FY17

Broker's Calls

Dasin Retail Trust remains attractive despite expected DPU tapering: Phillip Capital

SINGAPORE (Mar 5): Phillip Capital is maintaining its “buy” call on Dasin Retail Trust with a 98 cent price target after FY17 revenue and net property income (NPI) came in line with its forecasts.

Broker's Calls

Outlook remains bright as ever for this utilities play

SINGAPORE (Mar 2): Phillip Capital is maintaining “buy” on China Everbright Water after the group’s FY17 revenue exceeded its forecasts by 12%, while PATMI came in line with estimates.

Broker's Calls

Yongnam Holdings set for recovery this year amid rosy construction outlook, says CIMB

SINGAPORE (Mar 2): CIMB is keeping Yongnam Holdings at “add” as the steel structure support specialist pursues $1.2 billion worth of new projects in Singapore and overseas.

Broker's Calls

Lower target price, but still a superb FY18 ahead for Moya: RHB

SINGAPORE (Mar 2): RHB is maintaining Moya Holdings Asia on “buy”, saying the year is going to be a “superb year” for the group.

Broker's Calls

After a stellar FY17, here are more reasons to be positive on AEM

SINGAPORE (Mar 2): CIMB is maintaining its “add” call on AEM Holdings with a higher target price of $8.19 from $6.62.

Results

Advancer Global posts 14.2% rise in FY17 earnings to $3.1 mil

SINGAPORE (Mar 1): Integrated services provider Advancer Global announced a 14.2% rise in FY17 earnings to $3.1 million from $2.7 million a year ago on higher revenue and gross margins across its business segments.

Results

Wee Hur 4Q earnings triple to $7.8 mil on higher revenue

SINGAPORE (Mar 1): Property developer Wee Hur Holdings saw earnings more than triple to $7.8 million in 4Q17 from $2.2 million in 4Q16 on the back of higher revenue.

Results

Starburst swings back into the black with FY17 earnings of $0.1 mil

SINGAPORE (Mar 1): Starburst Holdings, the firearms-training facilities provider, swung back into profitability in FY17 with earnings of $0.1 million compared to a loss of $11.7 million in FY16.

Results

Oceanus reports first profit in five years; turns net cash positive

SINGAPORE (Mar 1): Oceanus Group has reported its first full-year profit in five years.

Results

Hotel Royal posts 92.5% drop in 4Q earnings to $0.2 mil on higher operating expenses

SINGAPORE (Mar 1): Hotel Royal posted a 92.5% decline in fourth quarter earnings to $0.2 million in 4Q17 compared to its earnings of $2.9 million in 4Q16 on the back of higher operating expenses.
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