3Q19 results

Results

Mapletree Logistics Trust posts 2.1% rise in 3Q DPU to 2.044 cents on higher revenue

The revenue growth was due primarily to higher revenue contributions from existing properties and acquisitions in Australia, South Korea and Vietnam completed in FY18/19 and 3Q19/20.

Gold

CNMC Goldmine to strike while the iron is hot

SINGAPORE (Nov 25): On the whole, Catalist-listed CNMC Goldmine Holdings, which operates three mines in Malaysia, has benefited from higher gold prices.

Gold

Anchor Resources diversifies into granite, but turnaround yet to be seen

SINGAPORE (Nov 25): Malaysian gold miner Anchor Resources held its IPO in March 2016 at 25 cents. The share price has since plunged 97% to close at 0.8 cent on Nov 21 as it struggles to turn profitable on its gold mines in Terengganu. One of the mines was

Gold

China’s Yaos assume control over LionGold

SINGAPORE (Nov 25): LionGold Corp was one of the three counters at the centre of the 2013 penny stock saga. Since October that year, its share price has crashed to stay rangebound at the rock bottom of 0.1 cent on most days.

Investing ideas

Analysts see better days ahead for First Resources amid organic growth prospects, recovery in 4Q

While First Resources registered declines across several key financial metrics during the quarter, market watchers are quick to note that the latest set of results has still exceeded expectations. And the analysts believe the group is well on track to ach

Results

City Developments reports 34% decline in 3Q earnings to $115 mil on impairment losses, lower revenue

This was partially mitigated by higher revenue contribution from the hotel operations, investment properties and others segments, which saw increases of 4.2%, 28.3% and 6.5% respectively. 

Results

UOL posts 7% fall in 3Q earnings to $80 mil on lower revenue

Finance expenses also increased 14% to $29.0 million on higher interest expenses on borrowings for the Avenue South Residence development and for the acquisition of shares in Marina Centre Holdings and Aquamarina Hotel. 

Investing ideas

Analysts divided as DBS beats estimates with 'solid' 3Q

DBS saw its 3Q19 earnings jump 15% y-o-y to $1.63 billion, as total income for the quarter grew 13% to a new high of $3.82 billion on the back of loan growth, record fee income and higher trading gains.  The 3Q19 earnings were some 3.8% higher than th

Results

CNMC Goldmine 3Q19 earnings surge to $2.7 mil on higher gold prices

SINGAPORE (Nov 12): CNMC Goldmine Holdings reported earnings of US$2.0 million ($2.7 million) for 3Q19 ended September – an eight-fold increase from the US$235,611 profits posted in the previous year. 
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