At the time of writing, Silverlake Axis (SAL)’s share price is down 31 percent from its peak of $0.58 and changing hands at $0.40 which is just a hair’s breadth away from its 52-week low of $0.39. Despite a challenging 2018, especially on the technology and property related fronts, SAL delivered another strong quarter in the latest earnings release. We shall take a closer look to find out if the company could sustain its performances in the coming quarters.
Mainboard-listed China Sunsine Chemical Holdings (China Sunsine) is a China-based specialty rubber chemicals manufacturer that sells rubber accelerators, insoluble sulphur, anti-oxidant and other vulcanising agent to tire manufacturers.
Despite the persistent worries about a slowing global economy and a trade spat between Washington and Beijing, the US Federal Reserve concluded its final policy meeting of 2018 by raising the key interest rate and signalling to two more interest rate hikes in 2019, dashing investors’ hopes for a more dovish outlook.
Integrated electronic manufacturing services (EMS) provider Valuetronics Holdings’ (Valuetronics) share price fell roughly 37.2 percent from its peak of $1.09, which it touched in late-March this year. Its share price has been battered in recent months as investors are cautious about the impact of the on-going US-China trade war.
Over the fortnight, US stocks erased losses from the earlier sell-off fuelled by concerns about the economy and the ongoing US-China trade war following Federal Reserve Chairman Jerome Powell’s public remarks on 28 November 2018.
Boasting a year-to-date gain of 38.6 percent (based on 12 November 2018’s closing price of $0.70), Japfa’s shares have significantly outperformed the benchmark Straits Times Index and its sector FTSE Straits Times Consumer Goods Index. The broader market is down 9.8 percent while the sector plunged 17.7 percent over the same period.
Catalist-listed Jubilee Industries Holdings (Jubilee), a provider of electronics components and plastic injection moulds, reported revenue of $88.4 million for 1H19, a marginal growth of 1.1 percent from $88.4 million in 1H18.
ainboard-listed CSE Global is a global technologies company that offers cost-effective, total integrated solutions to various sectors such as oil and gas (O&G), infrastructure as well as mining and mineral in US, Asia Pacific, Europe, Middle East and Africa. Since 2014, the global O&G industry downturn and the end of mining boom in Australia had affected CSE Global’s business and the share price has slumped by approximately 40 percent. With the current steady rise of crude oil price, is the beaten-down share price an opportune entry point for investors?
If you are a foodie, you must know that the best reason to visit Singapore is for the glorious selection of food here. One of the excellent ways to sample Singapore’s food is at hawker centres or food courts. Food courts in Singapore serve up a wealth of cuisines, with each store specializing in certain dishes. Be it local delights to international cuisines like Western, Thai, Japanese and Korean, you can find all your favourite dishes in one common dining space at an affordable price.
Malaysia-based automotive company MeGroup has priced its initial public offering (IPO) at $0.23 per share ahead of its debut on the Singapore Exchange’s Catalist board.