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Mattie Ming

An arbitrage trader

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- Mattie MingMattie Ming
  ·2024-03-11
  Uncover Cathie Wood's latest insights
  Find out more here:Uncover Cathie Wood's latest insights ARK ETF soars with 70% gain in 2023: uncover Cathie Wood's latest insights
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  Uncover Cathie Wood's latest insights
- Mattie MingMattie Ming
  ·2024-02-16
  Make sense
  Singapore Stocks to Watch: SIA, SIA Engineering, F&N, Silverlake, Jiutian Chemical
  THE following companies saw new developments that may affect trading of their securities on Friday (Feb 16):$SINGAPORE Airlines(C6L.SI)$ (SIA) recorded a year-on-year, 14.4 per cent rise in group pass
  Singapore Stocks to Watch: SIA, SIA Engineering, F&N, Silverlake, Jiutian Chemical
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(SIA) recorded a year-on-year, 14.4 per cent rise in group pass","content":"<html><head></head><body><p>THE following companies saw new developments that may affect trading of their securities on Friday (Feb 16):</p><p><a href=\"https://laohu8.com/S/C6L.SI\">SINGAPORE Airlines</a> (SIA) recorded a year-on-year, 14.4 per cent rise in group passenger traffic to 12.6 billion for January 2024, it said on Thursday (Feb 15).</p><p style=\"text-align: start;\">Within the group, the flagship airline’s revenue passenger-kilometres rose 14.3 per cent to 9.6 billion from 8.4 billion year on year. Passenger traffic, expressed as revenue passenger-km, indicates the number of passengers carried multiplied by the distance flown.</p><p style=\"text-align: start;\">Passenger capacity across the group rose 16.5 per cent on-year to 14.7 billion from 12.7 billion, outpacing January’s revenue passenger-km<strong> </strong>due to the shift in the Chinese New Year to February.</p><p><a href=\"https://laohu8.com/S/F99.SI\">Fraser and Neave</a> (F&amp;N) on Thursday (Feb 15) announced that its Malaysian unit Fraser &amp; Neave Holdings Berhad (F&amp;NHB) has agreed, through a subsidiary, to lease an industrial land parcel in Cambodia for a total consideration of US$3.9 million.</p><p style=\"text-align: start;\">Bursa Malaysia-listed F&amp;NHB intends to build a dairy manufacturing facility on the 32,200 square metre (sq m) land parcel, which it has leased for 50 years starting from Feb 1, 2024, noted F&amp;N in the announcement. The statement was also filed on the Malaysian bourse.</p><p><a href=\"https://laohu8.com/S/S59.SI\">SIA Engineering Company</a> (SIAEC) has reported net profit of $26.9 million for the 3QFY2023/2024 ended Dec 31, 2023, more than double its net profit of $12.8 million in the corresponding period last year.</p><p style=\"text-align: start;\">Net profit for the 9MFY2022/2023 also increased 90.3% y-o-y to $86.2 million.</p><p style=\"text-align: start;\">Revenue for 3QFY2023/2024 improved 40.2% y-o-y to $291.7 million while group expenditure rose at a lower rate of 33.8% y-o-y to $295.1 million mainly due to an increase in manpower costs and material costs.</p><p><a href=\"https://laohu8.com/S/C8R.SI\">Jiutian Chemical Group</a> has issued a profit warning for FY2023 ended Dec 31, 2023, saying it expects to announce a net loss for the full-year period. </p><p style=\"text-align: start;\">In a Feb 15 bourse filing, its Board of Directors says this is mainly due to a decline in the average selling prices of its main products — dimethylformamide and methylamine — arising from an industry-wide softening of demand and significant production capacity added by a new competitor since 4Q2022. </p><p style=\"text-align: start;\">The competitor is Jiangxi Xinlianxin Chemical Industry, a subsidiary of Henan XinLianXin Chemical Group Co. Ltd.</p><p><a href=\"https://laohu8.com/S/5CP.SI\">Silverlake Axis</a> has reported earnings of RM89.3 million ($25.2 million) for the 1HFY2024 ended Dec 31, 2023, an 11% decrease compared to its earnings of RM99.7 million in the corresponding period last year.</p><p style=\"text-align: start;\">Revenue in the half-year period increased 1% y-o-y to RM397.4 million while cost of sales increased 9% y-o-y to RM177.2 million.</p><p style=\"text-align: start;\">The company&#39;s total recurring revenue, which gives better earnings visibility and accounts for 75% of its overall revenue, increased 7% y-o-y to RM298.8 million.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore Stocks to Watch: SIA, SIA Engineering, F&N, Silverlake, Jiutian Chemical</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore Stocks to Watch: SIA, SIA Engineering, F&N, Silverlake, Jiutian Chemical\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1050470178\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/f17a9a7b68c877792d5e556261e9e709);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">TigerNews SG </p>\n<p class=\"h-time\">2024-02-16 08:33</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>THE following companies saw new developments that may affect trading of their securities on Friday (Feb 16):</p><p><a href=\"https://laohu8.com/S/C6L.SI\">SINGAPORE Airlines</a> (SIA) recorded a year-on-year, 14.4 per cent rise in group passenger traffic to 12.6 billion for January 2024, it said on Thursday (Feb 15).</p><p style=\"text-align: start;\">Within the group, the flagship airline’s revenue passenger-kilometres rose 14.3 per cent to 9.6 billion from 8.4 billion year on year. Passenger traffic, expressed as revenue passenger-km, indicates the number of passengers carried multiplied by the distance flown.</p><p style=\"text-align: start;\">Passenger capacity across the group rose 16.5 per cent on-year to 14.7 billion from 12.7 billion, outpacing January’s revenue passenger-km<strong> </strong>due to the shift in the Chinese New Year to February.</p><p><a href=\"https://laohu8.com/S/F99.SI\">Fraser and Neave</a> (F&amp;N) on Thursday (Feb 15) announced that its Malaysian unit Fraser &amp; Neave Holdings Berhad (F&amp;NHB) has agreed, through a subsidiary, to lease an industrial land parcel in Cambodia for a total consideration of US$3.9 million.</p><p style=\"text-align: start;\">Bursa Malaysia-listed F&amp;NHB intends to build a dairy manufacturing facility on the 32,200 square metre (sq m) land parcel, which it has leased for 50 years starting from Feb 1, 2024, noted F&amp;N in the announcement. The statement was also filed on the Malaysian bourse.</p><p><a href=\"https://laohu8.com/S/S59.SI\">SIA Engineering Company</a> (SIAEC) has reported net profit of $26.9 million for the 3QFY2023/2024 ended Dec 31, 2023, more than double its net profit of $12.8 million in the corresponding period last year.</p><p style=\"text-align: start;\">Net profit for the 9MFY2022/2023 also increased 90.3% y-o-y to $86.2 million.</p><p style=\"text-align: start;\">Revenue for 3QFY2023/2024 improved 40.2% y-o-y to $291.7 million while group expenditure rose at a lower rate of 33.8% y-o-y to $295.1 million mainly due to an increase in manpower costs and material costs.</p><p><a href=\"https://laohu8.com/S/C8R.SI\">Jiutian Chemical Group</a> has issued a profit warning for FY2023 ended Dec 31, 2023, saying it expects to announce a net loss for the full-year period. </p><p style=\"text-align: start;\">In a Feb 15 bourse filing, its Board of Directors says this is mainly due to a decline in the average selling prices of its main products — dimethylformamide and methylamine — arising from an industry-wide softening of demand and significant production capacity added by a new competitor since 4Q2022. </p><p style=\"text-align: start;\">The competitor is Jiangxi Xinlianxin Chemical Industry, a subsidiary of Henan XinLianXin Chemical Group Co. Ltd.</p><p><a href=\"https://laohu8.com/S/5CP.SI\">Silverlake Axis</a> has reported earnings of RM89.3 million ($25.2 million) for the 1HFY2024 ended Dec 31, 2023, an 11% decrease compared to its earnings of RM99.7 million in the corresponding period last year.</p><p style=\"text-align: start;\">Revenue in the half-year period increased 1% y-o-y to RM397.4 million while cost of sales increased 9% y-o-y to RM177.2 million.</p><p style=\"text-align: start;\">The company&#39;s total recurring revenue, which gives better earnings visibility and accounts for 75% of its overall revenue, increased 7% y-o-y to RM298.8 million.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"S59.SI":"新航工程","C6L.SI":"新加坡航空公司","C8R.SI":"九天化工","F99.SI":"星狮集团"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1100280857","content_text":"THE following companies saw new developments that may affect trading of their securities on Friday (Feb 16):SINGAPORE Airlines (SIA) recorded a year-on-year, 14.4 per cent rise in group passenger traffic to 12.6 billion for January 2024, it said on Thursday (Feb 15).Within the group, the flagship airline’s revenue passenger-kilometres rose 14.3 per cent to 9.6 billion from 8.4 billion year on year. Passenger traffic, expressed as revenue passenger-km, indicates the number of passengers carried multiplied by the distance flown.Passenger capacity across the group rose 16.5 per cent on-year to 14.7 billion from 12.7 billion, outpacing January’s revenue passenger-km due to the shift in the Chinese New Year to February.Fraser and Neave (F&N) on Thursday (Feb 15) announced that its Malaysian unit Fraser & Neave Holdings Berhad (F&NHB) has agreed, through a subsidiary, to lease an industrial land parcel in Cambodia for a total consideration of US$3.9 million.Bursa Malaysia-listed F&NHB intends to build a dairy manufacturing facility on the 32,200 square metre (sq m) land parcel, which it has leased for 50 years starting from Feb 1, 2024, noted F&N in the announcement. The statement was also filed on the Malaysian bourse.SIA Engineering Company (SIAEC) has reported net profit of $26.9 million for the 3QFY2023/2024 ended Dec 31, 2023, more than double its net profit of $12.8 million in the corresponding period last year.Net profit for the 9MFY2022/2023 also increased 90.3% y-o-y to $86.2 million.Revenue for 3QFY2023/2024 improved 40.2% y-o-y to $291.7 million while group expenditure rose at a lower rate of 33.8% y-o-y to $295.1 million mainly due to an increase in manpower costs and material costs.Jiutian Chemical Group has issued a profit warning for FY2023 ended Dec 31, 2023, saying it expects to announce a net loss for the full-year period. In a Feb 15 bourse filing, its Board of Directors says this is mainly due to a decline in the average selling prices of its main products — dimethylformamide and methylamine — arising from an industry-wide softening of demand and significant production capacity added by a new competitor since 4Q2022. The competitor is Jiangxi Xinlianxin Chemical Industry, a subsidiary of Henan XinLianXin Chemical Group Co. Ltd.Silverlake Axis has reported earnings of RM89.3 million ($25.2 million) for the 1HFY2024 ended Dec 31, 2023, an 11% decrease compared to its earnings of RM99.7 million in the corresponding period last year.Revenue in the half-year period increased 1% y-o-y to RM397.4 million while cost of sales increased 9% y-o-y to RM177.2 million.The company's total recurring revenue, which gives better earnings visibility and accounts for 75% of its overall revenue, increased 7% y-o-y to RM298.8 million.","news_type":1},"isVote":1,"tweetType":1,"viewCount":941,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"posts","isTTM":true}