Like many of the other new listings, HISAKA Holdings (HISAKA) has been an unfortunate victim of the gloomy sentiment currently surrounding the local bourse.
A year has flown by since Catalist-listed Travelite Holdings (Travelite) made its debut on the Singapore Exchange. During this period, investors and analysts who had their radar locked on the company were few and far between, as evident by its slim trading volume.
Mainboard-listed Tat Hong Holdings (Tat Hong), one of the world’s largest crane company announced its FY08 results ended 31 March 2008. Tat Hong is principally engaged in 4 core activities – rental of cranes, rental of general equipment, sale of cranes and other heavy equipment.
If history is a good guide, then the leading steel stockist in Singapore and Southeast Asia can certainly be counted on to deliver the goods. Listed in 2002, HG has reported 5 straight years of commendable growth.
Cost of a barrel of oil has breached the US$120 mark and analysts are expecting oil prices to reach US$200 by the end of the year. This would further increase the prices of commodities such as wheat and rice, as farmers need oil to process their harvests.
Since making its way onto the Singapore Exchange in November 2005 at $0.30 per share, Pacific Healthcare has been raking in respectable earnings year after year. Nonetheless, the company’s bottom-line growth is far from being spectacular.
Following a renewal of interest in S-shares, it might be valuable to look at Beauty China (BC), which has been unfairly beaten down to a mere 10.8x FY07 earnings.
Recently, several companies have changed their names or bought over new businesses to change their overall business strategy. Shares Investment (Singapore) would like to discuss about Tri-M Technologies’ (Tri-M) meteoric rise as its share price rose over 700% in the past month.
Trading at $0.69, Babcock and Brown Structured Finance Fund (BB) is currently 34.9% down from its initial public offering (IPO) price and $0.10 below its net asset value (NAV).
China Sunsine Chemical Holdings (CSH) was recently selected by Forbes China to be amongst the ‘Best 200 Companies under Rmb1b in 2008′. CSH made it to the list primarily based on its strong earnings record.