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Sector Focus
Chip recovery to help manufacturing turn corner in 2024
Singapore's semiconductor segment has already seen a bottoming and is staging a return in the coming year.
December 20, 2023
Broker's Calls
Brokers' Digest: Hyphens Pharma, iFast Corporation, Netlink, RE&S Holdings, Frencken
See what the analysts say this week.
December 01, 2023
Broker's Calls
RHB upgrades Frencken to ‘buy’ with new TP of $1.45
“We now turn positive on the stock ahead of an anticipated recovery next year,” says analyst Alfie Yeo.
November 27, 2023
Broker's Calls
Maybank lifts Frencken’s TP to $1.39 after positive 3QFY2023
“So far, Frencken has delivered improving quarters since 1QFY2023 and we believe this trend is likely to persist."
November 24, 2023
Broker's Calls
DBS upgrades Frencken to ‘buy’ with higher TP of $1.33
The group’s revenue and patmi have been improving sequentially from the 1QFY2023 to 3QFY2023.
November 23, 2023
Results
Frencken earnings down 35.1% y-o-y to $7.1 million for 3QFY2023 as tech slump drags on
Frencken reported revenue of $184.4 million, down 5.6% compared to 3QFY2022, due to challenging business conditions.
November 22, 2023
Broker's Calls
Brokers' Digest: Japfa, HRnetGroup, Keppel Infrastructure Trust, Frencken
See what the analysts have to say this week.
November 10, 2023
Broker's Calls
Maybank keeps 'buy' call on Frencken, citing better revenue share with customer shifting production
Seet, citing the management, expects higher revenue from the semiconductor industry for 2HFY2023 over the preceding half year
November 03, 2023
Broker's Calls
Brokers' Digest: Suntec REIT, Tiong Woon, MLT, Keppel DC REIT, ComfortDelGro, Hyphens Pharma, Frencken
See what the analysts have to say this week.
October 27, 2023
Broker's Calls
CGS-CIMB lifts Frencken’s TP to $1.37 on improving outlook
Frencken is expected to release its 3QFY2023 update by Nov 27.
October 20, 2023