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(14-05-2012, 06:23 PM)KopiKat Wrote: (14-05-2012, 04:47 PM)Temperament Wrote: Hi, will you do a cd/xd on this counter too? Sold 5 lots @$2.55 before CD. Balance 5 lots. Alamak "forced" myself to buy back 5 lots@$2.60 today, because of Dividend@21cents. That's the problem with not holding.(HA! HA! Backview Driver speaking)
Unfortunately, I wasn't vested. It was in my calendar (went to check when I was surprised by their results announcement this AM) but somehow, I missed it. Must have been too engrossed posting in this forum, Haha...
Next time, I better incorporate an Alarm + Reminder...
(14-05-2012, 04:58 PM)violinist Wrote: It's good to be your broker.
Don't begrudge your broker of their livelihood lah...
I ever calculated that with mostly internet usage and a 0.28% charges, even if you managed to give them a $1Mil turnover p.a. (say, $500k Buy + $500k Sell, cumulative), it's only $2,800. For the poor remisier who's handling your account, his cut is perhaps 50:50 at best (?) ie. $1,400. Don't just imagine that they're earning your $$ so easily, they have to bear the risk of any default! So, imagine if you don't even trade $1Mil turnover p.a., your remisier is earning real peanuts... How to feed their family?? Not all remisiers are Peter Lim...
Ya hoh! But i actually like the freedom of doing my own things. Before that i used a few real brokers but i found it was very inconvenience and slow. But i know some still prefer to to use real brokers. Ya i agree it is getting more and more difficult for remisiers to make a living now.
WB:-
1) Rule # 1, do not lose money.
2) Rule # 2, refer to # 1.
3) Not until you can manage your emotions, you can manage your money.
Truism of Investments.
A) Buying a security is buying RISK not Return
B) You can control RISK (to a certain level, hopefully only.) But definitely not the outcome of the Return.
NB:-
My signature is meant for psychoing myself. No offence to anyone. i am trying not to lose money unnecessary anymore.
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WB:-
1) Rule # 1, do not lose money.
2) Rule # 2, refer to # 1.
3) Not until you can manage your emotions, you can manage your money.
Truism of Investments.
A) Buying a security is buying RISK not Return
B) You can control RISK (to a certain level, hopefully only.) But definitely not the outcome of the Return.
NB:-
My signature is meant for psychoing myself. No offence to anyone. i am trying not to lose money unnecessary anymore.
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The Straits Times
May 15, 2012
Turnover grows, but costs hit Sats' profits
Ground-handling firm sees profits slide about 11% to $170.9m
By Karamjit Kaur
MORE flights and passengers at Changi translated into more business for the airport's biggest ground-handling firm.
However, Sats also had to contend with higher costs and other challenges in the last financial year.
The result was a 10.7per cent year- on-year slide in net profits for the year to March 31 to $170.9million.
Sats reported yesterday that total turnover during the year grew 24.1per cent to $1.69billion but spending rose a higher 27.6per cent to $1.52billion.
Some of this increase was due to the need to hire more staff for its Singapore business, as well as its Hong Kong subsidiary, said president and chief executive officer Tan Chuan Lye.
At Changi, the firm's wholly owned unit, Asia-Pacific Star, which handles mainly low-cost carriers, expanded headcount on the back of brisk business in the budget sector.
Sats handles Tiger Airways and Jetstar, two of the three biggest low-cost carriers here. The third is AirAsia.
Recently, Sats also bagged the contract for Scoot, Singapore Airlines' new budget carrier which will start operating next month.
With traffic at Changi Airport, especially in the regional market, expected to continue to grow strongly this year, Sats is looking forward to growth opportunities in this sector, Mr Tan said. It controls 75 per cent to 80 per cent of Changi's ground-handling market, with Dnata handling the remainder.
In June last year, Changi Airport Group awarded a third licence to United States-based Aircraft Service International Group (Asig), but the firm has yet to secure a client. Industry watchers do not expect Asig to affect Sats' business in the next few years.
Overall, the aviation business accounted for 84 per cent of Sats' total revenue in the year to March 31, compared with 80 per cent in 2010/2011.
Outside aviation, the firm, which also owns Singapore Food Industries, recently inked a deal with PricewaterhouseCoopers to run its in-house cafe and catering at company events.
Sats has also ventured into the cruise business. In December, it was awarded a 10-year contract by the Singapore Tourism Board to run the new International Cruise Terminal, to be run jointly with Spanish partner, Creuers del Port de Barcelona.
The $500 million terminal at Marina South is expecting its first vessel in the coming months. Sats does not expect the venture to be profitable in its first year but is confident of its medium- to long-term prospects.
In the fourth quarter, net profits were flat at $50.1million on an 8per cent rise in revenue to $433million.
The firm will pay shareholders a final dividend of six cents a share and another 15 cents in special dividend.
Including an interim dividend of five cents, the total payout will be 26 cents, up from 17 cents a year ago.
Full-year earnings per share of 16.3 cents were unchanged from a year earlier, while net asset value per share was $1.36, a slight drop from $1.37.
karam@sph.com.sg
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The effort to turn around TFK is starting to see result. TFK has recorded 4 consecutive quarters of steady recovery, and recorded $0.5M of profit in its Q4 results. This is small but encouraging. With more people now once again more willing to visit Japan (one of my colleagues is now on holiday in Japan, and she says her this tour group size is very big, like more than 30 pax), I believe TFK will shows meaningful contribution to SATS performance in the next FY.
Meanwhile, I will just sit tight and wait for the 21c dividends
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I went back to look at my figures again to try to understand why I 'forgot' to buy some,
For the 1st 3Qs, eanings had been lower vs last year. At the same time, Share Price had stayed strong >$2.40 for the past few mths. I was also not expecting another Special Div, so soon after last years' Special. In that case, the PE seems high (17+) and the Yield seems low (4%+), that's why I must have decided to give it a miss.
*Post-Mortem*
The Cash in Q3 = $423M ought to have given me a clue that Special Div is highly possible (Q4 last year = $304M when they declared Special Div). I guess I must have been expecting them to use the excess cash 'wisely' for more acquisitions to support their declining EPS.
Q4 EPS was also a surprise as it rebounded back to be close to the previous year level. I'll have to remind myself to watch Q1 results closely + more detailed look at their different segments... Haiz.. so much homework, in case you think it's just a simple matter of just looking at the cd/xd with a simple fixed Price Band.. to do 'Trading'
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15-05-2012, 12:22 PM
(This post was last modified: 15-05-2012, 09:36 PM by Temperament.)
(15-05-2012, 10:54 AM)KopiKat Wrote: I went back to look at my figures again to try to understand why I 'forgot' to buy some,
For the 1st 3Qs, eanings had been lower vs last year. At the same time, Share Price had stayed strong >$2.40 for the past few mths. I was also not expecting another Special Div, so soon after last years' Special. In that case, the PE seems high (17+) and the Yield seems low (4%+), that's why I must have decided to give it a miss.
*Post-Mortem*
The Cash in Q3 = $423M ought to have given me a clue that Special Div is highly possible (Q4 last year = $304M when they declared Special Div). I guess I must have been expecting them to use the excess cash 'wisely' for more acquisitions to support their declining EPS.
Q4 EPS was also a surprise as it rebounded back to be close to the previous year level. I'll have to remind myself to watch Q1 results closely + more detailed look at their different segments... Haiz.. so much homework, in case you think it's just a simple matter of just looking at the cd/xd with a simple fixed Price Band.. to do 'Trading'
Understood! Understood! Remember i said i sold at $2.55 before cd and buy back at $2.6 after cd announcement. (i have said i am behaving like a Backview driver) HA! HA! In other words i am learning from all of the people here. Arikato!
And when i say i am a "Rojak Investor", it means i try to learn from every one-whether "good" or "bad". And i believe in CAVEAT EMPTOR in any undertaking by any one who is "smart enough" to blog here. Ha! Ha! Sorli, for saying, "By blogging here, i think i am smart enough." It definitely cannot be the other way round for people who don't blog here. In fact they may be more than smart enough to learn anything from here.
NB:
i know i am stupid enough that i have to keep on learning.
The more i learn, the more i know i don't know.
The more i know i don't know, the more i know i don't know.
The more i know i don't know, the more i know i am.
i know i am stupid enough that i have to keep on learning.
WB:-
1) Rule # 1, do not lose money.
2) Rule # 2, refer to # 1.
3) Not until you can manage your emotions, you can manage your money.
Truism of Investments.
A) Buying a security is buying RISK not Return
B) You can control RISK (to a certain level, hopefully only.) But definitely not the outcome of the Return.
NB:-
My signature is meant for psychoing myself. No offence to anyone. i am trying not to lose money unnecessary anymore.
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XD tomolo
Today i sold all my sats at 2.83.
Hope to buy back at <2.55 slowly if possible.
The thing about karma, It always comes around and bite you when you least expected.
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why r u in hurry to sell? did u attend the agm last week?
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(30-07-2012, 05:13 PM)WolfT Wrote: XD tomolo
Today i sold all my sats at 2.83.
Hope to buy back at <2.55 slowly if possible.
After you sell a stock at near the peak to 52 wk peak price, you usually can buy back at a lower price; even taking the dividend into account.
In this case 21 cents.
So after XD, the price should be around $2.60
It is matter of at what time the clock is and how "greedy" you are.
At times, i am quite greedy.
Then i usually will miss the boat.
For me it's O. K.
i will just wait for the next boat.
The problem is i won't know the next boat arrival time or schedule.
So wait long, long, you will have it, says the Toechew.
Just my 2 cents.
WB:-
1) Rule # 1, do not lose money.
2) Rule # 2, refer to # 1.
3) Not until you can manage your emotions, you can manage your money.
Truism of Investments.
A) Buying a security is buying RISK not Return
B) You can control RISK (to a certain level, hopefully only.) But definitely not the outcome of the Return.
NB:-
My signature is meant for psychoing myself. No offence to anyone. i am trying not to lose money unnecessary anymore.
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Hi Pianist
I did not attend the AGM.
Anything I missed?
Hi Temperament
I have already reach my selling target price then sell. Realize profit.
Set a buying price then slowly buy back...note that the buying price can be higher than previous selling price.
The key word here is slowly...
The thing about karma, It always comes around and bite you when you least expected.
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