Thursday, June 20, 2013

HAZE!!!!!!

The PSI over the last few days had exceeded 400!!!! This is at a hazardous level unseen before in our history. I was much more interested in the PSI level rather than the 350 points DOW crash yesterday. It is much worse than in 1997. The current condition will remain unabated till weeks and months. This is a fifteen year old problem and I am disappointed that we are so ill-prepared for. Do not want to lay blame but hope singaporeans stay chin up and fight till a better day to come.

I hope we will learn our lesson this time albeit via the VERY PAINFUL WAY.

Wednesday, May 8, 2013

SembCorp 1QFY2013

Revenue                       = $2,350M
Net Profit                     = $177M
EPS                             =  9.9 cents

Profit From Operations
Utilities                         = $145M
Marine                         = $148.5M
Urban Dev                   = $7.3M
Other Businesses          = $13.5M
Corporate                    = ($1.0M)
Total                            = $313.3M

NAV                            = 2.62
Interest Cover               = 10
ROE                             = 14.6%
Gearing Ratio                = 0.07
Free Cash Flow            = $353M

Tuesday, May 7, 2013

Wilmar 1QFY2013


ROE                                          = 9.1%
ROA                                          = 3.2%
Return On Invested Capital         = 5.9%
Return on Avg Capital Employed = 5.5%

EPS                                   = 4.9 cents (US cents)
NTA                                  = 160.1 cents (US cents)
NAV                                 = 229.8 cents (US cents)

Interest Coverage              = 23.6
Nett Debt/EBITDA           = 4.9
Nett Debt/Equity               = 0.8X
Adjusted Debt/Equity        =0.35X

Sunday, May 5, 2013

SingPost 4QFY201213

Revenue                                        = $182.5M
Underlying Net Profit                    = 26.8M
Operating Profit                            = $40.8M
Net Profit                                      = $30.6M

Mail  Revenue                             = $115.7M (Profit $34.0M)
Logistics Revenue                       = $75.9M (Profit $0.9M)
Retail Revenue                            = $18.2M (Profit $1.6M)
Others                                          = (Loss $4.275M )

Net Debt                                    = 0.8X
EBITDA/Interest                       = 17.2
Cash & Cash Equiv                   = $617.4M
EPS                                           = 1.183 cents
NAV                                         = 35.29 cents

Thursday, May 2, 2013

LMIR 1QFY2013

Results released on 2/5/2013.

Gross Revenue                                  = $39,371K
NPI                                                    =$37,260K
Distributable Amount                        = $19,619K
EPS                                                   = 0.86 cents
DPU                                                   = 0.89 cents
Total Assets                                       =$1,945,600K
Total Liabilities                                 =$704,900K
NAV                                                   = 56.54 cents
Gearing                                              = 24.3%

Saturday, April 27, 2013

SuntecReit 1QFY2013

DPU                                            =    2.228cts
Net Property Income                    =    $30,679,000
Income Available For Distribution =    $50,270,000

Total Assets  =   $7,878,000,000
Total Debts   =   $3,112,000,000
Net Assets     =  $4,644,000,000
EPS               = 1.416 cents (non-diluted)
NAV              = $2.058
Ajusted NAV = $2.035

Outstanding Debt     = $2,890,000,000
Debt-to-Asset Ratio = 36.1%
Interest Cover          = 3.5

Corporate Rating = "Baa2"
Average All-in Financing Cost  = 2.79%

AscendasIndiaTrust 4QFY2012/2013

DPU                                                      =  1.04 cents
Total Property Income                            =  $30,628,000
NPI                                                        = $16,687,000
Income Available For Dist                       = 1.15 cents
NAV                                                       = 0.67 cents
Interest Cover                                          = 4.2
Gearing                                                    = 22%
Percentage Fixed Rate Debt                     = 100%
Average Cost Of Debt                              = 6.0%
Debt Headroom (40% Gearing)                = $235m

Currently at S$1 to INR 43.9