CGS-CIMB Research

CGS-CIMB upgrades SIA to ‘add’ on expected strong results for 2HFY2024 - THE EDGE SINGAPORE

Broker's Calls

CGS-CIMB upgrades SIA to ‘add’ on expected strong results for 2HFY2024

Analyst Raymond Yap has also upped his target price to $6.91 as he sees re-rating catalysts for the airline.

Broker's Calls

CGS-CIMB initiates coverage on Cromwell European REIT, has 'add' call with TP of EUR2.15

Analysts say that CEREIT has clear divestment and redevelopment strategies in place to unlock deep value.

Broker's Calls

CGS-CIMB ups TDCX’s target price to US$6.60 after privatisation offer

While the proposal is non-binding in nature, analysts Ong Khang Chuen and Kenneth Tan see that a deal is likely.
Manufacturing recovery to help lift Singapore’s 2024 GDP but humps aplenty - THE EDGE SINGAPORE

Singapore economy

Manufacturing recovery to help lift Singapore’s 2024 GDP but humps aplenty

Based on the advanced estimates released by the MTI on Jan 2, Singapore’s 4Q2023 GDP grew by 2.8% y-o-y and 1.7% q-o-q.

Broker's Calls

Analysts keep TPs and estimates despite Seatrium’s project cancellation

The cancellation may negatively impact Seatrium's share price despite the relatively small contract compared to its order book.
Analysts like ThaiBev’s prospects after Thai government approved tax cuts on alcoholic beverages - THE EDGE SINGAPORE

Broker's Calls

Analysts like ThaiBev’s prospects after Thai government approved tax cuts on alcoholic beverages

Analysts have kept their target price estimates, which range from 56 cents to 72 cents.

Asean

'Dark horse' Asean to see key transitions and improved prospects in 2024

Asean is the fifth-largest economy in the world, with a combined GDP of around US$3.7 trillion ($4.97 trillion).

Broker's Calls

Keppel Corporation’s acquisition of Aermont Capital ‘checks all boxes’

Keppel Corporation sees minimal overlap between itself and its planned acquisition, Aermont Capital.
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