Welcome!
CGS-CIMB Research
Broker's Calls
With higher dividends and M&A on the cards, 'the best is yet to come' for HRnetGroup: analysts
“Backed by its robust net cash of $327 million, the group is well-positioned for synergistic M&A opportunity, possibly in China.”
March 02, 2022
Broker's Calls
Analysts mixed on SIA despite first quarterly profit since Covid-19
Some are positive on SIA's recovery, but others are worried about fuel costs.
March 01, 2022
Broker's Calls
Analysts still positive on OCBC as FY2021 earnings perform below expectations
Analysts have estimated OCBC's TPs to range from $14.20 to $15.82.
March 01, 2022
Broker's Calls
Analysts raise First Resources TPs on higher CPO price assumptions
Analysts at RHB, CGS-CIMB and Maybank have raised their target prices for First Resources to $2, $2.12 and $1.88 respectively.
March 01, 2022
Broker's Calls
Q&M valuations still attractive despite 4QFY2021 earnings miss
CGS-CIMB and DBS have given Q&M "buy" calls with target prices of 79 cents and 72 cents respectively.
February 25, 2022
Broker's Calls
Analysts mixed on SATS as air traffic takes off once again
DBS and Citibank have maintained their calls, while CGS-CIMB has raised their target price slightly.
February 25, 2022
Broker's Calls
Even conservative analysts lift Sembcorp's TP after strong 2H21 results escape losses
“All segments turned in stronger h-o-h earnings growth in 2HFY2021.”
February 25, 2022
Broker's Calls
Analysts trim APAC Realty's TP due to adverse impact from property cooling measures
Analysts have trimmed their TPs and earnings forecasts for APAC Realty to reflect the slower property transaction environment.
February 25, 2022
Broker's Calls
CGS-CIMB, PhillipCapital remain 'neutral' on Raffles Medical Group on weaker FY2022 prospects
Analysts from CGS-CIMB and PhillipCapital have also lowered their target price estimates to $1.33 and $1.27 respectively.
February 24, 2022
Broker's Calls
Analysts raise Wilmar's FY2022 earnings forecasts on higher CPO price and processing margins
Shares in Wilmar closed 6 cents lower or 1.3% down at $4.56 on Feb 23.
February 23, 2022