SingTel Q2FY2013

Revenue                                           = $4,572m
Underlying Profit                             = $886m
Singapore (EBITDA)                      = $541m
Optus(EBITDA)                              = $560m
Regional Mobile                              = $549m
Net Debt                                           = $8.2b
Net Gearing                                      = 26%
Net Debt/EBITDA+Assoc Profits    = 1.1x
EBITDA+Assoc Profits/Int Exp       = 23.2x
EPS                                                   = 5.45 cents
FCF                                                   = $1,102m

Note : Optus revenue declined by 4% to $2,239m

Sembcorp Q3FY2013

Revenue                       = $2,274M
Net Profit                     = $181M
EPS                             =  10.1 cents

Profit From Operations
Utilities                         = $155.2M
Marine                         = $138.6M
Urban Dev                   = $7.7M
Other Businesses          = $11.5M
Corporate                    = ($3.0M)
Total                            = $310.0M

NAV                            = 2.40
Interest Cover               = 11
ROE                             = 17.0%
Gearing Ratio                = 0.09
Free Cash Flow            = $244M (9MFY2012)

LMIR Q3FY2012

Results released on 9/11/2012.

Gross Revenue                                    = $30,553K
NPI                                                    =$29,521K
Distributable Amount                           =$15,848K
EPS                                                   =0.97 cents
DPU                                                   = 0.73 cents
Total Assets                                        =$1,752,584K
Total Liabilities                                    =$57,196K
NAV                                                   = 52.83cents
Gearing                                                = 22.7%

US Presidential Election 332 vs 206

I highlighted an article previously that argue analytically that the just concluded US Presidential Election will not be as close as what the frantic media painted. Looking at the end result of Obama trouncing Romney with a 332 to 206 advantage in electoral votes, the author is vindicated. Nate Silver uses a dispassionate methodology that goes through all the numbers meticulously. Beat the hell out of instinct and gut feel employe by a lot of journalists and writers.

I hope to likewise to evaluate my portfolio and future stock prospects using a similar approach by looking dispassionately at the numbers, quality of the management etc rather then depening on emotions, hearsay, market opinion etc.

SAT Q2FY12/13

Results released on 6/11/2012

Revenue                                    = $461.5m
Operating Profit                        = $52.1m
PATMI                                     = $50.3m
Underlying Profit From Ops     = $50.7M
Underlying Net Margin             = 11%
Debt-to-Equity                          = 0.12
EPS                                           = 4.5 cents
NAV                                         = $1.22
Cash & Cash Equiv                   = $325.1m
FCF (1HFY2012/2013)            = $78.1m

Key costs are Staff Costs ($195.1m) and Raw Materials (100.5m)

Article on US Presidential Election

A thoughtful article on the coverage of the US Presidential Elections.

http://www.economist.com/blogs/democracyinamerica/2012/11/presidential-race-0

Let validate this on the next few days. Hopefully it can help train the mind to be clear in front of all the noise made by the media ie is it really down to the wire?

StarHub- Shrinking Nett Debt/EBITDA Ratio

Notice that Starhub Nett Debt to Annualized EBITDA ratio shrinking over the last two years.

Q4FY2010 - 0.94X
Q2FY2011 - 0.71X
Q3FY2012 - 0.63X
Q2FY2012 - 0.55X
Q3FY2012 - 0.46X

This may explain StarHub elevated share price.