CIMB Equity Research

Broker's Calls

Keppel upgraded for contract novation to Borr Drilling on favourable terms

SINGAPORE (March 21): CIMB is upgrading Keppel to “hold” from “reduce” after the rigbuilder says the contracts with Transocean for the five Super B jack-up rigs will be novated to Borr Drilling at US$216 million ($302 million) per rig.
Fu Yu Corp logo

Broker's Calls

Growth on the horizon for Fu Yu Corp after 3-year decline

SINGAPORE (Sept 21): Fu Yu Corporation says its revenue decline over the past three years will see a reversal by early FY17, after bottoming out in FY16.

New investment ideas to play the Singapore market

SINGAPORE (Sept 20): CIMB Equity Research has found two new investment themes that local investors can look into, namely the Asean domestic consumption and new technology.

The telco showdown has begun

SINGAPORE (Sept 2): Analysts have begun to price in the real possibility of a fourth telco entering the Singapore market after MyRepublic, AirYotta and TPG Telecom submitted their applications to the Infocomm Development Authority (IDA) on Thursday to bid

Broker's Calls

Memtech kept at ‘add’ by CIMB on the back of an expanding project pipeline

SINGAPORE (June 20): CIMB Equity Research has maintained its “add” call for Memtech International, with an unchanged target price of 86 cents.
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