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Soilbuild Construction Group

Broker's Calls

$13 bil in contracts remaining for T5, MBS works; CGSI picks three construction stocks

CGSI analysts stay “overweight” on the construction sector, expecting the Singapore construction upcycle to extend into 2029.

Broker's Calls

Brokers' Digest: DFI Retail, Marco Polo Marine, iFast, Soilbuild, CSE Global

Here's what the analysts have to say about these stocks this week.
Soilbuild building

Broker's Calls

CGSI lifts Soilbuild’s target price; keeps FY2025 order win assumption of $530 mil

The analysts have kept their “add” call on the group after hosting the latter at its Singapore Value-Up Conference in Kuala Lumpur on Jan 13.
Soilbuild levels up for growth - THE EDGE SINGAPORE

Construction

Soilbuild levels up for growth

The Mainboard-listed construction company, one of the top performing local stocks over the past two years, eyes a spin-off of its precast business and a share split to keep investors interested.

Company in the news

Soilbuild Construction completes proposed one-for-four share split

As at 5pm on Jan 14, the company has an issued share capital of $107,867,163.64 comprising 661,864,184 shares, no treasury shares and no subsidiary holdings.
Addvalue Technologies’ near five-fold surge to  space leads SGX stocks this year - THE EDGE SINGAPORE

Stocks To Watch

Addvalue Technologies’ near five-fold surge to space leads SGX stocks this year

Addvalue Technologies, iX Biopharma and CNMC Goldmine taking the top three highest returns spots with returns from 341% to 455%.

Sector Focus

Multi-year construction boom fires up investor interest

With the recent infrastructure upcycle and pandemic-induced cost pressures easing, construction companies have been attracting greater investor interest.
Soilbuild Construction exploring possibility of listing precast and prefabrication business on SGX Mainboard - THE EDGE SINGAPORE

IPO

Soilbuild Construction exploring possibility of listing precast and prefabrication business on SGX Mainboard

The company says that this process is still at an exploratory stage, and the potential listing is subject to market conditions among other factors.
Besides the construction orders, Soilbuild has a significant business in precast manufacturing, which is seen as a "key growth engine" - THE EDGE SINGAPORE

Broker's Calls

Soilbuild shares jump following unrated DBS report calling fair value of $4.70

Besides the construction orders, Soilbuild has a significant business in precast manufacturing, which is seen as a "key growth engine"
Soilbuild now trades at 9x FY2025 earnings, which is a significant discount off the 15x fetched by Boustead Singapore, Wee Hur and Lum Chang - THE EDGE SINGAPORE

Broker's Calls

CGSI's Lim initiates coverage on Soilbuild with $4.21 target price

Soilbuild now trades at 9x FY2025 earnings, which is a significant discount off the 15x fetched by Boustead Singapore, Wee Hur and Lum Chang
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