Shortly over the first quarter in 2019, we have seen major stock indices growing generally by about 10 to 15 percent worldwide. Some strong growth indices in Asia like Hong Kong and China have climbed into the region of average 20 percent gains. By April 2019, Singapore FTSE STI has gained about 10 percent; U.K. FTSE 100 has climbed 11 percent; Dow Jones benchmark has risen 14 percent. Apart from this, the outstanding performance goes to Hang Seng Index which has ascended 18 percent, only to be eclipsed by Shanghai Composite Index’s 28 percent growth.
We believe that Best World is a fraud and that its Chinese sales are a fraction of what was reported to shareholders.
Last year in September, Delong Holdings’ Chief Executive Officer and Executive Chairman Mr. Ding Liguo launched a privatisation bid for the mainboard-listed Chinese steel maker in a voluntary conditional cash offer of $7.00 per share.
Nico Steel Holdings (Nico Steel), a SGX Mainboard-listed entity since 2009, specialising in production of ferrous and non-ferrous metal alloys, recently announced its earnings guidance for FY19. It expects to record a significant increase in profits as compared to the previous year. This comes after a set of good profit performance during 1H19 as compared to the same period last year.
In an article by Bloomberg, a less than sanguine picture was painted after the FTSE Bursa Malaysia KLCI Index is down 13.5 percent from its high of 1,887 in April 2018. Despite global equities rising amid a pot...
As 1Q19 ended, it is also a good time to look back at the share price performance of some of the local-listed counters we have looked at on Shares Investment (SI).
Last week, Challenger Technologies received an acquisition offer of S$0.56 per share for the entire share capital from Digileap Capital, a partnership between the founding family Loo family and Dymon Asia Private Equity.
Over the past two weeks, several local-listed semiconductor stocks including Hi-P International, UMS Holdings, and AEM Holdings staged rebounds in their stock prices. Does that mean that a recovery in the semiconductor sector is in sight?
Listed on the SGX Mainboard after upgrading its listing status from Catalist in 2013, Goodland Group (Goodland) is a property developer that is flying under the radar as many investors have yet to take notice. The company is currently not being covered by many research houses, and its stock price is trading around $0.22 as at the close of 8 March 2019. After delving further into the company, we find that Goodland has the potential to thrive in a subdued property market in Singapore.
In hope that retail investors can succeed on their own, stock guru Dr. Chan Yan Chong will be conducting a Masterclass this April to impart willing disciples his knowledge and wisdom that he has accumulated in his lifetime. Register now for SI Masterclass 2019! Limited seats only! Grab your seats today!