Welcome!
Swiber
RHB strategy for 2017
As SIBOR rises, so do the earnings of this bank stock
SINGAPORE (Jan 9): RHB expects DBS’ share price performance, which was already strong since the US presidential election results, to surge even further from higher Singapore interest rates in the near-term.
January 09, 2017
Swiber’s judicial managers get time extension to negotiate with creditors
SINGAPORE (Dec 2): Swiber announced that its judicial managers have applied for and received an extension of time until March 23, 2017 from the Singapore High Court to send creditors a statement of proposals and summon a creditors’ meeting.
December 02, 2016
Stocks To Watch
Boustead Projects, iX Biopharma, Swiber, ISR Capital
SINGAPORE (Nov 22): Here are some factors and stocks that could move the market this Tuesday morning:
November 22, 2016
‘Grow up as a market’, TSMP Law’s Thio urges Singapore
SINGAPORE (Nov 7): Stefanie Yuen Thio believes Singapore needs to “grow up” as a market, especially when it comes to dealing with junk bonds.
November 07, 2016
Broker's Calls
Why DBS is still attractive despite O&G exposure
SINGAPORE (Nov 2): UOB Kay Hian remains bullish on DBS Group, maintaining a “buy” call with a target price of $18.98, despite the bank’s exposure to the oil and gas industry.
November 02, 2016
SGX raps Swiber for misleading 2014 contract announcement
SINGAPORE (Oct 31): The Singapore Exchange has reprimanded Swiber for breaching Listing Rule 703 for failing to provide a balanced and fair announcement in relation to a US$710 million ($988 million) project.
October 31, 2016
Broker's Calls
DBS the only ‘buy’ ahead of Singapore banks’ 3Q results: Deutsche
SINGAPORE (Oct 26): Deutsche Bank Markets Research says it expects “little change” in the fortunes of Singapore banks in their upcoming 3Q16 earnings announcements on the back of slowing revenue momentum.
October 26, 2016
Broker's Calls
Singapore banks ‘underweight’ amid fears of worsening asset quality
SINGAPORE (Oct 19): CIMB is keeping its “underweight” rating on Singapore banks amid worries over further worsening in asset quality, ahead of the local banks’ 3Q earnings announcements.
October 19, 2016
Singapore’s US$24 bil wipeout eats into city’s shipyard base
SINGAPORE (Oct 19): Customers have dwindled by the week at Indian Masala Hut, a curry stall in Singapore’s shipyard heartland. Manager K. Muralidoss blames the slump in oil rig-building that led to the elimination of thousands of jobs, many held by work
October 19, 2016
Vallianz postpones EGM to approve rights cum warrants issue on Swiber’s interest
SINGAPORE (Oct 13): Vallianz Holdings announced that it will postpone the extraordinary general meeting on Oct 17 due to Swiber’s interest in participating in the rights cum warrants issue.
October 13, 2016