Singapore Stock Updates

OCBC has looked after its "hold" call for Memtech Universal, with a reasonable estimation of 50 pennies, as indicated by a report dated August 8.

This comes as the organization declared that it hopes to report a 2Q16 net misfortune for the most part because of lower interest for the gathering's telecom (telco) items and in addition higher expenses.

The postponement in the satisfaction of a noteworthy request at the client's solicitation was likewise a contributing element.

OCBC Venture Research has stopped scope on water and vitality arrangements supplier Hyflux.

"Because of the still quieted medium-term prospects and additionally a reshuffling of interior assets, we are stopping scope on the organization," says OCBC lead investigator Carey Wong in a report on Aug 5.

In 2Q, Hyflux's net benefit after expense (NPAT) jumped 90% y-o-y to $2.6 million.

"Subsequent to altering for ceaseless securities profit, it would have posted a net loss of 1.6 penny for each offer, versus an EPS of 1.7 penny in 2Q15," Wong says.
DBS says Yangzijiang Shipbuilding is very much situated to develop more grounded from the shipbuilding downturn.

The examination house is looking after its "purchase" call yet with lower target cost of $1.00.

In a Monday report, expert Ho Pei Hwa says Yangzijiang is among the couple of Chinese yards that have crossed into the top of the line vessel space to contend with Korean opponents as it is the biggest and most cost-effective private shipbuilder in China.

The late drubbing in Singapore bank stocks is transforming Southeast Asia's greatest moneylenders into can hope for cash chiefs including Aberdeen Resource Administration Plc.

DBS Bunch Property Ltd lost $3.6 billion in business sector esteem in seven days from July 28 when its customer Swiber Possessions Ltd flagged it was stuck in an unfortunate situation.

 Today Top Stock Signals:

sgx-intra, HPH TRUST ,NOBLE,SINGPOST

SGX-LONG, SINGPOST,SUNTEC REIT,CAPITACOM TRUST 

KLSE-INTRA, ARMADA,DUFU,EMATELL,

KLSE-LONG, AMEDIA,PUNCAK,SKPETRO