Fides’ Take: Plantations In Malaysia

[SECTOR UPDATE: Plantation – Malaysia] Recent news:Malaysia Palm Oil Board (MPOB) reported palm oilinventory jumped to 2.4m tonnes as of end-Sep 19, within market expectations. Palm oil inventory level hit a five-month high on lower exports and CPO production. Decreased exports to China and India:Palm oil exports were at approximately 1.29m tonnes in Sep 19,…

MapleTree Commercial Trust

[Mapletree Commercial Trust]MCT SP (N2IU.SI) Action: BUYShare Price: SGD$2.050Target Price: SGD$2.20 Mapletree Commercial Trust is a Singapore-focused real estate investment trust. The Trust invests on a long-term basis, directly or indirectly, in a diversified portfolio of income-producing real estate used primarily for office and/or retail purposes, whether wholly or partially, as well as real estate-related…

[Update: China Gas]

Congratulations to everyone that has entered based on our estimate entry price of HKD$24.80. You would have already made approximately +14.78% on this trade. Kindly refer to our post dated 1st June 2019 (Link attached below) Current Price: $29.10 We would like to maintain a BUY action on this counter with a few factors to…

Update On Positions

[17th June Post] If you have been following us, then here’s the good news. DBS Group Holdings Entry Price: SGD$23.90 / Current Price: SGD$24.66 / ROI to date: +3% Razor Inc Entry Price: HKD$1.20 / Current Price: HKD$1.490 / ROI to date: +19.5% Singapore Airlines Limited Entry Price: SGD$8.70 / Current Price: SGD$9.17 / ROI…

FIDES TAKE: HANA MICROELECTRONICS (HANA-R.BK)

[FIDES ASSETS: HANA MICROELECTRONICS – SET) 7th June 2019 Action: SELL/SHORT for HANA MICROELECTRONICS (HANA-R.BK) listed on SET) Hana Microelectronics Public Company Limited (HANA), together with its subsidiaries, manufactures and trades in electronic components. It offers printed circuit board assemblies and integrated circuits. The company also provides agent and customer services. It has operations in Thailand, Malaysia,…

FIDES TAKE: VALUETRONICS (VALUE SP)

[FIDES ASSETS: VALUETRONICS – SGX] 6th June 2019 Action: BUY for VALUETRONICS (BN2.SI) listed on SGX Valuetronics Holdings Ltd. offers original equipment manufacturing and original design manufacturing services. The Company serves customers in the telecommunications, industrial, commercial electronic products, and consumer electronic products industries (as per Bloomberg). VALUETRONICS has an existing market capital of SGD$265m. As of…