2016 Quarter 2 Financial Results (1)

Companies were reporting their quarterly financial results for the quarter ended 30 June 2016.

The following table provides information on net profit attributable to shareholders for the quarter and year-on-year change between 2016 against 2015. Dividend column shows dividend declared for this quarter.

Stock Net Profit ($m) Change (%) NAV ($) Div ($) Remarks
OCBC 885.0 -15.0 8.19 0.18
UOB 801.0 5.1 18.16 0.35
SIA * 256.6 181.3 11.44 0 1st Qtr
Keppel Corp 205.7 -48.1 6.12 0.08
SGX 76.8 -20.1 0.925 0.13 4th Qtr
SATS 64.1 29.2 1.401 0 1st Qtr
SPH 52.6 -46.4 2.11 0 3rd Qtr
M1 41.0 -7.5 0.431 0.07
SembCorp Marine 11.4 -89.5 1.203 0.015
* SIA: Better operational performance (+$82 m) + divestment gains of $137 m

NAV = Net Asset Value as at end quarter
Div = Dividend declared for the quarter

Quarter results did not show good performance for most companies.

The following table shows Net Asset Value against Share Price at 29 July 2016.

Stock NAV ($) Share Price Current P/B Prev P/B
OCBC 8.19 8.6 1.05 1.02
UOB 18.16 18.2 1.00 1.04
SIA * 11.44 10.98 0.96 0.99
Keppel Corp 6.12 5.25 0.86 0.93
SGX 0.925 7.53 8.14 9.12
SATS 1.401 4.37 3.12 2.89
SPH 2.11 3.78 1.79 1.63
M1 0.431 2.62 6.08 5.35
SembCorp Marine 1.203 1.41 1.17 1.08
Current P/B at 29 July 2016
Previous P/B at 11 Jan 2016 except for M1 (12 May 2016)

P/B = Price to Book ratio

Price to Book ratio (P/B) is computed for each counter. Now you can see which counter was trading below book value of the company (<1.00).

Disclaimer: The author disclaimed liabilities on use of this post by readers for investment decisions. Use them with caution.

Copyright © 2016, limkimtong for Living Investment

The material presented is intended to be general and written in layman’s language as much as it is possible. The author shall not be liable for any direct or consequential loss arising from any use of material written. Please seek professional advice from your financial advisor or financial institutions on material written covering financial matters.

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