As featured on Straits Times Singapore-listed mm2 Asia announced on Wednesday (July 28) that it has received an offer for its Cathay cinema business from local financial investment firm Kingsmead Properties. mm2 Asia operates eight Cathay cinemas in Singapore and 13 cinemas in Malaysia, as well as a movie film distribution business. It entered into […]

As featured in Dollars and Sense In the early days of the COVID-19 pandemic, stocks of glove companies (both the supplies and the shares) were in hot demand globally. As healthcare providers rushed to stock up sufficient supplies of personal protective equipment (PPE) including gloves, investors rushed to buy the stocks of glove suppliers. In […]

 What happened in markets this week, and what are analysts talking about? Koda Ltd •Phillip Capital; Initiate BUY with TP S$1.32 The House thinks valuation are attractive given that after stripping out net cash of US$13.7m, Koda trades at just ex-cash PEs of 3.3x/2.2x FY21F/22F. Cataylsts include higher exports to US and increase in production capacity. […]

When I first started working, I could not seem to get my finances in order. I could not save more, spend less. After one year of work and a few impulse buys later, my bank account was less than stellar. Initially, there was a lot of internal guilt tripping when I couldn’t reach my finance […]

As featured on The Edge Singapore-listed Enviro-Hub Holdings — known for its forays in the recycling and property investments — has diversified into a new business: Glove making. The company, led by executive chairman Raymond Ng, is in the midst of acquiring Ipoh-based glove maker Pastel Glove. The target was set up last September by Law Siau Woei and Choo Kuan Ping — who […]

As featured in Dollars & Sense Singapore is internationally recognized as one of the world’s top maritime ports, accorded as the world’s Top Maritime Centre for 8 consecutive years by the Xinhua-Baltic International Shipping Centre Development (ISDC) Index and the world’s Top Leading Maritime Capital Of The World for 4 consecutive years by Menon Economic’s […]

What happened in markets this week, and what are analysts talking about? Marco Polo Marine •UOBKH; Maintain BUY with higher TP S$0.036 The House noted the rationalised oil & gas offshore support industry showing resilience over the COVID-19 pandemic. The House likes MPM for its lean operations and a successful transition to new revenue sources would […]

Rationalisation of the offshore service vessel industry, signs of recovery in the traditional oil and gas sector, and diversification to offshore renewables are providing a tailwind of recovery for listed Marco Polo Marine (MPM). UOB Kay Hian has noted these trends and upgraded the marine support services company’s stock to “buy”, with a target price […]