Stocks to watch: First Sponsor, Mencast, Chiwayland

WITH the quarterly earnings reporting season largely over, all eyes are on the US Federal Reserve chairman's speech this week, which will likely set the tone for the US dollar and in turn oil prices.

Some of the stocks to watch on Monday are:

First Sponsor Group: It has tied up with China Vanke and Regent Land Investment Holdings in developing the group's mixed-use project in Dongguan in Guangdong province. The group said on Monday it had on Aug 19 entered into a share subscription agreement and assignment agreement with subsidiaries of China Vanke and Regent Land for the collaboration.

First Sponsor will retain a significant 30 per cent stake in the project, while Vanke and Regent Land will end up with 55 per cent and 15 per cent interests respectively. First Sponsor's net gain from the transaction is expected to be about S$95.3 million.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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Samsung Market News Update : Epic Research Singapore

South Korea's Samsung and LG on Thursday launched rival smartwatches powered by Google's new software as they jostle to lead an increasingly competitive market for wearable devices seen as the mobile industry's next growth booster.

Samsung's "Gear Live" and LG's "G Watch" - both powered by Android Wear - are the first devices to adopt the new Google software specifically designed for wearables.

G Watch - LG's first smartwatch - is also equipped with Google's voice recognition service and can perform simple tasks including checking email, sending text messages and carrying out an online search at users' voice command.


The two devices cannot make phone calls by themselves but can be connected to many of the latest Android-based smartphones, the South Korean companies said in separate statements.

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Samsung Market News Update : Epic Research Singapore

Samsung on Tuesday unwrapped its new smartphone using the Tizen platform, a move aimed at breaking away from Google's Android and staking a claim to the "Internet of Things."

The South Korean consumer electronics colossus showed off the Samsung Z, its first Tizen-powered smartphone, in a major shift away from the ubiquitous Android operating system used in the majority of its devices.

Samsung touted Tizen as a platform not just for phones, but for a range of connected devices from home appliances to door locks and watches which may communicate with one another in the future

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Samsung Market News Update : Epic Research Singapore

Samsung announced on Monday the launch of a new smartphone based on its own operating system, in a step towards independence from the Google Android platform that dominates its popular handsets.

The Samsung Z, which has been specially developed to run on the Tizen platform, will go on sale in Russia in the third quarter of this year before reaching other markets.

The new smartphone will be unveiled Tuesday at the Tizen Developer Conference in San Francisco.

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Epic Research Singapore : Amazon Market News Update

Amazon.com AMZN -1.70% is getting ready to introduce its own smartphone later this year, a report said Friday. Amazon is planning to introduce the device in the second half of the year, The Wall Street Journal reported, citing unnamed sources. The move would signal that Amazon is pushing deeper into hardware at a time of heightening competition in the mobile market. Shares of Amazon were up a fraction after-hours. 

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Epic Research Singapore : Hang Seng Update

Hong Kong stocks rose modestly at the start of trading on Thursday, as casino stocks rebounded after selloffs and as Hong Kong retailers were pushed up by robust sales during the Lunar New Year. The Hang Seng Index moved up 0.2% to 21,329.35. Casino shares climbed, bouncing from the previous day’s sharp losses due to a slowdown in Macau’s casino revenue growth in January. Sands China Ltd. jumped 5.8%, MGM China Holdings Ltd. advanced 3.5%, Galaxy Entertainment Group Ltd. rose 3.4%, and Wynn Macau Ltd. added 3.1%. Hong Kong retailers pushed higher, as media reports said local shopping malls reported strong retail sales during Lunar New Year, largely thanks to high-spending mainland Chinese visitors. Cosmetic retailer Bonjour Holdings Ltd. gained 2.8%, and jewellery brand Luk Fook Holdings International Ltd. tacked on 2.5%. The mainland stock markets remained closed for the Lunar New Year holiday and were scheduled to reopen on Friday.

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Epic Research Singapore : Samsung Update

As usual, financial terms weren’t disclosed, but it’s not hard to see that Samsung is spending freely when it comes to patent acquisition, as the deal comes on the heels of other high-profile agreements for the Korean chips-and-handsets giant. In the final week of January, for instance, Samsung scored a huge cross-licensing deal with Google.

Maybe this isn’t such a surprise after Samsung’s long and bloody patent battle with smartphone rival Apple [wsj-quote ticker="AAPL" name="Apple Inc." realTimeChannel="/quotes/nls/aapl" channel="/quotes/zigman/68270/delayed" id="quote_5653033"]. You’ll remember that Apple’s suit against Samsung has yielded just shy of $1 billion for Apple, though the two are now in mediation over a final settlement.
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