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3701-3720 of 4157
Temasek Holdings Pte Ltd.
holds :
~114.61m units or (%)7.98%
As of mar 2016.
its a dividend stock
No Short-Seller today. Zero.
Congrats for those that hold
Counter-Attack. But not sure how high it will go and stabilise at what price.
Personally feel is back to around $0.50 as even a 4 cents dividends will translate to around 8% dividends. Usually REIITS yield is around that level also.
NextEvolution ( Date: 04-Jan-2017 19:51) Posted:
Congratulation to all
NextEvolution ( Date: 30-Dec-2016 14:53) Posted:
Badly mauled in the last 1 to 2 years this APTT.
About time to play up this stock since hitting historical bottom of 37 cent recent days. Bottom fishing seems gathering pace. Good luck to vested holders. 37 to 40 good buy to me. Please DYODD before playing this counter |
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Congratulation to all
NextEvolution ( Date: 30-Dec-2016 14:53) Posted:
Badly mauled in the last 1 to 2 years this APTT.
About time to play up this stock since hitting historical bottom of 37 cent recent days. Bottom fishing seems gathering pace. Good luck to vested holders. 37 to 40 good buy to me. Please DYODD before playing this counter |
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Now bullish..
ALL TAKEN FOR A RIDE..CON..
WITH TODAYS CLOSING PRICE THOSE WHO SOLD AT AROUND 38...KENNA CON BY DOOMSDAY SAYER
sheerluck ( Date: 04-Jan-2017 17:27) Posted:
Taiwan' s low GDP growth will put pressure on its Basic TV rate which is its main revenue generator.
Population in franchise area are growing at at 2% pa but subscriber growth is practically flat.
Non-subscription revenue on declining trend.
Interest rate for new financing should be about 3.3% but after interest rate swap likely to bring it up to 3.7%. Still good considering that it was above 4% currently.
High CAPEX for this year.
APTT should be reporting a big loss this quarter because of the refinancing.
Will know better if this is a good buy after end Jan followed by end Feb.
DYDD.
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Like watching tv..tomoro maybe can see the "show"..
Taiwan' s low GDP growth will put pressure on its Basic TV rate which is its main revenue generator.
Population in franchise area are growing at at 2% pa but subscriber growth is practically flat.
Non-subscription revenue on declining trend.
Interest rate for new financing should be about 3.3% but after interest rate swap likely to bring it up to 3.7%. Still good considering that it was above 4% currently.
High CAPEX for this year.
APTT should be reporting a big loss this quarter because of the refinancing.
Will know better if this is a good buy after end Jan followed by end Feb.
DYDD.
Tomoro can watch the "show"...
Majulah singapura
Tamasek one of the shareholder of this...
I think we shouldn' t Guess so much for now on next year dividends. Just have to wait for next quarter financial result. But basis the EPS for 2016, seems to be only 4 cents (realistically). At 0.38, the dividend is 10.5% yield. If the coompany give more, then will be even higher. Let' s see what happen in the next quarter ba. For now the price looks stabilise at 0.375-0.38 range.
jeremyow ( Date: 01-Jan-2017 22:41) Posted:
Even if their required capex for network expansion and premium digital cable TV next year have been secured from borrowings, their current distribution payout of 6.5 cents is very difficult to be sustained next year on their cash tight situation looking at their cash flows and declining cash amounts over the past few years. I still think it is better to reduce their distribution payouts next year rather than struggle to maintain it with their cash tight situation. As always, pls DYODD.
jeremyow ( Date: 01-Jan-2017 22:24) Posted:
Agree with the blogger AK on his views. How I see this Trust is that it will need to reduce its distributions per unit at least for next year due to its additional capex on network expansion and premium digital cable TV which will be still ongoing for at least next year. As to how much the distribution per unit is going to be adjusted downwards (assuming management of APTT does adjust the distribution per unit next year), we leave it to the management to work things out. From their actions on whether they will adjust the distribution per unit downwards to a more sustainable level, we can also tell what kind of management this is, an aggressive type that only caters to performance or sensible type that know how to milk the cow at a more sustainable level. Hopefully, this recent round of significant selling off of their units has taught the management that perhaps long term sustainability is better than short term aggressive performance in distribution payout.
As mentioned earlier, I am more concerned with the future entry of chairman Mr Lu of Asia Pacific Telecom whether he can value add to TBC' s business which APTT owns. That will be the crux of the future performance of TBC which affects future distribution payouts. Short-term wise, distribution payout is not sustainable unless management still go hard with it to maintain the payouts by incurring more borrowings. Then, it is not sensible management action just to prop up the distribution payout with more borrowings. This is paying distributions with future money which APTT does not have now which is not financially sensible at all. If management were to do this next year, I will give a pass on even considering investing in APTT as I see this as not financially sensible action.
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Even if their required capex for network expansion and premium digital cable TV next year have been secured from borrowings, their current distribution payout of 6.5 cents is very difficult to be sustained next year on their cash tight situation looking at their cash flows and declining cash amounts over the past few years. I still think it is better to reduce their distribution payouts next year rather than struggle to maintain it with their cash tight situation. As always, pls DYODD.
jeremyow ( Date: 01-Jan-2017 22:24) Posted:
Agree with the blogger AK on his views. How I see this Trust is that it will need to reduce its distributions per unit at least for next year due to its additional capex on network expansion and premium digital cable TV which will be still ongoing for at least next year. As to how much the distribution per unit is going to be adjusted downwards (assuming management of APTT does adjust the distribution per unit next year), we leave it to the management to work things out. From their actions on whether they will adjust the distribution per unit downwards to a more sustainable level, we can also tell what kind of management this is, an aggressive type that only caters to performance or sensible type that know how to milk the cow at a more sustainable level. Hopefully, this recent round of significant selling off of their units has taught the management that perhaps long term sustainability is better than short term aggressive performance in distribution payout.
As mentioned earlier, I am more concerned with the future entry of chairman Mr Lu of Asia Pacific Telecom whether he can value add to TBC' s business which APTT owns. That will be the crux of the future performance of TBC which affects future distribution payouts. Short-term wise, distribution payout is not sustainable unless management still go hard with it to maintain the payouts by incurring more borrowings. Then, it is not sensible management action just to prop up the distribution payout with more borrowings. This is paying distributions with future money which APTT does not have now which is not financially sensible at all. If management were to do this next year, I will give a pass on even considering investing in APTT as I see this as not financially sensible action.
churnw ( Date: 01-Jan-2017 18:29) Posted:
On this note, I will now say something about APTT because it seems that many readers were attracted to APTT by the relatively high distribution yield of 10% and bought into it. Now, many of them are worried because the unit price plunged.
If we know the value of a stock, we would know if the price makes sense. If we didn't know the value of the stock, we would never know if the price makes sense. If we don't know this, price movements would make us emotional.
I said before that APTT's past DPU of 8c was unsustainable. Although the management reduced DPU to 6.5c, I said that it might be more prudent to have a DPU of 4c which, I felt, was more sustainable. That was because 4c would be closer to APTT's EPS.
At 37.5c a unit, I decided to add to my investment in APTT recently. I know what some people might ask and here is my answer:
I don't know if the unit price will decline further but if it should, knowing what I know and all else being equal, I would probably be buying more.
Investing in APTT, we are not investing for growth. We want its income generation ability. If you thought you were investing for growth when you got into APTT, you might have the wrong tool.
Know what we want to do and use the right tools.
For those of us who invested in APTT for income, ask if anything has happened which has damaged its ability to generate income significantly and, if something has happened, is the damage long lasting? Then, do what you have to do.
Know what am I going to say?
Yes, if AK can do it, so can you!
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Agree with the blogger AK on his views. How I see this Trust is that it will need to reduce its distributions per unit at least for next year due to its additional capex on network expansion and premium digital cable TV which will be still ongoing for at least next year. As to how much the distribution per unit is going to be adjusted downwards (assuming management of APTT does adjust the distribution per unit next year), we leave it to the management to work things out. From their actions on whether they will adjust the distribution per unit downwards to a more sustainable level, we can also tell what kind of management this is, an aggressive type that only caters to performance or sensible type that know how to milk the cow at a more sustainable level. Hopefully, this recent round of significant selling off of their units has taught the management that perhaps long term sustainability is better than short term aggressive performance in distribution payout.
As mentioned earlier, I am more concerned with the future entry of chairman Mr Lu of Asia Pacific Telecom whether he can value add to TBC' s business which APTT owns. That will be the crux of the future performance of TBC which affects future distribution payouts. Short-term wise, distribution payout is not sustainable unless management still go hard with it to maintain the payouts by incurring more borrowings. Then, it is not sensible management action just to prop up the distribution payout with more borrowings. This is paying distributions with future money which APTT does not have now which is not financially sensible at all. If management were to do this next year, I will give a pass on even considering investing in APTT as I see this as not financially sensible action.
churnw ( Date: 01-Jan-2017 18:29) Posted:
On this note, I will now say something about APTT because it seems that many readers were attracted to APTT by the relatively high distribution yield of 10% and bought into it. Now, many of them are worried because the unit price plunged.
If we know the value of a stock, we would know if the price makes sense. If we didn't know the value of the stock, we would never know if the price makes sense. If we don't know this, price movements would make us emotional.
I said before that APTT's past DPU of 8c was unsustainable. Although the management reduced DPU to 6.5c, I said that it might be more prudent to have a DPU of 4c which, I felt, was more sustainable. That was because 4c would be closer to APTT's EPS.
At 37.5c a unit, I decided to add to my investment in APTT recently. I know what some people might ask and here is my answer:
I don't know if the unit price will decline further but if it should, knowing what I know and all else being equal, I would probably be buying more.
Investing in APTT, we are not investing for growth. We want its income generation ability. If you thought you were investing for growth when you got into APTT, you might have the wrong tool.
Know what we want to do and use the right tools.
For those of us who invested in APTT for income, ask if anything has happened which has damaged its ability to generate income significantly and, if something has happened, is the damage long lasting? Then, do what you have to do.
Know what am I going to say?
Yes, if AK can do it, so can you!
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Temasek Holdings Pte Ltd. Holds
~114.61m units or (%)7.98%
As of mar 2016.
Quote from a blog ...
On this note, I will now say something about APTT because it seems that many readers were attracted to APTT by the relatively high distribution yield of 10% and bought into it. Now, many of them are worried because the unit price plunged.
If we know the value of a stock, we would know if the price makes sense. If we didn't know the value of the stock, we would never know if the price makes sense. If we don't know this, price movements would make us emotional.
I said before that APTT's past DPU of 8c was unsustainable. Although the management reduced DPU to 6.5c, I said that it might be more prudent to have a DPU of 4c which, I felt, was more sustainable. That was because 4c would be closer to APTT's EPS.
At 37.5c a unit, I decided to add to my investment in APTT recently. I know what some people might ask and here is my answer:
I don't know if the unit price will decline further but if it should, knowing what I know and all else being equal, I would probably be buying more.
Investing in APTT, we are not investing for growth. We want its income generation ability. If you thought you were investing for growth when you got into APTT, you might have the wrong tool.
Know what we want to do and use the right tools.
For those of us who invested in APTT for income, ask if anything has happened which has damaged its ability to generate income significantly and, if something has happened, is the damage long lasting? Then, do what you have to do.
Know what am I going to say?
Yes, if AK can do it, so can you!
I' m not sure how this trust sustains its current DPU payout 6.5 cents? I assume their DPU will be paid out from earnings like telcos, rather than from cash flow like REITs since there is probably valid ammortisation of their licensing fees? In that case, their forward EPS is around 3 cents from last qtr results which will not sustain a DPU of 6.5 cents.
Almost same price with Sabana reit.
johnng ( Date: 30-Dec-2016 15:39) Posted:
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