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Market Watch
In print this week
As hot money piles into overvalued marijuana stocks, investors could face downside
SINGAPORE (Nov 19): On Oct 17, Canada became the second country in the world after Uruguay to legalise recreational marijuana. Canadian medical marijuana producers have signed supply agreements with government-approved cannabis wholesalers in the country
November 22, 2018
In print this week
What banks’ dividend payout ratios say about their growth plans
SINGAPORE (Mar 5): It’s always nice to receive a hefty dividend paid into your bank account. And that is what shareholders of DBS Group Holdings will experience in May. DBS will be paying a core dividend of 60 cents a share and a special dividend of 50
March 05, 2018
In print this week
Beyond bitcoin: Value proxy plays for blockchain
SINGAPORE (Feb 26): In the last 12 months, with its rise, fall and rebound, the cryptocurrency bitcoin has virtually hijacked blockchain technology. As at Feb 18, the total market capitalisation of cryptocurrencies in issue, according to CoinMarketCap, is
February 26, 2018
As oil recovers, new contracts trickle in for SembMarine and Keppel
SINGAPORE (Feb 12): Oil majors such as Royal Dutch Shell and BP, which are present in the entire oil and gas value chain — from exploration, production and refining to motorway stations — have had a tremendous 2017. Their outlook for energy and their
February 22, 2018
In print this week
Your fortune is written in the stars
SINGAPORE (Feb 19): Will it be a lucky year for you? When is a good time to invest? Should you even be investing at all? This year, The Edge Malaysia talked to three feng shui practitioners — Good Feng Shui Holdings chief researcher and consultant Kenny
February 19, 2018
In print this week
Oxley set to turn new acquisitions around quickly as quantitative tightening takes hold
SINGAPORE (Feb 19): Developers could undertake projects with ease during the period of quantitative easing (QE). Low or no interest rates in a low- or no-growth environment and ample liquidity was a godsend to small-cap developers looking for fast turnaro
February 19, 2018
In print this week
As oil recovers, new contracts trickle in for SembMarine and Keppel
SINGAPORE (Feb 12): Oil majors such as Royal Dutch Shell and BP, which are present in the entire oil and gas value chain — from exploration, production and refining to motorway stations — have had a tremendous 2017. Their outlook for energy and their
February 12, 2018
In print this week
Hyflux’s equity holders lose out as prefs call date approaches, perps under pressure
SINGAPORE (Feb 5): Hyflux’s share price dived as much as 24% in the fortnight after its 3QFY2017 results were released on Nov 9. The stock has recovered to 38.5 cents and is now just 21% lower. Still, the stock is back at levels unseen since 2003, when
February 05, 2018
Commentary
Trade war will cause casualties in US business
SINGAPORE (Feb 5): Winning the Chinese game of Wei-chi, sometimes known as Go, depends on the control of empty space — a truly Taoist challenge. The principles can be applied to the State of the Union address by US President Donald Trump, where what was
February 05, 2018
In print this week
UOB Kay Hian’s conviction picks for 2018
SINGAPORE (Jan 29): At this point in the market, what should investors do? The market is up a lot, but prices continue to rise. Since the Straits Times Index’s trough in January 2016, it has risen 41% in 24 months. According to Andrew Chow, head of re
January 29, 2018