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Posts Tagged ‘prospects’

Censor spoilt prospects of ‘Dil Toh Baccha Hai Ji’

dil to bachcha hai jee.jpg195485The censor board is being held responsible for the poor opening response to “Dil Toh Baccha Hai Ji” (DTBHJ), which got an A-certificate and kept children and their families away. “I respect their (censor board) decision. I am used to adults certificates for my films. And in fact ‘Chandni Bar’ and ‘Fashion’ did have adult [...]

Does Bernanke Look Like a Man Who is Confident About the State of the Economy and the Prospects for Recovery?

There is a lot to say about Bernanke’s comments on 60 Minutes today.Bernanke’s statement that unemployment is the biggest impediment to economic recovery is ironic, given that Bernanke’s policies have increased unemployment. See this and this.Harry Bl…

Singapore banks advance; Prospects sound: Citi

Singapore banks bucking declines by most other local blue chips, likely supported by fresh official data showing improvement in October bank lending.

According to central bank MAS, overall lending +13.8% on-year, +1.3% on-month at $313.26 billion, with housing loans remaining key driver. OCBC (O39.SG) +1.5% at $9.77, UOB (U11.SG) +0.1% at $18.52, DBS (D05.SG) flat at $13.92 vs STI off 0.3%.

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DBS +0.9%; HK prospects overlooked – Goldman Sachs

DBS Group Holdings (D05.SG) +0.9% at $13.82 after losing streak over last 4 sessions, which pushed price to 3-month low yesterday, with recent broad market weakness compounding underlying concerns over bank’s continued margin pressure amid soft Sibor.

“We think investors may have been overly focused on DBS’ domestic performance, that its improving Hong Kong operations have been overlooked,” says Goldman Sachs, which has Buy call with $16.90 target.

 
Cites HK’s role as offshore CNY settlement center as promising for DBS, which has opened more than 1,000 offshore CNY accounts in past 2-3 months, while pick-up in wealth management activity in HK also bodes well for lender’s fee income. Current gains not accompanied by firm volume, while pullback from early $13.94 peak suggests prices unlikely to head much higher.  
 
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Ezra kept at Buy by CLSA; Long-term growth prospects

CLSA confident in long term growth prospects of Ezra’s (5DN.SG) subsea acquisition. Upgrades earnings marginally in view of larger PSV fleet, but leaves subsea forecasts unchanged until more details released January.

Keeps at Buy with $2.35 target, offering 35% upside. Says, while only eight of ten assets held by EMAS-AMC are enabling assets (construction/installation/pipelay), “EMAS-AMC has sufficient scale (by assets) to be a credible alternative for customers seeking diversified service providers.”

House analysis suggests downside risk of 10% to current Ezra FY10 EBIT estimates (which based on very preliminary management guidance), up to minus 25% for FY12-FY13, depending on execution, size of contract wins.

But says downside risk minimised, estimates will not have to be revised down if EMAS-AMC able to speed up integration process, execute efficiently (achieve higher margins) or secure larger-than-expected number of contracts. Shares off 3.5% at $1.68.

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Sembcorp Marine profit doubles, bullish on prospects: Update

Singapore’s Sembcorp Marine (SCMN.SI), the world’s No. 2 oil rig builder, reported a doubling in third-quarter net profit and said demand for high-end rigs was recovering.

“The market for premium and high-specification jack-up rigs has improved in recent months with strong enquiries for such rigs,” the firm said in a statement on Thursday.

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STI Flat midday; N/T prospects hinge on fed -CLSA

STI flat midday at 3129.59 midday, though broader market negative with about 2 decliners for every gainer vs evenly matched in early trade. 967 million shares traded worth $1.10 billion; cautious, sideways trade unsurprising with many investors sidelined before next week’s FOMC meeting; CLSA’s Christopher Wood says “the near-term prospect for stocks clearly hinges on whether the Federal Reserve positively surprises risk seekers at its next FOMC meeting” Nov 2-3. 

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Yamada Green up 3.6%; Prospects not priced in: Kim Eng

Yamada Green Resources (MC7.SG) up 3.6% at $0.285, extending 25.7% loss since start of this week, as players continue to sell on strength after robust 68.2% gain on debut last Friday, according to Dow Jones.

Kim Eng Securities, which has no rating, says stock now trading below sector’s average 9x-10x P/E; “with its 1Q10 net profit already accounting for 66% of its FY09 full-year net profit, the current stock price might not have priced in a record year in the making.”

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RIM’s PlayBook: 10 Products That Could Dash Its Prospects for Success

RIM’s PlayBook tablet is facing an onslaught of competitive products that could marginalize the devices impact in the mobile space. – RIM’s PlayBook tablet is scheduled to hit store shelves early
next year. In that time, it’s possible that the company will offer up several
new features that it hasn’t talked about yet. But for now, critics and
supporters of the device alike need make do with what they know and that means
a devi…


Bright Water prospects for Hyflux, Sembcorp: Credit Suisse

Hyflux (600.SG), Sembcorp Industries (U96.SG) well placed to capitalise on growing global demand for water, with 37% of world’s population estimated to face absolute water stress by 2020, says Credit Suisse, according to Dow Jones.

Research house tips global desalination, water recycling capacity to increase at 10% CAGR over next 5 years, with incremental investments of more than US$70 billion ($95 billion).

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Genting Bhd. rises to record on Singapore unit’s profit prospects

Genting Bhd., Asia’s third-biggest casino operator, rose to a record after Macquarie Group increased its 2011 earnings forecast for the company’s Singapore unit, citing higher margin assumptions.

Shares of Genting climbed 4% to 9.40 ringgit ($4.05) at 3:40 p.m. local time in Kuala Lumpur trading. Macquarie raised its 2011 EBITDA forecast for Genting Singapore Plc by 23%, Macquarie said in a report dated Aug. 27.

 
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SMRT off 3.6%; Prospects may turn uglier: BNP

SMRT (S53.SG) gaps down at open, last off 3.6% at seven-week low $2.14, on disappointment over June-quarter earnings decline, warning of potentially lower profit for current FY, according to Dow Jones.

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OUE +2.2%; Prospects in Singapore improving, says Kim Eng

Overseas Union Enterprise (O07.SG) is up 2.2% at $12.08, extending modest gains of past two sessions after sinking to two-month low of $11.48 last week following Singapore property group’s share placement exercise, says Dow Jones.

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SATS +0.8%; 2010 growth prospects sound, says OCBC

Singapore Airport Terminal Services (S58.SG) +0.8% at $2.56, may end higher for first time in four sessions, although risk of revisiting 3-month low of $2.50 set late May remains in near term, says Dow Jones.

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Singapore health sector growth prospects strong, says DMG

Khazanah Nasional’s partial takeover offer for Parkway Holdings (P27.SG) may throw spotlight on other Singapore healthcare companies with strong track record, says DMG, according to Dow Jones.

DMG notes while the move is unlikely to raise M&A hopes for other healthcare groups like Raffles Medical (R01.SG), Thomson Medical (5FV.SG) and Healthway Medical (5NG.SG), growth prospects for sector remain strong as these are primarily Singapore-focused players.

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Meet your Prospects Requirements with IT Consulting Services Posted By : Andolasoft

Business owners often plan for their companys growth, but they often forget to tie technology with their business plans. Thats where IT consulting comes into picture. Starting from data collecting, planning to implementation; IT consulting services take care of all your business needs.

SATS +1.8%; prospects hinge on Europe situation

Singapore Airport Terminal Services (S58.SG) is 0.7% higher at $2.81, retracing part of yesterday’s 3.8% pullback, although investor appetite not huge as volume mild, according to Dow Jones.

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China Hu An gains 3.7%; China prospects promising: Kim Eng

China Hu An Cable (KI3.SG) is up 3.7% at two-month high of 42 cents as interest driven by several non-rated bullish analyst reports, says Dow Jones.

But despite gains, stock still unchanged from its IPO price, with volume remaining thin since listing in February. The China-based maker of electric power cables has largely been ignored in past months given investors preference for more established names over new listings, although stock’s 15.7% gain since final week of March indicates interest picking up.

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Hyflux flat; prospects under-appreciated, says JPMorgan

Hyflux (600.SG) is experiencing choppy trade, flat at $3.41 vs intraday high of $3.44, low of $3.40, reported Dow Jones Newswires.

The stock hasn’t made much headway since reaching current March high of $3.58 two weeks ago, when water treatment firm announced win of $43.8 million contract to build initial stage of seawater desalination plant in Singapore.

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Biosensors gains 1.9% as China prospects stay solid, says Nomura

Biosensors (B20.SG) has gained 1.9% at 79.5 cents in active trade as investors relook at stock after 8.2% fall since beginning March, reported Dow Jones Newswires.

Recent weakness triggered partly by concerns over heart stent maker’s distribution business in Germany following Medtronics’ acquisition of Invatec, an affiliate Krauth Cardiovascular, which distributes Biosensors’ flagship BioMatrix stent in Germany, one of Europe’s major stent markets.

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