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CGS International
Broker's Calls
Oiltek should explore upgrade to Mainboard, says CGSI
Analyst William Tng has increased his target price on Oiltek to $1.44 as he rolls over valuations based on the sector’s FY2026 average P/E of 18.4 times.
16 hours ago
Broker's Calls
CGSI ups Food Empire’s TP to $1.53 with Vietnam ‘likely to shine’ in FY2024 results
Food Empire is expected to release its FY2024 results on Feb 26.
16 hours ago
Broker's Calls
Brokers’ Digest: SGX, UOB, Marco Polo Marine, Pan-United Corp, Food Empire, PLife REIT, Wilmar
See what the analysts have to say this week.
a day ago
Broker's Calls
CGSI expects DBS’s 4QFY2024 net profit to be at $2.7 bil; sees quarterly dividend to increase to 60 cents
DBS will release its 4QFY2024 and FY2024 results on the morning of Feb 10.
3 days ago
Broker's Calls
CGSI raises TP on Pan-United to 75 cents on bright industry outlook
Industry strength remains primarily driven by the public sector, with large infrastructure projects including Changi Airport Terminal 5 and the Cross Island Line.
3 days ago
Broker's Calls
CGSI sees revenue potential in ISOTeam with integration of BuildTech in unrated report
Currently, ISOTeam trades at 5.8 times 12 months forward P/E, against its five-year historical average P/E of 7.3 times.
5 days ago
Broker's Calls
CGSI raises Bursa Malaysia’s target price after 55 IPOs in 2024 mark 19-year high
Bursa Malaysia now sees 60 potential IPOs in 2025, and CGS International (CGSI) analyst Winson Ng is projecting “healthy” 7.1% net profit growth for 2025.
7 days ago
Broker's Calls
CGSI initiates ‘add’ call on Oiltek with TP of $1.32
Analyst William Tng sees several upsides to Oiltek including a strong order book and its asset-light business.
12 days ago
Investing ideas
O&M players to gain from higher rates on demand
Year-to-date, average offshore rig utilisation, a proxy for oil and gas (O&G) production activity, remains high at 80% and is forecasted to reach 88% by 2028.
December 13, 2024
Broker's Calls
ST Engineering could revise total addressable market for international defence on 2025 investors’ day: CGSI
CGSI believes the key difference between its previous targets and the 2025 investors’ day is the international defence business, which accelerated faster than expected over the past three years.
December 10, 2024