Olam International: The Saga of Negative FCF and High Leverage Continues
Olam International Ltd (OLAM SP), a Singapore headquartered agri-business company, operating from ‘seed to shelf’ in over 70 countries (and a...
558 Views
Noble Group's FVE at SGD 0.66 Assuming Refinancing Cap of USD 1.2 Billion
We’ve cut our assumptions on Noble Group’s ability to refinance its debt following the recent downgrade by Standard and Poor’s on its rating. We...
198 Views
Noble Group's Share Dive May Be Overdone, but Lack of Transparency Leaves Risks High; FVE Cut
Noble Group’s share price dived 32% on May 11 following a profit warning just hours ahead of the release of first quarter results. While the SGD...
250 Views
Noble Group Consolidates Shares; FVE Adjusts to SGD 1.84
There is no change to our fundamental view on Noble Group, which will be consolidating its share capital from 10 shares to 1 share, effective May...
174 Views
Billionaire Stocks Have Averaged 7.5% Gain in 2017 YTD
Singapore currently has 102 primary-listed stocks with market capitalisation above S$1.0 billion. The 102 stocks provide a wide range of investment...
218 Views