DBS: Knee-jerk selloff in Yangzijiang shares appears overdone
The knee-jerk selloff of around 20 percent in Yangzijiang Shipbuilding’s shares on 8 August appears overdone, DBS said in a note Thursday.
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Thai Beverage downgraded by RHB despite fiscal 3Q results beating forecasts
Singapore stocks to watch Monday: Yangzijiang, ThaiBev, Hyflux, Sasseur REIT
Hyflux: To negotiate exclusively with potential investor Utico FZC
Sasseur REIT transfers undeveloped Kunming land parcel to sponsor
Thai Beverage incorporates two subsidiaries in Hong Kong
Singapore share buybacks Friday: Yangzijiang, Keppel, Boustead, Stamford Land
UPDATE: Yangzijiang buys back more shares after stock’s recent plunge
Shenton Wire nominated for SGX Orb Award
UPDATE: Singapore stocks to watch Friday: SIA, Frasers Property, Jardine C&C, CRCT, Cromwell European REIT
These are Singapore companies which may be in focus on Friday, 16 August 2019: Singapore Airlines, Frasers Property, Jardine Cycle & Carriage and CRCT.
Singapore Airlines carried 6 percent more passengers in July
Singapore Airlines Group carried 3.30 million passengers in July, up 6.3 percent on-year, the carrier said Thursday.
Frasers Property (Thailand) acquires nearly 95 percent of Golden Land Property
Frasers Property (Thailand) has acquired 94.50% of Golden Land Property in its tender offer for the Thailand-listed company, Frasers Property said Thursday.
Singapore share buybacks Thursday: Yangzijiang, ST Engineering, Stamford Land, Keppel
These are Singapore companies which announced share buybacks on Thursday, 15 August 2019: Yangzijiang, ST Engineering Stamford Land and Keppel Corp.
UPDATE: Singapore stocks to watch Thursday: ThaiBev, YZJ, Sembcorp, OUE, Accordia Golf, No Signboard
These are Singapore companies which may be in focus on Thursday, 15 August 2019: Thai Beverage, Yangzijiang, Sembcorp, OUE and Accordia Golf.
Uni-Asia 2Q19 net profit jumps 52 percent on higher investment returns and hotel income
Uni-Asia Group reported Wednesday its second quarter net profit jumped 52 percent on-year to US$2.96 million on higher investment returns and hotel income.
Sunpower’s 2Q19 net profit jumped 85 percent
Sunpower Group reported Wednesday its 2Q19 net profit, excluding the impact of its convertible bonds, jumped 106.3 percent to 52.48 million yuan.
Spackman Entertainment reports 2Q19 loss as film production costs rose
Spackman Entertainment reported Wednesday a 2Q19 net loss of US$1.53 million, 1 percent narrower on-year, as film production costs rose.
Golden Agri reports 2Q19 net loss widens as palm oil prices fall
Golden Agri reported Wednesday its 2Q19 net loss widened to US$64.70M, from a net loss of US$39.02M in the year-ago quarter as palm oil prices dropped.
Singapore share buybacks Wednesday: ST Engineering, Stamford Land, Boustead
These are Singapore companies which announced share buybacks on Wednesday, 14 August 2019: ST Engineering, Stamford Land and Boustead.
Sembcorp Industries reports 2Q19 net profit rose 20 percent
Sembcorp Industries reported Wednesday its second quarter net profit rose 20 percent on-year to S$98 million, supported by the energy business.
Old Chang Kee fiscal 1Q profit after tax drops 53 percent
Old Chang Kee reported Wednesday its profit after tax dropped 52.6 percent on-year to S$593,000 on changes to accounting for leases and lower revenue.
UPDATE: Thai Beverage reports fiscal 3Q net profit climbed 26 percent
Thai Beverage reported Wednesday its fiscal 3Q net profit climbed 26 percent on-year on higher contributions from the food, beer and spirits segments.
Sponsored: INVEST Fair to bring world-class investment speakers to Singapore
The INVEST Fair conference will bring world-class investment speakers to Singapore for 13th year of the retail investor focused event.
Isetan Singapore swings to 2Q19 net profit from year-ago loss
Isetan Singapore reported Wednesday a second quarter net profit of S$40,000, swinging from a year-ago net loss of S$1.39 million as expenses fell.
Accordia Golf Trust fiscal 1Q net profit fell 3 percent
Accordia Golf Trust reported Wednesday its fiscal 1Q net profit fell 3.2 percent on-year 2.32 billion yen on higher interest and income tax expense.
No Signboard: Turning cautious on new brands after shuttering Hawker QSR
No Signboard Holdings said it wouldn’t launch any new dining brands after shuttering its three Hawker QSR outlets after less than a year.
Yangzijiang: Executive chairman assisting in China investigation
Yangzijiang said Wednesday Executive Chairman Ren Yuanlin has taken a leave of absence while assisting in a confidential investigation by China authorities.
UPDATE: Singapore stocks to watch Wednesday: Wilmar, ComfortDelGro, MUST, Yanlord, OUE, Accordia Golf
These are Singapore stocks which may be in focus on Wednesday, 14 August 2019: Wilmar, ComfortDelGro, MUST, Yanlord, OUE and Accordia Golf.
