Tuesday, December 3rd, 2024

Author: minichart

It is time to buy Wee Hur now? with 13% upside.

1.) Wee Hur’s financial results for the first half of 2024 showed a strong performance, which further buoyed market confidence. The company’s construction projects and ventures in Australia continued to contribute positively to its...

Cropmate Berhad IPO: A Fertile Opportunity or a Risky Investment?

Cropmate Berhad IPO: A Fertile Opportunity or a Risky Investment? Cropmate Berhad, a Malaysian fertilizer manufacturer, is set to list on the ACE Market of Bursa Malaysia on December 5, 2024, with an initial...

Keppel DC REIT Rights Issue: Is It Worth Applying and How Can You Get Started?

Keppel DC REIT: last done $2.23. has recently announced a rights issue as part of its strategy to fund acquisitions and strengthen its financial position. The proceeds are intended to support the purchase of...

Genting Singapore’s Gamble: Will 2025 Mark a Comeback?

Renewed Casino License Highlights Challenges Ahead for Resorts World Sentosa Resorts World Sentosa (RWS), the crown jewel of Genting Singapore, is doubling down on its future with the launch of the ambitious RWS 2.0...

Oiltek: $0.875, accumulate

Oiltek: $0.889, buy on pull back Key Financial Highlights For 3Q2024, Oiltek’s revenue surged by 14.5% to RM67.60 million, while gross profit saw an impressive increase of 75.2% to RM19.91 million. This growth in...

IT Hardware Sector Update: A Deep Dive into China’s AI Infrastructure

IT Hardware Sector Update: A Deep Dive into China’s AI Infrastructure The IT hardware sector in China is witnessing an accelerated growth trajectory, with the AI infrastructure supply chain at its core. The spotlight...

Corporate news summary

ThaiBev Reports 2.2% Revenue Growth and 0.6% Net Profit Increase in FY2024 Financial Results The company declared a final dividend of Baht 0.47 per share, with a total dividend for the year of Baht...

Magnum: Unlocking Value with Low Valuations, High Dividends, and a U-Mobile IPO Catalyst

Magnum : Valuation and Investment Recommendation Magnum is currently trading at attractive valuations, close to pandemic lows, with a projected 2025 PE of 10x, below the NFO sector’s five-year mean of 12-13x. These valuations,...

Oiltek Shares Soar 400% YTD: Will Parent Company Koh Brothers Eco Ride the Wave?

Oiltek Shares Soar 400% YTD: Will Parent Company Koh Brothers Eco Ride the Wave? Oiltek International, a biofuel refinery and processing firm, has seen its stock skyrocket more than fourfold in 2024, making it...

broker’s highlight

Singtel With a market cap of $52bln, Singtel trades at 19x PE, 5-6% yield and based on Bloomberg 1 year upside potential of 20% to $3.80, we maintain our Accumulate recommendation as yesterday’ drop...