5ct

 

 

Banking & Finance

Stock

Period

Mkt

NBV

DPS

Yield

EPS

PE

Div Breakdown

DBS

1H16 (Jun)

$14.99

$16.48

$0.60

4.003%

$1.790

8.37

Interim 30ct ; Final 30ct

FY15 (Dec)

$15.82

$1.710

8.77

OCBC

1H16 (Jun)

$8.59

$8.19

$0.36

4.191%

$0.835

10.29

Interim 18ct ; Final 18ct

FY15 (Dec)

$8.03

$0.952

9.02

UOB

1H16 (Jun)

$18.01

$18.16

$0.70

3.887%

$1.890

9.53

Interim 35ct ; Special Anniversay 20ct ; Final 35ct

FY15 (Dec)

$17.84

$1.940

9.28

Hong Leong Fin

1H16 (Jun)

$2.24

$3.79

$0.11

4.911%

$0.0995

19.43

Interim 4ct ; Final 7ct

FY15 (Dec)

$3.80

$0.1642

13.64

Note : Banks Added from May-16 ; EPS are Annualised Figures ; DPS + Breakdown are FY15 Figures

 

 

Infrastructure

Stock

Period

Mkt

DPS cts

Yield

NAV

Div Breakdown

AusNetServices

2H – Mar16

$1.750

A4.265

4.995%

A$0.82

1H16 A4.265ct ; 2H16 A4.265ct

* SPAus DPU in A$. Yield is Calculated Using Latest Exchange Rate (A$1 : S$1.0248) fm Yahoo

NOTES :

  • Mkt Price is as on 31-Aug-16
  • HLFin : 1H15 (Jun) – 3ct
  • ST Engg : 1H16 (Jun) – 5ct
  • ComfortDelgro 1H15 (Jun) – 4.25ct
  • SBSTransit : 1H16 (Jun) – 2.35ct
  • SingPost : Q117 (Jun16) – 1.5ct
  • StarHub : Q216 (Jun) – 5ct ; Q116 (Mar) – 5ct
  • SGX : Q416 (Jun16) – 5ct + 8ct ; Q316 (Mar16) – 5ct ; Q216 (Dec15) – 5ct ; Q116 (Sep15) – 5ct ; Dividend Policy No Less than 5ct/Q or 80% of Annual NPAT, whichever is Higher
  • SATSvcs : 2H16 (Mar16) – Final 10ct ; 1H16 (Sep15) – Interim 5ct
  • AusNet : 1H16 (Sep15) – A4.265ct (Franked) ; 2H16 (Mar16) – A4.265ct (Franked)
  • SingTel : 2H16 (Mar16) – Final 10.7ct ; 1H16 (Sep15) – Interim 6.8ct
  • SIAEC : 2H16 (Mar) – Final 8ct ; 1H16 (Sep15) – Interim 6ct
  • SMRT : 2H16 (Mar16) – Final 2.5ct ; 1H16 (Sep15) – Interim 1.5ct
  • SPH : 1H16 (Feb) – Interim 7ct
  • M1 : 2H15 (Dec) – Final 8.3ct ; 1H15 (Jun) – Interim 7ct
  • StarHub : FY16 Div Guidance – 5ct/Q
  • SPAus : FY16 Guidance = A8.53ct Gross
  • SingPost : Dividend Guidance for FY16 (Mar) = 7ct
  • ST Engg : Dividend Payout Reduced from 90% to 80% for FY13 & Will Be Further Reduced to 75% from FY14
  • SingTel : Div Policy – 60% to 75% of Underlying Net Profit