As Brilliant Time Limited (BTL) had became the Group’s 80% owned subsidiary with effect from 19 January 2008, 1Q08 revenue growth surged 151.6% yoy to HK$19.72m due to line by line consolidation of BTL’s revenue.
Of course, Euro 2008 was conveniently blamed for the predicament of the stock market just like every four years ago when the market would be flushed with talk that the European Championship and the World Cup would coincide with a falling market.
Chip Eng Seng Contractors (1988), a wholly owned subsidiary of Mainboard-listed Chip Eng Seng Corporation has been awarded a contract worth $123.5m by the Housing and Development Board (HDB) for the construction of 5 blocks of residential building.
Like many of the other new listings, HISAKA Holdings (HISAKA) has been an unfortunate victim of the gloomy sentiment currently surrounding the local bourse.
For soccer aficionados who turned their attention from the stock markets to the live telecasts of Euro 2008 during the wee hours, it might actually be a blessing in disguise.
In the first 9 months of FY07, CW registered revenue of HK$867.7m, up from HK$695.1m previously, and a net profit of HK$64.7m, up from HK$29.6m previously.
If you are a serious investor, then there should be a proper and methodical approach. What is the aim? Are we investing for retirement funds? We should all understand that fundamentally good stocks will give us good returns over a long period of time.
Finance ministers from the Group of Eight leading nations spent two days in Osaka and all they could come up with is a statement that rising fuel and commodity prices could hurt global economic growth.
Since our 22 May downgrade of the dry bulk shipping sector, share prices have sunk by 30% for STX Pan Ocean, reflecting leverage to a 14% decline in the Baltic Dry Index (BDI).
In the previous issue, Shares Investment (Singapore) has discussed the concepts of Return On Equity and Return On Assets. This issue, we shall introduce another 3 important financial ratios, namely Earnings Per Share (EPS), Net Asset Value (NAV) and Price-To-Earnings (P/E) Ratio.
