CRUDE OIL PRICES DIP AFTER A RALLY

Oil prices eased on Friday as traders took profits following three days of straight gains on the expectation that an Opec-led crude supply cut that was initially supposed to only last for the first half of the year would be extended.

Prices for front-month Brent crude futures, the international benchmark for oil, were at US$52.83 per barrel at 0134 GMT, down 13 US cents from their last close.

In the United States, West Texas Intermediate (WTI) crude futures were down 10 US cents at US$50.25 a barrel.

Despite Friday's dips, crude prices remain over four per cent higher than they were at the start of the three-day rally on Tuesday.

"Oil looks to have found a range in the low US$50s," ANZ Bank said on Friday.

Traders said there was a growing sense that the Organization of the Petroleum Exporting Countries (Opec) and non-Opec oil production giant Russia would agree to continue their production cut deal seeking to drive prices higher.

Opec and non-Opec producers including Russia agreed late last year to cut output by almost 1.8 million barrels per day (bpd) during the first half of the year in order to rein in a global supply overhang and prop up prices.

But so far, alternative oil supplies, including from the United States where production is soaring C-OUT-T-EIA, and doubts that Russia was complying with its promised cuts, have prevented the market from re-balancing.

Still, over the past week, a growing consensus has emerged that the supply cut would be extended into the second half of the year - and that Russia would increasingly comply.

"The changed thoughts about Russia's role in the market reinforce...(the idea) that a deal between Opec and Russia is in the offing," said Greg McKenna, chief market strategist at futures brokerage AxiTrader.

Despite this, there remains doubt that the output cuts will go deep enough for the world's bloated markets to tighten soon and significantly lift prices, especially as other producers that are not part of the agreement could step in to fill the supply gap.

"There is a tremendous amount of stock in the markets and to expect a major increase in the price is not very realistic," the International Energy Agency's (IEA) executive director Fatih Birol told Reuters on Thursday.

"If we see the prices go up as a result of any push from the producer ...we will see more oil coming to the market, not just from the US; we will also see Brazilian and Canadian oil coming to the market," he added.

Profitable Singapore Stocks of the Day:

• SERRANO
• IEV
• NOBLE

Our recent Stock Recommendations:
1.KLSE INTRADAY SIGNAL: BUY IEV AT 0.083 TARGET 0.086, SL 0.079 www.equityprofit.com
Update: IEV MADE HIGH OF 0.086, OUR 1st TARGET DONE. GIVEN YESTERDAY FROM 0.083

Get Live Trading Signal With Us – www.equityprofit.com

sgx stock picks, sgx stock recommendations, sgx stock picks, Singapore stock recommendations, Singapore stock picks.......

CRUDE OIL PRICES SEEMS TO BE STEADY

Oil prices were steady on Thursday, supported by falling crude output in Libya and declining gasoline stocks in the United States, although bloated US crude inventories are still weighing on markets.

Prices for front-month Brent crude futures, the international benchmark for oil, were at US$52.42 per barrel at 0040 GMT, unchanged from their last close.

In the United States, West Texas Intermediate (WTI) crude futures were up 5 cents at US$49.57 a barrel.

ANZ said on Thursday that prices were supported by Libyan oil output falling to about 500,000 barrels per day (bpd) due to the shutdown of pipelines from its biggest field.

And while a rise in US crude inventories weighed on markets, ANZ said that "the market got excited" about a drawdown in gasoline stockpiles.

"The big falls in gasoline inventories, coming near the end of the refinery maintenance season, suggest crude oil inventories are on the cusp of declining," it said.

US crude inventories rose 867,000 barrels in the week ending March 24, compared with analyst expectations for an increase of 1.4 million barrels. Total inventories were at a record of nearly 534 million barrels, the Energy Information Administration (EIA) said on Wednesday.

Gasoline stocks fell 3.7 million barrels, compared with expectations for a 1.9-million barrel drop.

Key for the direction of oil prices will be whether an initiative led by the Organization of the Petroleum Exporting Countries (Opec) to cut oil production during the first half of the year will be extended, and how high compliance with the reduction targets will be.

Opec, along with other producers including Russia, aims to cut output by almost 1.8 million bpd during the first half of the year.

Opec compliance with its targets is expected to be 95 per cent this month, up from 94 per cent in February, according to Reuters surveys.

However, compliance is lower by non-Opec members like Russia, who have officially agreed to participate in the cuts. "Russia's 300,000 bpd cut commitment particularly has been called into question," Eurasia Group said this week in a research report.

"While it remains possible Russia can scrape together a combination of outages and natural decline at some west Siberian brownfields and spin this as a 300,000-bpd output cut, it is highly unlikely Russia will achieve an absolute 300,000 bpd reduction during the tenure of the current agreement," it added.

As markets remain bloated halfway into the cuts, there is a broad expectation that the supply cuts will be extended into the second half of the year.

Get Live Trading Signal With Us – www.equityprofit.com

sgx stock picks, sgx stock recommendations, sgx stock picks, Singapore stock recommendations, Singapore stock picks.......

STOCK MARKET TODAY OPENS 0.28% UP

SINGAPORE shares opened higher on Wednesday with the Straits Times Index (STI) up 8.95 points, or 0.28 per cent, to 3,166.77 as at 9am. US stocks ended sharply higher overnight, led by financial and energy shares amid data that US consumer confidence has soared to a more than 16-year high. The Dow Jones Industrial Average snapped an eight-day losing streak.

Top gainers in early morning trade included DBS, Jardine C&C and Top Global. Some 82.4 million shares worth S$72.2 million changed hands, with gainers outnumbering losers 117 to 30.

Profitable Singapore Stocks of the Day:

• BALCKGOLDNATURAL
• GSS ENERGY
• ISR CAPITAL

Our recent Signal:
1.KLSE INTRADAY SIGNAL: BUY PETRONM AT 6.10 TARGET 6.25, 6.40 SL 5.92
Update: PETRONM AT 6.40, OUR FINAL TARGET DONE. GIVEN YESTERDAY FROM 6.10

Get Live Trading Signal With Us – www.equityprofit.com

sgx stock picks, sgx stock recommendations, sgx stock picks, Singapore stock recommendations, Singapore stock picks.......

WATCH THIS HOT STOCKS FOR PROFITABLE STOCK INVESTMENT

The following stocks may be in focus on Tuesday:

Ezion Holdings on Tuesday said it plans to take full control of existing joint ventures previously held with a unit of Swissco Holdings, and to acquire assets held within one such joint venture for more than US$60 million.

Property developer CapitaLand wants to "significantly increase" its S$2.1 billion presence in Vietnam and may build a Raffles City integrated project there, it said in a press release on Monday evening. It separately said on Tuesday it would, through its wholly-owned shopping mall business, manage the the new SingPost Centre mall.

RHT Health Trust on Monday clarified that its trustee-manager Fortis had deemed a Bloomberg article speculative. The report said the trust's major shareholder, Fortis Healthcare, was considering a buyout of all the units it didn't already own in the trust. Fortis currently owns 29.6 per cent of RHT.

Ezra Holdings on Monday night said its chief financial officer, Chan Eng Yew, has resigned. No reason was cited. Ezra this month filed for Chapter 11 protection with the US bankruptcy court.

More Profitable Singapore Stocks of the Day:

• BLACKGOLDNATURAL
• ALLIANCE MINERAL
• NOBLE
• MERCURIUS

Our recent Signal:
1.KLSE INTRADAY SIGNAL : BUY ANZO AT 0.530 TARGET 0.550, 0.570 SL 0.505
Update: ANZO MADE HIGH OF 0.585, OUR FINAL TGT OF 0.570 IS DONE. GIVEN YESTERDAY FROM 0.530.

Get Live Trading Signal With Us – www.equityprofit.com

sgx stock picks, sgx stock recommendations, sgx stock picks, Singapore stock recommendations, Singapore stock picks.......

SINGAPORE O&G SEES A RISE IN PRICE ON MONDAY

SHARES of Singapore O&G rose on Monday, as it proposed a 2-for-1 share split to increase market liquidity, and broaden the base of shareholders.

The stock rose 5.5 Singapore cents or 4.3 per cent to S$1.33 as at 9.19 am. Some 182,000 shares changed hands.

Singapore O&G offers obstetrics and gynaecology services. Shares of Singapore O&G have risen more than 60 per cent in the last one year, data from S&P Capital IQ showed.

More Profitable Singapore Stocks of the Day:

• ALLIANCE MINERAL
• CHASEN
• NOBLE

Get Live Trading Signal With Us – www.equityprofit.com

sgx stock picks, sgx stock recommendations, sgx stock picks, Singapore stock recommendations, Singapore stock picks.......

SINGAPORE BECOMES THE MOST COMPETITIVE ECONOMY OF ASIA AGAIN

According to a new report, Singapore has the most efficient administrative service in the region, and provides the most favourable business environment.

For the fourth year running, Singapore has been ranked as the most competitive economy in Asia, reported TODAYonline, citing the 2016 Asian Competitiveness report.

Hong Kong came in second, followed by South Korea in third place. Rounding up the top six list – which has remained unchanged for the last three years – were Taiwan, Australia and New Zealand. Asia’s biggest economy, China, was listed ninth in each of those three years, including the year before.

Released at the Boao Forum for Asia Annual Conference in Hainan, China, the Asian 

Competitiveness report was launched in 2009, ranking 37 Asian economies including New Zealand and Australia, but excludes 16 smaller economies within the region.

“Singapore had the highest score in commercial and administrative efficiency. Also, for five consecutive years, it has kept the most efficient administrative service of the region and provided the most favourable business environment,” the report said.

The China Centre for International Economic Exchanges, which conducted the survey, listed the city-state third in human capital and innovation capability as well as infrastructure, fourth in overall economic strength, and sixth in social development.

Meanwhile, Hong Kong, which was lauded for its efficient, trustworthy and stable financial market and business system, was ranked behind Singapore in terms of commercial and administrative efficiency. It also emerged second for overall economic strength and infrastructure, as well as fourth in social development, but was placed 10th for human capital and innovation capability.

Formally inaugurated in 2001, the Boao Forum for Asia is a non-governmental and non-profit international organisation that seeks to promote and deepen cooperation, economic exchange and coordination in Asia, and between Asia and other parts of the world.

Get Live Trading Signal With Us – www.equityprofit.com

sgx stock picks, sgx stock recommendations, sgx stock picks, Singapore stock recommendations, Singapore stock picks.......

SENIOR MANAGEMENT CHANGES ARE ANNOUNCED BY STARHUB

TELCO and pay-TV provider StarHub said on Friday morning that it is making changes to its senior leadership team.

Chong Yoke Sin, newly appointed as chief, enterprise business group, will start on April 3. She was Integrated Health Information Systems chief executive officer from 2008 to 2016.

Mock Pak Lum, who joined StarHub as chief technology officer in June 2011, will now be chief business development officer.

Chong Siew Loong, who was vice-president of the network engineering division and chief technology officer, will now head the network engineering division.

Chief commercial officer Kevin Lim will retire by the end of 2017.

StarHub last traded at S$2.87.

Profitable Singapore Stocks of the Day:

• Artivision Tech
• SunMoonFood
• YZJ Shipbldg SGD
• Kimly

Get Live Trading Signal With Us – www.equityprofit.com

sgx stock picks, sgx stock recommendations, sgx stock picks, Singapore stock recommendations, Singapore stock picks.......

SINGAPORE STOCKS & SHARES OPEN 0.1% UP AND STI DOWN TO 0.23%

SINGAPORE stocks opened 0.1 per cent higher on Thursday, with the Straits Times Index moving up 2.19 points to 3,120.38 as at 9.01 am.

About 60.6 million shares worth S$52.7 million in total changed hands, which worked out to an average unit price of S$0.87 per share.

The most actively traded counter was Healthway Medical, which rose S$0.001 to S$0.045 with 12.9 million shares changing hands. Other actives included Yangzijiang and ISR Capital.

Gainers outnumbered losers 79 to 41, or about two up for every one down.

STRAITS TIME INDEX (STI):

Analyst forecasts today won't bring any improvement.

The Straits Times Index (STI) ended 7.13 points or 0.23% lower to 3158.57, taking the year-to-date performance to +9.64%, according to SGX. The top active stocks yesterday, March 22, were DBS, which declined 0.05%, Singtel, which declined 1.50%, UOB, which declined 0.27%, CapitaLand, which gained 0.27% and OCBC Bank, with a 0.10% fall. 

The FTSE ST Mid Cap Index declined 0.12%, while the FTSE ST Small Cap Index rose 0.11%.

According to OCBC, the mixed reactions on Wall Street overnight are unlikely to bring any inspiration to the local bourse this morning. 

Get Live Trading Signal With Us – www.equityprofit.com

sgx stock picks, sgx stock recommendations, sgx stock picks, Singapore stock recommendations, Singapore stock picks.......

FOR SPOOFING SINGAPORE STOCK MARKET, EX-DBS VICKERS TRADER DENNIS TEY GETS 16 WEEKS' JAIL

Ex-DBS Vickers trader Dennis Tey Thean Yang was sentenced to 16 weeks in prison on Wednesday (March 22) for spoofing the securities market in the first case brought jointly by the Monetary Authority of Singapore and white-collar crime police.

Tey was granted bail of S$80,000 by District Judge Jasbendar Kaur pending an appeal against his sentence.

Tey, 33, pleaded guilty earlier this month to eight of the 23 charges he faced related to his attempt to artificially move prices through fraudulent securities orders. A broker at DBS Vickers Securities (Singapore) when the offences were committed in late 2012 and 2013, he was also charged with misusing other people's trading accounts without consent.

He could have been jailed for up to seven years and fined up to S$250,000 for each charge, or both.

Spoofing refers to the practice of price manipulation by entering and cancelling large buy or sell orders in the market to give a false impression of market conditions.

According to court papers, Tey sought to manipulate prices of so-called contracts for differences (CFDs), where investors can profit from the price fluctuations of underlying assets without actually owning them.

After purchasing the CFDs, he would make fake orders in the underlying securities which he would then delete.

To carry out his scheme, Tey used three securities and 2 CFD accounts opened in the names of his parents and clients. He engaged in trading on 50 days within a period of 2 months from Oct 24, 2012, to Jan 8, 2013.

He entered 465 orders through the securities accounts and 325 trades through the CFD accounts to make a total profit of S$30,239.

Tey, a Malaysian, who left DBS Vickers in March 2014, was arrested in May 2015 and charged in July last year.

His case is the first pursued jointly by MAS and the police's Commercial Affairs Department since they banded together in March 2015 to probe market misconduct as part of Singapore's efforts to step up policing of its financial industry.

Get Live Trading Signal With Us – www.equityprofit.com

sgx stock picks, sgx stock recommendations, sgx stock picks, Singapore stock recommendations, Singapore stock picks.......

SGX MARKET UPDATE: STI DOWN 0.12%

It may continue to slide modestly today.

According to SGX, the Straits Times Index (STI) ended 3.68 points or 0.12% lower to 3165.7 yesterday, taking the year-to-date performance to +9.89%.

The top active stocks were DBS, which declined 0.68%, Keppel Corp, which declined 0.29%, Kimly, which closed unchanged, Singtel, which gained 0.25% and SPH, with a 0.57% advance. The FTSE ST Mid Cap Index declined 0.28%, while the FTSE ST Small Cap Index declined 0.21%.

OCBC says STI may continue to slide modestly today amid weak morning cues from Kospi and Nikkei. "STI range is tipped to be between 3140-3180. With the UST bond yield curve continue to flatten led longer-dated bonds, the SGS market is likely to follow suit today."

Get Live Trading Signal With Us – www.equityprofit.com

sgx stock picks, sgx stock recommendations, sgx stock picks, Singapore stock recommendations, Singapore stock picks.......

IN SAIGON CENTRE STAKE IS INCREASED KEPPEL LAND

KEPPEL Land on Sunday said it has acquired from its Vietnamese partner, Southern Waterborne Transport Corporation, an additional 16 per cent stake in the joint venture (JV) entities for Saigon Centre in Ho Chi Minh City, Vietnam.

The consideration for the purchase is 845.9 billion Vietnamese dong (about S$53.5 million), satisfied fully in cash and funded by internal financial resources.

Following the acquisition, Keppel Land has raised its aggregate interest in the JV companies for Saigon Centre Phases One and Two from about 45.3 per cent to 53.5 per cent, and its aggregate interest in the JV companies for subsequent phases of Saigon Centre from 68 per cent to 76.2 per cent.

Ang Wee Gee, CEO, Keppel Land, said: "Our increased stake in Saigon Centre reflects Keppel Land's confidence and long-term commitment to contribute to sustainable urbanisation in Vietnam with our quality portfolio of properties."

The transaction is not expected to have any material impact on the earnings per share and net tangible asset per share of Keppel Corporation for the current financial year.

Get Live Trading Signal With Us – www.equityprofit.com

sgx stock picks, sgx stock recommendations, sgx stock picks, Singapore stock recommendations, Singapore stock picks.......

GOOD STOCKS TO WATCH: REITS, PROPERTY; SUPER OFFER NOW UNCONDITIONAL

ASIAN stocks will be trading on Thursday after an expected Fed rate hike.

Despite the hike, the path of rate hikes for the rest of the year was not as steep as feared, analysts said.

That is a positive for commodity-linked and equity-flow-driven emerging market currencies as the fear of a stronger dollar and higher US rates gets dispelled, said Citi Research. These include the Korean, Indian, Indonesian and Malaysian currencies, it said.

In Singapore, interest rate-sensitive real estate investment trusts (Reits) might see trading upon expectations of rate hikes being reset to three this year.

Property stocks remain in the limelight after the government surprised with a slight tweak to cooling measures last week.

Reiterating its "neutral" stance on the sector, Maybank Kim Eng Research said on Wednesday that demand from occupiers remains weak while high land prices drag on developer profitability.

"We believe the market should curb their enthusiasm on outperformers and switch to laggard, UOL, after the recent sector rally," the broker said.

Meanwhile, Super Group said on Thursday morning that its offer by Jacobs Douwe Egberts has turned unconditional in all respects, and the closing date for the offer has been extended to April 25. This means the takeover attempt will be proceeding as planned given that it has been accepted by more than half of existing shareholders.

Shares owned, controlled, or agreed to be acquired by the offeror and concert parties amounted to 56.09 per cent of the company's issued share capital as of March 15.

More Profitable Singapore Stocks of the Day:

• Alliance Mineral
• YZJ Shipbldg SGD
• Genting Sing
• SingTel

Get Live Trading Signal With Us – www.equityprofit.com

sgx stock picks, sgx stock recommendations, sgx stock picks, Singapore stock recommendations, Singapore stock picks.......

THE MONETARY AUTHORITY OF SINGAPORE HAS ISSUED A WARNING AGAINST BINARY TRADING

Financial losses have already been incurred.

The Monetary Authority of Singapore has issued a warning to investors regarding the trading of binary options with unregulated platforms.

The warning comes in the wake of an increase in the number of complaints from investors who have suffered financial losses from such investments.

A binary option is a type of option contract that references an underlying instrument such as stocks, commodities, currencies, and interest rates. According to MAS, unregulated platform providers often use marketing catchphrases such as “trading with zero risk”, “trading amounts of as little as $1”, and “profit payout of 500% per trade” to entice investors to invest.

"Contrary to promises of low investment risks with exceptionally high returns, binary options are in fact speculative and risky investment instruments. There is a high chance of the investor losing his entire investment amount, whether the investor deals with a regulated or unregulated entity. Further, an investor is always exposed to investment risk, whether a product is regulated or not," noted MAS.

Moreover, many of these unregulated platforms are deemed fraudulent and based outside Singapore. Investors who choose to trade with these platforms are unlikely to recover what is lost.

"Investors should know that if they choose to deal with unregulated entities, they will not have access to avenues for dispute resolution should a dispute later arise," stressed MAS.

In order for investors to protect themselves, MAS suggested to think carefully about the claims being made about the products offered.

"If the touted ease of making significant profits sounds too good to be true, it probably is. Always assess whether the investment being offered is suitable for you, in light of your investment objectives and personal circumstances," it stated.

More so, investors should also check if the entities offering the products are regulated by MAS. Investors are given the access to the MAS Financial Institutions Directory, as well as the MAS Investor Alert list.

MAS urges those who suspect that fraud is involved in entities or platforms offering binary options or other products promising unrealistically high returns to submit information online to the authorities.

Get Live Trading Signal With Us – www.equityprofit.com

sgx stock picks, sgx stock recommendations, sgx stock picks, Singapore stock recommendations, Singapore stock picks.......

SGX MARKET SHARES REMAINS SAME ON TUESDAY

SINGAPORE stocks opened unchanged on Tuesday, with the Straits Times Index moving up 0.79 points to 3,147.94 as at 9 am.

About 52.3 million shares worth S$46.8 million in total changed hands, which worked out to an average unit price of S$0.89 per share.

The most actively traded counter was Swee Hong, which rose S$0.001 to S$0.017 with 12.9 million shares changing hands. Other actives included Disa and IHC.

Gainers outnumbered losers 73 to 50, or about three up for every two down.

Singapore Stocks which are floating Well Today:

• ISR Capital
• Alliance Mineral
• YZJ Shipbldg SGD
• HPH Trust USD

These are moving well for Short Term Trading & long term Trading.

Get Live Trading Signal With Us – www.equityprofit.com

sgx stock picks, sgx stock recommendations, sgx stock picks, Singapore stock recommendations, Singapore stock picks.......

SINGAPORE DEVELOPER STOCKS SOARED AS AUTHORITIES EASED SOME PROPERTY-MARKET CURBS

Singapore developer stocks soared as authorities eased some property-market curbs, with analysts saying the changes will buoy shares that have been weighed down by a three-year losing streak for house prices.

Authorities will adjust a framework that limits the amount that home buyers can borrow from March 11, and shorten the time that owners must hold a property to be exempt from a stamp duty on sale, according to a Friday statement. City Developments Ltd, CapitaLand Ltd and UOL Group Ltd led gains on the Straits Times Index, surging at least 4 per cent, while an index of 44 Singapore real-estate companies rallied to the highest since July 2015.

"The stealth move should lead to a scramble to re-rate property developers back to book value on optimism property prices have bottomed and will start to rise from here," said Alan Richardson, a Hong Kong-based investment manager at Samsung Asset Management Co.

Sentiment is positive and has taken the market by surprise after Singapore's budget speech last month didn't mention property easing measures, he added.

The measures are an "incremental positive" amid an abundance of real estate supply coming on coupled with a weak demand outlook, Joshua Crabb, head of Asian equities at a unit of Old Mutual Plc said.

"The question is whether the fundamentals are improving or it's too cheap rather than just the incremental positive which is now announced and known," he added.

Get Live Trading Signal With Us – www.equityprofit.com

sgx stock picks, sgx stock recommendations, sgx stock picks, Singapore stock recommendations, Singapore stock picks.......

SGX MARKET SHARES FALLS ON FRIDAY

SINGAPORE share prices opened 0.17 per cent lower on Friday, with the Straits Times Index (STI) down 5.42 points to 3,113.42 at 9.11am.

The highest value traded stocks were banks UOB (down eight Singapore cents to S$21.34), DBS (down 12 Singapore cents to S$18.82), and shipbuilder Yangzijiang (up 1.5 Singapore cent to S$1.13) at 9.12 am.

Overall, 135.8 million shares worth S$97.2 million changed hands, with gainers outnumbering losers 84 to 83 as at 9.11 am.

On Wall Street, US stocks ended slightly higher on Thursday. The Dow Jones Industrial Average ended up 2.46 points, or 0.01 per cent, to 20,858.19; the S&P 500 gained 1.89 points, or 0.08 per cent, to 2,364.87 and the Nasdaq Composite added 1.26 points, or 0.02 per cent, to 5,838.81.

In Tokyo, stocks also opened higher on Friday with a weak yen boosting exporters. Tokyo's benchmark Nikkei 225 index gained 0.57 per cent, or 109.23 points, to 19,427.81 in early trading, while the Topix index of all first-section issues was up 0.72 per cent, or 11.24 points, to sit at 1,565.92.

Valuable Hot Stocks of The Day

• CapitaLand
• ISR Capital
• Global Logistic
• YZJ Shipbldg SGD

So Earn more With SGX Stock Recommendation.

Get Live Trading Signal With Us – www.equityprofit.com

sgx stock picks, sgx stock recommendations, sgx stock picks, Singapore stock recommendations, Singapore stock picks.......

SGX STOCK ADVICE FOR PROFIT INVESTMENT

Global Logistic Properties: Logistics facilities provider Global Logistic Properties (GLP) has signed 69,000 sq m of new leases in China and Japan over the past three months, it announced on Thursday. The customers are using the facilities to service growing demand from online and offline retail distribution channels, it said.

TTJ Holdings: Structural steel provider TTJ Holdings Ltd posted a 43 per cent drop in net profit for the second quarter ended Jan 31 to S$3.1 million, as revenue and margins took a hit. Revenue slipped 30 per cent to S$19.98 million during the quarter.

Silverlake Axis: One-and-a-half years after a short-selling report targeted software firm Silverlake Axis' complex corporate structure, the company is apparently moving to simplify it. Executive chairman Goh Peng Ooi has proposed to sell his interests in his various Silverlake private entities to the company.

Pavillon Holdings: Pavillon said on Wednesday that it has entered into agreements with two investors from China for investments worth US$10.14 million in its wholly owned subsidiary Pavillon Financial Leasing (PFL). The new investors are Walum Holdings and Tianjin Baorui International Trading; Walum Holdings' investment of US$7.97 million will result in a shareholding of 12.26 per cent, while Tianjin Baorui's investment of US$2.17 million will result in a 3.34 per cent shareholding.

Get Live Trading Signal With Us – www.equityprofit.com

sgx stock picks, sgx stock recommendations, sgx stock picks, Singapore stock recommendations, Singapore stock picks.......

EQUITY PICKS FOR PROFIT INVESTING

Singapore Exchange: SGX will mandate all mainboard companies to allocate to retail investors at least 5 per cent, or S$50 million, whichever is lower, of their initial public offering (IPO). This new rule will kick in from May 2, 2017.

Separately, it is consulting the public on proposed adjustments to increase the minimum bid size for stocks trading in the S$1.00 to S$1.99 (from the current S$0.005 to S$0.01) range; widen the forced order range for stocks; and reinstate a mid-day break from 12 noon to 1pm.

mm2 Asia: Film producer and distributor mm2 Asia on Wednesday updated that it has been advised by Unusual Pte Ltd that the latter plans to lodge its preliminary offer document with the Singapore Exchange after obtaining the shareholders' approval for the proposed listing at an extraordinary general meeting on March 20, 2017.

Ezion Holdings: Oilfield services provider Ezion Holdings is understood to be in final talks with the interim judicial managers (IJMs) of Swissco Holdings, to take over four rigs co-owned by joint ventures between the two parties at a total consideration of over US$16 million.

The Business Times understands that Ezion has upped its offer to over US$4 million per rig after Swissco's IJMs pushed back the earlier takeover bid priced at about US$3 million per rig.

Get Live Trading Signal With Us – www.equityprofit.com

sgx stock picks, sgx stock recommendations, sgx stock picks, Singapore stock recommendations, Singapore stock picks.......

SGX MARKET BILLIONAIRE STOCKS REGISTER 7.5% GAIN

Real estate, industrial sectors dominate.

Singapore’s 102 primary-listed stocks with over $1 billion in market capitalization have averaged a 7.5% gain in the 2017 year-to-date (YTD), taking their average 12-month return to 15.4%.

Business returns of the stocks also tracked the average return on equity (ROE) for the past 12 months and five years, reaching 11.7%

There were 86 gainers and 16 decliners, and the average of 7.5% total return for the year thus far is higher than the 2.7% for the same threshold size of stocks in Indonesia, Thailand, and Malaysia.

Real Estate and Industrial stocks dominated performance leaders, with five of the ten best performers coming from Real Estate and four from Industrial. Together, the 10 best-performing stocks averaged a 27.5% total return. The strongest performers for the past 12 months were GSH Corp, China Aviation Oil Singapore, and Japfa.

The least performing stocks, meanwhile, averaged a -6.4% decline in total return, representing either the Consumer Staples or Consumer Discretionary sectors.

Valuations have also been consistent with P/B ratios at 1.9x for the past 12 months, in addition to the past five years. The average P/E ratio of the billionaire stocks is currently at 23.3x, higher than the five-year average of 20.3x. The 102 stocks average an indicative dividend yield of 3.6%.

Get Live Trading Signal With Us – www.equityprofit.com

sgx stock picks, sgx stock recommendations, sgx stock picks, Singapore stock recommendations, Singapore stock picks.......

EQUITY TRADING PICKS: EMAS OFFSHORE, CHIP ENG SENG, MAPLETREE INDUSTRIAL TRUST

EMAS Offshore: EMAS on Monday requested a trading suspension "with immediate effect", according to its filing to the Singapore Exchange.

It had warned of plans to ask for a voluntary suspension of its shares over the weekend, following an announcement last Friday by the Oslo bourse, where the firm is also listed, that it has suffered the same fate in Norway.

Chip Eng Seng: Construction and property development group Chip Eng Seng sold 420 units - or more than half of the project - over the first weekend sales of Grandeur Park Residences in the heart of Tanah Merah.

The condominium project is undertaken by Chip Eng Seng's property development arm CEL Development. The weekend sale includes two commercial shops. The one-bedroom units were the most sought after.

Mapletree Industrial Trust: MIT on Sunday announced that it will develop a build-to-suit (BTS) data centre for an established data centre operator at an estimated cost of S$60 million. The data centre development project, MIT's third such project, will be located in Singapore's West region.

The six-storey purpose-built data centre with a gross floor area of about 242,000 square feet will be fully leased to the client for an initial term of more than 10 years with staggered rental escalations and renewal options. The project is expected to be completed in the second half of 2018.

SGX Market Penny Stocks of the Day:

• ISR
• Sabana,Noble
• YZJ Shipbldg SGD
• Sembcorp Marine

So Earn More These Stock are profitable for Intraday & Contra Day Trader.

Get Live Trading Signal With Us – www.equityprofit.com

sgx stock picks, sgx stock recommendations, sgx stock picks, Singapore stock recommendations, Singapore stock picks.......

KEPPEL DC REIT CAN EXPECT A GOOD YEAR IN SGX MARKET

For 1Q17, it reflected four months of contribution from SGP3.

Shareholders of Keppel DC REIT can expect a good year for the group, as it completed its acquisition of 90% interest in an SGP 3 in the past month.

According to CIMB, an agreement was reached so that the economic effect of the acquisition would have occurred on December.

"Hence, 1Q17 distributable income would have four months of contributions from SGP 3," CIMB said, noting that for the whole year, DPU could increase 1.7%. It noted this additional one-month contribution from SGP 3 in 1Q17 could lend some support to unit price strength.

It added, "The acquisitions in FY16 would boost FY17 headline DPU growth by 21.3% yoy or 11.6% yoy vs. adjusted FY16 numbers, excluding pro-rata preferential offering and one-off property tax refund." 

Get Live Trading Signal With Us – www.equityprofit.com

sgx stock picks, sgx stock recommendations, sgx stock picks, Singapore stock recommendations, Singapore stock picks.......

STOCK PICKS TO WATCH FOR PROFITABLE STOCK INVESTMENT

The following stocks may be in focus on Friday.

EZRA Holdings on Friday said that the Chapter 11 filing on associated company Emas Chiyoda Subsea (ECS Group) does not deal with its charter-hire liabilities of hundreds of millions that relate to vessels chartered by the ECS Group. The embattled oil-and-gas firm added that it will still face going concern issues if creditors make claims against these liabilities that are guaranteed by Ezra. It has lifted a trading halt on its shares.

Shipbuilder Vard Holdings on Thursday said that it has secured a 350 million Norwegian krone (S$58.5 million) contract for the construction of one pelagic trawler for Shetland-based Research Fishing Company.

Diversified retailer Dairy Farm International's net profit rose 10.5 per cent to US$469.0 million in 2016 as margins improved in its food and Ikea businesses, and contributions rose from associates and joint ventures.

Spackman Entertainment Group on Thursday said that it has entered into an agreement with UOB Kay Hian to be its placement agent, as the company sought to place out up to 38.1 million new shares at S$0.161 apiece.

Lifted by a US$1.1 billion gain from higher value of Hongkong Land's investment property portfolio, Jardine Matheson Holdings' (JMH) net profit for the full year climbed 39 per cent to US$2.5 billion.

Get Live Trading Signal With Us – www.equityprofit.com

sgx stock picks, sgx stock recommendations, sgx stock picks, Singapore stock recommendations, Singapore stock picks.......

DBS GROUP HOLDINGS EXPECTS TO EXPAND ITS WEALTH MANAGEMENT OPERATIONS

DBS Group Holdings expects to expand its wealth management operations as Asia's wealth grows, accounting for as much as 20 per cent of the bank's total income over the next few years, Piyush Gupta, the CEO of Southeast Asia's largest bank by assets, said.

"Our (wealth management) business has doubled in the last 5 or 6 years and is close to 15 per cent of DBS's top line income. Our ambition in the next few years is to get it to 20 per cent of the bank," said Mr Gupta, ahead of a Reuters Newsmaker in Singapore on Thursday.

Under Mr Gupta, 57, who took over the reins in 2009, DBS has more than doubled its profits, broken into the ranks of top five private banks in Asia Pacific and turned around its underperforming Hong Kong unit.

DBS and the private banking arm of rival Oversea-Chinese Banking Corp are jostling for market share in a highly competitive wealth management business in Asia, led by global players such as UBS and Citigroup.

DBS has diversified its business franchise to focus more on transactional banking and wealth management but the bank still earned about 70 per cent to 80 per cent of its profits from Singapore in recent years, highlighting its dependency on its home market.

Mr Gupta said he does not believe acquisitions "at scale" are the way to go for DBS, but the bank will continue to consider bolt-ons to expand its presence overseas.

Income from DBS' wealth management unit jumped 19 per cent to S$1.7 billion in 2016. State investor Temasek Holdings owns a nearly 30 per cent stake in DBS.

Get Live Trading Signal With Us – www.equityprofit.com

sgx stock picks, sgx stock recommendations, sgx stock picks, Singapore stock recommendations, Singapore stock picks.......

SINGAPORE SGX MARKET SHARES RISE 14 POINTS AHEAD

SHARES in the Singapore bourse started Wednesday's trading higher with the key Straits Times Index up 14.03 points at 3,110.64 at 9.03am.

Some 69 million shares worth S$242 million were done with 63 counters up and 68 counters down.

Wall Street pulled back overnight on Tuesday ahead of US President Donald Trump's address to Congress.

"Asian markets will find itself with a flood of leads in today's trade, and could probably serve as a good early assessment for reactions in the other half of the globe," said IG Markets strategist Jingyi Pan.

Get Live Trading Signal With Us – www.equityprofit.com

sgx stock picks, sgx stock recommendations, sgx stock picks, Singapore stock recommendations, Singapore stock picks.......