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Yahoo
3 days ago
- Business
- Yahoo
Share Prices of These 5 Singapore Stocks Have Broken Through Their 52-Week Highs: Are They Worth a Second Look?
Markets are dealing with lingering pessimism over the announcement of a raft of reciprocal tariffs from US President Donald Trump. Despite the dour mood, some businesses have still done well and managed to grow their revenue and profits. Investors can look at the list of stocks hitting their 52-week highs to filter out possible gems that they can add to their portfolios. We shine the spotlight on five such stocks that you may wish to add to your buy watchlist. Centurion is a provider of purpose-built worker accommodation (PBWA) and purpose-built student accommodation (PBSA) assets in countries such as Singapore, Malaysia, and China. As of 31 March 2025, the group owns and manages a portfolio of 37 accommodation assets totalling 69,929 beds. Centurion's share price has soared 55% year-to-date (YTD) and hit its 52-week high of S$1.50. The group released an encouraging business update for the first quarter of 2025 (1Q 2025). Revenue rose 13% year on year to S$69 million, led by a 15% year-on-year revenue jump in the PBWA segment. The average occupancy stayed high at 99% for Singapore's PBWA for 1Q 2025, and management has commenced the redevelopment of Westlite Toh Guan and Westlite Mandai to add 1,764 and 3,696 new beds by 4Q 2025 and 2026, respectively. Over in Malaysia, average occupancy dipped to 82% because of short-term headwinds from the foreign worker cap. Management is, however, exploring a potential development of 7,000 beds in Nusajaya in Johor. Meanwhile, Centurion is developing a new 732-bed PBSA in Macquarie Park (Sydney), with expected completion in 4Q 2025. Azeus is a provider of software products and services and delivers innovative IT solutions to organisations and government agencies in more than 100 countries. Azeus' share price has shot up 46% YTD to close at its 52-week and all-time high of S$16.50. The group announced a strong set of results for fiscal 2025 (FY2025) ending 31 March 2025. Revenue jumped 44% year on year to HK$474.8 million. Gross margin increased by six percentage points from 71% to 77%, with gross profit climbing 56% year on year to HK$363.8 million. Net profit leapt 96% year on year to HK$166.9 million. This growth is the result of the continued growth in the Azeus Products business line and its Central Electronic Record Keeping System contract. The group also doubled its free cash flow generation to HK$194.4 million for FY2025. A final dividend of HK$3.90 was declared, taking the FY2025 dividend to HK$5.50. Food Empire manufactures instant beverages, snack foods, and food ingredients and distributes them to more than 60 countries. The group has a portfolio of proprietary brands such as MacCoffee, CafePHO, and Klassno. The food and beverage manufacturer saw its share price soar 90% YTD to its 52-week high of S$1.86. For 1Q 2025, total revenue climbed 16.3% year on year to US$136.6 million, representing a strong start to the year. The strong performance was contributed to by a 33.8% year-on-year revenue increase in Southeast Asia and a 31.7% year-on-year revenue rise for South Asia. Food Empire adopted a dynamic pricing approach to cushion its performance from inflation and rising coffee bean costs. Looking ahead, the group plans to establish a freeze-dried soluble coffee manufacturing facility in Binh Dinh province, with completion expected to be by 2028. By the first half of 2025, the group will complete the expansion of its snack manufacturing facility in Malaysia. Over in Kazakhstan, construction of its first coffee-mix manufacturing facility should be completed by the end of this year. China Sunsine is a specialty chemical producer selling rubber accelerators, insoluble sulphur, and anti-oxidants. The group is the largest rubber accelerator in the world and serves more than 75% of global tyre makers, including Bridgestone, Michelin, and Goodyear. China Sunsine's share price climbed 23.3% YTD to hit its 52-week high of S$0.57. For 2024, the group saw revenue inch up 1% year on year to RMB 3.5 billion. Gross margin improved slightly from 22.9% to 24.2%, leading to a 6% year-on-year growth in gross profit to RMB 850 million. Net profit increased by 14% year on year to RMB 423.9 million for 2024. The business also churned out a positive free cash flow of RMB 459.5 million, up 9.6% year on year. In line with the good results, China Sunsine declared a final dividend of S$0.03, comprising an ordinary dividend of S$0.02 and a special dividend of S$0.01. This was higher than the previous year's total final dividend of S$0.025. SIA Engineering, or SIAEC, is a maintenance, repair, and overhaul (MRO) specialist for aircraft and also provides line and base maintenance services. SIAEC's share price rose 20.6% YTD to hit its 52-week high of S$2.87. For FY2025, the group reported revenue of S$1.24 billion, up 13.8% year on year. Operating profit stood at S$14.6 million while net profit came in at S$139.6 million, up 43.8% year on year. Net profit was boosted by a 17.4% year-on-year increase in the share of profits from SIAEC's associates and joint ventures. Free cash flow nearly doubled year on year from S$51.7 million to S$102.6 million for FY2025. A final dividend of S$0.07 was declared, slightly higher than the S$0.06 paid out a year ago. SIAEC declared a total FY2025 dividend of S$0.09. The group's strategy is to expand its geographical presence and also grow its capacity and MRO capabilities to handle new-generation aircraft. How do rich Singaporeans invest when volatility hits? They turn to companies with cash, history, and discipline. This free report highlights 5 blue chips that deserve your attention. Get your copy here and see who made the list. Follow us on Facebook, Instagram and Telegram for the latest investing news and analyses! Disclosure: Royston Yang does not own shares in any of the companies mentioned. The post Share Prices of These 5 Singapore Stocks Have Broken Through Their 52-Week Highs: Are They Worth a Second Look? appeared first on The Smart Investor.
Yahoo
22-05-2025
- Sport
- Yahoo
Suns' Kevin Durant wins Magic Johnson Award for on-court excellence, media availability
Phoenix Suns superstar Kevin Durant won the Professional Basketball Writers Association's Magic Johnson Award for the 2024-25 season. The award honors the NBA player who best displays on-court excellence as well as embraces media interviews and engages with fans. Advertisement Cleveland Cavaliers guard Donovan Mitchell finished second in this year's balloting. Miami Heat big Bam Adebayo, Indiana Pacers point guard Tyrese Haliburton and Golden State Warriors forward Draymond Green were finalists based on nominations from PBWA members. A vote of the full PBWA membership determined the winner. Warriors guard Stephen Curry won the award last season. Durant also received the honor for the 2010-11 season while playing for the Oklahoma City Thunder. Durant is the second Suns player to receive the award. Steve Nash won it in 2011-12. Created in 2001, the award is named in honor of Earvin 'Magic' Johnson, a five-time NBA champion, all with the Los Angeles Lakers. The Hall of Famer was consistently engaging, thoughtful and gracious with the media throughout his career. Advertisement Durant led Phoenix in scoring this season at 26.6 points a game, shooting 52.7% from the field overall, 43% from 3. Curry and Durant also made the 2024-25 PBWA's All-Interview first team. Have opinions about the current state of the Suns? Reach Suns Insider Duane Rankin at dmrankin@ or contact him at 480-810-5518. Follow him on X, formerly Twitter, at @DuaneRankin. Support local journalism. Start your online subscription. This article originally appeared on Arizona Republic: Kevin Durant wins PBWA's Magic Johnson Award for second time
The Star
12-05-2025
- Sport
- The Star
Paris Olympics medal winners Aaron-Wooi Yik, Lee are frontrunners for national award
Olympic bronze medal winners Lee Zii Jia, Aaron Chia and Soh Wooi Yik. —AZHAR MAHFOF/The Star PETALING JAYA: The National Sportsman of the Year award is set to be a close contest between the country's top shuttlers Lee Zii Jia and Aaron Chia-Soh Wooi Yik for their success at last year's Olympic Games. They are seen as the favourites as they have been nominated for the award together with wushu exponent Wong Weng Soon, weightlifter Mohd Aniq Kasdan, and pencak silat exponent Abdul Latif Maxzakir. World No. 10 singles player Zii Jia's 2024 highlight saw him clinch the bronze medal at the Paris Olympics, while Aaron-Wooi Yik defended their men's doubles bronze medal in Paris, as well as winning silver at the Asian Team Championships and bronze at the Asian Championships. Aniq showed a stellar performance at the Paris Olympics by coming in fourth at his debut appearance, as well as winning two silver medals at the World Championships in Bahrain. Weng Soon had won a gold and bronze medal at the World Cup in China last year, while Abdul Latif took gold at the World Championships in Dubai. As for the best woman athlete, lawn bowler Nor Farah Ain Abdullah, who won gold at the World Indoor Bowls Championships in the Channel Islands, as well as bagging gold at the Asian Championships in Thailand, is the frontrunner along with bowler Sin Li Jane. Li Jane was named the Professional Women Bowling Association (PBWA) Tour Player of the Year for her superb run last year. Silat exponent Nor Farah Mazlan is also in contention after defending her title at the Dubai World Championships last year, as well as wushu exponent Tan Cheong Min, who won gold and silver at the Asian Championships in Macau. Cyclist Nurul Izzah Izzati Mohd Asri's two gold, one silver, and one bronze at the Asian Championships in Delhi puts her name in the running for the award. She also did well to set a new 200m individual sprint national record at the Paris Olympics. For the National Paralympic Sportsman award, the title will be contested between powerlifter Bonnie Bunyau Gustin and para shuttler Cheah Liek Hou, who both defended their gold medals at the Paris Paralympics last year while Bonnie also broke the world record. They are joined by Paris Paralympics silver medallists Ziyad Zolkefli (shot putt) and Abdul Latif Romly (long jump), as well as bronze medallist Eddy Bernard. The National Paralympic Sportswoman sees the nomination of cyclists Nur Azlia Syafinaz Mohd Zais and Nur Suraiya Mohd Zamri, lawn bowler Hasmunirah Malik, boccia player Noor Askuzaimey Mat Salim, and shot putt athlete Noor Imanina Idris. The winners of each category are set to take home RM20,000 at the ceremony in Subang Jaya on Tuesday (May 13). The National Sports Awards will also see awards offered for Team of the Year (men's and women's), Coach of the Year (men's and women's), Sports Leadership Awards, Sports Figure Award, and Special Award.
Yahoo
24-02-2025
- Business
- Yahoo
4 Singapore Stocks Breaking New All-Time Share Price Highs: Should You Buy Them?
Warren Buffett, arguably one of the world's best investors, remarked that 'when the business does well, the share price will follow'. Hence, investors should follow the business closely to see if it manages to increase its revenue and profits. By doing so, its share price should then follow to hit new highs. We highlight four Singapore stocks whose share prices recently touched their all-time highs to determine if you should include them in your buy watchlist. United Overseas Bank, or UOB, is Singapore's third-largest bank by market capitalisation. Shares of UOB recently hit their all-time high of S$39.20 and are up 31.6% in the past year. The lender reported a robust set of earnings for 2024 with total income rising 3% year on year to S$14.3 billion. Operating profit inched up 1% year on year to S$8.2 billion while net profit stood at S$6 billion, up 6% year on year and at a record high. In line with the good results, UOB announced an increase in its final dividend from S$0.85 to S$0.92, taking its 2024 full-year dividend to S$1.80 per share. Meanwhile, the bank also announced a S$3 billion package to return surplus capital and reward its shareholders. This package comprises a special dividend of S$0.50 (to be paid in two tranches) to mark the lender's 90th anniversary. A new S$2 billion share buyback programme was also launched to acquire shares from the open market and then cancel them. CEO Wee Ee Cheong is optimistic about 2025 and projects high single-digit loan growth along with double-digit fee income growth. Centurion owns, develops, and manages a portfolio of 34 operational accommodation assets totalling around 66,660 beds as of 30 September 2024. These comprise purpose-built workers accommodation (PBWA) and purpose-built student accommodation (PBSA) assets across Singapore, Malaysia, the UK, the US, Australia, and China. Centurion's share price has been on a tear, shooting up 137% in the past year to hit its all-time high of S$1.06 recently. The group reported a commendable business update for the first nine months of 2024 (9M 2024). Revenue jumped 25% year on year to S$186.5 million, led by a 27% year-on-year revenue increase for its PBWA assets and a 20% year-on-year improvement in revenue for its PBSA assets. Both high occupancy and positive rental reversions helped to boost its 9M 2024 financial performance. Centurion has several asset enhancement initiatives (AEIs) underway in Malaysia and is exploring opportunities for the potential development of approximately 7,000 beds in Nusajaya in Iskandar, Johor. Last month, Centurion announced that it was exploring a REIT listing for its PBWA and PBSA assets but noted that this idea was still at the exploratory stage. The group also released a positive profit guidance for its 2024 full-year results which will be released on 26 February. Oiltek provides a comprehensive range of refinery processes and engineering solutions for the vegetable oils industry value chain. The group has 44 years of track record and has successfully designed, built, and commercialised plants in more than 35 countries across five continents. Oiltek's share price soared 416% in the past year and hit its all-time high of S$1.35. For 2024, revenue climbed 14.5% year on year to RM 230.3 million while gross profit surged 40.4% year on year to RM 55.1 million. Net profit leapt 55% year on year to RM 29.6 million. The group declared a final dividend of S$0.018, higher than the previous year's S$0.016. Coupled with the interim dividend of S$0.009, the total dividend for 2024 amounted to S$0.027. Oiltek is confident of its prospects and is optimistic about the long-term outlook of the edible & non-edible oil refinery sector. The global fats and oil market is projected to surpass US$402.9 billion by 2033 and will register a compound annual growth rate of 4.6% from 2024 to 2033. The group's order book was approximately RM 354.9 million with total orders of RM 207 million snagged in 2024. Singapore Technologies Engineering, or STE, is an engineering and technology group serving customers in the aerospace, smart city, and defence sectors. Shares of STE have rallied nearly 30% in the past year and hit their all-time high of S$5.13 recently. The group reported encouraging numbers for its third quarter of 2024 (3Q 2024) business update. For 9M 2024, revenue rose 14% year on year to S$8.3 billion, driven by year-on-year revenue increases across all three of its divisions. A total of S$8.3 billion of contracts were secured in 9M 2024, with S$2.2 billion snagged in 3Q 2024 alone. STE's order book stood at S$26.9 billion as of 30 September 2024. Earlier this month, the group announced that it had secured S$4.3 billion of contracts for 4Q 2024. Investors should be eagerly awaiting STE's full-year results which will be released on 27 February before the market opens. Global trade tensions and rising tariffs are causing market volatility, but smart investors know how to stay ahead. Join our free webinar, 'Your Secret Weapon To Fight The Tariff War,' to learn how you can protect your portfolio and generate steady income, even in uncertain times. Click here to sign up for free now! Ready to discover the next $100 billion stock? Our newest FREE report dives deep into five popular SGX companies that many say are the next big thing. Read our team's findings to guide your investment strategy. Click the link here to download now. Follow us on Facebook and Telegram for the latest investing news and analyses! Disclosure: Royston Yang does not own shares in any of the companies mentioned. The post 4 Singapore Stocks Breaking New All-Time Share Price Highs: Should You Buy Them? appeared first on The Smart Investor.
