Happy YANG Nian

Happy YANG Nian!!!

恭喜发财 !!! 

HUAT AH !!!

Hope you guys enjoy the festive season with your family and friends.

So back to some update, 

1. Sembcorp Marine had started its shares buyback lately.

good thing for investor like me, as it means the company views the current market price is fair or near low term, therefore decided to buy back own shares. also mean that the current market price might be stable as it will be supported by the company.

2. Frasers Centrepoint Trust upgraded to positive by Moody
https://www.moodys.com/research/Moodys-changes-Frasers-Centrepoint-Trusts-outlook-to-positive--PR_318653

3. Works on Northpoint City to begin in April.
Featuring the largest mall in the North of Singapore, Northpoint City with offer over 500 retail and dining options, more than double the current offering at Northpoint Shopping Centre. (see video for detail changes proposed)
http://www.channelnewsasia.com/news/business/singapore/works-on-northpoint-city/1664562.html

Lastly, the companies to announce their quarterly/full year result coming week.

23th Jan

Singapore Budget day 330pm to 6pm

24th Jan [result announcement]
Genting Singapore PLC

25th Jan [result announcement]
StarHub
Sheng Siong 

26th Jan [result announcement]

Noble 

Noble was recently attack by Iceberg for its accounting.
http://www.theedgemarkets.com/sg/article/singapore-central-bank-reviewing-statements-research-report-noble?type=Markets

27th Jan [result announcement]
Golden Agri-Resources
Hong Leong Asia
Indofood Agri Resources
Midas Holdings
Otto Marine
Singapore Technologies Engineering
Super Group

Swiber 

Happy CNY ; )

-ERIC KHOO