SingPost – BT
SingPost’s Q2 profit slides 2.5% to $39.5m
SINGAPORE Post saw net profit slide 2.5 per cent year on year to $39.5 million for its second quarter ended Sept 30, despite revenue rising 5.6 per cent to $137.6 million as its mail and logistics segments did better.
Excluding one-off items such as the amortisation of deferred gains on intellectual property rights and benefits from the Jobs Credit Scheme, underlying net profit was $36.5 million, up 3.2 per cent from Q2 last year. Earnings per share fell to 2.053 cents, from 2.104 cents previously.
As at Sept 30, SingPost’s total assets were $1.1 billion and its cash and cash equivalents were $335.7 million. Its net gearing ratio was 0.58 times. Total expenses rose 10.3 per cent in Q2 to $104.1 million, while operating profit was 0.1 per cent lower at $51.14 million.
For the first six months, net profit was almost flat at $80.17 million, while revenue rose 9.4 per cent to $275.83 million. Excluding one-off items, SingPost recorded an underlying net profit of $73.8 million, up 2.1 per cent from $72.3 million. ‘The group continues to face the challenges of operating in a changing postal landscape, as well as competitive and cost pressures in the business environment,’ SingPost said yesterday. ‘The group is seeking new growth opportunities to diversify and grow its businesses in Singapore and the Asia-Pacific region.’
SingPost said it is focusing on growing Quantium Solutions’ business beyond cross-border mail and expanding its core competencies into regional markets. The board has declared an interim dividend of 1.25 cents, payable Nov 30. SingPost shares rose two cents to close at $1.18 yesterday.
October 2010
Results Announcement
- 12 Oct 10 : SPH (Q410) – EPS 5ct (todate 31ct) ; Div 20ct (todate 27ct)
- 18 Oct 10 : M1 (Q310) – EPS 4.4ct (todate 13.3ct)
- 29 Oct 10 : SingPost (Q211) – EPS 2.053ct (todate 4.164ct) ; Div 1.25ct (todate 2.5ct)
- 29 Oct 10 : SMRT (Q211) – EPS 3ct (todate 5.5ct) ; Div 1.75ct
- 2 Nov 10 : SATS (Q211)
- 9 Nov 10 : StarHub (Q310)
- 9 Nov 10 : STEng (Q310)
- 11 Nov 10 : SBSTransit (Q310)
- 12 Nov 10 : ComfortDelgro (Q310)
STI = 3142.62 (+13.12)
|
Stock |
Period |
EPS cts |
DPS cts |
Mkt |
Yield |
PE |
Div Breakdown |
|
SPH |
FY10 (Aug) |
31 |
27 |
$4.15 |
6.506% |
13.39 |
Interim 7ct ; Final 9ct + 11ct (Special) |
|
SingPost |
FY10 (Mar) |
8.563 |
6.25 |
$1.18 |
5.297% |
13.78 |
Q1, Q2, Q3 1.25ct ; Q4 2.5ct |
|
STI ETF |
Jun-10 |
— |
3 |
$3.21 |
1.869% |
— |
Jun10 3ct ; Dec09 3ct |
|
SATS |
FY10 (Mar) |
16.7 |
13 |
$2.85 |
4.561% |
17.07 |
Final 8ct ; Interim 5ct |
|
ST Engg |
FY09 (Dec) |
14.78 |
13.3 |
$3.31 |
4.012% |
22.40 |
Final 4ct + 6.28ct (Special) ; Interim 3ct |
Transport
|
Stock |
Period |
EPS cts |
DPS cts |
Mkt |
Yield |
PE |
Div Breakdown |
|
SBSTransit |
FY09 (Dec) |
17.75 |
8.8 |
$1.85 |
4.757% |
10.42 |
Interim 4.5ct ; Final 4.3ct |
|
ComfortDelGro |
FY09 (Dec) |
10.52 |
5.3 |
$1.48 |
3.581% |
14.07 |
Interim 2.63ct ; Final 2.67ct |
|
SMRT |
FY10 (Mar) |
10.7 |
8.5 |
$2.05 |
4.146% |
19.16 |
Interim 1.75ct ; Final 6.75ct |
TELCO
|
Stock |
Period |
EPS cts |
DPS cts |
Mkt |
Yield |
PE |
Div Breakdown |
|
SingTel |
FY10 (Mar) |
24.55 |
14.2 |
$3.09 |
4.595% |
12.59 |
Interim 6.2ct ; Final 8ct |
|
M1 |
FY09 (Dec) |
16.8 |
13.4 |
$2.22 |
6.036% |
13.21 |
Interim 6.2ct ; Final 7.2ct |
|
StarHub |
FY09 (Dec) |
18.68 |
19 |
$2.65 |
7.170% |
14.19 |
Q1 4.5ct ; Q2 4.5ct ; Q3 5ct ; Q4 5ct |
Funds / Infrastructure
|
Stock |
Period |
DPS cts |
Mkt |
Yield |
NAV |
Div Breakdown |
|
SPAus |
2H10 (Mar-10) |
A4.0 (Gross) |
$1.180 |
8.552% |
A$0.94 |
2H10 A4.0ct ; 1H10 A4.0ct |
|
MIIF |
1H – Jun10 |
1.50 |
$0.565 |
5.310% |
$0.830 |
2H09 1.5ct ; 1H09 1.5ct |
* SPAus DPU in A$. Yield is Calculated Using Latest Exchange Rate (1.2614) fm Yahoo
NOTES :
- Mkt Price is as on 29-Oct-10
- SMRT : Q211 (Sep10) – Interim 1.75ct
- SingPost : Q211 (Sep10) – 1.25ct ; Q111 (Jun10) – 1.25ct
- SPH : 2H10 (Aug) – 20ct ; 1H10 (Feb) – 7ct
- SBSTransit : Q210 (Jun) – 4.5ct
- ComfortDelgro : Q210 (Jun) – 2.7ct
- MIIF : 1H10 (Jun) – 1.5ct
- StarHub : Q210 (Jun) – 5ct ; Q110 (Mar) – 5ct
- ST Engg : Q210 (Jun) – 3ct
- M1 : 1H10 (Jun) – Interim 6.3ct
- SingTel : 2H10 (Mar10) – Final 8ct ; 1H10 (Sep09) – Interim 6.2ct
- SPAus : 2H10 (Mar10) – A4ct (before tax) / A3.7739ct (after tax) ; 1H10 (Sep09) – A4ct (before tax) / A3.8113ct (after tax)
- SATSvcs : Q410 (Mar10) – Final 8ct ; Q210 (Sep09) – Interim 5ct
- StarHub : FY10 Div Policy 20ct ie. 5ct/Q
October 2010
Results Announcement
- 12 Oct 10 : SPH (Q410) – EPS 5ct (todate 31ct) ; Div 20ct (todate 27ct)
- 18 Oct 10 : M1 (Q310) – EPS 4.4ct (todate 13.3ct)
- 29 Oct 10 : SingPost (Q211) – EPS 2.053ct (todate 4.164ct) ; Div 1.25ct (todate 2.5ct)
- 29 Oct 10 : SMRT (Q211) – EPS 3ct (todate 5.5ct) ; Div 1.75ct
- 2 Nov 10 : SATS (Q211)
- 9 Nov 10 : StarHub (Q310)
- 9 Nov 10 : STEng (Q310)
- 11 Nov 10 : SBSTransit (Q310)
- 12 Nov 10 : ComfortDelgro (Q310)
STI = 3142.62 (+13.12)
|
Stock |
Period |
EPS cts |
DPS cts |
Mkt |
Yield |
PE |
Div Breakdown |
|
SPH |
FY10 (Aug) |
31 |
27 |
$4.15 |
6.506% |
13.39 |
Interim 7ct ; Final 9ct + 11ct (Special) |
|
SingPost |
FY10 (Mar) |
8.563 |
6.25 |
$1.18 |
5.297% |
13.78 |
Q1, Q2, Q3 1.25ct ; Q4 2.5ct |
|
STI ETF |
Jun-10 |
— |
3 |
$3.21 |
1.869% |
— |
Jun10 3ct ; Dec09 3ct |
|
SATS |
FY10 (Mar) |
16.7 |
13 |
$2.85 |
4.561% |
17.07 |
Final 8ct ; Interim 5ct |
|
ST Engg |
FY09 (Dec) |
14.78 |
13.3 |
$3.31 |
4.012% |
22.40 |
Final 4ct + 6.28ct (Special) ; Interim 3ct |
Transport
|
Stock |
Period |
EPS cts |
DPS cts |
Mkt |
Yield |
PE |
Div Breakdown |
|
SBSTransit |
FY09 (Dec) |
17.75 |
8.8 |
$1.85 |
4.757% |
10.42 |
Interim 4.5ct ; Final 4.3ct |
|
ComfortDelGro |
FY09 (Dec) |
10.52 |
5.3 |
$1.48 |
3.581% |
14.07 |
Interim 2.63ct ; Final 2.67ct |
|
SMRT |
FY10 (Mar) |
10.7 |
8.5 |
$2.05 |
4.146% |
19.16 |
Interim 1.75ct ; Final 6.75ct |
TELCO
|
Stock |
Period |
EPS cts |
DPS cts |
Mkt |
Yield |
PE |
Div Breakdown |
|
SingTel |
FY10 (Mar) |
24.55 |
14.2 |
$3.09 |
4.595% |
12.59 |
Interim 6.2ct ; Final 8ct |
|
M1 |
FY09 (Dec) |
16.8 |
13.4 |
$2.22 |
6.036% |
13.21 |
Interim 6.2ct ; Final 7.2ct |
|
StarHub |
FY09 (Dec) |
18.68 |
19 |
$2.65 |
7.170% |
14.19 |
Q1 4.5ct ; Q2 4.5ct ; Q3 5ct ; Q4 5ct |
Funds / Infrastructure
|
Stock |
Period |
DPS cts |
Mkt |
Yield |
NAV |
Div Breakdown |
|
SPAus |
2H10 (Mar-10) |
A4.0 (Gross) |
$1.180 |
8.552% |
A$0.94 |
2H10 A4.0ct ; 1H10 A4.0ct |
|
MIIF |
1H – Jun10 |
1.50 |
$0.565 |
5.310% |
$0.830 |
2H09 1.5ct ; 1H09 1.5ct |
* SPAus DPU in A$. Yield is Calculated Using Latest Exchange Rate (1.2614) fm Yahoo
NOTES :
- Mkt Price is as on 29-Oct-10
- SMRT : Q211 (Sep10) – Interim 1.75ct
- SingPost : Q211 (Sep10) – 1.25ct ; Q111 (Jun10) – 1.25ct
- SPH : 2H10 (Aug) – 20ct ; 1H10 (Feb) – 7ct
- SBSTransit : Q210 (Jun) – 4.5ct
- ComfortDelgro : Q210 (Jun) – 2.7ct
- MIIF : 1H10 (Jun) – 1.5ct
- StarHub : Q210 (Jun) – 5ct ; Q110 (Mar) – 5ct
- ST Engg : Q210 (Jun) – 3ct
- M1 : 1H10 (Jun) – Interim 6.3ct
- SingTel : 2H10 (Mar10) – Final 8ct ; 1H10 (Sep09) – Interim 6.2ct
- SPAus : 2H10 (Mar10) – A4ct (before tax) / A3.7739ct (after tax) ; 1H10 (Sep09) – A4ct (before tax) / A3.8113ct (after tax)
- SATSvcs : Q410 (Mar10) – Final 8ct ; Q210 (Sep09) – Interim 5ct
- StarHub : FY10 Div Policy 20ct ie. 5ct/Q
Thomson – SGX
PRIVATE INVESTOR PETER LIM MAKES GENERAL OFFER FOR THOMSON MEDICAL CENTRE LIMITED
Offer at $1.75 a share triggered by deal to buy Cheng family’s controlling stake Offer values Thomson Medical Centre at approximately $513 million
29 October 2010, Singapore – Sasteria Pte Ltd, an investment holding company controlled by private investor Peter Lim, today said it is making a mandatory conditional cash offer for SGX mainboard-listed Thomson Medical Centre Limited (Thomson Medical).
The mandatory conditional offer is triggered by a married deal between Sasteria and the largest shareholder and founder of Thomson Medical, Dr Cheng Wei Chen and his family. Under the deal, the latter sold their 39.34% stake in Thomson Medical to the former at the offer price of S$1.75 a share.
Under the Singapore Code on Takeovers and Mergers, the cash offer will be extended to the remaining issued shares and is conditional on Sasteria acquiring more than 50% of Thomson Medical.
The offer price of $1.75 represents a 62% premium over the last traded price of Thomson Medical, and values the company at approximately $513 million. It is also the highest share price the company has ever been valued at since it went public in 2005.
Mr Peter Lim said: “Thomson Medical is a leading healthcare service provider in Singapore for obstetrics, gynaecology and paediatric services. Given the growing population and affluence in the region, there will be increasing demand for private healthcare services. Singapore is a regional hub for such services and Thomson Medical is well-placed to tap on this demand. We believe it has potential to develop further as a regional healthcare company.”
Thomson – SGX
PRIVATE INVESTOR PETER LIM MAKES GENERAL OFFER FOR THOMSON MEDICAL CENTRE LIMITED
Offer at $1.75 a share triggered by deal to buy Cheng family’s controlling stake Offer values Thomson Medical Centre at approximately $513 million
29 October 2010, Singapore – Sasteria Pte Ltd, an investment holding company controlled by private investor Peter Lim, today said it is making a mandatory conditional cash offer for SGX mainboard-listed Thomson Medical Centre Limited (Thomson Medical).
The mandatory conditional offer is triggered by a married deal between Sasteria and the largest shareholder and founder of Thomson Medical, Dr Cheng Wei Chen and his family. Under the deal, the latter sold their 39.34% stake in Thomson Medical to the former at the offer price of S$1.75 a share.
Under the Singapore Code on Takeovers and Mergers, the cash offer will be extended to the remaining issued shares and is conditional on Sasteria acquiring more than 50% of Thomson Medical.
The offer price of $1.75 represents a 62% premium over the last traded price of Thomson Medical, and values the company at approximately $513 million. It is also the highest share price the company has ever been valued at since it went public in 2005.
Mr Peter Lim said: “Thomson Medical is a leading healthcare service provider in Singapore for obstetrics, gynaecology and paediatric services. Given the growing population and affluence in the region, there will be increasing demand for private healthcare services. Singapore is a regional hub for such services and Thomson Medical is well-placed to tap on this demand. We believe it has potential to develop further as a regional healthcare company.”