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Covid-19
Results
The Hour Glass reports 8% growth in earnings for FY21, declares DPS of 4 cents
The board of directors has recommended a DPS of 4 cents for FY21, up from 2 cents in FY20.
May 20, 2021
Environmental, Social and Governance
Deutsche Bank establishes ESG COE in Singapore, says pandemic prompts private-banking clients to turn to ESG
The ESG survey found that millennials tended to be more focused on ocean pollution than their older counterparts.
May 20, 2021
Broker's Calls
DBS maintains Jumbo Group at 'fully valued' on declining restaurant sales and lack of tourists
DBS Group Research analyst Alfie Yeo has maintained “fully valued” on Jumbo Group with a target price of 21 cents.
May 20, 2021
Broker's Calls
Look to defensive counters such as SGX during the tighter restrictions: CGS-CIMB
These counters are likely to see “minimal implications” from the ongoing measures.
May 19, 2021
Broker's Calls
PhillipCapital keeps ‘neutral’ rating for Yoma but lowers TP on lacklustre outlook
PhillipCapital has lowered its target price to 14.7 cents from 15.6 cents previously.
May 19, 2021
Results
UnUsUaL expects to record further net loss in FY2021
Shares in UnUsUaL closed 0.2 cent higher or 1.2% up at 17.5 cents on May 19.
May 19, 2021
Covid-19
Q&M subsidiary awarded tender for Covid-19 swab and testing services
Acumen will be a panel service provider of the HPB in respect of the Covid-19 swab and testing services.
May 18, 2021
Broker's Calls
Accumulate S-REITs on bargains; Ascendas REIT, FLCT among top picks: analysts
Following the 1Q results, valuations for S-REITs have remained stable at 4.65% FY2021 yield, which is close to the +1 s.d. level.
May 18, 2021
Covid-19
Singapore 'uncertain' over the impact of tightened measures, expects 'greater impact on economy'
Singapore is bracing for “greater impact” on certain segments of its economy with the latest round of tightened Covid-19 measures.
May 18, 2021
Results
Nera Telecommunications sees 33.6% lower group revenue of $22.8 mil in 1Q21
Shares in Neratel closed flat at 17.8 cents on May 18.
May 18, 2021