Singapore Market Portfolio

Portfolio sees mixed results over recent reporting season

SINGAPORE (Dec 11): The recent results season has seen mostly positive numbers from the 16 companies in our portfolio that reported results in the quarter ending Sept 30. Nine reported earnings growth in the recent quarter, while five saw their earnings

Cogent’s earnings fall but PhillipCapital still positive

SINGAPORE (Dec 4): Logistics player Cogent Holdings reported a 4% y-o-y rise in revenue to $35.3 million for 3QFY2017 ended September, but earnings fell 6% to $7.4 million. The group saw better volumes in the container depot management and transport manag

Solid earnings, but portfolio slips as sentiment weakens

(Nov 20): This past week of the earnings season has brought positive news for some of the property and tech companies in our Singapore Market Portfolio. One of our holdings in the mining space continues to face headwinds, but is building new capabilities.

DBS shrugs off poor results, Venture pushes higher, and Cogent gets an offer

(Nov 13): It has been an interesting week of results for our Singapore Market Portfolio, with two of our larger-cap holdings hitting new highs after reporting their 3QFY2017 numbers. Meanwhile, another one of our holdings benefited from an offer.

The Hour Glass rises on bullish data, but Chew’s calls off sale to third party

(Oct 30): The market is warming up to luxury watch retailer The Hour Glass, which we added to our Singapore Market Portfolio on Oct 10. During the week to Oct 24, the stock rallied 6.2%, on reports that Swiss watch exports to Singapore saw a 90% y-o-y sur

Venture, Sarine, SGX bear watching as results season approaches

(Oct 23): As another reporting season approaches, market sentiment towards some of our holdings is riding high. Strong earnings reports for 3QFY2017 could quickly push some of these stocks higher, but any disappointment could lead to an ugly sell-off.

Adding The Hour Glass as luxury watch sales recover

(Oct 16): The improvement in the luxury watch industry this year appears set to continue. From January to August, the total export value of Swiss watches rose 1.2% y-o-y to CHF12.6 billion ($17.6 billion), according to the Federation of the Swiss Watch In

Adding developer Chip Eng Seng as residential market recovers

(Oct 9): Home prices rose 0.5% in the third quarter of this year, the first rebound in four years, according to flash data released by URA on Oct 2.

Alleged IP theft batters Sarine, but our holding stays for now

(Sept 25): Oscar Wilde once wrote that imitation is the sincerest form of flattery that mediocrity can pay to greatness. The theft of intellectual property, however, is the sort of flattery that can kill a potentially great company.

Optimism over Cogent’s new bet on student housing

(Sept 18): This past week, one of our Portfolio companies had attracted some attention over a new business venture. On Sept 7, logistics services company Cogent Holdings announced that it has been awarded a three-year lease tender by the Singapore Land Au