Watchlist I

A couple of those under my watchlist. Will grab some for long term holding if it hits my target price or below.

Ausgroup - $0.65, (Long term holding for Capital gain)
Last done $0.71
Provider of a range of products and services through fabrication, construction and integrated services to natural resource development companies.
Assists its clients to build, maintain and upgrade oil and gas production facilities, both onshore and offshore, surface and subsea and mineral resource materials handling and process facilities. Operates mainly in Australia and South East Asia.

Singtel - $2.91, (Long term holding for Capital gain & Dividend gain in CPFOAIS and/or SRS)
Last done $3.05, Yield of 4.10% (based on last done price of $3.05)
Well known Singapore Telco service provider; with overseas exposure

Parkway Life REIT - $1.22, (Long term holding for Capital gain & Dividend gain in CPFOAIS and/or SRS)
Last done $1.35, Yield of 5.67% (based on last done price of $1.35), Gearing of 23.2%
Asia's largest healthcare REIT; Investment Portfolio of 3 Hospitals & Medical Centres, 17 Nursing Homes, 1 pharmaceutical product distributing and manufacturing facility.
Owns the largest portfolio of strategically located private hospitals in Singapore, comprising Mount Elizabeth, Gleneagles Hospital and East Shore Hospital. In addition, it has 18 assets located in Japan, namely a pharmaceutical products distributing and manufacturing facility in Chiba prefecture and 17 high-quality nursing homes located in Chiba, Hyogo, Kanagawa, Osaka, Saitama, Fukuoka, Okayama and Tokyo.

Stamford Land - $0.42, (Long term holding for Capital gain)
Last done $0.43
Largest owner-cum-operator of luxury hotels in Australia. Focused approach in luxury brand positioning has proved to be highly successful in Australia and New Zealand for both our hotel and property development businesses.

My personal rationale for choosing the above 4 counters:
Ausgroup - Operations involve mineral resources, oil & gas production which are critical resources in the increasingly depleting natural resources climate

Singtel - Component of these indices: Straits Times Index, MSCI Singapore Country, MSCI Asia Pacific Telecommunications, MSCI Asia Pacific ex-Japan & S&P/ASX 200. In fact, Singtel is the biggest (12.95%) constituent of the STI (other top 2 are DBS [10.34%] & OCBC [8.75%]). It also has overseas exposure & investment with most of us being familiar with the Singtel (Optus) arm in Australia. Dividend yield is 4.30% based on personal target price of $2.91.

Parkway Life REIT - Parkway Life REIT is 1 of the only 2 REITs purely into Healthcare sector listed in Singapore Exchange. (I'm already vested in the other REIT counter; First REIT which has been giving me good Capital gain as well as Dividend gain). Sector of healthcare is going to be generally uptrend global wide. And in Singapore, it will be more so due to the aging population in Singapore as well as Singapore attempting to position itself as healthcare hub. The portfolio in Japan also serves as a diversified overseas assets.
Dividend yield is 6.27% based on personal target price of $1.22.

Stamford Land - Personally, I'm keen in its hotel and property development businesses based in Australia and New Zealand. I feel that popular tourism & investment in these 2 countries will reap this counter benefits.
It has recently announced the successful securing of a A$100m re-financing of facilities which will most probably boosts investors' confidence. This counter also has been lagging behind the stock market's surge in the recent few months.


Action:
Been starting to queue for Stamford Land @$0.42 starting from Friday, 08 Jan 10.