Singapore shares quit for the day on Thursday

SINGAPORE shares saw a mellow recuperation on Thursday, as the Straits Times Index rose 45.19 focuses, or 1.34 for each penny, to 3,427.97. 

On the bourse, gainers beat washouts 254 to 167, or around three up for each two down. 

Around 1.48 billion offers were exchanged, for an estimation of S$1.79 billion. 

Keppel Corporation included S$0.11, or 1.44 for every penny, to S$7.77, after it said that it had ring-fenced the fines from a debasement embarrassment while considering 2017's profit payout. 

Sembcorp Industries, where big enchiladas will take pay cuts in the midst of "testing times", picked up S$0.08, or 2.64 for every penny, to S$3.11. 

Catalist-recorded money related innovation firm Ayondo, which began exchanging on Monday, sank by more than two Singapore pennies, or 10.64 for each penny, to S$0.21 on a volume of 2.09 million offers. 

The Singapore showcase is shut on Friday for the Good Friday open occasion.

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Stocks to watch: Noble - For Profitable Investment

Honorable Group: Noble on Monday said its top managerial staff trust the proposed rebuilding brings about a "reasonable and impartial treatment of all investors". It is alluding to the rebuilding bolster assertion, whose "essential rebuilding" proposition requires a straightforward dominant part of the current investors. On the off chance that investors don't endorsement this essential rebuilding, the "option rebuilding" on a prepackaged premise includes the offer of target resources for another Noble substance and the issuance of offers in the new element to investors who have voted for the essential rebuilding. Respectable last exchanged down 7 for each penny to S$0.093 on Friday.

Rowsley: Rowsley on Monday said it has gone into an office understanding for S$130 million of new credit facilities.These include an S$100 million 18-month term advance office, and an S$30 million rotating advance office with Malayan Banking Berhad, Singapore Branch. The term credit will be utilized to recover the S$100 million 6.5 for each penny notes due on Tuesday, which was issued by the organization under its S$500 million multi-money medium-term note program set up in 2014. Rowsley last exchanged 3.2 for each penny, or 0.4 Singapore penny, lower to close at S$0.12 each on Friday.

HLH Group: HLH said it has gone into deals and buy consent to offer its 98-room inn in its D'Seaview venture in Sihanoukville, Cambodia for S$15.7 million. D'Seaview is HLH gathering's first freehold blended utilize improvement wander in Cambodia, involving 737 private units and 67 business units. The four pieces of business fragment incorporate a blend of business shop space, retail units, and a boutique inn. HLH shut down at 0.5 Singapore penny each on Friday, unaltered from the earlier day's nearby.

Far East Group: Industrial refrigeration frameworks and items wholesaler Far East Group is aiming to arrange its Lavender Street property for about S$27 million. The gathering on Friday likewise said that it has issued a contingent alternative to buying consent to Chang Hua Construction, a free and random outsider. Net continues from the proposed transfer of about S$26.2 million will be used for working capital, business extension, and future speculation openings, the organization said. Far East keep going exchanged on Feb 1 and shut at S$0.08.

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Profitable Stocks to watch: Noble, Midas, Raffles Education, Mirach Energy, Genting Singapore

SINGAPORE - The accompanying organizations saw new improvements which may influence exchanging of their offers on Friday (March 23): 

Respectable Group: The item dealer said on Friday morning that PT Atlas Resources Tbk, a coal maker recorded on the Indonesia Stock Exchange, has documented a claim in Indonesia against the organization looking for pay in overabundance of US$260 million. Respectable said that as at the season of this declaration, it had not been presented with any writ identifying with such claim and doesn't know about the reason for the claim or any further points of interest. 

Midas Holdings: The organization declared on Thursday night that Patrick Chew Hwa Kwang had surrendered as its official chief and CEO, refering to wellbeing reasons and in addition lawful inconveniences encompassing the gathering. Independently, Midas said its legitimate advice in the People's Republic of China had gotten court records in regards to three lawful cases related with the gathering. In another recording, Midas said its applications for a 120-day augmentation to June 28 to declare its FY2017 comes about and a 120-day expansion to Aug 27 to hold its yearly broad gathering have been affirmed by the Singapore Exchange. 

Pools Education: It declared in the wake of exchanging hours on Thursday that it is proposing to embrace a renounceable non-endorsed rights issue of up to 318.6 million new customary offers in the organization at an issue cost of S$0.14 each keeping in mind the end goal to raise net continues of up to around S$44.6 million. This is based on three rights shares for each 10 existing common offers in the capital of the organization. 

Mirach Energy: The oil and gas investigation and creation organization will continue exchanging on the Singapore Exchange on Friday. This takes after its declaration on Thursday of a S$5.6 million stock situation, in which Mirach will issue 56 million new offers at S$0.1 each. It will utilize the assets raised from the position to "considerably settle" a residual venture entirety adding up to RM19 million (S$6.4 million) in regard of a proposed speculation that was declared in March. 

Genting Singapore: The organization said on Friday morning it will hold an unprecedented general gathering on April 17 to look for investors' endorsement for a residence change from the Isle of Man to Singapore, and an adjustment in name from Genting Singapore plc to Genting Singapore Limited. The proposed re-domiciliation would enable it to adjust its nation of enlistment to its nation of posting and where its principle tasks and business are arranged.

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Useful Stocks to watch: PSA International, Union Gas, JEP, CapitaLand, Oxley

SINGAPORE - The accompanying organizations saw new improvements which may influence exchanging of their offers on Tuesday (March 20): 

PSA International: The port and terminal administrator posted a 5.1 for each penny bounce in entire year net benefit to S$1.23 billion on higher income and compartment throughput at its terminals around the world. Income for the year finished Dec 31, 2017, was 7.8 for each penny higher at S$3.97 billion. The port and terminal administrator dealt with 74.24 million TEUs (20 foot proportionate units) of freight amid FY2017, up 9.8 for every penny from FY2016. PSA's leader Singapore terminals contributed half of this volume or 33.35 million TEUs, a 9 for each penny increment contrasted with the prior year, while its terminals outside Singapore represented 40.89 million TEUs of throughput, up 10.4 for every penny from 2016. 

Association Gas Holdings: It reported late on Monday that it has given Union Energy Corporation (UEC) with a formal notice that it expects to practice the call choice allowed to the organization by UEC to obtain its business that provisions condensed oil gas to seller focuses. As a feature of the call choice, UEC will offer the whole issued and paid up capital of U-Gas in a complete deal and buy understanding. The estimation of the U-Gas procurement is S$9.2 million, and will be paid by S$2.76 million in real money, and an apportioning and issue of 24.3 million conventional offers in the issued and paid-up capital of the organization at an issue cost of S$0.2647 per share, adding up to S$6.4 million. 

JEP Holdings: The organization reported late on Monday that Soh Chee Siong, the CEO of backup JEP Precision Engineering, will give up his part as official chief powerful on March 19. As per a documenting with the Singapore Exchange, the basis behind his takeoff was because of "individual intrigue". He was selected as CEO of JEP Precision Engineering in October 2011. He was first delegated as executive of JEP Holdings in January 2014. 

CapitaLand and Oxley: CapitaLand Retail has consented to an arrangement to deal with a shopping center in Cambodia's capital, Phnom Penh. The shopping center is the retail segment of The Peak, a forthcoming top of the line coordinated improvement greater part claimed by Singapore-based engineer Oxley and Cambodian organization Worldbridge Land. CapitaLand will direct resource arranging, pre-opening and retail administration for the five-story shopping center, which has a gross floor territory, barring auto stop, of around 420,000 square feet, and net lettable zone of around 260,000 sq ft.

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Essential Stocks To Watch: Starhub , Noble, Keppel Corp

The accompanying organizations saw new advancements that may influence exchanging of their offers on Monday (March 19): 

StarHub: The telco and Singapore-based practical vitality firm Sunseap declared right off the bat Monday morning that they are binds up to offer clients a decision of two clean vitality membership designs beginning one month from now. This comes as 14 retailers have been endorsed to participate in the pilot dispatch of the Open Electricity Market in Jurong, which enables family units to pick whom they purchase power from. 

Honorable Group: Noble reported on Friday evening that it won't pay the foremost and enthusiasm on its US$379 million bonds due on March 20, setting it on course for its first note default. This tops a nearly watched show that started in 2015 when Iceberg Research began distributing evaluates of Noble's bookkeeping. The item exchanging bunch likewise said it won't pay the coupon due on its 2020 notes that it has effectively missed. 

Keppel Corp: The aggregate on Sunday said that it has through Keppel Land's completely possessed backup, Oil (Asia), obtained the rest of the 10 for every penny stake in Jencity, which holds Saigon Sports City, for about US$11.4 million. Following the obtaining, Keppel Land will hold a 100 for every penny enthusiasm for Saigon Sports City, along these lines combining its full responsibility for township. Saigon Sports City is a 64 hectare township that Keppel Land is creating in the prime District 2 in Ho Chi Minh City, Vietnam, in a joint effort with Keppel Urban Solutions.

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Singapore shares open higher on Monday; STI up 1%

SINGAPORE - Singapore shares opened one for each penny higher on Monday (March 12), with the Straits Times Index up 34.51 focuses to 3,520.08 as at 9.02am. 

Around 83 million offers worth S$97 million altogether changed hands as gainers dwarfed failures 132 to 29. 

The most effectively exchanged stock was Allied Technologies, which rose S$0.003 to S$0.065 with 96.8 million offers evolving hands. 

Different actives included Genting Singapore and Lion Gold Corp. 

Dynamic file stocks included DBS, up S$0.14 or 0.5 for each penny at S$28.23; and Singtel shares exchanging up S$0.02 or 0.6 for every penny at S$3.35. 

In local markets, the Topix file increased 1.5 for every penny and the Nikkei 225 Stock Average bounced 2.1 for each penny as at 9.06am in Tokyo. In the interim, Australia's S&P/ASX 200 Index rose 0.8 for each penny and the Kospi file in Seoul increased 0.7 for each penny, Bloomberg said.

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Singapore shares open higher on Friday; STI up 0.3%

SINGAPORE - Singapore stocks opened higher on Friday (March 9), with the Straits Times Index increasing 12.09 focuses, or 0.3 for every penny to 3,492.53 as at 9.01am. 

This came after US stocks shut higher overnight, on news that US President Donald Trump is by all accounts softening his position on exchange levies. 

On the Singapore bourse, around 34.7 million offers worth S$73 million changed hands.

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Stocks to watch: Datapulse, Creative, CSE Global, SIA, SATS, Compact Metal

THE accompanying organizations saw new advancements that may influence exchanging of their offers on Thursday: 

Datapulse Technology: Its load up, in an elucidation declaration to the Singapore Exchange late Wednesday night, said they didn't know about Ascapia Capital's halfway offer for the organization preceding distributed media articles, incorporating into The Business Times, on March 7. Ascapia, after the stories were distributed, had therefore told Datapulse in a letter that it will make its aims clear before the finish of March 9, 2018 regardless of whether it has a firm goal to make the fractional offer. 

Inventive Technology: Co-author Ng Kai Wa has arranged some of his offers in the innovation organization in the previous couple of days as offer costs kept running up to levels not seen since 2007, capitalizing on S$1.8 million all the while. As indicated by a Singapore Exchange recording on Wednesday evening, Mr Ng arranged 95,650 offers in the organization on March 6, getting S$868,799 in this exchange. On March 5, he additionally arranged 104,350 offers adding up to S$939,150. That gets his present intrigue Creative to an aggregate of 2,148,555 offers, or 3.055 for each penny. 

CSE Global: Quarz Capital Management said it is happy with the profit direction gave by CSE Global after a gathering on March 5 with the administration of the mainboard-recorded organization. In a letter to the CSE board on March 7 - which was set up around the same time on the Singapore Exchange site by CSE - Quarz said it "respects CSE's load up and administration for giving an unmistakable profit direction of 2.75 Singapore pennies an offer for 2018... adding up to a potential appealing profit yield of 7.4 for every penny". The dissident reserve had distributed an open letter on Feb 26, calling for "money teach" and higher profits from the procedure control and interchanges organize framework integrator. 

SIA and SATS: Singapore's national bearer declared on Thursday it has gone into a non-authoritative manage ground handler SATS and obligation free retailer DFASS (Singapore) to take a shot at a joint wander (JV) venture in movement retail. The trio will offer inflight and ground-based obligation free and obligation paid products, and additionally mail arrange and pre-arrange administrations, Singapore Airlines (SIA) said in a recording with the Singapore Exchange. The JV is expected to be helped out through a joint wander organization, DFASS SATS, which is currently possessed similarly by DFASS and SATS entirely claimed auxiliary, SATS Asia-Pacific Star (APS). Under the terms of a Points of Agreement, SIA will buy 70 for every penny of the issued share capital of DFASS SATS from DFASS and APS, SIA said. 

Minimal Metal Industries: It declared that an offer to leave the Singapore Exchange's watch list has flopped as the organization has not yet finished review of its monetary proclamations for the 2017 budgetary year. Be that as it may, the aluminum item provider said that the SGX has conceded it an augmentation of one month till Apr 2, 2018 to meet the necessities for an exit from the watch list. Minimized Metal was put on the watch list on March 4, 2015.

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Singapore shares open lower on Wednesday, STI down 0.7%

SINGAPORE stocks opened lower on Wednesday, with the Straits Times Index dropping 25.5 focuses, or 0.7 for every penny to 3,466.42 starting at 9.03 am.

This came as Asian markets, including Tokyo and Australia, got hammered in early morning exchanging after US top monetary guide and a key adversary of tarrifs, Gary Cohn, reported that he would leave from his post.

On the Singapore bourse, around 87.8 million offers worth S$122.9 million changed hands.

Washouts dwarfed gainers 112 to 46.

The most effectively exchanged counters were Genting Singapore which fell 1.77 for every penny, or two Singapore pennies to S$1.11 with 14.9 million offers exchanged; and CWX Global which was up 14 for each penny or 0.1 Singapore penny to 0.8 Singapore penny with 9.9 million offers exchanged.

Other dynamic record stocks included Keppel Corporation which fell 1.6 for every penny to S$7.54, and UOB which was down 1.2 for each penny to S$27.90.

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Stocks to watch: Chip Eng Seng, Creative, IPC, Yoma Strategic, Y Ventures, Alliance Mineral Assets

SINGAPORE - The accompanying organizations saw new advancements that may influence exchanging of their offers on Tuesday (March 6).

Chip Eng Seng: The gathering will broaden into the training segment, and will look for investor endorsement through an uncommon general gathering to do as such.

Inventive Technology: Creative's offers hit their most elevated notes in 10 years on Monday, fanned by energetic reports on its yet-to-be-propelled sound tecnology. On Monday, the counter went as high as S$9.77 in intra-day exchange, before shutting at S$8.75. The week-long rally has taken the stock to levels last observed in 2007, and some market watchers are sounding alert.

IPC Corp: No compulsory offer for IPC's outstanding offers will be activated by Catalist-recorded Asia-Pacific Strategic Investments' obtaining of offers from certain current IPC investors. This comes after magnate Oei Hong Leong pulled back from the offer. He has a 32.96 for each penny stake in IPC.

Yoma Strategic Holdings: Yoma intends to procure a 34 for each penny stake in Digital Money Myanmar Co, Ltd (Wave Money) from First Myanmar Investment Company for US$19.4 million. Yoma said the securing will lead its venture into the budgetary administrations segment that will focus on the underserved advertises in Myanmar through installment and loaning offerings.

Y Ventures: The organization has set up another auxiliary in Singapore, Luminore 8, to build up a world-class web based business purchasing stage that will center around cross-fringe buys for the benefit of customers crosswise over Asia. Prior, Y Ventures marked a notice of comprehension for coordinated effort with Singapore Post to take a shot at this.

Partnership Mineral Assets: Trading stop has transformed into a suspension pending the arrival of a declaration.


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Singapore shares open up on Monday; STI rises 0.2%

SINGAPORE - Singapore stocks opened 0.2 for each penny higher on Monday (March 5), with the Straits Times Index rising 7.75 focuses to 3,486.95 as at 9.03am. 

Around 85.9 million offers worth S$144.8 million altogether changed hands, which worked out to a normal unit cost of S$1.69 per share. 

The most effectively exchanged counter was DISA, which was level at one Singapore penny with 10.6 million offers evolving hands. Different actives included Thai Bev and Genting Singapore. 

Dynamic record stocks included DBS, exchanging at S$28.49 each, up eight Singapore pennies or 0.28 for each penny, and producer AEM Holdings, down two Singapore pennies or 0.31 for each penny at S$6.39. 

The drop goes ahead news that the gathering's biggest investor, Orion Phoenix, had sold four million offers to long-just institutional and family subsidizes on March 2 at S$6.10 each, about S$24.4 million on the whole. 

Gainers dwarfed failures 76 to 64, or around six up for each five down. 

Somewhere else, Tokyo stocks opened lower on Monday with steelmakers and different exporters falling in the midst of waiting stresses of an exchange war. 

The benchmark Nikkei 225 list slipped 0.43 for each penny or 90.51 focuses to 21,091.13 in early exchange while the more extensive Topix file was down 0.44 for every penny or 7.58 focuses at 1,700.76.

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Singapore Stocks to watch

SINGAPORE - The accompanying organizations saw new advancements that may influence exchanging of their offers on Thursday (March 1): 

Singapore Exchange (SGX): SGX has risen as one of the contenders for a controlling stake in the Tel Aviv Stock Exchange, as indicated by Israeli media reports. In excess of 10 remote stock trades have communicated enthusiasm for becoming tied up with the trade by consenting to non-revelation arrangements, Reuters revealed late Tuesday. Israeli media said these included trades in London, Toronto, Hong Kong, Singapore, Australia and Warsaw. The stake is esteemed at around US$147 million, and the due date for recommending an intrigued purchaser is April, as indicated by innovation news site CTech. SGX shares fell 10 Singapore pennies or 1.31 for every penny to S$7.55 on Wednesday. 

Vard Holdings: Vard's net misfortune for the final quarter developed to 131 million Norwegian kronor (S$22.1 million) from 67 million kronor for the year-back period. Misfortune per share compounded to 0.11 krona, from a misfortune for each offer of 0.06 krona in the earlier year. For the three months finished Dec 31, income went up 25.3 for every penny to 2.69 billion kronor from 2.15 billion kronor the earlier year. Vard shares completed level at S$0.25 on Wednesday. 

Yangzijiang Shipbuilding (YZJ): YZJ saw its final quarter net benefit hop 12 for each penny on higher turnover, other pay and lower fund costs. Net benefit for the quarter finished Dec 31 was higher at 678 million yuan (S$142 million) contrasted with 608 million a year prior. Income rose 15 for each penny to 6.35 billion yuan on higher commitments for every one of the three shipbuilding related fragments. The gathering proposed a last profit of 4.5 Singapore pennies for every offer for FY17, up from 4 Singapore pennies for every offer for FY16. YZJ shares shut at S$1.51 each on Wednesday. 

Wander Corporation: Venture's net benefit dramatically increased in the final quarter, surging 164.5 for every penny to S$143 million on higher innovative work (R&D) income. Income for the three months finished Dec 31 was S$1.09 billion, up 27 for every penny from the year-back period. This is Venture's third straight quarter of income above S$1 billion. A last profit of 60 Singapore pennies was proclaimed, up 20 for every penny from 50 Singapore pennies in a similar period a year ago. Wander shares rose 46 Singapore pennies or 1.7 for each penny to S$27.56 on Wednesday, before comes about were discharged. 

UOB Kay Hian: UOB Kay Hian posted a 85 for every penny increment in final quarter net benefit to S$21.84 million as its bonus wage developed with higher market volumes. Profit per share for Q4 were 2.75 Singapore pennies, up from 1.51 Singapore pennies for a year prior. Add up to income was 16.2 for every penny higher at S$105.31 million for the three months finished Dec 31,2017. UOB Kay Hian shut level at S$1.41 on Wednesday

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Singapore shares open level on Wednesday; STI up 0.7%

SINGAPORE - Singapore stocks opened level on Wednesday (Feb 28), with the Straits Times Index increasing 0.7 for each penny or 24.82 focuses to 3,565.21 as at 9am.

Overnight, Wall Street stocks faltered after congressional declaration from new Federal Reserve boss Jerome Powell resuscitated stresses over higher financing costs, AFP announced. The Dow Jones Industrial Average fell 1.2 for every penny to complete at 25,410.03; the wide based S&P 500 dropped 1.3 for each penny to end the day at 2,744.28, while the tech-rich Nasdaq Composite Index lost 1.2 for every penny to 7,330.35.

On the Singapore bourse, around 99.6 million offers worth S$332.2 million changed hands. Failures dwarfed gainers 77 to 49.

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Stocks to Watch: Banyan Tree, Golden Agri, Olam, Maxi-Cash

Stock Picks Singapore – On that day the ensuing companies saw new advancements that may influence trading of their business.

Top three stocks recommendation for SGX traders

Banyan Tree Holdings:Banyan tree last day disclosed a 54 percent down in net profit to S$3.9 million for the fourth quarter concluded the last December. Credit increased 9 percent to S$88.9 million, on largest credit identification from Laguna park townhomes and villas and Cassia Phuket condominiums, additionally active accomplishment from its Thailand and Seychelles resorts.
Income per business or shares down from 1.11 Singapore cents to 0.49 cent for the quarter.
The association has recommended a first and final one-tier cost cleared cash dividend of on Singapore percent traditional business for FY17.
Business in Banyan Tree locked on S$0.63 individually on Monday.

Golden Agri-Resources:Golden Agri has announced a deficit of US$29 million for the fourth quarter finished December last day, of last year.
Because of a deterioration deficit in China capital recognized in the fourth.
The dividend for the fourth current year shift 10 percent to US$1.9 billion, as manufacture figure and CPO (crude palm oil) prices, dismiss.
In comparison to last year, Damage per share came up to 0.23 US percent, and income up to per share of 0.36 cent.
The association has expected a closing dividend of 0.116 Singapore cent per dividend.
Golden Agri locked at US$0.271 individually on Monday.

Olam International:
For the last three months closing December dividend boost 18.5 percent to S$7.24 billion from the last year.
A closing traditional dividend per share of four Singapore percents was approved by the panel, up from three Singapore percents in the last year.Olam closed at S$2.28 individually on Monday.

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Reference:- http://www.mmfsolutions.sg/news/stock-picks-singapore-stocks-watch-banyan-tree-golden-agri-olam-maxi-cash/

Have you heard about these Stock Trading Tips?

“Be willing to be a beginner every single morning.” ― Meister Eckhart

The above quote aptly describes the stock market. You might be experienced with trading or may have just started. Uncertainty is the only identity of the stock market and therefore if you see someone asking “how to begin trading in the Singapore stock market?” it is quite natural!

This is also one of the foremost queries trading aspirants ask. Whether they are tempted with the success of other traders or are excited after exploring the prospects of stock trading, this one question comes to the mind of almost every one.

Well, spending time earning in gaining knowledge about all that is required is better than failing in the stock market and then asking it! So if you too are bogged with the same question, you should read this post and gather some valuable advice as stock trading tips from experts.

Start with a virtual Demat Account

“Well begun is half done!” – Unknown

As a beginner, most experts suggest traders begin with a virtual “demat account”. Trading using this account helps you gain that initial knowhow about how trading is done, how money is invested and also what is the right time to target specific sectors.

There are numerous companies offering virtual trading accounts, but the best of all is with SGX Market. Start off with this account to gain that much desirable confidence.

Once you have the confidence and experienced necessary to start stock trading Singapore, you are up to go open a real Demat Account with some professional broker!.......

Read More

These 5 Singapore-Listed Stocks Fell To Zero

What happens next is usually heartbreak as these investments that promised outstanding returns often end in financial losses rather than profits for investors. 

#1 Blumont Group Ltd
 

What happened: At the height of investors’ interest in natural resources company, Blumont, its shares were trading at over $2.45 apiece in the 3rd quarter of 2013 after surging close to 800% in the space of nine months. Today, its shares are worth approximately $0.001, basically next to nothing (as this is the lowest value shares can trade at).

This spectacular rise and subsequent dip in its share price, along with two other related companies, LionGold Corporation and Asiasons Capital Limited (now Attilan Group Limited), over a three-day period sparked one the worst market runs in the history of the Singapore Exchange, wiping out close to $8 billion off the local exchange.

How it ended: In 2014, the regulators took Malaysian businessman and mastermind of the operation, Soh Chee Wen, his girlfriend, Quah Su Ling, and an associate, Goh Hin Calm, to task in relation to fraud in one of the most serious and complex cases of market manipulation in Singapore.


#2 Linc Energy Ltd

What happened: Linc Energy’s Singapore listing was seen as sort of a coup for SGX as the innovative energy firm, spearheading underground coal gasification technology and with high quality oil and gas assets in North America and Australia, leaving the Australian bourse for Singapore, citing its global appeal and access.

Shortly after its arrival in the Singapore market, the Australian authorities began cracking down on a possible site contamination by the company at its local testing facility which left four employees sick, with suspected gas poisoning.

This resulted in the company being taken to court to bear the cost of cleaning up the lands around its testing facility in Australia.


At the same time, it was hit by the weak oil and gas market which crippled its operations and ability extract its oil reserves.

This resulted in growing debts for the company adding up to over A$320 million.

How it ended: The company is in the process of being liquidated after creditors unanimously voted to put it into administration. This was after the company was unable to raise funds amid the tough oil and gas environment, especially with criminal proceedings looming in the background.

Linc Energy founder, Peter Bond, is now in court, along with four other senior executives fighting charges for failing to comply with the country’s Environmental Protection Act.

Linc Energy’s shares: Linc Energy’s shares were suspended in March 2016. Its liquidators have sold some of its assets, and has filed for a one-year extension to submit a proposal to resume trading with SGX.

This means shareholders will continue to be in limbo until liquidators can realise the full assets of Linc Energy and ultimately disburse the amount.

#3 Swiber Holdings Limited
What happened: During its prime, Swiber was trading at over $6.16 in 2007. The company was performing well and winning new and bigger contracts in the oil and gas industry. It was even listed as “Best under a Billion” in the late 2000s.


By 2016, after weathering a downcycle in the oil and gas industry for over a year, it was left facing hundreds of millions of dollars in debt and weak business prospects. This culminated in the company filing for judicial management.

How it ended: Swiber’s business gradually deteriorated after the slump in the oil and gas markets. In 2015, it posted losses of over US$27 million. By 2016, Swiber became one of the biggest casualties of the oil and gas slump in the Singapore market.

It had also defaulted on bond payments due at the end of that year, which affected many investors in Singapore who had been sold the high-yield bonds.

Swiber’s shares: By the time its shares were suspended from trading in July 2016, it was trading at just $0.109. Its shares are still suspended today, and the management is still working to liquidate its assets.


#4 Saizen Real Estate Investment Trust (REIT)
What happened: Saizen REIT sold off its entire portfolio of Japanese residential properties for $542.8 million to Japan-based Triangle TMK in March 2016. This was at a 3.4% premium to its appraised asset value, and 36.9% above the closing price immediately prior to the announcement.

How it ended: As expected, its shares dipped to under $0.03 per share after selling its assets and distributing most of the proceeds to unitholders in March 2016. The deal effectively rendered Saizen REIT a cash trust.

In the next one year, its share price turned volatile as it seeked new business. In August 2016, it entered into an official agreement with Malaysia’s Sime Darby to explore the possibility of an reverse takeover (RTO) deal to inject its Australian properties into the company.

Saizen REIT’s shares: Saizen REITs share price began a period of see-saw on the back of several announcements regarding the possible RTO deal with Sime Darby.

On 1 October 2016, its share price plunged to $0.03 after announcing that it could not reach an agreement with Sime Darby on a proposed RTO deal. Just a few days later, on 10 October 2016, it announced it that the RTO agreement with Sime Darby was proceeding with an injection of 20 industrial properties in Australia into the REIT. This caused its share price to rocket to the $0.06 level once again.

On 3 January, it announced that the proposed RTO would be delayed due to “the transaction process taking longer than originally envisaged.” While this did not spook investors, it finally announced on 10 March that the RTO was not feasible – this pushed its share price back down to under the $0.03 level.

Trading in the REIT’s shares was suspended from 16 may 2017 at a price of $0.033, and it has since announced that the company will be liquidated and unitholders will receive $0.03378.


#5 Eratat Lifestyle Limited


What happened: Eratat was getting lots of investor interest with growth story – increasing sales and profit figures as well as healthy cash position. The company was also moving into premium segments of its market to boost profitability. 

Abruptly, on 29 January 2014, trading of Eratat shares was suspended. It emerged that Eratat had defaulted on its bond interest payments, and as a result, the bondholder was going to redeem the bond.

It further emerged that the company’s Audit Committee was unable to get satisfactory answers from the CEO as to why this happened when it had sufficient funds to pay it off. The CEO was subsequently suspended from his duties.

The Audit Committee tried to verify Eratat’s bank balances in China but could not verify this after its bank stated there were “discrepancies” in the statements. After further liaison, the Audit Committee found that instead of the RMB577 million indicated by the CEO in an online transcript, the company had less than RMB74 million. In addition, it also owed previously unreported bank borrowings and trade bills of RMB64 million.

How it ended: On 30 May 2014, the company filed a report with The China Banking Regulatory Commission (CBRC) based Fujian and the Commercial Affairs Division (CAD) in Singapore.

On 18 August 2014, the company released an announcement stating that the CBRC had confirmed that the CEO of Eratat was found to have forged bank documents. Even worse, he had used the bank’s premises to hand forged bank statements to the Audit Committee.

Eratat’s shares: On 28 August, Eratat was placed under judicial management. On 12 Jan 2015, the company announced that it was in talks with a real estate company to transfer its listing status.

It’s Time to Prioritize on the Best Stock Investment Strategy

While trading in Malaysia/ Singapore stock market, usually the investors think that there are advantageous strategies to be followed to get instant success. But in real, there is no flawless system or any strategy to guarantee the success.

Although, there are some stock picking ways that can help you to predict the stock prices for profitable returns. Here are some of the remarkable hot stock pick strategies are shared with you that will help you to generate profits.

Value Investing:

It is one of the oldest methods which are in use by the investors. The traders who follow value investing strategy look for the strong fundamentals for profitable earnings. (The traders who follow value investing strategy, they should look for the strong fundamentals for profitable earnings.)

The value investors always aim for the companies that are undervalued, thus have the probability of increasing the prices of stocks. . In addition to this, value investors have to be confident about the probability as they pick a company that is cheap with undervalued stocks.

Growth Investing:

The investors who follow the growth investing strategy emphasize on future growth of the company instead of focusing on current price. Growth investors pick the stocks which trades highly than its present worth. However, analyzing & finding the best suitable stock may be the difficult part of investing therefore its recommended to get the stock picks Singapore from an expert so that the stock picks provided by them will assist you in choosing suitable stock for your investment.

Portfolio Diversification:

The portfolio diversification is for reducing the beta risk by choosing the lower co-relation stocks.

The lower correlation stocks are beneficial for you in a way that if you lose one investment; you gain another one and thereby investors won’t lose as well as lower down the risk factor.

Qualitative Analysis:

Qualitative analysis is one of the important factors which determine how valuable the company is. The product of the company with their offerings is the main factor to check the quality of any company.

Besides this, what amount of revenue the company is generating revenue is also an important factor which decides for buying a stock.

The Wrap:                                 

While picking a stock from the company you’re trading in, it’s mandatory to look out the other factors which affect performance of a company to check out the qualitative value in which you’re going to invest. For the money making venture, emphasizing on the sales and earnings of the company is the productive method to assess the company’s investment.

CapitaLand’s Ascott group acquires additional 60% stake

The Ascott, an entirely claimed auxiliary of CapitaLand, toward the beginning of today declared that it is securing an extra 60% stake in Quest Apartment Hotels for A$180 million ($191 million).

Ascott’s stake in Quest will increment to 80%, from its current 20%, turning into the greater part shareholder in Quest.

With the procurement, the gathering will turn into the biggest overhauled living arrangement supplier crosswise over Australia, New Zealand, and Fiji.

Simultaneously, Ascott has the alternative to procure the staying 20% stake in Quest, however subject to terms and conditions.

The procurement will likewise help Ascott’s worldwide portfolio by more than 11,000 units to an aggregate of 67,000 units crosswise over 507 properties and 124 urban communities all around.

Lee Chee Koon, Ascott’s Chief Executive Officer, said, “Since Ascott’s procurement of a 20% stake in Quest in 2014, Quest’s system income has seen a sound yearly development of 6%, bringing about solid yearly benefit profit principally from Quest’s repeating expense wage. Ascott will appreciate the repeating establishment charges that Quest procures from its establishment properties and improve the strength of our portfolio pay and profit for value.”

Offers of CapitaLand last exchanged 1 penny higher at $3.51.

Hot Stock Of Singapore SGX Market

• Jadason^
• SingTel
• Genting Sing
• Chasen^

So Earn More with Intraday Trading Signals

Reference: http://www.mmfsolutions.sg/news/singapore-share-market-update-2/