My 4 Key Positions for 2018 and Their Expected Outlook
$ThaiBev(Y92.SI)

With the recent acquisition of Sabeco, gearing would shoot up from 30% to 120%
This looks similar to their strategy with the FNN buyout half a decade ago

The new entity will be restructured and cash flow is milked to pay off the debt in the years to come.

As 2017 earnings was weak due to the thai king mourning, 2018 should show explosive grown in
sales and revenues.. however with the much increased leverage the debt cost, this could drag down the reported earnings... 2018 earnings may end up flattish or inching up a bit.
I believe dividend payout would continue its uptrend.

over the longer run I expect 3% yield along with 5-10% earnings growth in the decade to come, if everything goes well... by 2020 we could see their vision of becoming an international beverage player come true.

$SingTel(Z74.SI)

4th telco will be coming into play sending price war to its climax, however the digital business is showing signs of a turnaround and management has guided for single digit ebita growths for the overall biz.

With a mix of positives and negatives I think reported earnings would remain flattish for 2018.
I expect their over decade long dividend track record to be maintained.. really nothing exciting... just here for the 5% yield
https://www.singtel.com/about-Us/investor-...

$ComfortDelGro(C52.SI)

With the acquisition of LCR and integration with Uber, cost is likely to shoot up and be a drag in 2018 earnings... I expect earnings to remain weak but should bottom out in the 1st half of 2018.
After which I expect a conservative long term earnings growth of 3% mainly coming from the rail and bus segment.

A slow grower with a 5% yield, also nothing much to be excited about.

$Sheng Siong(OV8.SI)

They currently have 43 stores in singapore with an ultimate target of 50 stores for the long term. I expect SS to reach 50 stores by end of 2019, after which they would need their china expansion to do well to continue seeing earnings growth... the china segment is challenging and could be riskier but very rewarding.

2017 was a disappointment to some investors as dividends was slightly reduced and the stock price remained stagnant, I saw this as an opportunity as I believe retaining more cash for expansion is more positive for its long term growth.

4% yield with a 5-10% earnings growth expected in the next 2 years, I am pretty excited with this position. Will take a deeper look at the company again after 2019 to see if they have matured or if they are able to expand beyond singapore to become an international player.

Cheers

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RetiredYoungMan

nomura report on $ThaiBev(Y92.SI)
A very detailed read on the new deals and whats ahead for 2018 to 2020
a must read for all those vested or wanting to vest
cheers

Dynamicinvesting

Reply to @RetiredYoungMan : Thanks.
How did you get this ?

RetiredYoungMan

STI like touching 3600 level soon omg omg omg

RetiredYoungMan

singtel seems forever stuck at 3.60 port lol, even bull market cannot move

RetiredYoungMan

no 2.50 no take profits ^_^

RetiredYoungMan

CDG dividends should be at least 10 cents
so at 4% yield level we should expect a TP of 2.50 at least

garch

Reply to @RetiredOldMan : Thank you. This reminded me not to have itchy fingers

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RetiredYoungMan

ST SS TB I still feel the price havent run up yet

RetiredYoungMan

if CDG goes to 2.40 or 2.50 level I might sell 5,000 and keep 15,000 for long term cheers

RetiredYoungMan

CDG huat liao la, vested 20,000 shares ^_^
average cost near 2.00 level

Snorlax

Reply to @RetiredOldMan : If can’t go, at least collect divvy, provided divvy dun tio slash. Yield of 5+% is worth to buy considering the FA.

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RetiredYoungMan

added more $ThaiBev(Y92.SI) and $Sheng Siong(OV8.SI) today
70,000 and 60,000 total now
target 80,000 by year end if can

CoryLogics

CDG earning depends highly on Oil Price. Now more than 60 ...

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Recommended & Related Posts

Come share your shopping list for this bear market

$SingTel(Z74.SI) 2.80 for 6% yield
$DBS(D05.SI) 24.00 for 5% yield
$ComfortDelGro(C52.SI) 2.00 for 5% yield

$Frasers Cpt Tr(J69U.SI) 2.00 for 6% yield
$Frasers L&I Tr(BUOU.SI) 0.90 for 7% yield

No cheap no buy ^_^

Cheers

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Come share your shopping list for this bear market

$SingTel(Z74.SI) 2.80 for 6% yield
$DBS(D05.SI) 24.00 for 5% yield
$ComfortDelGro(C52.SI) 2.00 for 5% yield

$Frasers Cpt Tr(J69U.SI) 2.00 for 6% yield
$Frasers L&I Tr(BUOU.SI) 0.90 for 7% yield

No cheap no buy ^_^

Cheers

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$ThaiBev(Y92.SI) super buy up at closing to 81.5!!!
Power of world cup!!
Huat till teeth drop sia!!!
Huat ahhh

Vested 150,000 share

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$ThaiBev(Y92.SI)

Healthy close at 80 level today
Looks like the worst of the sell down is over
As TB has recovered from 75 to 80 level
Low ballers failed to get at 65 and missed the boat as they were paralyzed by their own fears
Lets enjoy the coming world cup matches,
Eat more peanuts and drink more beer
Huat ah!

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$ThaiBev(Y92.SI) at 79 now
Once 80 or higher should be boat had left port
Huat ah !

Vested 150,000 shares ^_^

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