Jadason Enterprises

The companies say it will be business as usual for the company and that trading in their shares will also continue as per usual.

The independent non-executive director of Jadason Enterprises, Teo Kiang Kok, who is also a director of Hyflux, is under investigation for suspected false and misleading statements as well as breaches of disclosure requirements under Hyflux.

SINGAPORE (May 18): RHB is maintaining its “neutral” call on Jadason with a lower target price of 5 cents.

SINGAPORE (May 16): CGS-CIMB Securities is keeping its “add” recommendation on Jadason Enterprises, despite an abysmal 1Q which saw earnings come in at 0.6% of the brokerage’s full-year forecast.

SINGAPORE (Mar 7): CIMB is maintaining its “add” call on Jadason Enterprises with a lower target price of 8 cents from 11 cents previously.

SINGAPORE (Mar 1): RHB is downgrading its recommendation on Jadason Enterprises to “neutral” from “buy” previously with a target price of 8 cents.

SINGAPORE (Nov 13): CIMB Research continues to rate Jadason Enterprises at “add” with a lower target price of 11 cents after rolling over its valuation basis to FY19F estimates, still based on 12.34 times P/E – which is 2 s.d. above the average forw

SINGAPORE (Nov 9): RHB is maintaining its “buy” call on Jadason Enterprises with a target price of 10 cents.

SINGAPORE (Nov 8): Jadason Enterprises saw its earnings for the 3Q ended September fall 19% to $1.0 million, from $1.3 million a year ago.

SINGAPORE (Sept 20): As many as 27 of the 30 biggest hardware and semiconductor stocks listed on the Singapore Exchange (SGX) have generated price gains in the 2017 year to date, with the sector amounting to a median price gain of 43% compared to its medi