Saturday, October 19th, 2024

Day: October 3, 2024

Eco World Development: Capitalizing on Strategic Industrial Park Growth

Date of ReportOctober 2, 2024 BrokerMaybank Investment Bank Berhad Overview of Eco World Development Eco World Development (ECW MK) is primarily involved in property development, with its projects spread across Malaysia, including the Klang...

WuXi AppTec Boosts Investor Confidence Amidst Legislative Uncertainty and Strong Growth Prospects

Date: October 2, 2024Broker: OCBC Investment Research Company Overview WuXi AppTec, founded in 2000, is a global leader in contract research, development, and manufacturing (CRDMO). The company has evolved from a discovery chemistry business...

New World Development Co Ltd: Strong Rebound Signals Bullish Momentum

Date: October 3, 2024Broker: CGS International Securities Overview of New World Development Co Ltd Company Description:New World Development Co Ltd (Bloomberg: 17) is a diversified Hong Kong-based conglomerate involved in a wide array of...

Venture Corp: Anticipating Strong Revenue Growth Through Strategic Customer Engagement and Diversification

Date of Report: 3 October 2024Broker: UOB Kay Hian Strong Revenue Expectations Venture Corp (VMS) maintains its expectation for stronger revenue in the second half of 2024 compared to the first half. In the...

Frencken: Anticipating Revenue Growth with Diversified Market Strategies and New Customer Engagement

Date of Report: 3 October 2024Broker: UOB Kay Hian Positive Outlook for 2H24 Frencken is projecting a more bullish outlook with expectations of better revenue performance in the second half of 2024 compared to...

CSE Global: Strengthening Market Position with Robust Order Pipeline and Strategic Growth Initiatives

Date of Report: 3 October 2024Broker: UOB Kay Hian Robust Order Pipeline CSE Global continues to enjoy strong order wins, reporting an order intake of S$391 million in the first half of 2024. While...

Civmec: Capitalizing on Record Tender Opportunities for Sustainable Growth

Date of Report: 3 October 2024Broker: UOB Kay Hian Record Tender Opportunities Civmec is currently experiencing historically high levels of tendering activities across its operations, with current priced opportunities approaching A$10 billion. The company...

China Sunsine Chemical: Positioned for Growth Amidst Stimulus-Driven Demand and Market Recovery

Date of Report: 3 October 2024Broker: UOB Kay Hian Market Outlook and Demand Recovery China Sunsine Chemical is positioned to benefit from an anticipated improvement in demand and average selling prices (ASPs) due to...

Genting Singapore: Bright Prospects Ahead with Recovery in Tourism and Strategic Enhancements

Date of Report: 3 October 2024Broker: UOB Kay Hian Positive Outlook for 2H24 Genting Singapore (GENS) has a bright outlook for the second half of 2024, supported by multiple catalysts. The company is expected...

Singapore Post: Navigating Growth with Strategic Acquisitions and Enhanced E-Commerce Services

Date of Report: 3 October 2024Broker: UOB Kay Hian Improved Earnings Outlook Singapore Post (SPOST) is experiencing an improved earnings outlook for its postal segment. The company has returned to profitability in FY2024, driven...