Singapore Daily Briefs | Page 13 of 116

Jun 21

Daily Brief Singapore: SGX Rubber Future TSR20 and more

By Smartkarma Daily Briefs | Daily Briefs, Singapore

In today’s briefing:

Indian NR Production Marginally Improves, Consumption Down

Indian NR Production Marginally Improves, Consumption Down

By Vinod Nedumudy

FY 2024-25 NR production at 875,000 tons, consumption 1.41 mn tons
Compound rubber imports go up by 44.5% to 245,407 tons in FY 24-25
Replanting supported primarily by pineapple farming contractors

💡 Before it’s here, it’s on Smartkarma

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

Jun 20

Daily Brief Singapore: Kimly Ltd and more

By Smartkarma Daily Briefs | Daily Briefs, Singapore

In today’s briefing:

Kimly: Stable Consumer Business, with Negative Working Capital and 6.1% Yield

Kimly: Stable Consumer Business, with Negative Working Capital and 6.1% Yield

By Punit Khanna

Kimly is a traditional coffee shop, food court and industrial canteen operator in Singapore
The business is stable ( revenue & ROE) & the company enjoys high occupancy rate
Profitability is facing challenge due to rising operational costs and increasing competition

💡 Before it’s here, it’s on Smartkarma

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

Jun 19

Daily Brief Singapore: SGX Rubber Future TSR20 and more

By Smartkarma Daily Briefs | Daily Briefs, Singapore

In today’s briefing:

Tire Trade At Tipping Point After US Q1 Import Shifts

Tire Trade At Tipping Point After US Q1 Import Shifts

By Vinod Nedumudy

Truck tire imports from Thailand fell 41% YoY in Jan-Feb 2025
Q1 2025 tire imports rise 3–4% year-on-year
Vietnam, Japan, Cambodia gain as China, Thailand falter

💡 Before it’s here, it’s on Smartkarma

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

Jun 17

Daily Brief Singapore: SGX Rubber Future TSR20, OUE REIT, Q & M Dental Group (Singapore) and more

By Smartkarma Daily Briefs | Daily Briefs, Singapore

In today’s briefing:

Helixtap China Report: China Rubber Market Faces Continued Headwinds
REIT Watch – Diversified S-REITs’ operating performance remain resilient amid market uncertainties
STI Banks Lead Weekly Buyback Consideration Tally

Helixtap China Report: China Rubber Market Faces Continued Headwinds

By Arusha Das

Physical-to-INE spreads indicate sluggish near-term demand
Rising availability and tepid downstream suggests prices may remain under pressure
April’s import and export data highlights the caution in the market

REIT Watch – Diversified S-REITs’ operating performance remain resilient amid market uncertainties

By Geoff Howie

Suntec REIT’s 1Q 2025 gross revenue increased 3.4% y-o-y to S$113.5 million, with DPU up 3.4% y-o-y.
CICT’s 1Q 2025 gross revenue was S$395.3 million, up 1.1% y-o-y, with NPI increasing 1.4% y-o-y.
Suntec REIT completed S$730 million refinancing, resulting in annual interest savings of approximately S$1.8 million.

STI Banks Lead Weekly Buyback Consideration Tally

By Geoff Howie

Institutions were net sellers of Singapore stocks with a net outflow of S$80 million from June 6-12.
DBS Group Holdings, United Overseas Bank, and Oversea-Chinese Banking Corporation led share buybacks totaling S$66.8 million.
Q & M Dental Group’s CEO increased his stake to 54.92% amid ongoing share buyback program since May 8.

💡 Before it’s here, it’s on Smartkarma

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

Jun 14

Daily Brief Singapore: SGX Rubber Future TSR20 and more

By Smartkarma Daily Briefs | Daily Briefs, Singapore

In today’s briefing:

EU Opens Tire Duty Probe Against China, Straining Trade Environs

EU Opens Tire Duty Probe Against China, Straining Trade Environs

By Vinod Nedumudy

Investigation covers HS codes 40111000 and 40112010
China criticizes EU protectionism, warns of market impact
EU tire makers to benefit but consumers may feel the pinch

💡 Before it’s here, it’s on Smartkarma

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

Jun 12

Daily Brief Singapore: SGX Rubber Future TSR20 and more

By Smartkarma Daily Briefs | Daily Briefs, Singapore

In today’s briefing:

Cambodian Tire Sector Propels Domestic Rubber Amid Price Rally

Cambodian Tire Sector Propels Domestic Rubber Amid Price Rally

By Vinod Nedumudy

Rubber exports fetch US$148 million despite volume decline
Two big tire factories bring $335 million investment
Local tire demand is reshaping rubber supply priorities

💡 Before it’s here, it’s on Smartkarma

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

Jun 10

Daily Brief Singapore: SGX Rubber Future TSR20, Frasers Centrepoint Trust, Olam Group, Wing Tai Holdings and more

By Smartkarma Daily Briefs | Daily Briefs, Singapore

In today’s briefing:

FY 2025 Marks Shrinking Margins For Indian Tire Majors
REIT Watch – Keppel DC REIT scheduled to join STI from 23 June
The Broader Beat: Market Movers Beyond the Benchmark
Ongoing Share Purchases by Dr Ng in Q&M

FY 2025 Marks Shrinking Margins For Indian Tire Majors

By Vinod Nedumudy

MRF stages recovery in margin in Q4, others suffer
CEAT breaches US$1.51 billion for the first time in revenue in FY25
High raw material costs eat into profits of majors

REIT Watch – Keppel DC REIT scheduled to join STI from 23 June

By Geoff Howie

Keppel DC REIT re-enters the STI, increasing S-REITs’ combined weight to over 10%, with a market cap of S$4.9 billion.
In 1Q 2025, Keppel DC REIT’s distributable income rose 59.4% year-on-year, with a 14.2% increase in distribution per unit.
Keppel DC REIT’s 2024 acquisitions included Tokyo Data Centre 1 and two AI-ready hyperscale data centres in Singapore.

The Broader Beat: Market Movers Beyond the Benchmark

By Geoff Howie

The STI generated a 6.5% total return for 2025 to June 6, with an annualised return of 8.5%.
SIA Engineering and Singapore Land Group achieved highest gains among non-STI stocks with market capitalisation above S$3 billion.
Sheng Siong Group reported a 15% total return for 2025 to June 6, with increased revenue and net profit.

Ongoing Share Purchases by Dr Ng in Q&M

By Geoff Howie

Institutions were net sellers of Singapore stocks with a S$32 million outflow, totaling S$1.76 billion year-to-date.
19 companies conducted share buybacks totaling S$46 million; City Developments announced a 10% preference share buyback.
Directors and CEOs filed 13 acquisitions with no disposals; substantial shareholders filed 11 acquisitions and five disposals.

💡 Before it’s here, it’s on Smartkarma

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

Jun 07

Daily Brief Singapore: Great Eastern Holdings, SGX Rubber Future TSR20 and more

By Smartkarma Daily Briefs | Daily Briefs, Singapore

In today’s briefing:

Great Eastern (GE SP): OCBC Bumps Terms – $30.15/Share Exit Offer
Higher Rubber Values Come In Handy For Vietnam, Though Volume Down

Great Eastern (GE SP): OCBC Bumps Terms – $30.15/Share Exit Offer

By David Blennerhassett

The prior Offer for Great Eastern Holdings (GE SP) closed on the 12th July 2024, with OCBC holding 93.62%. Shares have been suspended ever since. Compulsory acquisition was not afforded.
To break the deadlock, I mused in This Needs To Be Sorted: Great Eastern (GE SP)’s Protracted Suspension, that OCBC needed to come out with a improved Offer of ~S$30/share.
That has now unfolded. Minorities have the option of a S$30.15/share Exit Offer; or voting for the resumption of trading, which will be possible via the issuance of bonus shares.