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Ong Khang Chuen
Broker's Calls
CGS-CIMB remains positive on SEA as its 1Q21 results see 'strong start' to year
Shares in SEA closed US$9.16 higher or 4.2% up at US$228 on May 18, or 38.30 times P/BV, according to CGS-CIMB’s estimates.
May 19, 2021
Broker's Calls
Analysts remain positive on Silverlake Axis – albeit with lower TP – as it awaits big contract wins
Analysts from CGS-CIMB and DBS have lowered Silverlake Axis's TP to 31 cents and 33 cents respectively.
May 18, 2021
Broker's Calls
CGS-CIMB forecasts record 1Q21 for Jiutian Chemical Group on DMF price uptrend
"We expect Jiutian to enjoy strong earnings in 1HFY2021 riding on the cyclical uptrend of MA/DMF prices," say the analysts.
April 13, 2021
Broker's Calls
Continue to 'add' BRC Asia on recovery in construction sector, says CGS-CIMB
CGS-CIMB says BRC Asia is on track to double FY21 net profit to a record high of $40 mil.
March 11, 2021
Broker's Calls
Review of financing framework for DTL a potential catalyst for SBS Transit: CGS-CIMB
Under the current framework, SBS pays a fixed license fee to operate DTL and bears fare revenue risk.
March 09, 2021
Broker's Calls
'Buy' SBS Transit for road to recovery, favoured over ComfortDelGro: CGS-CIMB
CGS-CIMB continues to prefer SBS Transit over parent company ComfortDelGro.
November 17, 2020
Broker's Calls
The worst is over for Silverlake Axis, 'buy' despite 1Q21 dip: CGS-CIMB
Management attributed the weaker topline to temporary disruptions arising from a cybersecurity incident in September.
November 17, 2020
Broker's Calls
China Sunsine showing 'signs of a recovery': CGS-CIMB
CGS-CIMB maintains an “add” call on China Sunsine with a target price of 42 cents due to an expected earnings recovery in 2H20
October 09, 2020
Broker's Calls
953 Brokers' Digest
Take a look at these six stocks this week, including BYD, Far East Hospitality Trust, and Keppel Corp.
October 02, 2020
Broker's Calls
‘Buy’ UG Healthcare on the expectation of 50x higher profits: CGS-CIMB
CGS-CIMB remains positive on UG Healthcare, and forecasts a strong earnings showing as glove prices rise due to Covid-19
September 28, 2020