Many China gov linked companies will look to capitalize on this so short to mid term should be safe to invest if you are looking for quick buck. Chinese people are rushing to register for stock account and invest and earn fast buck. But people who was stuck in the bear market while ago who already recuperate some or all of their loses will be tempted to sell. As well as some companies who is looking to sell shares to repaid the company debt. Dyodd and don't do margin to be on safe side.
$Wilmar Intl(F34.SI)$ Profit taking. Will monitor when go back in again. Stock price is undervalue consider the asset value of subsidiary and main company combined
$YANGZIJIANG SHIPBLDG HLDGS LTD(BS6.SI)$https://shentonwire.net/2022/04/21/yangzijiang-shipbuilding-shares-materially-undervalued-uob-kh/ Shares of Yangzijiang Shipbuilding (Holdings), or YZJ, are “materially undervalued” at the current stock price, UOB Kay Hian said in a note Thursday. Yangzijiang Shipbuilding is spinning off its investment management business Yangzijiang Financial Holding (YZJFH). Shareholders as of the book closure date will receive one YZJFH share for every Yangzijiang Shipbuilding share held. “Since its IPO in 2007, YZJ has significantly grown and transformed its shipbuilding business, and in addition has the tailwind of high asset prices and charter rates that will benefit its shipping fleet,” the note said. “We believe
$Alpina Holdings(ZXY.SI)$Alpina Registers Net Profit of S$2.03 Million for 1H2022; Announces Interim Dividend of 0.4339 Singapore Cents Per Share • Revenue contribution from the IBS and M&E business segments were lower in 1H2022, while revenue from the A&A business segment increased significantly with more projects completed during 1H2022 • Strengthened financial position as at 30 June 2022 with total assets increasing 27.1% to S$44.69 million as compared to as at 31 December 2021, with cash and cash equivalents of S$13.00 million • Secured six new contracts during 1H2022 with an aggregate provisional contract value of approximately S$9.17 million that are to be completed by the financial year ending 31 December 2028 • Declared interim di
$SINGAPORE EXCHANGE LIMITED(S68.SI)$S Nallakaruppan President THE Society of Remisiers (Singapore) is in total concurrence with Raphael Lim's March 17 BT article "Enabling class action lawsuits could create alternative recourse for Singapore investors". The article is spot on in stating that "legal recourse that enables local retail investors to recover some funds could keep listed companies on their toes and boost confidence and vibrancy in the market". We have about 680 companies listed on the Singapore Exchange and as per the daily postings in BT we have a sizeable 84 companies that have either been suspended or inactive, which is more than a mind-boggling 12 per cent of listed companies in the Singapore market! Many of these companies have