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Smart Look At The Week Ahead: Jardine, Keppel Corp And SGX
By The Smart Investor  •  July 28, 2020
Singapore’s earnings season drops down a gear following the previous week’s frenzy of real estate investment trust announcements. The highlight could be the stable of Jardine companies that are pencilled in for results towards the end of the week. It could provide some useful insights into the situations in Hong Kong, mainland China and southeast Asia. The market is not expecting anything spectacular from the Jardine group of companies. It will be an achievement if they can manage to just hold their heads above water. The Jardine conglomerate includes Jardine Strategic (SGX: J37), Jardine Matheson (SGX: J37), Dairy Farm International (SGX: D01), Jardine Cycle & Carriage (SGX: C07) and Hongkong Land (SGX: H78). In April, Jardine warned that profits for the first half profits will be significantly reduced compared with the prior year. It added that across the group, several actions have been taken to manage costs and preserve cash. These include the reduction...
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By The Smart Investor
The Smart Investor is co-founded by David Kuo, Joanna Sng, and Chin Hui Leong. The company was formed in late 2019 from the ashes of the Motley Fool Singapore. The Smart Investor believes that everybody can learn how to invest, smartly. We aim to educate people on how to invest smartly by providing investing education, stock commentary and market coverage for Singapore and around the world.
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