Welcome!
CGS-CIMB Research
Broker's Calls
Analysts make mixed recommendations for Frencken as rising costs remain a key consideration
Analysts from CGS-CIMB, UOB Kay Hian, DBS and RHB are mixed on Frencken's outlook following the release of its 1HFY2022 results.
August 16, 2022
Broker's Calls
CGS-CIMB slashes Grand Venture Technology's TP by 34% amid 'difficult operating environment'
Shares in Grand Venture Technology are down 40.68% year to date.
August 16, 2022
Broker's Calls
Analysts mixed on Genting Singapore following underperformance versus rival Marina Bay Sands
RHB analysts saw disappointing footfall at RWS’s premise and casino, versus the large crowds at MBS and its casino.
August 15, 2022
Broker's Calls
Tight labour market and strong performance in North Asia remain catalysts for HRnet
Analysts from Maybank Securities, CGS-CIMB Research and PhillipCapital have maintained their “buy” calls for HRnetGroup.
August 15, 2022
Broker's Calls
Following 1HFY2022 results, analysts praise Elite Commercial REIT's stable portfolio, lower gearing
From FY2022, the REIT’s manager will receive 100% of its management fees in cash instead of units.
August 15, 2022
Broker's Calls
CGS-CIMB downgrades Riverstone Holdings to 'hold' on weaker prospects for healthcare glove industry
CGS-CIMB has also lowered its target price to 80 cents in line with its earnings per share cuts.
August 15, 2022
Broker's Calls
SBS in 'good position' to raise dividend payout ratio by end-FY2022: CGS-CIMB
In its report, CGS-CIMB also foresees SBS Transit to see further rail ridership recovery in the remainder of the FY2022.
August 12, 2022
Broker's Calls
Analysts positive on Delfi with record-high profit of US$19.4 mil for 1HFY2022
According to Euromonitor, Delfi is Indonesia’s market leader in chocolate confectionery, with a market share of around 38%
August 12, 2022
Broker's Calls
Analysts maintain 'buy' call for Propnex despite second quarter earnings slippage
Analysts from UOB Kay Hian and CGS-CIMB Research have maintained their “buy” calls and target prices for PropNex
August 12, 2022
Broker's Calls
Analysts see up to 25% upside for CDL following record earnings in 1HFY2022
Year to date, CDL (+21%) has outperformed both developers (+9%) and the STI (+5%).
August 12, 2022