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Author: traderhub8   |   Latest post: Fri, 13 Dec 2019, 8:27 AM


Phillip Capital Morning Note - 13 Nov 2019

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US stocks ended mixed on Tuesday but the Nasdaq posted a new record even though investors still have not received clarity on an agreement to end the US-China trade war.

NET loss for Ezion Holdings swelled to US$75.4 million in the third quarter ended Sept 30 from a net loss of US$8.06 million a year ago, it announced in a Singapore Exchange filing on Tuesday.

Raffles Education Corporation narrowed its net loss for the first quarter to S$8 million versus S$19.8 million a year ago as revenue picked up, it announced on Tuesday.

Net profit for Centurion Corporation rose 21 per cent to S$8.8 million in the third quarter ended Sept 30, the student and worker dormitory operator said in a Singapore Exchange filing on Tuesday.

MAINBOARD-LISTED food and beverage player BreadTalk Group has posted an 81 per cent drop in its third-quarter net profit, weighed down by an over 34 per cent spike in distribution and selling expenses.

City Developments Limited's (CDL) third-quarter net profit sank 33.7 per cent year-on-year to S$114.96 million, weighed down by impairment losses and transaction costs arising from Millennium & Copthorne Hotels' (M&C) delisting last month.

CATALIST-LISTED investment firm Pine Capital, which had recently been in a legal tussle with its former chairman, expects to post a wider net loss for the half-year ended Sept 30.

CROMWELL European Reit (Cromwell E-Reit) on Tuesday reported that its distribution per unit (DPU) for the third quarter ended Sept 30 rose 1 per cent to 1.01 euro cents from one cent a year ago.

Source: SGX Masnet, The Business Times, Bloomberg, Channel NewsAsia, Reuters, PSR

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Related Stocks

Chart Stock Name Last Change Volume 
Ezion 0.043 0.00 (0.00%)
Raffles Edu 0.088 +0.002 (2.33%) 322 
Centurion 0.435 -0.01 (2.25%) 160 
BreadTalk 0.61 -0.005 (0.81%) 91 
CityDev 10.88 +0.18 (1.68%) 639 
Pine Cap 0.001 0.00 (0.00%)
CromwellReit EUR 0.525 0.00 (0.00%) 1,757 

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