OREANDA-NEWS. Effective Monday 19 Jan, the standard board lot size of SGX-listed stocks has been changed from 1,000 units to 100. This has made the stocks that maintain higher share prices more accessible to investors. The majority of these stocks are known as blue-chip stocks. According to the SIAS investment guide book, blue chip stocks are well-established companies with stable cash flows and strong management teams. They are also typically large-cap counters which are index constituents.

Of the dozen stocks listed on SGX that maintain a share price above S\\$10.00 in SGD terms, nine are a part of the Straits Times Index (STI). The combined market capitalization of these nine stocks is almost S\\$300 billion. The nine stocks generated an average 2014 total return of 17.9% and an average 2015 year to date return of 0.5%.

The table below details these nine stocks. These stocks represent Financials and Industrials, with one stock, Jardine Cycle & Carriage representing Consumer Discretionary.

Name SGX
Code
Price in
Local
Currency
Currency Price
in SGD
Total
Return
2014 %*
Px Chg
Pct
YTD %*
Market
Cap
S\\$ bn
Dvd
Ind
Yld %
JARDINE MATHESON HOLDINGS J36 63.50 US Dollar 84.98 25.2 5.3 58.0 2.2
JARDINE STRATEGIC HOLDINGS J37 34.55 US Dollar 46.24 13.0 2.1 51.3 0.8
JARDINE CYCLE & CARRIAGE C07 39.37 SG Dollar 39.37 22.0 -7.6 13.7 3.4
UNITED OVERSEAS BANK U11 23.22 SG Dollar 23.22 19.5 -5.3 36.8 3.0
DBS GROUP HOLDINGS D05 19.92 SG Dollar 19.92 24.6 -3.3 48.7 2.9
SINGAPORE AIRLINES C6L 12.05 SG Dollar 12.05 16.0 3.9 13.9 1.3
OVERSEA-CHINESE BANKING CORP O39 10.32 SG Dollar 10.32 9.3 -1.3 40.6 3.3
CITY DEVELOPMENTS C09 10.18 SG Dollar 10.18 8.2 -0.9 9.1 0.8
HONGKONG LAND HOLDINGS H78 7.48 US Dollar 10.01 23.6 11.8 23.8 2.4

Source: Bloomberg (Data as of 20 January 2015) *Based on Singapore Dollars

Jardine Matheson Holdings

Jardine Matheson Holdings Limited operates in the engineering and construction, transportation, insurance broking, property investment and development, retailing, restaurants, luxury hotels, motor vehicles, financial services, heavy equipment, mining, and agribusiness primarily in Asia.

Jardine Matheson Holdings has a market capitalisation of S\\$58.0 billion and generated a 2014 total return of 25.2%. On 1 August 2014, the company reported their earnings per share for the six months ended 30 June 2014, increased by 4% to US\\$2.22 from the corresponding period last year. The stock went ex-dividend on 20 August 2014, distributing US\\$0.38 per share in dividends.

Jardine Strategic Holdings

Jardine Strategic Holdings Limited, through its subsidiaries, is engaged in engineering and construction, transport services, insurance broking, property investment and development, retailing, restaurants, hotels, motor vehicles and related activities, financial services, heavy equipment, mining, and agribusinesses worldwide.

Jardine Strategic Holdings has a market capitalisation of S\\$51.3 billion  and generated a 2014 total return of 13.0%. On 1 August 2014, the company reported their profit attributable to shareholders for the six months ended 30 June 2014, increased by 2% to US\\$876 million from the corresponding period last year. The stock went ex-dividend on 20 August 2014, distributing US\\$0.08 per share in dividends.

Jardine Cycle and Carriage

Jardine Cycle & Carriage Limited, an investment holding company, is engaged in the manufacture, assembly, distribution, retail, and after-sales service of motor vehicles and motorcycles in Indonesia, Malaysia, Singapore, Vietnam, and Myanmar.

Jardine Cycle and Carriage has a market capitalisation of S\\$13.7 billion and generated a 2014 total return of 22.0%. On 4 November 2014, the company reported their shareholders’ funds for the nine months ended 30 September 2014, increased by 7% to US\\$4.5 billion from the corresponding period last year. The stock went ex-dividend on 27 August 2014, distributing US\\$0.18 per share in dividends.

United Overseas Bank

United Overseas Bank Limited provides various banking products and services. The company’s Group Retail segment offers personal financial products and services, such as deposit accounts, home loans, vehicle loans, credit/debit cards, and overdraft facilities, as well as investment, insurance, and treasury products; and investment management, asset management, and estate planning to high net worth individuals and accredited investors.

United Overseas Bank has a market capitalisation of S\\$36.8 billion and generated a 2014 total return of 19.5%. On 30 October 2014, the company reported their earnings for the nine months ended 30 September 2014, increased by 10.2% to S\\$2.5 billion from the corresponding period last year. The stock went ex-dividend on 18 August 2014, distributing S\\$0.20 per share in dividends.

DBS Group Holdings

DBS Group Holdings Ltd provides a range of commercial banking and financial services in Singapore, Hong Kong, rest of Greater China, South and Southeast Asia, and internationally. Its Consumer Banking/Wealth Management segment provides current and savings accounts, fixed deposits, loans and home finance, cards, payments, investment, and insurance products to individual customers.

DBS Group Holdings has a market capitalisation of S\\$48.7 billion and generated a 2014 total return of 24.6%. On 31 October 2014, the company reported their earnings for the nine months ended 30 September 2014, increased by 19% to S\\$3.2 billion from the corresponding period last year. The stock went ex-dividend on 13 August 2014, distributing S\\$0.28 per share in dividends.

Singapore Airlines

Singapore Airlines Limited, together with subsidiaries, provides passenger and cargo air transportation services in East Asia, Europe, South West Pacific, the Americas, West Asia, and Africa. The company also offers engineering services, air charters, and tour wholesaling and related services, as well as is engaged in the training of pilots.

Singapore Airlines has a market capitalisation of S\\$13.9 billion and generated a 2014 total return of 16.0%. On 6 November 2014, the company reported their operating profit for the first half of the 2014-15 financial year, increased by 1.2% to S\\$171 million from the corresponding period last year. The stock went ex-dividend on 14 November 2014, distributing S\\$0.05 per share in dividends.

Oversea-Chinese Banking Corp

Oversea-Chinese Banking Corporation Limited offers various financial and wealth management products and services. Its Global Consumer/Private Banking segment provides a range of products and services to individual customers, including deposit products, such as checking accounts, and savings and fixed deposits; housing and other personal loans; credit cards; wealth management products; and brokerage services.

Oversea-Chinese Banking Corporation has a market capitalisation of S\\$40.6 billion and generated a 2014 total return of 9.3%. On 30 October 2014, the company reported their net profit after tax for the third quarter ended 30 September 2014, increased by 62% to S\\$1.2 billion from the corresponding period last year. The stock went ex-dividend on 25 August 2014, distributing S\\$0.18 per share in dividends.

City Developments

City Developments Limited, through its subsidiaries, engages in the development and investment of real estate properties, and ownership and management of hotels, as well as the provision of hospitality solutions. It develops various types of residential properties; develops and leases commercial properties; owns and operates 110 hotels in 18 countries; and provides technology solutions for the global hospitality industry.

City Developments has a market capitalisation of S\\$9.1 billion and generated a 2014 total return of 8.2%. On 12 November 2014, the company reported their revenue for the quarter ended 30 September 2014, increased by 58.3% to S\\$1.3 billion from the corresponding period last year. The stock went ex-dividend on 21 August 2014, distributing S\\$0.04 per share in dividends.

Hongkong Land Holdings

Hongkong Land Holdings Limited, together with its subsidiaries, is engaged in the investment, development, and management of real estate properties in Greater China, Southeast Asia, and internationally. The company operates through two segments, Commercial Property and Residential Property. It owns and manages approximately 800,000 square meters of office and luxury retail property primarily in Hong Kong and Singapore.

Hongkong Land Holdings has a market capitalisation of S\\$23.8 billion and generated a 2014 total return of 23.6%. On 31 July 2014, the company reported their profit attributable to shareholders for the six months ended 30 June 2014, decreased by 6% to US\\$563 million from the corresponding period last year. The stock went ex-dividend on 20 August 2014, distributing US\\$0.06 per share in dividends.