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Straits Times 3,135.95 +7.50 +0.24%
Hang Seng 26,231.54 -60.30 -0.23%
Dow Jones 26,135.79 +249.78 +0.96%
Shanghai Composite 2,880.00 -3.09 -0.11%
STI Lunchbell Top Gainers And Losers – 21/11/14
Lunchbell Update | 21 November 2014
Related stocks:
5DW
A27
T18
5FH
569
By:

The Straits Times Index (STI) closed up 26.64 point (0.8 percent) at 3,342.24. The market traded on moderate volume of 131.41 million shares traded with 213 gainers and 123 losers as of 2:13pm.

Notable gainers were BlueSkyPower, Renewable Energy, MDR, TPV Tech and China Auto Elec, with BlueSkyPower leading the pack.

Notable losers were Hoe Leong R, Hoe Leong R250, Advance SCT, China Intl and Vicplas Intl, with Hoe Leong R leading the pack.

In other alerts, Keppel Telecommunications & Transportation agreed to acquire a data centre located in Almere, the Netherlands for a price that has yet to be disclosed. The property, Almere Data Centre 2 is a purpose-built shell and core data centre facility strategically located on a freehold land that is 40 minutes away from Amsterdam. At the same time, a binding letter of intent was inked with a major tenant who has committed to lease approximately 40 percent of the space at the data centre.

TPV Technology’s revenue declined 4.4 percent to US$3 billion for the three months ended 30 September, attributable to a fall in sales across all geographical markets except China and North America. Despite the poorer revenue performance, gross profit was up 28.3 percent, helped by initiatives to tighten inventory control and improve channel management. Subsequently, the company turned the corner and recognise a net profit of US$34.8 million. For the nine months, revenue slid 3 percent to US$8.4 billion while losses shrank 86.6 percent to US$9.4 million.

Renewable Energy Asia Group  -- -- --   
Business: Renewable energy biz.

Insight: Jun-14, Co inked a cooperative framework agreement... Read More
MDR  -- -- --   
Business: After-market service provider for mobile phones & various consumer electronics products. [FY18 Turnover] Distribution mgt solutions (DMS) (90.2%), after mkt svcs (AMS) (7.3%), digital inkjet printing for out of home advertising solutions (DPAS) (2%), investment (0.5%).

Insight: May-19, 1Q19 revenue rose 7.2% mainly due to incre... Read More
TPV Technology  0.640 +0.005 +0.79%   
Business: Co designs, manufactures, and distributes computer monitors, flat TV products, and other display products. [FY18 Turnover] Monitors (55.5%), TVs (39.9%), others (4.6%).

Insight: May-19, 1Q19 revenue fell 8.6% to US$2b due to low... Read More
Citicode  0.001 -- --   
Business: Co produces and supplies copper-based products to electronic and power industries.

Insight: Jul-18, 1H18 revenue fell marginally by 3% to $35.... Read More
VicPlas Int'l  -- -- --   
Business: R&D & mfr of medical devices thru our subsi, Forefront Medical Tech; mfg plastic bldg pdts i.e. pipes. [FY18 Turnover] Pipes & pipe fittings (55.8%), medical devices (44.2%).

Insight: Sep-18, FY18 revenue rose 7.8% to $68.7m mainly du... Read More


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