AusNet Services (formerly: SP Ausnet)

[Drizzt]

kopikat good spot there. at least sp ausnet is gaining in ebidta! but i think Singtel is growing but margins are declining. it is still a acqusition of subscribe game.

[kichialo]

Hi Drizzt,
Gearing is one thing, this stock can give some good dividend but not very much in terms of growth. It's good to have good dividend and at least some growth at the same time. It's very difficult to find both dividend & growth at the same time in the same stock. If buying this stock, i think i would prefer buying Singtel.
It has had right issue in the past. At least once.

Hey we think alike. I sold and moved into Singtel which I then sold just last week. Looking to long Singtel pending what happens in the stock market the next few days.

[Temperament]

Hi Drizzt,
Gearing is one thing, this stock can give some good dividend but not very much in terms of growth. It's good to have good dividend and at least some growth at the same time. It's very difficult to find both dividend & growth at the same time in the same stock. If buying this stock, i think i would prefer buying Singtel.
It has had right issue in the past. At least once.

Hey we think alike. I sold and moved into Singtel which I then sold just last week. Looking to long Singtel pending what happens in the stock market the next few days.

My personal's take:-
Base on Singtel historical prices / dividend yields and "current reports", it seems that if you buy at below $3.0/shr or > , you will be O. K. from the short term to the longer term(maybe 1-5 years). i will buy @ $2.8 & <.
If you buy now, and the market nose-dives like a kaput fighter plane, relax & hold tight, you still shall have your Singtel's dividends-Most probably.
Cheers!

[money]

Hi Drizzt,
Gearing is one thing, this stock can give some good dividend but not very much in terms of growth. It's good to have good dividend and at least some growth at the same time. It's very difficult to find both dividend & growth at the same time in the same stock. If buying this stock, i think i would prefer buying Singtel.
It has had right issue in the past. At least once.

Hey we think alike. I sold and moved into Singtel which I then sold just last week. Looking to long Singtel pending what happens in the stock market the next few days.

Instead of buying this stock, i think it is safer to open a fixed deposit account in AUD, the yield should be almost the same or perhaps 1-2% less but a FD is almost risk free

[KopiKat]

Instead of buying this stock, i think it is safer to open a fixed deposit account in AUD, the yield should be almost the same or perhaps 1-2% less but a FD is almost risk free

1. A$ FD Interest Rate ~4% ; SPAusNet Net Dividend Yield ~7% @ $1.40 ie. ~3% difference
2. For A$ FD, we'd take on FOREX risk ie. A$ may weaken especially since MAS is allowing S$ to strengthen to counter inflation. Further, there's a bid-ask spread (0.5%?) that you've to 'suffer' everytime you do S$->A$->S$.

<Not Vested>

[KopiKat]

SPAusNet : 2H12 Results cum Fund Raising

Guidance for FY13 : DPU = A8.2ct (up from A8ct)
Dividend Breakdown for 2H12 : A4ct = A1.333ct (Franked) + A2.159ct (Interest - subject to 10% Tax to be deducted) + A0.508ct (Capital Returns)

Presentation

Financials

3-for-20 Rights @ S$1.25 (A$1)

[camelking]

SPAusNet : 2H12 Results cum Fund Raising

Guidance for FY13 : DPU = A8.2ct (up from A8ct)
Dividend Breakdown for 2H12 : A4ct = A1.333ct (Franked) + A2.159ct (Interest - subject to 10% Tax to be deducted) + A0.508ct (Capital Returns)

Presentation

Financials

3-for-20 Rights @ S$1.25 (A$1)

Time to sell...The FCF (Page 44 of audit report) can't support the distribution payout...
(Of course, they would say the investment in PPE is for growth)
So, they increase the distribution to attract more capital.

[Drizzt]

not sure but to me it looks ok!

[greengiraffe]

For the first time since listing, DPU guidance has been shifted to growth mode. This is very positive especially in the light of bleak economic environment down under.

Should one look at Telstra, Spark Infrastructure (SKI) - SPN's closest proxy, one can safely look forward to a re-rating for SPN.

http://asx.com.au/asx/statistics/display...d=01297652

Should one look at page 16 of the above presentation, there was mentioned that investors can look forward to fully franked dividend component of distribution for 2013 & 2014. Have to check more on these as SPN is a stapled securities under Australian accounting rules.

[camelking]

For the first time since listing, DPU guidance has been shifted to growth mode. This is very positive especially in the light of bleak economic environment down under.

Should one look at Telstra, Spark Infrastructure (SKI) - SPN's closest proxy, one can safely look forward to a re-rating for SPN.

http://asx.com.au/asx/statistics/display...d=01297652

Should one look at page 16 of the above presentation, there was mentioned that investors can look forward to fully franked dividend component of distribution for 2013 & 2014. Have to check more on these as SPN is a stapled securities under Australian accounting rules.