Sino Grandness Food Industry Group Limited – Green Shoots with Firm Roots (Initiate)
We favor companies that are able to leverage on the growth in China but also penetrate into the existing huge market in developed nations. As such, we look into the Chinese food industry, specifically food-processing companies, which we believe have great potential for growth.
Equation Corp Limited – Securing Your Supplies
Equation Corp Limited (“Company”) was listed on the SGX Sesdaq in April 1992 as Heshe Holdings Limited. On 2nd January 2009, the Company transitioned to the SGX Catalist board. We believe Equation is poised to benefit from the introduction of their patented security technology that is set to be the global standard in anti-theft security.
Q & M Dental Group (Singapore) Limited – The Sweetest Cherry In Town (Initiation)
We predict a rise in medical visitors to Singapore following the launch of the two integrated resorts. Among the healthcare companies, we prefer those that are able to offer short period of treatment. Q&M Dental Group (Singapore) Limited (Q&M) stands out as they are the only pure dental play in Singapore.
Investment Strategies
2010 Market Outlook – Bull Charge or Bear Hug?
This presentation was originally shown at the 16 Jan Market Outlook. It gives SIAS...
Bull Charge or Bear Hug? – Outlook for 2010
Here is SIAS Research’s brief take on the market outlook for 2010. Find out...
Take Profit in November … Rest in December? (Strategy Review)
After a bumpy October, we believe that Nov 09 will be a good time for investors to...
Read More Posts From This CategoryEditorial Comments
Fundamental and Technical Analysis: Is Co-existence Possible?
Here is Roger’s view on the debate between fundamental and technical analysis.
Dual Listing – Adding Value or Cost?
A few S-chips have recently announced that they have been seeking dual listing in USA through the American Depository Receipt (ADR) system. Share prices of these companies soared when news of their dual listing hit the market.However, some market watchers are wary, stating that ADRs may not lift valuation and would only add burden to their financials . The comments are not totally correct. Dual listing does add cost but it can also add value and this is especially so with small companies.
Engage Vietnam seminar, 31 Oct 09
Read More Posts From This Category
Market Commentary
Market Exhibiting “Irrational Despondence”
This article is the first of our weekly thoughts series. Equities markets across...
2010 Market Outlook: Technical Outlook
SIAS Research’s technical view was presented at the 16 Jan Market Outlook seminar. Read More →
2010 Market Outlook: Singapore industry market report 1Q10
This sector summary is SIAS Research’s view of the Singapore market for the...
Read More Posts From This CategoryTechnical Analysis
STI Technical Report 9th Feb 2010: New Year Cheer?
With the Market being choppy over the last week, it is hard to get any kind of CNY cheer going. We have warned many times that the market is going to be distinctly choppy in 2010, and we are seeing the increase in volatility right now. With the market trading erratically, is there some way of telling market direction and safeguard your downside while profiting from the upside? Read our report for more information.
All charts in the report are day charts and end 8th Feb 2010 unless otherwise stated. Reviews and outlook are only valid for the day itself…
STI Technical Report 8th Feb 2010: CNY Ang Pow?
With the Dow Jones staying flat on Friday, what do we expect for the market this week? Will there be a CNY rally? If so, how much and for how long? Read our report today for more information
All charts in the report are day charts and end 5th Feb 2010 unless otherwise stated. Reviews and outlook are only valid for the day itself…
STI Technical Report 5th Feb 2010: A Little Friday Recovery
With the STI looking to gap down after the US market slamming yesterday back to the 10,000 level, we might see the STI following suit. Or would there be a rebound after the sell off? At what point can we be certain? Read the report for more information.
All charts in the report are day charts and end 4th Feb 2010 unless otherwise stated. Reviews and outlook are only valid for the day itself…
Read More Posts From This CategoryLatest 10 Research Reports
Sino Grandness Food Industry Group Limited – Green Shoots with Firm Roots (Initiate)
We favor companies that are able to leverage on the growth in China but also penetrate into the existing huge market in developed nations. As such, we look into the Chinese food industry, specifically food-processing companies, which we believe have great potential for growth.
China Kunda Technology Holdings Limited
We will be terminating our coverage of China Kunda Technology Holdings Limited to focus our attention on companies with better potential.
Our last coverage of the company was on 9th Nov 2009.
Equation Corp Limited – Securing Your Supplies
Equation Corp Limited (“Company”) was listed on the SGX Sesdaq in April 1992 as Heshe Holdings Limited. On 2nd January 2009, the Company transitioned to the SGX Catalist board. We believe Equation is poised to benefit from the introduction of their patented security technology that is set to be the global standard in anti-theft security.
Pacific Shipping Trust – When the Two Ends Meet (Update)
On 20th January 2010, Pacific Shipping Trust (Trust) announced a 7.6% YoY growth in gross revenue to US$15.6m with a net profit gain of 12.4% YoY to US$7.12m. The rise in revenue is mainly due to the full contribution of CSAV Lauca which was delivered in November 2008. In addition, profit margin inched up 1.9% YoY from 43.7% to 45.6%, contributed by a lower increment in operating expenses.
CFM Holdings Limited – A small sparrow with every organ it needs (Initiate)
We like the wide geographical representation of CFM Holdings Limited (CFM) and its vertically integrated operations that will enable it to provide
1) greater convenience to customers
2) shorter turnover as less transferring of products is needed
3) better margins for CFM via cost efficiency
Trek 2000 International – Evolution, not Revolution (Update)
We attended Trek 2000 International’s (Trek) FluCard product launch recently and were pleasantly surprised by their latest invention.
Ying Li International Real Estate Ltd – This Developer’s New Developments
SGX Mainboard listed Ying Li International Real Estate Ltd announced on 19th January 2009 that the company intends to acquire two potential prime sites located in the Chongqing Yu Zhong Central Business District – sited along Wu Yi Road and designated as the new Financial Street.
Q & M Dental Group (Singapore) Limited – The Sweetest Cherry In Town (Initiation)
We predict a rise in medical visitors to Singapore following the launch of the two integrated resorts. Among the healthcare companies, we prefer those that are able to offer short period of treatment. Q&M Dental Group (Singapore) Limited (Q&M) stands out as they are the only pure dental play in Singapore.
Otto Marine Limited – Treasures Within The Wealthy Vessel (Initiation)
Otto Marine Limited (Otto) has a strong track record in the shipbuilding industry and has the capability of building sophisticated offshore support vessels (OSV).Otto’s ship chartering division is also likely to grow due to a strong forward chartering contract worth S$400m.
Sinwa Limited – Ready at the Port of Call (Update)
While Sinwa has positioned itself as a leading marine supply provider in Singapore, Australia and China, we are optimistic on the premise that offering logistical services and venturing into the O&G offshore charter sector on top of its main business line allows the Company to capture market share as it seeks to diversify its revenue base.
Read More Posts From This Category
