Sing Investments & Finance

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#15
(05-11-2014, 01:37 PM)sgpunter Wrote: The below is taken from their Annual Report. With interest rates having nowhere to go but up, I am quietly confident that there is much more upside potential to this stock vis-a-vis downside.

The potential 40 year special dividend payout and gross discount to NAV are added bonuses.  

Interest rate sensitivity analysis

A 100 basis point increase or decrease is used when reporting interest rate risk internally to key management personnel and represents management’s assessment of the reasonably possible change in interest rates. As at 31 December 2013, a 100 basis point increase/(decrease) in the interest rate at the end of the reporting period would increase/(decrease) profit by $845,000 (2012: increase/(decrease) profit by $1,078,000) and fair value reserves by $2,029,000 (2012: increase/(decrease) by $1,935,000) mainly a result of the changes in the fair value of available-for-sale fixed rate instruments.

Over the last one year, in terms of price appreciation, the appreciation is -4%.

Attached is the chart.

On the positive side, the dividend of 6 cents would have cushioned the loss.

Q3 results seem okay with an uptick in revenue.

Only provisions causing a loss, seems like a good time to buy in and reap the April dividend of 6 cents.

April 2015 - 6 cents
April 2014 - 5 cents
April 2013 - 5 cents
May 2012 - 10 cents
May 2011 - 10 cents

Caveat is that they do have rights issues in 2012 and 2007, so, does do capital calls


Attached Files Thumbnail(s)
   

.pdf   AnnouncementQ32015 Results.pdf (Size: 384.02 KB / Downloads: 3)
Disclaimer :-

I am not an investment professional.

I encourage you to do your own independent "due diligence" on any idea that I write about, because I could be and probably am wrong.

Nothing written here is an invitation to buy or sell any particular stock.

At most, I am handing out an educated guess as to what the markets may do.

The market will always find a new way to make a fool out of me (and maybe, even you!).

Even the best strategies of the past fail, sometimes spectacularly, when you least expect it.

I am not immune to that, so please understand that any past success of mine will probably be followed by failures
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Messages In This Thread
Sing Investments & Finance - by freedom - 20-09-2012, 01:48 PM
RE: Sing Investments & Finance - by freedom - 20-09-2012, 04:06 PM
RE: Sing Investments & Finance - by pianist - 20-09-2012, 11:05 PM
RE: Sing Investments & Finance - by portuser - 21-09-2012, 06:37 AM
RE: Sing Investments & Finance - by tanlui - 22-10-2012, 07:34 PM
RE: Sing Investments & Finance - by a74henry - 14-03-2013, 10:42 PM
RE: Sing Investments & Finance - by sgpunter - 31-10-2014, 12:39 PM
Sing Investments & Finance - by opmi - 31-10-2014, 01:00 PM
RE: Sing Investments & Finance - by sgpunter - 31-10-2014, 01:39 PM
RE: Sing Investments & Finance - by InvestArk - 31-10-2014, 10:01 PM
RE: Sing Investments & Finance - by butcher - 31-10-2014, 05:57 PM
RE: Sing Investments & Finance - by InvestArk - 05-11-2014, 09:51 AM
RE: Sing Investments & Finance - by sgpunter - 05-11-2014, 01:37 PM
RE: Sing Investments & Finance - by Shrivathsa - 04-11-2015, 10:57 AM
RE: Sing Investments & Finance - by butcher - 04-04-2016, 12:07 PM
RE: Sing Investments & Finance - by CY09 - 04-04-2016, 12:36 PM
RE: Sing Investments & Finance - by money - 04-04-2016, 04:06 PM
RE: Sing Investments & Finance - by butcher - 04-04-2016, 11:07 PM
RE: Sing Investments & Finance - by weijian - 21-03-2024, 10:53 AM
RE: Sing Investments & Finance - by ghchua - 21-03-2024, 05:07 PM
RE: Sing Investments & Finance - by CY09 - 21-03-2024, 11:03 AM
RE: Sing Investments & Finance - by weijian - 21-03-2024, 11:26 AM
RE: Sing Investments & Finance - by CY09 - 21-03-2024, 01:03 PM
RE: Sing Investments & Finance - by ghchua - 31-03-2024, 01:24 PM
RE: Sing Investments & Finance - by weijian - 02-04-2024, 10:58 AM
RE: Sing Investments & Finance - by CY09 - 31-03-2024, 01:32 PM
RE: Sing Investments & Finance - by ghchua - 31-03-2024, 01:47 PM
RE: Sing Investments & Finance - by CY09 - 31-03-2024, 02:14 PM
RE: Sing Investments & Finance - by ghchua - 31-03-2024, 03:18 PM
RE: Sing Investments & Finance - by LionFlyer - 31-03-2024, 10:03 PM
RE: Sing Investments & Finance - by weijian - 18-05-2024, 11:02 AM
RE: Sing Investments & Finance - by ghchua - 31-03-2024, 11:21 PM
RE: Sing Investments & Finance - by LionFlyer - 01-04-2024, 06:58 PM
RE: Sing Investments & Finance - by Big Toe - 02-04-2024, 10:27 AM
RE: Sing Investments & Finance - by ghchua - 02-04-2024, 01:18 PM
RE: Sing Investments & Finance - by weijian - 02-04-2024, 01:57 PM
RE: Sing Investments & Finance - by ghchua - 02-04-2024, 03:50 PM

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