Author: kktan
June 2016
STI = 2840.93 (+48.20 ; +49.87 for the Mth ; -41.80 for the Yr)
|
Stock |
Period |
Mkt |
DPS cts |
Yield |
EPS cts |
PE |
Div Breakdown |
|
SGX |
FY15 (Jun) |
$7.620 |
28.00 |
3.675% |
32.60 |
23.37 |
Q1, Q2, Q3 4ct ; Q4 4ct +12ct |
|
SingPost |
FY16 (Mar) |
$1.470 |
7.00 |
4.762% |
10.86 |
13.54 |
Q1, Q2, Q3 1.5ct ; Q4 2.5ct |
|
SPH |
FY15 (Aug) |
$3.950 |
20.00 |
5.063% |
20.00 |
19.75 |
Interim 7ct ; Final 8ct + Special 5ct |
Aviation Services
|
Stock |
Period |
Mkt |
DPS cts |
Yield |
EPS cts |
PE |
Div Breakdown |
|
SATS |
FY16 (Mar) |
$4.110 |
15.00 |
3.650% |
19.90 |
20.65 |
Interim 5ct ; Final 10ct |
|
SIA Engineering |
FY16 (Mar) |
$3.680 |
14.00 |
3.804% |
15.74 |
23.38 |
Interim 6ct ; Final 8ct |
|
ST Engineering |
FY15 (Dec) |
$3.150 |
15.00 |
4.762% |
17.05 |
18.48 |
Interim 5ct ; Final 5ct + Special 5ct |
Transport
|
Stock |
Period |
Mkt |
DPS cts |
Yield |
EPS cts |
PE |
Div Breakdown |
|
SBSTransit |
FY15 (Dec) |
$2.410 |
2.70 |
1.120% |
5.41 |
44.55 |
Interim 1.65ctct ; Final 1.05ct |
|
ComfortDelGro |
FY15 (Dec) |
$2.750 |
9.00 |
3.273% |
14.07 |
19.55 |
Interim 4ct ; Final 5ct |
|
SMRT |
FY16 (Mar) |
$1.505 |
4.00 |
2.658% |
7.17 |
20.99 |
Interim 1.5ct ; Final 2.5ct |
TELCO
|
Stock |
Period |
Mkt |
DPS cts |
Yield |
EPS cts |
PE |
Div Breakdown |
|
SingTel |
FY16 (Mar) |
$4.130 |
17.50 |
4.237% |
24.29 |
17.00 |
Interim 6.8ct ; Final 10.7ct |
|
M1 |
FY15 (Dec) |
$2.730 |
15.30 |
5.604% |
19.10 |
14.29 |
Interim 7ct ; Final 8.3ct |
|
StarHub |
FY15 (Dec) |
$3.790 |
20.00 |
5.277% |
21.50 |
17.63 |
Q1 5ct ; Q2 5ct ; Q3 5ct ; Q4 5ct |
Banking & Finance
|
Stock |
Period |
Mkt |
NBV |
DPS |
Yield |
EPS |
PE |
Div Breakdown |
|
DBS |
Q116 (Mar) |
$15.76 |
$16.39 |
$0.60 |
3.807% |
$1.92 |
8.21 |
Interim 30ct ; Final 30ct |
|
FY15 (Dec) |
$15.82 |
$1.71 |
9.22 |
|||||
|
OCBC |
Q116 (Mar) |
$8.69 |
$8.20 |
$0.36 |
4.143% |
$0.82 |
10.57 |
Interim 18ct ; Final 18ct |
|
FY15 (Dec) |
$8.03 |
$0.95 |
9.13 |
|||||
|
UOB |
Q116 (Mar) |
$18.42 |
$18.22 |
$0.70 |
3.800% |
$1.84 |
10.01 |
Interim 35ct ; Special Anniversay 20ct ; Final 35ct |
|
FY15 (Dec) |
$17.84 |
$1.94 |
9.49 |
|||||
|
Hong Leong Fin |
Q116 (Mar) |
$2.25 |
$3.84 |
$0.11 |
4.889% |
$0.1311 |
17.16 |
Interim 4ct ; Final 7ct |
|
FY15 (Dec) |
$3.80 |
$0.1642 |
13.70 |
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 |
$1.630 |
A4.265 |
5.236% |
A$0.82 |
1H16 A4.265ct ; 2H16 A4.265ct |
* SPAus DPU in A$. Yield is Calculated Using Latest Exchange Rate (A$1 : S$1.0005) fm Yahoo
NOTES :
- Mkt Price is as on 30-Jun-16
- 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
- SingPost : Q416 (Mar) – 2.5ct ; Q316 (Dec15) – 1.5ct ; Q216 (Sep15) – 1.5ct ; : Q116 (Jun15) – 1.5ct
- StarHub : Q116 (Mar) – 5ct
- SMRT : 2H16 (Mar16) – Final 2.5ct ; 1H16 (Sep15) – Interim 1.5ct
- SGX : Q316 (Mar16) – 5ct ; Q216 (Dec15) – 5ct ; Q116 (Sep15) – 5ct ; Dividend Policy 5ct/Q or 80% of Annual NPAT, whichever is Higher
- SPH : 1H16 (Feb) – Interim 7ct
- SBSTransit : 2H15 (Dec) – 1.05ct ; 1H15 (Jun) – 1.65ct
- M1 : 2H15 (Dec) – Final 8.3ct ; 1H15 (Jun) – Interim 7ct
- ST Engg : 2H15 (Dec) – 5ct (Final) + 5ct (Special) ; 1H15 (Jun) – 5ct / Payout = 88% (Not Reduced to 75% altho’ guided in Annc During FY13 Results)
- HLFin : 1H15 (Jun) – 4ct ; 2H15 (Dec) – 7ct
- StarHub : FY16 Div Guidance – 5ct/Q
- ComfortDelgro 1H15 (Jun) – 4ct ; 2H15 (Dec) – 5ct
- 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
May 2016
Results Announcement
- 5 May 16 : Starhub (Q116) – EPS 5.4ct vs 4.3ct (Q115) ; FCF 5.2ct ; Div 5ct (No Change)
- 10 May 16 : SingPost (Q416) – EPS 4.36ct (due to Divestment Gains) vs 1.625ct (Q415) / 10.86ct (FY16) vs 6.849ct (FY15) ; Div = 2.5ct / 7ct (FY16) – same as FY15
- 10 May 16 : SIAEC (Q416) – EPS 3.69ct vs 3.69ct (Q415) / 15.74ct (FY16) vs 16.36ct (FY15) ; Div = 8ct vs 8.5ct (2H15) / 14ct (FY16) vs 14.5ct (FY15)
- 11 May 16 : SBSTransit (Q116) – EPS 2.61ct vs 1.54ct (Q115)
- 12 May 16 (AM) : AusNet (2H16) – Updated
- 12 May 16 (AM) : SingTel (Q416) – EPS 5.94ct vs 5.89ct (Q415) / 24.29ct (FY16) vs 23.73ct (FY15) ; Div 10.7ct / 17.5ct (FY16) – No Change
- 12 May 16 : ComfortDelgro (Q116) – EPS 3.41ct vs 3.16ct (Q115)
- 13 May 16 (AM) : STEng (Q116) – EPS 3.53ct vs 4.17ct (Q115)
- 23 May 16 (AM) : SATS (Q416) – EPS 4.6ct vs 4.7ct (Q415) / 19.9ct vs 17.5ct (FY15) ; Div 10ct vs 9ct (2H15) / 15ct vs 14ct (FY15)
STI = 2791.06 (-5.69, -47.46 for May)
|
Stock |
Period |
Mkt |
DPS cts |
Yield |
EPS cts |
PE |
Div Breakdown |
|
SGX |
FY15 (Jun) |
$7.750 |
28.00 |
3.613% |
32.60 |
23.77 |
Q1, Q2, Q3 4ct ; Q4 4ct +12ct |
|
SingPost |
FY16 (Mar) |
$1.600 |
7.00 |
4.375% |
10.86 |
14.73 |
Q1, Q2, Q3 1.5ct ; Q4 2.5ct |
|
SPH |
FY15 (Aug) |
$3.860 |
20.00 |
5.181% |
20.00 |
19.30 |
Interim 7ct ; Final 8ct + Special 5ct |
Aviation Services
|
Stock |
Period |
Mkt |
DPS cts |
Yield |
EPS cts |
PE |
Div Breakdown |
|
SATS |
FY16 (Mar) |
$4.160 |
15.00 |
3.606% |
19.90 |
20.90 |
Interim 5ct ; Final 10ct |
|
SIA Engineering |
FY16 (Mar) |
$3.790 |
14.00 |
3.694% |
15.74 |
24.08 |
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) |
$2.340 |
2.70 |
1.154% |
5.41 |
43.25 |
Interim 1.65ctct ; Final 1.05ct |
|
ComfortDelGro |
FY15 (Dec) |
$2.740 |
9.00 |
3.285% |
14.07 |
19.47 |
Interim 4ct ; Final 5ct |
|
SMRT |
FY16 (Mar) |
$1.530 |
4.00 |
2.614% |
7.17 |
21.34 |
Interim 1.5ct ; Final 2.5ct |
TELCO
|
Stock |
Period |
Mkt |
DPS cts |
Yield |
EPS cts |
PE |
Div Breakdown |
|
SingTel |
FY16 (Mar) |
$3.870 |
17.50 |
4.522% |
24.29 |
15.93 |
Interim 6.8ct ; Final 10.7ct |
|
M1 |
FY15 (Dec) |
$2.450 |
15.30 |
6.245% |
19.10 |
12.83 |
Interim 7ct ; Final 8.3ct |
|
StarHub |
FY15 (Dec) |
$3.530 |
20.00 |
5.666% |
21.50 |
16.42 |
Q1 5ct ; Q2 5ct ; Q3 5ct ; Q4 5ct |
Banking & Finance
|
Stock |
Period |
Mkt |
NBV |
DPS |
Yield |
EPS |
PE |
Div Breakdown |
|
DBS |
Q116 (Mar) |
$15.50 |
$16.39 |
$0.60 |
3.871% |
$1.92 |
8.07 |
Interim 30ct ; Final 30ct |
|
FY15 (Dec) |
$15.82 |
$1.71 |
9.06 |
|||||
|
OCBC |
Q116 (Mar) |
$8.62 |
$8.20 |
$0.36 |
4.176% |
$0.82 |
10.49 |
Interim 18ct ; Final 18ct |
|
FY15 (Dec) |
$8.03 |
$0.95 |
9.05 |
|||||
|
UOB |
Q116 (Mar) |
$18.22 |
$18.22 |
$0.70 |
3.842% |
$1.84 |
9.90 |
Interim 35ct ; Special Anniversay 20ct ; Final 35ct |
|
FY15 (Dec) |
$17.84 |
$1.94 |
9.39 |
|||||
|
Hong Leong Fin |
Q116 (Mar) |
$2.33 |
$3.84 |
$0.11 |
4.721% |
$0.1311 |
17.77 |
Interim 4ct ; Final 7ct |
|
FY15 (Dec) |
$3.80 |
$0.1642 |
14.19 |
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 |
$1.565 |
A4.265 |
5.446% |
A$0.82 |
1H16 A4.265ct ; 2H16 A4.265ct |
* SPAus DPU in A$. Yield is Calculated Using Latest Exchange Rate (A$1 : S$0.9992) fm Yahoo
NOTES :
- Mkt Price is as on 31-May-16
- 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
- SingPost : Q416 (Mar) – 2.5ct ; Q316 (Dec15) – 1.5ct ; Q216 (Sep15) – 1.5ct ; : Q116 (Jun15) – 1.5ct
- StarHub : Q116 (Mar) – 5ct
- SMRT : 2H16 (Mar16) – Final 2.5ct ; 1H16 (Sep15) – Interim 1.5ct
- SGX : Q316 (Mar16) – 5ct ; Q216 (Dec15) – 5ct ; Q116 (Sep15) – 5ct ; Dividend Policy 5ct/Q or 80% of Annual NPAT, whichever is Higher
- SPH : 1H16 (Feb) – Interim 7ct
- SBSTransit : 2H15 (Dec) – 1.05ct ; 1H15 (Jun) – 1.65ct
- M1 : 2H15 (Dec) – Final 8.3ct ; 1H15 (Jun) – Interim 7ct
- ST Engg : 2H15 (Dec) – 5ct (Final) + 5ct (Special) ; 1H15 (Jun) – 5ct / Payout = 88% (Not Reduced to 75% altho’ guided in Annc During FY13 Results)
- HLFin : 1H15 (Jun) – 4ct ; 2H15 (Dec) – 7ct
- StarHub : FY16 Div Guidance – 5ct/Q
- ComfortDelgro 1H15 (Jun) – 4ct ; 2H15 (Dec) – 5ct
- 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