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OO_898
05-26
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Singtel Reports a Higher Net Profit and Raises its Final Dividend: 5 Highlights from the Telco’s FY2023 Earnings
OO_898
05-23
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Singapore Airlines Stock Corrects After 5 Consecutive Days of Gains
OO_898
05-19
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2 Stocks Down More Than 50% to Buy Right Now
OO_898
05-19
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Singapore Bourse May Reclaim 3,200-Point Level
OO_898
05-18
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These 4 Singapore Stocks Are Hitting 52-Week Highs: Can Their Run Continue?
OO_898
05-16
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2 Top Dividend Stocks You Can Buy and Hold Forever
OO_898
05-16
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Top Calls on Wall Street: Alphabet, Meta, Apple, SoFi, Exxon Mobil and More
OO_898
05-12
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2 Warren Buffett Stocks to Buy Hand Over Fist in May
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05-11
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UOB’s Acquisition of Citi’s Consumer Banking Businesses in Malaysia, Thailand, Vietnam Brings Customers to Over 7 Mil
OO_898
05-10
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CPI Preview: Inflation Expected to Remain Elevated in April As Rate Hike Risks Loom
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05-09
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Apple Sells $5.25 Billion in Five-Part Dollar Bond Sale
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05-07
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Buffett Says Apple Is Berkshire Portfolio's Best Business
#Focus on Berkshire’s Annual Meeting
OO_898
05-05
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Sheng Siong’s Gross Margin Continues to Climb: 5 Highlights from the Retailer’s Latest Earnings
OO_898
04-27
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4 Singapore REITs Are Hitting Fresh 52-Week Lows: Are They a Bargain?
OO_898
04-27
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CGS-CIMB Positive on Yangzijiang As US$3 Bil Order Target for FY2023 Looks in Sight
OO_898
04-27
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Singapore Lender UOB's Q1 Core Profit Leaps 74% to Record $1.2 Bln
OO_898
04-25
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DBS Downgrades OCBC and UOB to "Hold" As It Sees "Limited Catalysts for Now"
OO_898
04-24
Great [开心] [强]
4 Singapore Blue-Chip Stocks Yielding More Than Your CPF Ordinary Account
OO_898
04-21
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4 U.S. Growth Stocks Whose Share Prices Can Continue Climbing
OO_898
04-19
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Apple CEO Meets India PM Modi, Commits to Growth and Investment
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","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/m/post/9979000567","repostId":"2338499631","repostType":2,"repost":{"id":"2338499631","pubTimestamp":1685069710,"share":"https://www.laohu8.com/m/news/2338499631?lang=&edition=full","pubTime":"2023-05-26 10:55","market":"sg","language":"en","title":"Singtel Reports a Higher Net Profit and Raises its Final Dividend: 5 Highlights from the Telco’s FY2023 Earnings","url":"https://stock-news.laohu8.com/highlight/detail?id=2338499631","media":"The Smart Investor","summary":"The telco presented a commendable set of earnings even as it gears up for further recovery in the current fiscal year.","content":"<html><head></head><body><p>The telco presented a commendable set of earnings even as it gears up for further recovery in the current fiscal year.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0e1c946ea89aea1fb1b13ab152c76a52\" alt=\"Image Credit: Singtel\" title=\"Image Credit: Singtel\" tg-width=\"790\" tg-height=\"526\"/><span>Image Credit: Singtel</span></p><p><strong>Singtel</strong> (SGX: Z74) is one of the last few blue-chip stocks to report its earnings.</p><p>Fortunately, the telco did not disappoint.</p><p>For its fiscal 2023 (FY2023) ending 31 March 2023, Singtel pulled off a commendable performance as both underlying revenue and net profit improved.</p><p>A recovery in roaming revenues along with higher 5G take-up rates helped the group to report a better FY2023 even though the fiscal year started on a rocky footing.</p><p>Here are five highlights from Singtel’s latest earnings that investors should take note of.</p><h2>1. A better financial performance</h2><p>Singtel saw its operating revenue dip by 1.7% year on year to S$14.6 billion but this figure included Optus’ NBN migration revenue and contributions from Amobee, which was divested earlier during FY2023.</p><p>Excluding these items, Singtel’s underlying revenue would have risen by 1.9% year on year instead.</p><p>Operating profit rose 6.9% year on year to S$3.4 billion while net profit climbed 14.2% year on year to S$2.2 billion.</p><p>Excluding exceptional items, the telco’s underlying net profit would have risen by 6.8% year on year to S$2.1 billion.</p><p>The better performance was because of robust mobile growth accompanied by price increases as international travel boomed, boosting roaming revenue.</p><p>In addition, 5G adoption also increased, growing from 480,000 in FY2022 to 760,000 in FY2023.</p><p>Higher demand for ICT services also played a role in helping to lift Singtel’s fortunes, and the telco managed to generate a positive free cash flow of S$2.5 billion for the fiscal year.</p><p>For FY2023, Singtel has parked S$1.37 billion into Singapore Treasury Bills to earn a better yield on its cash.</p><h2>2. Stronger Singapore consumer numbers</h2><p>For the Singapore consumer division, it saw an 11% year on year increase in mobile service revenue to S$1.26 billion.</p><p>Postpaid roaming revenue more than tripled year on year as travel demand surged.</p><p>Prepaid revenue also improved with more inbound tourists and foreign workers flocking back to Singapore</p><p>As a result, operating profit for the division climbed 18% year on year to S$331 million.</p><p>The number of mobile customers has increased by 4.4% year on year from 4.13 million to 4.31 million.</p><p>However, management estimates that Singtel’s market share has fallen from 48% to 45.6% over the same period.</p><p>The good news is that the average revenue per user (ARPU) improved by 9.7% year on year to S$26 on a blended basis.</p><p>Data usage also continued its upward climb, rising by 16% year on year to 9 GB.</p><h2>3. Improved broadband performance offset by weaker Pay TV</h2><p>Over at the Fixed Broadband division, revenue for FY2023 inched up 2.2% year on year to S$492 million as Singtel increased the number of fixed broadband lines from 658,000 a year ago to 668,000.</p><p>Despite the increase, the Infocomm Media Development Authority (IMDA) published statistics that showed a slight decline in broadband market share from 43.2% to 43.1%.</p><p>As for the Pay TV division, revenue continued its downward trend, falling by 22.2% year on year to S$153 million.</p><p>The number of residential TV customers fell by 9.7% year on year to 322,000 while ARPU for the division declined by 14% year on year to S$34.</p><h2>4. NCS weighed down by acquisitions and investments</h2><p>Singtel’s NCS division reported a mixed set of numbers.</p><p>Revenue improved by 16% year on year to S$2.7 billion as the group expanded its enterprise business and enjoyed contributions from new acquisitions.</p><p>Operating profit, however, plunged by 35% year on year to S$139 million as the division spent on digital investments and paid out higher wages in line with inflation.</p><p>Despite the weaker profit, the division reported bookings of S$3.2 billion which should set up a strong foundation for a better FY2024.</p><h2>5. A higher overall dividend</h2><p>Singtel declared a final dividend of S$0.053, slightly higher than the prior year’s final dividend of S$0.048.</p><p>Together with the interim dividend of S$0.046, the total core dividend declared for FY2023 comes up to S$0.099, higher than FY2022’s S$0.093.</p><p>The telco had also declared a special dividend of S$0.05 arising from the group’s asset recycling initiatives during its fiscal 2023’s first-half earnings announcement.</p><p>Note that the first tranche of this special dividend of S$0.025 was already paid out along with the interim dividend.</p><p>Hence, Singtel will pay out the remaining S$0.025 along with the final dividend of S$0.053, bringing the total dividend payable this round to S$0.078.</p><p>Combining all these dividends, FY2023’s total dividend comes in at S$0.149, 60% higher than FY2022’s total dividends of S$0.093.</p><h2>Get Smart: Setting goals for FY2024</h2><p>Singtel has set its priorities for FY2024 as it continues with its strategic reset.</p><p>It will work on integrating consumer and enterprise businesses to drive growth while scaling its various growth engines to expand its market share.</p><p>The telco is targeting to achieve a low double-digit return on invested capital (ROIC) in the medium term, though it did not give a specific timeline.</p><p>FY2023’s ROIC came in at 8.3% (excluding Optus’ goodwill), higher than the 7.3% reported in FY2022.</p></body></html>","source":"thesmartinvestor_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singtel Reports a Higher Net Profit and Raises its Final Dividend: 5 Highlights from the Telco’s FY2023 Earnings</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; 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color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingtel Reports a Higher Net Profit and Raises its Final Dividend: 5 Highlights from the Telco’s FY2023 Earnings\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-05-26 10:55 GMT+8 <a href=https://thesmartinvestor.com.sg/singtel-reports-a-higher-net-profit-and-raises-its-final-dividend-5-highlights-from-the-telcos-fy2023-earnings/><strong>The Smart Investor</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The telco presented a commendable set of earnings even as it gears up for further recovery in the current fiscal year.Image Credit: SingtelSingtel (SGX: Z74) is one of the last few blue-chip stocks to...</p>\n\n<a href=\"https://thesmartinvestor.com.sg/singtel-reports-a-higher-net-profit-and-raises-its-final-dividend-5-highlights-from-the-telcos-fy2023-earnings/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"Z74.SI":"新电信"},"source_url":"https://thesmartinvestor.com.sg/singtel-reports-a-higher-net-profit-and-raises-its-final-dividend-5-highlights-from-the-telcos-fy2023-earnings/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2338499631","content_text":"The telco presented a commendable set of earnings even as it gears up for further recovery in the current fiscal year.Image Credit: SingtelSingtel (SGX: Z74) is one of the last few blue-chip stocks to report its earnings.Fortunately, the telco did not disappoint.For its fiscal 2023 (FY2023) ending 31 March 2023, Singtel pulled off a commendable performance as both underlying revenue and net profit improved.A recovery in roaming revenues along with higher 5G take-up rates helped the group to report a better FY2023 even though the fiscal year started on a rocky footing.Here are five highlights from Singtel’s latest earnings that investors should take note of.1. A better financial performanceSingtel saw its operating revenue dip by 1.7% year on year to S$14.6 billion but this figure included Optus’ NBN migration revenue and contributions from Amobee, which was divested earlier during FY2023.Excluding these items, Singtel’s underlying revenue would have risen by 1.9% year on year instead.Operating profit rose 6.9% year on year to S$3.4 billion while net profit climbed 14.2% year on year to S$2.2 billion.Excluding exceptional items, the telco’s underlying net profit would have risen by 6.8% year on year to S$2.1 billion.The better performance was because of robust mobile growth accompanied by price increases as international travel boomed, boosting roaming revenue.In addition, 5G adoption also increased, growing from 480,000 in FY2022 to 760,000 in FY2023.Higher demand for ICT services also played a role in helping to lift Singtel’s fortunes, and the telco managed to generate a positive free cash flow of S$2.5 billion for the fiscal year.For FY2023, Singtel has parked S$1.37 billion into Singapore Treasury Bills to earn a better yield on its cash.2. Stronger Singapore consumer numbersFor the Singapore consumer division, it saw an 11% year on year increase in mobile service revenue to S$1.26 billion.Postpaid roaming revenue more than tripled year on year as travel demand surged.Prepaid revenue also improved with more inbound tourists and foreign workers flocking back to SingaporeAs a result, operating profit for the division climbed 18% year on year to S$331 million.The number of mobile customers has increased by 4.4% year on year from 4.13 million to 4.31 million.However, management estimates that Singtel’s market share has fallen from 48% to 45.6% over the same period.The good news is that the average revenue per user (ARPU) improved by 9.7% year on year to S$26 on a blended basis.Data usage also continued its upward climb, rising by 16% year on year to 9 GB.3. Improved broadband performance offset by weaker Pay TVOver at the Fixed Broadband division, revenue for FY2023 inched up 2.2% year on year to S$492 million as Singtel increased the number of fixed broadband lines from 658,000 a year ago to 668,000.Despite the increase, the Infocomm Media Development Authority (IMDA) published statistics that showed a slight decline in broadband market share from 43.2% to 43.1%.As for the Pay TV division, revenue continued its downward trend, falling by 22.2% year on year to S$153 million.The number of residential TV customers fell by 9.7% year on year to 322,000 while ARPU for the division declined by 14% year on year to S$34.4. NCS weighed down by acquisitions and investmentsSingtel’s NCS division reported a mixed set of numbers.Revenue improved by 16% year on year to S$2.7 billion as the group expanded its enterprise business and enjoyed contributions from new acquisitions.Operating profit, however, plunged by 35% year on year to S$139 million as the division spent on digital investments and paid out higher wages in line with inflation.Despite the weaker profit, the division reported bookings of S$3.2 billion which should set up a strong foundation for a better FY2024.5. A higher overall dividendSingtel declared a final dividend of S$0.053, slightly higher than the prior year’s final dividend of S$0.048.Together with the interim dividend of S$0.046, the total core dividend declared for FY2023 comes up to S$0.099, higher than FY2022’s S$0.093.The telco had also declared a special dividend of S$0.05 arising from the group’s asset recycling initiatives during its fiscal 2023’s first-half earnings announcement.Note that the first tranche of this special dividend of S$0.025 was already paid out along with the interim dividend.Hence, Singtel will pay out the remaining S$0.025 along with the final dividend of S$0.053, bringing the total dividend payable this round to S$0.078.Combining all these dividends, FY2023’s total dividend comes in at S$0.149, 60% higher than FY2022’s total dividends of S$0.093.Get Smart: Setting goals for FY2024Singtel has set its priorities for FY2024 as it continues with its strategic reset.It will work on integrating consumer and enterprise businesses to drive growth while scaling its various growth engines to expand its market share.The telco is targeting to achieve a low double-digit return on invested capital (ROIC) in the medium term, though it did not give a specific timeline.FY2023’s ROIC came in at 8.3% (excluding Optus’ goodwill), higher than the 7.3% reported in FY2022.","news_type":1},"isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9970460416,"gmtCreate":1684829346836,"gmtModify":1684829350209,"author":{"id":"3582969710070724","authorId":"3582969710070724","name":"OO_898","avatar":"https://static.tigerbbs.com/9fb3c360d5d7711641a868a144192fc7","crmLevel":3,"crmLevelSwitch":0},"themes":[],"htmlText":"Like ","listText":"Like ","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/m/post/9970460416","repostId":"1193321102","repostType":2,"repost":{"id":"1193321102","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1684828850,"share":"https://www.laohu8.com/m/news/1193321102?lang=&edition=full","pubTime":"2023-05-23 16:00","market":"us","language":"en","title":"Singapore Airlines Stock Corrects After 5 Consecutive Days of Gains","url":"https://stock-news.laohu8.com/highlight/detail?id=1193321102","media":"Tiger Newspress","summary":"Singapore Airlines stock corrected 2% in Tuesday’s trading after 5 consecutive days of gains. The st","content":"<html><head></head><body><p>Singapore Airlines stock corrected 2% in Tuesday’s trading after 5 consecutive days of gains. The stock has surged 10% in the past 5 days.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1bab8c52e87694a50abf08ccfce0bfdf\" tg-width=\"560\" tg-height=\"240\"/></p><p>Strong demand and a continued recovery in the global aviation industry led Singapore Airlines’ (SIA) net profit to soar to S$1.2 billion for the second half ended March, reversing a loss of S$125.2 million in the corresponding year-ago period.</p><p style=\"text-align: start;\">The group’s H2 earnings were up 32.7 per cent, or S$303 million higher, compared with the first half ended September 2022.</p><p style=\"text-align: start;\">The stronger second-half bottom-line results helped the group post its highest full-year net profit in its 76-year history to S$2.2 billion for FY2022/23, versus a net loss of S$962 million in FY2021/22, the company said in a bourse filing on Tuesday (May 16). </p><p>SIA’s board has recommended a final dividend of S$0.28 per share. Including the interim dividend of S$0.10 per share, the total dividend payout for the fiscal year stands at S$0.38 per share. </p><p>Singapore Airlines Ltd. will pay staff a bonus of around eight months’ salary after posting a record annual profit.</p><p style=\"text-align: start;\">Eligible staff will be paid a profit-sharing bonus equivalent to 6.65 months’ pay, and a maximum of 1.5 months’ salary of ex-gratia bonus in recognition of their hard work and sacrifices during the pandemic, a spokesperson for the airline said. Senior management won’t receive that additional ex-gratia bonus.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore Airlines Stock Corrects After 5 Consecutive Days of Gains</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore Airlines Stock Corrects After 5 Consecutive Days of Gains\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2023-05-23 16:00</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Singapore Airlines stock corrected 2% in Tuesday’s trading after 5 consecutive days of gains. The stock has surged 10% in the past 5 days.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1bab8c52e87694a50abf08ccfce0bfdf\" tg-width=\"560\" tg-height=\"240\"/></p><p>Strong demand and a continued recovery in the global aviation industry led Singapore Airlines’ (SIA) net profit to soar to S$1.2 billion for the second half ended March, reversing a loss of S$125.2 million in the corresponding year-ago period.</p><p style=\"text-align: start;\">The group’s H2 earnings were up 32.7 per cent, or S$303 million higher, compared with the first half ended September 2022.</p><p style=\"text-align: start;\">The stronger second-half bottom-line results helped the group post its highest full-year net profit in its 76-year history to S$2.2 billion for FY2022/23, versus a net loss of S$962 million in FY2021/22, the company said in a bourse filing on Tuesday (May 16). </p><p>SIA’s board has recommended a final dividend of S$0.28 per share. Including the interim dividend of S$0.10 per share, the total dividend payout for the fiscal year stands at S$0.38 per share. </p><p>Singapore Airlines Ltd. will pay staff a bonus of around eight months’ salary after posting a record annual profit.</p><p style=\"text-align: start;\">Eligible staff will be paid a profit-sharing bonus equivalent to 6.65 months’ pay, and a maximum of 1.5 months’ salary of ex-gratia bonus in recognition of their hard work and sacrifices during the pandemic, a spokesperson for the airline said. Senior management won’t receive that additional ex-gratia bonus.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"C6L.SI":"新加坡航空公司"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1193321102","content_text":"Singapore Airlines stock corrected 2% in Tuesday’s trading after 5 consecutive days of gains. The stock has surged 10% in the past 5 days.Strong demand and a continued recovery in the global aviation industry led Singapore Airlines’ (SIA) net profit to soar to S$1.2 billion for the second half ended March, reversing a loss of S$125.2 million in the corresponding year-ago period.The group’s H2 earnings were up 32.7 per cent, or S$303 million higher, compared with the first half ended September 2022.The stronger second-half bottom-line results helped the group post its highest full-year net profit in its 76-year history to S$2.2 billion for FY2022/23, versus a net loss of S$962 million in FY2021/22, the company said in a bourse filing on Tuesday (May 16). SIA’s board has recommended a final dividend of S$0.28 per share. Including the interim dividend of S$0.10 per share, the total dividend payout for the fiscal year stands at S$0.38 per share. Singapore Airlines Ltd. will pay staff a bonus of around eight months’ salary after posting a record annual profit.Eligible staff will be paid a profit-sharing bonus equivalent to 6.65 months’ pay, and a maximum of 1.5 months’ salary of ex-gratia bonus in recognition of their hard work and sacrifices during the pandemic, a spokesperson for the airline said. Senior management won’t receive that additional ex-gratia bonus.","news_type":1},"isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9970295792,"gmtCreate":1684456701017,"gmtModify":1684456704388,"author":{"id":"3582969710070724","authorId":"3582969710070724","name":"OO_898","avatar":"https://static.tigerbbs.com/9fb3c360d5d7711641a868a144192fc7","crmLevel":3,"crmLevelSwitch":0},"themes":[],"htmlText":"Like ","listText":"Like ","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/m/post/9970295792","repostId":"2336058600","repostType":2,"repost":{"id":"2336058600","pubTimestamp":1684454472,"share":"https://www.laohu8.com/m/news/2336058600?lang=&edition=full","pubTime":"2023-05-19 08:01","market":"us","language":"en","title":"2 Stocks Down More Than 50% to Buy Right Now","url":"https://stock-news.laohu8.com/highlight/detail?id=2336058600","media":"Motley Fool","summary":"Netflix and Airbnb both look well-positioned for a recovery.","content":"<html><head></head><body><p>The bear market has been dragging on for a year and a half now, and while that may be discouraging, long-term investors know that a sell-off like the current one represents a buying opportunity.</p><p>Even as major benchmarks have bounced off their lows, a number of growth stocks are still down substantially from their previous highs. If you're looking to capitalize on the bear market, keep reading to see why <strong>Netflix</strong> and <strong>Airbnb</strong> are ripe for buying right now.</p><h2>Netflix's stock has rarely been cheaper</h2><p><strong>Parkev Tatevosian</strong> <strong>(Netflix):</strong> With Netflix stock down 53% off its highs, investors may not have an opportunity to buy it at such a discount again. The streaming pioneer faced a wave of competition, the likes of which it had never seen in the early parts of the pandemic. Demand for in-home entertainment has soared, so rivals thought it was the best time to roll out streaming services aggressively. Admittedly, the competition was damaging to Netflix, as competition usually is, but the intensity is now easing, making it an excellent time to consider buying Netflix stock.</p><p>Indeed, rivals rolled out streaming services at introductory prices to attract subscribers early on. However, the focus has shifted from subscriber growth to profitability, and the change in strategy is noticeable. Price increases, cost cuts, and smaller content budgets have become commonplace, making for better industry profitability. While Netflix's operating income fell from $6.2 billion in 2021 to $5.6 billion in 2022, it would not surprise me to see profits rise in 2023.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/34b0185b8f67d4743eafb864fa2bcbd8\" tg-width=\"720\" tg-height=\"433\"/></p><p>NFLX PE Ratio (Forward 1y) data by YCharts</p><p>Netflix has increased prices, cracked down on account sharing, and decreased content budget growth. To make the case for investing in Netflix more attractive, the stock is trading at a relatively cheap valuation. With the shares trading at a forward price-to-earnings ratio of 22, investors have an opportunity to buy Netflix stock at an attractive discount. </p><h2>A travel disruptor on sale</h2><p><strong>Jeremy Bowman (Airbnb):</strong> Airbnb has turned the travel industry upside down with its disruptive home-sharing marketplace, and the company continues to grow at a strong pace even as the reopening tailwinds in the travel industry seem to be fading. However, the stock has been volatile since its 2020 IPO and is now down 51% from its peak.</p><p>Investors sold Airbnb stock off earlier this month because they were displeased with its guidance for the second quarter, but a closer look shows that response looks short-sighted. Even as the company is lapping the travel boom that followed the peak of the omicron variant in Q1 of last year, it expects revenue to grow 12%-16% and sees flat adjusted EBITDA compared to the period a year ago due to an increase in sales and marketing spending.</p><p>While that might sound bad, investors should still see a solid increase in earnings per share. That's because the company is earning significant interest income thanks to its business model that allows it to hold customer funds in between bookings and stays. In the first quarter, the company earned $146 million in interest income, and that figure could be even higher in Q2. </p><p>Additionally, Airbnb just added a slew of new product updates that should help quell the complaints about the service and shows that the company still has a lot of potential to improve and expand its business. Among those new changes was the rollout of transparent pricing to all users, showing extra fees like cleaning up front so it's not a surprise at the end.</p><p>Airbnb also relaunched its private rooms product, now called Airbnb Rooms, putting an emphasis on its budget offering and its ability to connect guests with hosts. Over the long term, the company sees an opportunity to expand its marketplace beyond travel to adjacent and related activities and products.</p><p>As a home-sharing marketplace, Airbnb has a number of competitive advantages over traditional hotels. With travel demand expected to be strong over the coming years, it should continue to deliver steady growth.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>2 Stocks Down More Than 50% to Buy Right Now</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n2 Stocks Down More Than 50% to Buy Right Now\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-05-19 08:01 GMT+8 <a href=https://www.fool.com/investing/2023/05/18/2-stocks-down-more-than-50-to-buy-right-now/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The bear market has been dragging on for a year and a half now, and while that may be discouraging, long-term investors know that a sell-off like the current one represents a buying opportunity.Even ...</p>\n\n<a href=\"https://www.fool.com/investing/2023/05/18/2-stocks-down-more-than-50-to-buy-right-now/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ABNB":"爱彼迎","NFLX":"奈飞"},"source_url":"https://www.fool.com/investing/2023/05/18/2-stocks-down-more-than-50-to-buy-right-now/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2336058600","content_text":"The bear market has been dragging on for a year and a half now, and while that may be discouraging, long-term investors know that a sell-off like the current one represents a buying opportunity.Even as major benchmarks have bounced off their lows, a number of growth stocks are still down substantially from their previous highs. If you're looking to capitalize on the bear market, keep reading to see why Netflix and Airbnb are ripe for buying right now.Netflix's stock has rarely been cheaperParkev Tatevosian (Netflix): With Netflix stock down 53% off its highs, investors may not have an opportunity to buy it at such a discount again. The streaming pioneer faced a wave of competition, the likes of which it had never seen in the early parts of the pandemic. Demand for in-home entertainment has soared, so rivals thought it was the best time to roll out streaming services aggressively. Admittedly, the competition was damaging to Netflix, as competition usually is, but the intensity is now easing, making it an excellent time to consider buying Netflix stock.Indeed, rivals rolled out streaming services at introductory prices to attract subscribers early on. However, the focus has shifted from subscriber growth to profitability, and the change in strategy is noticeable. Price increases, cost cuts, and smaller content budgets have become commonplace, making for better industry profitability. While Netflix's operating income fell from $6.2 billion in 2021 to $5.6 billion in 2022, it would not surprise me to see profits rise in 2023.NFLX PE Ratio (Forward 1y) data by YChartsNetflix has increased prices, cracked down on account sharing, and decreased content budget growth. To make the case for investing in Netflix more attractive, the stock is trading at a relatively cheap valuation. With the shares trading at a forward price-to-earnings ratio of 22, investors have an opportunity to buy Netflix stock at an attractive discount. A travel disruptor on saleJeremy Bowman (Airbnb): Airbnb has turned the travel industry upside down with its disruptive home-sharing marketplace, and the company continues to grow at a strong pace even as the reopening tailwinds in the travel industry seem to be fading. However, the stock has been volatile since its 2020 IPO and is now down 51% from its peak.Investors sold Airbnb stock off earlier this month because they were displeased with its guidance for the second quarter, but a closer look shows that response looks short-sighted. Even as the company is lapping the travel boom that followed the peak of the omicron variant in Q1 of last year, it expects revenue to grow 12%-16% and sees flat adjusted EBITDA compared to the period a year ago due to an increase in sales and marketing spending.While that might sound bad, investors should still see a solid increase in earnings per share. That's because the company is earning significant interest income thanks to its business model that allows it to hold customer funds in between bookings and stays. In the first quarter, the company earned $146 million in interest income, and that figure could be even higher in Q2. Additionally, Airbnb just added a slew of new product updates that should help quell the complaints about the service and shows that the company still has a lot of potential to improve and expand its business. Among those new changes was the rollout of transparent pricing to all users, showing extra fees like cleaning up front so it's not a surprise at the end.Airbnb also relaunched its private rooms product, now called Airbnb Rooms, putting an emphasis on its budget offering and its ability to connect guests with hosts. Over the long term, the company sees an opportunity to expand its marketplace beyond travel to adjacent and related activities and products.As a home-sharing marketplace, Airbnb has a number of competitive advantages over traditional hotels. With travel demand expected to be strong over the coming years, it should continue to deliver steady growth.","news_type":1},"isVote":1,"tweetType":1,"viewCount":7,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9970295538,"gmtCreate":1684456541525,"gmtModify":1684456545284,"author":{"id":"3582969710070724","authorId":"3582969710070724","name":"OO_898","avatar":"https://static.tigerbbs.com/9fb3c360d5d7711641a868a144192fc7","crmLevel":3,"crmLevelSwitch":0},"themes":[],"htmlText":"Like ","listText":"Like ","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/m/post/9970295538","repostId":"1166461545","repostType":2,"repost":{"id":"1166461545","pubTimestamp":1684455027,"share":"https://www.laohu8.com/m/news/1166461545?lang=&edition=full","pubTime":"2023-05-19 08:10","market":"sg","language":"en","title":"Singapore Bourse May Reclaim 3,200-Point Level","url":"https://stock-news.laohu8.com/highlight/detail?id=1166461545","media":"RTTNews","summary":"The Singapore stock market on Thursday ended the two-day slide in which it had dropped more than 40 ","content":"<html><head></head><body><p>The Singapore stock market on Thursday ended the two-day slide in which it had dropped more than 40 points or 1.3 percent. The Straits Times Index now sits just above the 3,180-point plateau and it's likely to see additional support on Friday.</p><p style=\"text-align: start;\">The global forecast for the Asian markets is upbeat on optimism over the U.S. debt ceiling situation. The European and U.S. markets were up and the Asian bourses figure to follow that lead.</p><p style=\"text-align: start;\">The STI finished slightly higher on Thursday following gains from the industrials and mixed performances from the financial shares and property stocks.</p><p style=\"text-align: start;\">For the day, the index collected 8.71 points or 0.27 percent to finish at 3,182.55 after trading between 3,179.67 and 3,196.48.</p><p style=\"text-align: start;\">Among the actives, Ascendas REIT added 0.72 percent, while CapitaLand Integrated Commercial Trust shed 0.50 percent, CapitaLand Investment spiked 2.35 percent, City Developments sank 0.58 percent, DBS Group fell 0.43 percent, Emperador advanced 0.99 percent, Genting Singapore stumbled 0.98 percent, Hongkong Land lost 0.45 percent, Keppel Corp improved 0.93 percent, Mapletree Pan Asia Commercial Trust soared 2.42 percent, Mapletree Industrial Trust dropped 0.86 percent, Mapletree Logistics Trust gained 0.60 percent, Oversea-Chinese Banking Corporation was up 0.08 percent, SATS climbed 1.14 percent, SembCorp Industries gathered 0.41 percent, Singapore Technologies Engineering jumped 1.90 percent, SingTel perked 0.39 percent, United Overseas Bank collected 0.84 percent, Wilmar International rose 0.51 percent, Yangzijiang Financial rallied 1.45 percent, Yangzijiang Shipbuilding surged 3.20 percent and Comfort DelGro and Thai Beverage were unchanged.</p><p style=\"text-align: start;\">The lead from Wall Street is upbeat as the major averages shook off a flat open on Thursday, bounced up and down throughout the session before ending firmly higher.</p><p>The Dow climbed 115.14 points or 0.34 percent to finish at 33,535.91, while the NASDAQ surged 188.27 points or 1.51 percent to end at 12,688.84 and the S&P 500 added 39.28 points or 0.94 percent to close at 4,198.05.</p><p style=\"text-align: start;\">Optimism lawmakers will eventually reach an agreement on raising the U.S. debt ceiling contributed to the continued strength on Wall Street.</p><p style=\"text-align: start;\">Following a meeting earlier in the week, President Joe Biden and House Speaker Kevin McCarthy, R-Calif., both expressed optimism a deal will be reached.</p><p style=\"text-align: start;\">In economic news, the Labor Department said first-time claims for U.S. unemployment benefits fell more than expected last week. The National Association of Realtors also released a report unexpectedly showing a steep drop in U.S. existing home sales in April.</p><p style=\"text-align: start;\">Crude oil prices drifted lower on Thursday amid concerns about the outlook for demand after recent data showed an increase in U.S. crude inventories last week, while a strong dollar weighed as well on oil prices. West Texas Intermediate crude oil futures for June ended lower by $0.97 or 1.3 percent at $71.86 a barrel.</p></body></html>","source":"lsy1637539882596","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore Bourse May Reclaim 3,200-Point Level</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore Bourse May Reclaim 3,200-Point Level\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-05-19 08:10 GMT+8 <a href=https://www.rttnews.com/3365182/singapore-bourse-may-reclaim-3200-point-level.aspx?type=acom><strong>RTTNews</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The Singapore stock market on Thursday ended the two-day slide in which it had dropped more than 40 points or 1.3 percent. The Straits Times Index now sits just above the 3,180-point plateau and it's ...</p>\n\n<a href=\"https://www.rttnews.com/3365182/singapore-bourse-may-reclaim-3200-point-level.aspx?type=acom\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"https://www.rttnews.com/3365182/singapore-bourse-may-reclaim-3200-point-level.aspx?type=acom","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1166461545","content_text":"The Singapore stock market on Thursday ended the two-day slide in which it had dropped more than 40 points or 1.3 percent. The Straits Times Index now sits just above the 3,180-point plateau and it's likely to see additional support on Friday.The global forecast for the Asian markets is upbeat on optimism over the U.S. debt ceiling situation. The European and U.S. markets were up and the Asian bourses figure to follow that lead.The STI finished slightly higher on Thursday following gains from the industrials and mixed performances from the financial shares and property stocks.For the day, the index collected 8.71 points or 0.27 percent to finish at 3,182.55 after trading between 3,179.67 and 3,196.48.Among the actives, Ascendas REIT added 0.72 percent, while CapitaLand Integrated Commercial Trust shed 0.50 percent, CapitaLand Investment spiked 2.35 percent, City Developments sank 0.58 percent, DBS Group fell 0.43 percent, Emperador advanced 0.99 percent, Genting Singapore stumbled 0.98 percent, Hongkong Land lost 0.45 percent, Keppel Corp improved 0.93 percent, Mapletree Pan Asia Commercial Trust soared 2.42 percent, Mapletree Industrial Trust dropped 0.86 percent, Mapletree Logistics Trust gained 0.60 percent, Oversea-Chinese Banking Corporation was up 0.08 percent, SATS climbed 1.14 percent, SembCorp Industries gathered 0.41 percent, Singapore Technologies Engineering jumped 1.90 percent, SingTel perked 0.39 percent, United Overseas Bank collected 0.84 percent, Wilmar International rose 0.51 percent, Yangzijiang Financial rallied 1.45 percent, Yangzijiang Shipbuilding surged 3.20 percent and Comfort DelGro and Thai Beverage were unchanged.The lead from Wall Street is upbeat as the major averages shook off a flat open on Thursday, bounced up and down throughout the session before ending firmly higher.The Dow climbed 115.14 points or 0.34 percent to finish at 33,535.91, while the NASDAQ surged 188.27 points or 1.51 percent to end at 12,688.84 and the S&P 500 added 39.28 points or 0.94 percent to close at 4,198.05.Optimism lawmakers will eventually reach an agreement on raising the U.S. debt ceiling contributed to the continued strength on Wall Street.Following a meeting earlier in the week, President Joe Biden and House Speaker Kevin McCarthy, R-Calif., both expressed optimism a deal will be reached.In economic news, the Labor Department said first-time claims for U.S. unemployment benefits fell more than expected last week. The National Association of Realtors also released a report unexpectedly showing a steep drop in U.S. existing home sales in April.Crude oil prices drifted lower on Thursday amid concerns about the outlook for demand after recent data showed an increase in U.S. crude inventories last week, while a strong dollar weighed as well on oil prices. West Texas Intermediate crude oil futures for June ended lower by $0.97 or 1.3 percent at $71.86 a barrel.","news_type":1},"isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9970612994,"gmtCreate":1684375353819,"gmtModify":1684375357059,"author":{"id":"3582969710070724","authorId":"3582969710070724","name":"OO_898","avatar":"https://static.tigerbbs.com/9fb3c360d5d7711641a868a144192fc7","crmLevel":3,"crmLevelSwitch":0},"themes":[],"htmlText":"Like ","listText":"Like ","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/m/post/9970612994","repostId":"2336968353","repostType":2,"repost":{"id":"2336968353","pubTimestamp":1684374131,"share":"https://www.laohu8.com/m/news/2336968353?lang=&edition=full","pubTime":"2023-05-18 09:42","market":"sg","language":"en","title":"These 4 Singapore Stocks Are Hitting 52-Week Highs: Can Their Run Continue?","url":"https://stock-news.laohu8.com/highlight/detail?id=2336968353","media":"The Smart Investor","summary":"In a climate of uncertainty, these stocks have managed to scale a year high. Let’s find out if they can continue to break new records.","content":"<html><head></head><body><p>It has admittedly been a tough year for investors.</p><p>The combination of soaring inflation and higher interest rates has weighed on sentiment and dampened consumer spending.</p><p>Income-seeking investors will note that the REIT sector has been hit by these headwinds.</p><p>Growth investors also saw technology stocks tumble last year from their highs as macroeconomic challenges stepped in.</p><p>Despite these occurrences, there is still a crop of companies that are seeing their share prices hit a 52-week high.</p><p>These stocks may have a sturdy business model that can continue to do well, thus allowing them to enjoy such a healthy run.</p><p>We highlight four of such stocks to determine if they can continue to hit new 52-week highs.</p><h2><a href=\"https://laohu8.com/S/F03.SI\">Food Empire Holdings</a></h2><p>Food Empire is a food and beverage (F&B) manufacturing and distribution business offering beverages such as 3-in-1 instant coffee, chocolate drinks, bubble tea, and others.</p><p>The group owns eight manufacturing facilities in five countries and has 23 offices worldwide and also owns proprietary brands such as MacCoffee, CafePHO, Hillway, and Klassno.</p><p>Food Empire’s share price recently touched a year-high of S$1.13 but recently closed at S$1.05, almost double the level it was a year ago.</p><p>The group recently released its fiscal 2023’s first quarter (1Q 2023) business update.</p><p>Revenue jumped 24.2% year on year to S$102.6 million while gross profit improved by 43.2% year on year to S$36.6 million.</p><p>Because of lower foreign exchange losses, net profit surged by 50.9% year on year to S$13.8 million.</p><p>The key contributors to the revenue increase were the “Russia” and “Ukraine, Kazakhstan and CIS” regions which saw a 44% and 52.2% year on year jump in sales, respectively.</p><p>Food Empire’s “South Asia” segment also fared well with a near-30% year on year increase in revenue to S$10.9 million.</p><p>The group plans to increase marketing and promotional activity in Vietnam to achieve higher revenue for the South Asia segment with the expansion of a non-dairy creamer factory set to contribute to the top line in the fourth quarter of this year.</p><h2><a href=\"https://laohu8.com/S/P34.SI\">Delfi Limited</a></h2><p>Delfi manufactures and distributes branded consumer products such as chocolates and other confectionary.</p><p>The group has a portfolio of established brands such as SilverQueen and Ceres in Indonesia and Goya and Knick-Knacks in the Philippines.</p><p>Delfi’s share price hit a 52-week high of S$1.35 and closed at S$1.28 recently, up 73% in a year.</p><p>The group reported a sterling set of earnings for 2022.</p><p>Revenue rose 19.2% year on year to US$483 million, led by a 17.5% year on year increase in revenue in Indonesia, its key market.</p><p>Gross profit margin improved slightly from 29.5% in 2021 to 30.7% in 2022.</p><p>Net profit jumped nearly 50% year on year to US$43.9 million.</p><p>A final dividend of US$0.02 and sa special dividend of US$0.0072 were declared, bringing 2022’s total dividend to US$0.043.</p><p>Delfi saw its inventories rise from US$64.8 million in 2021 to US$115.5 million in 2022 in anticipation of better sales for this year.</p><h2><a href=\"https://laohu8.com/S/U96.SI\">Sembcorp Industries Ltd</a></h2><p>Sembcorp Industries, or SCI, is a blue-chip energy and urban solutions provider.</p><p>The group’s share price scaled a new 52-week high of S$4.80 recently, and at S$4.72 currently, is up nearly 69% in the past year.</p><p>For 2022, SCI’s revenue rose 21% year on year to S$9.4 billion.</p><p>Net profit more than tripled year on year from S$279 million to S$848 million, but included one-off and exceptional items.</p><p>Excluding these, net profit still surged 87% year on year to S$883 million.</p><p>The group continues to build up its renewables portfolio, with its latest acquisition closing on 30 March for 892 MW of operational wind and solar assets in China.</p><p>This purchase brings SCI’s renewables portfolio of assets in operation and under development to 10.3 GW, exceeding its 2025 target of hitting 10 GW.</p><h2><a href=\"https://laohu8.com/S/40T.SI\">ISEC Healthcare</a></h2><p>ISEC Healthcare provides a comprehensive range of eye care services with surgical centres in Malaysia, a specialist clinic in Singapore, and ophthalmology centres in Yangon, Myanmar.</p><p>The group’s share price hit a 52-week high of S$0.37 and has retreated to S$0.32, but is still 10% higher than it was last year.</p><p>ISEC Healthcare also released an encouraging set of earnings for 1Q 2023.</p><p>Revenue jumped 43% year on year to S$16.9 million, buoyed by a significant increase in patient visits as countries lifted their COVID-19 restrictions.</p><p>Net profit surged 45% year on year to S$3.4 million.</p><p>The group also generated a positive free cash flow of S$3.2 million, higher than the S$2.1 million generated in the same period last year.</p></body></html>","source":"thesmartinvestor_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>These 4 Singapore Stocks Are Hitting 52-Week Highs: Can Their Run Continue?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThese 4 Singapore Stocks Are Hitting 52-Week Highs: Can Their Run Continue?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-05-18 09:42 GMT+8 <a href=https://thesmartinvestor.com.sg/these-4-singapore-stocks-are-hitting-52-week-highs-can-their-run-continue/><strong>The Smart Investor</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>It has admittedly been a tough year for investors.The combination of soaring inflation and higher interest rates has weighed on sentiment and dampened consumer spending.Income-seeking investors will ...</p>\n\n<a href=\"https://thesmartinvestor.com.sg/these-4-singapore-stocks-are-hitting-52-week-highs-can-their-run-continue/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"P34.SI":"DELFI LIMITED","U96.SI":"胜科工业","40T.SI":"国际眼科中心","F03.SI":"富旺朝"},"source_url":"https://thesmartinvestor.com.sg/these-4-singapore-stocks-are-hitting-52-week-highs-can-their-run-continue/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2336968353","content_text":"It has admittedly been a tough year for investors.The combination of soaring inflation and higher interest rates has weighed on sentiment and dampened consumer spending.Income-seeking investors will note that the REIT sector has been hit by these headwinds.Growth investors also saw technology stocks tumble last year from their highs as macroeconomic challenges stepped in.Despite these occurrences, there is still a crop of companies that are seeing their share prices hit a 52-week high.These stocks may have a sturdy business model that can continue to do well, thus allowing them to enjoy such a healthy run.We highlight four of such stocks to determine if they can continue to hit new 52-week highs.Food Empire HoldingsFood Empire is a food and beverage (F&B) manufacturing and distribution business offering beverages such as 3-in-1 instant coffee, chocolate drinks, bubble tea, and others.The group owns eight manufacturing facilities in five countries and has 23 offices worldwide and also owns proprietary brands such as MacCoffee, CafePHO, Hillway, and Klassno.Food Empire’s share price recently touched a year-high of S$1.13 but recently closed at S$1.05, almost double the level it was a year ago.The group recently released its fiscal 2023’s first quarter (1Q 2023) business update.Revenue jumped 24.2% year on year to S$102.6 million while gross profit improved by 43.2% year on year to S$36.6 million.Because of lower foreign exchange losses, net profit surged by 50.9% year on year to S$13.8 million.The key contributors to the revenue increase were the “Russia” and “Ukraine, Kazakhstan and CIS” regions which saw a 44% and 52.2% year on year jump in sales, respectively.Food Empire’s “South Asia” segment also fared well with a near-30% year on year increase in revenue to S$10.9 million.The group plans to increase marketing and promotional activity in Vietnam to achieve higher revenue for the South Asia segment with the expansion of a non-dairy creamer factory set to contribute to the top line in the fourth quarter of this year.Delfi LimitedDelfi manufactures and distributes branded consumer products such as chocolates and other confectionary.The group has a portfolio of established brands such as SilverQueen and Ceres in Indonesia and Goya and Knick-Knacks in the Philippines.Delfi’s share price hit a 52-week high of S$1.35 and closed at S$1.28 recently, up 73% in a year.The group reported a sterling set of earnings for 2022.Revenue rose 19.2% year on year to US$483 million, led by a 17.5% year on year increase in revenue in Indonesia, its key market.Gross profit margin improved slightly from 29.5% in 2021 to 30.7% in 2022.Net profit jumped nearly 50% year on year to US$43.9 million.A final dividend of US$0.02 and sa special dividend of US$0.0072 were declared, bringing 2022’s total dividend to US$0.043.Delfi saw its inventories rise from US$64.8 million in 2021 to US$115.5 million in 2022 in anticipation of better sales for this year.Sembcorp Industries LtdSembcorp Industries, or SCI, is a blue-chip energy and urban solutions provider.The group’s share price scaled a new 52-week high of S$4.80 recently, and at S$4.72 currently, is up nearly 69% in the past year.For 2022, SCI’s revenue rose 21% year on year to S$9.4 billion.Net profit more than tripled year on year from S$279 million to S$848 million, but included one-off and exceptional items.Excluding these, net profit still surged 87% year on year to S$883 million.The group continues to build up its renewables portfolio, with its latest acquisition closing on 30 March for 892 MW of operational wind and solar assets in China.This purchase brings SCI’s renewables portfolio of assets in operation and under development to 10.3 GW, exceeding its 2025 target of hitting 10 GW.ISEC HealthcareISEC Healthcare provides a comprehensive range of eye care services with surgical centres in Malaysia, a specialist clinic in Singapore, and ophthalmology centres in Yangon, Myanmar.The group’s share price hit a 52-week high of S$0.37 and has retreated to S$0.32, but is still 10% higher than it was last year.ISEC Healthcare also released an encouraging set of earnings for 1Q 2023.Revenue jumped 43% year on year to S$16.9 million, buoyed by a significant increase in patient visits as countries lifted their COVID-19 restrictions.Net profit surged 45% year on year to S$3.4 million.The group also generated a positive free cash flow of S$3.2 million, higher than the S$2.1 million generated in the same period last year.","news_type":1},"isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9970162490,"gmtCreate":1684166561110,"gmtModify":1684166565869,"author":{"id":"3582969710070724","authorId":"3582969710070724","name":"OO_898","avatar":"https://static.tigerbbs.com/9fb3c360d5d7711641a868a144192fc7","crmLevel":3,"crmLevelSwitch":0},"themes":[],"htmlText":"Like ","listText":"Like ","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/m/post/9970162490","repostId":"2335883245","repostType":2,"repost":{"id":"2335883245","pubTimestamp":1684164600,"share":"https://www.laohu8.com/m/news/2335883245?lang=&edition=full","pubTime":"2023-05-15 23:30","market":"us","language":"en","title":"2 Top Dividend Stocks You Can Buy and Hold Forever","url":"https://stock-news.laohu8.com/highlight/detail?id=2335883245","media":"Motley Fool","summary":"Here are two top dividend stocks that you can feel good about buying and holding forever.","content":"<html><head></head><body><h2 style=\"text-align: start;\">KEY POINTS</h2><ul><li><p>Costco is known for paying a special cash dividend around every three years.</p></li><li><p>Waste Management has steadily increased its dividend, which currently yields 1.6%.</p></li><li><p>Both companies have long histories of raising their dividends annually.</p></li></ul><p>Long-term investors tend to flock to dividend stocks for their ability to provide a steady source of income, and the often-proven track records of their businesses. Better yet, most dividend-paying stocks tend to grow their dividends over time.</p><p>To see how a growing dividend can transform a portfolio, look no further than <strong>Berkshire Hathaway'</strong>s investment in <strong>Coca-Cola</strong>. In 1994, Berkshire completed its seven-year purchase of Coca-Cola at a total cost of $1.3 billion. Fast forward to 2022, and Coca-Cola paid $704 million in dividends on those shares, now worth roughly $25 billion.</p><p>It's a good idea for investors to start with reliable dividend payers when considering which stocks they might buy and hold forever. Here are two dividend-paying stocks that might be the next Coca-Cola for your portfolio. </p><h2>1. Costco Wholesale</h2><p><strong>Costco Wholesale</strong>'s membership-only model has propelled it to become one of the most successful wholesale retailers and stocks over the past decade. The company has rewarded investors handsomely during that time, with a total return (change in stock price plus dividends) of 459%, outperforming the <strong>S&P500</strong> benchmark by over 250%.</p><p>On the surface, Costco's quarterly dividend of $1.02 per share, equating to an annual dividend yield of 0.81%, won't excite many investors. The good news is that the dividend will likely grow over time as management has raised it annually since 2004. Also, Costco is known for its regular special cash dividends, which it typically pays out once every three years or so. With that timeline in mind, Costco shareholders should expect another special cash dividend soon, as the previous one came in December 2020 for $10 per share.</p><p>Beyond Costco stock's past performance and dividends, the company has one of the best balance sheets in the public markets, with a net debt (long-term debt minus cash and short-term investments) of -$7.1 billion. For comparison, competitors <strong>Target</strong> and <strong>Walmart</strong> have net debts of $14.4 billion and $30.6 billion, respectively.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/93661fa779d16cd8d6f372627f2b9943\" alt=\"Image source: Getty Images.\" title=\"Image source: Getty Images.\" tg-width=\"700\" tg-height=\"466\"/><span>Image source: Getty Images.</span></p><p>For future growth, Costco will rely on expanding locations -- it plans to open approximately 29 additional new warehouses in 2023. That would be a roughly 3% increase from its 848 sites as of February 12, 2023. Additionally, Costco will likely increase annual membership fees soon, which generated approximately $4.2 billion in 2022. Management last raised membership fees in June 2017, averaging an increase roughly every five-and-a-half years.</p><p>For many investors, Costco stock's high valuation -- its price-to-earnings (P/E) ratio is 36.7 -- is a reason not to invest. For comparison, Target and Walmart trade at P/E ratios of 26.5 and 35.8, respectively. However, if you consider that over the past five years Costco's stock has had an average P/E ratio of 36.8 and generated a total return of 173%, there may be a good reason for its consistently high valuation. </p><h2>2. Waste Management</h2><p>For many Americans and Canadians, <strong>Waste Management</strong> is the company that takes away their trash and recycling. The stock has produced a total return of roughly 125% over the past five years, doubling the total return of the S&P500.</p><p>Waste Management currently pays a quarterly dividend of $0.70 per share, representing an annual dividend yield of 1.6%. North America's leading waste services company has paid and raised its dividend for 20 consecutive years.</p><p>Moreover, the company is consistently free-cash-flow positive, signifying it can continue to pay its dividend and repurchase shares, which both return capital to shareholders. For 2023, management expects $2.6 billion to $2.7 billion in free cash flow, representing more than a 25% increase from its roughly $2 billion free cash flow in 2022.</p><p>Waste Management is investing roughly $1 billion in 2023 for growth projects in its recycling and renewable energy businesses. While this investment, combined with dividends and share repurchases, will hamper the company's balance sheet in the near term, as the company will likely be spending above its free cash flow in 2023, management expects it will lead to an additional $630 million in annual free cash flow by 2026.</p><p>So even with Waste Management's growing net debt of $15 billion, leadership could start paying it down with its reliable free cash flow if interest expenses become a nuisance. However, at this time management prefers reinvesting in the business and returning capital to shareholders. Both are positive for any long-term investor. </p><h2>Are these top dividend stocks buys?</h2><p>Historically, dividend stocks tend to be less volatile than growth stocks, providing the added benefit of a regular and reliable income stream. These two stocks in particular not only offer growing dividends, but are the leaders in their respective industries, with plans to expand their business to provide future growth. That makes Costco and Waste Management great additions to any long-term investor's portfolio. </p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>2 Top Dividend Stocks You Can Buy and Hold Forever</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n2 Top Dividend Stocks You Can Buy and Hold Forever\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-05-15 23:30 GMT+8 <a href=https://www.fool.com/investing/2023/05/14/2-top-dividend-stocks-you-can-buy-and-hold-forever/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTSCostco is known for paying a special cash dividend around every three years.Waste Management has steadily increased its dividend, which currently yields 1.6%.Both companies have long ...</p>\n\n<a href=\"https://www.fool.com/investing/2023/05/14/2-top-dividend-stocks-you-can-buy-and-hold-forever/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU1551013342.USD":"Allianz Income and Growth Cl AMg2 DIS USD","SG9999014559.SGD":"United Income Focus Trust Dis SGD","IE00BBT3K403.USD":"LEGG MASON CLEARBRIDGE TACTICAL DIVIDEND INCOME \"A(USD) ACC","LU1718418525.SGD":"JPMorgan Investment Funds - Global Select Equity A (acc) SGD","SG9999014567.USD":"UOB UNITED INCOME FOCUS TRUST FUND (USD) ACC","LU0053666078.USD":"摩根大通基金-美国股票A(离岸)美元","LU1571399168.USD":"ALLSPRING GLOBAL LONG/SHORT EQUITY \"IP\" (USD) ACC","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","LU2237443382.USD":"Aberdeen Standard SICAV I - Global Dynamic Dividend A MIncA USD","BK4504":"桥水持仓","LU1551013425.SGD":"Allianz Income and Growth Cl AMg2 DIS H2-SGD","LU2264538146.SGD":"Fullerton Lux Funds - Global Absolute Alpha A Acc SGD","SG9999015358.SGD":"United Income Focus Trust Dis SGD-H","BK4581":"高盛持仓","LU0820561818.USD":"安联收益及增长平衡基金Cl AM DIS","LU2210150020.SGD":"Natixis Thematics Subscription Economy R/A SGD","LU0256863811.USD":"ALLIANZ US EQUITY \"A\" INC","LU2237443622.USD":"Aberdeen Standard SICAV I - Global Dynamic Dividend A Acc USD","LU0234572021.USD":"高盛美国核心股票组合Acc","BK4585":"ETF&股票定投概念","LU2210149790.SGD":"Natixis Thematics Subscription Economy R/A SGD-H","IE00B775SV38.USD":"NEUBERGER BERMAN US MULTICAP OPPORTUNITIES \"A\" (USD) ACC","LU2237443978.SGD":"Aberdeen Standard SICAV I - Global Dynamic Dividend A Acc SGD-H","SG9999015341.SGD":"United Income Focus Trust Acc SGD-H","WM":"美国废物管理","LU1363072403.SGD":"Fidelity Global Financial Services A-ACC-SGD","BK4176":"多领域控股","LU1496350502.SGD":"FRANKLIN DIVERSIFIED DYNAMIC \"A\" (SGDHDG) ACC","LU0079474960.USD":"联博美国增长基金A","LU1280957306.USD":"THREADNEEDLE (LUX) US CONTRARIAN CORE EQUITIES \"AUP\" (USD) INC","LU0820561909.HKD":"ALLIANZ INCOME AND GROWTH \"AM\" (HKD) INC","SG9999014575.USD":"UOB UNITED INCOME FOCUS TRUST FUND (USDHDG) INC","SG9999002232.USD":"Allianz Global High Payout USD","LU1496350171.SGD":"FRANKLIN DIVERSIFIED BALANCED \"A\" (SGDHDG) ACC","LU0251142724.SGD":"Fidelity America A-SGD","IE00BLSP4239.USD":"Legg Mason ClearBridge - Tactical Dividend Income A Mdis USD Plus","BK4534":"瑞士信贷持仓","LU0061474960.USD":"天利环球焦点基金AU Acc","LU0957791311.USD":"THREADNEEDLE (LUX) GLOBAL FOCUS \"ZU\" (USD) ACC","LU1988902786.USD":"FULLERTON LUX FUNDS GLOBAL ABSOLUTE ALPHA \"I\" (USD) ACC","LU0640476718.USD":"THREADNEEDLE (LUX) US CONTRARIAN CORE EQ \"AU\" (USD) ACC","LU0648001328.SGD":"Natixis Harris Associates US Equity RA SGD","BK4533":"AQR资本管理(全球第二大对冲基金)","LU2360032135.SGD":"ALLSPRING GLOBAL EQUITY ENHANCED INCOME \"A\" (SGDHDG) INC","BK4550":"红杉资本持仓","COST":"好市多","LU0689472784.USD":"安联收益及增长基金Cl AM AT Acc","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC","LU1074936037.SGD":"JPMorgan Funds - US Value A (acc) SGD","LU1201861249.SGD":"Natixis Harris Associates US Equity PA SGD-H"},"source_url":"https://www.fool.com/investing/2023/05/14/2-top-dividend-stocks-you-can-buy-and-hold-forever/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2335883245","content_text":"KEY POINTSCostco is known for paying a special cash dividend around every three years.Waste Management has steadily increased its dividend, which currently yields 1.6%.Both companies have long histories of raising their dividends annually.Long-term investors tend to flock to dividend stocks for their ability to provide a steady source of income, and the often-proven track records of their businesses. Better yet, most dividend-paying stocks tend to grow their dividends over time.To see how a growing dividend can transform a portfolio, look no further than Berkshire Hathaway's investment in Coca-Cola. In 1994, Berkshire completed its seven-year purchase of Coca-Cola at a total cost of $1.3 billion. Fast forward to 2022, and Coca-Cola paid $704 million in dividends on those shares, now worth roughly $25 billion.It's a good idea for investors to start with reliable dividend payers when considering which stocks they might buy and hold forever. Here are two dividend-paying stocks that might be the next Coca-Cola for your portfolio. 1. Costco WholesaleCostco Wholesale's membership-only model has propelled it to become one of the most successful wholesale retailers and stocks over the past decade. The company has rewarded investors handsomely during that time, with a total return (change in stock price plus dividends) of 459%, outperforming the S&P500 benchmark by over 250%.On the surface, Costco's quarterly dividend of $1.02 per share, equating to an annual dividend yield of 0.81%, won't excite many investors. The good news is that the dividend will likely grow over time as management has raised it annually since 2004. Also, Costco is known for its regular special cash dividends, which it typically pays out once every three years or so. With that timeline in mind, Costco shareholders should expect another special cash dividend soon, as the previous one came in December 2020 for $10 per share.Beyond Costco stock's past performance and dividends, the company has one of the best balance sheets in the public markets, with a net debt (long-term debt minus cash and short-term investments) of -$7.1 billion. For comparison, competitors Target and Walmart have net debts of $14.4 billion and $30.6 billion, respectively.Image source: Getty Images.For future growth, Costco will rely on expanding locations -- it plans to open approximately 29 additional new warehouses in 2023. That would be a roughly 3% increase from its 848 sites as of February 12, 2023. Additionally, Costco will likely increase annual membership fees soon, which generated approximately $4.2 billion in 2022. Management last raised membership fees in June 2017, averaging an increase roughly every five-and-a-half years.For many investors, Costco stock's high valuation -- its price-to-earnings (P/E) ratio is 36.7 -- is a reason not to invest. For comparison, Target and Walmart trade at P/E ratios of 26.5 and 35.8, respectively. However, if you consider that over the past five years Costco's stock has had an average P/E ratio of 36.8 and generated a total return of 173%, there may be a good reason for its consistently high valuation. 2. Waste ManagementFor many Americans and Canadians, Waste Management is the company that takes away their trash and recycling. The stock has produced a total return of roughly 125% over the past five years, doubling the total return of the S&P500.Waste Management currently pays a quarterly dividend of $0.70 per share, representing an annual dividend yield of 1.6%. North America's leading waste services company has paid and raised its dividend for 20 consecutive years.Moreover, the company is consistently free-cash-flow positive, signifying it can continue to pay its dividend and repurchase shares, which both return capital to shareholders. For 2023, management expects $2.6 billion to $2.7 billion in free cash flow, representing more than a 25% increase from its roughly $2 billion free cash flow in 2022.Waste Management is investing roughly $1 billion in 2023 for growth projects in its recycling and renewable energy businesses. While this investment, combined with dividends and share repurchases, will hamper the company's balance sheet in the near term, as the company will likely be spending above its free cash flow in 2023, management expects it will lead to an additional $630 million in annual free cash flow by 2026.So even with Waste Management's growing net debt of $15 billion, leadership could start paying it down with its reliable free cash flow if interest expenses become a nuisance. However, at this time management prefers reinvesting in the business and returning capital to shareholders. Both are positive for any long-term investor. Are these top dividend stocks buys?Historically, dividend stocks tend to be less volatile than growth stocks, providing the added benefit of a regular and reliable income stream. These two stocks in particular not only offer growing dividends, but are the leaders in their respective industries, with plans to expand their business to provide future growth. That makes Costco and Waste Management great additions to any long-term investor's portfolio.","news_type":1},"isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9970162205,"gmtCreate":1684166516707,"gmtModify":1684166519900,"author":{"id":"3582969710070724","authorId":"3582969710070724","name":"OO_898","avatar":"https://static.tigerbbs.com/9fb3c360d5d7711641a868a144192fc7","crmLevel":3,"crmLevelSwitch":0},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":12,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/m/post/9970162205","repostId":"1142664653","repostType":2,"repost":{"id":"1142664653","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1684163841,"share":"https://www.laohu8.com/m/news/1142664653?lang=&edition=full","pubTime":"2023-05-15 23:17","market":"us","language":"en","title":"Top Calls on Wall Street: Alphabet, Meta, Apple, SoFi, Exxon Mobil and More","url":"https://stock-news.laohu8.com/highlight/detail?id=1142664653","media":"Tiger Newspress","summary":"Here are Monday’s biggest calls on Wall Street:Loop upgrades Meta to buy from holdLoop said it sees ","content":"<html><head></head><body><p>Here are Monday’s biggest calls on Wall Street:</p><h2 style=\"text-align: start;\">Loop upgrades Meta to buy from hold</h2><p>Loop said it sees a “brighter revenue picture” for the social media giant.</p><blockquote>“We are upgrading Meta to Buy and raising out PT to $320. The stock has already re-rated meaningfully this year mostly on expense reductions; consensus EPS for next year is up 44% YTD on a 3% revision to revenue.”</blockquote><h2 style=\"text-align: start;\">Loop downgrades Alphabet to hold from buy</h2><p>Loop said it’s concerned about AI uncertainty as it relates to the Google parent.</p><blockquote>“We think long-term structural uncertainties surrounding the AI transition will keep investors nervous as the landscape evolves and put a ceiling on valuation.”</blockquote><h2 style=\"text-align: start;\">KeyBanc reiterates Apple as overweight</h2><p>KeyBanc said it’s standing by its overweight rating Apple shares.</p><blockquote>“We’re NT cautious but LT positive as we believe the user growth and capital return story continue to play out.”</blockquote><h2 style=\"text-align: start;\">Wedbush downgrades SoFi to underperform from neutral</h2><p>Wedbush downgraded SoFi on slowing growth concerns.</p><blockquote>“We’re downgrading shares of SOFI to UNDERPERFORM from NEUTRAL as we believe 1) the company may be nearing a tipping point on the fee income it recognizes related to loan origination and sales, 2) capital levels may be overstated using fair value accounting and we believe the company may look to raise capital this year to support growth.”</blockquote><h2 style=\"text-align: start;\">Morgan Stanley reiterates Exxon Mobil as overweight</h2><p>Morgan Stanley said it has “high confidence” in the oil and gas giant.</p><blockquote>“Last week, we hosted investor meetings with XOM’s management team at their headquarters in TX. The benefits from the company’s portfolio of advantaged growth projects are clear, and we came away with high confidence in XOM’s ability to deliver >2x earnings by ’27 (vs ’19).”</blockquote><h2 style=\"text-align: start;\">Wells Fargo reiterates JPMorgan as overweight</h2><p>Wells said it’s bullish heading into the banking giant’s investor day.</p><blockquote>“JPM is a best-in-class global bank, and the May 22 investor day should highlight the ‘Goliath is Winning’ theme.”</blockquote><h2 style=\"text-align: start;\">Citi adds a positive catalyst watch on Lam Research</h2><p>Citi said the semiconductor company is a “self-help” story.</p><blockquote>“Moreover, we believe Lam has the most ‘self-help’ story coming out of the downturn as the company expands its broader Asia manufacturing footprint to structurally improve gross margins to 47-48% from current 44% once the growth resumes.”</blockquote></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Top Calls on Wall Street: Alphabet, Meta, Apple, SoFi, Exxon Mobil and More</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTop Calls on Wall Street: Alphabet, Meta, Apple, SoFi, Exxon Mobil and More\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2023-05-15 23:17</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Here are Monday’s biggest calls on Wall Street:</p><h2 style=\"text-align: start;\">Loop upgrades Meta to buy from hold</h2><p>Loop said it sees a “brighter revenue picture” for the social media giant.</p><blockquote>“We are upgrading Meta to Buy and raising out PT to $320. The stock has already re-rated meaningfully this year mostly on expense reductions; consensus EPS for next year is up 44% YTD on a 3% revision to revenue.”</blockquote><h2 style=\"text-align: start;\">Loop downgrades Alphabet to hold from buy</h2><p>Loop said it’s concerned about AI uncertainty as it relates to the Google parent.</p><blockquote>“We think long-term structural uncertainties surrounding the AI transition will keep investors nervous as the landscape evolves and put a ceiling on valuation.”</blockquote><h2 style=\"text-align: start;\">KeyBanc reiterates Apple as overweight</h2><p>KeyBanc said it’s standing by its overweight rating Apple shares.</p><blockquote>“We’re NT cautious but LT positive as we believe the user growth and capital return story continue to play out.”</blockquote><h2 style=\"text-align: start;\">Wedbush downgrades SoFi to underperform from neutral</h2><p>Wedbush downgraded SoFi on slowing growth concerns.</p><blockquote>“We’re downgrading shares of SOFI to UNDERPERFORM from NEUTRAL as we believe 1) the company may be nearing a tipping point on the fee income it recognizes related to loan origination and sales, 2) capital levels may be overstated using fair value accounting and we believe the company may look to raise capital this year to support growth.”</blockquote><h2 style=\"text-align: start;\">Morgan Stanley reiterates Exxon Mobil as overweight</h2><p>Morgan Stanley said it has “high confidence” in the oil and gas giant.</p><blockquote>“Last week, we hosted investor meetings with XOM’s management team at their headquarters in TX. The benefits from the company’s portfolio of advantaged growth projects are clear, and we came away with high confidence in XOM’s ability to deliver >2x earnings by ’27 (vs ’19).”</blockquote><h2 style=\"text-align: start;\">Wells Fargo reiterates JPMorgan as overweight</h2><p>Wells said it’s bullish heading into the banking giant’s investor day.</p><blockquote>“JPM is a best-in-class global bank, and the May 22 investor day should highlight the ‘Goliath is Winning’ theme.”</blockquote><h2 style=\"text-align: start;\">Citi adds a positive catalyst watch on Lam Research</h2><p>Citi said the semiconductor company is a “self-help” story.</p><blockquote>“Moreover, we believe Lam has the most ‘self-help’ story coming out of the downturn as the company expands its broader Asia manufacturing footprint to structurally improve gross margins to 47-48% from current 44% once the growth resumes.”</blockquote></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果","JPM":"摩根大通","GOOGL":"谷歌A","META":"Roundhill Ball Metaverse ETF","XOM":"埃克森美孚","SOFI":"SoFi Technologies Inc."},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1142664653","content_text":"Here are Monday’s biggest calls on Wall Street:Loop upgrades Meta to buy from holdLoop said it sees a “brighter revenue picture” for the social media giant.“We are upgrading Meta to Buy and raising out PT to $320. The stock has already re-rated meaningfully this year mostly on expense reductions; consensus EPS for next year is up 44% YTD on a 3% revision to revenue.”Loop downgrades Alphabet to hold from buyLoop said it’s concerned about AI uncertainty as it relates to the Google parent.“We think long-term structural uncertainties surrounding the AI transition will keep investors nervous as the landscape evolves and put a ceiling on valuation.”KeyBanc reiterates Apple as overweightKeyBanc said it’s standing by its overweight rating Apple shares.“We’re NT cautious but LT positive as we believe the user growth and capital return story continue to play out.”Wedbush downgrades SoFi to underperform from neutralWedbush downgraded SoFi on slowing growth concerns.“We’re downgrading shares of SOFI to UNDERPERFORM from NEUTRAL as we believe 1) the company may be nearing a tipping point on the fee income it recognizes related to loan origination and sales, 2) capital levels may be overstated using fair value accounting and we believe the company may look to raise capital this year to support growth.”Morgan Stanley reiterates Exxon Mobil as overweightMorgan Stanley said it has “high confidence” in the oil and gas giant.“Last week, we hosted investor meetings with XOM’s management team at their headquarters in TX. The benefits from the company’s portfolio of advantaged growth projects are clear, and we came away with high confidence in XOM’s ability to deliver >2x earnings by ’27 (vs ’19).”Wells Fargo reiterates JPMorgan as overweightWells said it’s bullish heading into the banking giant’s investor day.“JPM is a best-in-class global bank, and the May 22 investor day should highlight the ‘Goliath is Winning’ theme.”Citi adds a positive catalyst watch on Lam ResearchCiti said the semiconductor company is a “self-help” story.“Moreover, we believe Lam has the most ‘self-help’ story coming out of the downturn as the company expands its broader Asia manufacturing footprint to structurally improve gross margins to 47-48% from current 44% once the growth resumes.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":1,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9970300774,"gmtCreate":1683875296198,"gmtModify":1683875300881,"author":{"id":"3582969710070724","authorId":"3582969710070724","name":"OO_898","avatar":"https://static.tigerbbs.com/9fb3c360d5d7711641a868a144192fc7","crmLevel":3,"crmLevelSwitch":0},"themes":[],"htmlText":"Like ","listText":"Like ","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/m/post/9970300774","repostId":"2334705819","repostType":2,"repost":{"id":"2334705819","pubTimestamp":1683872601,"share":"https://www.laohu8.com/m/news/2334705819?lang=&edition=full","pubTime":"2023-05-12 14:23","market":"us","language":"en","title":"2 Warren Buffett Stocks to Buy Hand Over Fist in May","url":"https://stock-news.laohu8.com/highlight/detail?id=2334705819","media":"Motley Fool","summary":"These two Berkshire Hathaway holdings are solid picks in May.","content":"<html><head></head><body><h2 style=\"text-align: start;\">KEY POINTS</h2><ul><li><p>Warren Buffett is a defensive investor at heart.</p></li><li><p>As a result, the Oracle of Omaha places a premium on the sustainability of a company's profits over long periods of time.</p></li><li><p>Apple and Johnson & Johnson both check this all-important box.</p></li></ul><p>Berkshire Hathaway CEO Warren Buffett is a lodestar for many investors, and for good reason. His stock-picking acumen has yielded astounding returns on capital for Berkshire shareholders over the years.</p><p>Which Warren Buffett stocks are worth buying in May? Although the Oracle of Omaha has become decidedly more cautious when it comes to U.S. stocks in recent times, Berkshire's portfolio still contains a handful of outstanding buys for patient investors. Here are two holdings that ought to deliver above-market returns for those with a long-term mindset. </p><h2>1. <a href=\"https://laohu8.com/S/AAPL\">Apple</a></h2><p>Apple (AAPL) has built a thriving business with a wide economic moat thanks to its user-friendly Mac and iPhone. These intuitive interfaces seamlessly integrate a diverse array of apps, drastically cut down on conflicts between apps, and most importantly are the basis for the company's reputation for products that "just work" right out of the box.</p><p>The sleek design of the iPhone, which raked in an eye-popping $51.3 billion in sales in the most recent quarter, is also a crucial component in its wide competitive moat. Namely, the tech giant's flagship product has become a cultural icon. An iPhone has become a sign of personal financial success in many countries, as well as a must-have fashion accessory.</p><p>As a direct result, Apple has been able to rapidly capture market share in key emerging nations like India in recent quarters, despite fierce competition from lower priced alternatives. </p><p>Apple's well-earned reputation for making easy-to-use products that are both reliable and stylish is the core reasons Buffett views the company as one of the best businesses in Berkshire's diverse portfolio. What it all boils down to is this: The company's core enormous earnings power ought to remain intact for the foreseeable future due to its lack of viable competition and beloved status among users.</p><p>So, even though Apple's stock does have a moderately low earnings yield of 3.77%, its proven ability to fend off competition is arguably worth the price of admission. </p><h2>2. <a href=\"https://laohu8.com/S/JNJ\">Johnson & Johnson</a></h2><p>Johnson & Johnson (JNJ) has been among Berkshire's few long-term holdings in healthcare for a couple of solid reasons. Despite the inherent disadvantage of operating in arenas like pharmaceuticals and medtech that are heavily dependent on time-limited patents to protect profits, J&J has been able to build a formidable economic moat, a AAA-rated balance sheet, a 61-year history of annual dividend increases, and a well-earned reputation for savvy capital allocation.</p><p>As a recent example, J&J acquired Abiomed late last year in a move that significantly bolstered its cardiovascular medtech portfolio ahead of the spinoff of <strong>Kenvue</strong>. This latest medtech acquisition opens up another high-growth opportunity for the company in the years ahead.</p><p>What's important to understand is that most mergers and acquisitions in healthcare actually turn out to be value sinks due to the high premiums involved, innate regulatory risks, and the ever-present threat of new competitors coming to market. J&J, by contrast, has repeatedly been able to avoid these pitfalls by hitting on winning companies like Abiomed that ultimately enhance its overall value proposition to shareholders. </p><p>J&J's successful capital allocation strategy, heavy investment on internal pipeline development, and rich tradition of dividend increases have made its stock a tremendous investment for long-term stakeholders:</p><p>As such, this Buffett stock is arguably worth buying in any type of market. </p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>2 Warren Buffett Stocks to Buy Hand Over Fist in May</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n2 Warren Buffett Stocks to Buy Hand Over Fist in May\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-05-12 14:23 GMT+8 <a href=https://www.fool.com/investing/2023/05/11/2-warren-buffett-stocks-to-buy-hand-over-fist-in-m/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTSWarren Buffett is a defensive investor at heart.As a result, the Oracle of Omaha places a premium on the sustainability of a company's profits over long periods of time.Apple and Johnson & ...</p>\n\n<a href=\"https://www.fool.com/investing/2023/05/11/2-warren-buffett-stocks-to-buy-hand-over-fist-in-m/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"JNJ":"强生","AAPL":"苹果"},"source_url":"https://www.fool.com/investing/2023/05/11/2-warren-buffett-stocks-to-buy-hand-over-fist-in-m/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2334705819","content_text":"KEY POINTSWarren Buffett is a defensive investor at heart.As a result, the Oracle of Omaha places a premium on the sustainability of a company's profits over long periods of time.Apple and Johnson & Johnson both check this all-important box.Berkshire Hathaway CEO Warren Buffett is a lodestar for many investors, and for good reason. His stock-picking acumen has yielded astounding returns on capital for Berkshire shareholders over the years.Which Warren Buffett stocks are worth buying in May? Although the Oracle of Omaha has become decidedly more cautious when it comes to U.S. stocks in recent times, Berkshire's portfolio still contains a handful of outstanding buys for patient investors. Here are two holdings that ought to deliver above-market returns for those with a long-term mindset. 1. AppleApple (AAPL) has built a thriving business with a wide economic moat thanks to its user-friendly Mac and iPhone. These intuitive interfaces seamlessly integrate a diverse array of apps, drastically cut down on conflicts between apps, and most importantly are the basis for the company's reputation for products that \"just work\" right out of the box.The sleek design of the iPhone, which raked in an eye-popping $51.3 billion in sales in the most recent quarter, is also a crucial component in its wide competitive moat. Namely, the tech giant's flagship product has become a cultural icon. An iPhone has become a sign of personal financial success in many countries, as well as a must-have fashion accessory.As a direct result, Apple has been able to rapidly capture market share in key emerging nations like India in recent quarters, despite fierce competition from lower priced alternatives. Apple's well-earned reputation for making easy-to-use products that are both reliable and stylish is the core reasons Buffett views the company as one of the best businesses in Berkshire's diverse portfolio. What it all boils down to is this: The company's core enormous earnings power ought to remain intact for the foreseeable future due to its lack of viable competition and beloved status among users.So, even though Apple's stock does have a moderately low earnings yield of 3.77%, its proven ability to fend off competition is arguably worth the price of admission. 2. Johnson & JohnsonJohnson & Johnson (JNJ) has been among Berkshire's few long-term holdings in healthcare for a couple of solid reasons. Despite the inherent disadvantage of operating in arenas like pharmaceuticals and medtech that are heavily dependent on time-limited patents to protect profits, J&J has been able to build a formidable economic moat, a AAA-rated balance sheet, a 61-year history of annual dividend increases, and a well-earned reputation for savvy capital allocation.As a recent example, J&J acquired Abiomed late last year in a move that significantly bolstered its cardiovascular medtech portfolio ahead of the spinoff of Kenvue. This latest medtech acquisition opens up another high-growth opportunity for the company in the years ahead.What's important to understand is that most mergers and acquisitions in healthcare actually turn out to be value sinks due to the high premiums involved, innate regulatory risks, and the ever-present threat of new competitors coming to market. J&J, by contrast, has repeatedly been able to avoid these pitfalls by hitting on winning companies like Abiomed that ultimately enhance its overall value proposition to shareholders. J&J's successful capital allocation strategy, heavy investment on internal pipeline development, and rich tradition of dividend increases have made its stock a tremendous investment for long-term stakeholders:As such, this Buffett stock is arguably worth buying in any type of market.","news_type":1},"isVote":1,"tweetType":1,"viewCount":7,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9970998729,"gmtCreate":1683788243962,"gmtModify":1683788247796,"author":{"id":"3582969710070724","authorId":"3582969710070724","name":"OO_898","avatar":"https://static.tigerbbs.com/9fb3c360d5d7711641a868a144192fc7","crmLevel":3,"crmLevelSwitch":0},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/m/post/9970998729","repostId":"2334440716","repostType":2,"repost":{"id":"2334440716","pubTimestamp":1683785159,"share":"https://www.laohu8.com/m/news/2334440716?lang=&edition=full","pubTime":"2023-05-11 14:05","market":"sg","language":"en","title":"UOB’s Acquisition of Citi’s Consumer Banking Businesses in Malaysia, Thailand, Vietnam Brings Customers to Over 7 Mil","url":"https://stock-news.laohu8.com/highlight/detail?id=2334440716","media":"Felicia Tan","summary":"The bank states that it will have close to 8 mil customers by end-2023 after the acquisition of Citi’s Indonesia consumer business","content":"<html><head></head><body><p>The completion of United Overseas Bank’s (UOB) acquisition of Citi’s consumer banking businesses in Malaysia, Thailand and Vietnam has brought the bank’s regional retail customer count to over seven million as at March 31.</p><p>When it completes its acquisition of Citi’s consumer business in Indonesia, the bank’s customer count will have close to eight million customers, says UOB.</p><p>“Our transformative decision to acquire Citigroup’s consumer businesses in four Asean markets during the pandemic has proven to be very timely, positioning us well as consumer spending returns with a vengeance,” says Jacquelyn Tan, head of group personal financial services at UOB.</p><p>The four markets are also expected to provide an additional $1 billion to UOB’s revenue on a full-year basis in addition to building stronger resilience with diversification in its geographical and revenue mix.</p><p>Prior to the acquisition, 70% of UOB’s portfolio was in Singapore versus 30% in the region. After the acquisition, UOB’s Singapore portfolio is now at 60% compared to the region’s 40%.</p><p>In the 1QFY2023 ended March, UOB saw its net credit card fees almost doubling y-o-y with Citi’s portfolio contributing a quarter to the amount. Loans and deposits grew by almost 10% and 15% y-o-y in the 1QFY2023 as well following the acquisition.</p><p>During the same period, the Asean-4, which is made up of Malaysia, Thailand, Indonesia and Vietnam accounted for over 35% of the bank’s group personal financial services income. UOB’s network of branches in Malaysia, Thailand and Vietnam also grew by 15 as of March.</p><p>In the 1QFY2023, total cross-border billings for UOB’s credit cards in Asean grew almost three times y-o-y.</p><p>The bank’s total income from its unsecured business is also expected to almost double by the end of FY2023.</p><p>Following the acquisition, UOB is now the top in consumer card spend for <a href=\"https://laohu8.com/S/V\">Visa</a> in Asean. The bank is also the top issuer of MasterCard for credit cards in the region, notes Tan.</p><p>“These are two huge achievements, altogether. [It] also speaks of the size and the presence that we have individual countries on top of Singapore,” she says.</p><p>In Singapore, about 1.3 million UOB credit cards are in use today, which translates to about one in two cardholders in Singapore that holds a card from the bank.</p><p>“Aside from the Citi acquisition that loaded about close to - by the end of the four countries - more than two million customers organically. Annually, we onboard about 800,000 customers, of which more than 50% are digitally acquired through our UOB TMRW platform. That is a nice complement of both organic as well as inorganic growth to build up our franchise,” she adds.</p><p>According to UOB, the figures bode well and are in line with the bullish forecasts for Asean and the Asia-Pacific (APAC) region compared to the rest of the world. In its statement, UOB highlighted that the International Monetary Fund (IMF) estimated that APAC will see overall GDP growth of 4.6% in 2023, up 0.6% from the year before and above the forecasts of a 2.8% global growth in GDP.</p><p>The Asian Development Bank had also forecasted that Southeast Asia’s GDP growth will keep pace at 4.7% in 2023 amid the global headwinds.</p></body></html>","source":"edge_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>UOB’s Acquisition of Citi’s Consumer Banking Businesses in Malaysia, Thailand, Vietnam Brings Customers to Over 7 Mil</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUOB’s Acquisition of Citi’s Consumer Banking Businesses in Malaysia, Thailand, Vietnam Brings Customers to Over 7 Mil\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-05-11 14:05 GMT+8 <a href=https://www.theedgesingapore.com/news/banking-finance/uobs-acquisition-citis-consumer-banking-businesses-malaysia-thailand-vietnam?utm_source=Blog&utm_medium=RSS&utm_campaign=Tiger_Brokers_app_RSS><strong>Felicia Tan</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The completion of United Overseas Bank’s (UOB) acquisition of Citi’s consumer banking businesses in Malaysia, Thailand and Vietnam has brought the bank’s regional retail customer count to over seven ...</p>\n\n<a href=\"https://www.theedgesingapore.com/news/banking-finance/uobs-acquisition-citis-consumer-banking-businesses-malaysia-thailand-vietnam?utm_source=Blog&utm_medium=RSS&utm_campaign=Tiger_Brokers_app_RSS\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"U11.SI":"大华银行"},"source_url":"https://www.theedgesingapore.com/news/banking-finance/uobs-acquisition-citis-consumer-banking-businesses-malaysia-thailand-vietnam?utm_source=Blog&utm_medium=RSS&utm_campaign=Tiger_Brokers_app_RSS","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2334440716","content_text":"The completion of United Overseas Bank’s (UOB) acquisition of Citi’s consumer banking businesses in Malaysia, Thailand and Vietnam has brought the bank’s regional retail customer count to over seven million as at March 31.When it completes its acquisition of Citi’s consumer business in Indonesia, the bank’s customer count will have close to eight million customers, says UOB.“Our transformative decision to acquire Citigroup’s consumer businesses in four Asean markets during the pandemic has proven to be very timely, positioning us well as consumer spending returns with a vengeance,” says Jacquelyn Tan, head of group personal financial services at UOB.The four markets are also expected to provide an additional $1 billion to UOB’s revenue on a full-year basis in addition to building stronger resilience with diversification in its geographical and revenue mix.Prior to the acquisition, 70% of UOB’s portfolio was in Singapore versus 30% in the region. After the acquisition, UOB’s Singapore portfolio is now at 60% compared to the region’s 40%.In the 1QFY2023 ended March, UOB saw its net credit card fees almost doubling y-o-y with Citi’s portfolio contributing a quarter to the amount. Loans and deposits grew by almost 10% and 15% y-o-y in the 1QFY2023 as well following the acquisition.During the same period, the Asean-4, which is made up of Malaysia, Thailand, Indonesia and Vietnam accounted for over 35% of the bank’s group personal financial services income. UOB’s network of branches in Malaysia, Thailand and Vietnam also grew by 15 as of March.In the 1QFY2023, total cross-border billings for UOB’s credit cards in Asean grew almost three times y-o-y.The bank’s total income from its unsecured business is also expected to almost double by the end of FY2023.Following the acquisition, UOB is now the top in consumer card spend for Visa in Asean. The bank is also the top issuer of MasterCard for credit cards in the region, notes Tan.“These are two huge achievements, altogether. [It] also speaks of the size and the presence that we have individual countries on top of Singapore,” she says.In Singapore, about 1.3 million UOB credit cards are in use today, which translates to about one in two cardholders in Singapore that holds a card from the bank.“Aside from the Citi acquisition that loaded about close to - by the end of the four countries - more than two million customers organically. Annually, we onboard about 800,000 customers, of which more than 50% are digitally acquired through our UOB TMRW platform. That is a nice complement of both organic as well as inorganic growth to build up our franchise,” she adds.According to UOB, the figures bode well and are in line with the bullish forecasts for Asean and the Asia-Pacific (APAC) region compared to the rest of the world. In its statement, UOB highlighted that the International Monetary Fund (IMF) estimated that APAC will see overall GDP growth of 4.6% in 2023, up 0.6% from the year before and above the forecasts of a 2.8% global growth in GDP.The Asian Development Bank had also forecasted that Southeast Asia’s GDP growth will keep pace at 4.7% in 2023 amid the global headwinds.","news_type":1},"isVote":1,"tweetType":1,"viewCount":2,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9970033953,"gmtCreate":1683700388173,"gmtModify":1683700391803,"author":{"id":"3582969710070724","authorId":"3582969710070724","name":"OO_898","avatar":"https://static.tigerbbs.com/9fb3c360d5d7711641a868a144192fc7","crmLevel":3,"crmLevelSwitch":0},"themes":[],"htmlText":"Like ","listText":"Like ","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/m/post/9970033953","repostId":"1144657403","repostType":4,"repost":{"id":"1144657403","pubTimestamp":1683697994,"share":"https://www.laohu8.com/m/news/1144657403?lang=&edition=full","pubTime":"2023-05-10 13:53","market":"us","language":"en","title":"CPI Preview: Inflation Expected to Remain Elevated in April As Rate Hike Risks Loom","url":"https://stock-news.laohu8.com/highlight/detail?id=1144657403","media":"Yahoo Finance","summary":"A closely-watched report on US inflation is expected to show that consumer prices remained elevated ","content":"<html><head></head><body><p>A closely-watched report on US inflation is expected to show that consumer prices remained elevated last month, consistent with the levels seen in March.</p><p style=\"text-align: start;\">April's Consumer Price Index (CPI) is forecasted to rise 5% over the prior year, matching March's annual gain, according to estimates from Bloomberg.</p><p style=\"text-align: start;\">The increase would still be significantly above the Federal Reserve's 2% target. The Fed has been raising interest rates to try to bring down inflation, but the central bank risks sending the economy into a recession by hiking rates too high too fast. Last week, the Fed signaled it could pause its hikes, saying it would assess incoming data ahead of its next meeting in June.</p><p>Over the prior month, consumer prices are expected to have risen 0.4% in April, up from the 0.1% monthly increase seen in March.</p><p style=\"text-align: start;\">On a "core" basis, which strips out the more volatile costs of food and gas, prices in April are expected to have risen 0.4% over the prior month and 5.5% over last year, according to Bloomberg data.</p><p style=\"text-align: start;\">Here's what to expect compare to March's numbers:</p><ul><li><p><strong>Headline inflation (YoY): </strong>+5.0% expected versus March's +5.0%</p></li><li><p><strong>Headline inflation (MoM): </strong>+0.4% expected versus March's 0.1%</p></li><li><p><strong>"Core" inflation (YoY): </strong>+5.5% expected versus March's +5.6%</p></li><li><p><strong>"Core" inflation (MoM): </strong>+0.4% expected versus March's +0.4%</p></li></ul><p style=\"text-align: start;\">"As we have been saying for some time now, we expect that slowing economic activity will trigger a material deceleration in inflation, but the path back to 2% will be long and bumpy," Wells Fargo wrote in a note on Friday, adding elevated gas prices will likely push headline inflation higher on a month-over-month basis.</p><p style=\"text-align: start;\">UBS also anticipates a "solid" CPI print, which, coupled with strong average hourly earnings, adds to risks the Fed could once again raise rates in June. Still, the bank maintained its view that the May meeting's rate hike was the last increase of the hiking cycle.</p><p style=\"text-align: start;\">"How the FOMC participants communicate that remains to be seen, particularly with the potential for divergent opinions on the Committee," UBS said in a note on Friday. "Things could get noisy, and noisy could mean volatile."</p><p style=\"text-align: start;\"></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e82e3f130509a67bb06b6a757525c879\" tg-width=\"714\" tg-height=\"577\"/></p><p style=\"text-align: start;\">Ahead of the release of Wednesday's inflation data, markets were pricing in an 83% chance the Federal Reserve keeps rates unchanged in June, according to data from the CME Group.</p><p style=\"text-align: start;\">The April CPI data comes after a strong jobs report last Friday. The report contained revisions to jobs numbers for March and February, though, indicating a resilient but cooling labor market and giving investors hope the Fed would pause its hikes.</p></body></html>","source":"yahoofinance_sg","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>CPI Preview: Inflation Expected to Remain Elevated in April As Rate Hike Risks Loom</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCPI Preview: Inflation Expected to Remain Elevated in April As Rate Hike Risks Loom\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-05-10 13:53 GMT+8 <a href=https://finance.yahoo.com/news/cpi-preview-inflation-expected-to-remain-elevated-in-april-as-rate-hike-risks-loom-144811803.html><strong>Yahoo Finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>A closely-watched report on US inflation is expected to show that consumer prices remained elevated last month, consistent with the levels seen in March.April's Consumer Price Index (CPI) is ...</p>\n\n<a href=\"https://finance.yahoo.com/news/cpi-preview-inflation-expected-to-remain-elevated-in-april-as-rate-hike-risks-loom-144811803.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://finance.yahoo.com/news/cpi-preview-inflation-expected-to-remain-elevated-in-april-as-rate-hike-risks-loom-144811803.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1144657403","content_text":"A closely-watched report on US inflation is expected to show that consumer prices remained elevated last month, consistent with the levels seen in March.April's Consumer Price Index (CPI) is forecasted to rise 5% over the prior year, matching March's annual gain, according to estimates from Bloomberg.The increase would still be significantly above the Federal Reserve's 2% target. The Fed has been raising interest rates to try to bring down inflation, but the central bank risks sending the economy into a recession by hiking rates too high too fast. Last week, the Fed signaled it could pause its hikes, saying it would assess incoming data ahead of its next meeting in June.Over the prior month, consumer prices are expected to have risen 0.4% in April, up from the 0.1% monthly increase seen in March.On a \"core\" basis, which strips out the more volatile costs of food and gas, prices in April are expected to have risen 0.4% over the prior month and 5.5% over last year, according to Bloomberg data.Here's what to expect compare to March's numbers:Headline inflation (YoY): +5.0% expected versus March's +5.0%Headline inflation (MoM): +0.4% expected versus March's 0.1%\"Core\" inflation (YoY): +5.5% expected versus March's +5.6%\"Core\" inflation (MoM): +0.4% expected versus March's +0.4%\"As we have been saying for some time now, we expect that slowing economic activity will trigger a material deceleration in inflation, but the path back to 2% will be long and bumpy,\" Wells Fargo wrote in a note on Friday, adding elevated gas prices will likely push headline inflation higher on a month-over-month basis.UBS also anticipates a \"solid\" CPI print, which, coupled with strong average hourly earnings, adds to risks the Fed could once again raise rates in June. Still, the bank maintained its view that the May meeting's rate hike was the last increase of the hiking cycle.\"How the FOMC participants communicate that remains to be seen, particularly with the potential for divergent opinions on the Committee,\" UBS said in a note on Friday. \"Things could get noisy, and noisy could mean volatile.\"Ahead of the release of Wednesday's inflation data, markets were pricing in an 83% chance the Federal Reserve keeps rates unchanged in June, according to data from the CME Group.The April CPI data comes after a strong jobs report last Friday. The report contained revisions to jobs numbers for March and February, though, indicating a resilient but cooling labor market and giving investors hope the Fed would pause its hikes.","news_type":1},"isVote":1,"tweetType":1,"viewCount":1,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9947713357,"gmtCreate":1683597542079,"gmtModify":1683597545694,"author":{"id":"3582969710070724","authorId":"3582969710070724","name":"OO_898","avatar":"https://static.tigerbbs.com/9fb3c360d5d7711641a868a144192fc7","crmLevel":3,"crmLevelSwitch":0},"themes":[],"htmlText":"Like ","listText":"Like ","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/m/post/9947713357","repostId":"2333232379","repostType":2,"repost":{"id":"2333232379","pubTimestamp":1683596079,"share":"https://www.laohu8.com/m/news/2333232379?lang=&edition=full","pubTime":"2023-05-09 09:34","market":"us","language":"en","title":"Apple Sells $5.25 Billion in Five-Part Dollar Bond Sale","url":"https://stock-news.laohu8.com/highlight/detail?id=2333232379","media":"Bloomberg","summary":"Bond deal is slightly higher than initial $5 billion targetDebt sale will be ‘very well received by ","content":"<html><head></head><body><ul><li><p>Bond deal is slightly higher than initial $5 billion target</p></li><li><p>Debt sale will be ‘very well received by the market’: Invesco</p></li></ul><p><a href=\"https://laohu8.com/S/AAPL\">Apple Inc.</a> tapped the US blue-chip bond market Monday as a flood of borrowers raise cash ahead of key inflation readings later this week.</p><p style=\"text-align: start;\">The Cupertino, California-based company sold bonds in a five-part, $5.25 billion deal which was originally targeted at about $5 billion, according to a person familiar with the matter. The longest portion, a 30-year bond, will yield 108 basis points over comparable Treasuries, less than the roughly 135 basis points initially discussed, said the person, who asked not to be identified because the discussions are private.</p><p style=\"text-align: start;\">Dealers surveyed by Bloomberg are expecting $30 billion to $35 billion of US high-grade bond sales this week as corporate debt markets show signs of stabilizing. A total of 11 companies are set to issue $22.55 billion of fresh debt on Monday, locking in funding before the release of the consumer price index on Wednesday, followed by the producer price index Thursday. T-Mobile US Inc. and Merck & Co. Inc. also brought $3.5 billion and $6 billion in bonds, respectively.</p><p style=\"text-align: start;\">Proceeds from Apple’s sale will be used for general corporate purposes. That could include stock repurchases, dividend payments, working capital, capital expenditures, acquisitions and repayment of debt, the person said. The sale was the first for Apple since it sold $5.5 billion to fund buybacks and dividends in August.</p><p>Apple’s decision to issue billions in new debt is “due more to its confidence in expanding cash flow than operational needs,” Robert Schiffman, senior credit analyst at Bloomberg Intelligence, wrote in a note. The five-tranche bond issuance should further benefit the company’s net-cash-neutral goal, he said.</p><p style=\"text-align: start;\">The deal is “going to be very well received by the market,” Rob Waldner, chief fixed income strategist and head of macro research at Invesco, said on Bloomberg TV before the deal priced. “We have seen quite a lot of demand for high quality fixed income.” </p><p style=\"text-align: start;\">Representatives for Apple did not respond to a request for comment. T-Mobile and Merck did not immediately respond to a comment request.</p><p style=\"text-align: start;\">Apple is the second mega-cap tech issuer to sell bonds after reporting earnings. Facebook parent Meta Platforms Inc. raised $8.5 billion in its second ever bond sale last week. </p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple Sells $5.25 Billion in Five-Part Dollar Bond Sale</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple Sells $5.25 Billion in Five-Part Dollar Bond Sale\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-05-09 09:34 GMT+8 <a href=https://www.bloomberg.com/news/articles/2023-05-08/apple-tapping-us-high-grade-bond-market-for-debt-in-five-parts><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Bond deal is slightly higher than initial $5 billion targetDebt sale will be ‘very well received by the market’: InvescoApple Inc. tapped the US blue-chip bond market Monday as a flood of borrowers ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2023-05-08/apple-tapping-us-high-grade-bond-market-for-debt-in-five-parts\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://www.bloomberg.com/news/articles/2023-05-08/apple-tapping-us-high-grade-bond-market-for-debt-in-five-parts","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2333232379","content_text":"Bond deal is slightly higher than initial $5 billion targetDebt sale will be ‘very well received by the market’: InvescoApple Inc. tapped the US blue-chip bond market Monday as a flood of borrowers raise cash ahead of key inflation readings later this week.The Cupertino, California-based company sold bonds in a five-part, $5.25 billion deal which was originally targeted at about $5 billion, according to a person familiar with the matter. The longest portion, a 30-year bond, will yield 108 basis points over comparable Treasuries, less than the roughly 135 basis points initially discussed, said the person, who asked not to be identified because the discussions are private.Dealers surveyed by Bloomberg are expecting $30 billion to $35 billion of US high-grade bond sales this week as corporate debt markets show signs of stabilizing. A total of 11 companies are set to issue $22.55 billion of fresh debt on Monday, locking in funding before the release of the consumer price index on Wednesday, followed by the producer price index Thursday. T-Mobile US Inc. and Merck & Co. Inc. also brought $3.5 billion and $6 billion in bonds, respectively.Proceeds from Apple’s sale will be used for general corporate purposes. That could include stock repurchases, dividend payments, working capital, capital expenditures, acquisitions and repayment of debt, the person said. The sale was the first for Apple since it sold $5.5 billion to fund buybacks and dividends in August.Apple’s decision to issue billions in new debt is “due more to its confidence in expanding cash flow than operational needs,” Robert Schiffman, senior credit analyst at Bloomberg Intelligence, wrote in a note. The five-tranche bond issuance should further benefit the company’s net-cash-neutral goal, he said.The deal is “going to be very well received by the market,” Rob Waldner, chief fixed income strategist and head of macro research at Invesco, said on Bloomberg TV before the deal priced. “We have seen quite a lot of demand for high quality fixed income.” Representatives for Apple did not respond to a request for comment. T-Mobile and Merck did not immediately respond to a comment request.Apple is the second mega-cap tech issuer to sell bonds after reporting earnings. Facebook parent Meta Platforms Inc. raised $8.5 billion in its second ever bond sale last week.","news_type":1},"isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9947433874,"gmtCreate":1683433672498,"gmtModify":1683433675948,"author":{"id":"3582969710070724","authorId":"3582969710070724","name":"OO_898","avatar":"https://static.tigerbbs.com/9fb3c360d5d7711641a868a144192fc7","crmLevel":3,"crmLevelSwitch":0},"themes":[{"themeId":"b7ecf0c29eb04310a449cf185e84813c","categoryId":"2929bb7468f5415f853fd96fb35d7c3b","name":"Focus on Berkshire’s Annual Meeting","type":2,"rnLink":"https://laohu8.com/RN?name=RNTheme&page=/theme/special/finance&rndata={\"themeId\":b7ecf0c29eb04310a449cf185e84813c}&rnconfig={\"headerBarHidden\": true}","description":"Warren Buffett and Charlie Munger addressed queries from shareholders about Berkshire’s business performance, their thoughts on macroeconomic issues and the recent banking turmoil.","image":"https://community-static.tradeup.com/news/a475a6e2cc77541f435cc6480b012695","follow":false,"allowFollow":true,"jumpValue":""}],"htmlText":"Like ","listText":"Like ","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/m/post/9947433874","repostId":"2333499507","repostType":4,"repost":{"id":"2333499507","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1683416463,"share":"https://www.laohu8.com/m/news/2333499507?lang=&edition=full","pubTime":"2023-05-07 07:41","market":"us","language":"en","title":"Buffett Says Apple Is Berkshire Portfolio's Best Business","url":"https://stock-news.laohu8.com/highlight/detail?id=2333499507","media":"Reuters","summary":"OMAHA/NEW YORK May 6 (Reuters) - Warren Buffett said on Saturday that Apple Inc is a better business","content":"<html><head></head><body><p>OMAHA/NEW YORK May 6 (Reuters) - Warren Buffett said on Saturday that Apple Inc is a better business than any other in Berkshire Hathaway Inc's portfolio.</p><p>"Apple is different than the other businesses we own. It just happens to be a better business," said Buffett during Berkshire's annual meeting in Omaha, Nebraska.</p><p>Berkshire revealed a $1 billion stake in Apple in May 2016, and by March 2023 had boosted that stake to $151 billion, accounting for 46% of its $328 billion equity portfolio,</p><p>Buffett has long praised Apple CEO Tim Cook, and viewed Apple less as a technology company and more as a consumer products company with a dominant product, the iPhone, that people want and need.</p><p>Berkshire has recently held a 5.6% stake in Apple, and Buffett said it could buy more.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Buffett Says Apple Is Berkshire Portfolio's Best Business</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBuffett Says Apple Is Berkshire Portfolio's Best Business\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2023-05-07 07:41</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>OMAHA/NEW YORK May 6 (Reuters) - Warren Buffett said on Saturday that Apple Inc is a better business than any other in Berkshire Hathaway Inc's portfolio.</p><p>"Apple is different than the other businesses we own. It just happens to be a better business," said Buffett during Berkshire's annual meeting in Omaha, Nebraska.</p><p>Berkshire revealed a $1 billion stake in Apple in May 2016, and by March 2023 had boosted that stake to $151 billion, accounting for 46% of its $328 billion equity portfolio,</p><p>Buffett has long praised Apple CEO Tim Cook, and viewed Apple less as a technology company and more as a consumer products company with a dominant product, the iPhone, that people want and need.</p><p>Berkshire has recently held a 5.6% stake in Apple, and Buffett said it could buy more.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BRK.A":"伯克希尔","AAPL":"苹果","BRK.B":"伯克希尔B"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2333499507","content_text":"OMAHA/NEW YORK May 6 (Reuters) - Warren Buffett said on Saturday that Apple Inc is a better business than any other in Berkshire Hathaway Inc's portfolio.\"Apple is different than the other businesses we own. It just happens to be a better business,\" said Buffett during Berkshire's annual meeting in Omaha, Nebraska.Berkshire revealed a $1 billion stake in Apple in May 2016, and by March 2023 had boosted that stake to $151 billion, accounting for 46% of its $328 billion equity portfolio,Buffett has long praised Apple CEO Tim Cook, and viewed Apple less as a technology company and more as a consumer products company with a dominant product, the iPhone, that people want and need.Berkshire has recently held a 5.6% stake in Apple, and Buffett said it could buy more.","news_type":1},"isVote":1,"tweetType":1,"viewCount":69,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9947592278,"gmtCreate":1683267269194,"gmtModify":1683267272918,"author":{"id":"3582969710070724","authorId":"3582969710070724","name":"OO_898","avatar":"https://static.tigerbbs.com/9fb3c360d5d7711641a868a144192fc7","crmLevel":3,"crmLevelSwitch":0},"themes":[],"htmlText":"Like ","listText":"Like ","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/m/post/9947592278","repostId":"2333110385","repostType":2,"repost":{"id":"2333110385","pubTimestamp":1683252082,"share":"https://www.laohu8.com/m/news/2333110385?lang=&edition=full","pubTime":"2023-05-05 10:01","market":"sg","language":"en","title":"Sheng Siong’s Gross Margin Continues to Climb: 5 Highlights from the Retailer’s Latest Earnings","url":"https://stock-news.laohu8.com/highlight/detail?id=2333110385","media":"The Smart Investor","summary":"The retailer is seeing a normalisation of demand with people travelling and eating out.","content":"<html><head></head><body><p>It is hard to miss the bustling crowds in shopping malls and food centres as more people eat out this year.</p><p>This phenomenon is a sea change compared to the same period last year when COVID-19 community and border measures were only eased from late April onwards.</p><p><strong>Sheng Siong Group</strong> (SGX: OV8) is seeing the effects of these measures in its latest fiscal 2023’s first quarter (1Q 2023) earnings.</p><p>The good news is that the retailer has managed to continue to increase its gross margin to compensate for the year-on-year dip in revenue.</p><p>Despite the weaker results, Sheng Siong is determined to push on with its expansion plans.</p><p>Here are five highlights from the supermarket operator’s latest earnings.</p><h2>1. A mixed set of financials</h2><p>Revenue for 1Q 2023 dipped by 0.4% year on year to S$356.5 million as demand normalised with the easing of pandemic-related measures.</p><p>However, gross profit managed to inch up 0.1% year on year to S$102.8 million as gross margin improved from 28.7% in 1Q 2022 to 28.8% in 1Q 2023.</p><p>Other income fell from S$3.3 million a year ago to S$2.4 million because of lower government grants and the sale of scrap material, offset by higher rental income.</p><p>Administrative expenses rose 6.5% year on year to S$63.2 million mainly due to two reasons – higher utility costs as Sheng Siong renewed its electricity supply agreement at the end of 2022, and higher staff costs.</p><p>Although finance income jumped more than sevenfold year on year to S$2.7 million, net profit still fell by 5.2% year on year to S$33.4 million.</p><p>Despite the lower profit, Sheng Siong continued to maintain a sturdy balance sheet with S$283.1 million of cash and no debt.</p><p>The supermarket retailer also generated positive free cash flow of S$13.9 million for the quarter, though it was down 31% year on year from the prior year’s S$20.1 million.</p><h2>2. Gross margin continues to climb</h2><p>When Sheng Siong released its 2022 earnings, we highlighted how the retailer managed to consistently increase its gross margin.</p><p>Last year, the group managed to lift its gross margin from 28.7% to 29.4% through a more favourable sales mix of higher-margin items.</p><p>This trend has continued into 1Q 2023.</p><p>Gross margin saw a small uptick to 28.8% for the quarter, up 0.1 percentage points, due to a sales mix with products of higher margins.</p><p>Compared with 1Q 2020, the gross margin had improved by nearly two percentage points from 27%.</p><h2>3. Store expansion gathers pace</h2><p>Sheng Siong’s modus operandi is to grow its business through steady store expansion.</p><p>It has managed to do so even through the pandemic years of 2020 to 2022 when store count jumped from 59 at end-2019 to 67 by the end of 2022.</p><p>As of 31 March 2023, the supermarket operator owned and operated 68 stores, with one new store opened during 1Q 2023.</p><p>The total retail area has hit a historical high of 613,100 square feet, more than 50% higher than its store footprint of 400,000 square feet a decade ago.</p><h2>4. Room for further growth</h2><p>Investors may be wondering if the retailer can continue to grow given that Singapore is a small country.</p><p>Management plans to open at least three new stores per year and with the pandemic behind it, construction of HDB flats should also resume its normal schedule.</p><p>The government is ramping up its public housing supply to meet strong demand and clear the backlog accumulated during the pandemic years.</p><p>National Development Minister Desmond Lee said that there will be 150 concurrent built-to-order (BTO) projects by 2025.</p><p>This year alone, HDB will launch around 23,000 BTO flats in areas such as Tengah and Jurong West.</p><p>There will be ample opportunities for Sheng Siong to bid for new sites to open new stores and continue its expansion plan.</p><p>The group is also due to open its fifth store in Kunming, China.</p><h2>5. A cautious outlook</h2><p>Management has provided a cautious outlook as events such as the US banking crisis, persistent inflation, and high interest rates dampen consumer spending.</p><p>The good news is that higher prices may prompt some customers to switch to cheaper alternatives such as Sheng Siong’s numerous house brand products, helping to drive sales in this area.</p><p>However, higher energy prices and consistent in-store promotions will negatively impact margins and translate to lower net profit even as Sheng Siong grows its top line.</p><p>There is also the chance that Singapore may enter a technical recession this year which may further crimp consumers’ propensity to spend.</p></body></html>","source":"thesmartinvestor_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Sheng Siong’s Gross Margin Continues to Climb: 5 Highlights from the Retailer’s Latest Earnings</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSheng Siong’s Gross Margin Continues to Climb: 5 Highlights from the Retailer’s Latest Earnings\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-05-05 10:01 GMT+8 <a href=https://thesmartinvestor.com.sg/sheng-siongs-gross-margin-continues-to-climb-5-highlights-from-the-retailers-latest-earnings/><strong>The Smart Investor</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>It is hard to miss the bustling crowds in shopping malls and food centres as more people eat out this year.This phenomenon is a sea change compared to the same period last year when COVID-19 community...</p>\n\n<a href=\"https://thesmartinvestor.com.sg/sheng-siongs-gross-margin-continues-to-climb-5-highlights-from-the-retailers-latest-earnings/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"OV8.SI":"昇菘"},"source_url":"https://thesmartinvestor.com.sg/sheng-siongs-gross-margin-continues-to-climb-5-highlights-from-the-retailers-latest-earnings/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2333110385","content_text":"It is hard to miss the bustling crowds in shopping malls and food centres as more people eat out this year.This phenomenon is a sea change compared to the same period last year when COVID-19 community and border measures were only eased from late April onwards.Sheng Siong Group (SGX: OV8) is seeing the effects of these measures in its latest fiscal 2023’s first quarter (1Q 2023) earnings.The good news is that the retailer has managed to continue to increase its gross margin to compensate for the year-on-year dip in revenue.Despite the weaker results, Sheng Siong is determined to push on with its expansion plans.Here are five highlights from the supermarket operator’s latest earnings.1. A mixed set of financialsRevenue for 1Q 2023 dipped by 0.4% year on year to S$356.5 million as demand normalised with the easing of pandemic-related measures.However, gross profit managed to inch up 0.1% year on year to S$102.8 million as gross margin improved from 28.7% in 1Q 2022 to 28.8% in 1Q 2023.Other income fell from S$3.3 million a year ago to S$2.4 million because of lower government grants and the sale of scrap material, offset by higher rental income.Administrative expenses rose 6.5% year on year to S$63.2 million mainly due to two reasons – higher utility costs as Sheng Siong renewed its electricity supply agreement at the end of 2022, and higher staff costs.Although finance income jumped more than sevenfold year on year to S$2.7 million, net profit still fell by 5.2% year on year to S$33.4 million.Despite the lower profit, Sheng Siong continued to maintain a sturdy balance sheet with S$283.1 million of cash and no debt.The supermarket retailer also generated positive free cash flow of S$13.9 million for the quarter, though it was down 31% year on year from the prior year’s S$20.1 million.2. Gross margin continues to climbWhen Sheng Siong released its 2022 earnings, we highlighted how the retailer managed to consistently increase its gross margin.Last year, the group managed to lift its gross margin from 28.7% to 29.4% through a more favourable sales mix of higher-margin items.This trend has continued into 1Q 2023.Gross margin saw a small uptick to 28.8% for the quarter, up 0.1 percentage points, due to a sales mix with products of higher margins.Compared with 1Q 2020, the gross margin had improved by nearly two percentage points from 27%.3. Store expansion gathers paceSheng Siong’s modus operandi is to grow its business through steady store expansion.It has managed to do so even through the pandemic years of 2020 to 2022 when store count jumped from 59 at end-2019 to 67 by the end of 2022.As of 31 March 2023, the supermarket operator owned and operated 68 stores, with one new store opened during 1Q 2023.The total retail area has hit a historical high of 613,100 square feet, more than 50% higher than its store footprint of 400,000 square feet a decade ago.4. Room for further growthInvestors may be wondering if the retailer can continue to grow given that Singapore is a small country.Management plans to open at least three new stores per year and with the pandemic behind it, construction of HDB flats should also resume its normal schedule.The government is ramping up its public housing supply to meet strong demand and clear the backlog accumulated during the pandemic years.National Development Minister Desmond Lee said that there will be 150 concurrent built-to-order (BTO) projects by 2025.This year alone, HDB will launch around 23,000 BTO flats in areas such as Tengah and Jurong West.There will be ample opportunities for Sheng Siong to bid for new sites to open new stores and continue its expansion plan.The group is also due to open its fifth store in Kunming, China.5. A cautious outlookManagement has provided a cautious outlook as events such as the US banking crisis, persistent inflation, and high interest rates dampen consumer spending.The good news is that higher prices may prompt some customers to switch to cheaper alternatives such as Sheng Siong’s numerous house brand products, helping to drive sales in this area.However, higher energy prices and consistent in-store promotions will negatively impact margins and translate to lower net profit even as Sheng Siong grows its top line.There is also the chance that Singapore may enter a technical recession this year which may further crimp consumers’ propensity to spend.","news_type":1},"isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9947387682,"gmtCreate":1682578472747,"gmtModify":1682578476402,"author":{"id":"3582969710070724","authorId":"3582969710070724","name":"OO_898","avatar":"https://static.tigerbbs.com/9fb3c360d5d7711641a868a144192fc7","crmLevel":3,"crmLevelSwitch":0},"themes":[],"htmlText":"Like ","listText":"Like ","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/m/post/9947387682","repostId":"1188175337","repostType":2,"repost":{"id":"1188175337","pubTimestamp":1682560321,"share":"https://www.laohu8.com/m/news/1188175337?lang=&edition=full","pubTime":"2023-04-27 09:52","market":"sg","language":"en","title":"4 Singapore REITs Are Hitting Fresh 52-Week Lows: Are They a Bargain?","url":"https://stock-news.laohu8.com/highlight/detail?id=1188175337","media":"The Smart Investor","summary":"These REITs are plumbing new 52-week lows even as interest rates show signs of stabilising. Could th","content":"<html><head></head><body><p>These REITs are plumbing new 52-week lows even as interest rates show signs of stabilising. Could they be a glaring bargain for investors?</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/51c3977e462dff3374adbeb1fca9ea74\" alt=\"\" title=\"\" tg-width=\"800\" tg-height=\"533\"/></p><p>REITs are well-known for being dependable dividend instruments.</p><p style=\"text-align: start;\">Income-seeking investors rely on them to dole out a steady and reliable stream of passive income.</p><p style=\"text-align: start;\">Not all REITs are made the same, though.</p><p style=\"text-align: start;\">With Singapore being a REIT hub, there are many different types of REITs with exposure to different regions, countries and sub-segments.</p><p style=\"text-align: start;\">Investors need to carefully scrutinise the facts to assess if a REIT may be running into temporary problems, or if there is a structural weakness in the areas it operates.</p><p style=\"text-align: start;\">We highlight four Singapore REITs whose unit prices are touching a year-low.</p><p style=\"text-align: start;\">Some of these could be bargains that may make you want to include them in your dividend watchlist.</p><h2 style=\"text-align: start;\">OUE Commercial REIT (SGX: TS0U)</h2><p style=\"text-align: start;\">OUE Commercial REIT, or OUECR, is a diversified REIT with seven properties spread across the commercial and hospitality sectors in both Singapore and Shanghai.</p><p style=\"text-align: start;\">The REIT’s assets under management (AUM) stood at S$6 billion as of 31 December 2022.</p><p style=\"text-align: start;\">OUECR’s unit price has tumbled by 23.8% in the past year to S$0.32, just a whisker away from its 52-week low of S$0.30.</p><p style=\"text-align: start;\">The REIT reported a downbeat set of earnings for 2022, with revenue dipping by 3.4% year on year to S$241.5 million.</p><p style=\"text-align: start;\">Net property income (NPI) fell by 3.6% year on year while distribution per unit (DPU) slid by 18.5% year on year to S$0.0212.</p><p style=\"text-align: start;\">Things could be looking up for OUECR, though.</p><p style=\"text-align: start;\">It just completed the refurbishment of Hilton Singapore Orchard and its full inventory of 1,080 rooms has been available since the beginning of this year with the opening of the new Orchard Wing.</p><p style=\"text-align: start;\">What’s more, aggregate leverage has come down slightly from 40.3% in September 2022 to 38.8% in December 2022.</p><p style=\"text-align: start;\">The REIT also has no further refinancing requirement until September 2023 when 11.8% of its total debt is due.</p><p style=\"text-align: start;\">Elsewhere, OUECR’s property valuation has also inched up slightly by 2.6% year on year to S$6.17 billion as of 31 December 2022, alluding to the quality of its assets.</p><h2 style=\"text-align: start;\">Dasin Retail Trust (SGX: CEDU)</h2><p style=\"text-align: start;\">Dasin Retail Trust owns a portfolio of seven retail malls in the cities of Foshan, Zhuhai and Zhongshan in China.</p><p style=\"text-align: start;\">The REIT’s unit price has plunged by 53.3% in the space of a year to close at a 52-week low of S$0.14.</p><p style=\"text-align: start;\">For the first nine months of 2022 (9M 2022), the REIT saw a 7.8% year on year fall in revenue to S$70.7 million while NPI declined by 8.3% year-on-year to S$55.2 million.</p><p style=\"text-align: start;\">The manager of Dasin had, earlier this month, terminated the leases of two tenants, Xiaolan and E-Colour, as the rental has been in arrears since February 2021.</p><p style=\"text-align: start;\">These two tenants make up 6.2% of the REIT’s total gross rental income.</p><p style=\"text-align: start;\">Just this week, the retail REIT also terminated lease agreements with Carrefour China and Gome.</p><p style=\"text-align: start;\">Carrefour China was one of the anchor tenants for Dasin’s Ocean Metro Mall while Gome is the sixth largest tenant of the REIT.</p><h2 style=\"text-align: start;\">United Hampshire US REIT (SGX: ODBU)</h2><p style=\"text-align: start;\">United Hampshire US REIT, or UHREIT, is a US-based retail REIT with 21 predominantly-freehold grocery and necessity-based properties along with two self-storage properties.</p><p style=\"text-align: start;\">The AUM stood at US$738.7 million as of 31 December 2022.</p><p style=\"text-align: start;\">UHREIT’s unit price was cut by a third from S$0.63 to a 52-week low of S$0.42.</p><p style=\"text-align: start;\">For 2022, the retail REIT reported a 22.2% year on year jump in revenue to US$67.5 million.</p><p style=\"text-align: start;\">NPI improved by 12.2% year on year to US$47.1 million.</p><p style=\"text-align: start;\">However, DPU slid 3.6% year on year to US$0.0588.</p><p style=\"text-align: start;\">UHREIT enjoyed a high committed occupancy of 96.9% as of 31 December 2022.</p><p style=\"text-align: start;\">The manager has also announced a new development initiative in St Lucie West to build a property of approximately 63,000 square feet.</p><p style=\"text-align: start;\">To be completed in the first quarter of 2025, the asset will be on a 15-year lease to <strong>Academy Sports</strong> (NASDAQ: ASO), one of the largest sporting goods retailers in the US.</p><p style=\"text-align: start;\">Investors should also feel reassured as 81.4% of the REIT’s debts are on fixed rates.</p><h2 style=\"text-align: start;\">Elite Commercial REIT (SGX: MXNU)</h2><p style=\"text-align: start;\">Elite Commercial REIT is a UK commercial REIT with a portfolio of 155 freehold commercial buildings with a total value of £466.2 million as of 31 December 2022.</p><p style=\"text-align: start;\">Elite’s unit price has declined by 38.5% in the past year to hit a 52-week low of £0.40.</p><p style=\"text-align: start;\">For 2022, the REIT’s revenue rose 6.7% year on year to £37.1 million but its DPU fell by 11.4% year on year to £0.0481.</p><p style=\"text-align: start;\">The manager released some good news last week showing how 134 of the REIT’s assets will see their rent increase as their leases are pegged to the UK inflation rate.</p><p style=\"text-align: start;\">Only 11 properties will see a slight rental reduction.</p><p style=\"text-align: start;\">Because of this change, the revised rent per annum beginning 1 April 2023 has increased from £31.8 million to £36 million.</p><p style=\"text-align: start;\">Investors should see Elite Commercial REIT reporting higher revenue numbers moving forward while the REIT also enjoys a high occupancy rate of 97.9% as of 31 December 2022.</p></body></html>","source":"lsy1602567310727","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>4 Singapore REITs Are Hitting Fresh 52-Week Lows: Are They a Bargain?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n4 Singapore REITs Are Hitting Fresh 52-Week Lows: Are They a Bargain?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-04-27 09:52 GMT+8 <a href=https://thesmartinvestor.com.sg/4-singapore-reits-are-hitting-fresh-52-week-lows-are-they-a-bargain/><strong>The Smart Investor</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>These REITs are plumbing new 52-week lows even as interest rates show signs of stabilising. Could they be a glaring bargain for investors?REITs are well-known for being dependable dividend instruments...</p>\n\n<a href=\"https://thesmartinvestor.com.sg/4-singapore-reits-are-hitting-fresh-52-week-lows-are-they-a-bargain/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TS0U.SI":"华联商业信托","ODBU.SI":"UtdHampshReitUSD","CEDU.SI":"大信商用信托","MXNU.SI":"EliteComREIT GBP"},"source_url":"https://thesmartinvestor.com.sg/4-singapore-reits-are-hitting-fresh-52-week-lows-are-they-a-bargain/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1188175337","content_text":"These REITs are plumbing new 52-week lows even as interest rates show signs of stabilising. Could they be a glaring bargain for investors?REITs are well-known for being dependable dividend instruments.Income-seeking investors rely on them to dole out a steady and reliable stream of passive income.Not all REITs are made the same, though.With Singapore being a REIT hub, there are many different types of REITs with exposure to different regions, countries and sub-segments.Investors need to carefully scrutinise the facts to assess if a REIT may be running into temporary problems, or if there is a structural weakness in the areas it operates.We highlight four Singapore REITs whose unit prices are touching a year-low.Some of these could be bargains that may make you want to include them in your dividend watchlist.OUE Commercial REIT (SGX: TS0U)OUE Commercial REIT, or OUECR, is a diversified REIT with seven properties spread across the commercial and hospitality sectors in both Singapore and Shanghai.The REIT’s assets under management (AUM) stood at S$6 billion as of 31 December 2022.OUECR’s unit price has tumbled by 23.8% in the past year to S$0.32, just a whisker away from its 52-week low of S$0.30.The REIT reported a downbeat set of earnings for 2022, with revenue dipping by 3.4% year on year to S$241.5 million.Net property income (NPI) fell by 3.6% year on year while distribution per unit (DPU) slid by 18.5% year on year to S$0.0212.Things could be looking up for OUECR, though.It just completed the refurbishment of Hilton Singapore Orchard and its full inventory of 1,080 rooms has been available since the beginning of this year with the opening of the new Orchard Wing.What’s more, aggregate leverage has come down slightly from 40.3% in September 2022 to 38.8% in December 2022.The REIT also has no further refinancing requirement until September 2023 when 11.8% of its total debt is due.Elsewhere, OUECR’s property valuation has also inched up slightly by 2.6% year on year to S$6.17 billion as of 31 December 2022, alluding to the quality of its assets.Dasin Retail Trust (SGX: CEDU)Dasin Retail Trust owns a portfolio of seven retail malls in the cities of Foshan, Zhuhai and Zhongshan in China.The REIT’s unit price has plunged by 53.3% in the space of a year to close at a 52-week low of S$0.14.For the first nine months of 2022 (9M 2022), the REIT saw a 7.8% year on year fall in revenue to S$70.7 million while NPI declined by 8.3% year-on-year to S$55.2 million.The manager of Dasin had, earlier this month, terminated the leases of two tenants, Xiaolan and E-Colour, as the rental has been in arrears since February 2021.These two tenants make up 6.2% of the REIT’s total gross rental income.Just this week, the retail REIT also terminated lease agreements with Carrefour China and Gome.Carrefour China was one of the anchor tenants for Dasin’s Ocean Metro Mall while Gome is the sixth largest tenant of the REIT.United Hampshire US REIT (SGX: ODBU)United Hampshire US REIT, or UHREIT, is a US-based retail REIT with 21 predominantly-freehold grocery and necessity-based properties along with two self-storage properties.The AUM stood at US$738.7 million as of 31 December 2022.UHREIT’s unit price was cut by a third from S$0.63 to a 52-week low of S$0.42.For 2022, the retail REIT reported a 22.2% year on year jump in revenue to US$67.5 million.NPI improved by 12.2% year on year to US$47.1 million.However, DPU slid 3.6% year on year to US$0.0588.UHREIT enjoyed a high committed occupancy of 96.9% as of 31 December 2022.The manager has also announced a new development initiative in St Lucie West to build a property of approximately 63,000 square feet.To be completed in the first quarter of 2025, the asset will be on a 15-year lease to Academy Sports (NASDAQ: ASO), one of the largest sporting goods retailers in the US.Investors should also feel reassured as 81.4% of the REIT’s debts are on fixed rates.Elite Commercial REIT (SGX: MXNU)Elite Commercial REIT is a UK commercial REIT with a portfolio of 155 freehold commercial buildings with a total value of £466.2 million as of 31 December 2022.Elite’s unit price has declined by 38.5% in the past year to hit a 52-week low of £0.40.For 2022, the REIT’s revenue rose 6.7% year on year to £37.1 million but its DPU fell by 11.4% year on year to £0.0481.The manager released some good news last week showing how 134 of the REIT’s assets will see their rent increase as their leases are pegged to the UK inflation rate.Only 11 properties will see a slight rental reduction.Because of this change, the revised rent per annum beginning 1 April 2023 has increased from £31.8 million to £36 million.Investors should see Elite Commercial REIT reporting higher revenue numbers moving forward while the REIT also enjoys a high occupancy rate of 97.9% as of 31 December 2022.","news_type":1},"isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9947385928,"gmtCreate":1682576361864,"gmtModify":1682576366032,"author":{"id":"3582969710070724","authorId":"3582969710070724","name":"OO_898","avatar":"https://static.tigerbbs.com/9fb3c360d5d7711641a868a144192fc7","crmLevel":3,"crmLevelSwitch":0},"themes":[],"htmlText":"Like ","listText":"Like ","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/m/post/9947385928","repostId":"1170878757","repostType":2,"repost":{"id":"1170878757","pubTimestamp":1682575235,"share":"https://www.laohu8.com/m/news/1170878757?lang=&edition=full","pubTime":"2023-04-27 14:00","market":"sg","language":"en","title":"CGS-CIMB Positive on Yangzijiang As US$3 Bil Order Target for FY2023 Looks in Sight","url":"https://stock-news.laohu8.com/highlight/detail?id=1170878757","media":"The Edge Singapore","summary":"CGS-CIMB Research analysts have maintained their “add” recommendation for Yangzijiang Shipbuilding (","content":"<html><head></head><body><p>CGS-CIMB Research analysts have maintained their “add” recommendation for Yangzijiang Shipbuilding (Holdings) with an unchanged target price of $1.66.</p><p style=\"text-align: start;\">In their report dated April 25, analysts Lim Siew Khee and Izabella Tan say they expect gross margins to rise from the execution of Yangzijiang’s higher-valued contracts secured from FY2021.</p><p style=\"text-align: start;\">Year-to-date (ytd), Yangzijiang has secured order wins of US$1.18 billion ($1.58 billion) scheduled for delivery from FY2023 to FY2026, or 39% of its US$3 billion target for the full year.</p><p style=\"text-align: start;\">Orders secured this calendar year have consisted of 18 oil tankers, one Liquefied Ethylene Gas (LEG) vessel and 4 bulk carriers.</p><p style=\"text-align: start;\">The analysts point out that product tanker newbuild prices ytd have trended upwards by 8% to 10% y-o-y. Meanwhile, freight rates for Large-Range (LR) 2 tankers rose to a historical high of US$46,500 per day in April and Medium-Range (MR) tanker freight rates neared an all-time peak of US$32,000 per day in March.</p><p style=\"text-align: start;\">“We believe this reaffirms the firm tanker outlook that could underpin Yangzijiang’s FY2023 order win target of US$3 billion. We note that ytd order wins of US$1.18 billion are nearing Yangzijiang’s average order wins of US$1.4 billion per annum from FY2009 to FY2019,” say Lim and Tan.</p><p>In its contract negotiations, Yangzijiang has raised steel cost assumptions from RMB4,400 ($848.50) per tonne in 2022 to RMB5,000 per tonne in 2023, where steel prices have been trending. The company says it does not expect further increases to steel prices considering the relatively weaker demand from other industries, such as real estate in China.</p><p style=\"text-align: start;\">Meanwhile, contract prices have also trended upwards since 1QFY2021.</p><p style=\"text-align: start;\">While no financials were disclosed in the company’s 1QFY2023 update, the analysts note that Yangzijiang’s orderbook of US$10.98 billion continues to bear its previous peak of US$10.51 billion as at end-FY2022.</p><p>The company has two to three slots left for delivery in FY2025, reserved for potential shipowners with large orders of around 10 vessels who prefer at least one vessel to be delivered in FY2025.</p><p style=\"text-align: start;\">According to Yangzijiang, this approach could give the company an edge over peers in potential contract negotiations, as most peers’ yards are full for delivery in 2025.</p><p style=\"text-align: start;\">For FY2026, Yangzijiang has fewer than 10 vessel slots left for delivery, with no vessel preference and its main priority being securing the highest contract prices.</p><p style=\"text-align: start;\">Ytd, the company has delivered 16 vessels or some 28% of its 57 vessel target for FY2023.</p><p style=\"text-align: start;\">Consequently, the analysts believe Yangzijiang’s margin growth is protected and set to expand from FY2023 to FY2025. They are estimating FY2023, FY2024 and FY2025 gross margins of 17%, 18% and 18% respectively.</p><p style=\"text-align: start;\">Their target price of $1.66 is based on a 1.7x 2023 price-to-book value (P/Bv), at a 30% premium to regional yards’ 1.3x average given Yangzijiang’s stronger margin track record, justified by its FY2023 to FY2024 return on equity (ROE) of 18%. “We maintain our ‘add’ call on margin expansion and sustainable order replenishment of US$3 billion per annum,” say Lim and Tan.</p><p style=\"text-align: start;\">The analysts’ rerating catalysts include stronger margins and orders improving profitability, while downside risks include a sharp rise in steel costs eroding margins and order cancellations weakening its earnings visibility.</p><p style=\"text-align: start;\">As at 2.00pm, shares in Yangzijiang were trading 1 cent or 0.81% up at $1.25.</p></body></html>","source":"lsy1655096814160","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>CGS-CIMB Positive on Yangzijiang As US$3 Bil Order Target for FY2023 Looks in Sight</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCGS-CIMB Positive on Yangzijiang As US$3 Bil Order Target for FY2023 Looks in Sight\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-04-27 14:00 GMT+8 <a href=https://www.theedgesingapore.com/capital/brokers-calls/cgs-cimb-positive-yangzijiang-us3-bil-order-target-fy2023-looks-sight><strong>The Edge Singapore</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>CGS-CIMB Research analysts have maintained their “add” recommendation for Yangzijiang Shipbuilding (Holdings) with an unchanged target price of $1.66.In their report dated April 25, analysts Lim Siew ...</p>\n\n<a href=\"https://www.theedgesingapore.com/capital/brokers-calls/cgs-cimb-positive-yangzijiang-us3-bil-order-target-fy2023-looks-sight\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BS6.SI":"扬子江船业"},"source_url":"https://www.theedgesingapore.com/capital/brokers-calls/cgs-cimb-positive-yangzijiang-us3-bil-order-target-fy2023-looks-sight","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1170878757","content_text":"CGS-CIMB Research analysts have maintained their “add” recommendation for Yangzijiang Shipbuilding (Holdings) with an unchanged target price of $1.66.In their report dated April 25, analysts Lim Siew Khee and Izabella Tan say they expect gross margins to rise from the execution of Yangzijiang’s higher-valued contracts secured from FY2021.Year-to-date (ytd), Yangzijiang has secured order wins of US$1.18 billion ($1.58 billion) scheduled for delivery from FY2023 to FY2026, or 39% of its US$3 billion target for the full year.Orders secured this calendar year have consisted of 18 oil tankers, one Liquefied Ethylene Gas (LEG) vessel and 4 bulk carriers.The analysts point out that product tanker newbuild prices ytd have trended upwards by 8% to 10% y-o-y. Meanwhile, freight rates for Large-Range (LR) 2 tankers rose to a historical high of US$46,500 per day in April and Medium-Range (MR) tanker freight rates neared an all-time peak of US$32,000 per day in March.“We believe this reaffirms the firm tanker outlook that could underpin Yangzijiang’s FY2023 order win target of US$3 billion. We note that ytd order wins of US$1.18 billion are nearing Yangzijiang’s average order wins of US$1.4 billion per annum from FY2009 to FY2019,” say Lim and Tan.In its contract negotiations, Yangzijiang has raised steel cost assumptions from RMB4,400 ($848.50) per tonne in 2022 to RMB5,000 per tonne in 2023, where steel prices have been trending. The company says it does not expect further increases to steel prices considering the relatively weaker demand from other industries, such as real estate in China.Meanwhile, contract prices have also trended upwards since 1QFY2021.While no financials were disclosed in the company’s 1QFY2023 update, the analysts note that Yangzijiang’s orderbook of US$10.98 billion continues to bear its previous peak of US$10.51 billion as at end-FY2022.The company has two to three slots left for delivery in FY2025, reserved for potential shipowners with large orders of around 10 vessels who prefer at least one vessel to be delivered in FY2025.According to Yangzijiang, this approach could give the company an edge over peers in potential contract negotiations, as most peers’ yards are full for delivery in 2025.For FY2026, Yangzijiang has fewer than 10 vessel slots left for delivery, with no vessel preference and its main priority being securing the highest contract prices.Ytd, the company has delivered 16 vessels or some 28% of its 57 vessel target for FY2023.Consequently, the analysts believe Yangzijiang’s margin growth is protected and set to expand from FY2023 to FY2025. They are estimating FY2023, FY2024 and FY2025 gross margins of 17%, 18% and 18% respectively.Their target price of $1.66 is based on a 1.7x 2023 price-to-book value (P/Bv), at a 30% premium to regional yards’ 1.3x average given Yangzijiang’s stronger margin track record, justified by its FY2023 to FY2024 return on equity (ROE) of 18%. “We maintain our ‘add’ call on margin expansion and sustainable order replenishment of US$3 billion per annum,” say Lim and Tan.The analysts’ rerating catalysts include stronger margins and orders improving profitability, while downside risks include a sharp rise in steel costs eroding margins and order cancellations weakening its earnings visibility.As at 2.00pm, shares in Yangzijiang were trading 1 cent or 0.81% up at $1.25.","news_type":1},"isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9947316703,"gmtCreate":1682562694703,"gmtModify":1682562698816,"author":{"id":"3582969710070724","authorId":"3582969710070724","name":"OO_898","avatar":"https://static.tigerbbs.com/9fb3c360d5d7711641a868a144192fc7","crmLevel":3,"crmLevelSwitch":0},"themes":[],"htmlText":"Like ","listText":"Like ","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/m/post/9947316703","repostId":"1104108821","repostType":2,"repost":{"id":"1104108821","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1682560459,"share":"https://www.laohu8.com/m/news/1104108821?lang=&edition=full","pubTime":"2023-04-27 09:54","market":"sg","language":"en","title":"Singapore Lender UOB's Q1 Core Profit Leaps 74% to Record $1.2 Bln","url":"https://stock-news.laohu8.com/highlight/detail?id=1104108821","media":"Reuters","summary":"SINGAPORE, April 27 (Reuters) - Singapore's United Overseas Bank reported on Thursday a 74% surge in","content":"<html><head></head><body><p>SINGAPORE, April 27 (Reuters) - Singapore's United Overseas Bank reported on Thursday a 74% surge in core profit in the first quarter from a year earlier on the back of strong net interest and non-interest income growth.</p><p style=\"text-align: start;\">The lender's core profit, which excludes one-off expenses, rose to a record S$1.58 billion ($1.20 billion) in the first quarter, just above the mean estimate of some S$1.55 billion from four analysts polled by Refinitiv.</p><p>Net profit in the first quarter climbed 67% to $1.51 billion.</p><p style=\"text-align: start;\">"We delivered record profits this quarter backed by our core businesses and diversified growth drivers," Wee Ee Cheong, CEO of the Southeast Asia-focused bank said in a statement.</p><p style=\"text-align: start;\">"We also focused on strengthening our balance sheet, so that we can continue to support our customers through market cycles," he said.</p><p style=\"text-align: start;\">UOB expects low to mid-single digit percentage loan growth for this year, double-digit fees growth and credit costs at 20 to 25 basis points, Wee said in a media briefing after the earnings announcement.</p><p>Last year, UOB acquired Citigroup's consumer business in four Southeast Asian markets for about S$5 billion, marking its biggest deal in two decades. When completed, the move will double its retail customer base in these markets.</p><p style=\"text-align: start;\">"Our Citigroup integration is progressing well," Wee said. "We are on track to close in Indonesia by the end of the year after completing our acquisition in Malaysia, Thailand and Vietnam."</p><p style=\"text-align: start;\">($1 = 1.3348 Singapore dollars)</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore Lender UOB's Q1 Core Profit Leaps 74% to Record $1.2 Bln</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore Lender UOB's Q1 Core Profit Leaps 74% to Record $1.2 Bln\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2023-04-27 09:54</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>SINGAPORE, April 27 (Reuters) - Singapore's United Overseas Bank reported on Thursday a 74% surge in core profit in the first quarter from a year earlier on the back of strong net interest and non-interest income growth.</p><p style=\"text-align: start;\">The lender's core profit, which excludes one-off expenses, rose to a record S$1.58 billion ($1.20 billion) in the first quarter, just above the mean estimate of some S$1.55 billion from four analysts polled by Refinitiv.</p><p>Net profit in the first quarter climbed 67% to $1.51 billion.</p><p style=\"text-align: start;\">"We delivered record profits this quarter backed by our core businesses and diversified growth drivers," Wee Ee Cheong, CEO of the Southeast Asia-focused bank said in a statement.</p><p style=\"text-align: start;\">"We also focused on strengthening our balance sheet, so that we can continue to support our customers through market cycles," he said.</p><p style=\"text-align: start;\">UOB expects low to mid-single digit percentage loan growth for this year, double-digit fees growth and credit costs at 20 to 25 basis points, Wee said in a media briefing after the earnings announcement.</p><p>Last year, UOB acquired Citigroup's consumer business in four Southeast Asian markets for about S$5 billion, marking its biggest deal in two decades. When completed, the move will double its retail customer base in these markets.</p><p style=\"text-align: start;\">"Our Citigroup integration is progressing well," Wee said. "We are on track to close in Indonesia by the end of the year after completing our acquisition in Malaysia, Thailand and Vietnam."</p><p style=\"text-align: start;\">($1 = 1.3348 Singapore dollars)</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"U11.SI":"大华银行"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1104108821","content_text":"SINGAPORE, April 27 (Reuters) - Singapore's United Overseas Bank reported on Thursday a 74% surge in core profit in the first quarter from a year earlier on the back of strong net interest and non-interest income growth.The lender's core profit, which excludes one-off expenses, rose to a record S$1.58 billion ($1.20 billion) in the first quarter, just above the mean estimate of some S$1.55 billion from four analysts polled by Refinitiv.Net profit in the first quarter climbed 67% to $1.51 billion.\"We delivered record profits this quarter backed by our core businesses and diversified growth drivers,\" Wee Ee Cheong, CEO of the Southeast Asia-focused bank said in a statement.\"We also focused on strengthening our balance sheet, so that we can continue to support our customers through market cycles,\" he said.UOB expects low to mid-single digit percentage loan growth for this year, double-digit fees growth and credit costs at 20 to 25 basis points, Wee said in a media briefing after the earnings announcement.Last year, UOB acquired Citigroup's consumer business in four Southeast Asian markets for about S$5 billion, marking its biggest deal in two decades. When completed, the move will double its retail customer base in these markets.\"Our Citigroup integration is progressing well,\" Wee said. \"We are on track to close in Indonesia by the end of the year after completing our acquisition in Malaysia, Thailand and Vietnam.\"($1 = 1.3348 Singapore dollars)","news_type":1},"isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9947050010,"gmtCreate":1682389936430,"gmtModify":1682389940696,"author":{"id":"3582969710070724","authorId":"3582969710070724","name":"OO_898","avatar":"https://static.tigerbbs.com/9fb3c360d5d7711641a868a144192fc7","crmLevel":3,"crmLevelSwitch":0},"themes":[],"htmlText":"Like ","listText":"Like ","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/m/post/9947050010","repostId":"1175829315","repostType":2,"repost":{"id":"1175829315","pubTimestamp":1682329507,"share":"https://www.laohu8.com/m/news/1175829315?lang=&edition=full","pubTime":"2023-04-24 17:45","market":"sg","language":"en","title":"DBS Downgrades OCBC and UOB to \"Hold\" As It Sees \"Limited Catalysts for Now\"","url":"https://stock-news.laohu8.com/highlight/detail?id=1175829315","media":"The Edge Singapore","summary":"DBS Group Research analyst Lim Rui Wen has downgraded both Oversea-Chinese Banking Corporation (OCBC","content":"<html><head></head><body><p>DBS Group Research analyst Lim Rui Wen has downgraded both Oversea-Chinese Banking Corporation (OCBC) and United Overseas Bank (UOB) to “hold” as she sees limited catalysts for both banks for now.</p><p style=\"text-align: start;\">Lim has also lowered her target price estimates. OCBC’s target price is now at $13 from $14 previously while UOB’s target price is at $30.30, down from $34.20 previously.</p><p style=\"text-align: start;\"><strong>Higher downside risks for Singapore banking sector overall</strong></p><p style=\"text-align: start;\">In an overall report on the Singapore banking sector dated April 20, Lim notes several higher downside risks ahead such as limited upside for net interest margins (NIMs).</p><p style=\"text-align: start;\">“As [the] US Federal Reserve (US Fed) comes close to a peak in this interest rate cycle, we believe there are limited upside for NIMs going forward for Singapore banks, especially as pressures from funding costs continue,” she writes.</p><p style=\"text-align: start;\">Economists from DBS Group Research expect the US Fed to hike rates once more during the 2Q2023 to 5.25%, which is the terminal rate for the current rate hike cycle.</p><p>The analyst also sees increasing downside risks from potential rate cuts in FY2023 should a recession force the Fed to cut rates.</p><p style=\"text-align: start;\">“Singapore Banks have seen strong q-o-q NIM expansion since 1QFY2022, with 4QFY2022 NIMs hitting a decade high as interest rates soared. However, stronger deposit pressures seen during 1QFY2023 will likely lead to an even more muted q-o-q NIM expansion ahead, and possibly deterioration across the banks,” she says.</p><p style=\"text-align: start;\">Amid a more uncertain macroeconomic environment, the analyst sees loan growth and recovery in non-interest income may be “weaker than hoped for”.</p><p>“Industry loan growth continues to be weak as system loans contracted by -1.1% year-to-date (ytd) as of end-February,” she writes.</p><p style=\"text-align: start;\">“We expect Singapore banks to see muted loan growth of 0% to 1% q-o-q during 1QFY2023. While the banks have largely seen an improvement in wealth management activities during January and February 2023, March 2023 saw volatile and risk-off markets as Silicon Valley Bank and Credit Suisse troubles hit the markets,” she adds.</p><p style=\"text-align: start;\">In addition, Lim believes that market activities are unlikely to rebound back to its FY2021 levels in the near future, in part due to the increasing global economic uncertainties.</p><p style=\"text-align: start;\">Furthermore, asset quality risks continue to be on the rise through FY2023 as recession risks become more imminent and geopolitical tensions continue to increase alongside an inflationary environment.</p><p style=\"text-align: start;\">As it is, Singapore’s economy has already begun to see a sharper-than-expected slowdown during the 1Q2023 alongside US banks, which are increasingly starting to price a recession in the 2H2023 in their outlook.</p><p style=\"text-align: start;\">“We believe there is further downside from higher specific provisions as the economy starts to slow, though banks may reverse some general provisions to buffer credit costs,” says Lim.</p><p style=\"text-align: start;\">That said, all three banks began the current cycle with strong provisions buffers and now have non-performing asset (NPA) coverage ratios of 98% to 122%. “[This is] a key support to valuations in our view which limits downside.”</p><p>“As Fed comes close to a peak in this cycle with potential rate cuts looming in 2HFY2024, with limited NIM upside, a more muted loan growth and non-interest income on the cards, amidst increasing asset quality risks, we cut FY2023-FY2024 earnings by 3%-4% for the banks,” says Lim.</p><p style=\"text-align: start;\">“We believe Singapore banks’ strong provisions buffer, strong dividend yield of [over] 5% and excess capital (room for dividend upside) will limit downside in the near term, lest a global recession or banking crisis happen,” she adds.</p><p style=\"text-align: start;\"><strong>‘Hold’ for OCBC and UOB</strong></p><p style=\"text-align: start;\">In a separate report for OCBC also dated April 20, the analyst feels OCBC’s earnings may have peaked after the bank benefitted “significantly” from the enhancement of its franchise value after it acquired Wing Hang Bank in 2014.</p><p style=\"text-align: start;\">“[This is] given that Greater China continues to be management’s focus as a key market outside Singapore, contributing close to 15% of the group’s income in FY2022,” she says.</p><p style=\"text-align: start;\">“The bank aims to capture rising Asian wealth and support increasing Mainland China-Hong Kong and Asean-Greater China flows to deepen its regional presence and drive sustainable growth,” she adds.</p><p style=\"text-align: start;\">As the Fed rate comes close to its peak in this cycle, Lim sees limited upside for OCBC’s NIMs especially as pressure from funding costs continues to grow.</p><p style=\"text-align: start;\">“While OCBC’s 4QFY2022 NIM improved 25 basis points (bps) q-o-q to 2.31%, management has guided for FY2023 NIM of [around] 2.0% - 2.1%.</p><p style=\"text-align: start;\">“OCBC is likely to see muted loan growth in 1QFY2023, having seen a 3% q-o-q decline during 4QFY2022. With wealth management and card fees seeing a rebound in January and February 2023, this is likely to be partially offset by Great Eastern Holdings’ (GEH) performance,” says Lim.</p><p style=\"text-align: start;\">“Recall that 4QFY2022 saw unrealised losses at GEH due to the yield curve inversion, which was still the case as of end-March. While asset quality remains benign in 1QFY2023, we believe management will top up general provisions as it guides for a more normalized credit costs of 20 bps - 25bps in FY2023 in a more uncertain environment,” she adds.</p><p style=\"text-align: start;\">Lim has lowered her earnings estimates for OCBC by 3% to 4% for FY2023 to FY2024, which she recognises as being lower than the consensus. The lowered earnings come after she cuts her NIM estimates for FY2023 and FY2024.</p><p style=\"text-align: start;\">“Our target price represents [around 1x FY2024, below -0.5 standard deviation (s.d.) of OCBC’s 12-year forward P/BV multiple, which we believe is a fair valuation, as we see limited catalysts ahead for OCBC’s share price, given more downside risks arising from NIM, loan growth, a more uncertain macroeconomic environment for non-interest income growth, as well as rising asset quality risks,” she says.</p><p style=\"text-align: start;\">“We believe the downside to OCBC’s share price will be supported by its strong provisions buffer of 114% and potential excess capital of [over] $5 billion during FY2023. We believe the downside to OCBC’s share price will be supported by its strong provisions buffer of 114%,” she adds.</p><p style=\"text-align: start;\">Lim also sees limited upside for UOB’s NIMs as the Fed rate cycle nears its peak with pressure from funding costs.</p><p style=\"text-align: start;\">UOB’s offering of higher fixed deposit interest rates on top of higher interest rates for its flagship current account savings accounts (CASA) compared to its peers in 2HFY2022 will weigh on its upcoming NIMs during the 1QFY2023, notes Lim.</p><p style=\"text-align: start;\">“[This is] as an increase in the cost of deposits offsets an increase in asset yields. While we anticipate a stronger q-o-q improvement in fee income from wealth and card fees and stronger treasury and investment income q-o-q, we believe there are still downside risks to management’s guidance for double-digit fee income growth through FY2023 in a more uncertain macroeconomic environment,” she writes.</p><p style=\"text-align: start;\">“While asset quality remains benign in 1QFY2023, we believe management will top up general provisions as it guides for a more normalized credit costs of 20 bps - 25bps in FY2023 in a more uncertain environment,” she adds.</p><p style=\"text-align: start;\">That said, UOB’s acquisition of Citi’s consumer businesses in Indonesia, Malaysia, Thailand, and Vietnam will allow the bank to accelerate, scale up, and deepen its Asean franchise.</p><p style=\"text-align: start;\">Her new target price for UOB represents around 1x FY2024, near -0.5 s.d. of UOB’s 12-year forward P/BV multiple.</p><p style=\"text-align: start;\">In her report, Lim believes this is a “fair valuation, as we see limited catalysts ahead for UOB’s share price, given more downside risks arising from NIM, loan growth, a more uncertain macroeconomic environment for non-interest income growth, as well as rising asset quality risks.”</p><p style=\"text-align: start;\">“We believe the downside to UOB’s share price will be supported by its strong provisions buffer of 98%,” she says.</p><p style=\"text-align: start;\">UOB and OCBC will be releasing their 1QFY2023 results on April 27 and May 10 respectively. DBS will release its results on May 2.</p><p style=\"text-align: start;\">Shares in OCBC and UOB closed at $12.82 and $29.58 respectively.</p></body></html>","source":"lsy1655096814160","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>DBS Downgrades OCBC and UOB to \"Hold\" As It Sees \"Limited Catalysts for Now\"</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDBS Downgrades OCBC and UOB to \"Hold\" As It Sees \"Limited Catalysts for Now\"\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-04-24 17:45 GMT+8 <a href=https://www.theedgesingapore.com/capital/brokers-calls/dbs-downgrades-ocbc-and-uob-hold-it-sees-limited-catalysts-now><strong>The Edge Singapore</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>DBS Group Research analyst Lim Rui Wen has downgraded both Oversea-Chinese Banking Corporation (OCBC) and United Overseas Bank (UOB) to “hold” as she sees limited catalysts for both banks for now.Lim ...</p>\n\n<a href=\"https://www.theedgesingapore.com/capital/brokers-calls/dbs-downgrades-ocbc-and-uob-hold-it-sees-limited-catalysts-now\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"U11.SI":"大华银行","O39.SI":"华侨银行"},"source_url":"https://www.theedgesingapore.com/capital/brokers-calls/dbs-downgrades-ocbc-and-uob-hold-it-sees-limited-catalysts-now","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1175829315","content_text":"DBS Group Research analyst Lim Rui Wen has downgraded both Oversea-Chinese Banking Corporation (OCBC) and United Overseas Bank (UOB) to “hold” as she sees limited catalysts for both banks for now.Lim has also lowered her target price estimates. OCBC’s target price is now at $13 from $14 previously while UOB’s target price is at $30.30, down from $34.20 previously.Higher downside risks for Singapore banking sector overallIn an overall report on the Singapore banking sector dated April 20, Lim notes several higher downside risks ahead such as limited upside for net interest margins (NIMs).“As [the] US Federal Reserve (US Fed) comes close to a peak in this interest rate cycle, we believe there are limited upside for NIMs going forward for Singapore banks, especially as pressures from funding costs continue,” she writes.Economists from DBS Group Research expect the US Fed to hike rates once more during the 2Q2023 to 5.25%, which is the terminal rate for the current rate hike cycle.The analyst also sees increasing downside risks from potential rate cuts in FY2023 should a recession force the Fed to cut rates.“Singapore Banks have seen strong q-o-q NIM expansion since 1QFY2022, with 4QFY2022 NIMs hitting a decade high as interest rates soared. However, stronger deposit pressures seen during 1QFY2023 will likely lead to an even more muted q-o-q NIM expansion ahead, and possibly deterioration across the banks,” she says.Amid a more uncertain macroeconomic environment, the analyst sees loan growth and recovery in non-interest income may be “weaker than hoped for”.“Industry loan growth continues to be weak as system loans contracted by -1.1% year-to-date (ytd) as of end-February,” she writes.“We expect Singapore banks to see muted loan growth of 0% to 1% q-o-q during 1QFY2023. While the banks have largely seen an improvement in wealth management activities during January and February 2023, March 2023 saw volatile and risk-off markets as Silicon Valley Bank and Credit Suisse troubles hit the markets,” she adds.In addition, Lim believes that market activities are unlikely to rebound back to its FY2021 levels in the near future, in part due to the increasing global economic uncertainties.Furthermore, asset quality risks continue to be on the rise through FY2023 as recession risks become more imminent and geopolitical tensions continue to increase alongside an inflationary environment.As it is, Singapore’s economy has already begun to see a sharper-than-expected slowdown during the 1Q2023 alongside US banks, which are increasingly starting to price a recession in the 2H2023 in their outlook.“We believe there is further downside from higher specific provisions as the economy starts to slow, though banks may reverse some general provisions to buffer credit costs,” says Lim.That said, all three banks began the current cycle with strong provisions buffers and now have non-performing asset (NPA) coverage ratios of 98% to 122%. “[This is] a key support to valuations in our view which limits downside.”“As Fed comes close to a peak in this cycle with potential rate cuts looming in 2HFY2024, with limited NIM upside, a more muted loan growth and non-interest income on the cards, amidst increasing asset quality risks, we cut FY2023-FY2024 earnings by 3%-4% for the banks,” says Lim.“We believe Singapore banks’ strong provisions buffer, strong dividend yield of [over] 5% and excess capital (room for dividend upside) will limit downside in the near term, lest a global recession or banking crisis happen,” she adds.‘Hold’ for OCBC and UOBIn a separate report for OCBC also dated April 20, the analyst feels OCBC’s earnings may have peaked after the bank benefitted “significantly” from the enhancement of its franchise value after it acquired Wing Hang Bank in 2014.“[This is] given that Greater China continues to be management’s focus as a key market outside Singapore, contributing close to 15% of the group’s income in FY2022,” she says.“The bank aims to capture rising Asian wealth and support increasing Mainland China-Hong Kong and Asean-Greater China flows to deepen its regional presence and drive sustainable growth,” she adds.As the Fed rate comes close to its peak in this cycle, Lim sees limited upside for OCBC’s NIMs especially as pressure from funding costs continues to grow.“While OCBC’s 4QFY2022 NIM improved 25 basis points (bps) q-o-q to 2.31%, management has guided for FY2023 NIM of [around] 2.0% - 2.1%.“OCBC is likely to see muted loan growth in 1QFY2023, having seen a 3% q-o-q decline during 4QFY2022. With wealth management and card fees seeing a rebound in January and February 2023, this is likely to be partially offset by Great Eastern Holdings’ (GEH) performance,” says Lim.“Recall that 4QFY2022 saw unrealised losses at GEH due to the yield curve inversion, which was still the case as of end-March. While asset quality remains benign in 1QFY2023, we believe management will top up general provisions as it guides for a more normalized credit costs of 20 bps - 25bps in FY2023 in a more uncertain environment,” she adds.Lim has lowered her earnings estimates for OCBC by 3% to 4% for FY2023 to FY2024, which she recognises as being lower than the consensus. The lowered earnings come after she cuts her NIM estimates for FY2023 and FY2024.“Our target price represents [around 1x FY2024, below -0.5 standard deviation (s.d.) of OCBC’s 12-year forward P/BV multiple, which we believe is a fair valuation, as we see limited catalysts ahead for OCBC’s share price, given more downside risks arising from NIM, loan growth, a more uncertain macroeconomic environment for non-interest income growth, as well as rising asset quality risks,” she says.“We believe the downside to OCBC’s share price will be supported by its strong provisions buffer of 114% and potential excess capital of [over] $5 billion during FY2023. We believe the downside to OCBC’s share price will be supported by its strong provisions buffer of 114%,” she adds.Lim also sees limited upside for UOB’s NIMs as the Fed rate cycle nears its peak with pressure from funding costs.UOB’s offering of higher fixed deposit interest rates on top of higher interest rates for its flagship current account savings accounts (CASA) compared to its peers in 2HFY2022 will weigh on its upcoming NIMs during the 1QFY2023, notes Lim.“[This is] as an increase in the cost of deposits offsets an increase in asset yields. While we anticipate a stronger q-o-q improvement in fee income from wealth and card fees and stronger treasury and investment income q-o-q, we believe there are still downside risks to management’s guidance for double-digit fee income growth through FY2023 in a more uncertain macroeconomic environment,” she writes.“While asset quality remains benign in 1QFY2023, we believe management will top up general provisions as it guides for a more normalized credit costs of 20 bps - 25bps in FY2023 in a more uncertain environment,” she adds.That said, UOB’s acquisition of Citi’s consumer businesses in Indonesia, Malaysia, Thailand, and Vietnam will allow the bank to accelerate, scale up, and deepen its Asean franchise.Her new target price for UOB represents around 1x FY2024, near -0.5 s.d. of UOB’s 12-year forward P/BV multiple.In her report, Lim believes this is a “fair valuation, as we see limited catalysts ahead for UOB’s share price, given more downside risks arising from NIM, loan growth, a more uncertain macroeconomic environment for non-interest income growth, as well as rising asset quality risks.”“We believe the downside to UOB’s share price will be supported by its strong provisions buffer of 98%,” she says.UOB and OCBC will be releasing their 1QFY2023 results on April 27 and May 10 respectively. DBS will release its results on May 2.Shares in OCBC and UOB closed at $12.82 and $29.58 respectively.","news_type":1},"isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9944774550,"gmtCreate":1682305115270,"gmtModify":1682305120310,"author":{"id":"3582969710070724","authorId":"3582969710070724","name":"OO_898","avatar":"https://static.tigerbbs.com/9fb3c360d5d7711641a868a144192fc7","crmLevel":3,"crmLevelSwitch":0},"themes":[],"htmlText":"Great [开心] [强] ","listText":"Great [开心] [强] ","text":"Great [开心] [强]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/m/post/9944774550","repostId":"1183252145","repostType":2,"repost":{"id":"1183252145","pubTimestamp":1682300494,"share":"https://www.laohu8.com/m/news/1183252145?lang=&edition=full","pubTime":"2023-04-24 09:41","market":"sg","language":"en","title":"4 Singapore Blue-Chip Stocks Yielding More Than Your CPF Ordinary Account","url":"https://stock-news.laohu8.com/highlight/detail?id=1183252145","media":"The Smart Investor","summary":"We feature four blue-chip stocks with attractive dividend yields.The Central Provident Fund (CPF) sy","content":"<html><head></head><body><p>We feature four blue-chip stocks with attractive dividend yields.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/de4419a623888143829c5043098dff77\" alt=\"\" title=\"\" tg-width=\"800\" tg-height=\"533\"/></p><p style=\"text-align: start;\">The Central Provident Fund (CPF) system is an effective method to build up and grow your savings for retirement.</p><p style=\"text-align: start;\">In particular, the Ordinary Account (OA) can be used for a variety of purposes such as housing and education.</p><p style=\"text-align: start;\">The CPF OA accrues interest at 2.5% annually, with the first S$20,000 enjoying an enhanced interest rate of 3.5%.</p><p style=\"text-align: start;\">However, some investors may not be satisfied with this rate of return.</p><p style=\"text-align: start;\">With the volatility roiling stock markets right now, it’s prudent to look for established blue-chip names to add to your investment portfolio.</p><p style=\"text-align: start;\">The good news is that all blue-chip stocks pay out a dividend, and there are a select few that yields more than what your CPF OA is offering.</p><p style=\"text-align: start;\">Here are four Singapore blue-chip stocks with attractive dividend yields that you can consider for your buy watchlist.</p><h2 style=\"text-align: start;\">DBS Group (SGX: D05)</h2><p style=\"text-align: start;\">DBS is Singapore’s largest bank by market capitalisation and offers a comprehensive range of banking services to individuals and corporations.</p><p style=\"text-align: start;\">The lender reported an impressive set of earnings for 2022 as its net profit surged to a new all-time high of S$8.2 billion.</p><p style=\"text-align: start;\">In line with the good results, the bank declared a special dividend of S$0.50 and also raised its quarterly dividend from S$0.36 to S$0.42.</p><p style=\"text-align: start;\">DBS’ new core annual dividend of S$1.68 means that its shares offer a prospective dividend yield of 5.1%.</p><p style=\"text-align: start;\">There are good indications that the group can continue to perform well in the coming quarters.</p><p style=\"text-align: start;\">CEO Piyush Gupta is confident of achieving mid-single-digit year on year loan growth for 2023 along with double-digit year on year fee income growth as China’s economy reopens.</p><p style=\"text-align: start;\">Interest rates also look set to remain high with the US Federal Reserve announcing its ninth consecutive rate hike in late March to a range of 4.75% to 5% to combat inflation.</p><p style=\"text-align: start;\">Higher rates will support better net interest margins for the bank which will translate into higher net interest income.</p><h2 style=\"text-align: start;\">Singapore Technologies Engineering (SGX: S63)</h2><p style=\"text-align: start;\">Singapore Technologies Engineering, or STE, is a technology and engineering group that serves the aerospace, smart city, defence, and public security sectors.</p><p style=\"text-align: start;\">The group has operations spanning more than 100 countries.</p><p style=\"text-align: start;\">For 2022, STE reported a 17.4% year on year jump in revenue to S$9 billion.</p><p style=\"text-align: start;\">Operating profit excluding one-off items and acquisition integration expenses surged by 55% year on year to S$727 million.</p><p style=\"text-align: start;\">Net profit excluding government support and one-off items increased by 39% year on year to S$549 million.</p><p style=\"text-align: start;\">A total dividend of S$0.16 was declared for 2022, translating into a trailing dividend yield of 4.3% for STE’s shares.</p><p style=\"text-align: start;\">The engineering conglomerate ended 2022 with an order book of S$23 billion, 50% higher than its pre-COVID level.</p><p style=\"text-align: start;\">The group expects to deliver S$7.2 billion of this order book this year.</p><p style=\"text-align: start;\">Late last month, STE was awarded a contract for the detailed design and construction of six multi-role combat vessels for the Republic of Singapore Navy.</p><h2 style=\"text-align: start;\">Yangzijiang Shipbuilding (SGX: BS6)</h2><p style=\"text-align: start;\">Yangzijiang Shipbuilding, or YZJ, is one of the largest non-state-owned shipbuilding companies in China.</p><p style=\"text-align: start;\">The group owns four shipyards in Jiangsu that can manufacture a broad range of commercial vessels such as large containerships, bulk carriers, and LNG carriers.</p><p style=\"text-align: start;\">Revenue climbed 37% year on year to RMB 20.7 billion for 2022 while net profit rose 31% year on year to RMB 2.6 billion.</p><p style=\"text-align: start;\">YZJ declared a final dividend of S$0.05, giving its shares a trailing dividend yield of 4.1%.</p><p style=\"text-align: start;\">As of 23 February 2023, the shipbuilder had an outstanding order book of US$11 billion for 149 vessels.</p><p style=\"text-align: start;\">Late last month, YZJ partnered with two firms to take up an 81% stake in 39 Robinson Road, a freehold office building in Singapore’s financial district.</p><p style=\"text-align: start;\">This property is expected to provide stable cash flow for the group and also act as an inflation hedge.</p><h2 style=\"text-align: start;\">Wilmar International (SGX: F34)</h2><p style=\"text-align: start;\">Wilmar is an integrated agribusiness group with over 500 manufacturing plants and an extensive distribution network encompassing China, India, Indonesia and 50 other regions.</p><p style=\"text-align: start;\">2022 saw a strong performance from the group as it reported an 11.6% year on year increase in revenue to US$73.4 billion.</p><p style=\"text-align: start;\">Wilmar’s core net profit jumped 31.3% year on year to US$2.4 billion.</p><p style=\"text-align: start;\">In line with the robust results, the group declared a total dividend of S$0.17 for 2022, its highest on record.</p><p style=\"text-align: start;\">Shares of the agribusiness group provided a trailing dividend yield of 4.2%.</p><p style=\"text-align: start;\">Wilmar will continue to expand its footprint in the food and agribusiness and strengthen the integration across its various divisions.</p></body></html>","source":"lsy1602567310727","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>4 Singapore Blue-Chip Stocks Yielding More Than Your CPF Ordinary Account</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n4 Singapore Blue-Chip Stocks Yielding More Than Your CPF Ordinary Account\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-04-24 09:41 GMT+8 <a href=https://thesmartinvestor.com.sg/4-singapore-blue-chip-stocks-yielding-more-than-your-cpf-ordinary-account/><strong>The Smart Investor</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>We feature four blue-chip stocks with attractive dividend yields.The Central Provident Fund (CPF) system is an effective method to build up and grow your savings for retirement.In particular, the ...</p>\n\n<a href=\"https://thesmartinvestor.com.sg/4-singapore-blue-chip-stocks-yielding-more-than-your-cpf-ordinary-account/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"S63.SI":"新科工程","D05.SI":"星展集团控股","F34.SI":"丰益国际","BS6.SI":"扬子江船业"},"source_url":"https://thesmartinvestor.com.sg/4-singapore-blue-chip-stocks-yielding-more-than-your-cpf-ordinary-account/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1183252145","content_text":"We feature four blue-chip stocks with attractive dividend yields.The Central Provident Fund (CPF) system is an effective method to build up and grow your savings for retirement.In particular, the Ordinary Account (OA) can be used for a variety of purposes such as housing and education.The CPF OA accrues interest at 2.5% annually, with the first S$20,000 enjoying an enhanced interest rate of 3.5%.However, some investors may not be satisfied with this rate of return.With the volatility roiling stock markets right now, it’s prudent to look for established blue-chip names to add to your investment portfolio.The good news is that all blue-chip stocks pay out a dividend, and there are a select few that yields more than what your CPF OA is offering.Here are four Singapore blue-chip stocks with attractive dividend yields that you can consider for your buy watchlist.DBS Group (SGX: D05)DBS is Singapore’s largest bank by market capitalisation and offers a comprehensive range of banking services to individuals and corporations.The lender reported an impressive set of earnings for 2022 as its net profit surged to a new all-time high of S$8.2 billion.In line with the good results, the bank declared a special dividend of S$0.50 and also raised its quarterly dividend from S$0.36 to S$0.42.DBS’ new core annual dividend of S$1.68 means that its shares offer a prospective dividend yield of 5.1%.There are good indications that the group can continue to perform well in the coming quarters.CEO Piyush Gupta is confident of achieving mid-single-digit year on year loan growth for 2023 along with double-digit year on year fee income growth as China’s economy reopens.Interest rates also look set to remain high with the US Federal Reserve announcing its ninth consecutive rate hike in late March to a range of 4.75% to 5% to combat inflation.Higher rates will support better net interest margins for the bank which will translate into higher net interest income.Singapore Technologies Engineering (SGX: S63)Singapore Technologies Engineering, or STE, is a technology and engineering group that serves the aerospace, smart city, defence, and public security sectors.The group has operations spanning more than 100 countries.For 2022, STE reported a 17.4% year on year jump in revenue to S$9 billion.Operating profit excluding one-off items and acquisition integration expenses surged by 55% year on year to S$727 million.Net profit excluding government support and one-off items increased by 39% year on year to S$549 million.A total dividend of S$0.16 was declared for 2022, translating into a trailing dividend yield of 4.3% for STE’s shares.The engineering conglomerate ended 2022 with an order book of S$23 billion, 50% higher than its pre-COVID level.The group expects to deliver S$7.2 billion of this order book this year.Late last month, STE was awarded a contract for the detailed design and construction of six multi-role combat vessels for the Republic of Singapore Navy.Yangzijiang Shipbuilding (SGX: BS6)Yangzijiang Shipbuilding, or YZJ, is one of the largest non-state-owned shipbuilding companies in China.The group owns four shipyards in Jiangsu that can manufacture a broad range of commercial vessels such as large containerships, bulk carriers, and LNG carriers.Revenue climbed 37% year on year to RMB 20.7 billion for 2022 while net profit rose 31% year on year to RMB 2.6 billion.YZJ declared a final dividend of S$0.05, giving its shares a trailing dividend yield of 4.1%.As of 23 February 2023, the shipbuilder had an outstanding order book of US$11 billion for 149 vessels.Late last month, YZJ partnered with two firms to take up an 81% stake in 39 Robinson Road, a freehold office building in Singapore’s financial district.This property is expected to provide stable cash flow for the group and also act as an inflation hedge.Wilmar International (SGX: F34)Wilmar is an integrated agribusiness group with over 500 manufacturing plants and an extensive distribution network encompassing China, India, Indonesia and 50 other regions.2022 saw a strong performance from the group as it reported an 11.6% year on year increase in revenue to US$73.4 billion.Wilmar’s core net profit jumped 31.3% year on year to US$2.4 billion.In line with the robust results, the group declared a total dividend of S$0.17 for 2022, its highest on record.Shares of the agribusiness group provided a trailing dividend yield of 4.2%.Wilmar will continue to expand its footprint in the food and agribusiness and strengthen the integration across its various divisions.","news_type":1},"isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9944426151,"gmtCreate":1682042553874,"gmtModify":1682042557340,"author":{"id":"3582969710070724","authorId":"3582969710070724","name":"OO_898","avatar":"https://static.tigerbbs.com/9fb3c360d5d7711641a868a144192fc7","crmLevel":3,"crmLevelSwitch":0},"themes":[],"htmlText":"Like ","listText":"Like ","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/m/post/9944426151","repostId":"1168323116","repostType":2,"repost":{"id":"1168323116","pubTimestamp":1682041070,"share":"https://www.laohu8.com/m/news/1168323116?lang=&edition=full","pubTime":"2023-04-21 09:37","market":"us","language":"en","title":"4 U.S. Growth Stocks Whose Share Prices Can Continue Climbing","url":"https://stock-news.laohu8.com/highlight/detail?id=1168323116","media":"The Smart Investor","summary":"Growth stocks had been badly hammered last year as the pandemic receded and interest rates surged.It","content":"<html><head></head><body><p>Growth stocks had been badly hammered last year as the pandemic receded and <u>interest rates</u> surged.</p><p style=\"text-align: start;\">It didn’t help that many technology companies also announced <u>layoffs</u> in a tacit admission that they had been too exuberant over their prospects.</p><p style=\"text-align: start;\">However, I will argue that several companies still have what it takes to deliver growth amid these challenging conditions.</p><p style=\"text-align: start;\">Investors need to latch on to businesses with strong franchises and possess dominant market positions within their respective sectors.</p><p style=\"text-align: start;\">These attributes, along with quality management, will make the stock a sure-fire winner.</p><p style=\"text-align: start;\">We feature four US growth stocks with lots of fuel in their tank to enable their earnings to continue increasing.</p><p style=\"text-align: start;\">And when the business does well, we are confident that its stock price will naturally follow.</p><h2 style=\"text-align: start;\"><a href=\"https://laohu8.com/S/META\">Meta Platforms</a></h2><p style=\"text-align: start;\">Meta Platforms is a social media giant with products such as the chat program WhatsApp, the video and photo-sharing platform Instagram, and the social media app Facebook.</p><p style=\"text-align: start;\">The company reported a downbeat set of earnings for 2022.</p><p style=\"text-align: start;\">Revenue dipped 1% year on year to US$116.6 billion while operating profit slid 38% year on year to US$28.9 billion.</p><p style=\"text-align: start;\">Net profit plunged 41% year on year to US$23.2 billion.</p><p style=\"text-align: start;\">There’s a silver lining, though.</p><p style=\"text-align: start;\">CEO Mark Zuckerberg has deemed 2023 as the Meta Platforms’ “Year of Efficiency” and vowed to take cost-cutting measures to make the company a “stronger and nimbler organisation”.</p><p style=\"text-align: start;\">The social media giant has made good on its promise, with more jobs expected to be axed this week after a first round of layoffs announced in March which will see 10,000 jobs eliminated.</p><p style=\"text-align: start;\">Meanwhile, Meta Platforms is also pursuing growth in the field of generative artificial intelligence (AI) to use it to create ads for different companies by the end of 2023.</p><p style=\"text-align: start;\">At the same time, the company is also opening its Horizon Worlds metaverse to teenagers in the US and Canada in the coming weeks as part of a trial to retain more users within the space.</p><p style=\"text-align: start;\">If all goes well, the company’s metaverse ambitions can continue while the business right-sizes itself to prepare for ad growth this year.</p><h2 style=\"text-align: start;\"><a href=\"https://laohu8.com/S/NFLX\">Netflix</a></h2><p style=\"text-align: start;\">Netflix offers streaming TV services and is one of the largest players in its industry.</p><p style=\"text-align: start;\">The company is off to a slow start for the first quarter of 2023 (1Q 2023), with revenue growing 3.7% year on year to US$8.2 billion.</p><p style=\"text-align: start;\">Operating margin rebounded strongly to 21%, up from the previous quarter’s 7%, but was down from 1Q 2022’s operating margin of 25.7%.</p><p style=\"text-align: start;\">Consequently, net profit fell by 18.3% year on year to US$1.3 billion.</p><p style=\"text-align: start;\">Investors have reason to cheer, though.</p><p style=\"text-align: start;\">Paid memberships continued to rise to a new record of 232.5 million, up 4.9% year on year, adding another 1.75 million members to Netflix’s database.</p><p style=\"text-align: start;\">Management expects roughly the same paid additions for 2Q 2023 and then a jump in 3Q as new member enhancement initiatives along with paid sharing kick in.</p><p style=\"text-align: start;\">Netflix also quoted figures from Nielsen that showed it had a market share of 2% to 4% in markets such as Brazil, Mexico and Poland, suggesting that it has plenty of opportunity to capture more market share.</p><h2 style=\"text-align: start;\"><a href=\"https://laohu8.com/S/ADBE\">Adobe</a></h2><p style=\"text-align: start;\">Adobe is a multimedia and software company that offers several software-as-a-service (SaaS) products delivered via cloud computing.</p><p style=\"text-align: start;\">The company’s offerings include Creative Cloud, Document Cloud and Experience Cloud which deliver a range of services including digital signatures, image libraries, and customer relationship management.</p><p style=\"text-align: start;\">Adobe announced record revenue for its 1Q 2023 ending 3 March 2023.</p><p style=\"text-align: start;\">Revenue hit US$4.66 billion, up 9% year on year, while net profit dipped slightly by 1.5% year on year to US$1.25 billion.</p><p style=\"text-align: start;\">The company also generated a free cash flow of US$1.59 billion for the quarter.</p><p style=\"text-align: start;\">Adobe projects that its earnings per share for fiscal 2023 (FY2023) will rise by 8.9% year on year to end at US$11.</p><p style=\"text-align: start;\">The company should also enjoy a long-term earnings boost from its US$20 billion acquisition of Figma back in September last year.</p><p style=\"text-align: start;\">That is, if the acquisition is approved by authorities. </p><p style=\"text-align: start;\">Although the transaction will lower earnings per share in the first two years after closing, management expects Figma to break even in year three and be profitable from then onwards.</p><h2 style=\"text-align: start;\"><a href=\"https://laohu8.com/S/TSCO\">Tractor Supply Company</a></h2><p style=\"text-align: start;\">Tractor Supply Company is one of the largest rural lifestyle retailers in the US.</p><p style=\"text-align: start;\">The company operated 2,066 Tractor Supply stores in 49 states as of 31 December 2022 and 186 Petsense stores in 23 states.</p><p style=\"text-align: start;\">The rural lifestyle specialist reported a strong set of results for 2022, with revenue increasing 11.6% year on year to US$14.2 billion.</p><p style=\"text-align: start;\">Net profit increased by 9.2% year on year to US$1.09 billion, and a total of US$3.68 in dividends per share was paid out, a sharp increase from the US$2.08 paid out a year ago.</p><p style=\"text-align: start;\">The company’s Neighbors Club loyalty program has seen membership rise to 28 million, up 47% in the past two years.</p><p style=\"text-align: start;\">Tractor Supply projects that revenue can hit between US$15 billion to US$15.3 billion for 2023, and that the company can enjoy comparable store sales of positive 3.5% to 5.5%.</p></body></html>","source":"lsy1602567310727","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>4 U.S. Growth Stocks Whose Share Prices Can Continue Climbing</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n4 U.S. Growth Stocks Whose Share Prices Can Continue Climbing\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-04-21 09:37 GMT+8 <a href=https://thesmartinvestor.com.sg/4-us-growth-stocks-whose-share-prices-can-continue-climbing/><strong>The Smart Investor</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Growth stocks had been badly hammered last year as the pandemic receded and interest rates surged.It didn’t help that many technology companies also announced layoffs in a tacit admission that they ...</p>\n\n<a href=\"https://thesmartinvestor.com.sg/4-us-growth-stocks-whose-share-prices-can-continue-climbing/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"META":"Roundhill Ball Metaverse ETF","TSCO":"拖拉机供应公司","NFLX":"奈飞","ADBE":"Adobe"},"source_url":"https://thesmartinvestor.com.sg/4-us-growth-stocks-whose-share-prices-can-continue-climbing/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1168323116","content_text":"Growth stocks had been badly hammered last year as the pandemic receded and interest rates surged.It didn’t help that many technology companies also announced layoffs in a tacit admission that they had been too exuberant over their prospects.However, I will argue that several companies still have what it takes to deliver growth amid these challenging conditions.Investors need to latch on to businesses with strong franchises and possess dominant market positions within their respective sectors.These attributes, along with quality management, will make the stock a sure-fire winner.We feature four US growth stocks with lots of fuel in their tank to enable their earnings to continue increasing.And when the business does well, we are confident that its stock price will naturally follow.Meta PlatformsMeta Platforms is a social media giant with products such as the chat program WhatsApp, the video and photo-sharing platform Instagram, and the social media app Facebook.The company reported a downbeat set of earnings for 2022.Revenue dipped 1% year on year to US$116.6 billion while operating profit slid 38% year on year to US$28.9 billion.Net profit plunged 41% year on year to US$23.2 billion.There’s a silver lining, though.CEO Mark Zuckerberg has deemed 2023 as the Meta Platforms’ “Year of Efficiency” and vowed to take cost-cutting measures to make the company a “stronger and nimbler organisation”.The social media giant has made good on its promise, with more jobs expected to be axed this week after a first round of layoffs announced in March which will see 10,000 jobs eliminated.Meanwhile, Meta Platforms is also pursuing growth in the field of generative artificial intelligence (AI) to use it to create ads for different companies by the end of 2023.At the same time, the company is also opening its Horizon Worlds metaverse to teenagers in the US and Canada in the coming weeks as part of a trial to retain more users within the space.If all goes well, the company’s metaverse ambitions can continue while the business right-sizes itself to prepare for ad growth this year.NetflixNetflix offers streaming TV services and is one of the largest players in its industry.The company is off to a slow start for the first quarter of 2023 (1Q 2023), with revenue growing 3.7% year on year to US$8.2 billion.Operating margin rebounded strongly to 21%, up from the previous quarter’s 7%, but was down from 1Q 2022’s operating margin of 25.7%.Consequently, net profit fell by 18.3% year on year to US$1.3 billion.Investors have reason to cheer, though.Paid memberships continued to rise to a new record of 232.5 million, up 4.9% year on year, adding another 1.75 million members to Netflix’s database.Management expects roughly the same paid additions for 2Q 2023 and then a jump in 3Q as new member enhancement initiatives along with paid sharing kick in.Netflix also quoted figures from Nielsen that showed it had a market share of 2% to 4% in markets such as Brazil, Mexico and Poland, suggesting that it has plenty of opportunity to capture more market share.AdobeAdobe is a multimedia and software company that offers several software-as-a-service (SaaS) products delivered via cloud computing.The company’s offerings include Creative Cloud, Document Cloud and Experience Cloud which deliver a range of services including digital signatures, image libraries, and customer relationship management.Adobe announced record revenue for its 1Q 2023 ending 3 March 2023.Revenue hit US$4.66 billion, up 9% year on year, while net profit dipped slightly by 1.5% year on year to US$1.25 billion.The company also generated a free cash flow of US$1.59 billion for the quarter.Adobe projects that its earnings per share for fiscal 2023 (FY2023) will rise by 8.9% year on year to end at US$11.The company should also enjoy a long-term earnings boost from its US$20 billion acquisition of Figma back in September last year.That is, if the acquisition is approved by authorities. Although the transaction will lower earnings per share in the first two years after closing, management expects Figma to break even in year three and be profitable from then onwards.Tractor Supply CompanyTractor Supply Company is one of the largest rural lifestyle retailers in the US.The company operated 2,066 Tractor Supply stores in 49 states as of 31 December 2022 and 186 Petsense stores in 23 states.The rural lifestyle specialist reported a strong set of results for 2022, with revenue increasing 11.6% year on year to US$14.2 billion.Net profit increased by 9.2% year on year to US$1.09 billion, and a total of US$3.68 in dividends per share was paid out, a sharp increase from the US$2.08 paid out a year ago.The company’s Neighbors Club loyalty program has seen membership rise to 28 million, up 47% in the past two years.Tractor Supply projects that revenue can hit between US$15 billion to US$15.3 billion for 2023, and that the company can enjoy comparable store sales of positive 3.5% to 5.5%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9944581552,"gmtCreate":1681915537377,"gmtModify":1681915541707,"author":{"id":"3582969710070724","authorId":"3582969710070724","name":"OO_898","avatar":"https://static.tigerbbs.com/9fb3c360d5d7711641a868a144192fc7","crmLevel":3,"crmLevelSwitch":0},"themes":[],"htmlText":"Like ","listText":"Like ","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/m/post/9944581552","repostId":"2328800047","repostType":2,"repost":{"id":"2328800047","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1681915356,"share":"https://www.laohu8.com/m/news/2328800047?lang=&edition=full","pubTime":"2023-04-19 22:42","market":"us","language":"en","title":"Apple CEO Meets India PM Modi, Commits to Growth and Investment","url":"https://stock-news.laohu8.com/highlight/detail?id=2328800047","media":"Reuters","summary":"NEW DELHI, April 19 (Reuters) - Apple Inc Chief Executive Officer Tim Cook on Wednesday committed to","content":"<html><head></head><body><p style=\"text-align: start;\">NEW DELHI, April 19 (Reuters) - Apple Inc Chief Executive Officer Tim Cook on Wednesday committed to growth and investment across India in meeting with the country's prime minister, Narendra Modi, in New Delhi.</p><p style=\"text-align: start;\">Cook is on a visit to India this week and inaugurated the iPhone maker's first retail store in the country on Tuesday in Mumbai. Apple will also open a retail store in New Delhi on Thursday.</p><p style=\"text-align: start;\">"We share your vision of the positive impact technology can make on India's future — from education and developers to manufacturing and the environment, we're committed to growing and investing across the country," Cook wrote on Twitter and shared a picture of him shaking hands with Modi.</p><p>In response, the Indian PM tweeted that it was an "absolute delight" to meet Cook.</p><p style=\"text-align: start;\">"Glad to exchange views on diverse topics and highlight the tech-powered transformations taking place in India," Modi said.</p><p style=\"text-align: start;\">Cook's visit to India underscores Apple's growing ambitions for the country, where despite having just a 3% market share the company has been expanding iPhone assembly via contract manufacturers, and also boosting its exports.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple CEO Meets India PM Modi, Commits to Growth and Investment</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple CEO Meets India PM Modi, Commits to Growth and Investment\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2023-04-19 22:42</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p style=\"text-align: start;\">NEW DELHI, April 19 (Reuters) - Apple Inc Chief Executive Officer Tim Cook on Wednesday committed to growth and investment across India in meeting with the country's prime minister, Narendra Modi, in New Delhi.</p><p style=\"text-align: start;\">Cook is on a visit to India this week and inaugurated the iPhone maker's first retail store in the country on Tuesday in Mumbai. Apple will also open a retail store in New Delhi on Thursday.</p><p style=\"text-align: start;\">"We share your vision of the positive impact technology can make on India's future — from education and developers to manufacturing and the environment, we're committed to growing and investing across the country," Cook wrote on Twitter and shared a picture of him shaking hands with Modi.</p><p>In response, the Indian PM tweeted that it was an "absolute delight" to meet Cook.</p><p style=\"text-align: start;\">"Glad to exchange views on diverse topics and highlight the tech-powered transformations taking place in India," Modi said.</p><p style=\"text-align: start;\">Cook's visit to India underscores Apple's growing ambitions for the country, where despite having just a 3% market share the company has been expanding iPhone assembly via contract manufacturers, and also boosting its exports.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU0511384066.AUD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"A\" (AUDHDG) ACC","LU0170899867.USD":"EASTSPRING INVESTMENTS WORLD VALUE EQUITY \"A\" (USD) ACC","LU0198837287.USD":"UBS (LUX) EQUITY SICAV - USA GROWTH \"P\" (USD) ACC","IE00BBT3K403.USD":"LEGG MASON CLEARBRIDGE TACTICAL DIVIDEND INCOME \"A(USD) ACC","LU0234570918.USD":"高盛全球核心股票组合Acc Close","BK4579":"人工智能","IE00B1BXHZ80.USD":"Legg Mason ClearBridge - US Appreciation A Acc USD","LU0320765059.SGD":"FTIF - Franklin US Opportunities A Acc SGD","LU0053666078.USD":"摩根大通基金-美国股票A(离岸)美元","SG9999011175.SGD":"Nikko AM Global Dividend Equity Dis SGD-H","LU0949170772.SGD":"Blackrock Global Equity Income A6 SGD-H","IE00BJTD4N35.SGD":"Neuberger Berman US Long Short Equity A1 Acc SGD-H","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","LU0082616367.USD":"摩根大通美国科技A(dist)","BK4512":"苹果概念","LU0456855351.SGD":"JPMorgan Funds - Global Equity A (acc) SGD","LU0080751232.USD":"富达环球多元动力基金A","IE00B7KXQ091.USD":"Janus Henderson Balanced A Inc USD","LU0238689110.USD":"贝莱德环球动力股票基金","IE00BZ1G4Q59.USD":"LEGG MASON CLEARBRIDGE US EQUITY SUSTAINABILITY LEADER \"A\"(USD) INC (A)","LU0109391861.USD":"富兰克林美国机遇基金A Acc","LU0072462426.USD":"贝莱德全球配置 A2","BK4585":"ETF&股票定投概念","LU0149725797.USD":"汇丰美国股市经济规模基金","BK4170":"电脑硬件、储存设备及电脑周边","LU0348723411.USD":"ALLIANZ GLOBAL HI-TECH GROWTH \"A\" (USD) INC","LU0444971666.USD":"天利全球科技基金","IE00B775SV38.USD":"NEUBERGER BERMAN US MULTICAP OPPORTUNITIES \"A\" (USD) ACC","AAPL":"苹果","IE00BFSS7M15.SGD":"Janus Henderson Balanced A Acc SGD-H","LU1506573853.SGD":"MANULIFE GF GLOBAL EQUITY \"AA\" (SGD) INC","BK4554":"元宇宙及AR概念","IE00BLSP4452.SGD":"Legg Mason ClearBridge - Tactical Dividend Income A Mdis SGD-H Plus","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC","BK4515":"5G概念","IE00BLSP4239.USD":"Legg Mason ClearBridge - Tactical Dividend Income A Mdis USD Plus","BK4534":"瑞士信贷持仓","BK4507":"流媒体概念","IE00BJJMRY28.SGD":"Janus Henderson Balanced A Inc SGD","BK4566":"资本集团","BK4533":"AQR资本管理(全球第二大对冲基金)","LU0127658192.USD":"EASTSPRING INVESTMENTS GLOBAL TECHNOLOGY \"A\" (USD) ACC","BK4075":"烟草","BK4571":"数字音乐概念","IE00BSNM7G36.USD":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC","LU0353189680.USD":"富国美国全盘成长基金Cl A Acc","SG9999003800.SGD":"Nikko AM Global Dividend Equity Acc SGD-H","IE0004445015.USD":"JANUS HENDERSON BALANCED \"A2\" (USD) ACC","BK4575":"芯片概念","BK4501":"段永平概念"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2328800047","content_text":"NEW DELHI, April 19 (Reuters) - Apple Inc Chief Executive Officer Tim Cook on Wednesday committed to growth and investment across India in meeting with the country's prime minister, Narendra Modi, in New Delhi.Cook is on a visit to India this week and inaugurated the iPhone maker's first retail store in the country on Tuesday in Mumbai. Apple will also open a retail store in New Delhi on Thursday.\"We share your vision of the positive impact technology can make on India's future — from education and developers to manufacturing and the environment, we're committed to growing and investing across the country,\" Cook wrote on Twitter and shared a picture of him shaking hands with Modi.In response, the Indian PM tweeted that it was an \"absolute delight\" to meet Cook.\"Glad to exchange views on diverse topics and highlight the tech-powered transformations taking place in India,\" Modi said.Cook's visit to India underscores Apple's growing ambitions for the country, where despite having just a 3% market share the company has been expanding iPhone assembly via contract manufacturers, and also boosting its exports.","news_type":1},"isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[],"lives":[]}