|
Post by zuolun on Apr 16, 2014 23:29:28 GMT 7
New Issue-Gallant Venture prices S$175 mln 2016 bond — 10 Apr 2014 Gallant Venture, Garuda Indonesia to develop Bintan Island into aviation hub — 11 Feb 2014 SGX-listed Gallant Venture is the developer of the 1300‐ha Lagoi Bay Development in Bintan — 15 Nov 2012 Gallant Venture: Bintan land developer to benefit from Singapore’s boom, says Kim Eng — 29 Nov 2010 MARCH 3, 2014Gallant released its 4Q13/FY13 results; 4Q13 earnings grew 135% y/y to $40.4m, while revenue spiked 789% to $576.8m, mainly due to consolidation of its 71.5%-owned PT Indomobil Sukses Internasional Tbk (IMAS), while other business segments registered weaker sales. The group's industrial park rental revenue came marginally lower (-1%) at $9.5m from a drop in rental rates and occupancy; Utilities revenue maintained at $27.1m, although power consumption was lower in the Bintan Resorts; and Resorts revenue came in lower (-5%) at $5.3m on lower tourist arrivals into Bintan and increased competition in ferry services from the Singapore-Bintan Resorts route. Going forward, mgmt guided that the industrial park and utilities business have yet to fully recover and remains challenging, while electricity consumption remains depressed. Margins will be impacted with increasing labour cost, high fuel cost and potential surcharge on gas purchases. Meanwhile, the group remains cautious of weakening Indonesian Rupiah, potentially higher interest rate and generally slowing down in manufacturing activities. Gallant Venture — Trading in a rectangleGallant Venture closed with a spinning top @ S$0.31 (+0.01, +3.3%) on 16 Apr 2014 Immediate support @ S$0.30, strong resistance @ S$0.32.
|
|
|
Post by zuolun on Sept 22, 2014 10:34:49 GMT 7
|
|
|
Post by zuolun on Nov 4, 2014 11:49:38 GMT 7
Gallant Venture — A "Waterfall Decline" chart pattern with 5-Wave down, TP S$0.179Gallant Venture had a doji @ S$0.245 (-0.005, -2%) with 1.18m shares done on 4 Nov 2014 at 12.40pm. Immediate support @ S$0.235, immediate resistance @ S$0.255. Gallant Venture (weekly) — Longterm downtrend, biased to the downsideGallant Venture — Bear Flag Formation, Interim TP S$0.23, next TP S$0.179Gallant Venture closed with a long black marubozu @ S$0.26 on 19 Sep 2014. Immediate support @ S$0.255, immediate resistance @ S$0.28.
|
|