Minichart

Civmec trades at defensively low valuations of 7.9x forward P/E

Minichart

September 16, 2024

Civmec Limited’s (S$0.94, unchanged) FY24 results came in-line with expectations with overall revenue and net profit coming in at 109%/105% of our forecast. Revenue rose 24.4% to A$1.0bln from increased activity levels across the...

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Hong Kong stocksMarket Updates

China’s Economic Data for August 2024

Minichart

September 16, 2024

China’s Economic Data for August 2024 The data for China’s economic activity in August 2024 was weaker than expected. The highlights of the report include: GDP Growth Forecast: China’s GDP growth is forecasted to...

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Market UpdatesSingapore SGX stocks

UOL Group Ltd – Technical Buy

Minichart

September 16, 2024

UOL Group Ltd – Technical Buy Last Price: S$5.57 Bullish Reversal Confirmed Key Technical Highlights: Entry Prices: S$5.57 S$5.27 S$5.13 Support Levels: Support 1: S$5.29 Support 2: S$5.09 Stop Loss: S$4.49 Resistance Levels: Resistance...

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Hong Kong stocksMarket Updates

Economic Activity in China

Minichart

September 16, 2024

Economic Activity in China Recommendation: OVERWEIGHT China’s economic activity in August 2024 was weaker than expected, with retail sales, industrial production, and fixed asset investment (FAI) missing expectations: Fixed Asset Investment (FAI): FAI growth...

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Hong Kong stocksMarket Updates

China Merchants Bank (CMB): OVERWEIGHT

Minichart

September 16, 2024

Banking Sector in China Recommendation: OVERWEIGHT Top Pick: China Merchants Bank (CMB) (3968 HK) CMB Share Price: HK$29.65 Target Price: HK$42.00 Upside: +41.7% The Chinese banking sector faces a challenging environment due to macroeconomic...

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Hong Kong stocksMarket Updates

Construction Sector in China

Minichart

September 16, 2024

Construction Sector in China Recommendation: MARKET WEIGHT Top Pick: China State Construction Engineering Corporation (CSCEC) (601668 CH) CSCEC Share Price: Rmb4.77 Target Price: Rmb6.09 Upside: +27.7% China’s construction sector continues to struggle amid weak...

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Singapore SGX stocksstock of the day

YZJ:$2.56, above ichimoku cloud and a bullish falling wedge.

Minichart

September 15, 2024

YZJ:$2.56, above ichimoku cloud and a bullish falling wedge. Above the Ichimoku Cloud: The Ichimoku Cloud is a popular technical indicator used to gauge momentum, trend direction, and potential support or resistance levels. The...

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Bursa KLSE stocksMarket Updates

My EG Services: Target price of RM1.42.

Minichart

September 13, 2024

My EG Services: Target price of RM1.42. My EG Services remains a top pick due to its strategic investments in the Zetrix blockchain venture, which is expected to bolster future growth. The company maintains...

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Bursa KLSE stocksMarket Updates

Major Cineplex

Minichart

September 13, 2024

4. Major Cineplex (MAJOR TB) Major Cineplex has shown a positive earnings outlook for 2H24, driven by an expected increase in moviegoer attendance and box office revenues. The target price for Major Cineplex is...

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Bursa KLSE stocksMarket Updates

IOI Properties Group: Target price of RM3.00.

Minichart

September 13, 2024

IOI Properties Group: Target price of RM3.00. Major Cineplex: Target price of Bt20.00. 2. IOI Properties Group (IOIPG MK) IOI Properties Group is positioned for growth due to upcoming property developments. It has a...

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Author: Minichart