The Trading Floor - July 2018

Discussion in 'The Trading Floor' started by Amator, Jun 30, 2018.


Draft saved Draft deleted
  1. plutus2

    plutus2 Well-Known Member

    Joined:
    Jan 8, 2013
    Messages:
    3,791
    Likes Received:
    9
    Gender:
    Male
    Location:
    Singapura
    good afternoon snipers
     
  2. sotong11

    sotong11 Well-Known Member

    Joined:
    May 4, 2016
    Messages:
    1,228
    Likes Received:
    8
    morning snipers
     
  3. Amator

    Amator Well-Known Member

    Joined:
    Oct 19, 2011
    Messages:
    4,022
    Likes Received:
    17
    SINGAPORE (July 18): Singtel subsidiary Amobee has emerged winner in the court-supervised auction to acquire certain assets from Videology for US$101 million ($138 million).

    The purchase price is subject to adjustments for accounts receivable at closing, estimated to be US$20.9 million.

    Videology is a software provider for advanced TV and video advertising. The acquisition follows Videology’s voluntary Chapter 11 restructuring proceedings and includes Videology’s technology platform, intellectual property and certain other assets of estimated net book value of US$5.3 million.

    Amobee says over the past decade, Videology has emerged as a leading provider of software that empowers advertisers and publishers to use data to optimise campaigns and spend across digital platforms and television.

    The addition of Videology’s capabilities will be a further boost to its omni-channel platform and help marketers meet growing consumer demand for premium video and connected TV content, adds Amobee.

    Says Amobee’s CEO Kim Perell, “Television is the largest category of advertising spend and the industry is in the early-stages of the TV and video advertising transformation. With thecacquisition of Videology’s innovative technology assets, Amobee will strengthen our omnichannel capabilities and continue to bring marketers next generation solutions to reach and engage consumers on a global scale.”

    One of the world’s largest independent advertising platforms, Amobee unifies key programmatic channels—including all major social media platforms, formats and devices—to provide both managed- and self-service clients with advanced data management and media planning capabilities as well as actionable, real-time market research and proprietary audience data.
     
  4. nottibird

    nottibird Moderator

    Joined:
    Oct 25, 2012
    Messages:
    48,517
    Likes Received:
    440
    Gender:
    Male
  5. sotong11

    sotong11 Well-Known Member

    Joined:
    May 4, 2016
    Messages:
    1,228
    Likes Received:
    8
    morning snipers...
     
  6. plutus2

    plutus2 Well-Known Member

    Joined:
    Jan 8, 2013
    Messages:
    3,791
    Likes Received:
    9
    Gender:
    Male
    Location:
    Singapura
    Good morning snipers
     
  7. plutus2

    plutus2 Well-Known Member

    Joined:
    Jan 8, 2013
    Messages:
    3,791
    Likes Received:
    9
    Gender:
    Male
    Location:
    Singapura

    hhhmm that reminded me of PapaYa and Jackfruit
     
  8. nottibird

    nottibird Moderator

    Joined:
    Oct 25, 2012
    Messages:
    48,517
    Likes Received:
    440
    Gender:
    Male
  9. sotong11

    sotong11 Well-Known Member

    Joined:
    May 4, 2016
    Messages:
    1,228
    Likes Received:
    8

    today eat grass day...can knock off... and go exercise le?
     
  10. nottibird

    nottibird Moderator

    Joined:
    Oct 25, 2012
    Messages:
    48,517
    Likes Received:
    440
    Gender:
    Male
  11. nottibird

    nottibird Moderator

    Joined:
    Oct 25, 2012
    Messages:
    48,517
    Likes Received:
    440
    Gender:
    Male
    Last week, DBS and SingTel were Top 10 BUYs by institutions.


    [​IMG]
     
  12. plutus2

    plutus2 Well-Known Member

    Joined:
    Jan 8, 2013
    Messages:
    3,791
    Likes Received:
    9
    Gender:
    Male
    Location:
    Singapura
    good morning.. new week new huat
     
  13. sotong11

    sotong11 Well-Known Member

    Joined:
    May 4, 2016
    Messages:
    1,228
    Likes Received:
    8
    morning snipers
     
  14. nottibird

    nottibird Moderator

    Joined:
    Oct 25, 2012
    Messages:
    48,517
    Likes Received:
    440
    Gender:
    Male
  15. plutus2

    plutus2 Well-Known Member

    Joined:
    Jan 8, 2013
    Messages:
    3,791
    Likes Received:
    9
    Gender:
    Male
    Location:
    Singapura
    NOPE... dont know why market macham dont want to move.. not sure what STI is waiting for? expecting a major correction??
     
  16. nottibird

    nottibird Moderator

    Joined:
    Oct 25, 2012
    Messages:
    48,517
    Likes Received:
    440
    Gender:
    Male
    Got JEEP Dua Bui Soh boh har?
    Engine starting.
     
  17. plutus2

    plutus2 Well-Known Member

    Joined:
    Jan 8, 2013
    Messages:
    3,791
    Likes Received:
    9
    Gender:
    Male
    Location:
    Singapura
    good the morning
     
  18. nottibird

    nottibird Moderator

    Joined:
    Oct 25, 2012
    Messages:
    48,517
    Likes Received:
    440
    Gender:
    Male
  19. Amator

    Amator Well-Known Member

    Joined:
    Oct 19, 2011
    Messages:
    4,022
    Likes Received:
    17
    SINGAPORE (July 12): OCBC Research expects transaction volumes for mortgage loans to come off after Singapore unexpectedly announced more property cooling measures last week.

    OCBC says the property cooling measures are reminiscent of those introduced in Jan 2013, which led to a 4.5-year decline in residential property prices in Singapore. This round, there is an increase in additional buyer’s stamp duty (ABSD) and the loan-to-value ratio was brought down by 5% across the board.

    From Jan 2013 to the trough in 2016, the Real Estate index shed 28.4% before staging a recovery starting in early 2017. From early 2017 to October 2017, the index gained 33% -- touching a new five-year high.

    However, with the latest round of cooling measures, the resultant sharp selldown brought the index down 13.2% year-to-date. Key developer stocks bore the brunt of the uncertainty and fell sharply. Based on historical trends from 2013, the impact is more severe for property stocks than banking stocks.

    Based on 1Q18, housing loans accounted for 22% of DBS’s loans book versus 26% for OCBC and 28% for UOB. Together with last Thursday’s bumper sales of more than 1,000 units during the four hours after the announcement of the cooling measures, OCBC expects this to lessen the impact of slower new loans growth this quarter. However, the longer term potential drop in transaction volumes could impact loans growth.

    “We have dropped our valuation to 1.7x book (in line with the decline in regional peers from 1.6x to 1.5x), dropping our fair value from $34.60 to $32.67,” says OCBC, “At current price, dividend yield is 4.6%.”

    Meanwhile, the recent regional selldown has brought valuations lower, OCBC says. DBS deserves a higher premium than its peers in this region.
     
  20. Amator

    Amator Well-Known Member

    Joined:
    Oct 19, 2011
    Messages:
    4,022
    Likes Received:
    17
    SINGAPORE (July 12): CGS-CIMB Research is downgrading Venture Corporation to “hold”, from “buy” previously, on the back of lower revenue growth forecasts amid fears that the trade war between US and China could escalate further.

    “If the situation escalates into a full-blown trade war, costs will generally increase and demand will be affected,” says analyst William Tng in a Wednesday report.

    “We think that MNCs may ask suppliers to help offset the additional tariff-induced costs,” Tng says. “The bigger worry is cuts in spending by MNCs as they turn cautious given these uncertainties.”

    Adopting a more cautious stance and factoring potential revenue headwinds, CGS-CIMB is cutting Venture’s average revenue growth over FY18-20 to 7.3% -- the average rate achieved by the group in FY14-16.

    The brokerage is also lowering its target price-to-earnings (PE) multiple to 12.3 times, and slashing its FY18-20 earnings per share (EPS) forecasts by between 8.7% and 14.5%.

    Consequently, CIMB-CGS has cut its target price for Venture to $17.83, from $25.64 previously.

    However, Tng notes that Venture has not yet seen any changes as a result of the trade war. According to Tng, Venture has also reiterated that it is targeting growth in FY18.

    “The company is in constant contact with its customers to manage the situation,” he says. “Despite the threat from higher costs due to the tariff impact as well as the ongoing component shortage, we leave our margin assumptions intact as we assume that Venture will continue to manage costs well.”
     
Loading...

Share This Page