CGS-CIMB

Broker's Calls

CGS-CIMB is hungry for more of Delfi as it feeds consumer demands

CGS-CIMB Group Research has kept an “add” rating on Delfi with an unchanged target price of $1.09
CGS-CIMB upgrades Japfa to 'add' in lieu of its application to list China dairy business  - THE EDGE SINGAPORE

Broker's Calls

CGS-CIMB upgrades Japfa to 'add' following listing plans of China dairy business

CGS-CIMB Group Research upgrades Japfa to an “add” rating with an increased target price from 65 cents to 81 cents
Analysts remain positive on ST Engineering given ‘strong order wins’ for 4QFY2021 - THE EDGE SINGAPORE

Broker's Calls

Analysts remain positive on ST Engineering given 'strong order wins' for 4QFY2021

Analysts are remaining positive on ST Engineering where it surprised positively with strong order wins in 4QFY2021 ($3.2 billion)

Broker's Calls

Analysts positive on Sasseur REIT following strong 4Q21 results

CGS-CIMB, Maybank Securities and DBS Group Research analysts have kept their “add” and “buy” calls.

Budget 2022

Higher property taxes to have negative impact on developers and property agencies: CGS-CIMB

However, rental rates may go higher to make up for the higher taxes
CGS-CIMB pledges at least $1 mil to Community Chest, joins Change for Charity initiative - THE EDGE SINGAPORE

Charity

CGS-CIMB pledges at least $1 mil to Community Chest, joins Change for Charity initiative

CGS-CIMB is committing at least $1 million over three years towards various social service agencies supported by ComChest.

Broker's Calls

Analysts stay positive on Frasers Centrepoint Trust in light of ‘improving outlook’

Analysts are optimistic about FCT as the REIT’s portfolio saw resilient operating metrics for the 1QFY2022 ended December

Broker's Calls

Credit Suisse, CGS-CIMB initiate coverage on NYSE-listed TDCX with bullish calls

TDCX was wrongly clubbed with other high growth stocks with negative profitability in the recent correction.
CGS-CIMB optimistic on Nanofilm, but lowers revenue expectations as customers face supply chain woes  - THE EDGE SINGAPORE

Broker's Calls

CGS-CIMB optimistic on Nanofilm, but lowers revenue expectations as customers face supply chain woes

CGS-CIMB has revised its target price for Nanofilm downward, citing supply chain woes for its customers and higher R&D costs.

Singapore economy

Pining for a better 2022

Singapore may have seen multiple months of lockdowns and fewer IPOs in 2021, but market optimism is in no short supply.
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