Astaka’s reported zero revenue and gross profit in FY16 as its accounting policy then only allowed for revenue recognition on the completion of the project.
In part two of this two-part series, we single out the performance of DBS, UOB, CapitaLand, Sembcorp Industries and UOL to review how they did in the recent quarterly earnings call.
As the stocks on UOB Kay Hian (UOBKH) Research’s watch list outperformed both the market consensus and 1Q’s performance, they raised their market earnings-per-share growth and the Straits Times Index (STI) forecast for 2017.
Before you jump on board this IPO, you may want to think twice and read the three things Small Cap Asia doesn’t like about this company.
In the previous article, we highlighted three stocks that DBS Research recommends as alpha picks for 2H17. In this article, we look at three more stocks that are poised to give investors alpha returns in 2H17.
The Hong Kong Legislative Council had been debating the issue on the 15% property stamp duty imposed on non-first time buyers.
We zoom in to the first three stocks that DBS Research accentuates as their preferred alpha picks for 2H17 under the “Betting On Alpha” investment theme.
DBS Research analysts see “strong catalysts” that will drive up share value of CapitaLand Limited (CAPL) (SGX: C31) with a new target price that has been increased upwards to $4.33. Here’s a peek into the analyst’s minds to discover why they are confident of CAPL’s growth.
Following successive periods of decline in core profit growth, the Straits Times Index (STI) managed to recover back to an inflexion point in the recent quarter. Moving forward, MBKE Research is positive on the 12-month outlook for STI with the belief that valuations could see a further upgrade.
In our previous article, we looked at three market leaders to accumulate. Here are three property/REIT stocks mentioned by UOB Kay Hian Research (UOBKH), CIMB Research and DBS Research.