Excerpts from DBS report

Earnings watch
We think investors will fall back on corporate earnings as the 4Q results season unfolds amid developing market uncertainties.

COVID-19 beneficiaries such as supermarket player Sheng Siong and PPE manufacturers Riverstone and Medtecs should continue to post good earnings as borders remain close and virus resurgence in many countries continues to drive demand for PPEs.

iFast will ride on the strong growth in AUA, as well as earnings upside from the new eMPF project from Hong Kong.


DBS earningswatch2.21


Medtecs PPErange

Singapore’s stronger-than-expected December electronics exports growth of 13.7% y-o-y should underpin earnings expectation of technology stocks.

Names such as AEM should continue to ride on the strength of the semiconductor sector.

We look at China Aviation Oil (CAO) and HPH Trust to deliver earnings recovery.

CAO’s 2H20 earnings is poised for a strong rebound, led by key associate SPIA as traffic at Shanghai Pudong International Airport has bounced on firm domestic air travel.

Overall throughput has picked up firmly since June 2020 and HPH Trust is on track for a strong 2H20.

Container volumes at Yantian port rose by 27% y-o-y in October while Kwai-Tsing port also posted 3% growth.

Full report here. 


Share Prices

Counter NameLastChange
AEM Holdings4.1300.040
Avarga0.290-
Avi-Tech Electronics0.395-
China Sunsine0.5200.005
Food Empire0.815-0.010
Fortress Minerals0.4300.010
Geo Energy Res0.4100.005
Golden Energy0.4800.005
GSS Energy0.079-0.001
InnoTek0.785-0.010
ISDN Holdings0.6600.020
ISOTeam0.119-
IX Biopharma0.235-
Jiutian Chemical0.089-0.002
KSH Holdings0.3600.005
Leader Env0.0830.009
Medtecs Intl0.385-
Moya Asia0.0670.001
Nordic Group0.360-0.005
Oxley Holdings0.205-0.005
REX International0.3500.025
Riverstone0.895-0.005
Sinostar PEC0.3500.030
Southern Alliance Mining0.8050.005
Sri Trang Agro1.4200.030
Straco Corp.0.515-0.025
Sunpower Group0.6100.005
The Trendlines0.101-0.002
Totm Technologies0.205-
UG Healthcare0.3500.010
Uni-Asia Group1.330-0.020
Wilmar Intl4.4200.040
Yangzijiang Shipbldg1.400-0.010

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