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Broker's Calls
After bulking up, this property play is ready to enjoy even greater growth
SINGAPORE (Feb 28): CIMB is reiterating its “add” recommendation on UOL Group with a target price of $9.67, which is based on a 20% discount to a higher RNAV of $12.09 after adjusting FY81-19 EPS estimates post the property developer’s 4Q results.
February 28, 2018
Broker's Calls
Cityneon on track to meet earnings estimates despite higher gearing, says UOB
SINGAPORE (Feb 28): UOB Kay Hian is maintaining its “buy” call on Cityneon Holdings while putting its target price of $1.55 under review, pending the group’s results briefing later today.
February 28, 2018
Results
Centurion announces 4Q earnings of $5.9 mil after adjustments
SINGAPORE (Feb 27): Centurion Corp posted earnings of $5.9 million for the 4Q ended Dec 2017, nearly doubling from its 4Q16 earnings of $2.9 million a year ago after adjusting for fair value losses on investment properties and assets held for sale, provid
February 27, 2018
Results
Cityneon FY17 earnings hit record high of $17.4 mil
SINGAPORE (Feb 27): Cityneon has announced FY17 earnings of $17.4 million, which marks a historical record high for the group and is more than double of FY16’s earnings of $6.7 million on higher revenue.
February 27, 2018
Results
Hong Leong Finance posts 61.5% higher FY17 earnings of $85.7 mil
SINGAPORE (Feb 27): Hong Leong Finance reported a 61.5% rise in FY17 earnings to $85.7 million from $53.1 million a year ago, which is equivalent to 19.3 cents per share, after topping up provisions amounting to $3.8 million against $1.1 million in FY16.
February 27, 2018
Results
Interra Resources swings back to profitability in FY17
SINGAPORE (Feb 27): Interra Resources reported earnings of US$1.3 million ($1.7 million) for FY17 compared to its FY16 loss of US$8.1 million, mainly due to lower share of losses from associated companies.
February 27, 2018
Results
UMS Holdings' 4Q17 earnings treble to $15.8 mil on higher revenue & one-off gain
SINGAPORE (Feb 27): Precision engineering group UMS Holdings saw a near trebling of its 4Q17 earnings to $15.8 million from $6 million a year ago on higher revenue and a one-off gain.
February 27, 2018
Results
Union Gas FY17 earnings fall 11.1% to $4.2 mil on higher admin expenses
SINGAPORE (Feb 27): Union Gas Holdings reported a profit of $4.2 million for the FY17 ended Dec 2017, down 11.1% from $4.7 million a year ago on higher administrative expenses.
February 27, 2018
Results
Hyflux sinks into FY17 loss of $116.4 mil; continues seeking buyer for Tuaspring plant
SINGAPORE (Feb 27): Water solutions provider Hyflux has announced a FY17 loss of $116.4 million compared to $3.8 million in earnings posted for FY16, citing continued weak electricity prices across the Singapore power market.
February 27, 2018
Broker's Calls
Best World's stellar FY17 earnings are but a prelude to the better year ahead, says Maybank
SINGAPORE (Feb 27): Maybank Kim Eng is maintaining its “buy” call on Best World International with a 10% higher price target of $2.06 compared to $1.88 previously after raising FY18-19 earnings per share (EPS) estimates on expectations of stronger Chi
February 27, 2018