"We continue to look favourably upon Boustead’s long-term growth profile as its businesses provide exposure to multiple secular trends," says Lim in her May 29 note, as she raised her fair value on this counter from $1.39 to $1.46.
Ada Lim of OCBC Investment Research has kept her "buy" call on Boustead Singapore (SGX:F9D
) following its FY2025 earnings that was in line with expectations.
While the company flagged wider economic uncertainties in the near term, Lim believes that the company is disciplined in managing costs and improving capital efficiency.
