CNMC Goldmine Holdings

(Sept 11): In the wake of destruction wrought by Hurricane Harvey in Texas, the US is set for another storm. Hurricane Irma, which is said to be one of the most powerful Atlantic hurricanes ever, is expected to hit Florida this weekend. At the same time,

(Sept 4): Our Singapore Market Portfolio rose 0.67% over the week from Aug 22 to 29, against a 0.44% fall in the Straits Times Index. Now that all the companies in our portfolio have reported their earnings for the quarter to June, we have decided to revi

(Aug 28): Local equities suffered losses for four consecutive sessions in the past week, with the benchmark Straits Times Index falling 0.95% between Aug 15 and 22. Our Singapore Market Portfolio also declined in value — by 0.6% — led by a 2.2% fall i

(Aug 21): Corporate earnings for 2Q2017 were not great. Of the Straits Times Index’s 30 component companies, 14 missed market expectations, while 11 outperformed, says Margaret Yang, an analyst at CMC Markets, citing Bloomberg data. The remaining five c

SINGAPORE (Aug 14): CNMC Goldmine Holdings posted a 90% on-year decline in earnings to US$0.5 million ($0.7 million) for the second quarter ended June, versus earnings of US$4.7 billion a year ago on lower revenue.

SINGAPORE (July 27): Gold ore mining group Wilton Resources Corporation could have “significant upside potential,” according to NRA Capital.

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

(June 23): Over the one-week period to June 20, the benchmark Straits Times Index slipped 0.8% to close at 3,230.4. The decline was driven by property and bank counters as a plunge in crude prices, expectations of further US interest rate hikes and news t

(June 9): Our Singapore Market Portfolio gained1.07% over the period of May 30 to June 6, slightly outpacing the 0.96% gain in the Straits Times Index. Most of our holdings rose, among them curry puff seller Old Chang Kee. The company had disappointed us

SINGAPORE (May 19): DBS Vickers Securities is downgrading its call on CNMC Goldmine Holdings to “hold” from “buy” with a lower target price of 31 cents from 60 cents previously, while also suspending coverage on the stock due to the lack of earnin