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$ProShares Ultra Bloomberg Natural Gas(BOIL.US$ March 4,USANatural gasPrices have risen due toUSAutmostNatural gasProducer EQT Group (EQT) said it would cut production due to a general drop in prices due to oversupply.USABenchmark Henley HubNatural gasfuturesrose 6.7% to 1.96USD/million British thermal heat. Since the beginning of this year, one-month forward contracts have declined by more than 20%, and are still far below the seasonal average. EQT said that in response to low prices, the company will cut net production by about 30 billion to 40 billion cubic feet by March. According to agency estimates, cutting production by 40 billion cubic feet will account for about 7% of the company's quarterly production. In recent months,USANatural gasfuturesPrices have dropped drastically, and companies have had to make adjustments. Last month, both Chesapeake Energy and Comstock Resources announced production cuts based on market conditions.
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$CapLand China T(AU8U.SG$
China’s manufacturing activity contracted for a fifth straight month in February, official figures on Friday showed, which were at odds with a private survey that signaled factory activity expanded.
Data from China’s National Bureau of Statistics showed manufacturing PMI fell to 49.1 in February from 49.2 in January. The reading was in line with a Reuters poll estimate.
The Caixin/S&P Global manufacturing PMI, however, edged up to 50.9 in February from 50.8 in the p...
China’s manufacturing activity contracted for a fifth straight month in February, official figures on Friday showed, which were at odds with a private survey that signaled factory activity expanded.
Data from China’s National Bureau of Statistics showed manufacturing PMI fell to 49.1 in February from 49.2 in January. The reading was in line with a Reuters poll estimate.
The Caixin/S&P Global manufacturing PMI, however, edged up to 50.9 in February from 50.8 in the p...
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$Prime US ReitUSD(OXMU.SG$
@PhillipCapital
PRIME US REIT - No breach, but refinancing risks persist
Recommendation: BUY (Maintained), Last Done: US$0.132
Target price: S$0.30, Analyst: Darren Chan
-FY23 DPU of 2.71 US cts (-58.6% YoY) was below our estimates due to Prime paying only 0.25 US cts in 2H23 (c.10% of 2H23 distribution) to preserve capital for capex needs. Assuming a 100% payout ratio, FY23 DPU of 4.86 US cts would have aligned with our FY23e forecast at 99%. Prime also announced ...
@PhillipCapital
PRIME US REIT - No breach, but refinancing risks persist
Recommendation: BUY (Maintained), Last Done: US$0.132
Target price: S$0.30, Analyst: Darren Chan
-FY23 DPU of 2.71 US cts (-58.6% YoY) was below our estimates due to Prime paying only 0.25 US cts in 2H23 (c.10% of 2H23 distribution) to preserve capital for capex needs. Assuming a 100% payout ratio, FY23 DPU of 4.86 US cts would have aligned with our FY23e forecast at 99%. Prime also announced ...
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$Seatrium(S51.SG$ 68.2billions share is huge. You need bulldozer to move it.
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$Seatrium(S51.SG$ all cpf money gone
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$Japfa(UD2.SG$
This stock will gap up if the 4th quarter net profit for FY2023 continues to be profitable. The share price may revisit 0.25 if the fundamentals continue to improve. Let’s wait for the earnings release end Feb or 01 Mar. DYODD.
This stock will gap up if the 4th quarter net profit for FY2023 continues to be profitable. The share price may revisit 0.25 if the fundamentals continue to improve. Let’s wait for the earnings release end Feb or 01 Mar. DYODD.
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$WUXI APPTEC(02359.HK$ 's related shares widened their losses in the afternoon Friday. Nomura attributes the crash to the US Biosecure Act.
$WUXI BIO(02269.HK$ fell 20% in HK.
$WUXI BIO(02269.HK$ fell 20% in HK.
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