Here are some stocks to watch this Monday morning.
CapitaLand says the Saturday launch of Cairnhill Nine received strong response from buyers. Out of the 200 units launched, 134 units or almost 70% were sold, says the developer. “The price range for the majority of units sold is between $2,200 psf and $2,800 psf,” says a spokesperson from CapitaLand Singapore. Shares of CapitaLand closed at $3.12 on Friday.
Noble Group is under no pressure from banks to sell assets and is not planning further divestments as it negotiates more than US$4 billion ($5.5 billion) of new and refinanced loans with lenders, a senior source close to the process said. The renewal of Noble's loans is seen by analysts as the most significant development this year for the trader of commodities ranging from iron ore to oil, after suffering a slide in investor confidence over the past year. Noble closed at 42 cents on Friday.
Keppel Corp. subsidiary, Keppel Fels, is on track to deliver within the contracted schedule a fifth high-spec accommodation semisub to Floatel International. The semisub built to Keppel's proprietary SSAU 5000 NG design, was named Floatel Triumph at a ceremony held on Friday. It will be chartered by Inpex Australia for work in the Ichthys gas field development off Western Australia. Keppel closed at $6.06.
Del Monte Pacific swung back into the black with earnings of US$590,000 ($812,187) in 3Q, from a loss of US$2.2 million a year ago due to higher gross margins. Revenue fell 6.8% to US$594.1 million from US$637.6 million. Shares of Del Monte ended at 39.5 cents.
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CapitaLand says the Saturday launch of Cairnhill Nine received strong response from buyers. Out of the 200 units launched, 134 units or almost 70% were sold, says the developer. “The price range for the majority of units sold is between $2,200 psf and $2,800 psf,” says a spokesperson from CapitaLand Singapore. Shares of CapitaLand closed at $3.12 on Friday.
Noble Group is under no pressure from banks to sell assets and is not planning further divestments as it negotiates more than US$4 billion ($5.5 billion) of new and refinanced loans with lenders, a senior source close to the process said. The renewal of Noble's loans is seen by analysts as the most significant development this year for the trader of commodities ranging from iron ore to oil, after suffering a slide in investor confidence over the past year. Noble closed at 42 cents on Friday.
Keppel Corp. subsidiary, Keppel Fels, is on track to deliver within the contracted schedule a fifth high-spec accommodation semisub to Floatel International. The semisub built to Keppel's proprietary SSAU 5000 NG design, was named Floatel Triumph at a ceremony held on Friday. It will be chartered by Inpex Australia for work in the Ichthys gas field development off Western Australia. Keppel closed at $6.06.
Del Monte Pacific swung back into the black with earnings of US$590,000 ($812,187) in 3Q, from a loss of US$2.2 million a year ago due to higher gross margins. Revenue fell 6.8% to US$594.1 million from US$637.6 million. Shares of Del Monte ended at 39.5 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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