4Q16

Broker's Calls

Strategic review to determine if Q&M will rise again

SINGAPORE (March 6): Maybank Kim Eng Research has downgraded its rating on Q&M Dental from “buy” to “hold”, lowering its target price on the stock to 71 cents from $1 previously on the group’s

Broker's Calls

Continued earnings disappointments has this stock gnashing its teeth

SINGAPORE (March 3): CIMB has downgraded its rating on Q&M Dental Group from “hold” to “reduce”, lowering its target price on the stock to 60 cents from 77 cents on growing concerns about the g

Results

Mandarin Oriental posts 38% decline in FY16 earnings to $77.9 mil

SINGAPORE (March 2): Mandarin Oriental, a member of the Jardine Matheson Group, has declared FY16 earnings of US$55.2 million ($77.9 million), 38% down from its earnings of $89.3 million in the pre

Broker's Calls

Could a strong earnings outlook lead Indofood Agri to surprise on the upside?

SINGAPORE (March 2): DBS Vickers Securities continues to keep its “hold” recommendation on Indofood Agri Resources while lowering its target price on the stock by one cent to 56 cents.

Broker's Calls

Thriving growth outlook makes this developer a ‘buy’

SINGAPORE (March 2): DBS Vickers Securities is maintaining its “buy” call on Yanlord Land Group with a higher target price of $2.21 compared to $1.46 previously, after the China-based property deve

Broker's Calls

This property stock was built to weather through the tough times

SINGAPORE (March 2): RHB is remaining “neutral” on Centurion with a target price of 39 cents after its 4Q16 results came in line with the research house’s estimates.

Results

Advance SCT’s FY16 losses narrow to $8.3 mil on restructuring efforts

SINGAPORE (March 1): Advance SCT, the metal trader and recycling & waste management company, saw FY16 losses narrow by a third to $8.3 million from $12.3 million a year ago.

Results

Sri Trang Agro sinks into the red in FY16 on operating loss

SINGAPORE (March 1): Sri Trang Agro-Industry, the natural rubber (NR) producer, has swung to FY16 losses of THB 758 million ($30.5 million) compared the FY15 earnings of THB $1.1 billion as expense

Results

Wheelock Properties reports doubling of revenue in 4Q and FY16

SINGAPORE (March 1): Wheelock Properties reported revenue for 4Q and FY16 doubled to $224.3 million and $769.7 million respectively from a year ago.

Results

Food Empire swings back into profitability in 4Q with $4.1 mil of earnings

SINGAPORE (March 1): Food Empire Holdings is back in the black after posting US$2.9 million ($4.1 million) of earnings for the fourth quarter ended Dec 31 compared to the group’s restated 4Q15 loss

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