BreadTalk Group

This company issued a number of buybacks on 16-17 Apr, 22-23 Apr since its release of its full year 2014 financial statement.

It is currently holding $95 million in cash and its debts stood at $154 million. Its debt is 1.62 times its cash, which still looks healthy on their balance sheet.

Management states its intention to explore opportunities to grow their business in India, Myanmar, Cambodia, Japan and Australia and lastly, China.

Its main business derives from consumer demand, and therefore is resilient against economic downturn.

With the buyback mandate issued by the company, is could be an indicator of a good buy in this stock.

M1, a relatively stable Blue Chip Stock

M1 is relatively stable, given its consistent payout of dividends and rolling out of its 4G network. Although it only focuses on non-tv business, it experienced a healthy net profit growth of 6.6% in its 1st quarter of 2015 as compared to 2014.

It reduced its borrowing from $52 million to $3.8 million, a 92% reduction and also see its cash flow reduced by 83% from 103.9 million to $17.8 million.

Without the need to concentrate on TV business unlike Starhub and Singtel, it should have more resources to its 3 core services namely Mobile telecommunications, International call services and fixed services.