Shares & Derivatives
Good results from Straco, CEFC and Atlantic Navigation during the latest reporting season…..watch out for my comments on these later this week
By Kevin Scully-Financial Blog  •  March 3, 2014
Good results from Straco, CEFC and Atlantic Navigation during the latest reporting season.....watch out for my comments on these later this week Monday, 3 March, 2014  7:18 AM
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.


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By Kevin Scully-Financial Blog
Kevin began his working life in the regional and economics division of the Ministry of Foreign Affairs. He then moved to the private sector analyzing equities before venturing out to start NRA Capital. After 25 years of watching stocks and living through financial disarray during the Pan Electric Crisis, the 1987 Crash, the Barings debacle, the Gulf War, Asian financial crisis - what can sub-prime do but add another scar to already bruised wounds. Ever since starting his blog, Kevin has been enthusiastically giving his personal views on the market. He discusses about equities, the market turmoil, and the broad economy.
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