Equation Corp Limited
Equation Corp Limited - Results Update
Yeak Chee Keong
-
Thu, 2 September 2010
FY6/10 revenue of $29.4mil (-22.3% y-o-y) and gross profit of $5.5mil (-21.6% y-o-y) were in line with our forecasts. Actual revenue and gross profit made up 98.3% and 94.3% of our FY6/10 estimates respectively. At the bottomline, net loss of $6.5mil was better than our estimate of a $12.6mil loss.
CFM Holdings Limited
CFM Holdings Limited - A Strong-Performing Year (Update)
Ng Kian Teck
-
Wed, 1 September 2010
On 23 August 2010, CFM Holdings Limited announced their FY 2010 results. FY 2010 revenue and net profit were 91.5% and 121% of our prior FY10F estimates respectively. Revenue for the financial year grew 17.9% YoY whilst net income soared 149% over the same period.
Kian Ann Engineering Ltd
Kian Ann Engineering Ltd - Loaded with Cash (Update)
Ng Kian Teck
-
Mon, 30 August 2010
Kian Ann Engineering Ltd's FY2010 revenue and profit outperformed our prior forecasts by 5% and 8% respectively. For the financial year, revenue grew 10.8% YoY to S$149.4m whilst profit increased 17.3% to S$13.6m over the same period, on the back of global economic recovery and better business sentiment.
Petra Foods Limited
2QFY10 Results - Strong growth momentum to spillover to 2HFY10
Angelia Phua
-
Fri, 20 August 2010
In view of the strong set of 2QFY10 results and strong growth momentum in both the Branded Consumer and Cocoa Ingredient operations, we raised our FY10 and FY11 earnings growth to 51.2% (previously 31.0%) and 34.7% (previously 33.0%) respectively. We value Petra Foods at S$1.56 and maintain our recommendation of a Long-term BUY in view of positive catalyst from earnings and potential strategic investment moves.
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Financial Blogs
Does Intel's lower Q3-2010 guidance affect a number of my Stock Picks which are in the semi-con equipment sector ??!!
Tue, 31 Aug 2010
-by Kevin Scully
Double dip or mild recovery in the US.....the uncertainty is causing a boom in the bond market and low volumes in equities......
Mon, 30 Aug 2010
-by Kevin Scully
PM's comments on the transport sector in particular the MRT system.....should be good for one of my Stock Picks Hock Lian Seng.....find out why ???!!!
Mon, 30 Aug 2010
-by Kevin Scully
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