CGS International

Broker's Calls

PhillipCapital and CGS International maintain ‘buy’ on Lendlease Global Commercial REIT, TP unchanged

PhillipCapital and CGSI have kept their target prices unchanged at 80 cents and 71 cents, respectively.
CGSI sees possible dip in Yangzijiang’s FY2025 margins due to shift in delivery mix - THE EDGE SINGAPORE

Broker's Calls

CGSI sees possible dip in Yangzijiang Shipbuilding's FY2025 margins due to shift in delivery mix

Yangzijiang Shipbuilding has guided for a higher FY2025 order win target of over US$4.5 billion due to the planned capacity addition in Xinqiao Park.

Broker's Calls

‘Buy’ Grab as 3QFY2024 earnings hitting all the right notes, analysts say

The Maybank, DBS and CGSI analysts have all raised their target prices to US$5.40, US$5.16 and US$4.90 respectively.
Analysts bearish on Venture Corp in the near term, Citi downgrades to ‘neutral’  - THE EDGE SINGAPORE

Broker's Calls

Analysts bearish on Venture Corp in the near term, Citi downgrades to ‘neutral’

The analyst at Citi Research has downgraded his call from “buy” to “neutral” at a reduced target price of $14 from $15.70 previously, citing earnings pressures from softer product sales.

Broker's Calls

CGSI and DBS expect Yangzijiang Shipbuilding to post strong 2HFY2024 net profit

Yangzijiang's ytd order win of US$11.64 billion is largely in-line with the CGSI analysts' forecast of US$11.3 billion for 2024.

Broker's Calls

CGSI and OCBC bullish on SIAEC following 1HFY2025 results

In terms of operational numbers, flights handled by line maintenance in 1HFY2025 rose 9% y-o-y, standing at around 99% of 1HFY2020 pre-Covid-19 numbers.

Broker's Calls

CGS International maintains ‘add’ call on ESR-LOGOS REIT on positive FY2025 guidance

The REIT’s 9MFY2024 revenue and NPI were below expectations at 71% of the brokerage’s forecasts.

US Presidential Race

CGSI takes a closer look at US presidential election and suggests potential implications

Among the scenarios, analyst Edith Qian expects to see a "more benign" impact on China stocks should Harris win the election.

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.
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