On Fri 1st July 2011, the air safety watchdog Civil Aviation Safety Authority grounded all Australian domestic flights of a Tiger Airways subsidiary for the next week, saying the budget airline twice flew under the minimum allowed altitude. Tiger Airways, the fourth-largest domestic airline in Australia, operated between all state capitals and several regional cities. Tiger is 49 percent owned…
Tag: Fundamental Analysis
Strong Singapore GDP growth clouded by Greece bailout risks | Fundamental Analysis | Singapore Stock Market and STI
On Wednesday 22nd June 2011, Greek Prime Minister George Papandreou’s government survived a confidence vote in parliament. This piece of news has injected the needed confidence among the investors who underwent financial market turmoils for the past few weeks. European leaders breathed a sigh of relief but kept up the pressure on Greek Prime Minister George Papandreou, who faces a vote…
Google’s foray into the online to derive better revenues and share capital returns | GOOG.NYSE Technical Analysis | US Stock Market
On 14th April 2011, the company has just reported $8.58 billion in gross revenue for the first quarter of 2011, which represents a 27% increase over the first quarter of last year, but lower than analysts’ expectations. The key product – Google Search is still strong with good retained user base while the new innovations – Google Android & Chrome…
Good forward valuation for Apple Inc. AAPL – Accumulate on weakness in stock prices | Technical Analysis | US Stock Market
On the previous 20th April 2011, Apple released their Q2 2011 financial results. They report that Q2 revenue was $24.67 billion with a net profit of $5.99 billion. In addition, Apple sold 3.67 million Macs (28% increase from last year Q2), 18.65 million iPhones, (113 increase), 9.02 million iPods (17% decline) and 4.69 iPads. Financial Analysis of Apple Stock…
Marine / Rig / Shipping stocks underperform against STI? | Stock Prices Technical Analysis | Singapore Stock Market
It is the last day of a dreaded month of May for 2011. Historically, this month is avoided by retail investors as it is a month of volatility and consolidation. Not aided by the undesirable impact of series of downgrades in various faltering European countries e.g. Spain and a slowdown in greater China market and Singapore latest GDP results do…
LinkedIn IPO – Good Valuation for Its Stock Price and company earnings? | Fundamental Analysis | US Stock Market
On last Thursday (19th May 2011), LinkedIn’s shares more than doubled in their first day of trading, setting the stage for debuts from other Internet companies such as Facebook Inc. and Groupon Inc.The outsize demand for the stock of an Internet company that is growing rapidly but had a profit of $15.4 million last year is the latest sign of…