HRNetGroup

Sims of HRNetGroup and former chairman of Marco Polo Marine see increase in stakeholdings - THE EDGE SINGAPORE

Sims of HRNetGroup and former chairman of Marco Polo Marine see increase in stakeholdings

Controlling Sim family of HRNetGroup and Marco Polo Marine's former executive chairman see stakes increase in respective firms.

Company in the news

Sims of HRnetGroup acquires $16 mil worth of shares in married deal

Shares in HRnetGroup closed 1 cent higher or 1.4% up at 70 cents on July 1.
Broker's Digest: SGX, FLCT, HRnetGroup, ComfortDelGro, Ascendas REIT, Kimly - THE EDGE SINGAPORE

Broker's Calls

Broker's Digest: SGX, FLCT, HRnetGroup, ComfortDelGro, Ascendas REIT, Kimly

See the analysts' recommendations and target prices here.
'Add' HRNetGroup as labour market shows strength in 1Q21: CGS-CIMB - THE EDGE SINGAPORE

Broker's Calls

'Add' HRNetGroup as labour market shows strength in 1Q21: CGS-CIMB

CGS-CIMB believes HRnetGroup is good proxy to play the recovery theme across its key markets.
HRNetgroup gets a 'buy' from RHB as 'negative news has mostly been priced in' - THE EDGE SINGAPORE

Broker's Calls

HRNetgroup gets a 'buy' from RHB as 'negative news has mostly been priced in'

HRnet is presently trading at what Seet calls a “modest” 11.7x FY2021 P/E compared to its 15x P/E its peers are trading at.
HRnetGroup gives out dividend of 2.5 cents in FY2020 despite 9.2% drop in earnings - THE EDGE SINGAPORE

Results

HRnetGroup gives out dividend of 2.5 cents in FY2020 despite 9.2% drop in earnings

Earnings of professional services firm HRnetGroup plunged by 9.2% to $49.8 million in FY2020, from $50.9 million in FY2019
CGS-CIMB positive on SG and China employment market, as well as HRnetGroup - THE EDGE SINGAPORE

Broker's Calls

CGS-CIMB positive on SG and China employment market, as well as HRnetGroup

CGS-CIMB Research has maintained their ‘buy’ rating and target price of 63.5 cents for recruitment firm HRnetGroup Limited

Broker's Calls

Tencent, ByteDance, Alibaba expansion here could bode well for HRnetGroup: CGS-CIMB

Despite the macro uncertainty, CGS-CIMB reckons HRnetGroup is well-positioned to benefit from job creation.

Broker's Calls

HRnetGroup to see lower earnings ahead amid tough job market: analysts

The lower analyst forecasts come after the recruitment company posted a weak set of results in 1H FY20 ended June 30.

Broker's Calls

RHB downgrades HRnetGroup as headwinds intensify

HRnetGroup's key markets – Singapore and China – are expected to see weak hiring.
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