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turnaround

Company in the news

Starburst aims for turnaround in FY2020; guns for more maintenance contracts and products

Starburst is aiming for a better FY2020 and gunning for more contracts

Restructuring

Grand Banks Yachts increases order book; to adopt more aggressive marketing strategy as earnings improve

SINGAPORE (Dec 2): During a recent visit to Grand Banks Yachts’ yard at Pasir Gudang, Johor, its shareholders were delighted to see that the 55,000 sq m factory was running at almost full capacity. During their last site visit on Nov 23, 2017, there was

Investing ideas

ThaiBev poised for a turnaround, but can its shares continue to climb?

SINGAPORE (Aug 21): Things seem to be looking up for Thai Beverage.

Broker's Calls

It's onward and upward for Jubilee Industries from here, says CGS-CIMB

SINGAPORE (June 1): CGS-CIMB Research is maintaining its “add” call on Jubilee Industries Holdings with an unchanged target price of 51 cents, in view of a strong earnings growth outlook post the group’s successful turnaround to net a profit in FY18

Results

FJ Benjamin back in the black in 2Q on lower expenses

SINGAPORE (Feb 5): FJ Benjamin reported earnings of nearly $1 million for 2Q18, reversing from the loss of $7.3 million in the same period a year ago on reduced expenses.

Where does Noble go from here? Consider these scenarios

SINGAPORE (May 18): A quarter of unexpected losses, the implications of sustained cash burn, and inadequate guidance have now snowballed into a crisis of market confidence for Noble Group.

Results

Serial System swings back into profitability in 1Q with earnings of $3.8 mil

SINGAPORE (April 28): Serial System has announced earnings of US$2.7 million ($3.8 million) for the first quarter ended March 31, reversing from its loss of US$6.6 million in the same period a year ago as losses from associate companies shrank while allow
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