lol first class infrastructure also can system down
Maybe too much transactions until system crash

Because bolehland cut rate huh...

This post has been edited by nexona88: Jul 14 2016, 08:48 PM

Katrina Group has launched its initial public offer (IPO) of 35.8 million new shares at 21 cents each on the Catalist board of the Singapore Exchange.

Katrina does not have a fixed dividend policy, but intends to distribute dividends of no less than 60% of earnings for FY2016 to December.

The placement closes on July 22, and Katrina’s shares will start trading on the Catalist Board on July 26.

http://www.theedgemarkets.com/my/article/k...?type=Corporate

Accordia is flying!

Any news?

its summer in Japan.. so, golf business is at its max....

Last 2 Qtrs was not great. So, this climb in price is a rather pleasant surprise

Check this news out...

http://www.ft.com/cms/s/0/5918bffe-4a66-11...l#axzz4Eii1wcyO


"Accordia Golf (2131.T) shares rose as much as 13 percent on Friday after sources told Reuters that South Korean private equity firm MBK Partners is planning to buy the Japanese golf course operator in a deal that could value the company as much as 160 billion yen ($1.5 billion).

"As of 0408 GMT, shares of Accordia were up 9.2 percent at 1,178 yen after touching 1,218 yen, their highest since September.

"The company said in a statement that such a plan has been under consideration but that it has nothing to disclose at this stage."


http://nicosiamoneynews.com/2016/07/15/mbk...-accordia-golf/

Rumour to jack up share price or FOR REAL?

WOW!
Good find!

http://www.sgx.com/wps/portal/sgxweb/home/...kfacts?code=BLS


Hotung Investment Holdings Limited is a venture capital firm specializing in start-up and expansion stage investments. It seeks to invests in businesses globally and across a variety of industries, that aim to improve general living standards. The firm primarily invests in consumer products, retail sectors (including online retail), photonics, precision component manufacturing, bio- technology, as well as culture creative industries in Greater China. It has been engaged by the Taiwanese government since 2011 to participate in its investment programs. Hotung Investment Holdings Limited was founded in 1997 and is based in Taipei, Taiwan.


anyone looking at this?

5.47 NOW.. anytime will be below 5.30 soon

I havent changed sgd. No more bullet to buy

Keppel Sees Prolonged Dearth Of Oil-Rig Orders Amid Glut

(Bloomberg) -- Keppel Corp., the world’s largest builder of oil rigs, sees little prospect of an improvement in global demand amid a supply surplus that’s caused quarterly profit to fall to the lowest in almost a decade.

The company may consider reducing its workforce and mothballing some facilities in its rig-building operations because of excess capacity, the Singapore-based company said Thursday. Keppel Offshore & Marine Ltd. has already shrunk its workforce by about 11,000 and subcontractor headcount by some 8,500 since 2015, according to Chief Executive Officer Chow Yew Yuen.

"It’s about hunkering down," Keppel Corp. Chief Executive Officer Loh Chin Hua said at a briefing. "What we have seen in the industry, it’s not just about oil prices. We have to look at the oversupply of rigs and the current situation with the traditional customers."

Keppel sees a long, harsh "winter" in its rig-building business after net income fell 48 percent in the second quarter to S$205.8 million ($152 million). The company is among Asian shipyards that have cut jobs and are considering dock closures after oil prices more than halved in two years, leading to a slump in orders for offshore drilling and production, deferrals and cancellations.

The company has been hit by non-payments from one of its biggest clients, Sete Brasil Participacoes SA, which filed for bankruptcy protection in April.

Shares of Keppel fell as much as 1.8 percent to S$5.48 and traded at S$5.50 as of 9:27 a.m. in Singapore, while smaller rival Sembcorp Marine Ltd. dropped 2.6 percent to S$1.485. The stocks have both fallen about 15 percent this year, compared with a 1.8 percent advance in the benchmark Straits Times Index.

Keppel said the order outlook is weak because of oversupply of oil rigs and falling day rates, or the fees charged to lease a drilling rig. Demand is expected to return eventually when oil companies curb falling production and replenish declining reserves to meet the world’s requirements for fossil fuels. Revenue at Keppel fell 37 percent on year to S$1.63 billion in the second quarter.

The company has requests to defer delivery of three jackups for Grupo R, a Mexican energy company, and one jackup for Uruguay-based Parden Holding to next year, and will be compensated, it said. Jackup rigs are used in shallow waters and have extendable legs that allow them to stand on the ocean floor.

The offshore division has secured more than S$460 million of new orders in the year to date, with deliveries stretching into 2021. Its orderbook stood at S$4.3 billion at the end of June, falling from S$9 billion at the end of December 2015. The contract backlog excludes orders from Sete Brasil, for which Keppel has stopped construction pending payment.

"Even if new orders materialize in the coming quarters, we reckon that operating margins on those contracts will likely be mid-high single digit at best," Royston Tan, an analyst at Daiwa Capital Markets in Singapore, wrote in a note.

Sete Brasil accounts for a combined $10.5 billion in orders for semi-submersibles and drill ships at Keppel and Sembcorp Marine. The Brazilian company fell into financial difficulty after it was unable to secure long-term financing and its only client, state-run oil producer Petroleo Brasileiro SA, faced allegations of kickbacks.

The investigations into the scandal have wiped out nearly half of Brazil’s naval industry jobs in the past two years, leaving companies bankrupt and creditors unpaid. Keppel and Sembcorp Marine have yards in that country to cater to demand.

Other Asian shipbuilders face a similar situation as orders have dwindled. South Korean shipyards such as Daewoo Shipbuilding & Marine Engineering Co. are seeking to raise a combined 8.41 trillion won ($7.4 billion) selling assets as part of a restructuring, which also includes job cuts, after delivery delays led to losses last year.

Keppel’s property and real estate division was the biggest contributor to second-quarter profit and cushioned the impact of weak results in the offshore and marine business.

"A silver lining for Keppel is the resilient trend of urbanization in Asia, buoyed by a growing middle class and continuing rural-urban migration," it said.

While the company is confident in the long-term fundamentals of the offshore and marine industry, "we are mindful that a long downturn may be upon us and we have to position our business accordingly," Keppel Corp. CEO Loh said.

every foreign report i read points to oil going <40 in the coming days/weeks.

no chance for recovery until earliest 2018.

no chance until OPEC cuts production - and that means major chaos for venezuela, nigeria, a few others.

the world now has too much oil, too much gasoline, too much diesel.

demand growing, supply growing faster.

only local politicians and politico-analysts are hopeful at this time.

Hmm,... not easy for Keppel to drop below 5.30.

SGX website is also down.....they need to get a new CEO. This fella is not cutting it.......

Anyone know about this share 41X Singapore O&G which lately climb from .94 cts to new high 1.11 today for less than 2 wks?

As regards to Singapore O&G (41X) for less than 2 wks this share raise from .94 to 1.09. Any opinion n advice whether worth holding long term?

This post has been edited by Sandy2028: Jul 28 2016, 07:59 AM

Why no one talks about REITS?

sure we do:
https://forum.lowyat.net/topic/2504121/+2580

5.27 now.. Hansel... admist all the negative news..it still holding up.

Yes,... looks like finally dropped below 5.30,...dipped to 5.25 today,....