$海峡贸易 .(S20.SG)$
Straits Trading launches private placement to raise S$80.9m, priced at S$3.11 per share
1. The conglomerate-investment company will be issuing 26 million shares, priced at S$3.11 each, "to encourage both institutional and individual share ownership", it said.
2. Net proceeds from the share placement will be used to fund acquisitions and future anticipated growth for the group's businesses in real estate, resources and hospitality, as well as for general working capita...

$凯诗物流信托(K2LU.SG)$
ESR-REIT 和 ARA Logos 提议合并 14 亿新元
1。ESR-REIT ESR-REIT：J91U 0％和ARA Logos物流信托（ARA Logos）的经理人ARA LOGOS Log Tr：K2LU 0％已提议进行14亿新元的合并，ESR-REIT将收购ARA Logos的所有单位，以换取现金和新单位的组合。
2。拟议的合并将导致合并后的实体被命名为ESR-Logos Reit，将通过信托安排计划来实施。ARA Logos的单位持有人将获得每个ARA Logos单位0.95新元的计划对价，其中包括0.095新元的现金和1.6765个新的ESR-REIT单位，将以每股0.51新元的价格发行。
3.出于说明目的，这意味着截至账面截止日期（待公布），ARA Logos单位持有人每持有1,000个ARA Logos单位将获得95新元的现金和1,676个单位。这意味着总汇率为1.863倍。

$莱佛士教育(NR7.SG)$
Raffles Education shares sink as tycoon Oei Hong Leong's letter to the board circulates
1. The stock of mainboard-listed Raffles Education (REC) was hammered to new lows on Monday (Oct 18) as the market got hold of a letter by tycoon Oei Hong Leong to the company's board.
2. The stock dived 26 per cent, or 2.1 cents, to close at 6.1 cents in the wake of a letter from Mr Oei asking why REC's chief executive and founder Chew Hua Seng had caused the company to hire all "adult members of his family at high salaries".
3. In fact, the stock has been under pressure for several months following the company's disclosure that it was issued a writ by Affin Bank amounting to some RM$410 million (S$132.9 million) on an unpaid loan.

$CIVMEC公司(P9D.SG)$
📢 Company Update: Civmec Limited (CVL SP), 8 September 2021
Strong fundamentals spearheading growth
🔷 Earnings beat. Civmec’s FY2021 net profit (YE 30 June 2021) surged 97% YoY to A$34.6mn, beating our estimates of A$33.5mn.
🔷 China’s iron ore appetite. Even though iron ore prices have been on a downtrend recently as Chinese policymakers attempt to cut steel production, China’s iron ore imports hit new highs in August, suggesting the country’s continued reliance on the commodity.
🔷 Mid and long-term drivers. Likelihood of increased contract wins as the Australian government ramps up on defence and infrastructure spending. Overall revenue supported by approximately 20% recurring income from maintenance and upgrading works. Buoyant commodity market to drive capex spending for miners.
We maintain an OUTPERFORM recommendation and revise our TP to S$0.90, based on an unchanged 12.0x FY2022F P/E.
➡️ Read More:
https://www.kgieworld.sg/research/civmec-limited/

$CIVMEC公司(P9D.SG)$
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$新电信(Z74.SG)$
由星展银行研究
新加坡电信的 1QF22F 基础净利润为4.51亿新元（同比增长31％），接近我们估计的4.3亿至4.5亿新元的上限
澳大利亚的急剧复苏、Bharti的利润扭转和新加坡的稳定是关键驱动力。
维持买入水平，目标价为3.01新元不变，上涨潜力超过28％，收益率为3.6％
新加坡电信的 1QF22F 基础净利润为4.51亿新元（同比增长31％），接近我们估计的4.3亿至4.5亿新元的上限，占我们全年估计的22％。最引人注目的是澳大利亚消费者营业利润大幅增长至4400万新元（不包括Nat...

$Delfi(P34.SG)$ By DBS research:
Maintain BUY with a higher TP of S$1.06 (previously S$0.96). We are raising our TP as we roll forward our PE peg to a 50-50 blend between FY21F/22F earnings. We maintain our PE peg of 18.0x (-0.6 SD) of its four-year historical mean). Delfi is currently trading at 13.9x forward earnings, which is -1.3 SD of its four-year historical mean.
Where we differ: We believe sustained EPS growth will lead to the resumption of the relationship between its trailing-12- months (TTM) EPS and share price.
...

$FuboTV(FUBO.US)$ squeeze the shorties