CGS-CIMB Research Securities

CGS-CIMB analysts Eing Kar Mei and Lock Mun Yee believe hospitality REITs in Singapore are “heading for a good start”.

"We think CSE’s padded order backlog will cushion it in these tough times," says CGS-CIMB analyst Cezzane See

Burn-in testing specialist Avi-Tech is going places as it hitches a ride on rising demands for its services on the back of emerging technologies such as autonomous driving.

Riverstone “continues to be a laggard play in the glove sector, as it is trading at a 49% discount to its Malaysia-listed peers,” says CGS-CIMB analyst Ong Khang Chuen.

Earnings of Malaysia-based glove and face mask manufacturer Riverstone Holdings soared 54.3% to RM46.6 million ($15.2 million) in 1Q20, from RM30.2 million a year ago, reinforcing that protective health gear are now the hottest investment property.

Mainly because of higher provisions, the three Singapore banks have posted double-digit y-o-y lower earnings growth for 1Q2020 ended March.

Despite a weak first quarter, analyst are optimistic about Venture Corporation's future prospects.

AEM Holdings surged 19.4% to close at $3.08 on May 8, after the company raised its revenue guidance and a flurry of analysts’ upgrades followed.

CGS-CIMB has downgraded its call on precision plastic manufacturer Sunningdale Tech from “add” to “hold”, at a revised target price of 91.7 cents.

“Not only is the merger DPU accretive for FLT, the enlarged portfolio would bring some diversification to FLT’s existing portfolio in terms of geography and asset class,” says GS-CIMB analysts.