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CGS-CIMB Research
Broker's Calls
Analysts lower Q&M's TP after its 4QFY2022 results performed below expectations
CGS-CIMB's new TP is now at 42 cents while Maybank Securities' new TP is now at 37 cents.
March 10, 2023
Broker's Calls
Analysts positive on APAC Realty following robust project pipeline and future growth drivers
APAC Realty's 2HFY2023 could be stronger with more new launches expected to be rolled out.
March 09, 2023
Broker's Calls
CGS-CIMB downgrades TDCX to 'hold' on 'near-term weakness'
CGS-CIMB analysts Ong Khang Chuen and Kenneth Tan have also lowered their target price to US$13.30 ($18) from US$15.50 previously.
March 09, 2023
Broker's Calls
Analysts positive on Venture Corp's FY2022 earnings despite management's cautious outlook for FY2023
Target prices range from $20.10 to $22.
March 07, 2023
Broker's Calls
Analysts mixed on Frencken after dip in FY2022 earnings and soft FY2023 outlook
The company announced FY2022 ended Dec 31, 2022 earnings of $51.9 million, 11.7% lower than $58.7 million in FY2021.
March 06, 2023
Broker's Calls
Analysts remain positive on OCBC as bank maintains dividend payout ratio at 50% moving forward
Target prices range from $13.50 to $18.25.
March 03, 2023
Broker's Calls
Sats acquisition of WFS provides attractive buying opportunities: CGS-CIMB
CGS-CIMB has maintained their “add” rating for Sats with a lower TP of $3.10 from $3.21 previously.
March 01, 2023
Broker's Calls
ST Engineering set for continued growth in and beyond FY2023 as air travel begins full recovery: analysts
Analysts from DBS, CGS-CIMB, OCBC, Maybank and RHB have maintained their "add" or "buy" calls for ST Engineering.
February 28, 2023
Broker's Calls
Analysts remain positive on YZJ after lower FY2022 earnings on strong order book
CGS-CIMB and DBS have maintained their "add" and "buy" ratings for YZJ with TPs of $1.66 and $1.70.
February 27, 2023
Broker's Calls
‘Hold’ on to SingPost as its recovery is slower than expected
SingPost's operating profit for the 3QFY2023 declined by 9.7% y-o-y to $33.9 million.
February 24, 2023