brokers' calls

RHB anticipates FY2025 recovery for UMS in-line with semiconductor revival - THE EDGE SINGAPORE

Broker's Calls

RHB anticipates FY2025 recovery for UMS in line with semiconductor revival

Currently, UMS stock trades at around 18 times FY2024 price-to-equity ratio (P/E) based on Bloomberg estimates, with an around 5.5% dividend yield.

Broker's Calls

CGSI lowers Frencken’s TP to $1.55 on slow semicon recovery

CGSI's Tng sees that order recovery among Frencken’s semicon customers, while slow, is intact, which could lead to a resumption of core EPS growth in FY2025 to FY2026.

Broker's Calls

Maybank and DBS downgrade Aztech Global, expect 4QFY2024 to be slower than 3QFY2024

The majority of Aztech's orders are scheduled for completion in FY2024.

Broker's Calls

CGSI and Maybank unchanged on FEHT following 3QFY2024 results

FEHT's gearing and cost of debt remained stable q-o-q in the 3QFY2024 at 30.8% and 4.1%, respectively.

Broker's Calls

UOBKH keeps ‘buy’ on DCREIT at raised TP of 95 cents from 88 cents previously

DCREIT has until early-December this year to decide on the size of its stake increase in its Frankfurt data centre at a lucrative NPI yield and steep discount to refreshed valuation.
CGSI unchanged with ‘add’ call and TP of $9.50 on iFast, expects 6.2 cents FY2024 DPS - THE EDGE SINGAPORE

Broker's Calls

CGSI unchanged with ‘add’ call and TP of $9.50 on iFast, expects 6.2 cents FY2024 DPS

In order to reach 6.2 cents DPS in FY2024F, the CGSI analyst expects about 1.9 cents in 4QFY2024.

Broker's Calls

Analysts retain calls and TPs on Keppel after clarity on data centre business

PhillipCapital's Paul Chew believes Keppel's 3QFY2024 net profit fell due to lower real estate earnings while Citi's Brandon Lee attributes the decline to a lack of valuation and divestment gains.

Broker's Calls

Citi ‘increasingly confident’ of Sats’ earnings recovery; maintains ‘buy’ at raised TP of $4.25

The group’s shares opened on Oct 25 to surge at a one-year high of $4.06 at 9:33 am.

Broker's Calls

RHB raises TP for ISOTeam to 7 cents on strong recovery and strong order book

Analyst Alfie Yeo says that the group’s FY2024 $6mil earnings “markedly outperformed” his $3 million estimate.

Broker's Calls

Citi sees Genting Singapore as ‘defensive shelter in volatile markets’, maintains ‘buy’

Analyst George Choi has also kept his target price of $1.14 unchanged.
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