Trading Penny Stocks of Singapore Share Market

Here are a few Penny Stocks that may move the Singapore Share Market this Friday morning:

Economics Singapore Share Market Movements

Global Logistic Properties (GLP): Today is the due date for offers by invested individuals to purchase the supplier of current coordinations offices. GLP last exchanged at $2.88.

Property developers: The Ministry of National Development today declared the second half 2017 (2H2017) Government Land Sales (GLS) Program, which includes six Confirmed List locales and 10 Reserve List destinations.

shopper360 on Wednesday finished its position of 38 million offers, containing 18 million new offers and 20 million merchant shares, for 29 pennies for every offer to raise net continues of around $11 million.

Second Chance Properties: posted a profit of $5.4 million for the second from last quarter finished May, up 72.3% from $3.1 million a year prior. Offers of Second Chance Properties shut level at 25 pennies on Thursday.

Del Monte Pacific detailed a 57.2% fall in FY17 profit to US$24.4 million ($33.8 million) from US$57 million a year prior. Offers in Del Monte Pacific shut down at 34 US pennies on Thursday.

Vibrant Group saw profit for FY17 finished April fall 65.9% to $3.4 million, from $10.0 million a year back. The gathering’s cargo and coordinations portion announced a net loss of $5.1 million, contrasted with a benefit after the duty of $2.4 million a year prior. Offers of Vibrant Group shut 1 penny higher at 39 pennies on Thursday.

Nordic Group says its completely possessed auxiliaries have as of late secured a few contracts with an aggregate estimation of $9.6 million. Offers in Nordic shut down at 38 pennies.

Keong Hong Holdings reported Thursday that aberrant completely possessed backup Grandwood (Japan) has gone into a deal and buy consent to procure a business working in Osaka, Japan for 950 million yen ($11.8 million). Offers of Keong Hong shut a large portion of a penny brings down at 48 pennies.

Keppel REIT’s entirely claimed sub-put stock in Keppel REIT (Australia) Sub-Trust 5 has gone into a usage deed to gain a half enthusiasm for a top notch office tower to be produced at 311 Spencer Street in Melbourne, Australia for A$347.8 million ($362.4 million). Units of Keppel REIT shut a large portion of a penny brings down at $1.15 on Thursday.

Global Share Market

Markets Wall Street fell strongly on Thursday, with the S&P 500 and the Dow industrials enduring their most exceedingly everyday day rate drops in around a month and a half, as a current decrease in innovation shares developed and exceeded quality in bank shares. The Dow Jones Industrial Average fell 167.58 focuses, or 0.78 for every penny, to 21,287.03, the S&P 500 lost 20.99 focuses, or 0.86 for each penny, to 2,419.7 and the Nasdaq Composite dropped 90.06 focuses, or 1.44 for each penny, to 6,144.35.

Singapore Stock Market

The Straits Times Index shut 42.95 focuses or 1.3% higher at 3,258.65 as purchasers drew motivation from an extensive overnight rally on Wall Street. Volume added up to 1.7 billion units worth $1.2 billion – the most elevated for the current week – and barring warrants there were 310 ascents versus 155 falls all through.

Penny Stock Of The Day

• MM2 ASIA
• CWT
• IMPERIUM CROWN
• SERIAL SYSTEM
• CITYNEON

So Earn More with Intraday Trading Signals

Reference: http://www.mmfsolutions.sg/news/penny-stocks-singapore-share-market/

SINGAPORE SGX MARKET DAILY BRIEFING

SINGAPORE SGX MARKET STOCKS AND SHARES OPENED 0.7 PER CENT HIGHER

Singapore SGX market opened 0.7 per cent higher on Thursday, with the Straits Times Index advancing 21.56 points to 3,237.26 as at 9.06 am.

About 82.3 million shares worth S$123.3 million in total changed hands, which worked out to an average unit price of S$1.50 per share.

The most actively traded counter was Genting Sing, which rose S$0.015 to S$1.090 with 11.7 million shares changing hands. Other actives included Thai Bev and DISA.

Gainers outnumbered losers 111 to 33.

FUNG CHOI DECIDED TO DELIST FROM SGX

FUNG Choi Media is preparing for the delisting of its shares from the mainboard of the Singapore Exchange.

In an SGX filing on Wednesday, the Bermuda-incorporated company said that the reasons for its delisting include the lack of prospect for any corporate rescue or restructuring or sale of the company’s business, and the company is hopelessly insolvent.

Fung Choi said that on June 21, the SGX has advised that it has no objection to the application for delisting, and an immediate announcement must be made of the delisting application granted.

The liquidators are working with the SGX to confirm the delisting date and other matters in relation to the company’s delisting. A further announcement will be made once the delisting date is confirmed.

HOT STOCKS FOR SINGAPORE SGX MARKET INVESTMENT

• DISA
• OCBC Bank
• YZJ Shipbldg SGD
• Yuuzoo
• Ezion

Earn more on this stocks and to get live Singapore SGX market updates subscribe to our 3 days free trial.

Reference: http://www.mmfsolutions.sg/news/singapore-sgx-market-daily-briefing/

MAS to loosen regulatory barriers for banks carrying on permissible non-financial businesses

The Monetary Authority of Singapore (MAS) on Tuesday reported its expectation to streamline existing the administrative prerequisites for banks looking to lead or put resources into passable non-budgetary organizations.

Singapore To Allow Banks To Enter Non-Financial E-Commerce

In particular, modifications will be made to the counter blending system which was acquainted in 2001 with a guarantee that banks stayed concentrated on their center organizations and capabilities.

In an official statement on Tuesday- MAS says its proposed measures will give banks greater adaptability to serve the necessities of their clients while guaranteeing they remain to concentrate on their center money related organizations, given how the saving money scene has developed impressively since the counter mixing together structure’s foundation.

The structure will be refined in two angles.

MAS initially means to bring down the obstructions for banks to director put resources into non-monetary organizations that are connected or corresponding to their center money related organizations.

Banks will never again need to look for earlier administrative endorsement before directing or procuring significant value stakes inadmissible non-money related organizations. Rather, they are just required to advise MAS before doing as such.

The controller will be that as it may, keep on requiring banks to set up fitting danger administration and administration courses of action to manage the dangers emerging from these organizations.

Also, banks will be permitted to occupied with the operation of advanced stages that match purchasers and dealers of customer products or administrations and additionally the online offer of such merchandise or administrations, given that the exercises are connected or integral to their center budgetary organizations.

This perceives online buys of products and enterprises and the utilization of e-installment administrations are winding up noticeably progressively incorporated, says MAS, who trusts the modification will empower banks to widen their capacity to give a full suite of administrations to their retail clients.

Banks will, in any case, need to look for case-by-case endorsement past advanced stages – as they ought not to be taking part in the offer of shopper merchandise or administrations as a business in its own particular right – and furthermore keep on prohibiting from entering certain organizations, for example, property improvement and the arrangement of inn and resort offices.

The National Bank of Singapore says it will counsel on the operational subtle elements of the proposed arrangement changes by end-Sept this year.

Penny Stock Of The Day

• QT VASCULAR
• KEPPEL DC REIT
• IEV
• SINGTEL

Reference: http://www.mmfsolutions.sg/news/singapore-market-news-mas/

For more information: Intraday Stock Signals, Intraday Stock Picks, Sgx Stock Picks, Investment Stock Picks, Stock Trading Signals

Singapore Stock Market Outlook – June 2017

Market Updates: Trading Signals

Looking for best trading Signals for SGX market and market updates? Stock traders!!! Your search for best intraday tips provider ends with MMF Solutions to get all the latest updates.

 Focus on the following SGX stocks to book a remarkable profit.

Hold your STI captive at 3250 for this week.

Our experts recommend holding your STI stock for this week as a positive embarking is soon to break out.

Hi-P remains stagnant:

Hi-P is creeping ahead on the same purchasing position not showing any upward or downward trend. It’s a recommendation to either let go or follow the trailing stop.

GLP drops down on news:

GLP drops down but is following its heirloom to share a good story. The statement is clung to the report published by Financial times that there was a bidder led by a GLP Insider, which made it pointless for external bids. A similar entitled article could be found at Straits Times utterly supporting the uptrend for GPL. Till then keep the stock on its position and wait for the jump.

Don’t grow panic for OCBC:

If you have closely observed the trading charts, OCBC is just replicating the STI trend. It’s been recommended to be patient and just follow the system by looking your profit at $ 10.20 level.

TSM may lead to venting out with profit booking:

Currently trading at $36.70, TSM may show a hike to $ 36.90. Which is a positive remark for the traders, who haven’t yet book any profit out of there TSM stock?

Book small profit with Cityneon:

For Cityneon it’s been recommended that the price can potentially find some support around the $0.95 area and can hike to $ 1.0 with a limiting profit point at $ 0.98.

Candles turned red for Sunningdale:

Dropping down continually from last week, Sunningdale has made a strong position of buying. Stocks for Sunningdale is currently trading in between $ 1.80 to $ 1.85, which may even fall further making a strong buying position.

For more Market updates and latest Trading signals visit www.mmfsolutions.sg

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Penny Stock of Singapore Share Market

Here is few Penny Stock to Watch this Tuesday morning: A Chinese consortium and two private value firms are probably going to submit offers one week from now to purchase Global Logistics Properties (GLP), says Reuters. The Chinese consortium is driven by private value firms Hopu Investment Management and Hillhouse Capital Group and has the support of GLP Chief Executive Ming Mei. Alternate bidders are US-based private value firm Warburg Pincus LLC and Asian speculation firm RRJ Capital. Offers of GLP shut 16 pennies bring down at $2.84.

Respectable Group has discarded its whole 100% stakes in three entirely claimed backups that do non-ferrous metals warehousing administrations for an aggregate thought of US$4.7 million ($6.5 million). Independently, Fitch Ratings declared it has minimized Noble’s FICO assessment to garbage status. Honorable offers finished 16.5% higher on Friday at 53 pennies.

Keppel Land China, the property arm of Keppel Corp, is together getting a 30% stake in a Shanghai office and retail blended utilized improvement, SOHO Hongkou, for US$525 million ($729 million). Offers of Keppel shut 1 penny higher at $6.23.

Best Glove Corporation has propelled the situation of 5 million existing offers, subject to beat up choice, at $1.71 each to encourage exchanging liquidity of the offers in Singapore by financial specialists. The arrangement cost speaks to a 6.6% markdown to Top Glove’s end cost of $1.83 which cutting-edge 1 penny on Friday.

Versatility Systems (MSPL), a backup of ST Engineering’s territory frameworks arm ST Kinetics, is obtaining the staying 5.64% stake in Technical Projetos e Serviços Automotivos (Technicae), the Brazil-based car support, repair and upgrade (MRO) administrations supplier, for $0.3 million. Offers of ST Engineering shut 1 penny bring down at $3.71 on Friday.

Global Share Market

Markets The S&P 500 and the Dow scarcely ascended on Monday as increases were balanced by a fall in innovation stocks, which pushed the Nasdaq lower as financial specialists swung to more guarded divisions. The Dow Jones Industrial Average rose 14.79 focuses, or 0.07%, to 21,409.55, the S&P 500 lost 0.77 point, or 0.03%, to 2,439.07 and the Nasdaq Composite dropped 18.10 focuses, or 0.29%, to 6,247.15.

Singapore Share Market

The Straits Times Index shut 0.19% or 6.08 focuses bring down at 3,209.47. Turnover was 1.6 billion units of offers with an aggregate estimation of $1.1 billion. Excluding warrants, washouts dwarfed gainers 219 to 166.

Stock To Buy

• AA
• GENTING SING
• MIYOSHI
• YUUZOO
• JADASON

Reference: http://www.mmfsolutions.sg/news/penny-stock-singapore-share-market/

For more updates: SGX Stock Research, Singapore Stock Market Blog, Singapore Stock Blog, Stock Tips, Singapore Stock Market News

Reasons Behind Noble Group Bullish Trend

Why Noble Group Gone Bullish?

1.  Succeeded in raising the surplus amount of capital fund as many as 2 billion which were highlighted in the previous quarters.

2. The Noble Company has halved down its debt to capital ratio from 55% to 25% for this fiscal year.

3. The Group has managed to cope up with a loss of $ 1billion in 2015 to a small yet significant profit in 2016. Also, the group forecasted to book a bulk profit by 2018.

4. Some harsh decisions like selling off its profitable noncore business assets help the noble group to refocus on their mainstream business profile. Which ultimately results in the rise of capital fund and the noble group stock prices.

5. Reduction in cost and headcount facilitates the group to enhance their net profit margin.

6. Depression of share price beyond its fair value (Currently trading at 0.32) facilitates traders to take advantage of this market distortion to earn more profit.

7. Another reason for the rise of Noble Energy stock is its all-time low price to sale. Irrespective of such a huge name the group is currently showing a sales ratio of only 0.03.

8. One of the major reasons behind the bullish trend is increasing the dependence of Giant China on Noble Resources which holds about 10% of the Noble Shares.

Points Which Are To Look After:

• The decline in Revenue: Due to the sale of noncore business assets revenue gets declined. This ultimately results in the shrinking of business and so the possibilities.
• The favorite company tag: Noble Energy Stock is always a favorite stock among the traders despite its trending trade. This results in the improved business opportunities.

Things To Noted Own For Noble Group Share Price:

A. According to 2016 annual report – Barnes and Noble committed a capital of 10 Billion. This means the group hardly needs cash for short to midterm.

B. Shares consolidation may prove harsh for short term but seems to last positive impact for long and midterms.

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