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Frencken Group Limited
Broker's Calls
DBS upgrades Frencken to ‘buy’ with higher TP of $1.33
The group’s revenue and patmi have been improving sequentially from the 1QFY2023 to 3QFY2023.
November 23, 2023
Broker's Calls
Brokers' Digest: Japfa, HRnetGroup, Keppel Infrastructure Trust, Frencken
See what the analysts have to say this week.
November 10, 2023
Broker's Calls
UOBKH adds SIA Engineering, Singtel, Food Empire, Frencken and Far East Hospitality Trust to November alpha picks
In October, the team’s alpha picks fell by 4.6% m-o-m due to poor investor sentiment although it still outperformed the benchmark.
November 02, 2023
Broker's Calls
CGS-CIMB lifts Frencken’s TP to $1.37 on improving outlook
Frencken is expected to release its 3QFY2023 update by Nov 27.
October 20, 2023
Results
Frencken reports 1HFY2023 earnings of $12.1 mil, down 53.8% y-o-y
Earnings per share (EPS) stood at 2.82 cents on a fully diluted basis.
August 14, 2023
Results
Frencken’s 1QFY2023 earnings down by 59.5% y-o-y to $5.2 mil
Given the challenging operating conditions, the group maintains a cautious view for FY2023.
May 19, 2023
Broker's Calls
The worst is over for Frencken, Maybank upgrades to 'buy' with a higher TP of $1.21
Maybank has increased its FY2023-FY2024 PATMI forecasts by 11.7% and 12.9%.
January 27, 2023
Broker's Calls
Analysts remain 'overweight' on tech manufacturers despite negative outlook in near-term
Semicon shipments growth to enter negative growth territory, predicts DBS.
October 19, 2022
Broker's Calls
RHB upgrades Frencken to 'buy' on attractive valuations
RHB analyst Jarick Seet had downgraded Frencken to “neutral” previously with a lowered P/E of 10x from 14x.
June 21, 2022
Results
Frencken sees earnings improve 10.7% y-o-y to $14.8 mil in 3QFY2021
In its outlook statement, the group expects its overall revenue in the 2HFY2021 to remain stable, compared to that of 1HFY2021.
November 11, 2021