25 Jun '15, 9am

Jardine C&C Rights Issue!

Jardine Cycle and Carriage (JCNC) announced a surprised SGD billion dollar rights issue a week ago. Well given how the stock has declined a month before, I guess it wasn’t a surprise to some insiders. Now that the cat is out of the bag, it’s time to do a quick and dirty analysis on this blue blue chip. For the un-initiated, JCNC is probably most well-known in Singapore being associated as the distributor for Mercedes-Benz and making tons of money on that franchise but in reality, the Singapore business contributes at most 10% to profits and the bulk of the business actually comes from Indonesia. JCNC’s subsidiary Astra is the largest automobile and motorcycle distributor in the ASEAN’s largest country and earning very, very good profits. Astra itself is also a conglomerate and owns a bunch of other businesses including plantations and construction machinery (as a distribut...

Full article: http://thefinance.sg/2015/06/25/jardine-cc-rights-issue/

Tweets

Jardine C&C – Possible Oppourtunity for Dividends

thefinance.sg 29 Jun '15, 7pm

Just saw the price of Jardine Cycle and Carriage continuing its fall today, dropping to as low as $33.03, as well as the S...

Here's to sun, sand and Summer:

solestruck.com 26 Jun '15, 6pm

How long can I keep my [email protected] shipment? Once your [email protected] shipment arrives, you have 5 full days to let us know what yo...

New: Singapore Property Weekly Issue 214 now out

propwise.sg 29 Jun '15, 2pm

Singapore Property Blog | Investing in Singapore Real Estate, HDB, Condos, Houses » Singapore Property Weekly » Singapore ...

Two years ago today, @WendyDavisTexas boldly stood for reproductive rights. Tell your own story: #mysoles…

Two years ago today, @WendyDavisTexas boldly st...

medium.com 25 Jun '15, 2pm

If My Pink Sneakers Could Talk “In these shoes, we made history.” Share your six-word story today using #mysolestory. You ...

These white-hot summer styles will have you mel...

solestruck.com 01 Jul '15, 5pm

How long can I keep my [email protected] shipment? Once your [email protected] shipment arrives, you have 5 full days to let us know what yo...

Climate change is a human rights issue, says UN

businessgreen.com 07 Jul '15, 11am

The UN's Human Rights Council (HRC) has unanimously adopted a new resolution that stresses the importance of addressing th...

AIR JORDAN 7 (VII) C&C "CHAMPAGNE Size 10 $305 ...

topshelfnc.com 24 Jun '15, 11pm

Products Customer Testimonials FAQ Contact Cart Air Jordan 7 (VII) C&C "Champagne"

Singapore billionaire acquires Ronaldo image ri...

mbnewsline.com 29 Jun '15, 1pm

Singaporean billionaire Peter Lim, the owner of Spanish club Valencia, has expanded into sports marketing by acquiring the...

IREIT: My strategy in its 45 for 100 rights issue.

thefinance.sg 04 Jul '15, 6pm

IREIT’s 45 for 100 rights issue is priced at $0.468 per rights unit. Links to the full details of the rights issue have be...

Singapore billionaire acquires Ronaldo image ri...

ngrguardiannews.com 29 Jun '15, 10am

Ronaldo Singaporean billionaire Peter Lim, the owner of Spanish club Valencia, has expanded into sports marketing by acqui...

Latest issue of Semiconductor Today now availab...

semiconductor-today.com 30 Jun '15, 3pm

Plus, there's the news from organisations such as: 5N Plus, Advanced Photonix, Aixtron, AKHAN Semiconductor, Anadigics, An...