Tag Archives: Singapore Stocks

Singapore Stock Oxley Holdings Update

Oxley Holdings Limited’s (Singapore Stock)entirely possessed auxiliary, Oxley MTN Pte. Ltd. has valued its US$100,000,000 6.375 for every penny. notes due 2021 under its U.S.$1,000,000,000 Guaranteed Euro Medium Term Note Program set up on 7 April 2017, as per which the Issuer may every now and then issue medium term notes unequivocally and irreversibly ensured by the Company…

Estimating OF US$100,000,000 6.375 PERCENT. NOTES DUE 2021 (TO BE CONSOLIDATED AND FORM A SINGLE SERIES WITH THE US$200,000,000 6.375 PER CENT. NOTES DUE 2021 ISSUED ON 21 APRIL 2017) UNDER THE U.S.$1,000,000,000 GUARANTEED EURO MEDIUM TERM NOTE Program

The governing body (the “Board”) of Oxley Holdings Limited (the “Organization”) is satisfied to declare that the Company’s completely possessed backup, Oxley MTN Pte. Ltd. (the “Backer”) has today estimated its US$100,000,000 6.375 for every penny. notes due 2021 (to be merged and frame a solitary arrangement with the US$200,000,000 6.375 for each penny. notes due 2021 issued on 21 April 2017) (“2021 Tranche 2 Notes”) under its U.S.$1,000,000,000 Guaranteed Euro Medium Term Note Program (the “Program”) set up on 7 April 2017, in accordance with which the Issuer may every now and then issue medium term takes note of (the “Notes”) unequivocally and unalterably ensured (the “Certification”) by the Company.

The 2021 Tranche 2 Notes will bear enthusiasm at a settled rate of 6.375 for every penny. per annum in regard to the period beginning from, and including, 21 April 2017 and will develop on 21 April 2021.

The net continues from the issue of the 2021 Tranche 2 Notes (subsequent to deducting issue costs) are directly planned to be utilized for general corporate purposes and working capital and capital use prerequisites of the Company, its auxiliaries, its joint wander elements and its related elements.

According to Condition 9(f) of the Terms and Conditions of the Notes, upon the event of a Change of Control, every holder of 2021 Tranche 2 Notes will have the alternative to require the Issuer to recover such 2021 Tranche 2 Notes together with gathered intrigue, subject to the Terms and Conditions of the Notes. A “Change of Control” alludes to the event of at least one of the accompanying occasions:

(a) the immediate or roundabout deal, exchange, movement or other air (other than by method for merger or combination), in one or a progression of related exchanges, of all or generously all of the properties or resources of the Company and its Subsidiaries, taken all in all, to any Person other than a Permitted Holder.

(b) the Permitted Holders are the valuable proprietors of under 51.0% of the aggregate voting energy of the Voting Stock of the Company

(c) the reception of an arrangement identifying with the liquidation or disintegration of the Company.

In accordance with Condition 9(g) of the Terms and Conditions of the Notes:

(i) if the shares of the Company stop to be exchanged on the Singapore Exchange Securities Trading Limited (the “SGX-ST”)

(ii) if exchanging the shares of the Company on the SGX-ST is suspended for a consistent time of over seven days.

every Share Investor or holder of the 2021 Tranche 2 Notes will have the alternative to require the Issuer to recover such 2021 Tranche 2 Notes together with accumulated intrigue, subject to the Terms and Conditions of the Notes.

Singapore shares opened higher on Tuesday (May 9), with the benchmark Straits Times Index at 3,247.73 in an early exchange, up 0.33 for each penny, or 10.75 focuses.

Around 83 million shares traded hands.

Gainers beat washouts 94 to 38.

Singapore Hot Stocks of the Day:

  • Yuuzoo
  • Chasen^
  • Alliance Mineral
  • QT Vascular

Our recent Stock Recommendations:
KLSE POSITIONAL SIGNAL
(05 May 2017): BUY DATAPRP AT 0.450 TARGET 0.490, 0.530 SL 0.400. HOLD FOR 8-10 DAYS.
KLSE Holding Update: DATAPRP
AT 0.530, OUR FINAL TARGET DONE.GIVEN FROM 0.450

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SGX Stock Investing update

Singapore offers opened marginally higher on Monday (May 8), as financial specialists looked past Mr. Emmanuel Macron’s normal triumph as France’s next president and concentrated on the up and coming initially quarter profit aftereffects of a few key blue chip constituents.

Likewise helping slant is last Friday’s powerful American occupations report boosting good faith in the American economy.

Singapore Stock Market

The Straits Times Index was up 0.09 for each penny or 3.05 focuses at 3,232.78 as at 9.40 am Singapore time. It quit for the day per penny at 3,229.73 on Friday.

Merchants ascribed the nearby securities exchange’s tepid response to financial specialists having to a great extent situated for Mr. Macron’s triumph in the keep running up to Sunday’s vote.

Individuals don’t see the French races influencing us that greatly contrasted and the UK’s,” remisier Desmond Leong said.

The concentrate here is more on the execution of nearby blue-chip organizations as the profit season gets going, beginning with OCBC Bank on Tuesday. Wilmar International will report its outcomes on Thursday. Friday will see first-quarter comes about because of ComfortDelGro Corp, Genting Singapore, UOL Group and Singapore Technologies Engineering and additionally entire year comes about because of SIA Engineering.

Around Asia, stocks moved, with Japanese shares encouraging following a three-day occasion, as speculators looked past Mr. Macron’s normal triumph and concentrated on enhancing worldwide development. Japan’s Topix list climbed the most in three months, driving a progress over the district after US stocks shot at a record on Friday on US employments information. Money related markets in South Korea are shut on Monday for an open occasion.

Oil broadened a bounce back while gold climbed.

With the vulnerability over France’s new pioneer now cleared, speculators are additionally looking for Chinese information on fares and imports, and for signs on how a crackdown on Chinese money related markets by controllers is influencing the nation, IG Asia showcase strategist Pan Jingyi said.

The euro took off to a six-month high against the greenback at US$1.1023 in early arrangements before facilitating picks up at US$1.01. The European single money rose to S$1.54 against the Singdollar.

Singapore Hot Stocks of the Day:

  • JADASON
  • BEST WORLD
  • NOBLE GROUP
  • CHASEN
  • IMPERIUM CROWN

Our recent Stock Recommendations:
KLSE POSITIONAL SIGNAL
(05 May 2017): BUY DATAPRP AT 0.450 TARGET 0.490, 0.530 SL 0.400. HOLD FOR 8-10 DAYS.
KLSE Holding Update: DATAPRP
AT 0.530, OUR FINAL TARGET DONE.GIVEN FROM 0.450

Stay Update with us for – stock signals, Stock Tips, Intraday Trading Signals & Stock Market Prices and More . . . . . .

Share Market Update: Keppel’s O&M arm and SembMarine research by DBS

DBS is looking after its “purchase” approach Sembcorp Industries with an objective cost of $3.80 even as the gathering orders a key survey of its organizations.

Under the rudder of the new CEO Neil McGregor, SCI will attempt an entire survey of organizations and vital course, concentrating on execution, manageability and esteem creation.

The result of the survey is required to be uncovered and actualized in six months’ chance.

While it is untimely to reveal more insight into the future course of SCI, it may resuscitate advertise theory on the potential legitimization of the three home-become modern plays, to be specific SCI, Sembcorp Marine (SMM) and Keppel Corporation (Keppel), says DBS in its Thursday report.

Since Aug 2015, DBS has hailed the potential merger between Keppel’s O&M arm and SMM amid the auxiliary downturn.

The turn off of its marine arm could re-rate SCI’s underestimated utility business that is right now dominated by the frail marine viewpoint.

We put stock in the long haul development prospects of SCI’s utilities arm, which has extended its worldwide impression and as of late made invasions into key developing markets - India, Bangladesh, and Myanmar,” says examiner Ho Pei Hwa.

Given its assorted profit stream and different recorded resources, DBS says it determined its reasonable incentive for SCI in view of the total of its diverse parts.

Showcase valuations of its stakes in recorded organizations Sembcorp Marine (SGX-recorded, 60.6% stake), Gallant Venture (SGX-recorded, 11.96% stake) and Salalah (Muscat stock trade, 40% stake) and income from utilities and urban improvement were thought about.

For its holding organization position, DBS has connected a 10% combination rebate to the reappraised net resource esteem (RNAV).

We determine a TP of $3.80, meaning 1.0x P/BV,” says Ho.

Shares of SCI are up 10 pennies at the beginning of today to $3.10.

Singapore Hot Stocks of the Day:

  • SEMBCORP MARINE
  • NOBLE
  • YUUZOO
  • CHASEN
  • SEMBCORP IND

Our recent Stock Recommendations:
KLSE INTRADAY SIGNAL
(04 May 2017): BUY RHONEMA AT 1.20 TARGET 1.25, 1.30 SL 1.14
KLSE Holding Update: RHONEMA
AT 1.25, OUR 1st TARGET DONE. GIVEN YESTERDAY FROM 1.20.

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Singapore Stocks Market News: DBS private-wealth dispute an Unbridled greed

Singapore Stocks  Market holder’s DBS Group Holdings Ltd. lost some portion of a case over misfortunes on a great many dollars of ventures for the family trust of a well-off Chinese broker and his better half amid the worldwide money related emergency.

The offended parties were Industrial and Commercial Bank of China Ltd. official Zhang Hongli, his significant other Ji Zhengrong, the trustees of their family trust, and the trust’s speculation organization.

In a decision in Hong Kong’s High Court on April 13, Justice Mohan Bharwaney requested the bank to pay remuneration to the trustees and the speculation organization, with the add up to be resolved at a later date, saying two DBS elements were careless in endorsing venture choices by Zhang’s better half in the interest of the family trust.

Unbridled Greed” assumed a part for the situation, when the unfurling emergency in 2008 ought to have deflected a portion of the dangerous venture choices which prompted the misfortunes, the judge said.

A Zhang family trust account chief at DBS, Linda Liu, “was obviously determined by the desire to appreciate greater and greater rewards,” while “Ji was no less eager,” Justice Bharwaney said. “The confirmation indicates unmistakably that Ji was requesting, proactively and in many cases forcefully, bigger and bigger credit lines.”

Singapore Stocks Market holder DBS Group Holdings Ltd’s Latest Earnings

The judge expelled claims against Liu, or Liu Hiu Hong, and different DBS staff and elements. He censured the “mass bombarding” prosecution style of the offended parties, bringing about what he portrayed as mind boggling, exorbitant and delayed suit and some spurious assertions.

Zhang, who is otherwise called Lee Zhang, is a previous China head of Deutsche Bank AG who joined ICBC in 2010 and fills in as a senior official VP. He additionally sits on the leading group of ICBC, China’s biggest bank. He cleared out it to his better half to manage DBS, the judge said.

Decumulation Purchases

The decision expressed that two DBS elements, DHJ Management Ltd. what’s more, DBS Trustee H.K. (Jersey) Ltd. - now Nautilus Trustees Asia Ltd. - ought to between them pay “fair pay,” after the Zhang family trust’s speculation organization made misfortunes on buys of US$83 million of Australian dollars and of three outside money items called “accumulators.”

The two DBS substances had the ability to supersede Ji’s venture choices, the judge said.

A DBS representative said that “we have precisely considered the judgment and are getting autonomous lawful exhortation.” Liu and different people named as litigants for the situation are no longer DBS workers, and the two related trust organizations are no longer piece of DBS Group, the representative included.

Zhang didn’t react to a demand for input. Nathan Dentice, a legal advisor representing both Zhang and his significant other, didn’t react to a demand for input. Liu couldn’t be gone after the remark.

The court procedures, going back to 2011, included protracted transcripts of customer financier telephone calls and a huge number of pages of records.

“Walloping” Credit for DBS Group Holdings Ltd

By January 2007, the Zhang family trust’s speculation organization was the greatest customer of the DBS private saving money division in Hong Kong, as per proof referred to by the judge. In July 2008, DBS expanded a credit office for the organization to an “incredible” US$100 million from a past US$58 million, to store buys of the Australian dollar, exactly when extreme butterflies were undulating through the budgetary world, the judge said. DBS Trustee was careless in affirming the expansion, as indicated by the judge.

The judge dismisses the contention that obtaining the accumulators - utilized organized items connected to trade rates - seemed well and good, saying that they weren’t intended to fill in as a support for cash buys.

The “unbridled insatiability of the principle players of this dramatization prompted a game-plan that drove them to the eye of the ideal monetary tempest,” Justice Bharwaney said.

Keeping in mind the end goal to decide pay, he required a specialist give an account of how the family trust’s venture organization would have fared if the cash had gone into different speculations.

The case is Zhang Hongli and others v DBS Bank (Hong Kong Ltd.) and others, HCCL 2/2011 in Hong Kong’s Court of First Instance.

More Profitable Singapore Stocks of the Day:

  • QT Vascular
  • Moya Asia
  • Chasen^
  • ISR Capital

Our recent Stock Recommendations:
KLSE INTRADAY SIGNAL
(01 May 2017): BUY SEACERA AT 1.37 TARGET 1.42, 1.47 SL 1.30
Update: SEACERA
AT 1.47, OUR FINAL TARGET DONE. GIVEN ON 28-APR-17 FROM 1.37

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What are the stocks to watch for 02 May 2017 in Singapore Share Market

Here are a few stocks to watch this Tuesday morning in Singapore Share Market.

Singapore Share market: stocks to watch of the day: 

DBS Group revealed 1Q net benefit rose to a record $1.21 billion, up 1% from a year back on record charge pay. Add up to wage rose 1% to $2.89 billion. Shares of DBS shut 14 pennies higher at $19.35.

The trustee director of CapitaLand Commercial Trust (CCT) has gone into a consent to strip One George Street into a restricted obligation organization - One George Street LLP, which CCT has set up with JV accomplice OGS (II), which is possessed by safety net provider FWD Group. Units of CCT shut 1 penny bring down at $1.62 on Friday.

Manulife US REIT accomplished 7.3% higher distributable pay of US$10.4 million in 1Q17 while DPU of 1.65 US pennies beats projection by 8.6%. Net property pay came in at US$12.8 million which was above projection by 2.7%. Units of Manulife US REIT shut down at 84 US pennies.

General store chain Sheng Siong Group posted income of $17.1 million for the primary quarter finished March 31, rising 4.4% from $16.4 million a year prior. Shares of Sheng Siong shut level at 98 pennies on Friday.

Singapore REIT Data

Unitholders of Sabana REIT at the beginning of today voted against evacuating it’s failing to meet expectations REIT director at its Extraordinary General Meeting additionally voted against a general order at its Annual General Meeting.

Property designer Oxley Holdings has proclaimed $45.7 million in profit inferable from holders for the second from last quarter finished March 31, down 12% from the $52.2 million it posted a year back. Shares of Oxley Holdings shut 0.9% lower at 57 pennies on Friday.

Miniaturized scale Mechanics, the maker of high accuracy devices and parts for the semiconductor business, announced 3Q profit bounced 26.6% to $3.5 million. Shares of Micro-Mechanics are up 9 pennies at $1.28.

Wander Corporation saw income grow 35.6% to $48.6 million in the main quarter finished March 31, from $35.8 million a year back. Shares of Venture Corp shut 21 pennies higher at $12.20 on Friday.

Tianjin Zhongxin Pharmaceutical announced a 12% ascent in 1Q income to RMB 133.7 million ($27 million) from a year back. Shares of Tianjin Zhongxin shut down at 95 pennies.

Joined Industrial Corporation (UIC), the property improvement and speculation organization, posted $60 million in income for the main quarter finished March 31, moderately unaltered from a year back. Shares of UIC shot level at $3.16 on Friday.

Jardine Cycle and Carriage posted income of US$210 million ($297 million) in the primary quarter finished March 31, half higher than the US$141 million recorded a year prior. Shares of Jardine C&C shut 88 pennies bring down at $47.23 on Friday.

Major Share Markets

The tech-overwhelming Nasdaq shot at a record Monday, with shares of Apple hitting another high, while the Dow industrials slipped lower as financial specialists processed a heap of monetary reports and looked forward to the begin of the Federal Reserve’s arrangement meeting on Tuesday. The Nasdaq Composite Index completed 44 focuses, or 0.7%, to a record 6,091.60. The S&P 500 record shut everything down focuses, or 0.2%, at 2,388.33 while the Dow Jones Industrial Average completed down 27.05 focuses, or 0.1%, at 20,913.46.

Singapore Stock Market

On Friday, the Straits Times Index (STI) completed with a 4.08-point pick up at 3,175.44, which took its pick up for the week to 36 focuses or 1.1%. Turnover on Friday, the last exchanging day of the month, came to two billion units worth $1.6 billion. Barring warrants there were 218 ascents versus 258 falls.

More Profitable Singapore Stocks of the Day:

  • DISA
  • Loyz Energy
  • NOBLE
  • ADDVALUE TECH

Our recent Stock Recommendations:
SGX INTRADAY SIGNAL
(01 May 2017): BUY BEST WORLD AT 2.47 TARGET 2.57, 2.67 SL 2.35
Update: BEST WORLD
AT 2.57, OUR 1st TARGET DONE. GIVEN FROM 2.47.

Stay Update with us for – stock signals, Stock Tips, Intraday Trading Signals & Stock Market Prices and More . . . . . .

Are penny Stocks still lucrative in Singapore equity market?

Here are a few stocks to watch this Friday in Singapore equity market:

Singapore Equity market Valuable Stock of the day:

UOB revealed 1Q income of $807 million, 5.4% higher than a year prior. Net intrigue wage grew 2.3% to $1.30 billion, to a great extent driven by expensive based credit development. Net intrigue edge diminished 5 premise focuses to 1.73%. Non-intrigue pay expanded 18.0% to $819 million in 1Q17. Shares of UOB shut 24 pennies bring down at $21.47 on Thursday.

Sembcorp Marine posted 1Q income of $39.5 million, down 27.9% from a year prior on lower deals. The gathering booked a pickup of $47 million from the divestment of its 30% stake in Cosco Shipyard Group Co. which was finished in January. Shares of Sembcorp Marine shut at $1.73 before the declaration.

Protection aggregate Great Eastern Holdings announced 1Q17 income dramatically increased to $217.9 million from $96.9 million a year prior. This was for the most part because of higher non-working benefit because of narrowing of credit spreads and rally in value showcase, and higher benefit from shareholders’ store’s speculations. Extraordinary Eastern shut 8 pennies higher at $21.47.

Keppel FloaTEC, an entirely possessed backup of Keppel Corp’s seaward and marine arm, has secured a US$40 million ($56 million) contract for the initial Tension Leg Wellhead Production Platform (TLWP) in Vietnam. Shares of Keppel Corp shut 2 pennies higher at $6.57 on Thursday.

iFAST Corporation, the venture, and finances stage have declared income of $2 million for the principal quarter finished March 31, about multiplying from the $1.2 million it posted in 1Q16 on higher income subsequent to accomplishing record high resources under organization (AUA). Shares of iFAST shut level at 60 pennies on Thursday.

Unitholders of Sabana Shari’ah Compliant Industrial Real Estate Investment Trust will vote today on booting out the REIT’s director, and maybe twisting up the entire element.

Major Share Markets

On Thursday night, the Dow Jones Industrial Average rose 6.24 focuses, or 0.03%, to 20,981.33, the S&P 500 increased 1.32 focuses, or 0.06%, to 2,388.77 and the Nasdaq Composite included 23.71 focuses, or 0.39%, to 6,048.94, a record high.

Singapore Stock Market

The Straits Times Index shut 2.4 focuses weaker at 3,171.36 in direct turnover of 1.8 billion units worth $1.1 billion, however, the expansive market still dealt with a propel decrease score of 255-207 barring warrants.

More Profitable Singapore Stocks of the Day:

  • Addvalue Tech
  • UOB
  • HPH Trust USD
  • OCBC Bank

Our recent Stock Recommendations:
SGX INTRADAY SIGNAL
(25 April 2017): BUY BEST WORLD AT 2.47 TARGET 2.57, 2.67 SL 2.35
Update: BEST WORLD
AT 2.57, OUR 1st TARGET DONE. GIVEN FROM 2.47.

Stay Update with us for – stock signals, Stock Tips, Intraday Trading Signals & Stock Market Prices and More . . . . . .

What are some penny stocks for Singapore share market

Here are a few stocks to watch this Thursday morning in Singapore share market:

Singapore Share market Updated information for Equity Investment

F&B and property gather Yeo Hiap Seng announced a 1Q profit of about $139 million contrasted with $6.5 million a year prior. This was chiefly because of pick up on the transfer of interest in Super Group of $138.4 million. Shares of Yeo Hiap Seng shot at $1.37 on Wednesday before the declaration from Singapore share market.

Hong Leong Finance saw 1Q profit rise 13.2% to $16.5 million from a year prior somewhat because of a decrease in staff costs and a diminishment in other working costs. Shares of Hong Leong Finance shut 1 penny higher at $2.76.

Obligation Free International posted a 14.9% drop in income to RM17.8 million ($5.7 million) for the final quarter finished Feb 28, from RM20.9 million a year prior. Shares of Duty-Free shut a large portion of a penny brings down at 41.5 pennies on Wednesday.

Progress SCT has posted a profit of $125,000 for the principal quarter finished March 2017, switching out of a net loss of $1.3 million a year prior. Income surged to $21.3 million in 1Q17, from $1.4 million a year back. Shares of Advance SCT have been suspended from exchanging.

Rowsley swung to a net loss of $1.6 million for 1Q17 finished March from a benefit of $4.8 million a year ago. Shares of Rowsley shut down at 9 pennies on Wednesday before the declaration in Singapore share market.

Major Share Markets

US stocks ticked bring down on Wednesday taking after two sessions of solid picks up as solid corporate profit were counterbalanced by vulnerability over the attainability of a proposed business tax reduction. The Dow Jones Industrial Average fell 21.03 focuses, or 0.1%, to 20,975.09, the S&P 500 lost 1.16 focuses, or 0.05%, to 2,387.45 and the Nasdaq Composite dropped 0.27 indicate 6,025.23.

Singapore Stock Market

Singapore stocks finished 0.3% higher on Wednesday, with the Straits Times Index climbing 9.83 focuses to 3,173.76. Around 2.66 billion shares worth S$1.35 billion altogether changed hands. Gainers dwarfed washouts 260 to 204.

More Profitable Singapore Stocks of the Day:

  • AOXIN Q&M
  • JACKSPEED
  • ISDN
  • LIPPO MALLS TR
  • M1

Our recent Stock Recommendations:
SGX INTRADAY SIGNAL
(25 April 2017): BUY BEST WORLD AT 2.47 TARGET 2.57, 2.67 SL 2.35
Update: BEST WORLD
AT 2.57, OUR 1st TARGET DONE. GIVEN FROM 2.47.

Stay Update with us for – stock signals, Stock Tips, Intraday Trading Signals & Stock Market Prices and More . . . . . .

Singapore share market hot stock of the the day with equity recommendations

Here is some hot stock  that could move this Wednesday morning in Singapore share market:

Singapore stock market Updated information for Stock Investing

CapitaLand posted 1Q income of $386.8 million, a 77.2% expansion contrasted with a year prior, lifted by enhanced working execution, including the offer of 45 units of The Nassim, and higher portfolio picks up. Assemble income for 1Q17 finished March was $897.5 million, 0.4% higher than 1Q16. Shares of CapitaLand shut 5 pennies higher at $3.67 on Tuesday.

CITIC Envirotech, the film based water treatment arrangements supplier, declared a profit of $17 million for the main quarter finished March 31, 41.2% up from $12 million a year back. Income grew 14.3% to $113.7 million. Shares of CITIC Envirotech shut 1 penny higher at 78 pennies on Tuesday.

CDL Hospitality Trusts detailed 1Q17 conveyance for each stapled security of 2.42 pennies, up 9% from a year prior. Add up to circulation rose 10% to $24.1 million while net property salary came in at $35.9 million, an expansion of 6.4% contrasted with 1Q16. Units of CDL Hospitality Trusts finished 1 penny bring down at $1.47.

Singapore Press Holdings (SPH) today declared its procurement of Orange Valley Healthcare (OV), the administrator of nursing homes and subordinate administrations, for about $164 million from private value firm KV Asia Capital. Shares of SPH shut 2 pennies higher at $3.45 on Tuesday.

Mapletree Commercial Trust (MCT) has posted dissemination per unit (DPU) of 2.26 pennies for the final quarter finished March, an expansion of 11.9% from DPU of 2.02 pennies a year prior. Units of Mapletree Commercial Trust shut 1.5 pennies higher at $1.57 on Tuesday.

Atlantic Navigation Holdings (Singapore) reported Tuesday that a consortium between its auxiliary, Atlantic Ship Management, and its Korean accomplice, Oceanus Co., has been granted a US$45.2 million ($63.0 million) extend by a Middle Eastern National Oil Company. Shares of Atlantic Navigation last shut down at 14.4 pennies.

Ho Bee Land, the land advancement, and venture organization has proclaimed profit of $56.3 million for the main quarter finished March 31 - more than triple of the $18.5 million it posted for 1Q16 on the back of higher income and also a divestment pick up. Shares of Ho Bee shut level at $2.31 on Tuesday.

Ascendas REIT announced DPU for the 4Q finished March rose 13% to 3.852 pennies from a year back, upheld by higher net property salary from new acquisitions and dynamic cost administration. Units of Ascendas REIT shut 2 pennies higher at $2.55.

Major Share Markets

The Nasdaq Composite hit a record high on Tuesday, while the Dow and S&P 500 brushed against late crests as solid income underscored the soundness of corporate America. The Dow Jones Industrial Average rose 232.23 focuses, or 1.12%, to 20,996.12, the S&P 500 increased 14.46 focuses, or 0.61%, to 2,388.61 and the Nasdaq Composite included 41.67 focuses, or 0.7%, to 6,025.49.

Singapore Stock Market

The Straits Times Index shut 19.9 focuses higher at 3,163.93. The expansive market was firm with 272 ascents versus 198 falls barring warrants. Turnover enhanced from Monday’s $1.1 billion to 2.7 billion units worth $1.2 billion.

More Profitable Singapore Stocks of the Day:

  • BlackGoldNatural
  • Genting Sing
  • GSS Energy
  • YZJ Shipbldg SGD

Our recent Stock Recommendations:
SGX INTRADAY SIGNAL
(24 April 2017): BUY AEM AT 1.85 TARGET 1.92, 1.99 SL 1.77
Update:
AEM AT 2.00, OUR FINAL TARGET DONE.

Stay Update with us for – stock signals, Stock Tips, Intraday Trading Signals & Stock Market Prices and More . . . . . .

Current status of Singapore stock market

Here are a few stocks to watch this Tuesday morning in Singapore stock market:

Singapore Stock Markets Valuable share of the day

Expressway Life REIT’s (PLife REIT) administrator today posted an appropriation for every unit (DPU) of 3.28 pennies for the principal quarter finished March 31, up 9.6% from the 2.99 pennies announced a year back. Units of PLife REIT shut level at $2.53 on Monday.

The director of Frasers Centrepoint Trust (FCT) has pronounced a 2Q17 dispersion for each unit (DPU) of 3.04 pennies, unaltered from a year back. Net income for the quarter declined 2.9% on-year to $45.7 million $47.1 million in the earlier year. Units of FCT shut 4 pennies higher at $2.12 on Monday.

CapitaLand today declared a few key official arrangements from May 1that will bolster the following period of authority and business fabulousness in the gathering. Ronald Tay will be named the Chief Executive Officer of CapitaLand Singapore and a key administration workforce of CapitaLand Group. Shares of CapitaLand shut at $3.62.

The director of Cambridge Industrial Trust (CIT) has proclaimed a 1Q17 dissemination for every unit (DPU) of 1.004 penny, a 9.7% diminishing from 1.112 penny in the earlier year. Units of CIT shut level at 58 pennies on Monday.

The chief of Mapletree Industrial Trust (MIT) has reported a 2.5% y-o-y ascend in 4Q appropriation for each unit (DPU) to 2.88 pennies. This brings DPU for FY16/17 to 11.39 pennies, 2.2% higher than the earlier year’s DPU of 11.15 pennies. Units of MIT shut 0.3% lower at $1.80 on Monday.

Hutchison Port Holdings Trust (HPHT) saw its profit for the main quarter finished March 31 fall 69.9% to HK$166.9 million ($29.9 million) from HK$554.9 million in the earlier year. Units of HPHT shot 1.23% higher at 41 US pennies on Monday.

Singapore Medical Group has embraced an audit of its present and future acquisitions techniques. Shares of SMG shut 1 penny bring down at 60 pennies.

Nera Telecommunications (Neratel) has gotten contracts of roughly $7.15 million in total in connection with the supply, conveyance, establishment and upkeep of security application gear to a telecom administrator in the Philippines. Shares of Neratel shut 1 penny bring down at 39 pennies.

Global Share Markets

US stocks encouraged on Monday, following a help rally that cleared through Asian and European markets, after moderate hopeful and market most loved Emmanuel Macron won the first round of the French presidential race. The Dow Jones Industrial Average rose 216.13 focuses, or 1.05%, to 20,763.89, the S&P 500 increased 25.46 focuses, or 1.08%, to 2,374.15 and the Nasdaq Composite included 73.30 focuses, or 1.24%, to 5,983.82.

Singapore Stock Market

The Straits Times Index shut with a net pick up of only 4.2 focuses at 3,144.03. Turnover added up to 3.3 billion units worth $1.1 billion and barring warrants there were 220 ascents versus 247 falls.

More Profitable Singapore Stocks of the Day:

  • ISR CAPITAL
  • NET PACIFIC FIN
  • JADASON
  • AEM
  • CHASEN

Our recent Stock Recommendations:
SGX INTRADAY SIGNAL:
BUY AEM AT 1.85 TARGET 1.92, 1.99 SL 1.77
Update:
AEM AT 2.00, OUR FINAL TARGET DONE.

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What are some good stocks to invest right now in SGX Shares?

Here are a few Good stocks invest right now that could move the market this Monday morning:

Pools Medical Group posted moderately level 1Q income of $15.5 million, only 0.1% higher than a year back. Income for the 1Q17 finished March, fell 1.7% to $114.9 million. Shares of Raffles Medical shut 1 penny bring down at $1.42.

Nam Cheong, the OSV manufacturer has uncovered the degree of “different commitments” owed to monetary loan specialists and exchange banks that have fallen due and that it hopes to fall due. This incorporates current credits and borrowings of RM948.7 million ($300 million) and additionally RM278.5 million relating to medium term noticed that are expected for reimbursement this coming Aug 28. Shares of Nam Cheong shut level at 2 pennies on Friday.

GL Limited, previously known as GuocoLeisure, posted a 26% expansion in income to US$4.4 million ($6.1 million) for the quarter finished March 31. Income fell 8% to US$68.4 million in 3Q, from US$74.0 million a year prior. Shares of GL Limited shut a large portion of a penny brings down at 77.5 pennies.

The supervisor of CapitaLand Retail China Trust (CRCT) has declared circulation per unit (DPU) of 2.74 pennies for 1Q17, an expansion of 1.1% from DPU of 2.71 pennies a year back. Salary accessible for appropriation grew 5.0% to $24.4 million. Units of CapitaLand Retail China Trust shut 3.5 pennies higher at $1.52 on Friday.

Manufacturer and development organization Keong Hong Holdings is securing a 60% stake in Hansin Timber Specialist and Trading for a thought of $4.5 million. Shares of Keong Hong shut down at 50 pennies on Friday.

Delfi has gone into a joint wander concurrence with Japan’s Yuraku Confectionery Company to deliver, create, market and offer a scope of chocolate nibble items in Indonesia. Shares of Delfi shut 1 penny bring down at $2.31 on Friday.

Abdul Wahid container Abdul Ghani, previous director of ISR Capital, sold 20 million partakes in a wedded arrangement to a purchaser which the organization did not name. Wahid sold the shares on Wednesday at 0.6 penny each for $120,000. With this deal, he is left with a 9.33% stake in the organization. ISR shut on Friday at 0.7 penny, up 0.1 penny.

Shareholders of Healthway Medical Corporation voted to pass the two resolutions at the EGM on Friday. In the primary determination, 95.20% of aggregate votes bolstered the issuance of $60 million convertible notes to GW Active. In the second determination, 98.02% of aggregate votes upheld the procurement of Healthway Medical Enterprises which claims a chain of 24 general and authority facilities. Shares of HMC shut down at 4 pennies on Friday.

Global Share Markets

US stocks plunged on Friday as speculators were careful in front of the first round of the firmly challenged French presidential race, however, the S&P 500 figured out how to score its first week by week pick up in three. The Dow Jones Industrial Average fell 30.95 focuses, or 0.15%, to 20,547.76, the S&P 500 lost 7.15 focuses, or 0.30%, to 2,348.69 and the Nasdaq Composite dropped 6.26 focuses, or 0.11%, to 5,910.52.

Singapore Stock Market

On Friday, the Straits Times Index dealt with a moment continuous ascent after four straight misfortunes, increasing 1.95 focuses at 3,139.83. For the week, it lost 30 focuses or 0.9%. Turnover, be that as it may, added up to an unremarkable 2.2 billion units worth $1.09 billion and barring warrants, there were 279 ascents versus 167 falls.

More Valuable Singapore Stocks of the Day:

  • CITYNEON
  • DECLOUT
  • CHASEN
  • AEM
  • JAPFA

Our recent Stock Recommendations:
SGX SHARIAH SIGNAL:
BUY FEDERAL INT AT 0.435 TARGET 0.450, 0.465 SL 0.415
Update:
FEDERAL ONT AT 0.450, OUR 1st TARGET DONE. GIVEN ON 21-APR-17 FROM 0.435.

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