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Straits Times 3,430.02 +6.64 +0.19%
KLSE Composite 1,723.54 +2.86 +0.17%
Hang Seng 30,003.49 +185.42 +0.62%
Dow Jones 23,577.59 -13.24 -0.06%
STI Lunchbell Top Gainers And Losers – 24/12/14
Lunchbell Update | 24 December 2014
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H16
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The Straits Times Index (STI) closed up 12.36 point (0.37 percent) at 3,344.87. The market traded on moderate volume of 84.05 million shares traded with 192 gainers and 117 losers as of 12:21pm.

Notable gainers were Next-Gen Sat, Ouhua Energy, Elektromotive, E2-Capital and LifeBrandz, with Next-Gen Sat leading the pack.

Notable losers were Advanced Systems, ES, Asian Micro, HuanHsin and Magnus Energy, with Advanced Systems leading the pack.

Atlantic Navigation Holdings (Singapore) announced the setup of a new joint venture, Atlantic Venture Inc, with an unrelated party. The joint venture has acquired a new vessel, allowing Atlantic Navigation Holdings (Singapore) to manage the new vessel for 3 years with possible renewals. Also, the company secured two contract renewals which will see a one-year extension to its charter of two vessels supporting works in Abu Dhabi and Africa, bringing the potential contract value to approximately US$33 million.

AusGroup’s subsidiary MAS Australasia has been awarded an AUD68.5 million scaffolding contract extension with CB&I Kentz Joint Venture. MAS will continue to provide scaffolding services, including management personnel, scaffold design and engineering and coordination assistance through the supply of labour services. With the award of this contract, AusGroup’s order book now stands at AUD486 million.

Next-Generation Satellite Communications  0.002 -- --   
Business: Engaged in the business of providing satellite-based services to a variety of industries.

Insight: Aug-17, 1Q18, Co did not recognise any revenue for... Read More
Ouhua Energy Hldgs  -- -- --   
Business: Co engages in engrg, trdg and contracting svcs in the offshore oil & gas, petrochemical, chemical & marine industries and electronics industry.

Insight: Aug-17, 1H17 revenue rose 17.6% mainly due to an i... Read More
Arion Entertainment Singapore  -- -- --   
Business: Co engages in the publishing business in Malaysia. [FY17 Turnover] Circulation (78%), advertisement (20.4%), exhibition and events (1.6%).

Insight: Nov-17, 1H18 revenue decreased marginally by 3.1%.... Read More
Advanced Systems Automation  -- -- --   
Business: Co manufactures automatic molding machines and other back-ended assembly equipment for the semiconductor industry. [FY16 Turnover] Equipment contract manufacturing services (75%), equipment (25%).

Insight: Aug-17, 1H17 net loss expanded 90.7% despite a 4% ... Read More
ES Group (Hldgs)  -- -- --   
Business: Co builds, converts, and repairs ships, tankers, and other ocean-going vessels. [FY16 Turnover] New building & conversion (84%), repair (16%).

Insight: Aug-17, 1H17 revenue decreased by 7.3% due to the ... Read More
Asian Micro Hldgs  0.015 +0.003 +25.00%   
Business: Co provides compressed natural gas supply and related products and services. [FY17 Turnover] Natural gas vehicle (65.9%), trading (34.1%).

Insight: Aug-17, FY17, Co fell deeper into the red with a n... Read More
Huan Hsin Hldgs  0.019 -0.007 -26.92%   
Business: Manufacturer of OEM & ODM used in products such as laptop hull module & printer. [FY16 Turnover] Moulded plastic pdts & finished pdt assembly (64.8%), wire, cable & related components (34.8%), others (0.4%).

Insight: Apr-17, Co's auditor raised opinion of material un... Read More


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