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1QFY17

Broker's Calls

Jumbo’s results were within expectations, but why is UOB sticking to its ‘hold’ call?

SINGAPORE (Feb 14): UOB Kay Hian is maintaining a “hold” rating on Jumbo Group even as the restaurant operator posted a 26% earnings growth in 1QFY17.

OKH Global narrows 1Q losses

SINGAPORE (Dec 23): OKH Global has posted a 66.5% decrease in net losses to $1.9 million for 1QFY17, compared with the net losses of $5.6 million in 1QFY16.

Results

TTJ’s 1Q earnings slip 1% to $4.08 mil

SINGAPORE (Dec 7): TTJ Holdings posted earnings of $4.08 million for 1QFY17, a 1% decrease from the earnings of $4.12 million in 1QFY16.

Results

iX Biopharma's 1Q net loss narrows to $0.8 mil

SINGAPORE (Nov 11): iX Biopharma has reported net losses of $776,000 for 1Q17, an improvement of 68% over the net losses of $2.4 million in 1Q16.

Results

Silverlake Axis’ 1Q earnings more than double to $11.5 mil on disposal gains

SINGAPORE (Nov 11): Silverlake Axis, the software solutions provider, reported 1Q earnings more than doubled to RM168.6 million ($11.5 million) from a year ago on the back of disposal gains.

Results

Parkson Retail sinks into 1Q loss on declining same store sales growth

SINGAPORE (Nov 10): Parkson Retail sunk into a loss of $5.2 million in 1Q from earnings of $49.5 million a year ago. This came on the back of negative same store sales growth across all regions and losses incurred from new stores and businesses.

Results

Ellipsiz posts 70% drop in 1Q earnings to $0.7 mil on impairment provision

SINGAPORE (Nov 9): Ellipsiz, the probe card solutions provider, reported a 70% drop in 1Q earnings to $700,000 despite higher sales.

Results

Raffles Education sinks into losses in 1Q on lower sales, higher expenses

SINGAPORE (Nov 9): Raffles Education Corporation posted net losses of $1.7 million for 1Q17, compared with earnings of $867,000 in 1Q16.

Results

GL's 1Q earnings plunge 65%

SINGAPORE (Oct 24): GL posted a 65% decline in earnings to US$11 million ($15.3 million) for 1QFY17, compared with earnings of US$31.4 million in 1QFY16.

Broker's Calls

What now for SingPost investors?

SINGAPORE (Aug 5): UBS is maintaining its “neutral” call on SingPost with a lower price target of $1.53 while CIMB is keeping its “hold” with an unchanged target price of $1.49.
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