Asked on 29 Apr 2019
Discuss anything about share price, dividends, yield, ratios, fundamentals, technical analysis and if you would buy or sell this stock on the SGX Singapore markets. Do take note that the answers given by our members are just your opinions, so please do your own due diligence before making an investment!
Below is my brief view of SGX
SGX have three main business units: Equities and Fixed Income, Derivatives, and Market Data and Connectivity. The Equities and Fixed Income unit comprises Issuer Services, Securities Trading and Clearing, and Post Trade Services.
It revenue and income have been steadily growing
SGX have revised it dividend policy for this year and will be paying 7.5 cents per quarter for FY 2019
WIth today closing price of $7.88, it give a reasonable dividend yield of aound 3.8%.
SGX currently is in an overbought region and i have sold off part of the share that was bought in 2 trench $6.90 and $7.40 range.
If SGX will to drop back to $7.30 to $7.40 range, I plan to buy in. If drop below $7, will buy even more.
This is my view only and please do your own due diligent.
I’ll talk about the other things aside from numbers.
The business of bourse operator very unique. In itself, it’s pretty much a monopoly in Singapore.
Competitions comes from bourse operators in other countries, more prominently, Singapore brands like Osim and Razer opting to list in HKSE.
Seems like they starting to go more into derivatives like DLC and others to attract investors worldwide.
Hi anon, I just did up a quick guide on SGX shares at https://blog.seedly.sg/singapore-exchange-sgx-s68-guide. In it, I discussed the business in general, SGX's competitive advantage, historical financial trend, dividend history, valuation, etc.
For those who are interested in SGX for its dividends, there's some good news. The company has been growing its dividend steadily over the years. Since its fiscal year ended 30 June 2009, SGX's dividend has grown by 15% in all.
But as always, please do your own due diligence before investing in SGX shares.