Image result for buy sell


Aviation – Singapore Forward Capacity Growth Suggests Lacklustre Prospects For SATS And SIAEC

In Nov 16, pax throughput rose by only 3% yoy despite a 14% rise in Chinese pax throughput. Meanwhile, forward capacity until Jun 17 indicates just 4% growth - half of 1H16’s pax throughput growth. This could have negative implications for SATS and SIAEC. Maintain SELL on SIAEC and suggest investors top-slice their holdings on SATS and await better entry levels. Maintain MARKET WEIGHT.


 We analyse Changi Airport’s latest pax throughput, the competitive landscape and the impact on SIA, SATS and SIA Engineering.


Read More ...

Sembcorp Industries: Well-positioned to grow

As a leading developer, owner and operator of energy and water assets with strong operational, management and technical capabilities, Sembcorp Industries has grown its operations to 14 countries and looks set to cement its presence in Asia. Though its marine segment is facing headwinds, the longer term outlook for the utilities segment remains positive, and the group is well-positioned to seize emerging market opportunities in its utilities segment. Nearer to home, we will monitor the liberalisation of the retail electricity market, though it is likely that greater impact would be felt by the top 3 gencos (which SCI is not part of). We have updated our SOTP valuation to incorporate our higher FV for the marine division, as well as tweaked our estimates for the utilities segment. As such, our FV for SCI rises to S$3.36. Maintain BUY.


mm2 Asia (MM2 SP) : BUY

New Group CEO appointed to boost management team

 New Group CEO Mr Chang Long Jong is a veteran in the media industry

 Mr Melvin Ang to focus on North Asia, a key growth area for mm2 Asia

 Reiterate BUY call with TP of S$0.56


Read More ...


LionelLim8.16Check out our compilation of Target Prices

Share Prices

Counter NameLastChange
AEM Holdings6.620-0.400
Alliance Mineral0.370-0.010
Avi-Tech Electronics0.495-0.010
Best World Int.1.700-0.070
China Sunsine1.380-0.070
DISA Limited0.0090.001
Dutech Holdings0.250-0.010
Federal Int. (2000)0.385-
Food Empire0.660-0.015
Geo Energy0.220-0.005
Golden Energy0.375-0.005
GSS Energy0.167-0.004
Heeton Holdings0.565-0.005
KSH Holdings0.670-0.020
Lian Beng Group0.655-0.005
Nordic Group0.560-0.015
Oxley Holdings0.515-0.010
REX International0.049-0.002
Serial System0.172-
Sing Holdings0.425-0.005
Sino Grandness0.198-0.002
Straco Corp.0.765-0.010
Sunningdale Tech1.870-0.060
Sunpower Group0.545-0.035
The Trendlines0.125-0.002
Tiong Seng0.3950.005
Trek 2000 Int.0.245-0.015
Uni-Asia Group1.410-
XMH Holdings0.255-0.005
Yangzijiang Shipbldg1.220-0.050

NextInsight RSS

rss_2 NextInsight - Latest News

Online Now

We have 935 guests and no members online