Friday, October 21, 2016

Keppel Corp stock

In my previous post on SPH stock (you can access the post here), I mentioned how the earnings announcement of SPH would be a “prelude” to the nature of announcements from companies which will report their earnings next: slowing corporate net profits and announcements of how the company will contain costs. True enough, one of the companies which reported their earnings last night was Keppel Corp and Keppel Corp A3 net profit was down by 38.1% and while SPH intends to shave off 10% of its staff strength over time, Keppel has cut about 3,080 of its jobs and going forward, more reduction of its workforce is expected.

Wednesday, October 19, 2016

MM2 Asia stock: more than a 240% bagger!

Dear readers, with reference to my post  , I would like to inform readers that MM2 Asia stock price as of the first trading day of the year was actually $0.79. MM2 Asia stock price has also gone through two share splits. Looking at MM2 Asia stock price today of $0.465 and considering that the stock has gone through share splits, MM2 Asia is more than a two-bagger! I apologize for the error made as I have gotten the prices for my original post from a free trading software and hence there could be adjustments made to the prices by the software. Join the emailing list to receive regular Financial and Singapore stocks newsletters too! Like" me on Singapore Stocks Investing Facebook page to receive all posts on your Facebook as well as read more articles. Follow me on Twitter too.

This Singapore stock has rallied 240% year-to-date, will it still advance?

Looking at the Singapore stocks markets now (as well as global stocks markets in general), and looking at the title of this blog post, it might be tempting to think that the multi-bagging effect as stated in the blog post title is unachievable. But well, some stocks do rise slowly day by day, such that after a long period of gradual rise, one looks back and find that yes, this stock is actually a multi-bagger stock.

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