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Singapore Stocks Update

Singapore Stocks Update
Update on the latest Singapore Stocks. Dividends paid and others
Articles: 1, 2, 3, 4, 5, 6, 7

Articles

Harlem New York Real Estate
2007-08-31 13:45:00
Welcome to Harlem is the site that was started in February 2006 is a where businesses and organizations can reach the public, and where residents and visitors can access neighborhood information such as business listings, event notifications, and dining, shopping, and entertainment options. We are setting up a visitor center in our new office space, where we will answer questions and refer visitors to places and events in Harlem. Welcome Harlem, gives information to tourist on events and activities that are happening in Harlem. Harlem New York Real Estate consist of shopping, to a feet-stomping gospel brunch at a famous Black churches, or lead you on a walk through historic neighborhoods where American history was made. There are some many things that are happening in Harlem and you do not know where to start, follow one of these tours and it will ensure that you make the best use of your time and also ensure that you see everything there is to be seen in Harlem.
More About: Real Estate
HLN Technologies
2007-08-31 13:44:00
¾ Story: HLN has shed 41% since July amid broad market correction. Although the stock has bounced off recent low of S$0.495, it has underperformed other small caps in price recovery despite strong interim results and intact fundamentals. ¾ Point: Our recent update with management indicated healthy business flows in general. Orders from Dyson have been stronger than expected which helps to mitigate a smartphone hiccup, where customer has to delay delivery due to a technical problem with service provider. As HLN?s customer is maintaining the projected lifetime volume and other businesses are gaining traction, there is no need to change our assumptions at this juncture. We believe HLN remains on track to meet our projected EPS growth of 75% and 99% for FY07 and FY08 respectively. ¾ Relevance: After the selloff, HLN is undemanding at 5.4x FY08 earnings and only PEG of 0.06x considering its strong earnings recovery and good growth potential. Maintain Buy with unchanged target price of ...
More About: Technologies , Logies , Logi
R H Energy Ltd
2007-08-31 13:42:00
Wins contracts worth US$21.2m. R H Energy Ltd (RHE) announced that it has won 2 contracts from Sinopec totalling US$21.2m. The first is a US$7.7m contract to provide directional flow control valve system at the Puguang Gas Field. This project will be delivered in 2Q08. The second is a US$13.5m contract, as mentioned in our previous reports, to provide an emergency shut down system for a pipeline transporting natural gas downstream from the Puguang Gas Field. This contract will be delivered in 3 shipments spanning 1Q08 to 3Q08. FY08 orders represent 41% of our forecasts. These contracts bring RHE's outstanding order book to US$29.1m, of which US$7.6m will be recognised in 2H07 and US$21.5m will be recognised in FY08. To put the numbers in perspective, the secured contracts for FY08 already exceeds FY06's total revenue of US$17.0m, and represents 41% of our forecasted top-line of US$52.5m for FY08. With these major deals in its bag, RHE will enter FY08 on a strong footing. No upda...
Midas
2007-08-31 13:31:00
z Midas ?s 32.5% joint venture company Nanjing SR Puzhen Rail Transport (NSRPRT) and consortium partners secured RMB2.16bln contract to supply 41 train sets (246 train cars) for the Shanghai Metro Line 10 project. z NSRPRT has an estimated 66.7% share of the contract, translating to RMB1.441bln. This contract is expected to be fulfilled between 2009 and 2011. z These metro train cars would be the first batch of train cars in China equipped with automated driverless capability and reaffirms the market?s confidence in NSRPRT?s ability to meet new tech requirements and deliver top quality products. z As NSRPRT is one of 4 rolling stock companies approved to undertake metro train projects on a nation wide basis in China, and given the rapid rail infrastructure expansion plans in China, the company will continue to be a key beneficiary. z As a result, we believe there will be more contract announcements going forward which will benefit Midas?s stock price. z With the stock trading at ...
Permanent eye makeup
2007-08-31 13:31:00
Surgery whether cosmetic or health, every operations is important and must be taken seriously. It is important to find a clinic that is professional and licensed. MPI Clinic in La Jolla, CA offers permanent makeup to enhance the facial features. After the procedure, the effects last anywhere between 1 ? 5 years. Permanent makeup is the latest in the cosmetics industry. By choosing MPI Clinic, you are choosing the most sanitary and professional permanent makeup clinic. Laura Rappaport is not only a licensed makeup artist, but she is also a Registered Nurse and offers Sedation Permanent Makeup . This are not fly by night shops but permanent shops where every client is treated as a single important customer. Therefore being a permanent makeup, there is need to have a few conslutants before the procedures can be carried out. some of the procedures carried out are lash enhancement, eyeliners, Permanent eye makeup are others. So if you want professional work done on your face get the pro...
Seksun
2007-08-31 13:30:00
z Seksun rose to an intra day high of 68 cents per share yesterday before closing at 65.5 cents (+7.5 cents) on 8.859mln shares, above its average of 1- 3 mln shares in the last 2-3 weeks on the back of takeover rumours. z The company was queried by SGX for the significant rise in trading vol and share price yesterday. z The company said that they are in confidential discussions in respect of a possible transaction, but added that there is no certainty that a binding agreement will be entered into between the parties. z During the recent market carnage, the stock had hit a low of 57 cents per share, down from its July?07 high of 75 cents per share. z During the last 3 months, the stock had hit a low of 55 cents per share and high of 75 cents per share. z We had downgraded the stock to a HOLD on 13 Aug?07 (at 67.5 cents per share) as the stock has risen over 80+% from our initial buy recommendation and its forward PE of 10x only at a slight discount to MMI, Brilliant and Amtek?s...
Vacation homes in Orlando
2007-08-25 11:23:00
Tired of looking for a place with all the entertainment to fit every member of the family. Look no further why not go on an Orlando Vacation , why don't you take a step further any buy a Vacation homes in Orlando. Orlando the city with 52 theme parks, a short drive to the beach, everything for everyone not matter how old or how young you are. Something for the young and old is the Disney World. Check out the rides, the souveniors..... How about that golf game with the spouse. Orlando is truly a place for the family and also a great place to retire. So think about it.
More About: Homes
Jaya
2007-08-25 11:22:00
Jaya reported a net profit of S$120.8m (+13% yoy) for FY07. Effective tax waslower at 11% compared 16% in FY06, due to the earnings mix. FY07 registereda higher portion of tax-exempt earnings (i.e. offshore shipping and gains fromvessel sales) while taxable shipbuilding earnings were lower. Gains from vesselsales totalled S$38.6m in FY07, 50% higher than FY06?s S$25.7m. Eightvessels were sold in FY07.Excluding gains from vessel sales, net profit in FY07 was S$84.7m, flatcompared to FY06?s S$85.0m. Offshore Shipping net profit (ex gains fromvessel sales) rose 52% to S$30.5m in FY07. Despite a lower fleet of 28 vesselsas of end-FY07 compared with 33 vessels as of end-FY06, fleet utilisation wasmarginally higher at 81% compared with 79% in FY06 and average revenue pervessel charter day was 27% higher at S$8,249 in FY07 compared with S$6,493in FY06. Conventional shipping continued to contribute marginal earnings asthere is only one vessel left in the fleet. Shipbuilding net profit fell ...
More About: Jaya
CapitaLand strengthens residential presence in Vietnam.
2007-08-25 11:19:00
CapitaLand strengthens residential presence in Viet nam .Capitaland announced its plans to develop a fourth residential site in Ho ChiMinh City (HCMC) in partnership with Azure City Co (Azure). CapitaLand?sequity interest will be 75% amounting to US$32.25m (S$48.8m) and Azureholding the remaining 25% stake. Capitaland plans to build 1200 luxurious highrise apartments and a retail component over the next three to four years. Thefirst phase of the project is expected to launch in 4Q08.Vietnam offers an attractive business environment due to the improvedframework and transparency, tax incentives and more recently its WTO entryprovides greater market access. The average GDP growth rate for Vietnam hasbeen 7.8% pa over the last five years with 2007 GDP target of 8.5%. HCMC iscurrently experiencing a property boom supported by the rising affluence amonglocals, increasing affordability levels and their preference to invest in real estateas against other investment vehicles. The move by Capit...
More About: Residential , Presence , Resident
capella university
2007-07-12 02:47:00
Online Univ ersity such as capella university has more than 19,000 students, has released its latest Inside Online Education podcast. One of the featured student is Carla Chaldek a PhD student who currently holds the job of a Program Manager for the Joint Staff Training Program at the Pentagon. Chladek, who is pursuing a master?s degree in education at Capella, is responsible for ensuring that the training needs are met for the 2,000 military members who support the Chairman of the Joint Chiefs of Staff. Students from all walk of life, just like you and me, ordinary people no stars are featured regularly on their podcasts. The featured student or instructors, give their true feeling about their stay in the university. Just plain truth, why an online study fits their current working life.
More About: Ella , Univers , Apel
Booming oil and gas sector. Beginning trading on t...
2007-07-12 02:46:00
Booming oil and gas sector. Beginning trading on the SGX-ST today, RH Energy Ltd (RHE) fabricates and installs equipment and systems for oil and gas pipelines in the PRC. The industry has been growing rapidly in the last decade and shows no signs of slowing down. According to the BP Statistical Review of World Energy, China's oil consumption recorded a CAGR of 128% between 1996 and 2006 while global oil consumption has recorded a CAGR of 156% during the same period. In 2006 alone, China's oil consumption grew 6.6% YoY, far outpacing Asia Pacific's average YoY growth of 1.4%. Standard & Poor's expects global capital spending in this sector to grow by approximately 10% in 2007. The growing oil demand in the PRC will be driven by the country's rapid economic growth. Strong order book. As at 1H07, RHE order books stood at US$13.2m. We project RHE to secure another US$20m of orders for 2H07. Based on this, we project a 95% YoY growth in FY07 revenue to US$33.2m. Diversification into...
More About: Trading , Ming
Keppel Land embarks on a second township in Vietna...
2007-07-12 02:45:00
Keppel Land embarks on a second township in Vietnam. Keppel Land announced its plans to develop a residential township on a 509-ha site in Dong Nai Province situated 28 km from Ho Chi Minh City (HCMC) in partnership with the Dong Nai General Agriculture Service United Cooperative (Dona Co-op) and Vietcombank Fund Management (VCBF). Keppel Land?s equity interest will be 45% amounting to S$49m through its subsidiary with Dona Co-op and VCBF holding the remaining 55% stake. The total investment capital for the project is estimated at S$550m for the initial stage of a 193-ha parcel. The river frontage site is a drive away from the Central Business district and will feature about 14,000 homes, commercial and public amenities, with a potential gross floor area of about 28 million sf. The site will be developed in phases with the first phase expected to be launched in 2009 and will be cater to the middle to upper middle income market. Vietnam offers an attractive business environment due t...
More About: Keppel , Econ , Ship , Towns
Share placement Epure has just announced a share p...
2007-07-12 02:37:00
Share placement Epure has just announced a share placement. The details are as follows: ƒ 30m new shares; ƒ 20m vendor shares from Green Capital, an investment vehicle of the fatherin- law and mother-in-law of Mr Wen Yibo, the non executive chairman and major shareholder of Epure; and. ƒ 1.4m vendor shares from IFC The indicative price range is S$2.16-S$2.20, representing 8-10% discount to the last traded price of S$2.39 before the trading halt. The net proceeds of approximately S$63m will be used to acquire similar and synergistic business. The company is currently considering the possibility of acquiring environmental equipment companies and construction project management companies focusing on environmental projects. We believe that the company has already identified the target and with the new funds from the placement, Epure should be able to announce its M&A plan within 3-4 months. We like environmental plays given the continued investors? interest in the sector. The world and ...
More About: Share , Lace , Anno
Best Credit Cards
2007-07-12 02:37:00
Flooded with credit cards offers, and not sure which is one that suits you. Worst still you have already more than 5 cards and thinking of another 5 more. Your wallets is bursting with cards. So which is the Best Credit Cards for you then check out CreditCardSearchEngine.com is one of the Internet?s longest running sites for online credit card comparison. It allows consumers, business and students alike to search, compare, and apply for all types of credit card offers, everything from low interest and reward card to cards for people with bad to average credit. This search engine allows you to get a glimpse of all the features offered by the leading U.S Credit Card issuers such as J.P. Morgan Chase, Bank of America, Citibank and leading brands Visa, MasterCard, American Express and Discover Card.
Disposed Oculus shares Rewarding shareholders with...
2007-07-12 02:36:00
Disposed Oculus shares Rewarding shareholders with special dividend. SMB United has disposed 22,545,600 Oculus shares in the open market at an average share price of $0.37. The sale proceed from the divestment is S$8.4m. Part of the investment gain of $6.4m would be booked in the 1H07 results and the balance in 2H07. The entire profits of S$6.4m will be distributed to shareholders in the form of a special dividend, estimated at 1.3 cents/share. Riding on recovery in the construction industry. SMB United?s order book for switchgear is very strong and is growing due to the booming construction and property industries. It is well positioned to select projects which offer better margins due to industry-wide capacity shortage. SMB United is setting up a second switchgear plant in Singapore, which is adjacent to its existing factory. The second plant would double the total production floor space available in Singapore to 120,000
More About: Shareholders , Shares , Ward , Hold , Pose
capella university
2007-07-12 02:29:00
online university is here to stay, capella university an online university with more than 19,000 students, has released its latest Inside Online Education podcast. It features a conversation with Capella PhD student Carla Chladek about her work as Program Manager for the Joint Staff Training Program at the Pentagon. She is on the mater's degree programme. Listen to her on the podcast and then make an informed decision if online university fits your working schedule. Note that Capella offers 89 graduate and undergraduate specializations and 16 certificate programs. The online university currently serves more than 19,000 students from all 50 states and 56 countries. It is committed to providing high-caliber academic excellence and pursuing balanced business growth.
More About: University , Univ , Ella , Univers , Apel
Capitaland
2007-07-12 02:28:00
0333 GMT [Dow Jones] CapitaLand (C31.SG) can expect to own more than 200malls in China from about 100 now as developer continues to expandportfolio of shopping centers, says UBS, which rates stock Buy with S$10.60target. Company this week signed agreement with China Vanke (000002.SZ) todevelop retail malls, townships in China. No details given but UBS saysdeal likely to give CapitaLand access to at least 35 new malls across 24cities. Says move allows company to consolidate position as leading retailmanager in China; "this should increasingly allow CapitaLand to controlclusters of assets in the various markets, increasing the leasing controland flexibility." Stock flat at S$7.80. (FKH)
More About: Capital
Yongnam
2007-07-12 02:27:00
SINGAPORE, July 11 (Reuters) - Singapore construction andengineering firm Yongnam Holdings halted the trading ofits shares on Wednesday, pending an announcement on a courtdecision relating to the ownership of a floor in a building, thfirm said. "The announcement is relating to the Springleaf case," ChiefExecutive Officer Seow Soon Yong told Reuters on the telephone inJakarta. "The trial is going on, we''ll make an announcement whenthe judgment comes out." Singapore''sCourt of Appeal is expected to make its finaldecision on Wednesday over an appeal filed by United OverseasBank (UOB) against a court ruling in a case involvingthe bank and Yongnam''s subsidiaries. Yongnam units Yongnam Development andYongnam Engineering &Construction, together with Hong Leong Finance , broughta lawsuit against UOB last year over the ownership of a floor inSpringleaf Tower, a commercial building. Yongnam, which is the best performing stock in theAllSingapore index so far this year, was o...
Bosch Washing Machines
2007-07-03 02:45:00
How do you go about buying big ticket items, do you shop around from one place to another, do you check out the yellow pages, look at brochures or do youdo what millions of people are now doing, searching the internet. But do you know that searching the internet is not that easy as you will get hundres if not thousands of hits. Make you search more focus, try krillion. Krillion with its localiation search engine is all you need to find the products of your choice. Launced in Feb 2007, Krillion is capable of generating over 275 million pages of relevant local search results displaying local product information for major appliances in over 40,000 U.S. cities and towns that has never before been available through search engines.Krillion delivers local search results that combine very specific product information with very specific locality information. Basically it is tailored you you as the consumer. I recently bought a Bosch Washing Mach ines by searching through krillion and have no...
More About: Shin
Venture to manufacture for payment technology leader Hypercom
2007-07-03 02:44:00
Venture has entered into an agreement with US payment technology firm Hypercom Manu facturing Resources to jointly manufacture secure electronic payment transaction devices. With this alliance, Venture will provide almost the full value chain management services to Hypercom from production and testing to order fulfillment for the balance of 2007 and beyond. Hypercom, acknowledged as a leading supplier of point-of-sale equipment and other electronic payment solutions, manufactures out of Shenzhen and generated sales of US$248.6m (S$380.4m) in 2006. We noted in Hypercom?s 2006 annual report that the company intends to outsource more to third party manufacturers. No financial details were disclosed but Venture expects the partnership to contribute positively to revenue and would boost the company?s standing in the transactional devices eco-system. Maintain Buy on Venture with target price of S$18.90.
More About: Technology , Venture , Payment , Vent
SingTel acquires 30% stake in Warid Telecom
2007-07-03 02:42:00
SingTel has acquired 30% stake in Warid Telecom , owned by Abu Dhabi group, for about US$758m at about 2.5 times initial expectations of US$300m. The higher bidding price could be an outcome of bidding war with Vodafone and MTN. Pakistan?s telco market is attractive, given its low penetration rates of around 35% and growth prospects of around 35-40% yoy, in terms subscribers, projected for 2007. However, customer growth, may not translate into a similar revenue growth due to lowering of ARPU from tough competition and expansion into rural regions with lower per capita income. Warid is one of the six mobile-phone operators in Pakistan. Since the beginning of its operations about two years ago, the company has acquired 10m customers and a market share of 17%. The other mobile players in Pakistan are Mobilink (~43% market share), Ufone (~21.8%), Warid (~16.6%), Telenor (~16.5%), Paktel (~1.8%) and Pakcom(~0.5%). Positives 1) Warid has quickly grown its market share from 11% last year to...
More About: Acquire
gold coins
2007-07-03 02:37:00
The latest craze in investment is not keeping you money in fixed deposit, stocks or bonds but in investing in gold, silver and preciou metal. The demand for such items have been on the rise and many have made a tidy profit in investing in it. I know a number of you are worried in safe keeping the gold, silver or preciour metal in your home but through Monex Deposit Company (MDC) you can purchase silver, gold or other precious metals and coins for immediate personal delivery or arrange for convenient and safe storage at an independent bank or depository. For over 30 years, the Monex companies have been America?s gold, silver and precious metals investment leader. Yes gold coins and silver coins and some who prefer to have it in ingots. These are the main form in whioch these precious metal are made into.
More About: Gold , Coins , Coin
Wilmar International : Merger process completed
2007-07-03 02:36:00
BUY S$3.18; WIL SP; Price Target : 12 months S$ 3.65 ¾ Story: Wilmar announced on Thursday that it had completed the acquisition of Kuok Oils and Grains (KOG) and Wilmar Holdings Pte. Ltd (WHPL) interests in subsidiaries and associates other than those of Wilmar. ¾ Point: With the completion of these acquisitions, Wilmar?s merger with the Kuok Group and restructuring undertaking are in effect. ¾ Relevance: In our forecast, we had previously assumed consolidation starting 1 July 2007. We have now updated our forecasts to take into account the actual completion date of each of the acquisitions, as well as restatement of income contribution of WHPL assets from the beginning of the year ? based on pooling of interest method. We have also updated Wilmar?s capacities and lowered the assumed EBIT contribution from its biodiesel plants. These changes resulted in 2007F and 2008F EPS upgrades of 21.9% and 2.9%, respectively. We maintain our target price at S$3.65/share and buy call on the stock.
More About: International , Merger , Intern , Complete , Process
Raffles Education : On an accelerated programme
2007-07-03 02:35:00
BUY S$2.28; (Upgrade from Hold) RLS SP; Price Target : 12-month S$ 2.88 (Prev S$ 2.31) ¾ Story: We met management recently for an update, pursuant to its latest acquisition of Shanghai Zhongfa Education , and felt excited by the plans. ¾ Point: Zhongfa Education currently has a student base of about 2,700. This is projected to increase by another 1,300 in the new academic year starting Sep07. We estimate this acquisition could improve the Group?s bottomline by about S$4m in FY08F, at an average fee of RMB10,000/student/annum. ¾ Relevance: The latest acquisition is the third this financial year and we believe there is more in the near future, contributing towards management?s target of 50,000 student enrollment by 2010 ? five years earlier than we previously envisaged. Given management?s track record and consistency in delivering on its plans, we believe it would be able to achieve that target. We are raising our TP to S$2.88 as we roll over our DCF to FY08F valuations. This equates t...
More About: Ducati , Rate , Programme , Gram
online schools
2007-06-26 16:14:00
Cannot remember that school your friend told you about, or not sure if you got the right school, why not search the internet. What do you 10,000 hits and still do not know which site to go to to get that online schools. Why not just check one site at DirectoryofSchools .com, and you get a whole list of schools and how long is that list just about 1,355 schools with over 9,230 online degrees and professional certificate programs, only. Committed to excellence in online education through our strategic partnerships with universities, colleges and trade schools. DirectoryofSchools.com strive to insure that our partner schools are reputable by utilizing an in-house verification process which reviews accreditation or vocational industry standards relevant to each school. Rset assured you are at the right site to search for that right programme for you.
More About: Online , Line
Coal
2007-06-26 16:12:00
26 June 2007 Coal Sector (NEUTRAL - Downgraded) Sector update - Higher prices, higher production? by Robert Adair Share prices for listed thermal coal companies have continued to outperform over the past month, boosted by higher spot prices. However, we expect spot prices to weaken in 2H07 and have left our FY08-10 price assumptions unchanged. We believe Bumi Resources and Banpu remain attractively valued in view of these assumptions and maintain our Outperform recommendation for both companies. However, Straits Asia and TB Bukit Asam valuations appear to reflect higher coal prices and we recently downgraded our recommendations for these two companies to Underperform. We downgrade our sector recommendation to Neutral, from Overweight previously. Full Report [ Click here ] or the URL below http://www.gohdirect.com/NASApp/spaf/econ tent/sg/REG-CoalSector-260607.pdf
CNA
2007-06-26 16:12:00
0044 GMT [Dow Jones] CNA Group (5GC.SG) may rise on aggressive expansion in Middle East as firm offers to buy 50% stake in Dubai-based Al Hani Gulf Contracting for AED17 million, to form JV with Saudi Economic & Development Company. Al Hani provides control, automation systems to airports, malls, schools, high-end homes in Dubai. CNA says JV with SEDCO will raise share capital for CNA''s Dubai unit to AED40 million from AED300,000 now; funds to be used for acquisitions, future business development, working capital. JV will aim to service companies in Middle East, North Africa, Turkey, Pakistan, India. Stock +4.1% at S$0.63 yesterday. Pre-open quotes show bids of up to S$0.65, offers most substantial at S$0.68. (FKH)
ST Engineering
2007-06-25 15:08:00
0533 GMT [Dow Jones] ST Engineer ing (S63.SG) may recoup morning''s losses as has secured US$41.5 million contract under Egyptian Fast Missile Craft project. Still, deal relatively small for company as posted 1Q revenue of $1.22 billion; stock capped at record high close of S$3.86. Contract between U.S. operations of ST Engineering''s marine arm and U.S. Navy; not expected to impact FY07 EPS. Deal is follow-on order after marine unit was named prime contractor for project in 2005, has already been given contracts worth about US$194 million with scope for further project wins. Stock down 0.5% at S$3.76 at midday break.(JEM)
More About: Erin
Travel Insurance
2007-06-25 02:45:00
TravelSafe Insurance is one of the nation?s largest and most respected providers of travel insurance. Did you know that thousands and thousand of travellers and travel agents think TravelSafe when they want to protect their vacations or those of their clients. They have been in the business of travel insurance for over 35 years. Started as a family business the business has grew ever since. They provide ?Cancel For Any Reason? cash back benefit, plus superior coverage for hurricane warnings and other inclement weather, worldwide medical protection (including a 24-hour emergency assistance number), emergency medical evacuation, coverage for pre-existing medical conditions, terrorism and trip cancellation/interruption. The benefits and service offered by TravelSafe Insurance are unbeatable. Nowhere else can you find Travel Insurance that provides this kind of coverage.
More About: Travel
DMG Starts C&O Pharmaceutical
2007-06-25 02:31:00
0012 GMT [Dow Jones] STOCK CALL: DMG & Partners starts C&O Pharmaceutical (E92.SG) at Buy with 12-month price target of S$0.68, based on 14x FY09 forward earnings. Says C&O provides exposure to biggest pharmaceutical group in China - antibiotics - with strong M&A angle "because of its big cash hoard and strong operational cash flow." Closed flat at S$0.57 yesterday. (JEM)
More About: Harm , Mace , Arma
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