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Covid-19
Healthcare
Prudential Singapore looks to hire up to 500 more financial consultants in 2021
Prudential Singapore looks to hire up 500 people mid-hires and fresh graduates in 2021
November 18, 2020
Broker's Calls
Talkmed's walk to begin once Covid-19 bug simmers : RHB
RHB is downgrading their call on TalkMed to “hold” from “buy” previously.
November 18, 2020
Singapore economy
Singapore to have a budget deficit in 2021 as economy reels from Covid-19 bug: PM Lee
PM Lee sees the government running a budget deficit at least through early next year, and perhaps “a while” longer.
November 17, 2020
Broker's Calls
PhillipCapital cuts Hyphens Pharma's TP on 9M earnings falling below estimates
Hyphens’ 9MFY2020 earnings came 17% below the analyst's estimates due to other losses arising from inventory obsolescence.
November 17, 2020
Covid-19
Moderna says Covid-19 vaccine is 94.5% effective in a preliminary analysis
A preliminary analysis of data from more than 30,000 volunteers showed Moderna’s vaccine prevented virtually all symptomatic cases
November 16, 2020
Aviation & Engineering
SIA says it looks forward to 'gradual recovery' in passenger operations amid re-opening of borders
Shares in SIA closed 4 cents higher or 1.0% up at $3.87 on Nov 16.
November 16, 2020
Broker's Calls
UOB Kay Hian starts InnoTek at 'buy' on exposure to China’s auto market and high TV demand
InnoTek is currently trading at 6.3x 2021F PE (ex-cash PE of 2.5x), which is unjustified based on several factors: UOB analysts.
November 16, 2020
Covid-19
Biden's Covid-19 advisers say implementation of nationwide lockdown only as 'last resort'
Asked about the lockdown option, Vivek Murthy, one of Biden's top advisors on the virus, said “it’s a measure of last resort.”
November 16, 2020
Covid-19
Singapore’s millennials 'most optimistic' on Covid-19 recovery, says UOB
Millennials were also the most optimistic on the prospect of a Covid-19 vaccine to be released within the next 12 months.
November 16, 2020
Results
Covid-19 bug lingers in Centurion as revenue slips by 11% in 3Q2020
“3Q2FY20 continues to show impact from COVID-19 on Centurion’s portfolio,” says CEO Kong Chee Min.
November 15, 2020