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Singapore Exchange (SGX)
27-07-2018, 06:59 PM.
Post: #791
RE: Singapore Exchange (SGX)
Financial results for the financial year ended 30 June 2018 ("FY2018")

Highlights :
1. Revenue: S$845 million, up 5% from a year earlier
2. Operating profit: S$425 million, up 6%
3. Net profit: S$363 million, up 7%
4. Earnings per share: 33.9 cents, up 7%
5. Return on shareholders' equity was 34%
6. Net profit margin was 42%
7. Proposed final dividend: 15 cents per share, and total dividend of 30 cents per share for the year, up by 2 cents
8. From FY2019, SGX will pay a higher dividend of 7.5 cents per share, starting from the first quarter of FY2019.

More details in :
1. http://infopub.sgx.com/FileOpen/SGXNet_4...eID=517968
2. http://infopub.sgx.com/FileOpen/20180727...eID=517969
Specuvestor: Asset - Business - Structure.

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07-09-2018, 04:19 PM.
Post: #792
RE: Singapore Exchange (SGX)
Straits Times Index (STI) Quarterly Review September 2018

FTSE Russell announces that there will be one change to the constituents of the Straits Times Index (STI), following the September quarterly review. Dairy Farm International Holdings will be added to the index and, as a result, StarHub will be excluded.

The STI reserve list, comprising the five highest ranking non-constituents of the STI by market capitalisation, will be (in order of size) Suntec REIT, Mapletree Commercial Trust, Keppel REIT and Mapletree Logistics Trust and Mapletree Industrial Trust. Stocks on the reserve list will replace any constituents that become ineligible as a result of corporate actions, before the next review. A full list of STI constituents can be found on the website.

The next review will take place in December 2018.
Specuvestor: Asset - Business - Structure.

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13-10-2018, 05:50 PM. (This post was last modified: 13-10-2018, 05:51 PM by weijian.)
Post: #793
RE: Singapore Exchange (SGX)
I too, was surprised to see a ~42.8% vote against the RSP resolution. The "absolute power" of the Remuneration Committee to award the RSP and also some of the issues bought up by Prof Mak in the later part of the article about lowering the benchmark comparisons (not the first time they did it) probably contributed to it.

SGX makes good disclosures, but needs more transparency on share plans

On Sept 20, the Singapore Exchange (SGX) held its annual general meeting (AGM), which, according to news reports, was dominated by questions about listed companies suing their own shareholders for defamation.

What appears to have escaped attention is that at the AGM, 42.76 per cent of the shares that voted rejected the proposed restricted share plan (RSP). This is a very high percentage of shares voting against any resolution.

http://governanceforstakeholders.com/201...are-plans/

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25-10-2018, 10:34 AM. (This post was last modified: 25-10-2018, 10:34 AM by weijian.)
Post: #794
RE: Singapore Exchange (SGX)
SGX is clearly more than just a securities market

It is growing its overseas footprint, setting up new offices in major cities and inking numerous MOUs

https://www.businesstimes.com.sg/compani...ies-market

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11-02-2019, 10:35 PM. (This post was last modified: 11-02-2019, 10:35 PM by weijian.)
Post: #795
RE: Singapore Exchange (SGX)
The derivative business is definitely a great way to punch above your weight. But regulatory risks like what happened to the Indian Niffy contracts situation cannot be ruled out.

Betting on SGX? Better metrics than many listed gaming peers

SIR, would you like to make a wager - or hedge, as professional investors like to call it - on Singapore?

That may be quite a bet to make. Singapore's equity market and economy are a tad too small, with growth maturing.

Not to worry, sir! We can offer you China, India, Japan, Indonesia, Taiwan, the US dollar, Chinese yuan, Indian rupee and much more. If that still does not cater to your tastes, we can extend to you more exotic offerings: iron ore, coal, shipping freight, petrochemicals and rubber. You need not be bullish, you can even be bearish. You can participate in this suite of products at the convenience of a single deposit - or margin. So, come on in and place your... hedge.

https://www.businesstimes.com.sg/compani...ming-peers

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06-03-2019, 11:29 AM.
Post: #796
RE: Singapore Exchange (SGX)
Any reason for the recent rise in stock price for sgx?

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09-03-2019, 07:53 AM.
Post: #797
RE: Singapore Exchange (SGX)
The derivatives market for SGX is growing with a clear path. Any bull market or volatility in the asia markets are going to give its derivative volumes are great boast.

That said, the equity fund raising portion of this business is tepid and getting worst. While RegCo has done some work, but more work needs to be urgently executed. The long arm of the law, needs to get shorter.

No sign of governance: http://governanceforstakeholders.com/201...overnance/

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