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CGS-CIMB Research
Broker's Calls
Broker's Digest: Advanced Info Service, SGX, Raffles Medical Group, EC World REIT, Jason Marine Group
See what the analysts have to say about these counters.
July 15, 2022
Singapore economy
Economists take a closer look at MAS's surprise move to tighten its monetary policy stance
The MAS surprised with its decision to tighten its monetary policy stance earlier today.
July 14, 2022
Broker's Calls
Indonesia's B35 mandate may not effectively lower stocks in the near term: CGS-CIMB
The B35 policy, effective on July 20, is aimed at reducing palm oil inventories in Indonesia.
July 12, 2022
Broker's Calls
CGS-CIMB upgrades Raffles Medical Group to 'add' with lower TP of $1.27
The new target price is pegged to an FY2023 EV/EBITDA of 16x, 0.5 standard deviation below its five-year historical mean.
July 12, 2022
Broker's Calls
Like Singapore's hiring outlook, HRnetGroup's upside looks 'robust': CGS-CIMB
“We believe this could trickle down to the private sector in due course.”
July 08, 2022
Corporate moves
No pandemic? No fear, there is still inflation
These stocks may be coming off their Covid high, but inflation is about to give them another boost.
July 07, 2022
Broker's Calls
Ascott’s proposed acquisition of Oakwood to provide CLI with immediate and medium term benefits
CLI will benefit from immediate fee contribution as well as potential to drive further revenue and operational strategies.
July 05, 2022
Broker's Calls
CGS-CIMB maintains ‘add’ rating on Frencken, but trims target price
The company's margin pressures are forecast to ease in the second half of 2022.
July 05, 2022
Broker's Calls
Higher biodiesel mandate in Indonesia medium-term positive for Indonesian biodiesel producers: CGS-CIMB
The plan would allow the producers such as Wilmar, Golden Agri and First Resources to expand their revenues and earnings base.
July 04, 2022
Broker's Calls
CGS-CIMB slashes Nanofilm target price to $3.07, cuts revenue forecasts
Nanofilm's share price now stands at $2.33, almost 40% down since the start of 2022.
July 01, 2022