These are Singapore companies which announced share buybacks on Friday, 12 July 2019: Venture, Olam, Straits Trading and Global Palm Resources.
Contract manufacturer Hi-P guided Thursday for lower revenue, but higher profit for the second quarter, compared with the second quarter of 2018.
MeGroup said Monday it was issued a letter of appointment (LOA) Sime Darby Auto Connexion to operate its first Ford dealership.
Maybank KimEng upgraded contract manufacturer Hi-P to Hold from Sell, saying the negatives are priced in after the stock’s 22 percent drop since late April.
Maybank KimEng upgraded Venture to Buy from Hold, saying the around 18 percent drop in its share price since late April has created an entry point.
Creative Tech said Thursday it would work with OEM computer maker Clevo to include its Super X-Fi sound technology in the Taiwan company’s gaming laptops.
Daiwa started coverage of Venture at Outperform with a S$17.90 target price, pointing to its transition toward integrating R&D services.
Any benefit to Venture from the U.S. FDA approval of the IQOS heated tobacco device likely won’t show up at the bottom line until 2020, UOB KayHian said.
Hi-P reported Thursday 1Q19 net profit rose 5.8% on-year to S$10.7M despite pricing pressures and a shift toward a lower-margin product mix.
Creative Technology reported Tuesday a fiscal 3Q net profit of US$10.03M, swinging from a year-ago net loss, amid gains from a patent lawsuit settlement.
Maybank KimEng downgraded Venture to Hold from Buy in a note on Friday, pointing to the cautious outlook the company provided with its earnings.
Venture reported Thursday its 1Q19 net profit rose 8.6 percent on-year to S$90.9 million on broad-based growth in its technology portfolio.
MeGroup said Tuesday it obtained rights to operate a Hyundai 3S automobile dealership in Klang, Selangor, from Hyundai-Sime Darby Motors.
Hi-P Tuesday issued profit guidance for the first quarter of 2019 revenue and profit to come in similar to levels in the first quarter of 2018.
These are Singapore companies likely to be in focus on Monday, 15 April 2019: UIC, OUE, Yangzijiang, Keppel, Ezion and Yongnam.
Maybank KimEng said on Monday that shares of Hi-P International were overvalued after gaining 47 percent since posting its earnings in late February.
These are Singapore companies which may be in focus on Friday, 5 April 2019: Hyflux, Frasers Property, CapitaLand Mall Trust and Uni-Asia.
These are Singapore companies which may be in focus on Wednesday, 3 April 2019: Keppel REIT, Singtel, DeClout and Addvalue Technologies.
MeGroup said Wednesday it would buy an additional 25 percent of subsidiary MJN Motors, which owns and operates its Honda dealerships.
These are Singapore companies which may be in focus on Monday, 1 April 2019: Swiber, SIA Engineering, Hyflux, Singapore Airlines and CapitaLand.
These Singapore companies may be in focus on Thursday, 14 March 2019: China Jinjiang Environment, Yanlord, Starhill Global REIT and Reclaims Global.
These are Singapore companies which may be in focus on Tuesday, 12 March 2019: SATS, Wilmar, Hyflux, Reclaims Global and Accordia Golf Trust.
MeGroup said Monday it started to produce NVH components in January for the air-conditioning industry as an approved supplier of Johnson Controls Hitachi.
Maybank KimEng upgraded Hi-P International to Hold from Sell, saying the worst appeared to be over, but that earnings growth this year might be limited.
These are Singapore companies which may be in focus on Monday, 25 February 2019: Venture, Halcyon Agri and Chip Eng Seng.