1Q results

Broker's Calls

Competition to hit StarHub's near-term earnings

SINGAPORE (May 6): Consensus are mostly neutral on StarHub following its results announcement on May 3. The group posted a 14.2% y-o-y drop in its 1Q19 earnings, with revenue increasing 6% y-o-y to $597 million.

Broker's Calls

Analysts have conflicting views on Hi-P with competition expected to increase in near-term

SINGAPORE (May 6): Analysts seem to have a conflicting outlook on Hi-P International, following the group’s latest results announcement.

Results

Starburst narrows 1Q losses to 1.2 mil on lower expenses

SINGAPORE (May 3): Starburst Holdings, a Singapore-based engineering group specialising in the design and engineering of firearms-training facilities, announced that its 1Q19 losses have narrowed by 8.3% to $1.2 million, compared to a loss of $1.3 million

Broker's Calls

PLife REIT favoured for stable yield, defensive income structure and ample debt headroom

SINGAPORE (Apr 30): ParkwayLife REIT (PLife REIT) on Apr 26 announced a DPU of 3.28 cents for 1Q19, 3.5% higher compared to the 3.17 cents DPU for 1Q18.

Results

Citic Envirotech posts 1Q earnings plunge 92.2% to $3.1 mil on lower revenue

SINGAPORE (Apr 29): Citic Envirotech announced that its 1Q19 earnings have declined by 92.2% to $3.1 million, compared to $39.3 million in 1Q18.

Broker's Calls

Venture gets 'buy' from OCBC, DBS but Maybank says watch out for near-term volatility

SINGAPORE (Apr 29): Analysts are mostly positive on Venture Corporation after it announced that its 1Q19 earnings have increased by 8.9% y-o-y to $90.9 million.

Results

Jardine C&C 1Q earnings more than double to $422 mil on Astra contribution

SINGAPORE (Apr 26): Jardine Cycle & Carriage (JC&C), which is 75%-owned by the Jardine Matheson Group, announced first quarter earnings rose 131% to US$312.4 million ($422 million) in 1Q19 from US$135.3 million in 1Q18.

Broker's Calls

Analysts turning cautious on CacheLog Trust with liquidity-challenged CWT as tenant

SINGAPORE (Apr 26): Analysts are mostly remaining neutral on Cache Logistics Trust (CacheLog Trust) following its results announcement , but they will be keeping a watchful eye on the trust should CWT Limited default on its rent.

Results

Cache posts 0.4% increase in 1Q DPU to 1.513 cents

SINGAPORE (Apr 26): Cache Logistics Trust (CacheLog Trust) has declared a 1Q19 DPU of 1.513 cents, 0.4% higher than the 1Q18 DPU of 1.507 cents.

Results

First Sponsor posts 39% increase in 1Q earnings to $23.8 mil; to launch rights issue of perps

SINGAPORE (Apr 25): First Sponsor Group announced that its 1Q19 earnings increased 39% to $23.8 million, compared to $17.1 million in 1Q18.
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