Welcome!
Frencken Group
Broker's Calls
Frencken started at 'buy' with 75 cents target on tech transformation acceleration
SINGAPORE (Apr 15): DBS Group Research is starting Frencken at ‘buy’ with 75 cents target price on business diversification, technology advancement and attractive valuations.
April 15, 2019
Broker's Calls
RHB stays 'neutral' on tech sector as it awaits trade deal conclusion
SINGAPORE (Mar 19): RHB Research is sticking to its bottom-up approach in the tech sector, focusing on key selection of stocks which have sound fundamentals and balance sheet as well as good growth despite the ongoing trade war issues.
March 19, 2019
1MDB Watch
Fugitive Larry Low pares stake in Frencken Group
SINGAPORE (Sept 3): Larry Low Hock Peng, wanted by Malaysian authorities on a charge of money-laundering, has ceased to be a substantial shareholder in Singapore-listed Frencken Group, a company of which he was the founding chairman. Larry is the father
August 31, 2018
Malaysia
Jho Low's father pares deemed stake in Frencken; no longer substantial shareholder
SINGAPORE (Aug 30): Larry Low Hock Peng, the father of Jho Low, has ceased to be a substantial shareholder of Frencken Group.
August 30, 2018
Broker's Calls
Undervalued contract manufacturer Frencken a proxy to Europe's recovery
SINGAPORE (May 14): UOB KayHian is maintaining Frencken at “buy” saying the undervalued contract manufacturer gives good exposure to Europe’s growth story.
May 14, 2018
Results
Frencken posts 58.5% drop in 1Q earnings to $6.8 mil on absence of one-off gain
SINGAPORE (May 10): Frencken Group saw its earnings tumble 58.5% to $6.8 million for the 1Q ended March, from $16.3 million a year ago.
May 10, 2018