Thursday, October 31st, 2024

Day: October 30, 2024

Market UpdatesSingapore SGX stocks

CDREIT Poised for Growth: Strategic Acquisition and Strong Market Performance Highlight Potential Upside

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October 30, 2024

CDREIT OverviewDate: October 29, 2024Broker: CGS International Performance SummaryCDL Hospitality Trust (CDREIT) reported a mixed performance in its 3Q revenue and net property income (NPI), reflecting a year-over-year decline of 3.7% and 6.8%, respectively....

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Market Updates

Navigating Challenges: HM Sampoerna’s Resilience Amidst Market Pressures

minichart
October 30, 2024

Company Overview HM Sampoerna (HMSP) is one of Indonesia’s leading cigarette manufacturers, known for its production, marketing, and distribution of various cigarette products. The company has a significant market presence with a share of...

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Market UpdatesSingapore SGX stocks

CDL Hospitality Trusts: Navigating Recovery with Promising Growth Prospects

minichart
October 30, 2024

Date of Report October 30, 2024 Broker Name Maybank Research Pte Ltd Overview CDL Hospitality Trusts (CDREIT SP) is Singapore’s first listed hospitality group, managing a diverse portfolio of income-producing real estate primarily used...

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Market Updates

Strategic Moves and Steady Growth: Civmec Ltd (CVL SP) Navigates the Australian Defence Landscape

minichart
October 30, 2024

Date: October 30, 2024Broker: Maybank Research Pte Ltd Company Overview Civmec Ltd (CVL SP) is an integrated, multi-disciplinary construction and engineering services provider operating in Australia. The company primarily serves the Resources, Energy, Infrastructure,...

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Market Updates

Bank Negara Indonesia: Navigating Steady Growth Amid Economic Shifts – A Comprehensive Analysis

minichart
October 30, 2024

Date of Report October 29, 2024 Broker Name PT Maybank Sekuritas Indonesia Company Overview Bank Negara Indonesia (BBNI IJ) is a state-owned enterprise bank that provides general banking services, specializing in wholesale banking operations....

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Market Updates

HSBC Reports Strong Revenue Growth and Capital Position: A Pathway to Sustainable Dividends and Shareholder Returns

minichart
October 30, 2024

Date of Report 29 October 2024 Broker OCBC Investment Research Private Limited Company Overview HSBC Holdings is a leading international financial services group headquartered in the UK, with a strong presence in the UK...

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Market UpdatesSingapore SGX stocks

&&Japfa Ltd: Riding the Consumption Upcycle for Sustained Profitability&&

minichart
October 30, 2024

Broker Name: CGS International SecuritiesReport Date: October 30, 2024 Overview of Japfa Ltd’s Performance Japfa Ltd reported a strong financial performance for the nine months ending September 2024, with a core net profit of...

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Market Updates

HM Sampoerna: Resilience Amidst Challenges in Indonesia’s Tobacco Industry

minichart
October 30, 2024

Date: October 30, 2024Broker: PT Maybank Sekuritas Indonesia Stock Recommendation and Price Target Recommendation: Maintain BUY 12-Month Price Target (TP): IDR 850 (revised down from IDR 1,050), which implies a potential 30% upside from...

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Market Updates

Rising Prospects for &&CDL Hospitality Trusts&&: Capitalizing on Recovery and Rate Cuts

minichart
October 30, 2024

Date of Report: October 30, 2024Broker Name: Maybank Research Pte Ltd Overview of CDL Hospitality Trusts (CDREIT SP) CDL Hospitality Trusts (CDREIT) is the first listed hospitality trust in Singapore, focusing on income-producing real...

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Market Updates

Civmec Ltd: Strategic Growth Anchored by Australian Defense Contracts and Solid Financial Performance

minichart
October 30, 2024

Date: October 30, 2024Broker: Maybank Research Pte Ltd Company Overview Civmec Ltd, an integrated construction and engineering services provider, operates within key Australian sectors, including Oil & Gas, Metals & Minerals, Infrastructure, Marine, and...

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