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CGS International Research
Broker's Calls
Special dividend from DBS, share buyback programme by UOB in CGSI’s forecasts ahead of FY2024 results
DBS will announce its results on Feb 11, followed by UOB on Feb 19 and OCBC on Feb 26.
3 days ago
Broker's Calls
CGSI resumes coverage of Food Empire with lower TP of $1.43
Analyst William Tng's valuation basis remains unchanged at 11.2 times FY2025 P/E or 1 standard deviation (s.d.) above its five-year mean from FY2019 to FY2023.
8 days ago
Broker's Calls
With 300MW wind-solar project win in India, Sembcorp at 64% of 2028 renewable energy goal: CGSI
Sembcorp’s overall renewable energy gross capacity has reached 16GW, or 64% of its 2028 target of 25GW.
November 27, 2024
Broker's Calls
Analysts maintain ComfortDelGro target price after news of London taxi acquisition
CDG intends to fund the purchase with external borrowings as it needs to pay off Addison Lee’s existing debt facilities in full upon completion.
October 25, 2024
Broker's Calls
Aztech Global is likely to maintain its eight-cent dividend over FY2024 to FY2026: CGSI
Analyst William Tng kept his “add” call and TP of $1.21 after a visit to Aztech’s Pasir Gudang plant.
October 07, 2024
Broker's Calls
CGSI ups Hyphens Pharma’s TP on ‘healthy pipeline’ of products ahead
CGS International analyst Tay Wee Kuang believes this will support patmi growth.
September 11, 2024
Broker's Calls
‘Concerns overblown’ over Grab’s ‘muted’ 2QFY2024 results; analysts eye positive free cash flow promise
“Given the pullback in shares, we believe now is an attractive entry point with 47% upside,” says Morningstar.
August 19, 2024
Investing ideas
iFast’s ‘strong’ 2Q earnings beat wins praise
Target prices for iFast range from $8.03 to $10.50, against its current traded price of around $7.41.
August 01, 2024
Broker's Calls
Analysts mostly positive on Parkway Life REIT after DPU growth in 1HFY2024
CGSI, DBS and OCBC have kept their "buy" calls while Citi has kept its "neutral" call on the REIT.
July 30, 2024
Broker's Calls
CGSI ups iFast target price to 27% upside on 2QFY2024 earnings beat
iFast posted 2QFY2024 patmi of $16 million, up 11% q-o-q and 346% y-o-y.
July 30, 2024