The Hour Glass Limited

Switch from leaders to laggards like ComfortDelGro, FCT, Genting Singapore, ART, CDLHT and ThaiBev: DBS - THE EDGE SINGAPORE

Broker's Calls

Switch from leaders to laggards like ComfortDelGro, FCT, Genting Singapore, ART, CDLHT and ThaiBev: DBS

The analysts estimate that the STI will be trading between support at 3,200 to 3,250 points with near-term resistance at 3,408.

Broker's Calls

DBS starts The Hour Glass at 'buy' on the back of anticipated record FY2022 earnings

The brokerage has pegged a target price of $2.62, which offers a potential upside of 30%.

Results

The Hour Glass' 1HFY2021 earnings fall 15% to $29.7 mil

For the 1HFY2021, the board of directors has approved an interim dividend of 2 cents per share, payable on Nov 27.

M&A

The Hour Glass makes foray into New Zealand with acquisition of Mansors Jewellers, two retail and commercial properties

The Hour Glass is investing more than NZ$80 million ($71.8 million) in these three purchases to mark its entry into New Zealand via its largest city.

Results

Hour Glass posts 19% increase in 1Q earnings to $17.1 mil

SINGAPORE (Aug 7): Luxury watch retailer The Hour Glass posted 1Q20 earnings of $17.1 million, up 19% from $14.3 million for the same quarter last year.

Adding The Hour Glass as luxury watch sales recover

(Oct 16): The improvement in the luxury watch industry this year appears set to continue. From January to August, the total export value of Swiss watches rose 1.2% y-o-y to CHF12.6 billion ($17.6 billion), according to the Federation of the Swiss Watch In

Results

The Hour Glass posts 18% decline in 1Q earnings to $7 mil on one-off expense

SINGAPORE (Aug 14): Luxury watch retailer The Hour Glass Group announced earnings of $7 million for the 1Q18 ended June, down 15% from $8.2 million posted in 1H17 on higher expenses which were largely attributable to a one-time relocation cost.
×