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Financially Savvy
All about stocks and the stock market: the bulls, bears and the bottom line
Also within: The Edge Singapore's stock-picking process.
April 07, 2022
Broker's Calls
RHB keeps 'trading buy', TP 30 cents for Golden Agri after weaker-than-expected 1Q results
RHB still expects Golden Agri to post a strong earnings recovery in FY2021.
May 18, 2021
Equity raising
ESR-REIT issues 269 mil new units under private placement, raising $100 mil
The new units are being issued at 37.2 cents per unit.
May 18, 2021
Company in the news
OKP subsidiary fined $1 mil for 2017 PIE worksite accident, jail for two employees
As at Dec 31 2020, OKP’s net construction order book stood at $254.0 million, with projects extending till 2023.
May 12, 2021
Results
Mandarin Oriental reports underlying losses of US$41 mil in 1Q and expects 'further loss' in 2Q
The “challenging” trading conditions in the 1QFY2021 were attributable to the adverse impact from Covid-19.
May 05, 2021
New appointments
CapitaLand Limited appoints Standard Chartered CEO for consumer, private and business banking as director
Hsu was appointed as CapitaLand's non-executive and independent director on May 3.
May 03, 2021
SGX query
No Signboard prompts SGX query on 90.3% surge in share price
Shares in No Signboard closed 90.3% up at 5.9 cents on May 3.
May 03, 2021
Results
World Precision Machinery reverses losses, reports earnings of RMB53.9 mil in 1Q update
Revenue for the quarter surged 97.7% y-o-y to RMB290.8 million due to higher sales.
April 30, 2021
M&A
GKE Corporation acquires balance 30% of Marquis Services for $2.7 mil
The acquisition was completed on the same day, making Marquis Services a wholly-owned subsidiary of the company.
April 30, 2021
SGX query
Raffles Education share price surge prompts SGX query
Shares in Raffles Education further rose, reaching an intra-day high of 21.3 cents, 29.9% above its last closed price.
April 30, 2021