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4 Stocks This Week (SGX Bull Charge) 8 Nov 2019 – SGX; Sasseur REIT; Lian Beng; Oxley

All 4 companies’ share prices have also charged ahead in 2019.


This week, DollarsAndSense was invited to the SGX Bull Charge Charity Run 2019, which marks the finale of a year-long host of activities lined up as part of the SGX Bull Charge, which is one of the biggest corporate charity events in Singapore that attracts the participation of over 100 Singapore corporates. Its main goal is to raise funds for its beneficiaries, providing them more care and assistance and helping them lead a more positive, meaningful and comfortable life.

Being part of the run, we thought we would highlight four SGX-listed corporates that were part of the event in a meaningful way, being sponsors of the event, in this instalment of our 4 Stocks This Week column.

Singapore Exchange Limited (SGX: S68)

The Singapore exchange is the main sponsor spearheading the year-long SGX Bull Charge activities.

Of course, the Singapore exchange (SGX) is itself is a company that is listed on the SGX, that we can invest in. SGX is a multi-asset exchange operating not just the equity market that many of us would be familiar with, but also fixed income, currency and commodity markets.

According to its 2019 Annual Report, its main revenue sources are from 1) Equities and Fixed Income ($348 million), which includes Issuer Services ($80 million), Security Trading and Clearing ($182 million) and  Post Trade Services ($86 million), as well as 2) Derivatives ($460 million) and 3) Market Data and Connectivity ($103 million).

Compared to FY2018, its FY2019 revenue and net profit each grew by approximately 7.7%, to $910 million and $391 million respectively.

In the year-to-date 2019, SGX share price has risen over to 28% to $9.16 today, from $7.15 at the end of 2018. Currently, SGX is paying a dividend yield of close to 3.3% per annum.

Read Also: The Motley Fool Singapore Shuts Down. Here Are 13 Websites You Can Follow Instead For Stock Investing Insights And Commentaries

Sasseur REIT (SGX: CRPU)

Sasseur REIT was the premium partner for the SGX Bull Charge Charity Run.

As its name suggests, Sasseur REIT is a listed real estate investment trust (REIT) in Singapore. It claims to be the first outlet mall REIT to be listed in Asia, and currently has four outlets in China in its property portfolio – in the tier-2 Chinese cities of Chongqing, Bishan (which is in China), Hefei and Kunming.

Sassuer REIT is due to post its 3Q2019 results on 14 November.

In the year-to-date 2019, Sasseur REIT’s share price has increased close to 24%, to $0.805 from $0.650 at the end of 2018. This translates to a dividend yield of close to 8.0% per annum.

Read Also: [2019 Edition] Complete Guide To Start Your REITs Investing Journey In Singapore

Lian Beng Group Ltd (SGX: L03)

Lian Beng was a preferred partner at the SGX Bull Charge Charity Run.

Lian Beng is in the business of 1) construction, including residential, industrial and commercial buildings and engineering projects, 2) construction-related services, which manufactures ready-mixed concrete and asphalt premix, provides engineering and construction services and fabricates reinforcement bars, and 3) property investment in local and overseas projects, sale and leasing of office, industrial and residential properties, as well as developing and leasing purpose-build workers’ dormitories.

In its latest FY2019 Annual Report, Lian Beng reported a revenue of $387 million and net profit of $38 million, this was lower than its FY2018 revenue of $407 million and net profit of $95 million. One reason the company cited for the lower numbers were because of the adoption of new reporting standards, and it would have reported higher FY2019 revenue and net profit if it used the same reporting standards in FY2018.

In the year-to-date 2019, Lian Beng’s share price rose 9.7% to $0.51, from $0.465 at the end of 2018. At its current share price, Lian Beng is trading at a dividend yield of 4.4%.

Read Also: Thematic Investing: Can You Really Earn Higher Returns By Investing In SGX Stocks Using This Strategy?

Oxley Holdings Limited (SGX: 5UX)

Oxley was also a preferred partner at the SGX Bull Charge Charity Run.

Oxley’s main business is in property development and property investment, in Singapore, United Kingdom, Ireland, Cyprus, Cambodia, Malaysia, Indonesia, China, Myanmar, Australia, Japan and Vietnam.

In its 2019 Annual Report, Oxley reported a revenue and net profit of $686 million and $138 million. This was lower than its FY2018 revenue and net profit, which came in at $1.2 billion and $282 million respectively. The company stated that this was mainly because of a one-off project it completed in Cambodia in FY2018.

In the year-to-date 2019, its share price has increased nearly 22% to $0.355. This translates into a dividend yield of close to 2.8% per annum.

Read Also: Kiasu Singaporeans’ Guide For Improving Luck In Investing

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4 Stocks This Week is not a recommendation from us to buy or sell any of these stocks. For investors who are keen to find out more, you should continue researching about them before making your investment decisions.