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 Holdings3.560-0.070
Avarga0.320-0.005
Avi-Tech Electronics0.400-
BH Global0.320-
China Sunsine0.5400.005
Food Empire0.8900.010
Fortress Minerals0.5700.025
Golden Energy0.153-0.004
GSS Energy0.060-
InnoTek0.9500.005
ISDN Holdings0.6400.005
ISOTeam0.135-
IX Biopharma0.240-0.005
KSH Holdings0.365-
Leader Env0.130-0.010
Medtecs Intl1.040-0.030
Moya Asia0.068-
Nordic Group0.245-0.010
Oxley Holdings0.245-
Procurri0.335-
REX International0.1800.001
Riverstone1.340-0.030
Roxy-Pacific0.355-0.005
Southern Alliance Mining0.9650.005
Sri Trang Agro2.030-0.060
Straco Corp.0.555-
Sunpower Group0.8950.020
The Trendlines0.104-0.001
UG Healthcare0.660-0.040
Uni-Asia Group0.665-
Wilmar Intl4.980-
Yangzijiang Shipbldg1.5200.060
Yinda Infocomm0.1490.001

NextInsight RSS

rss_2 NextInsight - Latest News

Online Now

We have 481 guests and no members online