THE following stocks may be in focus on Friday:
Market observers played down speculation about the Singapore
Exchange (SGX) exploring strategic deals, saying that commercial tie-ups or
narrowly targeted acquisitions are much more likely than a merger of market
operators.
Keppel Corporation's CEO Loh Chin Hua said in the group's
annual report that "although the winter in the offshore business is
expected to persist for some time, we remain confident of the longer term
fundamentals of the sector". He pointed to other markets to explore such
as for gas and production solutions.
Plastoform Holdings' auditor said there is a material
uncertainty about the speaker manufacturer's ability to remain a going concern.
In its report, Foo Kon Tan cited Plastoform's HK$7.6 million (S$1.36 million)
net loss in 2016, negative operating cash flow and the 2014 loss of a major
customer as the bases for its opinion.
More Profitable Singapore
Stocks of the Day:
- SERRANO
- IEV
- NOBLE
Our recent Stock Recommendations:
1.KLSE INTRADAY SIGNAL: BUY IEV
AT 0.083 TARGET 0.086, SL 0.079 www.equityprofit.com
Update: IEV MADE HIGH OF 0.086, OUR 1st TARGET DONE. GIVEN YESTERDAY FROM 0.083
Update: IEV MADE HIGH OF 0.086, OUR 1st TARGET DONE. GIVEN YESTERDAY FROM 0.083
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