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CGS-CIMB Research
Broker's Calls
CGS-CIMB ups ISDN's TP as Anggoci is expected to obtain its commercial operation date soon
“We assume that Anggoci can achieve COD by end-1QFY2023 and contribute to ISDN’s FY2023-FY2024 net profits": CGS-CIMB.
January 17, 2023
Broker's Calls
CGS-CIMB raises target price for Sats, expects faster Chinese reopening and revised WFS contribution
The analysts think that Sats's core operations can reach 100% of pre-Covid levels by March 2025.
January 16, 2023
Broker's Calls
Sea’s share price to remain volatile near term on slower topline growth in FY2023: CGS-CIMB
The analyst forecast Sea to achieve adjusted ebitda breakeven by 2QFY2023
January 13, 2023
Broker's Calls
FMH acquisition 'positive'; transaction to generate 8% operating profit accretion for SingPost: CGS-CIMB
Analyst Ong Khang Chuen thinks the worst could be over for the group.
January 12, 2023
Broker's Calls
CGS-CIMB raises target price on Venture, says it is ‘capable of weathering a slowdown’
Venture’s net cash position and zero debt will help tide it through any slowdown in the US.
January 09, 2023
Broker's Calls
CGS-CIMB upgrades GVT to ‘hold’ in light of China reopening
The analysts say that their 'hold' call is premised on GVT's ability to onboard new front end customers.
January 06, 2023
Broker's Calls
Brokers' Digest: Manulife US REIT, Japfa, Grab Holdings
See what the analysts have to say this week.
January 06, 2023
Broker's Calls
CGS-CIMB upgrades ISDN Holdings to 'add' on China’s reopening and contribution from hydropower business
CGS-CIMB Research has also upped its target price to 55 cents from 42 cents previously.
January 05, 2023
Broker's Calls
CGS-CIMB lowers Japfa's TP to 42 cents after AAG listing
The new target price is based on an FY2024 P/E of 8x, which is based on Japfa’s remaining animal protein businesses.
January 04, 2023
Broker's Calls
Singapore banks seeing growth slowdown, UOB top pick: CGS-CIMB
Banking system loans contracted 1.8% y-o-y in November 2022.
January 03, 2023