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Posts Tagged ‘forecast’

Forecast Apple iPad 2011 Posted By : maxikosr

The post is going to forecast the tendency of apple iPad in 2011, according the past and current circumstance.

Forrester, Gartner Forecast Higher IT Spending but Lower PC Sales in 2011

Global IT spending is due to increase in 2011, even as hardware sales decline because of a strong growth in software and mobile devices, according to Forrester Research and Gartner. – Global IT spending is expected to grow overall in 2011,
according to two different analyst reports. However, both Gartner and Forrester
analysts said spending in the PC segment will be impacted the increasing
popularity of tablets and smartphones.
Global IT spending will grow 7.1 percent to $1.7…


Cloud Computing Market – Global Forecast (2010 -2015) Posted By : Report

Cloud computing not only reduces business costs, but also makes applications accessible from any location, and reacts swiftly to changes in business needs.

Credit Suisse ups Singapore 2011 GDP growth forecast to 4.7%

Credit Suisse raises its Singapore 2011 real GDP growth forecast to 4.7% from 4.2%, reflecting a more positive global outlook for 2011.

“The more positive global economic growth outlook (especially for the G3 economies) augurs well for Singapore.”

While strategist Sakthi Siva is Underweight Singapore (mainly due to valuations), she prefers export-oriented markets that will benefit from the recovery in global industrial production over domestic defensives. She says sectors that would benefit from the recovery in global IP include capital goods, transport and commodity names.

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Cisco Sees Revenue, Profit Growth, but Forecast Disappoints

Despite first-quarter jumps in revenues and profits, Cisco faced questions from analysts over missed sales projections and a lukewarm forecast. – Cisco Systems saw revenues and profits jump significantly in its fiscal 2011
first quarter. The company saw gains in collaboration, video and the data
center, all areas Cisco executives have targeted as important growth markets,
and hired another 1,900 people during the three months that ended Oc…


SingTel 2Q net profit down 6.7%; below forecast

Singapore Telecommunications (STEL.SI), Southeast Asia’s largest telecoms firm, reported lower-than-expected quarterly profit, partly due to the cost of acquisitions by its Indian ally.

The company, 55% owned by Singapore state investor Temasek Holdings (TEM.UL), said earnings were hit by costs from Bharti Airtel’s (BRTI.BO) acquisition of the African telecom assets of Kuwaiti group Zain (ZAIN.KW) in June and investments in multimedia services in Singapore.

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Singapore Air Q2 beats forecast, outlook upbeat

Singapore Airlines (SIA) (SIAL.SI), the world’s second-largest carrier by market value, reported better-than-expected second-quarter earnings, boosted by a strong recovery in passenger traffic, especially the premium segment.

The airline, 55% owned by Singapore state investor Temasek Holdings (TEM.UL), has made a robust recovery in the past year, helped by strong rebound of business and premium travellers.

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Hi-P International rated ‘buy’ by DBS

DBS Vickers Securities in a Nov 2 research report says: “Hi-P posted record net quarterly profit of $33 million (+208% y-o-y). This set of results beat our $30 million forecast despite as much as $10 million one-off items and lower than expected sales (+81% y-o-y) of $286 million vs our forecast of $363 million.

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DBSV Keeps OCBC at Buy, ups earns forecast

DBS’ Vickers says OCBC (O39.SG) 3Q net profit of $570 million (+13% on-quarter, +27% on-year) in line with expectations, notes that key positives were non-interest income rebound, NIM uptick, sustained strong loan growth, which surpassed expectations. 

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OCBC’s Q3 net beats forecast as loans jump 29% – Update

OCBC (OCBC.SI), Singapore’s second-biggest lender, beat expectations with a 27% jump in quarterly profit as its private bank drove loans and fees higher, offsetting rock-bottom interest rates.

Overall, loans grew 29% from a year earlier, with help from the banking unit which it acquired earlier this year from ING (ING.AS), OCBC said.

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OCBC’s Q3 net profit up 27%, beats forecast

Oversea-Chinese Banking Corp (OCBC.SI), Singapore’s second-biggest lender, on Monday posted a 27% rise in quarterly profit on falling bad debt charges and higher insurance income, beating expectations.

OCBC posted a net profit of $570 million in July-September, compared to $450 million a year earlier.

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CapitaLand Q3 net profit falls 43%, misses forecast

CapitaLand (CATL.SI), Southeast Asia’s biggest property developer, reported a 43% fall in its third-quarter net profit on Friday — missing forecasts — due to lower rental from shopping malls.

CapitaLand, 39% owned by Singapore state investor Temasek (TEM.UL), earned $159.6 million in pre-exceptional net profit the three month ended September, down from $281.3 million a year ago.

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CapitaLand Q3 net profit falls 43%, misses forecast

CapitaLand (CATL.SI), Southeast Asia’s biggest property developer, reported a 43% fall in its third-quarter net profit on Friday — missing forecasts — due to lower rental from shopping malls.

CapitaLand, 39% owned by Singapore state investor Temasek (TEM.UL), earned $159.6 million in pre-exceptional net profit the three month ended September, down from $281.3 million a year ago.

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Singapore palm plays gain;DBS Ups CPO price forecast

Plantation stocks seeing good gains; Golden Agri (E5H.SG) +3.8% at $0.685, Indofood Agri (5JS.SG) +5.1% at $2.70, Kencana Agri (F9M.SG) +2.4% at $0.420, First Resources (EB5.SG) +4.0% at $1.29, Wilmar (F34.SG) +1.1% at $6.47. 

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Keppel Corp Q3 net profit up 8.4%, beats forecast

Keppel Corp (KPLM.SI), the world’s largest rig-builder, on Thursday reported a better-than-expected 8.4% rise in quarterly net profit, helped by strong margins in its offshore marine business.

Keppel, more than one-fifth owned by Singapore state investor Temasek Holdings (TEM.UL), posted a net profit of $346.3 million for the quarter ended September, up from $319.6 million a year ago. 

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UOB keeps NOL at Buy; ups 2010 earnings forecast

UOB KayHian reiterates Neptune Orient Lines (N03.SG) at Buy, with $2.55 target; expects 4Q10 container shipping markets to stand beyond market expectations, which “fairly low at the moment,” despite seasonal weaknesses in volume and rates. 

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Venture rises on strong HP forecast

Shares of Singapore electronics contract manufacturer Venture Corp <VENM.SI> rose as much as 3.4% on Thursday, after Hewlett-Packard Co <HPQ.N> forecast 2011 earnings that surpassed expectations.

HP, Venture’s key customer, on Wednesday forecast 12 to 14 percent growth in non-GAAP earnings in fiscal 2011 and revenue growth of 5 to 7%.

At 10 a.m., Venture’s shares were traded at $9.59, outperforming the Straits Times Index’s <.FTSTI> 0.23% fall.

"Investors are looking at Venture as one of the beneficiaries of the better business outlook from HP," a local broker said.

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Hi-P soars on higher profit forecast

Shares of Singapore electronics contract manufacturer Hi-P International (HIPI.SI) rose 15.4% to a record high today after it forecast higher revenue and profit this year.

Hi-P shares were traded at $1.01 at 10:30 a.m., with over 5.6 million changing hands.

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Economic forecast gloomy says IMF

Growth in the global economy is likely to slow towards the end of 2010, the International Monetary Fund is warning. The IMF blames weakness in the financial sector and the crisis of confidence in some national economies.

UOB 2Q net profit beats forecast, remains cautious: Update

UOB <UOBH.SI>, Singapore’s third-biggest bank, posted a 28% rise in quarterly profit on Tuesday, capping a strong first half for the city-state’s banks as the economy surged. Singapore’s best-ever economic expansion in the first half and reduced bad debt charges have boosted bank earnings this year, but rock bottom interest rates are keeping margins under pressure.

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