Margins

SINGAPORE (Oct 15): Maybank Kim Eng is cutting its earnings estimates for Hi-P International after the industrial mould manufacturing company lowered its earnings guidance for the second time this year, saying it expected lower y-o-y sales and profit comp

SINGAPORE (Oct 15): Industrial mould manufacturing company Hi-P International is expecting lower y-o-y revenue and profit in 3Q18, contrary to management guidance issued in its 2Q18 results announcement.

SINGAPORE (Sept 26): RHB Research is maintaining its “buy” call on Venture Corporation on expectations of a sequential improvement in the group’s upcoming 3Q17 results, while lifting its target price estimate to $19.70 from $14.70 previously.

SINGAPORE (Sept 25): CIMB Research is downgrading its call on SATS to “reduce” from “hold” with a lower price target of $4.24 compared to $5.11 previously, after accounting for slower revenue growth from food solutions and its Japanese subsidiary,

SINGAPORE (Aug 7): RHB Research continues to rate Dairy Farm International at “buy” with a target price of US$9.53 ($13), after the Jardine Group member last week announced a 7% in 1H earnings to US$213 million.

SINGAPORE (July 10): OCBC is maintaining its “buy” call on electronics provider Venture Corporation with an unchanged fair value of $13 after the stock price corrected 9.7% to $11.80 at market close last week on Friday.  

SINGAPORE (26 Sept): It is easy to overlook Singapore’s shrinking nominal GDP growth in light of the city-state’s position as a developed, service-oriented economy and focus on real GDP growth.