MENU

4 Companies That Might Interest You This Christmas

Christmas is just around the corner and the end of the year is fast approaching. Here are 4 companies with interesting developments that deserve a closer look this holiday season.

Diamond Diamond Diamond

Diamond is a girl’s best friend. Turns out, a diamond can be an investor’s best friend too. Sarine Technologies Ltd (SGX: U77), a major supplier and service provider for the diamond manufacturing industry has been one of the best performing companies in the Singapore exchange for the past 5 years. It’s share price has risen more than 27 times since the global financial crisis and yet it seems that Sarine is still only at the beginning of potential. Pioneering the software behind diamond grading and diamond viewing, Sarine Technologies is fighting hard to become the industry standard for providing such services. Up till now, it seems that the company is doing everything right. Read more about Sarine Technologies here and here.

Gambling Doesn’t Pay?

Genting Singapore PLC (SGX: G13) is one of the worst performing companies in the Straits Times Index (SGX: ^STI) this year. Falling more than 27% since the beginning of the year, Genting Singapore is being pressured by its lack of growth in its revenue during a time when Singapore is experiencing a lower tourist flow from China. Furthermore, together with the crackdown in corruption in China, investors fear that these factors might have a negative impact on the company’s operation. More importantly, with more than S$1.1 billion worth of trade receivables outstanding from its VIP clients, the market is speculating on the possibility of Genting Singapore increasing its impairment on its trade receivables in the future. All these still remains as speculation, and the developments in Genting Singapore is definitely worth following. Read more about Genting Singapore here, here, and here.

Oil and Gas

The oil and gas sector has really taken a beating this few months. Oil price completely tanked and Singapore Exchange is home to many of the region largest oil and gas service providers. We have seen Ezion Limited (SGX: 5ME) and Ezra Holdings Limited (SGX: 5DN) fell more than 50% since their peak earlier this year. How the oil price will really affect the future of these two companies? Only time will tell. Following them will allow investors to learn valuable insights into this sector. Read more about Ezion here and here, and about Ezra here and here.

For more free investing analyses and important updates about the share market, check out the Motley Fool's weekly investing newsletter Take Stock Singapore. This free newsletter can teach you how to grow your wealth in the years ahead, so do check it out here.

Also, like us on Facebook to follow our latest news and articles. The Motley Fool's purpose is to help the world invest, better.

The information provided is for general information purposes only and is not intended to be personalised investment or financial advice. Motley Fool Singapore contributor Stanley Lim owns Genting Singapore