No hope in sight for M1 as cheap promos bite

14 Apr 2016 - Singapore Business Review
Mobile revenue is under threat. Singapore’s smallest telco will endure weaker mobile revenue as operators slash prices on back of looming competition. According to a report by DBS, M1’s mobile service revenue will experience some pressure in FY16 and FY17 due to recent new product launches and promos. ...
sgx:b2f

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Daily Markets Briefing: STI up 2.69%

14 Apr 2016 - Singapore Business Review
Brace for a pullback today. According to OCBC, further strength on Wall Street overnight should keep local sentiment upbeat, although we may see some caution seeping in, especially after the STI’s stronger-than-expected rally of nearly 2.7% yesterday. Not only did the index take out the initial 2850 ...
sgx:^sti

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MAS to stop Singapore dollar from rising in surprise easing of monetary policy

14 Apr 2016 - Channel NewsAsia
SINGAPORE: The Monetary Authority of Singapore (MAS) said on Thursday (Apr 14) that it will ease its monetary policy by not allowing the Singapore dollar to appreciate. The move comes as a surprise as most analysts had expected the central bank to maintain its policy of allowing a modest, gradual appreciation ...

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M1's Q1 net profits fall 6.9% year-on-year

13 Apr 2016 - Channel NewsAsia
SINGAPORE: Local telco M1 saw its first quarter net profit fall 6.9 per cent from a year ago, due to the higher upfront cost of attracting new customers. In a statement on Wednesday (Apr 13), M1 said it earned S$42.5 million in the three months ended March, down from S$45.7 million a year ago. Operating ...
sgx:b2f

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Keppel Corporation Limited Has Low Valuations Now, But There’s 1 Key Risk To Note

13 Apr 2016 - The Motley Fool Singapore
Investors who are out looking for stocks with low valuations might want to meet the marine engineering and property development conglomerate Keppel Corporation Limited (SGX: BN4). At the company’s current stock price of S$6.06, it has a price-to-earnings (PE) ratio of 7.2 and a price-to-book (PB) ratio ...
sgx:es3 sgx:^sti sgx:bn4

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3 Things You Need To Know About the Singapore Stock Market Today

13 Apr 2016 - The Motley Fool Singapore
Welcome to Wednesday evening! Here are three things about Singapore’s stock market and investing in general that you might want to look at today and over the rest of the week. 1. Benjamin Graham is a legend in the investing business. Given his stature, it would be interesting to know of what he might ...
sgx:c31 sgx:bn4

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What Has Caused Sheng Siong Group Ltd’s Returns To Decline?

13 Apr 2016 - The Motley Fool Singapore
Sheng Siong Group Ltd (SGX: OV8) is a company that may be familiar for many in Singapore. That’s because the supermarket operator has 39 retail outlets scattered across the island as of 31 December 2015. The company was listed on Singapore’s stock market in 2011 and since then, it has been involved with ...
sgx:ov8

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Sinarmas Land seeks Indonesian REIT listing, more overseas deals to combat valuation slump

13 Apr 2016 - Singapore Business Review
It's also bullish on the Indonesian property sector. Sinarmas Land's shares have lost almost half of their value in just little over a year. Singapore Business Review caught up with Ferdinand Sadeli, Chief Financial Officer of Sinarmas Land, to discuss how the company plans to drive growth despite escalating ...
sgx:a26

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Fintech only regulated when posing issues: Ravi Menon, MAS

13 Apr 2016 - DealStreetAsia
Financial technology companies in Singapore will only be regulated when they start to present problems to the mass market, Ravi Menon, the head of the Monetary Authority of Singapore (MAS), told reporters in New York yesterday. MAS, which acts as the central bank of Singapore, governs financial institutions ...

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Is Yangzijiang Shipbuilding Holdings Ltd Undervalued Now?

13 Apr 2016 - The Motley Fool Singapore
The aptly-named shipbuilder Yangzijiang Shipbuilding Holdings Ltd (SGX: BS6) announced this morning that it has been awarded new orders for six VLOCs (Very Large Ore Carriers) from ICBC Leasing, one of the largest ship owners in China and a wholly-owned subsidiary of ICBC, China’s largest state-owned ...
sgx:bs6

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