Philip Chua Business Blog

Posts Tagged ‘nine months’

ST Engineering
Nov 5 close: S$2.97
DBS GROUP RESEARCH, Nov 4

THIRD quarter 2009 revenue of S$1.35 billion (down 2 per cent year-on-year, 4 per cent quarter-on-quarter) and net profit of S$120 million (down 7 per cent y-o-y, up 11 per cent q-o-q) were in line, and nine-months 2009 net profit of S$314 million equates to 74 per cent of our full year projections.
Q3 2009 pre-tax profit of S$149 … more

Consumer spending plunged in September by the largest amount in nine months, reflecting the end of the government’s Cash for Clunkers auto sales program.

AFTER a relatively quiet six to nine months, a car loan war may be brewing.

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FRESH concerns over the pace of the global economic recovery sent regional stocks tumbling yesterday after a spirited rally on most bourses in recent weeks.
The Shanghai market was the hardest hit, nose-diving 5.8 per cent, in its worst one-day percentage fall in nine months, and its lowest close in two months.
Investors across the region were cashing out recent gains amid a growing belief that th… more

Reuters – U.S. industrial output gained for the first time in nine months in July and inflation remained muted, but consumer confidence was unexpectedly weak this month, according to reports on Friday.

Production from America’s factories, mines and utilities rose more than expected in July, with the first gain in nine months driven by increased output from auto companies.

Reuters – Stocks rose on Monday, pushing the S&P 500 index above 1,000 for the first time in nine months, as data on the manufacturing sector underscored optimism that the economy was recovering.

PROPERTY market observers are probably rubbing their eyes in disbelief but it is true: an en bloc sale is under way at asking prices akin to boom times.

It is the first tender in about nine months and reflects improved buyer sentiment although the sale launched yesterday will certainly test that sentiment, given the price levels it is shooting for.

The freehold Dragon Mansion at 18 Spottiswood… more