Plastics manufacturer Fu Yu Corp is looking forward to growth again, says CGS-CIMB Securities who is maintaining its “hold” call on the counter at a revised target price of 24 cents.  This is up 3.3 cents from its previous 20.7 cent call and is expected to has a 0.1% upside from the counter...

Five remisiers from various brokerages were charged on August 20 for false trading of 55 SGX-listed securities, ranging from Annica Holdings to Rex International. They are Alan Lee, a former remisier with OCBC Securities, who faces 80 charges for false trading in 55 securities on 80 occasions; Chew ...

Fu Yu Corporation reported a 46.3% y-o-y increase in its earnings to $7.4 million for the 1H20 ended June on August 14, mainly driven by higher other income and foreign exchange gain. Group revenue for the half-year period declined 26% y-o-y to $71.6 million due to decreased sales from the group’s...

SINGAPORE (July 3): RHB Group Research is keeping its “overweight” rating on the technology sector as the semiconductor industry is expected to see a recovery. Sustained capital equipment spending and the global memory rebound can be expected for 2H20, too. In a Friday report, lead analyst Jaric...

SINGAPORE (May 13): DBS Group Research is maintaining its “hold” call on Fu Yu Corp with a target price of 21 cents. In a Wednesday report, analyst Ling Lee Keng says, “We continue to expect FY20 to be weak on the back of the pandemic affecting manufacturing activity and a weakened economic o...

THE following companies saw new developments that may affect trading of their shares on Wednesday.

PRECISION plastic components maker Fu Yu Corporation will continue its Singapore operations during the circuit-breaker period imposed by the government, as it provides manufacturing services that are part of the essential supply chain.

SINGAPORE (Apr 6): Companies are expected to see immense pressure of their cash flows, as business grinds to a halt amid the Covid-19 pandemic. Small- and medium-sized enterprises (SMEs), in particular, are expected to face a liquidity crunch as business dwindles on efforts to contain the outbreak....

DBS Group Research has downgraded precision plastic components manufacturer Fu Yu Corporation to "hold" after factoring in an estimated 25 per cent fall in FY2020 earnings due to the dampened economic outlook brought about by Covid-19.

SINGAPORE (Mar 16): The share prices of most companies have sank in tandem with the Covid-19 outbreak, and this could well be a concern for investors.  Although this stock’s share price has dived some 24% year-to-date, RHB Group Research says that there is no reason to panic, but instead an oppo...