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Frencken Group
Broker's Calls
Brokers’ Digest: CDL, PropNex, PLife REIT, KIT, SingPost, Grand Banks Yachts, Nio, Frencken, ST Engineering, UOB
Here's what the analysts have to say about these counters this week.
1 hour ago
Broker's Calls
DBS, Maybank and CGSI downgrade their TPs on Frencken Group amid slower recovery
This comes following Frencken’s business update for 3QFY2024, ended Sept 30, on Nov 19.
7 days ago
Results
Frencken Group reports earnings of $9.2 mil for 3QFY2024, up 29.3% y-o-y
For the same period, the group reported a 7.7% y-o-y increase in revenue at $198.6 million.
9 days ago
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.
24 days ago
Broker's Calls
Venture Corp and Frencken are DBS’s downstream picks; both look set to benefit from AI wave and recovery of end demand
DBS has “buy” calls on both companies with a TP of $1.77 for Frencken and a TP of $16.40 for Venture.
October 22, 2024
Broker's Calls
Broker's Digest: Yanlord Land Group, Frencken, Yangzijiang, Centurion
See what the analysts say this week.
October 18, 2024
Broker's Calls
Maybank and UOBKH keep ‘buy’ on Frencken, semiconductor recovery to arrive within 2HFY2025
Maybank Securities and UOB Kay Hian have both kept 'buy' on Frencken, at a lowered target price of $1.54 and an unchanged target price of $1.74 respectively.
October 15, 2024
Broker's Calls
UOBKH upgrades call on tech manufacturers to 'overweight', but remains selective on stock picks
Two-thirds of the tech manufacturing stocks reported weaker-than-expected 1H2024 earnings; Frencken and Venture named top picks.
August 28, 2024
Broker's Calls
RHB trims earnings estimates and lowers target price for Frencken, but remains positive on eventual recovery
Analyst Alfie Yeo trims his target price to $1.71, but keeps his “buy” call as overall demand gradually improves.
August 26, 2024
Broker's Calls
Analysts keep ‘buy’ on Frencken, optimistic on better 2HFY2024
Frencken's 1HFY2024 earnings of $18 million were in-line with UOB's and Maybank's expectations, but slightly below DBS's.
August 19, 2024