Posted by Kevin Scully
The FY2013 reporting season is finally over. Good results from the following:
a) Straco Corporation (Yield stock pick) - revenue higher by 32% and net profit higher by 73% to S$34mn
b) Atlantic Navigation (Growth stock pick) - revenue higher by 32.9% and net profit up by 21.5 times to US$12.9mn from US$0.6mn previously
c) CEFC International (not a recommended stock but keeping in view) - revenue higher by 514% to US$977mn and net profit higher by 234% to US$0.61mn.
I still like all of them and will be commenting on them later this week.