To The Moon

Seatrium Just Guided For a Profit Jump. Does That Change the Zone 5 Call? 🦖 🔍 The Angle Seatrium just told the market H1 profit will jump, but the fine print says the improvement is mainly from divestment gains and margin tweaks, not proven recurring cash. That is the kind of guidance that makes the headline look strong while leaving interest coverage and cash conversion completely untested until 31 July. I am far more interested in whether the business can pay its lenders comfortably than whether one half-year looks prettier on paper. 💰 What It Means For You If you are relying on Seatrium for CPF or SRS-linked income, a “material improvement” in NPAT driven by one-off gains does not move your yield or safety floor yet. Until we see H1 numbers that show interest cover back above four times

$Starbucks(SBUX)$ reports fiscal third-quarter results after the market closes on July 29. Its previous quarter provided evidence that customer traffic was recovering, but the turnaround is increasing labour and store expenses before the full revenue benefit has appeared. In the fiscal second quarter ended March 29 and reported April 28, global comparable-store sales increased 6.2%, supported by a 5.9% increase in transactions. Revenue rose 9% to $9.5 billion, while adjusted earnings reached $0.50 per share. Starbucks’ official second-quarter release provides the figures. Management raised expected fiscal-year comparable sales growth to at least 5% and adjusted EPS guidance to $2.25–$2.45. The “Back to Starbucks” strategy focuses on shorter waitin

🔝Nikkei225 put warrants and a Keppel call warrant are amongst the top warrant gainers as of 130PM today, with gains of more than 40% following the Nikkei225's -4.2% selldown and Keppel's +2.7% outperformance in the Singapore market Top warrant gainers today extracted from https://warrants.com.sg/marketdata/topgainloss/gainer/Today 🔻Conversely, Nikkei225 call warrants are invariably amongst the top warrant losers, as they fall between 29% to 36% in line with the Nikkei225's drop Top warrant losers today extracted from https://warrants.com.sg/marketdata/topgainloss/loser/Today ➡ $Nikkei 225 Index(N225.JP)$ : the index has once against taken its cue from the carnage in the KOSPI, which is down 10.7%. Both indices have led the MSCI Asia Pacific Ind

$PayPal(PYPL)$ enters second-quarter earnings with an unusual combination: a globally recognized payments network, improving transaction economics and a valuation normally associated with a slow-growth company. The unanswered question is whether management can revive its branded checkout business without sacrificing margins. In the first quarter, reported on April 28, revenue increased 7% to $8.4 billion, or 5% excluding currency movements. Transaction-margin dollars rose 3% to $3.8 billion, but non-GAAP operating income declined 5% to $1.5 billion. PayPal’s first-quarter earnings release filed with the SEC provides the results. Transaction-margin dollars are more informative than payment volume alone. PayPal processes considerable lower-margin vo