Broker's calls

Broker's Calls

Brokers' Digest: Food Empire Holdings, Seatrium, Civmec

See what the analysts have to say this week.

Broker's Calls

DBS lowers GuocoLand’s TP to $2 despite expecting better days ahead

The potential conversion into a “stapled security” could be a significant share price catalyst.

Broker's Calls

Analysts upbeat on ComfortDelGro following Australia contract wins

The company will likely see a top-line uplift on expanded operations which may be offset by lower margins.

Broker's Calls

Analysts view ION deal positively for CICT; recommends unitholders to subscribe for preferential offering

RHB is “neutral” on the deal, noting that the pricing is “slightly on the higher end”.
CGSI sees Seatrium as a ‘laggard pick’ with 'strong turnaround' in 2H2024 - THE EDGE SINGAPORE

Broker's Calls

CGSI sees Seatrium as a ‘laggard pick’ with 'strong turnaround' in 2HFY2024

The analysts expect Seatrium to report an 184% h-o-h increase in net profit for 2HFY2024.
UOB Kay Hian downgrades Food Empire to ‘hold’ with lower TP after near-term headwinds - THE EDGE SINGAPORE

Broker's Calls

UOB Kay Hian downgrades Food Empire to ‘hold’ with lower TP after near-term headwinds

The analysts have also lowered their dividend forecast to 5 cents per share as they no longer expect special dividends for the FY.

Broker's Calls

Lim & Tan lifts Centurion’s TP to 83 cents with beds now in high demand

Analyst Chan En Jie's new target price is still based on a core FY2025 P/E of 7.1 times.

Broker's Calls

RHB lowers Food Empire’s TP to $1.36 following short-term price challenges

RHB has imputed lower gross margins in its forecasts, resulting in a reduction in its FY2024-FY2026 estimates.

Broker's Calls

S-REITs, Asean-based producers and internet players to benefit from easing cycle: CGSI

CLAR, FLCT, Japfa and Wilmar were among the stocks identified in this report.

Broker's Calls

New defence contracts may boost Civmec’s order book, Australian re-domicile may open up opportunities: Maybank

Given its net cash balance sheet, Ong believes there is still room for the company to raise its payout ratio.
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