dividend

SINGAPORE (Jan 16): CIMB continues to rate Duty Free International (DFI), the duty free retailing group in Malaysia, at “add” with a lower target price of 55 cents from 61 cents previously.

SINGAPORE (Jan 13): Big companies with resilient earnings are usually relied upon to pay consistent dividends. But that consistency tends to drive up their share price and drive down their dividend yields.

SINGAPORE (Jan 9): The Asean countries posted mixed performances in 2016, as Thailand and Indonesia outperformed the MSCI All Country Asia ex Japan Index by 16.8% and 12.1% respectively.

SINGAPORE (Nov 28): United Global, the manufacturer of industrial lubricants, is set to ride Asia’s growing automotive production and industrialisation, says CIMB, with China and Malaysia alone representing 45% of regional demand.

SINGAPORE (Nov 17): KGI is maintaining its “buy” recommendation on Global Testing Corporation, after the group’s earnings of US$3.2 million ($4.5 million) year to date achieved 78% of KGI’s full year forecasts.

SINGAPORE (Nov 14): ComfortDelgro’s share price fell more than 12% over the past month, in what Maybank Kim Eng considers an “overreaction” to the announcement of a 4.2% fare cut on Oct 27 from lower energy prices.

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.

SINGAPORE (Nov 9): Hiap Seng Engineering announced a 25% drop in 2Q earnings to $918,000 from a year ago on higher cost of sales and lower profit margin.

SINGAPORE (Nov 8): UOB KayHian and CIMB are sticking to their “add” calls for Valuetronics as they expect the group to continue riding the Internet of Things (IoT) megatrend in the consumer electronics (CE) segment and take on more automotive projects

SINGAPORE (Nov 7): Fraser and Neave reported earnings of $108.1 million for FY16, a 82.9% decrease from the earnings of $632.6 million in FY15 which was boosted by the one-off $541.5 million gain from the sale of its 55% stake in Myanmar Brewery.