CNMC Goldmine

SINGAPORE (May 15): CNMC Goldmine reported a 98.8% fall in 1Q17 earnings to US$54,834 ($77,000) from US$4.6 million a year ago because of the lower ore grades as forewarned in its profit guidance.

SINGAPORE (April 10): DBS is hoping that last week’s US missile attack on Syria is a one-off. Whatever the case, the latest spike in geopolitical uncertainty has given investors a “good excuse” to go “risk-off” while safe haven assets rebounded.

SINGAPORE (March 24): Positive investor sentiment continues to hold up. This past week, the Straits Times Index gained 0.5%. Our Singapore Market Portfolio did even better, rising 1.2%. Leading the gainers was egg producer Chew’s Group. The counter rose

SINGAPORE (Dec 13): DBS Group Research is sticking to its top stock picks for small- and mid-cap companies, even as the research house’s conviction picks closed 3.2% lower on average in Nov.

SINGAPORE (Nov 7): CNMC Goldmine has posted earnings of $1.76 million for the quarter, 3.6% lower than $1.83 million a year ago due to lower revenue as well as higher production costs from a stop-work order it received from authorities in Kelantan in July

SINGAPORE (Sept 25): Singapore stocks closed lower on Thursday, falling for the fourth consecutive session amid increased volatility in the global markets this week.

SINGAPORE (Aug 24): Singapore stocks closed higher on Wednesday, thanks largely to banks and offshore marine counters.

SINGAPORE (June 30): NRA Capital has maintained its “overweight” rating on CNMC Goldmine, with a target price of 43 cents.

SINGAPORE (June 28): CNMC Goldmine Holdings has signed a non-binding letter of intent to acquire a 51% stake in a Malaysian mineral miner Pulai Mining.

SINGAPORE (June 21): KGI Fraser Securities has initiated coverage on Malaysian low-cost gold producer CNMC Goldmine at a “strong buy” with a target price of 48 cents.