tag:blogger.com,1999:blog-279203282012-02-17T12:15:36.606+08:00Stock Market Blog for Singapore and Malaysia stocks or sharesWARNING : Postings in this stock market blog are for educational & informational purposes only & SHOULD NOT be construed as a recommendation to buy or sell any shares or securities.
The postings are based on personal opinions. There is a high risk of loss in trading in share market and readers should seek professional advice before acting. The blog owner & contributors shall not be liable for any losses incurred by visitors who make investment decisions based on the postings in this blog.rooneyhttp://www.blogger.com/profile/11825281341890065500noreply@blogger.comBlogger1281100tag:blogger.com,1999:blog-27920328.post-42116264276598065182009-11-30T21:13:00.002+08:002009-11-30T21:32:54.059+08:00Singapore Stock Market Blog 30 november 2009The biggest news that has happened over the past few days would have to be that of Dubai World (Dubai government controlled holding company), which is something like Khazanah in Malaysia or Temasek and GIC in Singapore, requesting for delay in loan payment amounting to USD59 billion dollars. On a broader scale it is estimated that the Dubai government rooneyhttp://www.blogger.com/profile/11825281341890065500noreply@blogger.com0tag:blogger.com,1999:blog-27920328.post-11416260432637402652009-11-04T12:02:00.002+08:002009-11-04T12:05:03.519+08:00Singapore listed Chinese Companies - S ChipsSome of my friends asked me what i think of Singapore listed Chinese Stocks know as S chips, I shall do a brief writeup about my personal views :Many of the S chips listed in Singapore are now trading at low PE (share price to EPS ratio) or near cash per share because :1. Despite some signs that the global financial crisis may be over, recent reported rooneyhttp://www.blogger.com/profile/11825281341890065500noreply@blogger.com1tag:blogger.com,1999:blog-27920328.post-265018319112292052009-09-24T16:04:00.003+08:002009-09-24T16:07:37.265+08:00Singapore stock market update24th Sept 2009 China Animal proposed placement of new shares Singapore listed company China Animal Healthcare just announced that the Company has entered into a placement agreement dated 24 September 2009 ("Placement Agreement") with DBS Bank Ltd. as placement agent ("Placement Agent").Pursuant to the Placement Agreement, the Company proposes to issue up to rooneyhttp://www.blogger.com/profile/11825281341890065500noreply@blogger.com0tag:blogger.com,1999:blog-27920328.post-47832784595148564202009-05-04T21:50:00.002+08:002009-05-04T21:52:59.084+08:00Singapore stock market update :We are entering the hot season for earnings release now for singapore listed companies and here are some of the dates to watch out for :30.04.09 CapitaCommercial Trust FY1Q0930.04.09 CDL Hospitality Trusts FY1Q0930.04.09 Singapore Post FY0904.05.09 UOI FY1Q0905.05.09 Noble FY1Q0905.05.09 Great Eastern FY1Q0905.05.09 ST Engrg FY1Q0906.05.09 OCBC ** FY1Q0906.05.09 UOBrooneyhttp://www.blogger.com/profile/11825281341890065500noreply@blogger.com0tag:blogger.com,1999:blog-27920328.post-27072870932241557962009-02-12T17:18:00.003+08:002009-02-12T17:21:02.532+08:00Singapore stock market update : Recent Profit Guidance ListThe following is a list of singapore listed companies which recently issued profit warning or profit guidance, i have not confirmed the accuracy of the list but i believe the source is from SGX announcements by the respective companies. Here is the list :Westech electronicsAsia waterPCIGiant wirelessHosenSitraAA GroupLihengPacific rooneyhttp://www.blogger.com/profile/11825281341890065500noreply@blogger.com0tag:blogger.com,1999:blog-27920328.post-91795600691416352822009-01-28T23:32:00.002+08:002009-01-28T23:35:33.922+08:00Singapore Stock Market Update :What is STI ETF ?STI ETF is short for Straits Times Index Exchange Traded Fund and it is managed by State Street Global Advisors (SSgA). It has been listed on SGX since 17 April 2002. The benchmark for STI ETF is Singapore’s Straits Times Index (STI). The Fund's investment objective is to replicate as closely as possible, before expenses, the performance of the STI.rooneyhttp://www.blogger.com/profile/11825281341890065500noreply@blogger.com0tag:blogger.com,1999:blog-27920328.post-84721442298023739912009-01-19T15:16:00.000+08:002009-01-19T15:17:08.548+08:00Stock Market News :Morgan Stanley revised down China GDP forecast from 7.5% to 5.5% in 2009 :The Chinese economy was hit hard in 4Q08 by massive de-stocking and a serious disruption in trade finance. The economy landed hard in the quarter,with industrial production and CPI inflation likely having plunged to 6%YoY and 2%YoY from 16%YoY and 8%YoY, respectively, in 2Q08. We estimate China’sGDP rooneyhttp://www.blogger.com/profile/11825281341890065500noreply@blogger.com0tag:blogger.com,1999:blog-27920328.post-59059623645944599702009-01-19T12:21:00.001+08:002009-01-19T12:23:43.991+08:00Singapore stock market news :Tat Hong issues profit warning, DBS downgrades call, CIMB and CSFB maintains Outperform calls :DBS downgrades to fully-valued with target price S$0.62 :Tat Hong alerts investors that its 3QFY09 earnings would be lower yoy, blames on forex losses and lower equipment sales. We have already imputed the weak earnings in our FY09-10 forecast, which are 16%-32% below rooneyhttp://www.blogger.com/profile/11825281341890065500noreply@blogger.com0tag:blogger.com,1999:blog-27920328.post-58483080918744476892009-01-16T13:30:00.001+08:002009-01-16T13:30:56.633+08:00Singapore stock market news :UOB Research upgrades ST Engineering to BUY with target price set at S$2.83 based on the following reasons :1. ST Engineering (STE) announces that its aerospace division has secureda 20-year engine maintenance programme with GE Aviation.2. US airlines load factor improves in December and the number of aircraftin storage tops out in October.We have not adjusted our rooneyhttp://www.blogger.com/profile/11825281341890065500noreply@blogger.com0tag:blogger.com,1999:blog-27920328.post-25782605530240786582009-01-16T13:20:00.000+08:002009-01-16T13:22:07.523+08:00Singapore share market news :CSFB downgrades Singapore listed Epure to Neutral :Since its trough in November 2008, Epure’s share price has risen76% (from S$0.165) and outperformed the STI by 69%. Similarly,against its regional water peers with exposure to the China watersector, Epure is one of the best performers over the past threemonths.● Our S$0.28 target price remains, based on 1x forward P/Brooneyhttp://www.blogger.com/profile/11825281341890065500noreply@blogger.com0tag:blogger.com,1999:blog-27920328.post-54424738141525153802009-01-16T13:16:00.001+08:002009-01-16T13:18:04.190+08:00Singapore share market update :SINOTEL CLINCHES NEW ORDER FROM CHINA UNICOM TO DEVELOP NETWORK OPTIMIZATION & BUSINESS ANALYSIS SYSTEM WORTH RMB32.8 MILLIONSingapore, 16 January, 2009 - Singapore Exchange (SGX) mainboard-listed Sinotel Technologies Limited ("Sinotel" or the "Group"), an innovator in the provision of wireless telecommunications infrastructure and solutions in the PRC, is pleased rooneyhttp://www.blogger.com/profile/11825281341890065500noreply@blogger.com0tag:blogger.com,1999:blog-27920328.post-52600174572096388012009-01-13T01:27:00.002+08:002009-01-13T01:28:42.379+08:00Singapore share market update :DBS downgrades singapore listed S-chip China XLX to FULLY VALUED (Bloomberg Code: CXLX SP) Price Target : 12-Month S$ 0.33DBS comments :DBS expects China XLX to report weak 4Q08 earnings, plunging 50% qoq and 33% yoy to c. RMB50m. This comes on the back of 30%-40% fall in ASP, which affects the profitability of compound fertilizer and methanol segments. Looking rooneyhttp://www.blogger.com/profile/11825281341890065500noreply@blogger.com0tag:blogger.com,1999:blog-27920328.post-32537353945808084072009-01-09T23:24:00.000+08:002009-01-09T23:25:33.699+08:00Singapore stock market updateMacquarie remains Bearish on Singapore listed Cosco :EventOrder cancellation and deferrals over the past month will result in delayedprofit recognition, affecting COSCO’s DCF-derived valuation. We are alsoconcerned about the possibility of balance sheet write-downs, which wesuspect is behind the company’s profit warning. We therefore lower our targetprice from S$0.69 rooneyhttp://www.blogger.com/profile/11825281341890065500noreply@blogger.com0tag:blogger.com,1999:blog-27920328.post-2122030665719113832009-01-09T23:02:00.001+08:002009-01-09T23:02:58.218+08:00Singapore stock market update DBS comments on Raffles Education : Post our conference, we are more confident that management will be able to convert part of the upcoming installment for OUC (Oriental University City) to interest bearing loan. This should re-instill confidence on the counter and boost share price. Student enrollment remains firm. Reiterate Buy, TP: S$0.80.Scrip Dividend Scheme rooneyhttp://www.blogger.com/profile/11825281341890065500noreply@blogger.com0tag:blogger.com,1999:blog-27920328.post-86038082647060164212009-01-09T17:39:00.002+08:002009-01-09T17:43:53.773+08:00Singapore share market update : Sinotel Positive on impending rollout of 3G technologies in ChinaSingapore mainboard listed Sinotel stock price recently rebounded from a low of 7c to close at 17.5c, a four month high, likely due to the latest news flow about the Chinese government FINALLY announced the release of 3G license in China and the potential orders that may be associate with the rooneyhttp://www.blogger.com/profile/11825281341890065500noreply@blogger.com0tag:blogger.com,1999:blog-27920328.post-55126997281935706552008-12-20T12:25:00.001+08:002008-12-20T12:28:09.180+08:00Singapore stock market update UOB top picks for 2009 :Ascendas ReitAscott Residence TrustCapitalandCapitalmall trustCity developmentComfortDelgroFrasers Centrepoint TrustOCBCSIA EngineeringSPHSingtelrooneyhttp://www.blogger.com/profile/11825281341890065500noreply@blogger.com0tag:blogger.com,1999:blog-27920328.post-49565217835292337302008-10-15T21:59:00.002+08:002008-10-15T22:03:23.782+08:00Singapore share market update - 15oct08Listed Companies Results Release Date as announced on SGX MASNET Date of Release Company Remarks 16-Oct Nera Telecommunications 3Q; After 5pm 17-Oct Ascendas REIT 2Q; After 5pm 17-Oct MobileOne 3Q; After 5pm 20-Oct Qian Hu Corp 3Q; After 5pm 21-Oct Aztech Systems 3Q; After 5pm 21-Oct CapitaMall Trust 3Q; Before 7.30am 21-Octrooneyhttp://www.blogger.com/profile/11825281341890065500noreply@blogger.com0tag:blogger.com,1999:blog-27920328.post-76692922271618807852008-10-09T12:26:00.002+08:002008-10-09T12:28:02.018+08:00SINGAPORE STOCK MARKET NEWS :Upcoming Results Reporting Period as announced on SGX MASNET Date of Release Company 15-Oct MAP Technology Hldgs 3Q; After 5pm 17-Oct Ascendas REIT 2Q; After 5pm 17-Oct MobileOne 3Q; After 5pm 20-Oct Qian Hu Corp 3Q; After 5pm 21-Oct Aztech Systems 3Q; After 5pm 21-Oct CapitaMall Trust 3Q; Before 7.30am 22-Oct Ascott Residence Trust rooneyhttp://www.blogger.com/profile/11825281341890065500noreply@blogger.com0tag:blogger.com,1999:blog-27920328.post-91983816631435647952008-10-09T12:24:00.001+08:002008-10-09T12:26:07.929+08:00SINGAPORE SHARE MARKET NEWS : Straits Asia ResourcesOCBC Investment Research, Oct 8STILL a 'buy' despite bear-case assumptions: Shares of Straits Asia Resources (SAR) have plunged by 49 per cent over the past two weeks, starkly underperforming the Straits Times Index's (STI) 14 per cent fall.We spoke to management and gathered that other than the recent cancellation of its restructuring plans, rooneyhttp://www.blogger.com/profile/11825281341890065500noreply@blogger.com0tag:blogger.com,1999:blog-27920328.post-32313541993790784842008-10-03T22:23:00.002+08:002008-10-03T22:24:34.977+08:00Singapore share market IPO - China Kunda TechnologyOCBC short note :Summary: China Kunda Technology Holdings Ltd. (China Kunda) is a provider of precision moulds, plastic injection parts, and IMD products. Based in Shenzhen city, Guangdong province, PRC, its plastic engineering solutions include design, R&D of plastic injection and IMD technologies. China Kunda will be publicly listed on SGX-ST rooneyhttp://www.blogger.com/profile/11825281341890065500noreply@blogger.com0tag:blogger.com,1999:blog-27920328.post-56271930193790934432008-08-04T20:45:00.001+08:002008-08-04T20:47:36.555+08:00Singapore share market updatelisted companies results release date - updated on 4augDate of Release Company Remarks 5-Aug Celestial NutriFoods 1H FY08 5-Aug China Hongxing 1H FY08 5-Aug Hi-P 1H FY08; Before 9am 5-Aug Hyflux Water Trust 1H FY08; After 5pm 5-Aug Li Heng Chemical Fibre 1H FY08 5-Aug Mermaid Maritime 1H FY08 5-Aug Tuan Sing Hldgs 1H FY08; After 5pm 6-Aug SembCorp Industries 1H FY08; rooneyhttp://www.blogger.com/profile/11825281341890065500noreply@blogger.com0tag:blogger.com,1999:blog-27920328.post-81337043030132348072008-08-02T13:08:00.001+08:002008-08-02T13:10:25.536+08:00Singapore stock market news & updateSingpoare listed companies results release date - updated as at 31july084-Aug ARA Asset Management 1H FY08; After 5pm4-Aug Cosco Corporation 1H FY08; After 5pm4-Aug Memtech Int'l 1H FY08; After 5pm5-Aug Celestial NutriFoods 1H FY085-Aug China Hongxing 1H FY085-Aug Hi-P 1H FY08; Before 9am5-Aug Hyflux Water Trust 1H FY08; After 5pm5-Aug Mermaid Maritime 1H FY085rooneyhttp://www.blogger.com/profile/11825281341890065500noreply@blogger.com0tag:blogger.com,1999:blog-27920328.post-59131403319525400042008-07-15T11:52:00.002+08:002008-07-15T12:04:06.806+08:00Singapore share market news update 15july08- China Energy - PricewaterhouseCoopers' review of company's CNY197.8 million acquisition of Jiutai Energy last year found no evidence of irregularity. According to PwC, additional CNY190 million came from company's IPO proceeds, used mainly to repay Jiutai's debts, incurred to fund construction of phase 1 of its DME production plant. PwC says while rooneyhttp://www.blogger.com/profile/11825281341890065500noreply@blogger.com0tag:blogger.com,1999:blog-27920328.post-75640620623287719862008-07-08T00:02:00.002+08:002008-07-08T00:07:34.066+08:00Singapore Share Market S-chips update :Composition of the Merrill Lynch S-shares indexBBG Code Short Name Market Cap (USD MM) Weight SectorCOS SP Cosco Corp Singapore 5,462 6.63% IndustrialsYZJ SP Yangzijiang Shipbuilding 2,175 6.63% IndustrialsFRC SP Ferrochina Limited 734 6.63% MaterialsCHHS SP China Hongxing Sports 842 6.63% Consumer DiscretionaryLHCF SP Li Heng Chemical Fibre 817 6.63% rooneyhttp://www.blogger.com/profile/11825281341890065500noreply@blogger.com0tag:blogger.com,1999:blog-27920328.post-29709086651153776492008-07-04T17:15:00.004+08:002008-07-04T17:25:03.747+08:00SINGAPORE SHARE MARKET UPDATE 4july2008- Another IPO bites the dustHong Kong dry-bulk shipping line Maritime Capital Shipping has decided not to proceed with an initial public offering (IPO) in the Singapore Stock Exchange due to weak sentiment for the Singapore stock market in recent weeks.rooneyhttp://www.blogger.com/profile/11825281341890065500noreply@blogger.com0tag:blogger.com,1999:blog-27920328.post-64013545905319647482008-07-04T11:01:00.000+08:002008-07-04T11:02:29.947+08:00SINGAPORE SHARE MARKET HEADLINE NEWS 4JULY- SembCorp Marine said that Atwood Oceanics Inc. has conditionally exercised an option to construct a second deepwater semi-submersible rig with Jurong Shipyard. Contract details are being discussed.- ST Engineering CEO Tan Pheng Hock said the impact of a slowdown in the aviation industry on the company was “minimal” at worst and could even provide growthrooneyhttp://www.blogger.com/profile/11825281341890065500noreply@blogger.com0tag:blogger.com,1999:blog-27920328.post-3429926098652689192008-07-03T10:19:00.002+08:002008-07-03T10:25:32.407+08:00What is CFD or contract for differenceCFD gives high leverage compared since you only need to put down about 20% of the investment value - but just like margin account, this can work for as well as against you if you do not know how to manage your position.Also, CFD allows traders to "shortsell" a stock ie selling a stock which someone who does not own with the aim of buying back later at a lowerrooneyhttp://www.blogger.com/profile/11825281341890065500noreply@blogger.com0tag:blogger.com,1999:blog-27920328.post-75774198502553995032008-07-02T18:09:00.002+08:002008-07-02T19:09:32.680+08:00Singapore Stock Market News 2july08Accoding to Dow Jones report, singapore listed stock Dayen Environmental (5BT.SG) fell 26.2% to record low of S$0.155, as investors convinced water treatment firm's planned foray into coal mining business all but over after company said Indonesian partner PT ATPK Resources (ATPK.JK) unable to carry out obligations under mining rights agreement signed in Decemberrooneyhttp://www.blogger.com/profile/11825281341890065500noreply@blogger.com0tag:blogger.com,1999:blog-27920328.post-91128826866506905482008-07-01T09:25:00.000+08:002008-07-01T09:26:18.144+08:00SINGAPORE STOCK MARKET HEADLINE NEWS 1JULY- Bank lending accelerated in May to S$256.9bn, up 26.1% YoY – the fastest pace on record according to the MAS.- SembCorp Marine has clinched a US$640m contract to build a deepwater semi-submersible drilling rig for Larsen Oil & Gas.- MPU Offshore Lift ASA, a Keppel customer has declared bankruptcy. Keppel said it has ceased work on the EUR140m rooneyhttp://www.blogger.com/profile/11825281341890065500noreply@blogger.com0tag:blogger.com,1999:blog-27920328.post-50998759876072221292008-06-13T09:53:00.001+08:002008-06-13T09:55:56.316+08:00TRADING THE STOCK MARKET : TO CONTRA OR NOT TO CONTRAThe answer is not "if" but "when" .......During major share market correction like what has been going on in the past few months, it is unavoidable that some traders may be sustaining major losses.....some paper losses since they could not bear to cut their losses. One question that is often asked if should amateur trader be trading on credit rooneyhttp://www.blogger.com/profile/11825281341890065500noreply@blogger.com0tag:blogger.com,1999:blog-27920328.post-53139742016740532232008-06-13T09:51:00.000+08:002008-06-13T09:52:18.424+08:00SINGAPORE SHARE MARKET NEWS UPDATE 13JUNE08- Robinson and Co Ltd will be delisted from the SGX on Monday, following its takeover earlier this year by the Dubai-based Al-Futtaim Group.- Swiber Holdings is maneuvering itself into position by getting its deepwater rig ready for operation in 2010.- Ecowise Holdings' net profit more than doubled to S$6.54m for 1H08, from S$2.62m in 1H07.- Pokka rooneyhttp://www.blogger.com/profile/11825281341890065500noreply@blogger.com0tag:blogger.com,1999:blog-27920328.post-66068671352345041782008-06-08T23:19:00.001+08:002008-06-08T23:20:52.674+08:00Singapore share market - 6th june 2008Summary Financial News of the Day• NYSE short interest hits record high in late May• Spooked investors snap up Singapore government bonds• CAI in joint bid to operate St Petersburg airport• Keppel wins US$420m SeaDrill rigs order• SembCorp Marine wins US$430m SeaDrill rig orders• Olam shares slide on news of convertible bond issue• Kohlberg Kravis Roberts rooneyhttp://www.blogger.com/profile/11825281341890065500noreply@blogger.com0tag:blogger.com,1999:blog-27920328.post-68171462628960338502008-04-17T08:21:00.001+08:002008-04-17T08:21:55.043+08:00SINGAPORE STOCK MARKET NEWS UPDATE 17APR08- Straits Resources Ltd will split into two units, separating its coal and other assets to improve growth prospects. It said that its Singapore-listed Straits Asia Resources unit will hold the coal assets.- Singapore’s Infocomm Development Authority has set Friday, June 13 as the day to launch true number portability.- Sports footwear and apparel maker rooneyhttp://www.blogger.com/profile/11825281341890065500noreply@blogger.com0tag:blogger.com,1999:blog-27920328.post-85154796835082312972008-04-14T15:04:00.001+08:002008-04-14T15:06:45.984+08:00Stock Market Event UpdateGo for Gold - JP Morgan China Conference 23-25 april 2008Tentative list for singapore, hong kong, china and US listed companiesAir ChinaAngang New Steel (000898 CH)Anhui Expressway Co Ltd (995 HK)Bank of China (3988 HK)Baoshan Iron & Steel (600019 CH)Baoye Group Co Ltd (2355 HK)Beijing Capital International Airport Co Ltd (694 HK)Beijing Capital Land Ltd (2868 HK)Beijing rooneyhttp://www.blogger.com/profile/11825281341890065500noreply@blogger.com0tag:blogger.com,1999:blog-27920328.post-88539715749397128432008-02-13T11:21:00.001+08:002008-02-13T11:23:15.086+08:00Singapore stock market news- Aztech Systems has secured a S$253m contract for the supply of construction material.- China Essence Group posted an 85% YoY increase in 3Q08 net profit to RMB100.m as revenue almost doubled from RMB166m to RMB330.3m.- Jade Tech is selling its wholly-owned, loss-making subsidiary Jade Precision Engineering to United Pacific Industries (UPI) for about S$6mrooneyhttp://www.blogger.com/profile/11825281341890065500noreply@blogger.com0tag:blogger.com,1999:blog-27920328.post-64272128397125734082007-12-27T14:12:00.000+08:002007-12-27T14:13:14.840+08:00Online trading in Singapore stock market :The following are stock brokers in Singapore who provides online trading platform for retail investors. However, some of them such as Kim Eng DO NOT allow trading of call and put warrants online. I usually use Phillips’ platform to trade warrants online. I was told that CIMB also allows trading of warrants online.AmFraser rooneyhttp://www.blogger.com/profile/11825281341890065500noreply@blogger.com0tag:blogger.com,1999:blog-27920328.post-26833129981389811612007-12-19T10:30:00.001+08:002007-12-19T10:30:53.820+08:00DBS overweight consumer sector for singapore share market for 2008 :Outlook for 2008 stock marketWe are Overweight on the Consumer sector for 2008, backedby strong GDP growth, growing affluence, robust employmentfigures and the Olympics in China.Based on our DBS economists’ estimates, China’s GDP isprojected to power ahead with a growth of 11.5% in 2007 and10% in 2008F. This picture bodes well rooneyhttp://www.blogger.com/profile/11825281341890065500noreply@blogger.com0tag:blogger.com,1999:blog-27920328.post-65914554397311181912007-12-16T00:08:00.000+08:002007-12-16T00:10:09.042+08:00Trading Books The following are some of the trading books available in the market, the four that i have read and would recommend are :1. Steve Nison - Japanesse Candlestick Charting Techniques2. Dr. Alexander Elder - Trading For A Living3. Martin Pring – Technical Analysis Explained4. JohnMurphy - Technical Analysis Of The Financial Markets18 trading champions - Keys to Top Trading Profits.pdfA.Jrooneyhttp://www.blogger.com/profile/11825281341890065500noreply@blogger.com0tag:blogger.com,1999:blog-27920328.post-24951726826512895842007-12-15T23:46:00.000+08:002007-12-15T23:49:40.855+08:00Trading GlossaryBelow are some common terms you'll encounter when you are trading. A Actuals - Physical products bought and sold in the spot market. ADP - Acronym for "Alternate Delivery Procedure," a contract delivery method permitting the buyer and the seller, by agreement, to settle their delivery commitment independently of the exchange. Allowances - The discounts (premiums) allowed the buyerrooneyhttp://www.blogger.com/profile/11825281341890065500noreply@blogger.com0tag:blogger.com,1999:blog-27920328.post-18852271869004635022007-12-14T23:11:00.001+08:002007-12-14T23:11:59.272+08:00Singapore Exchange Limited (SGX) is pleased to announce the final changes to the minimum bids schedule for the securities market. The new schedule, which will be implemented on 24th Dec 2007, seeks to improve trading efficiency and market liquidity. The final changes include: 1) Reducing the minimum bid sizes for securities¹ priced above $3.00; 2) Customising the minimum bid rooneyhttp://www.blogger.com/profile/11825281341890065500noreply@blogger.com0tag:blogger.com,1999:blog-27920328.post-2198855580278347862007-12-14T10:53:00.000+08:002007-12-14T10:54:14.867+08:00singapore stock market news and announcements 14dec07POKKA - To invest HK$9 million (S$1.7 million) to enlarge its central kitchen facilities in Hong Kong to support the expansion of its restaurant business.CWT - to further expand its logistics footprint in China with a new bonded logistics facility in Yangshan.Tat Hong - announced that investment in Jiangsu Zhenghe Tathong Equipment Rental Co. rooneyhttp://www.blogger.com/profile/11825281341890065500noreply@blogger.com0tag:blogger.com,1999:blog-27920328.post-34618458443236712702007-12-07T17:17:00.000+08:002007-12-07T17:18:25.664+08:00singapore stock market news and announcements 7th dec 2007Olam: JPM up stake from 5.92% to 6.05%Noble Design: Proposed cash dividends and rights issue. Issue price of.0738 for ea share. 1 right for every 2 share.MIDAS: Signed a framework agreement with Chinalco (a alu producer in china) The agreement sets the t&c for future contracts and proj between both coys.Both coys will explore collaborationrooneyhttp://www.blogger.com/profile/11825281341890065500noreply@blogger.com0tag:blogger.com,1999:blog-27920328.post-75249649472599974112007-11-30T08:42:00.000+08:002007-11-30T08:43:21.726+08:00Yanlord added as a constituent stock in the MSCI Singapore IndexMacarthurCook Investment Managers (Asia) Limited, the Manager ofMacarthurCook Industrial REIT, has signed a sale and purchase agreement toacquire an office and warehouse facility in the Tai Seng industrialprecinct for a total consideration of S$25.0 million. an additional 0.27Singapore cents per unit, representing an increase of rooneyhttp://www.blogger.com/profile/11825281341890065500noreply@blogger.com0tag:blogger.com,1999:blog-27920328.post-18552698611093605562007-11-10T14:01:00.001+08:002007-11-10T14:01:35.983+08:00US stock market continues downward path 11th novStocks in U.S. tanked for a fourth day out of five on Friday, ending a forgettable week that saw financial stocks being hammered due to growing subprime problems and the technology heavy Nasdaq Composite Index losing almost 7%. Wachovia Corp, the nation's fourth-largest bank, said in a regulatory filing that it expects loan losses of as much as rooneyhttp://www.blogger.com/profile/11825281341890065500noreply@blogger.com0tag:blogger.com,1999:blog-27920328.post-36329164907328514162007-11-09T08:29:00.001+08:002007-11-09T08:29:49.064+08:00US and Regional stock markets US stocks fell for a second straight day on Thursday, led by declines in the Nasdaq after tech bellwether Cisco Systems signalled the credit crisis was hurting demand from key customers, including banks. A late-day rebound in beaten-down financial stocks, however, pulled the indexes well off their worst levels of the day. The rebound was attributed to traders buying rooneyhttp://www.blogger.com/profile/11825281341890065500noreply@blogger.com0tag:blogger.com,1999:blog-27920328.post-40636727596796342142007-11-05T23:53:00.000+08:002007-11-05T23:54:23.525+08:00Hong Kong Stock Market Experienced Sharpest One Day Drop- Led Asian Markets Lower HONG KONG (XFN-ASIA) - Share prices closed sharply lower, with the key index posting its biggest one-day points drop ever, as China stocks tumbled after comments from Chinese Premier Wen Jiabao suggested that Beijing will delay further the start of direct share purchases in Hong Kong by mainland individuals.Wen saidrooneyhttp://www.blogger.com/profile/11825281341890065500noreply@blogger.com0tag:blogger.com,1999:blog-27920328.post-53272800358253258762007-11-05T23:51:00.000+08:002007-11-05T23:53:08.759+08:00Singapore stock market and share related news 5th novExcelpoint - 3Q results - Sales turnover up by 14.8% yoy. Net profit down from $0.24 million to $0.19 million, due to higher operating expenses, higher selling and distribution costs and wages.Indofood Agri - completed acquisition of majority interest in Pt Perusahaan Perkebunan London Sumatra Indonesia TBKBoard Room - 1Q results - Revenue up rooneyhttp://www.blogger.com/profile/11825281341890065500noreply@blogger.com0tag:blogger.com,1999:blog-27920328.post-3843335379085426202007-11-01T00:16:00.000+08:002007-11-01T00:17:36.078+08:00Oct. 31 - Asian shares mostly edged higher Wednesday, ahead of conclusion of a key policy meeting of the U.S. Federal Reserve.Japan's Nikkei rose with Matsushita higher after the Panasonic maker reported a surprise 3% rise in quarterly profit on strong sales of cameras and TVs.Dan Sloan reports.rooneyhttp://www.blogger.com/profile/11825281341890065500noreply@blogger.com0tag:blogger.com,1999:blog-27920328.post-56239583594365743572007-10-26T08:57:00.001+08:002007-10-26T08:57:44.469+08:00Compact Metal announced completion of the sale and leaseback of theproperty situated at 120 Pioneer Road with RBC Dexia Trust ServicesSingapore Limited as trustee of Cambridge Industrial Trust took placetoday, 25 October 2007.Straits Asia Resources Limited is pleased to announce that it has enteredinto sale and purchase agreements to acquire mining, exploration andofftake rights to two coal rooneyhttp://www.blogger.com/profile/11825281341890065500noreply@blogger.com0tag:blogger.com,1999:blog-27920328.post-35063065491115683912007-10-25T09:10:00.001+08:002007-10-25T09:13:44.840+08:00Osim: Net losses decrease 48%. Brookstone 3Q result ended Sept 07. Net lossof $9.4M for 3Q. YTD losses $24.7M v $30.3M PYFreight Links: Proposed placement of 180M new ord. shares @ S$0.10 eachSP Chem: 3Q results announcing on 30 Oct '07Hup Soon: Proposed acquisition of 30% shareholdings of Nichiyu Asia P L from Nippon Yusoki Co- manufacturer of electric material handling equipment for approx. $2Mrooneyhttp://www.blogger.com/profile/11825281341890065500noreply@blogger.com0tag:blogger.com,1999:blog-27920328.post-10905039485943748212007-10-24T09:00:00.001+08:002007-10-24T09:00:13.433+08:00Capitaretail China Trust: 3rd Q Results - Gross Revenue S$54M, Net propertyincome: S$34M, Available for sistribution: S$23M, DPU 4.92 cents. Notedthat gross & net property income are lower than forecast shown inprospectus dated 29 Nov '06 by approx. 6%.Ezra: Set up JV, Eminent Offshore Logistics P L, to purchase, own & operatevessels.HongFok: Proposed bonus dividend & rights issue approval rooneyhttp://www.blogger.com/profile/11825281341890065500noreply@blogger.com0tag:blogger.com,1999:blog-27920328.post-77735526671071859792007-10-24T02:34:00.000+08:002007-10-24T02:36:08.731+08:00Oct. 23 - Asian shares firmed Tuesday, cheered by a recovering Wall Street and Apple's upbeat earnings.Japan's tech names like Sony helped the Nikkei rebound, along with a slightly weaker yen. Dan Sloan reporting.rooneyhttp://www.blogger.com/profile/11825281341890065500noreply@blogger.com0tag:blogger.com,1999:blog-27920328.post-21652963663922213602007-10-22T14:50:00.000+08:002007-10-22T14:51:49.826+08:00SGX does not regulate how and when broking firms impose trading curbs on stocks. 'These are actions that the individual broking house would take to manage its credit exposure, itsrooneyhttp://www.blogger.com/profile/11825281341890065500noreply@blogger.com0tag:blogger.com,1999:blog-27920328.post-53859825101616645722007-10-22T13:36:00.000+08:002007-10-22T13:37:26.053+08:00Singapore stocks and share market related newsw 22octA-Reit Results - Distributable income per unit grows 11% yoy. Gross revenue grows 15%. To grow portfolio with new acquisitions and developments.Fastech Synergy Results- Turnover falls slightly due to lower volume shipped by the company's assembly segment. Registered 9% growth in sales for the 9 months ended. The gross loss improved from rooneyhttp://www.blogger.com/profile/11825281341890065500noreply@blogger.com0tag:blogger.com,1999:blog-27920328.post-44507298246494886962007-10-22T09:09:00.000+08:002007-10-22T09:18:12.253+08:00A-Reit Results - Distributable income per unit grows 11% yoy. Gross revenuegrows 15%. To grow portfolio with new acquisitions and developments.Fastech Synergy Results- Turnover falls slightly due to lower volumeshipped by the company's assembly segment. Registered 9% growth in salesfor the 9 months ended. The gross loss improved from $1.29mil for the ninemonths ended in 06 to $1.16mil for the rooneyhttp://www.blogger.com/profile/11825281341890065500noreply@blogger.com0tag:blogger.com,1999:blog-27920328.post-77857185796877750442007-10-20T22:29:00.000+08:002007-10-20T22:30:23.773+08:00Oct. 19 - U.S. stocks had their worst day in more than two months after a warning from Caterpillar sent investors fleeing for the exits.This year's third largest one-day plunge for the Dow eerily occurred on the 20-year anniversary of the October 1987 stock market crash, known as, Black Monday.Conway G. Gittens reports. SPEAKER: Alec Young, strategist, Standard & Poor's. Conway G. Gittens reportsrooneyhttp://www.blogger.com/profile/11825281341890065500noreply@blogger.com0tag:blogger.com,1999:blog-27920328.post-30858982794910091632007-10-20T22:27:00.000+08:002007-10-20T22:28:25.741+08:00Oct. 19 - U.S. stocks had their sharpest one-week drop in over two-months as earnings season took a negative turn.Results out of Citigroup touched a raw nerve, but Google and other tech names were shining stars. Crude oil touched a record at $90 a barrel.Conway G. Gittens reports from New York.rooneyhttp://www.blogger.com/profile/11825281341890065500noreply@blogger.com0tag:blogger.com,1999:blog-27920328.post-75962347300500965392007-10-20T15:50:00.000+08:002007-10-20T15:51:16.148+08:00IPO - singapore stock marketThere is an upcoming IPO, Rokko Holdings priced at $0.25 per share, underwritten by China Construction Bank. Rokko is a precision engineering group providing automated equipment and precision engineering services to customers in the semiconductor and electronics industries. Their business include Tooling, Equipment and stamping. In total, 30m shares will be issued, outrooneyhttp://www.blogger.com/profile/11825281341890065500noreply@blogger.com0tag:blogger.com,1999:blog-27920328.post-75369244464793015702007-10-19T09:45:00.000+08:002007-10-19T09:46:25.192+08:00Government Denies plan to swap shares listed Hong Kong and mainland stock exchange The central government denied on Thursday that it was studying a plan to allow swaps of shares of companies listed both in Hong Kong and the mainland after reports of such a scheme doused Shanghai's red-hot market and lifted Hong Kong shares to record highs. Share valuations in Shanghai have raced ahead of prices rooneyhttp://www.blogger.com/profile/11825281341890065500noreply@blogger.com0tag:blogger.com,1999:blog-27920328.post-125182597584804722007-10-19T08:54:00.000+08:002007-10-19T08:55:03.159+08:00Keppel: its wholly owned subsidiary clinched 3 contracts worth a total ofsgd 110mil to build 8 tugs.Wingtai: proposed dividends and issues rights. Cash dividend of 3cts pershare.Samudera- aims to strengthen its foothold in the region, especially India.To open offices in Kolkata and Chennai. The group is also planning to openoffices in Vietnam.Auric's wholly owned subsidiary Sunshine has acquired rooneyhttp://www.blogger.com/profile/11825281341890065500noreply@blogger.com0tag:blogger.com,1999:blog-27920328.post-12023498588763965602007-10-19T02:42:00.000+08:002007-10-19T02:43:23.644+08:00A380 finally lands in Singaporerooneyhttp://www.blogger.com/profile/11825281341890065500noreply@blogger.com0tag:blogger.com,1999:blog-27920328.post-30975635455226299232007-10-19T02:40:00.000+08:002007-10-19T02:41:09.671+08:00Oct. 18 - Asian shares rose Thursday on expectations of lower U.S. interest rates and strong results by tech giant Intel.Regional tech players like Taiwan's Acer and TSMC jumped after chip leader Intel reported strong earnings and outlook, lifting the benchmark index.Dan Sloan reporting.rooneyhttp://www.blogger.com/profile/11825281341890065500noreply@blogger.com0tag:blogger.com,1999:blog-27920328.post-31604988661585842862007-10-18T08:57:00.001+08:002007-10-18T08:57:46.768+08:00CityDev: Expanded its global footprint with usd125mil JV involving a hoteland conference and business facility in Russia. It is part of an agreementthat CDL take up a 50% stake in Soft Proekt is Golden Orchard Hotels Pteltd, which is link to chairmain of Amtel Group of Companies. They will alsoannounce 3Q results ending 30 sep on 14 Nov.Hiap Seng: Memorandum of Agreement with Shell Eastern rooneyhttp://www.blogger.com/profile/11825281341890065500noreply@blogger.com0tag:blogger.com,1999:blog-27920328.post-66828770392822553962007-10-18T01:12:00.000+08:002007-10-18T01:13:35.519+08:00Asia falls, panic grips IndiaOct. 17 - Asian markets slid on Wednesday after disappointing earnings from big US banks sparked profit worries.India's share market suffered a panic sell-off after the Government proposed curbs on inflows of foreign funds.Investors are now looking ahead to key consumer inflation data due in the US later today.Nina Mehra reporting.Source: Reutersrooneyhttp://www.blogger.com/profile/11825281341890065500noreply@blogger.com0tag:blogger.com,1999:blog-27920328.post-84033044625283201772007-10-18T01:07:00.000+08:002007-10-18T01:12:13.262+08:00Oct. 17 - Chinese manufacturers steal the limelight at Asia's largest electronics fair.Chinese manufacturers are focusing efforts to target both the domestic market and compete with international players.A gradual shift away from copycat products to creative designs highlights the changing landscape of China's electronics market.Nina Mehra reporting.Source:Reutersrooneyhttp://www.blogger.com/profile/11825281341890065500noreply@blogger.com0tag:blogger.com,1999:blog-27920328.post-16143268725063383672007-10-17T08:38:00.001+08:002007-10-17T08:38:40.705+08:00singapore stocks and shares related news 17octHUP SOON GLOBAL: In principle approval of the listing of 5.5mill new shares as part of consideration of the company's proposed acquisition of a 30.5% stake in Tai Kwong Yokohama Berhad.FEDERAL: Company increased investment in subsidiary, Eastern Jason Fabrication Services Pte Ltd, from 50% to 100%, comprising 225,000 shares of $1 each. Eastern Jason rooneyhttp://www.blogger.com/profile/11825281341890065500noreply@blogger.com0tag:blogger.com,1999:blog-27920328.post-86529032680408362332007-10-17T02:05:00.000+08:002007-10-17T02:08:49.331+08:00Oct. 15 - Airbus hands over the first A380 to Singapore Airlines, 18 months later than expected, while denying fresh delays to the superjumbo.The first delivery of an A380 marks the culmination of Europe's biggest industrial project which has taken 7 years of effort and cost 11 billion euros ($15.5 billion).Problems with installation of wiring in the superjumbo delayed the A380 project by two rooneyhttp://www.blogger.com/profile/11825281341890065500noreply@blogger.com0tag:blogger.com,1999:blog-27920328.post-41733591507412904662007-10-16T08:24:00.000+08:002007-10-16T08:25:42.780+08:00Singapore stocks and shares related news 16octAVI-TECH : AGM will be held on the 30th of October, 07EI NETS : AGM on 31th of OctoberCHINA LIFESTYLE : Will be launching another 10 tonnes of LaBiXiaoXin brand of jelliesCHINA SUN BIOCHEM TECHNOLOGY GROUP: Excercise company share option.No of issued and paid-up ordinary shares of the Company is increased to 811,015,055 rooneyhttp://www.blogger.com/profile/11825281341890065500noreply@blogger.com0tag:blogger.com,1999:blog-27920328.post-18195690693855781582007-10-15T21:05:00.001+08:002007-10-15T21:05:46.050+08:00Oct. 15 - Chinese leader Hu Jintao on Monday addressed his nation by pledging further economic reform.At the opening of the 17th Communist Party Congress the president noted that environmental and social problems had come as a result of staggering growth.Hu Jintao also promised to crack down on corruption, calling it a major political task.Tara Joseph-Hui reporting.rooneyhttp://www.blogger.com/profile/11825281341890065500noreply@blogger.com0tag:blogger.com,1999:blog-27920328.post-26559440695791869042007-10-15T21:00:00.000+08:002007-10-15T21:01:40.751+08:00Ei-Nets - Working to seal a deal with Canadian Co to Manufacture 3rd Gensolar cells which are very cheap to produced relative to 1st Gen solarcells (90% of mkt). Anthony Soh holds 27%. 3rd Gen solar tech has not beencommercially tested on a large scale and require large investments. OtherSGX companies venturing into solar cells: Rowsley, Equation.Raffles Edu - Buying the loss making Oriental rooneyhttp://www.blogger.com/profile/11825281341890065500noreply@blogger.com0tag:blogger.com,1999:blog-27920328.post-88994825737259750942007-10-15T00:31:00.000+08:002007-10-15T01:10:39.275+08:00Upside move for share prices in Singapore and other Asian stock markets were capped recently on speculation that China may raise interest rates soon to cool the economy. Nikkei index retreated after Sony Corp's mobile-phone unit reported its first profit decline in two years. Sony dropped the most in a month after its venture with Sweden's Ericsson AB said third-quarter profit fell 10%.Stock rooneyhttp://www.blogger.com/profile/11825281341890065500noreply@blogger.com0tag:blogger.com,1999:blog-27920328.post-21959902906313305072007-10-12T08:48:00.000+08:002007-10-12T08:49:19.881+08:00Singapore stocks and shares related news - 12octASCOTT: Results announced after on 26 Oct Friday b4 7.30amGOLDEN AGRI: Increase stake in PT Sinar MAS Agro Resources from 87.31% to 90.79%SING HOLDINGS: Divestment of 48 Strata-titled units in Eastgate, 46 East Coast Road, for 63mill or 1059/square foot. (enbloc) Sale is expected to result in net gain of approx 15.9mill after transaction costs.Maplerooneyhttp://www.blogger.com/profile/11825281341890065500noreply@blogger.com0tag:blogger.com,1999:blog-27920328.post-61170492795547218432007-10-12T02:48:00.000+08:002007-10-12T02:53:49.478+08:00rooneyhttp://www.blogger.com/profile/11825281341890065500noreply@blogger.com0tag:blogger.com,1999:blog-27920328.post-69780189492719687302007-10-08T22:21:00.000+08:002007-10-08T22:22:18.058+08:00Singapore stock and share related news and announcements 8oct :Straits Asia - placement of S$151m shares, price at $1.60Aztech - Wins Again SIAS Investor Choice Award 2007 Most Transparent Company Award Aztech - Aztech Launches 200Mbps Homeplug with "Simple Connect" At Broadband World Forum EuropeAcendes India Trust - SIAS Most Transparent Company Award in new categary, ITPB awarded Best rooneyhttp://www.blogger.com/profile/11825281341890065500noreply@blogger.com0tag:blogger.com,1999:blog-27920328.post-51424661817630849022007-10-06T14:26:00.000+08:002007-10-06T14:27:14.711+08:00Singapore share market newsIPO Singapore stock : China Oilfield Technology offers 211.6 million shares at S$0.60 each on SGX MainboardSINGAPORE - 5 October 2007 - China Oilfield Technology Services Group Limited, ("China Oilfield Technology"), a "one-stop" customised solutions provider of integrated tertiary oil recovery equipment and technology to enhance the extraction of oil in the Daqing rooneyhttp://www.blogger.com/profile/11825281341890065500noreply@blogger.com0tag:blogger.com,1999:blog-27920328.post-64784068024448777652007-10-06T01:59:00.000+08:002007-10-06T14:25:02.072+08:00Revamped Straits Times Index - 30 component singapore listed stocksCAPITALANDCAPITAMALL TRUSTCITY DEVELOPMENTSCOSCO CORP SINGAPOREDBS GROUP HOLDINGSFRASER AND NEAVEGENTING INTERNATIONALHONG KONG LANDJARDINE CYCLE & CARRIAGEJARDINE STRATEGICKEPPEL CORPKEPPEL LANDNEPTUNE ORIENT LINESNOBLE GROUPOLAM INTERNATIONALOVERSEAS CHINESE BANKINGSEMBCORP INDUSTRIESSEMBCORP MARINESIA ENGINEERINGSINGAPORE rooneyhttp://www.blogger.com/profile/11825281341890065500noreply@blogger.com0tag:blogger.com,1999:blog-27920328.post-54984730591748220522007-10-05T13:16:00.000+08:002007-10-05T13:27:58.464+08:00Singapore stock market related news 5 octChina Haida - Requests for trading halt. Placement of 25m new shares atS$0.282 eachMACARTHURCOOK INDUSTRIAL REIT - Completion of Acquisition of 541 Industrial Park AAsia Environment : Proposed transaction with International Finance Corporation, member of the World Bank Group to subscribe for up to 20,400,000 non-listed warrantsrooneyhttp://www.blogger.com/profile/11825281341890065500noreply@blogger.com0tag:blogger.com,1999:blog-27920328.post-18394396770492135492007-10-05T02:45:00.001+08:002007-10-05T02:45:48.680+08:00rooneyhttp://www.blogger.com/profile/11825281341890065500noreply@blogger.com0tag:blogger.com,1999:blog-27920328.post-18447247770279426152007-10-05T02:09:00.000+08:002007-10-05T02:12:10.275+08:00Merill Lynch announced that it will be launching a S-Shares index to provide exposure to stocks likely to benefit from the growth in China’s economy in general and the money flow into Chinese companies listed on Singapore Exchange (S-shares) in particular.The eligible universe of stocks is screened to ensure liquidity and tradability according to the following constraints:Liquidity: 3Mth & 20D rooneyhttp://www.blogger.com/profile/11825281341890065500noreply@blogger.com0tag:blogger.com,1999:blog-27920328.post-22396191189488792222007-10-05T02:06:00.000+08:002007-10-05T02:07:22.949+08:00Singapore stocks and shares related new - 4th octAsia Environment Holdings Ltd - Requests to lift trading halt.. Has reached substantial agreement on the terms of a proposed transaction with International Finance Corporation ("IFC"), a member of the World Bank Group. IFC to subscribe for up to 20,400,000 non-listed warrants issued by the Company exercisable into 20,400,000 new ordinary shares in rooneyhttp://www.blogger.com/profile/11825281341890065500noreply@blogger.com0tag:blogger.com,1999:blog-27920328.post-65445714594015059092007-10-02T23:04:00.001+08:002007-10-03T22:00:12.314+08:00Singapore stocks and shares related news 3rd oct 07Cambridge Industrial trust launches global private placement of 285,119,720 new units. CLSA and ML have been appointed co-ordinators.* Thai Village Holdings Ltd - The Company had on 25 September 2007 entered into a unit franchise agreement with TIANJIN LU PENG TRADING COMPANY LTD, pursuant to which, the Company granted to the Franchisee a rooneyhttp://www.blogger.com/profile/11825281341890065500noreply@blogger.com0tag:blogger.com,1999:blog-27920328.post-67978353197612983832007-10-02T08:21:00.000+08:002007-10-02T08:22:05.592+08:00singapore stocks and shares related news and announcements 2octTT International: Coy informed that the comtemplated transaction with Richfield international not completed due to nonsatisfaction of conditions set out in their IOU.Swiber: Clarified some facts from CIMB's research report under "broker's take" of BT dated 29 - 30 Sept. BT says: The management aims to double its order book to US rooneyhttp://www.blogger.com/profile/11825281341890065500noreply@blogger.com0tag:blogger.com,1999:blog-27920328.post-47115650806665700272007-10-01T01:58:00.001+08:002007-10-01T01:58:48.616+08:00New China fund to invest in singapore listed china companies?Why did some stocks listed on SGX, especially china stocks go crazy last Friday? I was told that another QDII fund from China called Jiashi Fund Management Co. was approved last week. The word is, this QDII fund is allowed to invest in Chinese companies listed in SGX and US, where at least 50% of the revenue comes from China. After rooneyhttp://www.blogger.com/profile/11825281341890065500noreply@blogger.com0tag:blogger.com,1999:blog-27920328.post-58277580121927149962007-09-27T19:31:00.000+08:002007-09-27T19:32:33.143+08:00Singapore stock market news and announcements 27septHup Soon Global : to acquire 30% to tai kwong yokohoma(listed on the KLSE) to become major player in automotive and battery industry * Mobile One Ltd - given in-principle approval for the Company's application in respect of the proposed capital reduction exercise of the Company. The Capital Reduction is conditional upon (i) the approval of the rooneyhttp://www.blogger.com/profile/11825281341890065500noreply@blogger.com0tag:blogger.com,1999:blog-27920328.post-34462844603832252662007-09-26T18:12:00.000+08:002007-09-26T18:23:41.214+08:00recent broker reports on singapore stocks / shares 26th sept YangZijiang - UBS up target price Ezra - CLSA up target price China Energy - Lehman lowers target price BeautyChina - CIMB lowers targer price Cosco - Citigroup raised target price Sinostar - DMG non rated comments Hong Leong Finance - BNP maintains BUY Amara Holdings - DBS initaite coverage with BUY Aztech - DBS downgrade to HOLD rooneyhttp://www.blogger.com/profile/11825281341890065500noreply@blogger.com0tag:blogger.com,1999:blog-27920328.post-35589430809839003442007-09-26T10:19:00.000+08:002007-09-26T10:20:13.984+08:00SGX : Singapore stocks and shares related news 26septSing Holdings: Will move from sesdaq to mainboard. In principle approval by SGX yesterday. When it will move will be announced on a later date.STAR CRUISES - Cancel excercise option to construct a passenger cruisse vessel of contract price Euro 700mSTAR CRUISES - 100% shareholders vote FOR substantial disposal regarding the deemed disposal rooneyhttp://www.blogger.com/profile/11825281341890065500noreply@blogger.com0tag:blogger.com,1999:blog-27920328.post-50876096656890558582007-09-25T18:32:00.000+08:002007-09-25T18:35:13.455+08:00Singapore stock market related news and announcements 25sept07PACIFIC HEALTHCARE - DIVESTMENT OF STAKE IN PACIFIC HOSPITALS PVT LTD, HYDERABAD, INDIA. Net gain of S$2, NTA increase to 9.28cents to 8.31cents, EPS increase to 2.66cents from 1.69centsCHINA HONGCHENG - NP up 60% due to demand of premium products from overseas customers, Future Expansion Strategy in Higher Profit Margin ProductGLOBALrooneyhttp://www.blogger.com/profile/11825281341890065500noreply@blogger.com0tag:blogger.com,1999:blog-27920328.post-60174683443782882342007-09-25T13:38:00.000+08:002007-09-25T13:39:50.218+08:00China stock market continues to perform well with latest hot IPO :China Construction Bank Corp became the world's third-largest bank by market value upon listing in Shanghai. It overtook Bank of America Corp. after the share price surged 40% on the first day of trading in Shanghai, giving the Beijing- based bank a value of $226.9 billion.Construction Bank, which has traded in Hong Kong since rooneyhttp://www.blogger.com/profile/11825281341890065500noreply@blogger.com0tag:blogger.com,1999:blog-27920328.post-81284276990333418552007-09-24T23:29:00.000+08:002007-09-24T23:30:09.198+08:00Singapore stock related report :Daiwa Institute of Research initiate coverage with outperform rating on singapore stock C&O Pharmaceutical Technology :We initiate coverage of C&O Pharmaceutical Technology(C&O) with a 2 (Outperform) rating and six-month target priceof S$0.58, based on a 14x PER on our 12-month earningsforecast to 3Q FY08 (ie, 1Q08), in line with those of other Chinapharmaceutical rooneyhttp://www.blogger.com/profile/11825281341890065500noreply@blogger.com0tag:blogger.com,1999:blog-27920328.post-18418311469151269012007-09-23T15:33:00.000+08:002007-09-23T15:35:14.907+08:00THE EDGE BROKER REPORTS FOR SINGAPORE STOCKS - SEP 24 - SEP 30, 2007Allco Commercial REIT (Sept 20: $1.10) TP: $1.68MAINTAIN BUY. Allco announced three yield-accretive acquisitions of an additional three properties in Japan, which will result in an exposure of 43% Singapore properties, 42% Australia properties and 16% Japan properties. We have a forecast payout of 5.94 cents for FY2007 and 7.42 rooneyhttp://www.blogger.com/profile/11825281341890065500noreply@blogger.com0tag:blogger.com,1999:blog-27920328.post-19182912534810991962007-09-22T00:31:00.001+08:002007-09-22T00:32:02.023+08:00Hong Kong Upcoming IPO - China DongxiangSept. 20 (Bloomberg) -- China Dongxiang (Group) Co., owner of Chinese rights to the Kappa sportswear brand, will raise as much as HK$5.47 billion ($703 million) in a Hong Kong initial public offering. The Beijing-based company and its shareholders plan to sell a combined 1.38 billion shares, equivalent to a 25 percent stake, at between HK$3.60 and HKrooneyhttp://www.blogger.com/profile/11825281341890065500noreply@blogger.com0tag:blogger.com,1999:blog-27920328.post-58867338786392854112007-09-21T08:55:00.000+08:002007-09-21T08:56:38.845+08:00Share market blog update- Singapore stock market corporate news and announcementsMulti-Chem reduces investment in wholley owned subsidiary Multi-Chem China.HPL requesrs trading haltFraser & Neave divests Times Printers Ltd (Australia) for a consideration of A$80mil.Omega Navigation to present at the Jefferies Shipping Conference in New York* Eastern Holdings Ltd - Requests for trading halt as on rooneyhttp://www.blogger.com/profile/11825281341890065500noreply@blogger.com0tag:blogger.com,1999:blog-27920328.post-77159686601732636832007-09-20T08:41:00.001+08:002007-09-20T08:41:33.213+08:00Singapore stock market financial news and announcements 20sept- Singapore Exchange Ltd (SGX) has finalized changes to the minimum bid schedule for the securities market. The new schedule with reduced minimum bid sizes, to be implemented in January 2008, seeks to improve trading efficiency and market liquidity.- DBS has announced its first-ever share buy-back programme, with up to S$400m worth of rooneyhttp://www.blogger.com/profile/11825281341890065500noreply@blogger.com0tag:blogger.com,1999:blog-27920328.post-33173425106677055342007-09-19T13:53:00.000+08:002007-09-19T13:56:07.685+08:00Business Times article on SGX revamped new board :WHILE the Singapore Exchange (SGX) is on track to make announcements on its new second board, there are concerns that some outfits may find it hard to list if sponsorship is restricted to just a few players.In May, SGX announced plans to overhaul its junior board Sesdaq to attract small, fast-growing firms from overseas to list here.It aims to rooneyhttp://www.blogger.com/profile/11825281341890065500noreply@blogger.com0tag:blogger.com,1999:blog-27920328.post-74929840575196229452007-09-19T09:28:00.001+08:002007-09-19T09:28:56.334+08:00Singapore stock market financial news and announcementsGlobal Voice will deploy IP¦nex a next generation suite of massively scalable, highperformance IP solutions providing Allianz Worldwide Care with the highest performance access to the Internet.Kian Ann Engineering announces rights issue of 116m new ordinary shares at an issue price of S$ 0.14 per share and the option to elect to utilise therooneyhttp://www.blogger.com/profile/11825281341890065500noreply@blogger.com0tag:blogger.com,1999:blog-27920328.post-9830567727077012902007-09-18T12:03:00.000+08:002007-09-18T12:25:32.205+08:00Stock market directionBoth malaysia and singapore stock markets have rebounded nicely after the big sell down few weeks ago. And now, I think the market is at a cross road again........I expect most markets, including malaysia and singapore stock markets to take their cue from the US market after tonight's much anticipated FOMC rate decision meeting. I was told that most people are expecting a rooneyhttp://www.blogger.com/profile/11825281341890065500noreply@blogger.com0tag:blogger.com,1999:blog-27920328.post-37607140763717032992007-09-18T09:02:00.001+08:002007-09-18T09:02:52.270+08:0018septSingapore stock market corporate news and announcements :EZRA Holdings (EZRA SP)Ezra Holdings has ordered a new multi-functional support vessel for some SGD162.4m. The contract value includes the cost of sophisticated equipment as well as integrated features such as a remotely operated vehicle hangar and foundations for a heave-compensated offshore crane. When delivered in 1Q2010, this rooneyhttp://www.blogger.com/profile/11825281341890065500noreply@blogger.com0tag:blogger.com,1999:blog-27920328.post-29270484968229025782007-09-17T01:17:00.000+08:002007-09-17T01:25:46.209+08:00Malaysia stock Stemlife share price rebounded after The Edge writeupStemlife stock which shot up like a rocket from from RM1.00 to RM5.60 in less than a year but recently experienced a sharp correction to below RM4.00. The share price rebounded after a big write up in The Edge last week. Interestingly, Berjaya owns more than 20% in Stemlife, and Berjaya also owns more than 20% in Nexnews (rooneyhttp://www.blogger.com/profile/11825281341890065500noreply@blogger.com0tag:blogger.com,1999:blog-27920328.post-71179972597054922492007-09-17T00:06:00.001+08:002007-09-17T00:06:43.165+08:00IPO - singapore stock SinostarPublic shares - 5mPlacement shares - 155.4mPrice - $0.38Closing date: 24 september 2007Managers - Jointly by SBI E2 Capital and CIMBThe Company is one of the largest producers and suppliers of downstream petrochemical products and are engaged in the fractionation of raw LPG for the production and sale of propylene, polypropylene and LPG.The profits for Sinostar rose rooneyhttp://www.blogger.com/profile/11825281341890065500noreply@blogger.com0tag:blogger.com,1999:blog-27920328.post-35929181081087359662007-09-16T21:58:00.000+08:002007-09-16T22:02:05.792+08:00IPO - Singapore stock FuxingClosing date of application: 20 September 2007Commencement of trading: 24 September 2007Established in 1993, Fuxing is one of the few vertically integrated players in the PRC zipper industry with the ability to manufacture the entire zipper product from mould making for the production of zipper sliders to the manufacture of fabric tape for the zipper chains.They rooneyhttp://www.blogger.com/profile/11825281341890065500noreply@blogger.com0