supply chain disruptions

The analysts believes CSE is current trading levels have adequately prices in the group’s expected earnings recovery ahead.

To counter supply-chain disruptions, Asean must enhance economic integration, diversify sources and beef up multinational forums.

The study also found that local SMEs were more likely to leverage on digital customer insights than their global counterparts.

"Any exacerbation of the Covid-19 pandemic will prove to be more detrimental than beneficial for Singapore’s manufacturing environment,” says UOB economist Barnabas Gan.

Maybank Kim Eng Research analyst Lai Gene Lih says that stocks such as UMS Holdings and AEM Holdings are not only unlikely to face disruptions from the Covid-19 pandemic, but are also poised to thrive on strong outlooks from their key customers.

KGI analyst Kenny Tan says AEM's guidance raise reflects a “changing sentiment” due to continued orders from Intel. In addition, companies in the tech sector can generally remain defensive amid the Covid-19 pandemic.

On the back of improved performance, UMS is proposing a 1.0 cent tax-exempt interim dividend that is slated to be paid out on July 28. This dividend is also double that of the 0.5 cent dividend paid out last year.

A recent survey commissioned by Singapore’s Economic Development Boards (EDB) found that 60% of manufacturers here expect business conditions to worsen in the next six months.

Despite the decreases in Yangzijiang’s topline figures for 2QFY2020, market watchers are confident this is a stumble, and the group remains poised to navigate through the rough waters.

“Something that has always happened when these great, massive dislocations take place is that you end up seeing innovation coming out of them,” says Micron’s executive vice-president of global operations Manish Bhatia, referring to the Covid-19 pandemic.