CIMB Securities

CIMB Securities Sdn Bhd prefers outsourced semiconductor assembly and test providers as favoured tech stock picks in Malaysia.

The POs were related to the false trading that inflated shares in KS Energy.

SINGAPORE (June 14): CIMB Securities likes Starburst Holdings, an engineering group specialising in the design and engineering of defence training facilities, as a “niche defence company with high entry barriers” – and foresees a sustained turnaroun

SINGAPORE (Feb 8): Singapore Airlines’ core earnings for 3Q17 rose 12% y-o-y to $256 million, after excluding a $79 million impairment charge on the value of the Tigerair brand arising from the merger between Tigerair and Scoot.

SINGAPORE (Jan 13): CIMB Securities continues to keep its “hold” call on M1 Limited, Singapore’s smallest telco, as it lowers the stock’s target price estimate to $1.90 from $2.10 previously.

SINGAPORE (Dec 5): CIMB Securities is highlighting Multi-Chem Limited for its IT distribution business segment after paying a visit to the company on Nov 10.

SINGAPORE (Oct 28): CIMB Securities is reiterating its “add” recommendation on Parkway Life REIT (PLife REIT) with an unchanged target price of $2.78 following its release of financial results for 3Q16.

SINGAPORE (Oct 28): CIMB Securities is upgrading its former “hold” call on Venture Corporation to “add” with a higher price target of $10.57 from $9.52 previously, after rolling over to FY18F in anticipation of the company’s impending 3Q financi

SINGAPORE (Oct 20): CIMB Securities is keeping its “reduce” call on the Singapore Exchange (SGX) with a lower target price of $7.04 from $7.24 previously, in view of low market volumes as global macroeconomic concerns weigh on investor sentiment.

SINGAPORE (Oct 18): CIMB Securities and Credit Suisse are recommending City Developments Limited (CDL) as their top developer pick of the sector with target prices of $8.75 and $11.50 respectively.