The Edge Billion Dollar Club 2024 Award Winners
Since 2017, The Edge Singapore Billion Dollar Club (Sponsored by local economic newspaper) The Edge Singapore) has become “one of the most prestigious events” in the region focused on “recognizing and celebrating excellence” among listed companies. Singapore Exchange Limited (SGX: S68 / turn off: to / really /OTCMKTS: SPXCF / SPXCY) The most recent event will be held in early November.
Once again, I realized that these types of awards events are often paid corporate promotional events and therefore do not have much meaning. However, this case is a little different. Recognition of Singapore-listed companies (some winners are headquartered elsewhere or operate regionally or globally but are listed on the Singapore Exchange) They performed better than their peers in their industry. Three key indicators (for more information: methodology here):
Delivered highest returns to shareholders over 3 years
Awarded the highest after-tax profit growth rate for three years
Best Weighted Return on Equity Award over 3 Years
Overall Category Winner
You can decide for yourself whether your calculations for these rewards are reasonably accurate…
winner Billion Dollar Club (BDC) A company with a market capitalization of over $1 billion (assuming Singapore dollars…). centurion club We recognize companies with a market value between $100 million and $1 billion.
Last year I wrote a post for the 2023 winners and a recent post covering: Edge Billion Ringgit Club 2024 For Malaysian listed or based shares:
The remainder of this post is organized as follows:
* Note: For paid subscribers on desktop (non-mobile) browsers (not sure about the Substack app…) An automatically generated substack table of contents with industry/sector, stock, and awards appears as a small line on the left side of your desktop browser. Only after the post is published and emailed can you add that link to the table of contents within the post (I’ll get that done in a few hours…).
contents
To make your life easier, the rest of this post includes A much shorter inventory description (our Oceania and Southeast Asia stock indices) To make the entire post easier to scan, I’m including the following:
Industry/sector group, stock name, and specific award categories won within the industry/sector group.
Linked headlines and excerpts to detailed articles in The Edge about individual stocks and why they received awards.
🌐🌏 etc. This is quite subjective. for example, Many stocks are part of global supply chains rather than purely domestic companies.
🏛️ Companies owned, controlled or influenced by the state.
👼🏻 ESG Friendly Stocks Example: Renewable Energy. This is quite subjective.
🅿️ Preferred shares available (Note: I do not see a complete list of preferred shares or preferred shares readily available on the internet…).
IR page link and Yahoo! A very simple explanation of stock quotes. Financial or other sites.
All Wikipedia pages ( 🇼) and a substack stock tag link (marked with 🏷️) linked to the post below. EM Stock Pick Tear Sheet.
It is the price/book (current) ratio plus the leading or trailing P/E plus the dividend yield tied back to Yahoo! This is a financial statistics page.
The latest long-term technical charts financial resources linked back to Yahoo!
Finally, all stocks below have been added to our stock. Oceania and Southeast Asia stock indices (Holds 116 Singapore stocks…) This includes additional inventory and resources.
And as always, this post Provided for informational purposes only (And to make your life easier…). This does not constitute investment advice and/or recommendations…
🔬 Research analysis (including articles/blog posts by fund managers, etc.) 🎥 video; 🎙️ podcast; 🎬 Webinars; 📰 Newspaper/Magazine Articles; 📯 press release; 💻 Substack/Blog/Website Articles; ✅ Our own posting; 🗃️ Archived article; ⏰ Upcoming webinar or event ⚠️ Public or limited access, for example based on your location, investor status, etc. 🇼 Wikipedia page; 🏷️ These are tagged links to other posts about that stock.
📰 DBS dominated the banking and megacap categories with a market capitalization exceeding $100 billion.
🌏 DBS Group (SGX: D05 / turn off: DEVL / development /OTCMKTS: DBSDY / DBSDF) – It is an Asian financial services group operating in 19 markets including Greater China, Southeast Asia, and South Asia. 🇼 🏷️
Price/Book (current): 1.83
Forward P/E: 11.01/ Annual Dividend Yield: 4.89% (yahoo! financial resources)
📰 Now, 17 years later, CDL continues to pioneer the development of sustainability reporting.
🌐 urban development restrictions (SGX: C09 / turn off: CDE /OTCMKTS: CDEVY) – Global real estate company. 143 locations in 28 countries and regions. Residences, offices, hotels, serviced apartments, student accommodation, retail malls and integrated developments. 🇼 🏷️
Price/Book (current): 0.51
Forward P/E: 10.18 / Annual Dividend Yield: 3.12% (yahoo! financial resources)
📰 ComfortDelGro and SIA are back from the pandemic.
📰 Shaping the future of sustainable mobility
📰 ComfortDelGro and SIA are back from the pandemic.
🌏🌍 ComfortDelGro Co., Ltd. (SGX: C52 / turn off: VZ1 / VZ10 /OTCMKTS: CDGLF / CDGLY) – Buses, taxis, rail, car rental/leasing, automotive engineering, inspection and testing, driving centers, non-emergency patient transport services, insurance brokerage and outdoor advertising. 🇼 🏷️
Price/Book (current): 1.20
Forward P/E: 13.42 / Annual Dividend Yield: 4.99% (yahoo! financial resources)
