Markets and Investing
Outlook murky for Hyflux despite Galaxy joint venture
As it had underperformed the broader market last year, plunging 48% versus the STI’s 17% slide.
Outlook murky for Hyflux despite Galaxy joint venture
As it had underperformed the broader market last year, plunging 48% versus the STI’s 17% slide.
Is Genting losing to Marina Bay Sands?
The group has been losing gaming marketshare to Marina Bay Sands, especially in its VIP gaming business.
Has Keppel Corp struck a contract gold mine?
DMG seems to think so, predicting more semisub orders after its current win.
AsiaPac tops ECM activity in 2011
The region held the top spot for IPO’s this year, with proceeds amounting to a whopping US$80 billion, nearly half of the global IPO total.
Singapore rakes in second highest M&A deals in SE Asia
Can you guess who topped the list with an $18 billion haul?
Wilmar acquisition sweetens stock outlook
Proserpine Sugar Mill purchase and low share price lead OCBC to upgrade call to Hold.
Dump Noble Group stock: OCBC
Piling problems include dismal net loss, unexpected CEO exit and bleaker demand for its products.
AsiaPac mergers & acquisitions plummet 44% to US$552b in 4Q11
China remains as the most targeted nation, capturing US$136b or 32% of Asia Pacific-target M&A activity.
Sembcorp Marine rig contract win has growth caveats
Phillip Capital maintains Hold recommendation due to doubtful rig order prospects.
UE E&C stays strong with contract wins of over S$380m in 2011
It was a good year for the group as its order book was estimated to have amounted S$600-800m this year.
NOL stands to lose a whopping US$286m in FY11
Kim Eng forecasts the group’s 4Q net loss to amount to US$128m as shipping volumes continue to slow.
Lower contract wins for Keppel in the next two years
UOB forecasts a mere S$4billion per year for the group as an economic slowdown is just around the corner.
Raffles Medical Group’s earnings to jump 20% in FY12
The group enters 2012 with a good track record as its earnings will be driven by continued patient load growth.
More losses ahead as Neptune Orient Lines suffers double whammy
The second half of the year wasn’t a great one for the group as it recorded a sharper-than-expected net loss of US$91m in 3Q11.
Robust year ahead for OKP as order book amounts to S$400m
OCBC says the group’s order book already offers revenue visibility until 2014.
A-REIT’s occupancy rate rises to 96.4% in 2Q12
It’s going to be a good year for A-REIT as it has a pipeline of developments which are expected to be completed in the first quarter of 2012.
Global Palm’s expansion to slow down in 2012
OCBC says not to expect much as GPR has further lowered its new planting target for 2012 to just 770 ha.