Posts byJun Yuan

My name is Jun Yuan, and I am the owner of The Singaporean Investor. I am a full-time retail investor and trader since April 2017, and in this website, I'd be sharing with you my personal analyses of Singapore-listed companies, along with advices relating to investing, as well as trading.

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EC World REIT’s EGM on 07 September 2023: Key Highlights to Take Note

This morning (07 September 2023), EC World REIT (SGX:BWCU) held its EGM to seek unitholders’ approval on the Supplementary Agreement in respect of the Proposed Divestment (including the Long-Stop Date). I have attended the meeting in-person to seek the management’s update, and it was good to see the Chairman, Mr Zhang Guobiao, flying in from China to attend the meeting. He also provided an outlook, to which you can find a summary of, along with CEO Mr Goh Toh Sim’s presentation, responses provided by the management on questions raised by fellow EGM attendees, as well as results of the one resolution put to vote during the meeting…

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The Essentials of Shutterstock Inc. You Need to Know Before You Invest

Shutterstock Inc. (NYSE:SSTK) operates a number of platforms that connects people who create content (such as images, videos, music, and 3D models) with those who want to use it. Users pay a fee to the creators for permission to use the content. Apart from its namesake website Shutterstock.com, it also owns Pond5, TurboSquid, Offset, PremiumBeat, BigStock, and Splash News. In this post, you will learn about the NYSE-listed company’s financial performance, capital management, and dividend payout to its shareholders over the past 5 years (between FY2018 and FY2022), as well as whether its current traded price is considered to be trading at a ‘discount’ or at a ‘premium’ compared to its 5-year average valuations…

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EC World REIT – Responses to Clarifications Sought on its Q2 and 1H FY2023 Results

Following EC World REIT’s (SGX:BWCU) release of its Q2 and 1H FY2023 results on 11 August 2023, I have raised 4 questions for the REIT’s management – 2 on its portfolio occupancy profile, and 2 on its debt profile. In this post, you will find their responses, which I am sharing in this post with fellow unitholders of the REIT…

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EC World REIT’s EGM on 07 September 2023 – What You Need to Know

EC World REIT (SGX:BWCU) will be holding an EGM on Thursday, 07 September 2023, to seek unitholders’ approval on the supplementary agreement in respect of the proposed divestment of the 2 properties to raise funds required to prepay 25.0% of its borrowings. In this post, you will find my summary of the most important pointers in the circular to unitholders to take note of…

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7 Singapore-REITs that Reported an Increase in Distribution Payout

At the time of writing, most of the REITs have already released its quarterly results or business updates for the quarter ended 30 June 2023. As a result of higher borrowing costs due to the current rising interest rate environment, most of them reported a weaker distribution payout to unitholders compared to last year. However, there are 7 REITs that bucked the trend and saw their distribution payout to unitholders recording an increase. Find out what these REITs are in this post…

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EC World REIT’s Q2 & 1H FY2023 Results – My Review

Currently with 7 properties in its investment portfolio (do note that 2 of them are pending divestment with proceeds used for repayment of its borrowings), EC World REIT (SGX:BWCU) is a China-based REIT listed on the Singapore Exchange which invests in income-producing properties used for e-commerce, supply-chain management, and logistics purposes. Last Friday evening (11 August 2023), it has released its results for the 2nd quarter, and for the 1st half of FY2023, and in this post, you will find my review of its latest financial performance, portfolio occupancy and debt profile, as well as its distribution payout to unitholders…

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Understanding the Four Singapore-Listed REITs and Business Trust Sponsored by Keppel

Keppel is a global asset manager and operator with strong expertise in sustainability-related solutions spanning the areas of infrastructure, real estate and connectivity. Currently, there are 4 REITs and Business Trust listed on the Singapore Exchange sponsored by Keppel, and they are: Keppel REIT (SGX:K71U), Keppel DC REIT (SGX:AJBU), Keppel Pacific Oak US REIT (SGX:CMOU), and Keppel Infrastructure Trust (SGX:A7RU). In this post, you will learn more about the types of assets each entity invests in, key highlights about their developments, as well as their 1H 2023 business updates…

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A Comparison of the 3 Singapore Banks’ Results for Q2 and 1H FY2023

Now that all 3 Singapore-listed banks (in DBS, UOB, and OCBC) have released their results for the 2nd quarter, as well as for the 1st half of FY2023, let us put their results side-by-side to find out which one fared the best in terms of improvements in its financial results, key financial ratios, and dividend payouts to shareholders. Also, in this post, you will find which of the 3 banks are currently the ‘cheapest’, and which is the ‘most expensive’…

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Playing with FIRE: Reviewing & Investing in the Singapore Market for 2H 2023

‘Playing with FIRE’ is a monthly show by MooMoo Singapore, hosted by Ms Olivia Higgins, where she interview financial experts on their financial journey. I had the honour of being invited by Ms Higgins onto the show yesterday (03 August 2023). For those of you who have missed it, you can check out a replay of it here…

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My Review of OCBC’s Q2 & 1H FY2023 Results

The second largest financial services group in Southeast Asia by total assets, Oversea-Chinese Banking Corporation (SGX:O39), or OCBC for short, have made available its results for the 2nd quarter, and for the 1st half of FY2023 ended 30 June this morning (04 August). In this post, you will find my review of the Singapore bank’s latest financial figures, key financial ratios, and also its dividend payouts to shareholders…

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