Monday, October 26, 2015

SBS Transit, SMRT, Raffles Medical, First Sponsor, UOI, CRCT

Here are some stocks to watch this Monday morning.

SBS Transit's revenue by $15.7 million, and SMRT's by $20.4 million after the Public Transport Council announced on Friday fares will be reduced by up to 4 cents a journey from Dec 27. This will mean $15.7 million and $20.4 million lower revenue for SBS Transit and SMRT respectively, says PTC. SBS Transit closed at $1.84 while SMRT closed at $1.46.

Raffles Medical's earnings rose 1.2% to $15.6 million in the third quarter ended Sept from $15.4 million a year ago. Revenue rose 7.4% to $101.5 million from $94.5 million. Shares of Raffles Medical ended higher at $4.39 last Friday.

Property developer First Sponsor Group posts 15% increase in 3Q earnings to $17.1 million from a year ago. This came on the back of 31.6% y-o-y increase in revenue to $72 million. First Sponsor closed 0.42% higher at $1.205.

United Overseas Insurance posted a 15.8% slump in 3Q earnings to $5.1 million. Gross premiums written for the quarter rose 5.5% to $24 million from a year ago. But underwriting profit in 3Q15 decreased 22.2% to $2.8 million and 6.3% lower non-underwriting income of $23.3 million. UOI last traded at $4.45.

CapitaLand Retail China Trust posted a 12.3% increase in 3Q DPU of 2.64 cents from a year ago. Distributable income for the three months to September increased 14.2% y-o-y to $22.3 million. CRCT closed at $1.50.

Click Here To Register For Free Trial Services OR Give A Missed Call : +6531581402 Follow Us On Twitter : www.twitter.com/epicresearchsg Like Us On Facebook : www.facebook.com/EpicResearchSingapore Need Any Assistance Feel Free To Mail Us at : info@epicresearch.sg

0 comments:

Post a Comment