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electronics
Results
Courts Asia posts 31.6% decline in 1Q earnings to $6.1 mil on lower revenue and higher expenses
SINGAPORE (Aug 11): Courts Asia, the retailer of electrical, IT and furniture products, announced a 1QFY17/18 net profit of $6.1 million for the quarter, down 31.6% from the $8.8 million it posted a year ago on lower revenue and higher expenses.
August 11, 2017
Results
Challenger 2Q earnings up 2% to $3.84 mil despite lower revenue
SINGAPORE (Aug 4): Challenger Technologies, the IT products and services provider, announced earnings of $3.84 million for 2Q17 ended June, 2% higher than $3.76 million it posted in the same period a year ago.
August 04, 2017
Tech
Developing AI for business with 5 core principles
SINGAPORE (July 24): You all know what artificial intelligence (AI) is, right?
July 24, 2017
Singapore May factory output up 5% y-o-y on electronics strength
SINGAPORE (June 23): Singapore's industrial production in May grew for the 10th consecutive month from a year earlier, helped by strong electronics output, data showed on Friday.
June 23, 2017
Broker's Calls
There are still gains to be made after the downgrade of this industrial REIT
SINGAPORE (June 20): OCBC has downgraded Ascendas REIT to “hold” from “buy” with an unchanged fair value estimate of $2.66 given valuations are no longer valuable at this juncture.
June 21, 2017
Singapore economy
Singapore’s trade will only get better in the months to come, says Maybank
SINGAPORE (June 19): Maybank Kim Eng Research is forecasting Singapore’s non-oil domestic exports (NODX) to revert back to positive growth in the coming months, while also expecting the gross domestic product (GDP) recovery to continue broadening to 3%
June 19, 2017
Broker's Calls
Long-term growth prospects remain intact for ST Engineering
SINGAPORE (May 15): UOB Kay Hian has downgraded ST Engineering from “buy” to “hold” even as it raised its target price to $3.90 from $3.70 previously.
May 15, 2017
Results
ST Engineering posts 6% decline in 1Q earnings to $103 mil
SINGAPORE (May 12): ST Engineering announced 1Q17 earnings of $103.4 mil, 6% lower from $110.2 million reported in the previous year on lower revenue.
May 12, 2017
Fischer Tech receives buying interest from a ‘third party’
SINGAPORE (April 5): Fischer Tech has entered into discussions with regards to the possibility of the company’s sale.
April 05, 2017
Broker's Calls
Serial System on steady growth track, but not without potential risks
SINGAPORE (March 23): NRA Capital is maintaining its “overweight” rating on Serial System, the distributor of electronics components and consumer products, at a fair value estimate of 24 cents following its recent share price run-up since the research
March 23, 2017