Jardine Strategic

Re: Jardine Strategic

Postby winston » Mon Feb 23, 2015 8:51 am

not vested

Jardine Strategic ST: target 32.8 <JSH.SI>

Click here to see our chart:
https://private.tradingcentral.com/char ... 004037.gif

Our pivot point is at 36.4.

Our preference: target 32.8.

Alternative scenario: above 36.4, look for 37.7 and 38.4.

Comment: the RSI is below 50. The MACD is positive and below its signal line.

The MACD must penetrate its zero line to expect further downside. Moreover,the stock is trading under its 20 day MA (35.42) but above its 50 day MA(34.61).

Supports and resistances: 38.4 **37.7 *36.4 **35.9 35.22 last 33.6 32.8 **32.1 *31.3 **

Source: TRADING CENTRAL
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Re: Jardine Strategic

Postby winston » Thu Mar 12, 2015 8:09 am

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Jardine Strategic ST: under pressure below 36.2 <JSH.SI>

Click here to see our chart:
https://private.tradingcentral.com/char ... 004332.gif

Our pivot point stands at 36.2.

Our preference: under pressure below 36.2.

Alternative scenario: the upside breakout of 36.2 would call for 37.3 and 37.9.

Comment: the RSI is below 50. The MACD is below its signal line and positive.

The MACD must penetrate its zero line to expect further downside.

Moreover,the share stands below its 20 and 50 day MA (respectively at 35.24 and 35.04).

Supports and resistances: 37.9 **37.3 *36.2 **35.8 34.7 last 33.4 32.8 **32.1 *31.5 **

Source: TRADING CENTRAL
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Re: Jardine Strategic

Postby winston » Mon Aug 01, 2016 8:43 am

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Jardine Strategic posts 3% decline in 1H earnings to US$664 mil

By Gwyneth Yeo

SINGAPORE (July 30): Jardine Strategic Holdings posted a 3% decline in underlying earnings to US$664 million ($891 million) in 1H16, on the back of challenging market conditions.

Earnings, which included non-trading items, rose 46% to US$1.1 billion, from the revaluations of its investment properties.

Revenue, which includes 100% of revenue from associates and joint ventures, rose 10% to US$34.6 billion, on better results by Jardine Cycle & Carriage and Dairy Farm International, while Hongkong Land’s business remained stable.

However, the group’s results were offset by the declines in the businesses of Mandarin Oriental International and Jardine Matheson.

Jardine C&C reported an 8% decrease in underlying earnings to US$332 million, impacted by the 15% decrease in earnings in Astra to US$249 million and the depreciation of the Indonesian rupiah. But the group recorded a full six-month contribution from Siam City Cement, compared with three months in 2015.

Dairy Farm’s underlying earnings rose 3% from higher contributions from Food, Home Furnishings, Restaurants and an additional contribution from Yonghui, which mitigated a poorer performance from its Health and Beauty division.

Hongkong Land’s commercial portfolio recorded lower vacancies, as profits from mainland China remained steady in its residential segment. There was, however, a lower contribution from Singapore due to the timing of project completions. As such, the group recorded a US$26 million decrease in underlying earnings to US$393 million.

Jardine Matheson recorded a 4% dip in underlying profit to US$636 million. Jardine Pacific recorded a 3.6% earnings decline while Jardine Motors recorded a 50% growth in earnings from improved trading conditions in mainland China. This was offset by Jardine Lloyd Thomson, which saw a 4% decline in its trading profit.

Mandarin Oriental faced a challenging environment in a number of its key markets, including Hong Kong, leading to US$8 million decrease in earnings to US$25 million for the period.

Jardin Strategic’s chairman Ben Keswick expects most of the group’s businesses to “maintain their recent performances in the second half and that a satisfactory result will be achieved for the full year”.

The group has declared an increased interim dividend of 9 US cents per share.

Shares in Jardine Strategic closed 1.17% higher at US$30.20 on Friday.

Source: The Edge
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Re: Jardine Strategic

Postby winston » Mon Sep 19, 2016 10:24 am

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We continue to prefer JS to JM, based on the historically wide 20% relative difference in the discounts to NAV of these two head stocks, as shown in the third chart on the left (JM and JS largely draw their NAVs from the same pool of assets, as shown in Fig 3). The individual discounts to NAV for JM (14%) and JS (34%) and their respective trading bands are shown in Figs 1-2.

JM is the more liquid stock of the two and, by design, pays higher dividends, but we think our target discounts to NAV already incorporate that concept. We are using -18% for JM and -28% for JS (Fig 30), which implies a 10% relative gap, in line with the historical average.

In this note, we are also applying our annual 200bps tightening of our target discounts to NAV (which explains the higher increase in our JM and JS price targets vs. the increases across the subsidiaries; for our methodology please see this note).

The discount to NAV for JM has tightened recently, which we think is in part due to recent index inclusions, including MSCI HK and Singapore’s STI.

If JM’s current 14% discount to NAV proves lasting, it would imply a price target of US$64.10 (8% TSR) in our SOTP framework.

If we then assume a fair 10% relative 10% discount gap between JM and JS, as above, such a tightening of JM’s discount would imply a US$39.80 per share fair value for JS (21% TSR)

Source: Macquarie
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Re: Jardine Strategic

Postby winston » Thu Nov 10, 2016 12:45 pm

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Maintain UNDERPERFORM for JM and NEUTRAL for JS

JM is trading at a 12% discount to NAV, vs its historical average of 23%.

JS is trading at a 27% discount to NAV, vs its historical average of 34%.

Source: CS
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Re: Jardine Strategic

Postby winston » Thu Dec 01, 2016 5:26 pm

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Jardine Strategic Holdings Limited – The Scotland Hong Kong Connection

By Dr. Andrew Stotz, CFA



Source: Value Walk

http://www.valuewalk.com/2016/11/jardin ... onnection/
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Re: Jardine Strategic

Postby winston » Fri Mar 03, 2017 9:55 am

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Jardine Strategic

Posted a 40% YoY jump in net profit to US$2.7 billion for FY16, lifted by a US$1.2 billion share in Hongkong Land's increase in value of its investment property portfolio and net gains of some US$55 million.

A final dividend of 21 US cents was declared, which increases the dividend by 5% for the full year to 30 US cents.

Source: KGI
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Re: Jardine Strategic

Postby winston » Fri Jan 12, 2018 1:16 pm

11 THINGS TO KNOW ABOUT JARDINE STRATEGIC HOLDINGS BEFORE YOU INVEST

Presently, it owns and derives income from the following public-listed subsidiaries:
57 percent shareholding of Jardine Matheson Holdings
75 percent shareholding of Jardine Cycle & Carriage
50 percent shareholding of Hongkong Land
78 percent shareholding of Dairy Farm International
77 percent shareholding of Mandarin Oriental International

Source: Shares Investment

http://aspire.sharesinv.com/52793/11-th ... ou-invest/
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Re: Jardine Strategic

Postby winston » Fri Mar 09, 2018 12:54 pm

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Jardine Strategic and Jardine Matheson report 50% higher FY17 earnings

By PC Lee

SINGAPORE (Mar 6): Jardine Strategic and Jardine Matheson reported FY17 earnings rose by half to US$4.1 billion and US$3.8 billion respectively from a year ago.

Jardine Strategic said it saw strong performances from Astra and Hongkong Land as well as Jardine Motors, Jardine Pacific and Jardine Lloyd Thompson which are directly held by 57% owned Jardine Matheson.

However, both saw lower contributions from Dairy Farm, Mandarin Oriental and Jardine Cycle & Carriage’s non-Astra businesses.

Jardine Matheson's earnings included a US$1.9 billion share of increases in property valuations, principally Hongkong Land’s investment properties in Hong Kong, and US$268 million of other net non-trading gains.

Meanwhile, Jardine Strategic's earnings was boosted by a US$2.3 billion share of increases in property valuations, also from Hongkong Land, and US$195 million of other net non-trading gains.

Jardine Strategic's revenue for FY17, together with revenue from Jardine Matheson, associates and joint ventures, was US$83.8 billion, 16% higher compared to a year ago. The group’s consolidated revenue for FY17 was US$31.6 billion, an increase of 7%.

Jardine Matheson's gross revenue for FY17, which included 100% of revenue from associates and JVs, was US$83.8 billion, 16% higher compared to a year ago. Group’s consolidated revenue for FY17 was US$39.5 billion, an increase of 6%.

Jardine Strategic is recommending a final dividend of 22.50 US cents per share, bringing full year dividend of 32 US cents per share, up 7% from the prior year.

Jardine Matheson is proposing a final dividend of US$1.20 per share, which produces a full year dividend of US$1.60 per share, also uo 7% from last year.

Shares in Jardine Strategic closed 70 cents higher at US$39.30 while shares in Jardine Matheson closed 80 cents higher at $62.80.

Source: The Edge

https://www.theedgesingapore.com/jardin ... 0-91832885
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Re: Jardine Strategic

Postby winston » Mon Sep 03, 2018 9:45 am

not vested

JSH USD Ltd – Weekly timeframe – Bullish

The bullish rejection off the support area on the week ended 31/08/18 formed a hammer rejection signals a high likelihood of a reversal higher next.

Expect the long-term uptrend to resume next for price to test the 37.50 resistance area followed by 42.29

Source: Phillips
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