Singapore’s land size has grown by approximately 22 percent since its British colonial times, all made possible with land reclamation. The process, which usually involves filling up areas of wetlands or sea with a mixture of sand, cement and other materials to create new land, actually falls under the civil engineering segment of the broader construction industry.
Courts Asia’s (Courts) 1Q17 net profit growth (up 56%) was among the highest in our consumer coverage and was its highest quarterly net profit in over 3 years. However, its current valuations of 7.8 times CY17 P/E seem to suggest the market has yet to price in a recovery.
Remember the first time you walked into a room that automatically lights up? While rare in the past, many buildings are now equipped with smart lighting systems, which uses sensors to detect and control lighting to achieve energy efficiency.
Glove maker with its own global distribution network, UG Healthcare (UG) recently announced its results for the financial year ended 30 June 2016 (FY16), which saw net profit surge 72.3 percent to $5.5 million, underpinned by additional production capacity and the absence of initial public offering expenses (IPO).
Market value of a stock is simply the price we see the shares transacting at. Intrinsic value, on the other hand, is usually hidden and harder to determine, and is what value investors out there are trying to find.
Singapore Telecommunications (Singtel) has proposed to acquire from parent Temasek Holdings a 21% stake in InTouch Holdings and a 7.4% stake in Bharti Telecom for $2,470m. InTouch owns 40.5% of Advanced Info Service (AIS), 41.1% of Thaicom and other smaller businesses in Thailand, while Bharti Telecom holds a 45.1% stake in Bharti Airtel.
The broad Malaysian stock market has posted a flat year-to-date performance, with the benchmark Kuala Lumpur Composite Index inching up only 0.1 percent as of 17 August’s close.
Lippo Malls Indonesian Retail Trust’s (LMRT) 2Q16 revenue increased 11% to $46.8m (US$34.7m), boosted by contributions from new acquisitions.
While some new initial public offerings (IPO) get a lot of positive interests from investors and see their share price surging quickly, some others have seen their share price languish in a corner.
When it comes to the selection of dividend stocks, the size of the companies does not matter that much. Characteristics that investors should look out for are strong cash flows, a consistent history of dividend...