2020
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Monthly Archives: July 2016
Swiber
A day after the liquidation plans, Swiber decided now to put itself under judicial management. This means that company is allowed to operate under a new assigned management team instead of putting an end to its operations by liquidating al … Continue reading
Swiber
Swiber, a once upon a time a stock darling in the Oil and Gas (O&G) industry filed for liquidation on early Thursday morning, inflicting shocks to the industry and the stock market as a whole. For some time, it has … Continue reading
LTA to buy SMRT assets. How about Comfort-Delgro?
So finally, the news is out. LTA will be buying the assets of SMRT for a total sum of about $1b. With a debt position of more than $821m, I would believe that most of this money will go to … Continue reading
Posted in Comfort Delgro, SBS Transit, SMRT, YZ-LAND TRANSPORT
Tagged Comfort Delgro, Land Transport, LTA. SBS Transit, SMRT
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Comfort-Delgro – The impact of BREXIT
UK/Ireland is the second largest revenue generating market after Singapore for Comfort Delgro (CD). As of Q1 2016, CD derived about 23% and 11.4% of its total revenue and operating profit respectively from this market. This translates to an amount … Continue reading
Posted in Comfort Delgro, Z-FINANCIAL EDUCATION, Z-INVESTMENTS, Z-Personal Finance
Tagged Brexit, Exchange Rate, Sterling pound
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