I’m currently doing an update on the balance sheet on my Dividend Stock Tracker and today am glad to have completed the telcos and the utilities.
MIIF’s data have been updated. This stock have sold of much of its asset this year and as of now majority of its utilities and infrastructure assets are in Asia.
Cash pile have gone up because of the sale but the operating cashflow have taken a hit. As you can see income is still negative and operating cashflow yield is low at 8.4% (even though they dun account for capex at MIIF level)
Its dividend payout have been reduced to 5.8% as well.
I run a free Singapore Dividend Stock Tracker available for everyone’s perusal. Do follow my Dividend Stock Tracker which is updated nightly here.
Kyith is the Owner and Sole Writer behind Investment Moats. Readers tune in to Investment Moats to learn and build stronger, firmer wealth foundations, how to have a Passive investment strategy, know more about investing in REITs and the nuts and bolts of Active Investing.
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Kyith worked as an IT operations engineer from 2004 to 2019. Currently, he works as a Senior Solutions Specialist in Insurance Start-up Havend. All opinions on Investment Moats are his own and does not represent the views of Providend.
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Jim
Sunday 15th of April 2012
Thanks.
In the meantime I found a newsletter at iCapital.biz, based in Kuala Lumpur. They review a lot of Malaysian stocks, but they also cover quite a number from Singapore (and other places). I signed up for their promotional one-year subscription to the online version. It does not have quite all the content of the full print + online version, and it is inconvenient, as the web pages are set up to prevent printing. At the moment it looks like it will meet my needs. Of course, I'll have to see how good the recommendations turn out to be.
If anyone else has had experience with this newsletter, I would be interested to hear their opinion.
Jim
Sunday 15th of April 2012
I am in the U.S. and am interested in investing in some Singapore stocks. I tried researching on some of the stocks discussed on your site by searching for analysts' reports on the Fidelity site. Although Fidelity has reports on many stocks from outside the U.S., it had none for any of the Singapore stocks I checked on. Is there a newsletter in English on investing in Singapore stocks that analyzes recommended companies and makes specific buy/hold/sell recommendations?
Drizzt
Sunday 15th of April 2012
Hi Jim, nice to see you on my site. Unfortunately, there isn't that i know off. If you are looking for newsletter kind of subscription you would have to find an international manager that does that. I do not make buy hold and sell recommendation on a fix set of stocks.
We have come across many analyst reports from JP Morgan, Bank of America that covers hong kong and Singapore. But they are only accessible to institutional investors.
Let me tap my contacts to see if there are something like this. hope it is helpful
Drizzt
Sunday 25th of September 2011
no problem
Benjamin Tan
Sunday 25th of September 2011
Thank you Drizzt.
Appreciate your advice and your updating emails. Please keep it up and hope to meet you someday. Cheers!
Benjamin Tan
Wednesday 21st of September 2011
Hi Drizzt,
thank you for your immediate response.
This may not be for this column but may I ask for your opinion which Singapore stocks are currently best for dividend yield investment for income?
Drizzt
Friday 23rd of September 2011
Hi Ben,
Recommendations are hard. It depends on how you form your portfolio. Over here we like to form our core group with safe predictable dividend players that we understand the risks well. This group for me is Starhub,Singtel, First REIT,VICOM, SIA ENGG. They are by no means cheap. Look at how well they hold up.
Then we supplement it with high yielders typically more than 8%. You have your MIIF, SP Ausnet, Aims AMP, Sabana, second chance and all. They are still not cheap either.
the bottom line is that you gotta understand your dividend stocks and what is their role in your portfolio.