CNMC Goldmine Holdings

SINGAPORE (July 3): KGI Securities Research is re-initiating coverage on CNMC Goldmine Holdings with a “buy” call and a target price of 38 cents, representing an upside of close to 40% from its last traded price.

SINGAPORE (May 17): Phillip Capital has upgraded CNMC Goldmine Holdings to “buy” with a higher target price of 42 cents on expectations of a strong rebound for its production and earnings this year.

SINGAPORE (May 16): CNMC Goldmine Holdings, which has three mining concessions in Kelantan, appears to be unaffected by the recent outcome of the general elections held in Malaysia.

SINGAPORE (Mar 7): NRA Capital is reiterating its “overweight” rating on CNMC Goldmine with a lower fair value of 37.5 cents on expectations that processing of previously untapped primary ore will drive output higher.

SINGAPORE (Feb 28): Phillip Capital is upgrading its call on CNMC Goldmine Holdings to “accumulate” with an unchanged target price of 30 cents ahead of a potential turnaround this year.

SINGAPORE (Feb 26): CNMC Goldmine Holdings reversed out of the red in the 4Q ended December with earnings of US$1.3 million ($1.7 million), compared to a loss of US$1.9 million in the corresponding quarter a year ago.

SINGAPORE (Dec 11): The recent results season has seen mostly positive numbers from the 16 companies in our portfolio that reported results in the quarter ending Sept 30. Nine reported earnings growth in the recent quarter, while five saw their earnings

(Nov 20): This past week of the earnings season has brought positive news for some of the property and tech companies in our Singapore Market Portfolio. One of our holdings in the mining space continues to face headwinds, but is building new capabilities.

SINGAPORE (Nov 14): Phillip Capital is reiterating its “neutral” call on CMNC Goldmine Holdings with a target price of 30 cents.

SINGAPORE (Sept 27): New entrants UnUsUaL and Kimly now maintain the two highest weights on the FTSE ST Catalist Index, at 6% and 5% respectively.