1H results

Broker's Calls

Jubilee Industries on track for strong growth recovery in FY19: CGS-CIMB

SINGAPORE (Nov 27): Jubilee Industries posted 1H19 earnings of $2.57 million, more than triple that of $0.81 million in 1H18, mainly due to higher revenue and higher currency translation differences.

Broker's Calls

Move to replace broadband with fibre network to bode well for NetLink NBN Trust

SINGAPORE (Nov 7): Analysts are remaining upbeat on NetLink NBN Trust, as Maybank KimEng and OCBC Investment Research are maintaining their “buy” calls on the trust with a target price of 93 cents and 90 cents, respectively.

Results

NetLink NBN Trust posts 1H DPU of 2.44 cents; earnings outperforms projections

SINGAPORE (Nov 2): NetLink NBN Trust, which listed on July 19, 2017, posted 1H19 DPU of 2.44 cents.

Results

Duty Free posts 12.6% fall in 2Q earnings to $4.1 mil on lower sales

SINGAPORE (Oct 10): Duty Free International (DFI) reported 2Q19 earnings fell 12.6% to RM12.3 million ($4.09 million), compared to RM14.1 million in 2Q18.

Broker's Calls

FPSO pipeline for Dyna-Mac looks encouraging but competition is heating up

SINGAPORE (Aug 31): Dyna-Mac Holdings, the engineering, procurement, and construction services provider to the marine construction and offshore oil & gas industries, reversed out of the red in 1H18 with earnings of $1.21 million, compared to a loss of $22

In print this week

DBS Group announces its biggest 1H dividend, but is it sustainable?

SINGAPORE (Aug 20): Banking stocks are typically a favourite dividend play of investors who hunt for yield. This is because as banks grow, they tend to reward shareholders with a steady payout that usually increases gradually.

Results

BreadTalk posts 10.5% increase in 2Q earnings to $2.44 mil on higher interest income

SINGAPORE (Aug 1): BreadTalk today announced that its 2Q18 earnings have increased by 10.5% to $2.44 million from $2.20 million in 2Q17 on higher interest income.

Broker's Calls

Dairy Farm's long term prospects intact but opex expected to stay high over next 2 years: RHB

SINGAPORE (July 30): RHB Research is downgrading Dairy Farm International (DFI) to “neutral” from “buy” with a lower target price of US$9.60.

Broker's Calls

DBS cuts Dairy Farm to 'neutral' on mixed bag of results, less positive outlook

SINGAPORE (July 27): DBS is downgrading its recommendation on Dairy Farm International (DFI), a member of the Jardine Matheson Group, to “hold” from “buy” previously with a lower target price of US$9.35 ($12.73).

Results

Mandarin Oriental's 1H earnings up 49% to $30.3 mil

SINGAPORE (July 26): Mandarin Oriental International, a member of the Jardine Matheson Group, announced 1H18 earnings rose by 49% to US$22.3 million ($30.3 million) from US$15.0 million in 1H17.
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