RSS

Category Archives: Uncategorized

Singapore Stocks Noble shares jump as much as 20% after confirming 2Q loss

Offers of obligation loaded items dealer Noble Group surged as much as 20% on Friday following 2Q income that demonstrated no new foundations for worry about the organization.

“There was no new earth shattering trepidation factor that was uncovered,” said Nicholas Teo, exchanging strategist at KGI Securities, “A large portion of the awful news is now in the cost.”

At 10.06am, shares were up 10% at 38.5 pennies.

Honorable detailed a moment quarter loss of US$1.75 billion on Thursday, weeks subsequent to notice it confronted its steepest quarterly misfortune in 18 months and would slice occupations and pitch resources for cut obligation.

Respectable’s reasonable worth has dove by around 95% to US$340 million from US$6 billion in February 2015, prompting rating office downsize, resource deals and raising money to relieve financial specialist stresses.

Singapore Stock Market News

As at 1.14pm, Noble offers are exchanging 4 pennies higher at 39 pennies.

Penny Stock to Buy

  • Accrelist
  • CapitaLand
  • Global Logistic
  • SingTel

So Earn more With our Stock Recommendations

Stay Update With Us – Penny Stocks RecommendationStock investmentStock picks or Stock tips

 
Leave a comment

Posted by on August 11, 2017 in Uncategorized

 

Tags: , , , , , , , , , ,

SGX Market Stock CapitaLand Mall Trust to face challenges as retail sector stalls

RHB Research is keeping its “unbiased” rating on CapitaLand Mall Trust with an imperceptibly higher target cost of $2.08, from $2.07 beforehand.

CapitaLand Mall Trust - http://www.mmfsolutions.sg

This comes in spite of CMT figuring out how to hold its ground in 2Q in the midst of testing large scale monetary conditions that have laid attack to the retail condition.

CMT’s recorded flattish rental inversion and also slight increments in its customer movement and occupant deals in the quarter, contrasted with decays no matter how you look at it in 1Q.

Singapore’s retail condition hinted at change in 2Q17,” says RHB examiner Vijay Natarajan in a Monday report. “Looking forward, we anticipate that rental development will be quieted, as retail supply stays high in the midst of changing buyer request.

As per CBRE, somewhere in the range of 3.1 million sq ft of retail supply is relied upon to go ahead stream throughout the following three years.

“In the midst of these difficulties, the area and situating of shopping centers would be essential in conveying development and we expect very much found rural shopping centers with a decent populace catchment to in any case beat the business normal,” Natarajan says.

What’s more, Natarajan opines that CMT’s as of late finished resource upgrade activity (AEI) chips away at Bukit Panjang Plaza is convenient, and should help enhance customer movement and fight off the opposition from close-by shopping centers.

CMT will likewise be looking to the arrival of Funan DigitaLife Mall to give a lift.

As indicated by Natarajan, near 30% of the retail net lettable region (NLA) at Funan Mall has just been pre-dedicated, well in front of its normal re-opening in the final quarter of 2019.

The sound pre-responsibility level foreshadows well for CMT to be particular about future occupants, and would help in better curation of the shopping center,” he says, taking note of that CMT has said it is “on track” to accomplish its objective yield of 6.5% for the redevelopment of the shopping center.

CMT offers an FY17F yield of 5.5% and exchanges at 1.1x FY17F P/BV, which we consider as reasonable,” Natarajan includes.

Units of CapitaLand Mall Trust are exchanging 2 pennies higher at $2.05 as at 11.37am.

Penny Stock to Buy

  • OLS
  • DISA
  • Sincap
  • Sitra

So Earn more With our Stock Recommendations

Stay Updated with us – Share Market Tips, hot stocks picks for Singapore Stock Market

 
Leave a comment

Posted by on July 24, 2017 in Uncategorized

 

Tags: , , , , , , , , , ,

Singapore Stock CapitaLand Mall Trust 1H DPU increases 0.2% to 5.48 cents

CapitaLand Mall Trust (CMT) announced a 0.2% expansion in its DPU for 1H17 to 5.48 pennies, from 5.47 pennies in 1H16.

Image result for CapitaLand Mall Trust

Net income for 1H17 was $340.6 million, a diminishing 2.9% from 1H16. CMT says that the diminishing was fundamental because of Funan, as the shopping center stopped its operations for redevelopment from July 1, 2016.

Net property salary was $237.6 million, 2.6% lower contrasted with a year ago.

Distributable wage came in 0.2% higher at $194.2 million.

As at June 30, CMT’s normal cost of obligation and total users were 3.2% and 34.7% individually.

Tony Tan, CEO of CapitaLand Mall Trust Management Limited (CMTML), says: “Despite the difficulties in Singapore’s retail segment, CMT has delivered yet another unfaltering arrangement of results for the quarter under audit. Despite the fact that Funan is at present shut for redevelopment, CMT keeps on conveying reasonable appropriation per unit to Unitholders. Portfolio inhabitance as at June 30, 2017, was a high 98.6%, beating the normal market inhabitance level.”

Units in CMT shut at $2.00 on Thursday.

Penny Stock to Buy

  • Rowsley^
  • Sincap
  • Artivision Tech
  • Jiutian Chemical

So Earn more With our Stock Recommendations

Stay Updated with us – Share Market Tips, hot stocks picks for Singapore Stock Market

 
Leave a comment

Posted by on July 21, 2017 in Uncategorized

 

Tags: , , , , , , , , , ,

SGX Share Noble Group jumps in Singapore amid speculation of stake build

Noble Group, the commodity trader that’s struggling for survival after a multiyear stock route and concerns it may default, surged in Singapore, with shares hitting their highest close since May amid speculation that large investors may be building stakes.

Stock in the Hong Kong-based company advanced as much as 38% to 65 cents and closed at 64 cents. While the company has rebounded from an intraday low of 28.5 cents on June 6, it’s still lost more than 60% this year.

The jump prompted a query from Singapore Exchange- SGX. In response, the company said it wasn’t aware of any information not previously announced that might explain the trading.

Noble Group is searching for a strategic investor to restore confidence after the collapse in its shares and bonds, and last month it reached an agreement with core banks to extend a key credit facility for 120 days. Goldilocks Investment Co., an Abu Dhabi fund, is among the company’s new holders after building up a 5% stake over two days in June.

We can’t rule out the possibility that some big players are probably accumulating the shares,” Margaret Yang, a strategist at CMC Markets, said by phone. “But usually they’ll have to disclose, like what the Middle East fund was doing last time.” She added: “All this is just speculation, but the volume is really there.

Shares Traded

A total of 124 million shares were traded, the busiest day since June 20, when Goldilocks Investment completed the purchase of its stake. The US$200 million ($276.4 million) fund is controlled by investor Jassim Alseddiqi’s Abu Dhabi Financial Group, which has said it would target undervalued opportunities in the six Gulf Cooperation Council countries.

Nicholas Teo, a trading strategist at KGI Securities (Singapore) Pte, said the stock surge may have been triggered by technical trading. The gains followed once a recent high of 52 cents was breached, according to Teo.

Noble Group’s perpetual bonds traded up 0.6 US cents at 15.5 US cents, for the biggest rise in nearly two weeks, while the bonds due 2020 were up 0.4 US cent to 38.4 US cents, the biggest gain in over a week, according to Bloomberg-compiled prices.

Lawyers for Noble Group have been in Singapore’s High Court this week to challenge a lawsuit brought by a former chief executive office, Ricardo Leiman, who claims he’s owed in unpaid shares and bonus.

Noble Group, the commodity trader that’s struggling for survival after a multiyear stock route and concerns it may default, surged in Singapore, with shares hitting their highest close since May amid speculation that large investors may be building stakes. Stock in the Hong Kong-based company advanced as much as 38% to 65 cents and closed at 64 cents. While the company has rebounded from an intraday low of 28.5 cents on June 6, it’s still lost more than 60% this year. The jump prompted a query from Singapore Exchange. In response, the company said it wasn’t aware of any information not previously announced that might explain the trading. Advertisement Noble Group is searching for a strategic investor to restore confidence after the collapse in its shares and bonds, and last month it reached an agreement with core banks to extend a key credit facility for 120 days.

Goldilocks Investment Co., an Abu Dhabi fund, is among the company’s new holders after building up a 5% stake over two days in June. See: Noble shares surge after Abu Dhabi-based investment firm becomes substantial shareholder “We can’t rule out the possibility that some big players are probably accumulating the shares,” Margaret Yang, a strategist at CMC Markets, said by phone. “But usually they’ll have to disclose, like what the Middle East fund was doing last time.” She added: “All this is just speculation, but the volume is really there.” Shares Traded A total of 124 million shares were traded, the busiest day since June 20, when Goldilocks Investment completed the purchase of its stake. The US$200 million ($276.4 million) fund is controlled by investor Jassim Alseddiqi’s Abu Dhabi Financial Group, which has said it would target undervalued opportunities in the six Gulf Cooperation Council countries. Nicholas Teo, a trading strategist at KGI Securities (Singapore) Pte, said the stock surge may have been triggered by technical trading. The gains followed once a recent high of 52 cents was breached, according to Teo. Noble Group’s perpetual bonds traded up 0.6 US cents at 15.5 US cents, for the biggest rise in nearly two weeks, while the bonds due 2020 were up 0.4 US cent to 38.4 US cents, the biggest gain in over a week, according to Bloomberg-compiled prices. Lawyers for Noble Group have been in Singapore’s High Court this week to challenge a lawsuit brought by a former chief executive officer, Ricardo Leiman, who claims he’s owed in unpaid shares and bonus.

Goldilocks Investment Co., an Abu Dhabi fund, is among the company’s new holders after building up a 5% stake over two days in June. See: Noble shares surge after Abu Dhabi-based investment firm becomes substantial shareholder “We can’t rule out the possibility that some big players are probably accumulating the shares,” Margaret Yang, a strategist at CMC Markets, said by phone. “But usually they’ll have to disclose, like what the Middle East fund was doing last time.” She added: “All this is just speculation, but the volume is really there.” Shares Traded A total of 124 million shares were traded, the busiest day since June 20, when Goldilocks Investment completed the purchase of its stake.

The US$200 million ($276.4 million) fund is controlled by investor Jassim Alseddiqi’s Abu Dhabi Financial Group, which has said it would target undervalued opportunities in the six Gulf Cooperation Council countries. Nicholas Teo, a trading strategist at KGI Securities (Singapore) Pte, said the stock surge may have been triggered by technical trading. The gains followed once a recent high of 52 cents was breached, according to Teo. Noble Group’s perpetual bonds traded up 0.6 US cents at 15.5 US cents, for the biggest rise in nearly two weeks, while the bonds due 2020 were up 0.4 US cent to 38.4 US cents, the biggest gain in over a week, according to Bloomberg-compiled prices. Lawyers for Noble Group have been in Singapore’s High Court this week to challenge a lawsuit brought by a former chief executive officer, Ricardo Leiman, who claims he’s owed in unpaid shares and bonus.

Stock to Watch

  • DISA
  • GKE
  • GCCP
  • YZJ Shipbldg SGD

So Earn More with Intraday Trading Signals

Stay Updated with us – Share Market Tips, hot stocks picks for Singapore Stock Market

 
Leave a comment

Posted by on July 7, 2017 in Uncategorized

 

Tags: , , , , , , , , , ,

CSE : Oil price remains unaffected after Gulf crisis!

The rising pressures in the Middle East thus of the Qatar-Gulf break could post facilitate instabilities over viewpoint of oil costs, in spite of the constrained effect we have seen up until now. Different countries including Saudi Arabia, United Arab Emirates, Egypt, and Bahrain separated ties with Qatar not long ago, on avocations that Qatar is included in supporting fear based oppression. Take note of that CSE Global Ltd’s (CSE) inferred ~35% of its 1Q17 EBIT from the Oil and Gas (O&G) part.

Image result for CSE Global Limited

Review that it was reported before the end of last month that OPEC would augment cuts in oil yield until Mar 18, however this assention could be risked if the emergency brings about rebelliousness of the yield cuts. The outcome would likely be tireless frail oil costs in the midst of the current worries of worldwide supply excess. Generally, political precariousness in the Middle East has dependably brought about spike in oil costs yet such impact was missing this time round.

Indeed, even while CSE secured two extensive deepwater O&G extends in 1Q17, which appears to demonstrate recuperation in the business, we pick to be careful for the present with the on-going Gulf emergency. Consequently, look after HOLD, with an unaltered FV of S$0.45.

Hot Stock of Singapore Share market

  • Keppel Corp
  • SingTel
  • Genting Sing
  • SingPost

Live & get Earn With Intraday Trading  …

Another keyword: Stock trading tips, Intraday trading signals, Stock investment Singapore & Singapore Stock Trading

 
Leave a comment

Posted by on June 15, 2017 in Stocks, Uncategorized

 

Tags: , , , , , , , , , ,

Convertible bonds due 12 Sep 2017 have been converted and cancelled due to an exercise of conversion rights by the holders.

CapitaLand Commercial Trust Management Limited, as supervisor of CapitaLand Commercial Trust (CCT), reported that S$21.75m in total central measure of the S$175m 2.5% convertible bonds due 12 Sep 2017 have been changed over and scratched off because of an activity of transformation rights by the holders. Subsequently of the transformation, 15.3m new units have been issued at the change cost of S$1.4265.

Image result for CapitaLand Commercial Trust

To date, the aggregate main measure of convertible bonds changed over and scratched off is S$38.75m, with the sum remaining being S$136.25m. As at end 1Q17, CCT keeps on getting a charge out of a solid monetary record with a sound adapting of 38.1% and a normal cost of obligation of 2.6%. 80% of its gross borrowings are likewise on settled rates, which restricts the trust’s presentation to rising loan fees ahead.

Keep up HOLD on CCT with an unaltered reasonable esteem gauge of S$1.69.

Hot Stock of Singapore Share market

  • Keppel Corp
  • SingTel
  • Genting Sing
  • OCBC Bank

Hurray  …………. Earn With Intraday Trading  …

Another keyword: Stock trading tips, Intraday trading signals, Stock investment Singapore & Singapore Stock Trading

 
Leave a comment

Posted by on June 14, 2017 in Stocks, Uncategorized

 

Tags: , , , , , , , , , ,

Principal amount of the S$175m 2.5% convertible bonds due 12 Sep 2017 of CapitaLand

Museum Hack founder/CEO CapitaLand Commercial Trust Management Limited, as manager of CapitaLand Commercial Trust (CCT), announced that S$21.75m in aggregate principal amount of the S$175m 2.5% convertible bonds due 12 Sep 2017 have been converted and cancelled due to an exercise of conversion rights by the holders. As a result of the conversion, 15.3m new units have been issued at the conversion price of S$1.4265.

Image result for CapitaLand Commercial Trust

To date, the total principal amount of convertible bonds converted and cancelled is S$38.75m, with the amount remaining being S$136.25m. As at end 1Q17, CCT continues to enjoy a strong balance sheet with a healthy gearing of 38.1% and an average cost of debt of 2.6%. 80% of its gross borrowings are also on fixed rates, which limits the trust’s exposure to rising interest rates ahead.

Read more : 3 SINGAPORE BLUE CHIP STOCKS YOU MUST NOT IGNORE IN 2017

Maintain HOLD on CCT with an unchanged fair value estimate of S$1.69.

Hot Stock of Singapore Share market

  • Keppel Corp
  • SingTel
  • Genting Sing
  • OCBC Bank

Hurray  …………. Earn With Intraday Trading  …

Another keyword: Stock trading tips, Intraday trading signals, Stock investment Singapore & Singapore Stock Trading

 
Leave a comment

Posted by on June 13, 2017 in Stocks, Uncategorized

 

Tags: , , , , , , , , , ,