Meet and Greet with Moses Chan, Ali Lee and Derek Chang

Date: Sunday, 3 November 2019
Time: 6pm
Venue: Causeway Point, Level 1 Atrium

 

Time to Play Defense

Netlink NBN Trust (SGX: CJLU) is the sole appointed “Network Company” for Singapore’s Next Generation National Broadband Network (NBN).


The trust group’s network, which spans nationwide, delivers high-speed internet access throughout Singapore. It also designs, builds, owns and operates passive fibre network infrastructure for Singapore’s NBN.


Netlink is listed as a business trust, which means that it does not have any restrictions on borrowing levels and it also pays out 100% of its cash available for distribution as a dividend.


Dividends paid out in FY18 amounted to 4.88 Singapore cents per share, which translates to a dividend yield of 5.4% at the last traded price of S$0.90.

Meet and Greet with Sung Hoon

Date: Friday, 27 September 2019

 
Time: 6pm


Venue: City Square Mall, Level 1 Atrium


 

Suntec REIT - Upgraded Stock

Amid the expectations of further cuts in interest rates, real estate investment trusts (Reits) should continue to perform well. Within the Reits sector, Suntec REIT is the top pick.


The analyst sees better earnings clarity from the flow through of positive rental reversions, completion of three development assets (9 Penang Road, Olderfleet and 21HS) by 1H20 as well as higher income contribution from two Australian asset acquisitions. Meanwhile, the recent placement that raised gross proceeds of $158.9 million (of which 79.5 percent of the gross proceeds are used to finance the Australian acquisitions) also removed an overhang of any imminent fund raising.


At the current share price of $1.94, Suntec REIT is trading at a price-to-book (P/B) value of 0.91 and a forward-FY19 distribution yield of 5.2 percent.

Open Press Conference (FREE Entry) - The Boyz Asia Fan-Con

The Boyz, one of the most anticipated rising K-pop group is coming to Singapore for their first Asia tour - The Boyz Asia Fan-Con [The Castle] in Singapore 2019!


Come meet The Boyz on 15th June (Saturday) at their Open Press Conference; 7:30pm at Gain City Megastore @ Sungei Kadut (FREE Entry)! - Queue begins at 5:00pm

Netlink NBN Trust: Your Go-To Stock For High Yield

According to DBS, the market is now on a search for high yield with the Fed turning more dovish. This contrasts with previous concerns on higher than expected 10-year bond yields.

Netlink NBN Trust is currently trading at approximately 6.3 percent FY20F yield compared to the average yield of 6.0 percent offered by large-cap industrial S-REITs. DBS notes that given the regulated nature of its business and no lack of debt headroom to fund acquisitions, Netlink NBN Trust should be trading at a lower yield. This means that there is room for Netlink NBN Trust’s share price to take off.

Moreover, one unique advantage of the over REITs and Business Trusts is that a potential rise in the cost of capital might lead to higher regulated returns from 2022 onwards, translating into higher distributions.

Up Close with A.C.E at Wisma Atria Saturday 27th April, 3pm