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Straits Times 3,160.69 -6.15 -0.19%
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STI Lunchbell Top Gainers And Losers – 18/11/14
Lunchbell Update | 18 November 2014
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By:

The Straits Times Index (STI) closed up 13.70 point (0.42 percent) at 3,302.37. The market traded on moderate volume of 114.1 million shares traded with 172 gainers and 152 losers as of 12:09pm.

Notable gainers were Digiland Intl, S i2i, EuNetworks , Ban Leong and LifeBrandz , with Digiland Intl leading the pack.

Notable losers were Luzhou Bio-Chem, LH, Full Apex, Craft Print and TA, with Luzhou Bio-Chem leading the pack.

In other alerts, Cacola Furniture International saw a 38.8 percent drop in revenue to Rmb5.7 million for the third quarter ended 30 September, attributable to decline in sales across all product segments. Despite the weaker performance, as the company was able to cut overall expenses especially a 47 percent reduction in administrative expenses, caused losses to minimise 53.4 percent to Rmb5.1 million. For the nine months, revenue fell 30.9 percent to Rmb17.9 million while losses shrank 31.6 percent to Rmb24.7 million.

Wee Hur Holdings booked a multi-fold gain in revenue to $455.3 million for the third quarter ended 30 September, helped by the full recognition of revenue and gross profit for its industrial development property, Premier@Kaki Bukit. Subsequently, net earnings shifted up to $88.8 million from $4.7 million. For the nine months, revenue grew 145.5 percent to $603 million and earnings jumped 679.8 percent to $102.5 million.

Ban Leong Technologies  -- -- --   
Business: Co engages in the wholesale and distribution of computer peripherals, accessories, and other multimedia products. [FY18 Turnover] Multimedia (65.2%), IT accessories (32.9%), data storage (1.9%).

Insight: Nov-19, 1H19 revenue decreased 3.1% wad due to dec... Read More
Luzhou Bio-Chem Technology  -- -- --   
Business: Co is a corn refiner engaged in production & distribution of sweeteners, corn starch, & by-pdts of starch. [FY18 Turnover] Corn refining (99.9%), others (0.1%).

Insight: May-19, 1Q19 revenue rose 3% mainly due to increas... Read More
Abundance Int'l  -- -- --   
Business: Co engages in the trading of chemical products.

Insight: Feb-19, FY18 revenue decreased 21.1% to US$413.4m ... Read More
TA Corp  -- -- --   
Business: Co is engaged in the construction industry as well as the devt & sale of residential & other types of ppties. [FY17 Turnover] Construction (67.8%), real estate invs (7.3%) real estate devt (13.1%) & distribution & others (11.8%).

Insight: Nov-18, 9M18 revenue fell 41.9% to $92.4m mainly a... Read More


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