The Covid-19 outbreak has thrown businesses and investors into a frenzy thinking about the long term viability of their business models. Inherent in all the crystal-ball-ing that everyone is trying to do is to address the question of what life post-Covid will be like. Without knowing that answer, businesses have to make reasonable guesses and try to balance the interests of multiple stakeholders. ...
What happened? MSCI announced the outcome of their semi-annual review for the MSCI Singapore Index. This will result in Mapletree Logistics Trust (MLT) being added to the index on May 29 while the following 4 stocks will be removed ComfortDelgro (CDG) SATS SPH Sembcorp Industries (SCI) There was also a change in the MSCI Singapore small caps index as the following stocks were...
Definition The idea of kitchen sinking is to release bad news at the same time rather than 'spreading' out such announcements over an extended period of time. With all the bad news coming at the same time, companies may also take the chance to take a 'big bath', which is an earnings management technique where earnings are made to look worse than they...
