Tuesday 9 January 2018

Stocks to watch: CapitaLand, Datapulse, Cheung Woh, Ley Choon

THE accompanying organizations saw new improvements which may influence exchanging of their offers on Tuesday: 

CapitaLand: Stock watchers were upbeat campers on a week ago's news that CapitaLand is dropping 20 shopping centers from its retail resource portfolio in China. RHB Research Institute Singapore overhauled the stock to a "purchase" call, from its past "impartial" position, in a note on the morning of Jan 9. Different investigators, for example, DBS Research, CIMB and OCBC Investment Research likewise had "purchase" positions. 

Datapulse Technology: Datapulse Technology on Jan 8 said it would assemble two exceptional general conferences (EGM) by Feb 26, following a move by the group of previous Datapulse Technology executive and prime supporter to supplant four chiefs on the organization's board and re-assess the company's expansion methodology. The computerized media stockpiling producer had in December got an order notice to gather an EGM from Ng Bie Tjin, the little girl of Datapulse's fellow benefactor Ng Khim Guan, and Uniseraya Holdings. 

Cheung Woh Technologies: The hard plate drive (HDD) maker sank into the red with a net loss of S$449,000 for the second from last quarter of money related year 2018, contrasted with a benefit of S$264,000 in Q3 FY2017. Turnover edged up 5.8 for each penny year on year to around S$21.55 million reinforced by higher deals in the HDD segments fragment. Be that as it may, cost of offers climbed almost 16 for every penny to S$19.63 million on the back of higher materials and work costs brought about. 

Ley Choon: Construction firm Ley Choon Group Holdings on Monday said that it has won an agreement worth about S$10.4 million from Singapore's national water organization PUB, through its unit, with the work including the substitution of water mains.

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