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MakeChanges Elite	14-Jan-2022 08:47        MakeChanges About Contact  Quote this Post! Style: Flexible   Mood: Yells: "No price is too low for a bear or too high for a bull"
x 0   x 0  Alert Admin	TRADING HALT !
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SlothSG Veteran	05-Jan-2022 18:23        SlothSG About Contact  Quote this Post!
x 0   x 0  Alert Admin	nice ... at least my view is aligned. wait for fair value to emerge  PhillipTan      ( Date: 05-Jan-2022 11:30) Posted: The Straits Trading Company is ' scaling new heights' , says RHB RHB Group Research analyst Vijay Natarajan is highly positive on The Straits Trading Company' s prospects, as he deems it is on its way to " scaling new heights" . The Straits Trading Company is a group that has interests in real estate and resources with a portfolio of stable recurring income-producing assets that has value-add and growth potential. These assets have also delivered stable returns over the years, he notes. " The stock was in the spotlight recently, post its announcement of gains from merger of ARA Asset Management (ARA), in which it owns a sizeable stake. Despite the recent run-up, it is trading at an attractive 40% discount to proforma net asset value (NAV)," he writes in an unrated report dated Jan 5. The group' s wholly-owned real estate investment vehicle, Straits Real Estate (SRE), has been a " solid performer" across market cycles. SRE has so far invested assets of $2 billion globally, and has been The Straits Trading Company' s key earnings driver. " SRE has managed to achieve an impressive average return on equity or ROE (2016 -1HFY2021) of 10% through active capital recycling and capitalising on secular growth trends such as rising logistics demand, warehouse retail, and arbitrage/value-add office assets. It holds a diversified portfolio of logistics (29%), retail (34%), and office/business park (31%) assets across key global markets," writes Natarajan. The group is also reaping multi-fold returns from its investment in ARA, in which it took a 20.1% stake in 2013 for $294.4 million. " This investment has proved extremely successful, with ARA' s total assets growing [around] five times since 2014 to $128 billion as of June 2021," notes Natarajan. " In August 2021, Hong Kong-listed ESR Cayman signed a merger agreement with ARA to form APAC' s largest real estate and real asset manager &ndash expected to be completed in early 2022. The agreed total consideration of $1.14 billion for its stake corresponds to a return of four times over an eight-year holding period," he continues. In addition, The Straits Trading Company has the potential to see long-term gains from its resources and hospitality business. " Straits Trading has exposure to tin mining and smelting via a 52% stake in Malaysia Smelting Corp, which is riding on strong tin demand recovery. The long-term outlook for tin mining remains promising, as it is among the key components for electric vehicles, robotics, and renewables," writes Natarajan. " The group also has a 30% stake in hospitality group Far East Hospitality (FEH), which should benefit from the post-Covid-19 travel boom. It has a sizeable land bank in Butterworth, Penang, where it plans to develop Straits City, a billion-dollar integrated development," he adds. Special dividend likely The group, which saw a strong 1HFY2021 ended June, saw The Straits Trading Company' s EBITDA surge six-fold to $187 million on the back of the strong performance logged by SRE. The group has been paying ordinary dividends of 6 cents per share. " [This is something] we expect will continue with room for upside," says Natarajan, of the group' s ordinary dividend payout. Noting that the group has also dished out special dividends previously upon the execution of major divestments, Natarajan sees room for a special dividend of 10 cents per share in the FY2021, due to the significant gains reaped from the ARA merger. The special dividend, coupled with the ordinary dividend implies a yield of 5%. That said, risks to the group include " regulatory headwinds across various markets, a sharp rise in interest rates, a resurgence of infections/prolonged pandemic," he says. As at 10.30am, shares in The Straits Trading Company are trading 4 cents higher or 1.18% up at $3.43.
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PhillipTan Supreme	05-Jan-2022 11:30        PhillipTan About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	The Straits Trading Company is ' scaling new heights' , says RHB RHB Group Research analyst Vijay Natarajan is highly positive on The Straits Trading Company' s prospects, as he deems it is on its way to " scaling new heights" . The Straits Trading Company is a group that has interests in real estate and resources with a portfolio of stable recurring income-producing assets that has value-add and growth potential. These assets have also delivered stable returns over the years, he notes. " The stock was in the spotlight recently, post its announcement of gains from merger of ARA Asset Management (ARA), in which it owns a sizeable stake. Despite the recent run-up, it is trading at an attractive 40% discount to proforma net asset value (NAV)," he writes in an unrated report dated Jan 5. The group' s wholly-owned real estate investment vehicle, Straits Real Estate (SRE), has been a " solid performer" across market cycles. SRE has so far invested assets of $2 billion globally, and has been The Straits Trading Company' s key earnings driver. " SRE has managed to achieve an impressive average return on equity or ROE (2016 -1HFY2021) of 10% through active capital recycling and capitalising on secular growth trends such as rising logistics demand, warehouse retail, and arbitrage/value-add office assets. It holds a diversified portfolio of logistics (29%), retail (34%), and office/business park (31%) assets across key global markets," writes Natarajan. The group is also reaping multi-fold returns from its investment in ARA, in which it took a 20.1% stake in 2013 for $294.4 million. " This investment has proved extremely successful, with ARA' s total assets growing [around] five times since 2014 to $128 billion as of June 2021," notes Natarajan. " In August 2021, Hong Kong-listed ESR Cayman signed a merger agreement with ARA to form APAC' s largest real estate and real asset manager &ndash expected to be completed in early 2022. The agreed total consideration of $1.14 billion for its stake corresponds to a return of four times over an eight-year holding period," he continues. In addition, The Straits Trading Company has the potential to see long-term gains from its resources and hospitality business. " Straits Trading has exposure to tin mining and smelting via a 52% stake in Malaysia Smelting Corp, which is riding on strong tin demand recovery. The long-term outlook for tin mining remains promising, as it is among the key components for electric vehicles, robotics, and renewables," writes Natarajan. " The group also has a 30% stake in hospitality group Far East Hospitality (FEH), which should benefit from the post-Covid-19 travel boom. It has a sizeable land bank in Butterworth, Penang, where it plans to develop Straits City, a billion-dollar integrated development," he adds. Special dividend likely The group, which saw a strong 1HFY2021 ended June, saw The Straits Trading Company' s EBITDA surge six-fold to $187 million on the back of the strong performance logged by SRE. The group has been paying ordinary dividends of 6 cents per share. " [This is something] we expect will continue with room for upside," says Natarajan, of the group' s ordinary dividend payout. Noting that the group has also dished out special dividends previously upon the execution of major divestments, Natarajan sees room for a special dividend of 10 cents per share in the FY2021, due to the significant gains reaped from the ARA merger. The special dividend, coupled with the ordinary dividend implies a yield of 5%. That said, risks to the group include " regulatory headwinds across various markets, a sharp rise in interest rates, a resurgence of infections/prolonged pandemic," he says. As at 10.30am, shares in The Straits Trading Company are trading 4 cents higher or 1.18% up at $3.43.
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SlothSG Veteran	01-Jan-2022 12:48        SlothSG About Contact  Quote this Post!
x 0   x 0  Alert Admin	review at 2021 closure: 1.   Leadership - Chew Gek Khim, no change 2.   ARA - replaced by ESR $900m stakes and $100m plus cash.   Expects increase in dividend? 3.   SRE - profitable roles going forward given it is 100% owned 4.   Butterworth projects - expects roll out in phases.... await more info from reporting period 5.   MSC - booster to bottom line profitability.   Share price gained 130% ($0.55) in 2021 to close at $0.97.   Tin price to remain high? 6.     FEH - premier hospitality turnaround? Dyodd .... remains positive and looking forward to another bountiful year  SlothSG      ( Date: 08-Aug-2021 11:05) Posted: have bought this counter since 2019 and holding objective remains  1.   leadership remains charismatic and great - Chew Gek Khim 2.   ARA - great boost to bottom line by Q4 2021.   To be replaced by ESR? 3.   SRE - take on pivot roles from 2021? 4.     Butterworth projects - on hold due to Covid19 5.   MSC - gaining traction? private placement and nature of products? 6.   FEH - premier hospitality DYODD!!!    SlothSG      ( Date: 03-Jan-2021 12:55) Posted: vested ...... 1.   leadership - Chew Gek Khim 2.   potential - ARA relisting 3.   potential - Butterworth  project in Penang 4.   MSC - yet to realize it' s full potential but recently gaining traction from investors. ...... Dyodd
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SlothSG Veteran	01-Jan-2022 12:15        SlothSG About Contact  Quote this Post!
x 0   x 0  Alert Admin	nice closing price at $3.31 for 2021 assuming buying at $2.05 beginning of 2021, one would have make a respectable 65% returns        61.46% ($1.26 gains) in potential capital appreciation       2.92% ($0.06) dividend returns more to come in 2022?  Happy New Year to all
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msksmsks Supreme	23-Nov-2021 00:31        msksmsks About Contact  Quote this Post!
x 0   x 0  Alert Admin	ST wl rebound strongly after retracement Cheers
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SlothSG Veteran	22-Nov-2021 22:29        SlothSG About Contact  Quote this Post!
x 0   x 0  Alert Admin	good rebound .... Let' s see if if can cross $4 by end of this year  msksmsks      ( Date: 16-Nov-2021 13:27) Posted: the retracement allows pple to reload  again. bottomish....... time to buy cheers
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msksmsks Supreme	16-Nov-2021 13:27        msksmsks About Contact  Quote this Post!
x 0   x 0  Alert Admin	the retracement allows pple to reload  again. bottomish....... time to buy cheers
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alleyboy Veteran	05-Nov-2021 09:00        alleyboy About Contact  Quote this Post!
x 0   x 0  Alert Admin	Thanks SlothSG      ( Date: 03-Nov-2021 21:19) Posted: adjusted NAV will be $5.50 from current $4  wat do u think is the fair value .....  alleyboy      ( Date: 03-Nov-2021 20:47) Posted: Any idea wats the TG?:
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SlothSG Veteran	03-Nov-2021 21:37        SlothSG About Contact  Quote this Post!
x 0   x 0  Alert Admin	let' s see if dividend will be higher next year
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SlothSG Veteran	03-Nov-2021 21:19        SlothSG About Contact  Quote this Post!
x 0   x 0  Alert Admin	adjusted NAV will be $5.50 from current $4  wat do u think is the fair value .....  alleyboy      ( Date: 03-Nov-2021 20:47) Posted: Any idea wats the TG?:) SlothSG      ( Date: 03-Nov-2021 19:51) Posted: nice run up following ESR received approval on acquisitions of ARA. hit a high of 3.78 allows some to lock in profits and at the same time new shareholders changing hand good traction for new phase and growth
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alleyboy Veteran	03-Nov-2021 20:47        alleyboy About Contact  Quote this Post!
x 0   x 0  Alert Admin	Any idea wats the TG?:) SlothSG      ( Date: 03-Nov-2021 19:51) Posted: nice run up following ESR received approval on acquisitions of ARA. hit a high of 3.78 allows some to lock in profits and at the same time new shareholders changing hand good traction for new phase and growth
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SlothSG Veteran	03-Nov-2021 19:51        SlothSG About Contact  Quote this Post!
x 0   x 0  Alert Admin	nice run up following ESR received approval on acquisitions of ARA. hit a high of 3.78 allows some to lock in profits and at the same time new shareholders changing hand good traction for new phase and growth
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investshare Supreme	03-Nov-2021 10:35        investshare About Contact  Quote this Post!
x 0   x 0  Alert Admin	:) SlothSG      ( Date: 29-Oct-2021 20:26) Posted: investshare      ( Date: 29-Oct-2021 20:24) Posted: Still in .
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SlothSG Veteran	29-Oct-2021 20:26        SlothSG About Contact  Quote this Post!
x 0   x 0  Alert Admin	investshare      ( Date: 29-Oct-2021 20:24) Posted: Still in .
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investshare Supreme	29-Oct-2021 20:24        investshare About Contact  Quote this Post!
x 0   x 0  Alert Admin	Still in .
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SlothSG Veteran	29-Oct-2021 20:11        SlothSG About Contact  Quote this Post!
x 0   x 0  Alert Admin	are u guys back in the game? hope u did not missed out the run ..... more traction to go before hitting its the full value (multiplying) multibagger in store  Godwinlow      ( Date: 07-Sep-2021 09:51) Posted: I' m still monitoring this counter. Cause end of oct is esr EGM for the approval of the merger/buyout of Ara. So probably before the timeline if stc price is about this price I might buy in again PhillipTan      ( Date: 06-Sep-2021 13:14) Posted: Reserving my bullets for YZJ, SGX or OCBC if it drops lower lol Maybe if this counter hit 3.00+ range again, I may consider to buy in How about you?
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SlothSG Veteran	29-Oct-2021 18:04        SlothSG About Contact  Quote this Post!
x 0   x 0  Alert Admin	nice retracement
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SlothSG Veteran	25-Oct-2021 18:36        SlothSG About Contact  Quote this Post!
x 0   x 0  Alert Admin	nicely stated ...... has been " firing all cylinders"   Corian99      ( Date: 25-Oct-2021 09:41) Posted: EGM for ESR Cayman 3 Nov, to approve merger with ARA asset management. After the transaction Straits Trading NAV increases from $4.03 to $5.70 and the value of her shareholding already forms almost all of her current market cap. Take that alongside rising tin prices for her 52% subsidiary MSC and a generally strong performance by real estate arm Straits Real Estate and you have a counter firing on all cylinders alleyboy      ( Date: 25-Oct-2021 09:30) Posted: Anyone care to share whats with this counter? So bullish.
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SlothSG Veteran	25-Oct-2021 18:07        SlothSG About Contact  Quote this Post!
x 0   x 0  Alert Admin	Yes yes ...... be glad u are still holding on to it  with some reaping u 100% returns......  multibagger. Akan datang for most  investshare      ( Date: 25-Oct-2021 09:44) Posted: If I had dump all my money into it that time at 1.6, I could have retired now. SlothSG      ( Date: 20-Oct-2021 18:37) Posted: nice ... bought during the di
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