CGS-CIMB Research

Broker's Calls

Analysts positive on Sembcorp Marine and its Tuas Boulevard Yard

Analysts from UOB Kay Hian and CGS-CIMB have maintained their “buy” and “add” ratings with unchanged TPs of 15.6 and 19 cents.

Broker's Calls

CGS-CIMB trims target price on Kimly as weaker margins bite

The analysts note that Kimly faces rising costs, like elevated food and utilities prices, as well as manpower costs.

Broker's Calls

CGS-CIMB ups Boustead Projects' TP on strong order book and stronger-than-expected 1HFY2023 earnings

CGS-CIMB's Ong Khang Chuen has also upped his EPS estimates for FY2023 to FY2025 by 41% to 56%.
With Transcore contract win, it's ST Engineering’s way, on the highway  - THE EDGE SINGAPORE

Broker's Calls

With Transcore contract win, it's ST Engineering’s way, on the highway

Analysts are positive on STE after a $1.07 billion contract win by subsidiary Transcore.

Broker's Calls

Analysts maintain 'buy' for Sembcorp after further renewable acquisitions in China

Analysts from CGS-CIMB Research and PhillipCapital have also maintained their TPs of $4.78 and $3.68 respectively.

Broker's Calls

Analysts maintain ‘hold’ on CSE Global, noting headwinds ahead

CSE Global has a robust orderbook, but still faces supply chain disruptions, negatively impacting deliveries to customers.

Broker's Calls

Analysts positive on Grab amid good prospects and easing competitive landscape

Grab’s delivery ebitda turned profitable three quarters ahead of targeted schedule, the analysts highlight.

Broker's Calls

Cautious on ISDN for the short term, positive on the long term: CGS-CIMB

The company's 3Q results were lower y-o-y, but came in flat q-o-q.
Analysts mixed on Q&M Dental as core dental business outlook remains uncertain - THE EDGE SINGAPORE

Broker's Calls

Analysts mixed on Q&M Dental as core dental business outlook remains uncertain

Analysts from CGS-CIMB, DBS and PhillipCapital have maintained their recommendations for “add”, “hold” and “buy” respectively.
CGS-CIMB bumps up target price on Silverlake Axis to 44 cents, PhillipCap leaves TP unchanged - THE EDGE SINGAPORE

Broker's Calls

CGS-CIMB bumps up target price on Silverlake Axis to 44 cents, PhillipCap leaves TP unchanged

Silverlake could have brighter prospects as banks increase their IT spend.
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