CGS International

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.
CGSI downgrades Aztech Global to ‘reduce’ from ‘add’ at lowered TP of 78 cents - THE EDGE SINGAPORE

Broker's Calls

CGSI downgrades Aztech Global to ‘reduce’ from ‘add’ at lowered TP of 78 cents

Aztech's order book for completion in 4QFY2024 stands at $142 million, to which the CGSI analyst notes is at its lowest level since 4QFY2020.
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 bullish on CLAR, OCBC increases TP to $3.32

Units in CLAR closed 2 cents lower or 0.73% down at $2.72 on Oct 29.

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.
Maybank, CGS International and OCBC have maintained their “buy” calls on Frasers Centrepoint Trust - THE EDGE SINGAPORE

Broker's Calls

Maybank, CGS International and OCBC have maintained their ‘buy’ calls on Frasers Centrepoint Trust

This comes following FCT’s 2HFY2024 announcement released on Oct 25.

Broker's Calls

Analysts mostly keep ‘buy’ calls on MLT as 2QFY2025 results in line with expectations

The analysts' target prices range from $1.45 to $1.75.
CGSI keeps ‘add’ and TP of 37 cents unchanged on Q&M Dental Group - THE EDGE SINGAPORE

Broker's Calls

CGSI keeps ‘add’ and TP of 37 cents unchanged on Q&M Dental Group

CGSI's Tay sees that the acquisition could see Delun become a significant contributor to Q&M’s profitability.

Broker's Calls

Analysts mixed on OUE REIT following stable performance in 3QFY2024

Analysts from Maybank, PhillipCapital and CGS International have maintained their “buy” and “hold” calls.
CGS International expects a strong 1H for Singtel, ups target price to $3.70 - THE EDGE SINGAPORE

Broker's Calls

CGS International expects a strong 1H for Singtel, ups target price to $3.70

CGS International expects Singtel to report a strong 1HFY2025.
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