What happened in markets this week, and what are analysts talking about? SGX •Phillip Capital; Maintain Neutral with lower TP S$10.78. The House maintained Neutral on the stock, reducing its FY22F earnings by 6.1% as the House factor in lower volumes for FTSE China A50 contracts, following HKEX’s move to launch MSCI China A50 Connect […]

What happened in markets this week, and what are analysts talking about? Propnex •Phillip Capital; Downgrade to Accumulate. The House downgraded the stock to Accumulate with TP S$2.08. The House lift its FY21F PATMI estimates by 53% but believes the recent rally has priced in most of the positives. The downgrade follows UOBKH who also […]

Communication and trust are essentials, if you want to build relationships and be successful in life. Realising after the fact that you were lied to, and after each occurrence, you will beat yourself up for trusting the wrong person, which resulted in poor decisions. Ethical persuaders do not lie, conceal facts or distort the truth […]

What happened in markets this week, and what are analysts talking about? Civmec •KGI; Initiate Outperform with TP S$0.86. The House thinks that Civmec has both short and long term drivers. Short term drivers include favourable industry dynamics driven by China’s appetite for iron ore. The likelihood of increased contract wins as Australian government ramps […]

As featured on The Business Times THE proposed sale process of mm2 Asia MM2 Asia: 1B0 +4.84%‘s cinema business will run in parallel with its runway toward listing it on the Singapore Exchange’s Catalist board, the company said on Tuesday. In a bourse filing, the company said that notwithstanding the pending offer for 80 per cent of […]

As featured on Khmer Times Hong Lai Huat has been farming in Cambodia since 2008. The Singapore company got off to a rocky start, because its original crop was corn, which is labour-intensive and dependent on the right weather. It switched to cassava in 2013 because it is more resilient than maize – and saw […]

As featured on The Edge Earnings of Enviro-Hub Holdings came in at $0.7 million in 1HFY21 ended June, a reversal from the losses of $1.6 million logged in the year before. On a fully diluted basis, this translates to earnings per share of 0.042 cents, compared to losses per share of 0.154 cents in 1HFY20. With this, net […]

Enviro Healthcare, a wholly-owned unit of Enviro-Hub Holdings, has entered a sale-and-purchase agreement for its planned acquisition of the remaining 75 per cent stake in an associate, Pastel Glove, for S$46.8 million. The mainboard-listed company previously disclosed on May 21 that it would pay S$23.4 million in cash for Pastel Glove, and issue 292,500,000 new […]