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STOCKS TO WATCH |
HERE ARE SOME events that may give stock prices a boost. To learn more about the events, click on the names of the companies.
Some of these companies are excellent or promising businesses, others may be so-so. And some of the re-rating events may prove to be nearly earth-shaking for the stock in question, others may cause a whimper only.
If you know of other such events, please post in the Comments section below and we will consider adding them to the table in our next update (perhaps a fortnight from now). Thank you!
| Company | Event | When |
1. Sino Grandness |
HK regulator approval of IPO application of Garden Fresh? 12-14 cent special dividend to be declared by Sino Grandness? | April-June 2016? |
| 2. Geo Energy Resources | Profitability in 1Q with new coal mine, marking a turnaround in the business? | 1Q results in May 2016. |
| 3. Dutech | Interim dividend declaration with 1Q2016 results (as happened in the past)? | May 2016 |
4. Straco Corp |
Opening of Shanghai Disney Resort. Will a rise in visitors to Shanghai lead to a rise in visitorship to Straco's Shanghai Ocean Aquarium? | June 16 onwards |
| 5. Resources Prima | Award of permit to mine second concession in Indonesia | 1H2016? |
| 6. Trendlines Group | M&A action of 3 start-ups that have engaged investment bankers. | ? |
| 7. HTL International | Approvals by 2 more Chinese authorities for Yihua Timber to mount a takeover of HTL. (One authority has just given the go-ahead). | 1H2016? |
| 8. DeClout | EGM for the approval of IPO of subsidiary Procurri on mainboard of SGX. DBS Bank has already been appointed as the sponsor. | 28 April |
| 9. China Minzhong | Takeover of company by Minzhong chairman? He has paid S$40 m in earnest money to PT Indofood for its stake. | ? |
| 10. Innovalues | M&A action? Company has appointed an adviser to review "strategic options". | ? |
| 11. Tat Hong | Company "has been approached in connection with a potential transaction". | ? |
| 12. Kingboard Copper Foil |
Court hearing on the principles for valuing shares of company in a court-directed buyout by majority shareholders. | 21 April |
| 13. Q&M Dental | Spin-off of two Chinese subsidiaries | ? |
14. Best World International |
Award of direct-selling licence in China. | ? |
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