In today’s briefing:
- Delfi Ltd (DELFI SP) – Sweeter Times Ahead?
- Helixtap China Report: Declining Inventory Point At Improved Demand; Sustainability Questionable
- REIT Watch – S-REITs announce their schedule for upcoming earnings season
- Nokian Gifts Romania World’s First Zero CO2 Emission Tire Factory
- CNMC, Travelite, Noel Gifts and LMS Compliance directors raise stakes
Delfi Ltd (DELFI SP) – Sweeter Times Ahead?
- Delfi Ltd (DELFI SP) saw some impact from the weaker IDR and higher cocoa prices in 1H2024 but prospects for 2H2024 look more promising with less expected disruption.
- The company continues to roll out new distribution across modern trade independent and general trade as well as new variants for existing best-selling brands such as Silver Queen chocolate.
- The company remains confident that the cocoa price will decline from current levels although it may remain higher than historic levels. Valuations remain attractive.
Helixtap China Report: Declining Inventory Point At Improved Demand; Sustainability Questionable
- Inventory lowest since February 2024
- Arbitrage widens for African and Indonesian rubber
- Expansion in imports & exports in August
REIT Watch – S-REITs announce their schedule for upcoming earnings season
- Schedule of S-REITs & Property Trusts Earnings or Business Updates ParkwayLife REIT 16-Oct After Market Business Update 18-Oct Before Market Business Update CapitaLand Integrated Commercial Trust 5-Nov Before Market Business Update 5-Nov Before Market Business Update 5-Nov Before Market Financial Results.
Nokian Gifts Romania World’s First Zero CO2 Emission Tire Factory
- EUR 650 mn Oradea plant to start commercial production in 2025
- EUR 250 million for plant comes in EC-approved state aid and EIB loan
- Nokian sets up new production line for heavy tire inner tubes at Nokia
CNMC, Travelite, Noel Gifts and LMS Compliance directors raise stakes
- Institutions were net sellers of Singapore stocks over the five trading sessions spanning Oct 11 to Oct 17, with S$144 million of net institutional outflow, partially reversing the preceding 10 sessions of S$251 million net inflow.
- This has brought net institutional flow in the 2024 year to Oct 17, back to a net outflow of S$21 million.
- Leading the net institutional outflow over the five sessions through to Oct 17 were United Overseas Bank, Singapore Telecommunications, Singapore Airlines, Capitaland Ascendas REIT, Keppel, Capitaland Integrated Commercial Trust, Genting Singapore, Seatrium, Mapletree Pan Asia Commercial Trust and Jardine Matheson Holdings.
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Data and News
- ✓ Events & Webinars
