UOB Kay Hian releases 1H07 results
By JL | August 15, 2007
It’s finally out, and what a fantastic set of results! And what an unbelievable dividend payout! The full report is here.
Here’s a quick summary of the highlights:
Topics: UOB Kay Hian | 1 Comment »
Swiber Release of 1H07 Results
By Pehon | August 7, 2007
Swiber has announced that they will be releaseing 1H07 results on the Read the rest of this entry »
Topics: Swiber | 1 Comment »
CHINA HONGXING’S 1HFY2007 NET PROFIT JUMPS 110.3% TO
By Pehon | August 7, 2007
Extracted from China Hong Xing’s 1H2007 press release.
- Turnover rose 42.6% to RMB898.9 million driven by an extensive advertising
promotion campaign and sponsorships - Gross profit margin improved from 33.8% in 1HFY06 to 42.0% in 1HFY07 due to
higher selling prices, change in product mix and greater economies of scale - Net profit climbed 110.3% to RMB168.8 million on the back of higher turnover
Topics: ChinaHongXing | 1 Comment »
Trading curbs In NYSE on Friday Trading
By Pehon | August 5, 2007
Once again, the Dow Jones Industrial Average closed sharply lower by 281.42 points or 2.09%. The Dow Jones Industrial Average is currently 13181.91, about 820 points from its record close of 14,000.41.
This is the 3rd time in 2 weeks trading curbs has gone into effect.
So what caused the sharp fall?
Read the rest of this entry »
Topics: Indexes&Economy | 2 Comments »
China Hong Xing 1H07 Results Date
By Pehon | August 5, 2007
I’ve contacted China Hong Xing’s investor’s relation office, and found out that they are due to release their 1H07 Results on the Read the rest of this entry »
Topics: ChinaHongXing | 2 Comments »
China Hong Xing, ripe for a rebound
By Pehon | August 2, 2007
China Hong Xing’s stocks has been badly hit by the recent correction.
China Hong Xing’s stocks started its fall on 18th July 2007, the same day the STI started showing its weakness.
Read the rest of this entry »
Topics: ChinaHongXing | No Comments »
FA: UOB Kay Hian
By JL | August 2, 2007
UOB Kay Hian (U10.SI) is the largest stock broking firm in Singapore (it accounts for at least 10% of all the trades done in SGX) with an outstanding track record and diversified geographical reach (businesses also in HK and Thailand). With the record (and still increasing) trading volumes witnessed since the bull run began last year, it is natural that brokerage firms like UOBKH, Kim Eng and GK Goh etc have been reaping huge profits.
Stock performance YTD has been rather unusual, given its traditionally dormant nature. It opened from $1.32 and jumped spectacularly to $2.87 at one point last month, before the big correction set in the last couple of weeks and dropped it all the way down to $2.34 (as of 2 Aug). Current support level is between $2.26 to $2.34. So, this to me is an excellent time to accumulate to cash in on its potential.
Without lingering on perceptions, let’s move on to the facts that really matter. Read the rest of this entry »
Topics: Company Review | 7 Comments »
We’re looking for new Team mates!
By Pehon | August 1, 2007
We’re currently looking for new bloggers to join our team!
With increasing traffic into WorldBestPortfolio.com, its imminent that WorldBestPortfolio.com start increasing the number of quality reports, both Fundamental reports and Technical reports.
We are currently looking for Fundamental Analysis Bloggers and Technical Analysis Bloggers.
For more details, visit http://worldbestportfolio.com/join-us/
Topics: News | 1 Comment »
The Falling Market
By Pehon | August 1, 2007
The current market thrend is making people like me look stupid. Extremely stupid.
Here I am preaching investment for the long term.
It was just yesterday that I recommended readers to buy shares they have been eyeing for a long time, while they have a relatively cheap valuation.
So what now. I’ve no change in my recommendations. if i had all the money in the world, I would start accumulating the following stocks. They have fallen far from their highs, and close to by previous buy price.
Read the rest of this entry »
Topics: Aztech, Breadtalk, Swiber, Indexes&Economy, ChinaHongXing | 4 Comments »
What are the current risks in the market?
By Pehon | July 31, 2007
Over the last few months, we have seen the market being haunted by global threats to the equity market.
From time and time again, stock markets have corrected from some time to another due to these reasons.
But what are they and how do they affect the stock market?
Topics: Indexes&Economy | No Comments »