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 […]

What happened in markets this week, and what are analysts talking about? UOB •DBS; Maintain BUY TP S$29.20 Net Profit beat consensus by ~4% due to lower than expected provisions and higher than expected non interest income. The Bank resumed dividend policy of 50% payout ratio.  •UOBKH; Not rated. Net interest income turned around since 2H20. The […]

What happened in markets this week, and what are analysts talking about? RH Petrogas •UOBKayhian; Non-rated The House highlighted the company after seeing strong 1Q earnings which they think are sustainable driven by a recovery in oil prices, reduced production costs and renewal of 20 year PSCs for oilfields in Indonesia. The House has a 20 […]

Like any typical Asian household, money was rarely discussed at home. That kept me blissfully oblivious to the perils of money making in my teen years, but led me straight to a few painful (and expensive) lessons in my early 20s.  The unfortunate thing is that these lessons are in no way isolated to the […]