SGX Stock Market

25Jun
sgx-asx

Financial Sgx Singapore Stock Market Trading Picks And News – 25 June 2014

MARKET UPDATES :

  • The Minister for Finance has appointed Gerard Ee, President of the Institute of Singapore Chartered Accountants, as a member of the Singapore Accountancy Commission (SAC) Board. The former chairman of the Public Transport Council will serve from June 20, 2014 to March 31, 2015.
  • ARMARDA Group Limited assured the market on Tuesday that it can continue as a going concern. The assurance comes in the wake of an emphasis of matter issued by its independent auditor, Crowe Horwath First Trust LLP, for the fiscal year ended March 31, 2014.
  • MANY brands still rely heavily on traditional media platforms for marketing and branding, a new study revealed on Tuesday. According to Haymarket Media’s Campaign Asia-Pacific and Nielsen, penetration of television and print advertising platforms remains high, at more than 70 per cent.
  • YOMA Strategic Holdings on Tuesday said it has received a written notice from Myanmar’s Serge Pun & Associates offering the right to acquire the economic benefit of 70 per cent of the land in Pun.

STOCK RECOMMENDATION :

  • BUY KEPPAL CORORATION ABOVE 10.750 TG 10.900,11.000 SL 10.630

Fore more information about SGX stock market please feel free to visit EPIC RESEARCH PRIVATE LIMITED.

 

24Jun
SGX

Financial Sgx Singapore Stock Market Trading Picks And News – 24 June 2014

MARKET UPDATES :

  • OFFSHORE marine player NAM Cheong on Monday said it has sold two accommodation work barges worth about US$84 million (S$105 million) to repeat customer Perdana Petroleum Berhad.
  • CONSUMER price inflation in Singapore picked up a little more than expected to 2.7 per cent in May. The median forecast of 21 economists polled by Bloomberg before the Department of Statistics released the data on Monday was for a 2.6 per cent year-on-year rise in the consumer price index (CPI).
  • The Monetary Authority of Singapore (MAS) and the Ministry of Trade and Industry (MTI) said in joint comments that the rise was “due to base effects associated with the fluctuations in COE premiums”
  • Singapore real estate company Frasers Centrepoint Ltd (FCL), backed by Thai billionaire Charoen Sirivadhanabhakdi, plans to raise S$365 million (US$292 million) by listing its hospitality real estate investment trust (Reit) in Singapore, IFR reported.

STOCK RECOMMENDATION :

  • BUY JARDINE CYCLE ABOVE 44.000 TG 44.300, 44.700, 45.200 SL 43.700

Fore more information about SGX stock market please feel free to visit EPIC RESEARCH PRIVATE LIMITED.

20Jun
SGX

Financial Sgx Singapore Stock Market Trading Picks And News – 20th June 2014

MARKET UPDATES :

  • Singapore’s annual consumer inflation rate probably accelerated to a six-month high in May, a Reuters poll showed on Thursday, due partly to higher transport costs and a low base in a year earlier. The median forecast of 10 economists in a Reuters poll forecast the consumer price index (CPI) in May rose 2.6 per cent from a year earlier, matching a pace last seen in November and accelerating from a 2.5 per cent increase in April.
  • SINGAPORE Post Limited (SingPost) said on Thursday that it has won the 15th World Mail Award 2014 for e- commerce.The postal service provider, which has been in the limelight since China’s biggest e-commerce company, Alibaba, agreed to buy a 10 per cent stake in the company, said it beat rivals Deutsche Post and Cycleon to emerge winner in the e-commerce category for its low cost e-commerce delivery model.
  • ASIATRAVEL.COM Holdings Ltd reiterated on Thursday that the company is in “varying stages of discussions with several potential parties to explore different opportunities for strategic collaboration and/or mergers and acquisitions”.

STOCK RECOMMENDATION :

  • BUY NOBLE GROUP ABOVE 1.400 TG 1.430, 1.460, 1.500 SL 1.350

Fore more information about SGX stock market please feel free to visit EPIC RESEARCH PRIVATE LIMITED.

19Jun
SGX2

Financial Sgx Singapore Stock Market Trading Picks And News – 19th June 2014

MARKET UPDATES :

  • LOSS-MAKING airline Tigerair Mandala will cease operating from July 1, its board announced on Wednesday.Tiger Airways has a 35.8 per cent stake in the bleeding Indonesia-based carrier; Saratoga Group and PT Cardig International are the other key shareholders.
  • PASSENGER car COE (certificate of entitlement) premiums continued to slide for a second tender, but there appears to be different reasons for the softness in Categories A and B.Cat A – for cars below 1,600cc and 130 hp – fell $1,301 to $61,899, while Cat B – for cars above 1,600cc or 130 hp – slipped $1,604 to $65,700.
  • THE Ministry of Law said on Wednesday it has formed an advisory committee on money-lending to review its regulatory regime. The committee will look into a cap on interest rates for money-lending loans, restrictions on the charging of fees by money-lenders; and a cap on the total amount of such loans taken out by each borrower.
  • THE Agency for Science, Technology and Research (A*STAR) and the Singapore Management University (SMU) will establish a centre, tapping on high performance computing technology, big data analytics and behavioural sciences, to study the human behaviour.

STOCK RECOMMENDATION :

  • BUY JARDINE CYCLE ABOVE 44.000 TG 44.300, 44.600, 45.000 SL 43.700,

Fore more information about SGX stock market please feel free to visit EPIC RESEARCH PRIVATE LIMITED.

18Jun
SGX

Financial Sgx Singapore Stock Market Trading Picks And News – 18th June 2014

MARKET UPDATES :

  • DBS/POSB ATMs and online banking services were affected by a “connectivity issue” earlier on Monday, which had affected customers trying to withdraw cash and use their NETs cards. In response to queries from The Business Times, a DBS spokesperson confirmed that “all services were fully restored at about 3pm” on Monday.
  • SINGAPORE Airlines’ earnings are the least exposed to rising jet fuel prices as tensions in Iraq escalates, HSBC Global Research said in a report on Tuesday.
  • ALMOST half of employees in Singapore do not think they have the perfect job, according to results from the second quarter Randstad Workmonitor survey released on Tuesday.
  • The survey showed 75 per cent viewed their job only as a way to make a living and nothing more.
  • IN JUST over a year from conceptualisation, Singapore is finally putting into real action its vision to become the world’s first Smart Nation to use technology to enhance transport, healthcare and other public services.

STOCK RECOMMENDATION :

  • SELL JARDINE CYCLE BELOW 43.700 TG 43.400, 43.000, 42.600 SL 44.000

Fore more information about SGX stock market please feel free to visit EPIC RESEARCH PRIVATE LIMITED.

17Jun
sgx-asx

Financial Sgx Singapore Stock Market Trading Picks And News – 17th June 2014

MARKET UPDATES :

  • NOTEBOOK-CASING producer Huan Hsin Holdings is planning to dispose of 30 per cent of the capital of Li Sheng Electronic (Kunshan) (LSE) for US$3.5 million (S$4.38 million) in cash.
  • SINGAPORE Airlines (SIA) recorded a 0.3 percentage point improvement in its passenger load factor (PLF), bringing it to 74.9 per cent in May.
  • The increase in passenger carriage outpaced capacity injection during the month. Passenger carriage, measured in revenue passenger kilometres, increased 2.5 per cent year-on-year; capacity, measured in available seat kilometres, was up 2 per cent.
  • DBS/POSB ATMs and online banking services were affected by a “connectivity issue” earlier on Monday, which had affected customers trying to withdraw cash and use their NETs cards.In response to queries from The Business Times, a DBS spokesperson confirmed that “all services were fully restored at about 3pm” on Monday.

STOCK RECOMMENDATION :

  • BUY COMFORTDELGRO LTD ABOVE 2.500 TG 2.540, 2.580, 2.640 SL 2.440

Fore more information about SGX stock market please feel free to visit EPIC RESEARCH PRIVATE LIMITED.

13Jun
SGX

Financial Sgx Singapore Stock Market Trading Picks And News – 13th June 2014

MARKET UPDATES :

  • CHANGI Airport Group (CAG) is rolling out a S$100 million Growth and Assistance Incentive (GAIN) programme, to be used to fund initiatives aimed at lowering costs for airlines, boosting passenger traffic and improving operational efficiency. This comes amid intensifying competition in the region and as the airport seeks to maintain its edge over rivals.
  • SHARES in semiconductor firm STATS ChipPAC fell by as much as 15 per cent on Thursday after it said that its discussions with a third party interested in taking over the company had been discontinued.Its share price fell to as low as 55.5 cents from the opening price of 65 cents.
  • THE Urban Redevelopment Authority (URA) will be doing more to encourage skyrise greenery in Singapore, said Minister of National Development, Khaw Boon Wan, in his latest blog post.
  • THE China subsidiaries of Hong Kong and and Singapore banks are facing low returns, due to strict regulatory restrictions and ongoing investment spend

STOCK RECOMMENDATION :

  • BUY WILMAR INTERNATIONAL ABOVE 3.230 TG 3.270, 3.310, 3.370 SL 3.160

Fore more information about SGX stock market please feel free to visit EPIC RESEARCH PRIVATE LIMITED.

12Jun
SGX2

Financial Sgx Singapore Stock Market Trading Picks And News – 12th June 2014

MARKET UPDATES :

  • SINGAPORE’S economic forecasters have lowered their 2014 inflation projections from a quarter ago even as they kept growth forecasts intact, a recent survey by the Monetary Authority of Singapore found. The median inflation forecast of the 23 economy watchers who responded to the central bank’s poll in late May fell to 2.2 per cent, from 2.8 per cent in the March edition of the survey.
  • SINGAPORE Telecommunications (SingTel)’s wholly- owned unit, Amobee, on Wednesday morning said it will be acquiring cross-channel digital advertising group Adconion and data analytics firm Kontera for over US$350 million, to build a one-stop digital advertising platform.
  • CONSTRUCTION group and property developer Tiong Seng on Wednesday signed a joint-venture (JV) agreement with two listed Japanese companies to manufacture and supply precast tunnel segments to the Singapore and Malaysia markets.

STOCK RECOMMENDATION :

  • BUY ORIENTAL CHINESE BANKING ABOVE 9.800 TG 9.900, 10.000, 10.120 SL 9.700

Fore more information about SGX stock market please feel free to visit EPIC RESEARCH PRIVATE LIMITED.

11Jun
SGX

Financial Sgx Singapore Stock Market Trading Picks And News – 11th June 2014

MARKET UPDATES :

  • SINGAPORE’S YCH Group – Asia Pacific’s leading integrated logistics and end-to-end supply chain solutions partner – signed a Memorandum of Understanding (MOU) on Tuesday with China’s state-owned steel manufacturer, the Qingdao Iron & Steel Group Co Ltd, to jointly develop a state-of- the-art, 13.3-hectares supply chain facility in Qingdao’s Li Cang district.
  • SINGAPORE Airlines (SIA), will use the jumbo-sized Airbus A380 jet for flights to Beijing from Aug 1.The double-decker, 471-seat jet will replace two flights, which are now run using smaller aircraft. Beijing Capital International Airport will be served thrice daily. From August, the A380 will be deployed on SQ802, which departs from Singapore at 8.30am; the return flight SQ807 will leave Beijing at 4.35pm
  • PROPERTY developer SingHaiyi Group on Tuesday said it has on Monday established a S$500 million multicurrency debt issuance programme. Under the programme, SingHaiyi may, from time to time, issue in series or tranches,

STOCK RECOMMENDATION :

  • BUY STARHUB ABOVE 4.310 TG 4.360, 4.420, 4.500 SL 4.250

Fore more information about SGX stock market please feel free to visit EPIC RESEARCH PRIVATE LIMITED.

10Jun
sgx-asx

Financial Sgx Singapore Stock Market Trading Picks And News – 10th June 2014

MARKET UPDATES :

  • THE China-related risks of Asia-Pacific banks continue to grow, said Fitch Ratings APAC banks had accumulated about US$1.2 trillion of China-related exposure as at end-2013, the rating agency said on Monday. Hong Kong accounts for the bulk (US$798 billion), with 34 per cent of system assets, followed by Macau (20 per cent), Singapore (12 per cent) and Taiwan (7 per cent).
  • RESALE transactions of non-landed private homes fell 7.5 per cent month-on-month in May to an estimated 421, while resale prices continued to inch down by 0.3 per cent to stay at a 17-month low. On a year-on-year basis, resale volume fell 42.6 per cent drop (from 734 units resold in May 2013), flash figures released by the Singapore Real Estate Exchange (SRX) on Monday showed.
  • VARD Holdings has shown a strong order pace with up to four contracts won in a week, but research firm OSK DMG has cautioned investors that orders tends to be “lumpy” and that near-term earnings are not expected to outperform.

STOCK RECOMMENDATION :

  • BUY OLAM INTERNATIONAL ABOVE 2.500 TG 2.550, 2.600, 2.660 SL 2.430

Fore more information about SGX stock market please feel free to visit EPIC RESEARCH PRIVATE LIMITED.

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