tanks09
2021-10-25
Means all will go up?
Stocks to watch: CapitaLand Integrated Commercial Trust, Singtel, SATS, Sembmarine
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Gross revenue for Q3 also more than doubled to S$329 million from S$150.3 million in the prior year, largely driven by the enlarged portfolio from the merger of CapitaLand Mall Trust and CapitaLand Commercial Trust last year. Units of the trust closed flat at S$2.13 on Oct 22, before the results were released.\nSingtel: (Z74) The telco operator announced on Monday (Oct 25) that its cybersecurity arm Trustwave has divested SecureTrust, its payment card industry compliance business, to Sysnet Global Solutions, for a cash consideration of US$80 million. This comes as part of Singtel's strategic review of its digital businesses announced in May. Shares of Singtel closed up S$0.02 or 0.8 per cent at S$2.57 on Friday (Oct 22).\nSATS: (S58) The ground-handling and catering service provider has appointed Kerry Mok as chief executive of the company effective Dec 15 in a bourse filing on Friday (Oct 22). He is currently the chief executive of SATS' food-solutions business, and replaces Alex Hungate who will leave SATS in December to join Grab as its chief operating officer from Jan 4. Shares of SATS closed up 0.5 per cent or S$0.02 to S$4.28 on Oct 22 before the announcement.\nSembmarine: (S51) The offshore and marine builder on Sunday (Oct 24) clarified media reports on the Johan Castberg vessel, saying that the project plans were for the vessel to be completed in Norway. \"Serious manpower shortages\" were reported on the yard due to the pandemic, and the unfinished hull and turret for the vessel were set to be transported to Norway due to delays and escalating costs. Sembmarine shares ended 1.3 per cent or S$0.001 lower at S$0.79 on Friday (Oct 22).\niFast: (AIY) The wealth management services provider reported its Q3 FY2021 profit rising 23.3 per cent to S$7.6 million from S$6.2 million a year ago in a bourse filing on Sunday (Oct 24). Revenue rose 23.4 per cent to S$55.5 million as the assets under administration jumped 46.1 per cent to S$18.4 billion as at Sep 30, 2021. Shares of iFast closed down 3.4 per cent or S$0.34 to S$9.60 on Friday.\nComfortDelGro (CDG): (C52) The transport provider has reported that its Australian unit, CDG Corp, is hungry for acquisitions while forecasting profitability according to a bourse filling on Friday (Oct 22). CDG Corp expects to post a top line of A$672 million (S$676.5 million) and a profit of A$42.1 million, up 14.1 per cent a year ago. Shares of ComfortDelGro closed flat at S$1.56, before the news.\nTrading halt: Engineering services provider Koh Brothers Eco Engineering (5HV) on Monday morning (Oct 25) requested a trading halt pending a release of an announcement. Shares of Koh Brothers Eco Engineering last traded at S$0.057 on Friday up 3.6 per cent or S$0.002.","news_type":1},"isVote":1,"tweetType":1,"viewCount":421,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"CN","currentLanguage":"CN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"upFlag":false,"length":17,"xxTargetLangEnum":"ZH_CN"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/856057424"}
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