share price

Food Empire receives SGX query after share price closed 18.1% higher - THE EDGE SINGAPORE

SGX query

Food Empire receives SGX query after share price closed 18.1% higher

Shares in Food Empire closed further up at 13.5 cents higher or 18.1% up at 88 cents on Feb 3.

Investing ideas

Analysts slash earnings estimates, price targets for ComfortDelGro amid bleak near term outlook

Apart from ComfortDelGro's weaker earnings in 1QFY2020 ended March, DBS analyst Andy Sim notes that the company is slated to be excluded from the MSCI Singapore Index from May 29, which could put significant pressure on the counter’s share price.

Broker's Calls

Analysts slash earnings forecasts for ComfortDelGro as Covid-19 slams brakes on taxi business

DBS has cut its FY2020F and FY2021F earnings by 19% and 11% respectively, while CGS-CIMB has slashed its FY2020-2022F earnings per share (EPS) forecasts by 13.4%-38.6%.

Company in the news

Sen Yue eyes earnings recovery with e-waste diversification and new smelting facility

This smelting facility, the first in Singapore, would allow the group to process up to a total 1,000 tonnes of discarded batteries which have been grounded to a powder per month.

REITs

Coronavirus may hit Singapore REITs harder than the financial crisis

Unit prices have tumbled in recent weeks on mounting virus concerns and a sell-everything mentality in global markets.

Broker's Calls

All-time low share price an opportunity to accumulate this 'stable and resilient' stock, says RHB

Although this stock’s share price has dived some 24% year-to-date, RHB Group Research says that there is no reason to panic, but instead an opportunity to accumulate.

Stocks To Watch

Genting Malaysia shares go downhill amid virus outbreak fear

The counter slips below the RM3 level to RM2.94 — its lowest since January last year

Results

ISOTeam swings back into the black in 4Q19 on higher sales

SINGAPORE (Aug 28): ISOTeam, the building maintenance and housing estate upgrading company, posted 4Q19 ended June earnings of $2.9 million, reversing from a loss of $1.86 million a year ago in 4Q18.  

Billion Dollar Club 2019

Corporate leadership in a time of 'conscious capitalism'

The Edge Singapore’s Billion Dollar Club recognises leading performers among the largest local listed companies.
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