KGI Securities

SINGAPORE (Aug 16): KGI Securities is reiterating its “buy” recommendation on Frencken Group, formerly known as ElectroTech Investments, while raising its target price estimate to 72 cents from 63 cents previously.

SINGAPORE (March 21): M1 could be a potential target for foreign companies seeking to enter Singapore’s mobile sector as its biggest shareholders mull what to do with their stakes.

SINGAPORE (March 13): Coffeeshop operator Kimly might look attractive based on relative valuation, but lacks any compelling, sustainable competitive advantage, says KGI Securities in an unrated report on Monday.

SINGAPORE (March 9): KGI Securities has initiated coverage of SUTL Enterprise, the operator and owner of ONE°15 Marina Club in Sentosa, with a “buy” recommendation and a target price of $1.09.

SINGAPORE (Feb 21): KGI Securities says PEC’s current stock price of 60 cents “severely undervalues” the group’s profitable businesses that have been in operations since the 1980s.

SINGAPORE (Jan 12): KGI Securities has initiated coverage on Golden Energy and Resources (GEAR) with a “buy” recommendation and a target price of 95 cents – close to double its current trading price.

SINGAPORE (Dec 2): KGI Securities says the outlook for AEM Holdings is looking bright, thanks to rising demand for its flagship high-density semiconductor test handlers.

SINGAPORE (Nov 28): EC World REIT’s portfolio of six properties for e-commerce, supply-chain management, and logistics purposes in Hangzhou is well positioned to ride the city’s efforts to develop into China’s hi-tech hub, says KGI Securities.

SINGAPORE (Nov 25): Several local brokerages have put up trading restrictions on ISR Capital on fears of a massive selldown of its shares.

SINGAPORE (Oct 27): KGI Securities is advising shareholders of Innovalues to accept PE firm Northstar’s proposed share offer, while Maybank Kim Eng thinks Northstar’s evaluation of the company is “at the low end” of its valuation range.