Oxley-Towers-KLCC

Debt-Laden Oxley Holdings Seeing Lower Returns

With an order book value of $3.3 billion, of which, about 52 percent or $1.7 billion were attributed to Singapore projects, homegrown Oxley Holdings (Oxley) has achieved greater heights growth via debt-induced growth.
SH_EarlyBirdEnd_250219_E

Early Bird Promotion Ends In 3 Days!

Our extended early bird promo for SIC2019 will end in a week's time. With effect from 4 March 2019, pricing will be raised to $88 per ticket for solo purchase. Grab a buddy to purchase two tickets at $160 ($80 per pax). Do note that Walk-in purchase will cost $108! So do remember to secure tickets before the event!
datascience

Extreme Volatility For Procurri Corporation

In January 2019, Procurri Corporation (Procurri) had announced that a potential party was conducting due diligence on the Company’s financials and operations to consider a possible transaction. The stock price has been on the tear as it rose from the closing price of $0.27 on 7 January to a high of $0.315 when it disclosed on 3 February that it had received a non-binding letter of intent (LOI) from an offshore fund management firm known as New State Capital Partners (New State), for the proposed acquisition of all the shares of the Company, apart from treasury shares and shares held by substantial shareholder Irrucorp, via a scheme of arrangement...
singpost

Singapore Post – Improved Profitability, But E-commerce Still A Drag

Singapore Post (SingPost) reported a 7.6 percent year-on-year rise in total revenue to $441.4 million for 3Q19. Total net profit attributable to shareholders rose 15.6 percent to $50.2 million, mainly due to an exceptional item of $31.8 million relating to the gain on dilution of interest in 4PX, an associated company.
work Trouble

Y Ventures Accounting Woes – Have They Dented Market Confidence?

Y Ventures debut with a hot IPO on the Catalist Board in early July 2017 with 35 million placement shares at $0.22 each. The stock opened on July 11, 2017 at S$0.27, and closed the day at $0.255. Fast forward to today, and post earnings restatement, the stock currently trades at $0.080 as of 8 February 2019. What happened to the stock and are there any red flags?
japanese cuisine

Sakae and Japan Foods : Which Fares Better?

Japanese cuisine is quickly gaining popularity amongst Singaporeans. We examine how Singapore-listed players like Sakae Holdings and Japan Foods Holdings fare as they compete with each other a piece of the pie among Japanese food lovers in Singapore.
chan

Don’t Miss Out! Opportunities Laying In Plain Sight!

Warren Buffett once quipped that "uncertainty is the friend of the buyer of long-term values". What implications do shifting geopolitics have on stocks' fundamentals? What uncertainties should long-term investors endure? What opportunities lay in plain sight?!
challenger

How Challenger Technologies Stand Out Amidst Retail Competition?

With Courts Asia’s recent proposed takeover offer from the listed Japanese electronics retailer, Nojima on 18 January 2019, market attention has turned to other electronics retailers (both non-public and public-listed) to understand if market consolidation has now set upon these electronics retailers. Are privatisations or deep restructuring plans needed to ensure the continued sustainability among the various players in the electronics retailing industry?
Tuaspring

Hyflux – Liquidation Or Remain In Business

As a cumulative preference shareholder of the beleaguered Hyflux, I have the privilege to attend the second town hall meeting organised jointly by the Securities Investors Association Singapore (SIAS) and Hyflux on the evening of 18 January 2019. Here is a brief synopsis of the proceedings during the meeting.