Philip Chua Business Blog

Posts Tagged ‘share’

(SINGAPORE) HDB upgraders account for a shrinking share of private home transactions as property prices rise and mass-market launches taper off.

In contrast, private housing dwellers are buying more property as economic sentiment improves, keeping the real estate market afloat.
According to property consultancy DTZ, buyers with HDB addresses picked up 4,0… more

Maybe, or maybe not.
It’s what a lot of experts are saying, and it’s what some of us who work at FSM believed will happen. So we liquidated a part of our portfolios and kept some cash, some of us as early as June 2009, and we waited for the correction to come so that we would have some cash to buy in when share prices fell.
… more

(SINGAPORE) The rights issue must, ironically, be feeling rather wronged. Used frequently by companies at the beginning of the year before the market had rallied, rights issues have been unceremoniously cast aside in favour of share placements.
As far as secondary fundraisings go, these two cash-call methods have been given vastly differing treatments by the market this year.
While stock prices ha… more

(SINGAPORE) Share placements this year have confirmed a slight variation of the trite adage – it is not what you know, but rather who you know is buying into the company.
Locally listed firms have tapped investors for almost $4 billion in 45 placements of new shares so far this year, making the market that raised $600 million in 2008 look like a mausoleum in comparison.
While the share prices of f… more

EVEN as global equity markets hit new highs for the year last week, there was a renewed vigour in the debate over whether the seven-month-old rally can be sustained.
The advance in share prices was due to a slew of forecast-beating reports from US multinational giants such as Microsoft and Apple Computer.
This had raised hopes that the United States, the world’s No.1 economy, is slowly back up on … more

ASIA remains underinsured against natural catastrophes even though the region suffers huge losses from them.
According to data from Munich Re, natural catastrophes triggered global losses of some US$200 billion last year, and Asia had to swallow more than half of that, or US$118 billion.
Insurance covered only US$45 billion of the global losses, and Asia’s share of that was just 5 per cent or US$2… more

IT’S ‘game on’ as punters come out to play Genting Singapore shares.
Some 395 million shares were traded yesterday with prices swinging from a low of $1.08 at the start of the trading day to a high of $1.17 by mid-day.
The share price then proceeded to fall again to about $1.12 before a late rally brought the price up to close at $1.14, representing a fall of 4.2 per cent from the previous close o… more

POOR share price performance and a lack of liquidity have prompted a handful of China firms here, or S-chips, to delist from the Singapore Exchange (SGX).
So far this year, Sihuan Pharmaceutical, Man Wah Holdings and ChungHong Holdings, among others, have taken steps to exit the local bourse.
One of the woes that S-chips here face is that they are trading at lower values than their counterparts in… more

HELPED by a push on SingTel and property stocks, the Straits Times Index yesterday gained for a fourth consecutive session, up 13.8 points to 2,642.23 despite weakness in Hong Kong that cut 1.04 per cent off the Hang Seng Index. Penny stocks were very much in focus once again – volume traded excluding foreign currency issues was 3.3 billion units worth $1.8 billion or about 55 cents per share.
The… more

(SINGAPORE) Foreign buying of private homes rose in Q2 but is not back in full force in terms of its share of higher-priced transactions, according to a caveats analysis by DTZ. The quarter also saw a resurgence of purchases by Indonesians, who were the top buyers in the upper-tier segments.
Foreigners, excluding Singapore permanent residents (PRs), made up only 15 per cent of those who bought pri… more