2Q17

SINGAPORE (July 26): NRA Capital is maintaining its forecasts, valuation and “overweight” rating on Catalist-listed CNMC Goldmine Holdings at a fair value estimate of 38 cents – even as the group this morning issued a profit guidance to indicate tha

SINGAPORE (July 26): UOB KayHian is keeping a “hold” call on Suntec REIT with a target price of $1.90 based on its dividend discount model (DDM), pending more details after the analyst briefing.

SINGAPORE (July 26): The manager of Suntec REIT today posted a distribution per unit (DPU) of 2.493 cents for the second quarter ended June, 0.3% lower compared to the 2.501 cents it posted in the same period a year ago.

SINGAPORE (July 26): The manager of Sabana Shari’ah Compliant Industrial Real Estate Investment Trust (Sabana REIT) has reported a distribution per unit (DPU) of 0.81 cent for 2Q17, down 24.3% from the 1.07 cent DPU declared a year ago.

SINGAPORE (July 25): Great Eastern Holdings reported 2Q17 earnings surged 2.7 times to $279.5 million from $102.2 million a year ago, bringing 1H17 earnings to $497.4 million from $199.1 million a year ago.

SINGAPORE (July 24): RHB, Religare and OCBC have issued reports with differing views on Cache Logistics Trust after its manager last Friday reported a 9.5% fall in 2Q distribution per unit (DPU) to 1.8 cent, which is in line with all three research houses

SINGAPORE (July 20): Water company Hyflux says it expects to report a loss for the second quarter ended June 30, 2017, largely driven by the weak Singapore power market.

SINGAPORE (July 20): OCBC Investment Research is downgrading its rating on Hutchison Port Holdings Trust (HPHT) to “sell” from “hold” with an unchanged fair value of 42 US cents (57 cents) on the belief that it is time for investors to take profit

SINGAPORE (July 19): Keppel Telecommunications & Transportation (Keppel T&T) has reported earnings of $10.3 million for the quarter ended June, down by 45.3% from $18.8 million a year ago.

SINGAPORE (July 18): Qian Hu Corporation, the integrated service provider of ornamental fish, posted earnings of $25,000 for the quarter ended June 30, up 66.7% from $15,000 a year ago on higher revenue.