tag:blogger.com,1999:blog-279203282009-12-29T02:40:03.384+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.comBlogger128125tag: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.com0