Portfolio July 2018

PhilipCapital has a buy recommendation for Singapore O& G
with a target price of 42 cts. Previous recommendation was " accumulate" .

Singapore O& G Limited

These 2 companies are trading near it' s 52 weeks low:

1. Excelpoint
52 weeks low 59 cts. High 76 cts.
Current trailing p/e 5.9X
Dividend yield - 7.5% based on dividend of 4.5 cts n current price of 60.0 cts.

2. Singapore O& G
52 weeks low 32.5 cts. High 54.5 cts.
Current trailing p/e 15.7X
Dividend yield around 5.1% based on higher interim dividend declared n price of 35.0 cts.

Just sharing ... dyodd

Sharing some datas:

Profit Summary FY 2015 against 2017

ISEC profit up 186.5% from S$2.76 to S$7.9 mil

Excelpoint profit up 85.9% from US$4.35 to US$8.09 mil

Chasen profit up 111.3% from S$2.59 to S$5.48 mil

Singapore O&G profit up 59.3% from S$5.34 to S$8.5 mil



Profit Summary HY 2017/2018

ISEC profit up 19.1% fromS$3.6 to S$4.3 mil

Excelpoint profit up 32.8% from US$2.76 to US$3.66

Chasen profit up 97.0% from S$0.75 to S$1.48 mil

Singapore O&G profit up 50.4% from S$4.24 to S$6.22 mil

Note ... Chasen is 1Q to 1Q

Conclusion:
Looks like 2018 is going to be another good year for
the above 4 companies based on latest profit trend.

Just sharing ... dyodd

Dividend yield:
Excelpoint ... .......7.4%
Chasen ........ ......3.8%
Singapore O&G ... 5.1 %
ISEC ...................5.0%

Trailing P/E
Excelpoint ... ....... 6 X
Chasen ........ ...... 4.8 X
Singapore O&G ... 15.7 X
ISEC ...................17.4 X

Based on current price ... Excelpoint 60.5cts, Chasen 7.8 cts;
Singapore O&G 34.5 cts and ISEC 29.5 cts.

Just sharing ... dyodd

Update on performance.
Since the date of my post the Straits Time Index has dropped from 3238.94
to 3139.3, a drop of 99.64 points or 3.0% Thye Catalist Index faired worst
dropping from 394 to 359.12, a drop of 34.8 points or 8.8%

Relative to the index , my portfolio has performed fairly. It registers a gain
of 2.37% inclusive of dividends. The portfoilio has gone through a difficult
period in August. I believe it will do even better in the 2nd half so long as the
profit n revenue trend continue.

Just sharing ... dyodd

Excelpoint is 1 of the 4 companies in my Portfolio July 2018.
Currently trading at 60 cts. This gives a yield of 7.5% and a
trailing p/e of 5.9 X.