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Equities; investment analysis

Research report on SIA Engineering Company

SGX stocks

On 3rd February 2017, SIA Engineering Company announced 3Q results for 2016/17. It wasn’t exactly an impressive set of results but the data certainly reveals some interesting aspects of the company’s performance against the backdrop of a challenging operating environment for the maintenance, repair and overhaul (MRO) sector. This will be another research report on […]

ISOTeam secured a series of new contracts

Singapore finance blog

Despite the challenging economic condition, ISOTeam secured a series of new contracts worth $22.7 million, including a third and single largest renewable energy installation project, worth around $6.3 million. ISOTeam is an eco-conscious Repairs and Redecoration (“R&R”) and Addition and Alteration (“A&A”) specialist in Singapore. I have previously covered this company in my blog before. Founded in […]

Formidable challenger for Challenger Technologies Limited

stock market

Crisis? What crisis? SGX mainboard-listed company, Challlenger Technologies Limited, appears unfazed in the aftermath of the closure of its 53,000 sqft megastore at Funan DigitaLife Mall since December 2015. Last year has been challenging due to the weak economic sentiment but on the basis of the 3Q2016 financial results, it seems that Challenger managed to […]

Singtel increased investment moats aggressively

SGX stocks

In August 2016, Singtel increased its investment moats aggressively through the acquisition of stakes in Thailand’s Intouch Holdings Public Company Limited (Intouch) and India’s Bharti Telecom Limited (Bharti Telecom) for a total consideration of S$2.47 billion from parent company, Temasek Holding. This transaction will be funded through internal cash, short-term debt and proceeds from a […]

Boustead Singapore horrifying 2Q17 results

SGX

One of Singapore venerable companies, Boustead Singapore, announced a set of horrifying 2Q17 results. Net profit for 2Q17 was 32% lower year-on-year, while 1H17 net profit was 30% lower year-on-year. The infrastructure-related engineering and geo-spatial services company was still making respectable level of profits but its recent performance decline reflects the depressing state of the […]

Hellfire from Swiber Bond and Lehman Brothers Minibond

SG Wealth Builder

Sometimes, life is stranger than fiction. The recent implosion of Swiber junk bond brings back memories of Lehman Brothers Minibond saga in 2008. About 10,000 retail investors in Singapore lost their investments totaling more than $500 million in products linked to Lehman Brothers. The similarity between the hellfire from Swiber Bond and Lehman Brothers Minibond […]

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