Here are some stocks to watch this Tuesday morning.
Singapore Airlines carried 2.9% more passengers in October of 1.60 million from 1.56 million last year. Its system-wide passenger carriage rose 1.9% as compared to last year, as measured by revenue passenger kilometres. However, the airline’s capacity as measured by available seat kilometres slipped 0.5%. This led to a 1.8 percentage points improvement in passenger load factor (PLF) to 79%. SIA ended at $10.74.
Ratings agency Moody's is reviewing its rating of commodity trader Noble Group for a potential downgrade in light of the company's latest results. “The rating review is triggered by Noble's weaker than expected liquidity profile and its still-high leverage in its quarterly results announcement,” Joe Morrison, a Moody's vice-president and senior credit officer. Noble closed at 44 cents on Monday.
SMRT Corp was one of three taxi companies that was fined by the Land Transport Authority (LTA) for not meeting taxi availability standards. The public transport operator was fined $21,396.16 for not meeting the second-year standard for the percentage of taxis on the roads during peak period in February. The other two companies were Prime and Premier. SMRT closed at $1.42.
AusNet Services has posted 1H16 earnings of A$374.5 million ($377.7 million) compared to losses of A$4.9 million in 1H15. Revenue for the six months to September increased 10% y-o-y to A$1.1 billion. For FY2016, the company expects to increase dividends by 2% to 8.53 Australian cents per share. AusNet closed at $1.43.
Triyards Holdings has extended its product range to include escort tugs after winning a US$12.8 million ($18.2 million) contract from new client Greenbay Marine, a Singapore-based international specialist marine craft group to build four RAstar 3400 Azimuth Stern Drive Tugs. Triyards closed at 40 cents on Monday.
NauticAWT's subsidiary Marine Engineering Services has won $3.5 million engineering contract for the design of living quarters for an offshore platform from SMOE, a subsidiary of SembCorp Marine. NauticAWT last traded at 21.5 cents.
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Singapore Airlines carried 2.9% more passengers in October of 1.60 million from 1.56 million last year. Its system-wide passenger carriage rose 1.9% as compared to last year, as measured by revenue passenger kilometres. However, the airline’s capacity as measured by available seat kilometres slipped 0.5%. This led to a 1.8 percentage points improvement in passenger load factor (PLF) to 79%. SIA ended at $10.74.
Ratings agency Moody's is reviewing its rating of commodity trader Noble Group for a potential downgrade in light of the company's latest results. “The rating review is triggered by Noble's weaker than expected liquidity profile and its still-high leverage in its quarterly results announcement,” Joe Morrison, a Moody's vice-president and senior credit officer. Noble closed at 44 cents on Monday.
SMRT Corp was one of three taxi companies that was fined by the Land Transport Authority (LTA) for not meeting taxi availability standards. The public transport operator was fined $21,396.16 for not meeting the second-year standard for the percentage of taxis on the roads during peak period in February. The other two companies were Prime and Premier. SMRT closed at $1.42.
AusNet Services has posted 1H16 earnings of A$374.5 million ($377.7 million) compared to losses of A$4.9 million in 1H15. Revenue for the six months to September increased 10% y-o-y to A$1.1 billion. For FY2016, the company expects to increase dividends by 2% to 8.53 Australian cents per share. AusNet closed at $1.43.
Triyards Holdings has extended its product range to include escort tugs after winning a US$12.8 million ($18.2 million) contract from new client Greenbay Marine, a Singapore-based international specialist marine craft group to build four RAstar 3400 Azimuth Stern Drive Tugs. Triyards closed at 40 cents on Monday.
NauticAWT's subsidiary Marine Engineering Services has won $3.5 million engineering contract for the design of living quarters for an offshore platform from SMOE, a subsidiary of SembCorp Marine. NauticAWT last traded at 21.5 cents.
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
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