Vested in Singtel and CDG recently comprising close to 30 pct of portfolio....watching Thaibev.
Singtel - wont lose sleep over it.. in for dividend
CDG - Keeping close eye on earnings and dividends sustainability. Dividend sustainability is quite critical to me on CDG. Quietly confident but difficult to predict when earnings bottom out and if to add more to average down should price action deteriorate.
Thaibev - wait till sentiments over recent acquisition settle down
Sheng Siong- not dived into it yet. I like the staple biz but wonder if online grocery shopping will take over at some point. It has already happened in China..,
Reply to @RetiredOldMan : I think TB has paid a huge premium for acquiring SABCo and it will take at least a year or two before positive effects are seen :)
@SS- Growth rate is decelerating
CDG earning depends highly on Oil Price. Now more than 60 ...
Vested in Singtel and CDG recently comprising close to 30 pct of portfolio....watching Thaibev.
Singtel - wont lose sleep over it.. in for dividend
CDG - Keeping close eye on earnings and dividends sustainability. Dividend sustainability is quite critical to me on CDG. Quietly confident but difficult to predict when earnings bottom out and if to add more to average down should price action deteriorate.
Thaibev - wait till sentiments over recent acquisition settle down
Sheng Siong- not dived into it yet. I like the staple biz but wonder if online grocery shopping will take over at some point. It has already happened in China..,
I am positive on Singtel, negative on the other three!
Reply to @RetiredOldMan : I think TB has paid a huge premium for acquiring SABCo and it will take at least a year or two before positive effects are seen :)
@SS- Growth rate is decelerating