Will $SINGAPORE AIRLINES LTD(C6L.SI)$price going up tomorrow as Hong Kong-Singapore Air Travel Bubble to re-start on 26 May.Hong Kong and Singapore will announce a start to their highly anticipated two-way air travel bubble as soon as Monday, according to people familiar with the matter, after multiple delays.Flights under the agreement -- which allows people to travel quarantine free between the financial hubs -- will begin from May 26, said the people, who asked not to be identified as they’re not authorized to speak publicly. The number of flights will be increased by June 26 if there aren’t further outbreaks in either city, one of the people said.Hong Kong and Singapore have been working on the creation of a travel corridor for months afte
The S$8.8 billion that $SINGAPORE AIRLINES LTD(C6L.SI)$raised in a rights issue in 2020 is almost depleted, but global air travel is not coming back in full swing soon. Fresh waves of infections are being reported across the globe, and vaccination rates have been hit by a supply snag. It may need funds again with slow recovery but it has several options besides tapping MCBs.
Hong Kong will suspend flights from India, Pakistan and the Philippines for two weeks from 20 Apr, after the N501Y mutant ** strain was detected for the first time. Will this piece of news further impact on $SINGAPORE AIRLINES LTD(C6L.SI)$price?$5 next solid supporting level?
$CHINA EVERBRIGHT WATER LIMITED(U9E.SI)$has posted 23% growth in earnings of HK$1.02 billion ($174.3 million) for the FY2020 ended December, from earnings of HK$833.5 million a year ago.Group revenue for the year climbed 2% y-o-y to HK$5.66 billion, while gross profit grew 16% y-o-y to HK$2.20 billion.During the period, gross profit margin (GPM) increased 5 percentage points to 39%.Earnings before interest, taxes, depreciation and amortisation (EBITDA) increased 17% y-o-y to HK$1.93 billion.Basic earnings per share (EPS) stood at 35.80 HK cents, up 19% y-o-y.
$KOUFU GROUP LIMITED(VL6.SI)$is set to receive S$11.8 million from a proposed sale of properties at 18 and 20 Woodlands Terrace. The purchaser exercised the option to purchase on March 11, although the sale remains subject to and conditional upon the written in-principal approval from JTC.
The NAV of $SINGAPORE PRESS HLDGS LTD(T39.SI)$is about $2.06, with the diversified efforts such as student accommodation and retail assets, will the intrinsic valuevalue unleashed? Look like undervalued as it is showed by current media and print business performance.Interesting point to monitor in the upcoming finanical announcement on 30 Mar 21.
$THAI BEVERAGE PUBLIC CO LTD(Y92.SI)$has reported earnings of 5.93 billion baht ($252.0 million) for the 2QFY2021 ended March, 19.7% higher than earnings of 4.95 billion baht in the 2QFY2020.This is due to higher earnings in the group’s spirits and beer businesses, as well as the lack of non-recurring costs and deferred tax utilisation related to the restructuring of ThaiBev’s beer business. The figure was mitigated by lower earnings registered from the group’s non-alcoholic beverages business, associated companies, as well as an increase in attributable loss of ThaiBev’s food business.The higher quarterly earnings brings earnings for the 1HFY2021 to 14.40 billion baht, 8% higher than earnings of 13.37 billion baht.2QFY2021 earnings per share (EPS)
$FRASERS LOGISTICS & IND TRUST(BUOU.SI)$is in talks for potential acquisitions of assets in the UK. However, it stated in its regulatory filing on 16 Mar that it is not confirmed any deal will arise from these discussions.
$SEMBCORP MARINE LTD(S51.SI)$has begun exploring alternative sources of skilled labour. This is likely to incur increased manpower costs for ongoing projects. There has been no cancellation of any of existing projects to date.
$THAI BEVERAGE PUBLIC CO LTD(Y92.SI)$ will defer the proposed spin-off and listing of its subsidiary BeerCo on the SGX in view of the current uncertain market conditions and volatile outlook, aggravated by the worsening Covid-19 pandemic in Thailand and other countries.As Thailand is exposed to possible new wave of COVID, further downside as there would be restrictions imposed on alcoholic drinks.
$SIA ENGINEERING CO LTD(S59.SI)$is currently up about 8% now.About 18% of the population already received 1st jab of the vacination. Hopeful on the open up of travel possibility at reduced quarantine or without quarantine.
$Nanofilm(MZH.SI)$announced the appointment of Gary Ho Hock Yong as executive director replacing Lee Liang Huang as executive director after the latter quit. Mr Ho will also be a member of the board risk committee.
$SINGAPORE AIRLINES LTD(C6L.SI)$ said on that it and Scoot will stop carrying transit passengers from Singapore to Hong Kong until further notice, due to new regulatory requirements in the city. This takes effect on Saturday for SIA and April 30 for Scoot. Flights from Hong Kong to Singapore remain unaffected, and passengers coming from Hong Kong will be allowed to transfer through Changi Airport en route to their final destination, the airline said.