4Q

Singapore economy

Singapore's domestic economy to see gradual turnaround in 2018: HSBC

SINGAPORE (Sept 29): HSBC Global Research foresees a gradual improvement in Singapore’s domestic economy after the Monetary Authority of Singapore’s (MAS) April 2018 meeting, which is expected to result in a policy shift.

Broker's Calls

Strong fundamentals keep SATS grounded in robust long-term outlook

SINGAPORE (May 22): UOB Kay Hian is keeping SATS at “hold” with a higher target price of $5.05 from $4.60 previously after the airline gateway services and food solutions provider reported $67 million in earnings for the fourth quarter ended March 31.

Broker's Calls

Don’t be too heartened by SIA’s fuel hedging move yet, say analysts

SINGAPORE (Feb 9): UOB Kay Hian maintains its “hold” rating in Singapore Airlines (SIA) while raising its target price on the stock to $10.40 from $10.10 previously, following the release of the carrier’s 3Q17 results.

Broker's Calls

Will Keppel Corp rise again after last year’s impairment hit?

SINGAPORE (Jan 27): OCBC Investment Research is maintaining its “hold” call on Keppel Corporation after the group’s revenue and net profit fell below its expectations for FY16.

Broker's Calls

Better outlook, but retail environment to remain challenging for Suntec REIT

SINGAPORE (Jan 26): OCBC Investment Research has upgraded its call on Suntec REIT from “sell” back to “hold” and raised its fair value estimate to $1.54 from $1.53 previously, after incorporating the REIT’s full-year results into its model.  

Results

CRCT posts 8.5% decline in 4Q DPU to 2.37 cents on additional tax provision and forex losses

SINGAPORE (Jan 26): The manager of CapitaLand Retail China Trust (CRCT) has declared a distribution per unit (DPU) of 2.37 cents for the fourth quarter ended Dec 2016, 8.5% lower from 2.59 cents a year ago.

Results

Suntec REIT posts 5.6% lower 4Q DPU of 2.6 cents; unveils development plans for new commercial building at 9 Penang Road

SINGAPORE (Jan 25): Suntec REIT has declared a distribution per unit (DPU) of 2.6 cents for the fourth quarter ended Dec 2016, 5.6% lower from the previous year’s DPU of 2.75 cents.

Results

Cambridge Industrial Trust posts 12.6% decline in 4Q DPU to 1 cent

SINGAPORE (Jan 25): Cambridge Industrial Trust (CIT) has declared a distribution per unit (DPU) of 1 cent for the fourth quarter ended 31 Dec, 12.6% down from 1.14 cents in 4Q15.

Results

CapitaLand Mall Trust reports flat 4Q DPU of 2.88 cents

SINGAPORE (Jan 20): CapitaLand Mall Trust (CMT) has declared a distribution per unit (DPU) of 2.88 cents for 4Q16, unchanged from a year ago.
Samsung Galaxy Note 7

Tech

Samsung Electronics forecasts fourth-quarter profit at over three-year high

SEOUL (Jan 6): Samsung Electronics Co Ltd said on Friday its fourth-quarter profit likely leapt 50% from a year earlier to its highest level in more than three years, beating expectations on strong chip sales and a smartphone rebound.
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