THE accompanying organizations made declarations after Wednesday’s market close that could influence their shares exchanging on Thursday:
Keppel Corporation is wanting to bring its stake up in KrisEnergy to as high as 67.33 for each penny through a particular share offering, as it moves its shares in the upstream oil and gas player from entirely possessed circuitous backup Devan International to Keppel Oil and Gas (KOG).
Krisenergy fell into the red for the second from last quarter, posting a net loss of US$31.6 million regardless of income ascending by just about four times to US$12.7 million. It is proposing to embrace a special offering of up to S$140 million senior secured zero coupon notes due 2024 with up to 1.25 billion free separable warrants.
Dutch espresso and tea firm Jacobs Douwe Egberts (JDE) is wanting to gain Super Group in an arrangement esteeming Super at S$1.45 billion, with the point of delisting and privatizing the firm.
Coordinations supplier CWT saw a 17 for each penny year-on-year drop in net benefit for the second from last quarter to S$22.63 million on the back of a 11 for every penny slide in income to S$2.34 billion because of lower product exchanging esteem - prominently in naphtha - and a general drop in ware costs, emerging from the worldwide downturn in the ware segment.
Breadtalk Group posted profit for the second from last quarter that multiplied from a similar period a year back, lifted by share of results from partners and joint endeavors. Net benefit for Q3 2016 rose to S$3.3 million, from S$1.6 million in Q3 2015. Income plunged 2.7 for every penny to S$157.3 million in Q3 2016, dragged around weaker execution in the nourishment chamber business.
China Aviation Oil (Singapore) reported a 31 for every penny bounce in net benefit for the second from last quarter to US$23.2 million as income shot up 64.2 for each penny to US$3.94 billion.
China Jinjiang Environment Holding Co reported an almost 70 for each penny year-on-year hop in net benefit to 138.18 million yuan (S$28.27 million) for the second from last quarter, as income grew 61 for every penny higher at 596.3 million yuan, on account of higher commitments from its waste-to-vitality business.
Today SGX Stock Recommendations:
1.SGX INTRADAY SIGNAL: BUY SINGMEDICAL AT 0.445 TARGET 0.460, 0.476 SL 0.429 …
2.SGX INTRADAY SIGNAL: BUY CHASEN AT 0.0310 TARGET 0.0330, 0.0344 SL 0.285 …