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 Holdings3.980-0.070
Avarga0.305-
Avi-Tech Electronics0.405-
BH Global0.295-
China Sunsine0.495-
Food Empire0.850-
Fortress Minerals0.620-0.020
Golden Energy0.380-0.005
GSS Energy0.0670.001
InnoTek0.860-0.025
ISDN Holdings0.710-0.015
ISOTeam0.123-0.011
IX Biopharma0.230-
KSH Holdings0.365-0.005
Leader Env0.0780.004
Medtecs Intl0.800-0.010
Moya Asia0.0680.001
Nordic Group0.310-0.005
Oxley Holdings0.2250.005
Procurri0.330-
REX International0.205-
Riverstone1.240-0.040
Roxy-Pacific0.395-
Southern Alliance Mining1.0000.010
Sri Trang Agro1.560-
Straco Corp.0.520-0.010
Sunpower Group0.665-0.015
The Trendlines0.1030.001
UG Healthcare0.560-0.015
Uni-Asia Group0.950-0.015
Wilmar Intl4.410-0.050
Yangzijiang Shipbldg1.3900.010
Yinda Infocomm0.2350.005

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