Saturday, March 15th, 2025

Category: Market Updates

Bursa KLSE stocksMarket Updates

Deleum: Riding High on MCM Contract Wins and Strong P&M Growth

minichart
October 16, 2024

Date: October 16, 2024Broker: UOB Kay Hian Company Overview Deleum Berhad (DLUM MK) is a company that provides a diverse range of specialized products and services to the oil & gas industry. The company...

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Bursa KLSE stocksMarket Updates

Genting Malaysia Faces $600 Million Lawsuit Amid Recovery Efforts and Casino Expansion Plans

minichart
October 16, 2024

Date of Report: October 15, 2024Broker: CGS International Securities Complaint and Legal Risks On October 14, 2024, Genting Malaysia (GENM) announced that its indirect subsidiary, Genting Americas Inc. (GAI), was named in a complaint...

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Market UpdatesSingapore SGX stocks

UOB’s Strong Profit Growth Driven by Optimized Funding and Wealth Expansion in 3Q24F

minichart
October 16, 2024

Broker Name and Date of Report Broker: CGS International Securities Date: October 15, 2024 3Q24 Financial Overview United Overseas Bank (UOB) is projected to report a net profit of S$1.6 billion for 3Q24, representing...

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Market UpdatesSingapore SGX stocks

OCBC’s Steady Growth Amid Wealth Management Recovery in 3Q24F

minichart
October 16, 2024

Broker Name and Date of Report Broker: CGS International Securities Date: October 15, 2024 3Q24 Financial Overview OCBC is projected to report a net profit of S$1.9 billion for 3Q24, representing a slight decrease...

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Market UpdatesSingapore SGX stocks

DBS Annual Report 2023 dbs.com “DBS Group’s Strategic Initiatives and Financial Performance in 3Q24F

minichart
October 16, 2024

Broker Name and Date of Report Broker: CGS International Securities Date: October 15, 2024 3Q24 Financial Overview DBS Group is expected to report a net profit of S$2.8 billion for 3Q24, representing a 1%...

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Market UpdatesSingapore SGX stocks

Dyna-Mac: Riding the O&G Boom with Strong Growth and Strategic Opportunities

minichart
October 15, 2024

Date: October 14, 2024Broker Name: Maybank Research Pte Ltd Offer Update Hanwha Group has raised its offer to SGD0.67 per share for Dyna-Mac, surpassing the previous target price of SGD0.64. The offer is final,...

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Market UpdatesSingapore SGX stocks

Frencken Group Ltd: Positioned for Strong Growth Amid Semiconductor Industry Recovery

minichart
October 15, 2024

Date: October 14, 2024Broker: Maybank Research Pte Ltd Overview of Frencken Group Ltd Frencken Group Ltd (FRKN SP) is a Singapore-based technology hardware manufacturer specializing in the production of high-mix, low-volume, high-complexity components and...

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Bursa KLSE stocksMarket Updates

CIMB Group Holdings: Sustained Growth Through Strategic Expansion and Strong Regional Contributions

minichart
October 15, 2024

Date: October 14, 2024Broker: Maybank Investment Bank Berhad Overview of CIMB Group Holdings CIMB Group Holdings (CIMB MK) is a leading financial services provider in Malaysia, offering a broad range of consumer and investment...

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Market Updates

Astra International: Resilient Market Leader Amid Weakening Auto Demand and Expanding Ventures

minichart
October 15, 2024

Date of Report: October 14, 2024Broker: Maybank Sekuritas Indonesia Stock Rating and Target Price Current Rating: BUY 12-Month Price Target: IDR 5,250 (+10% upside) Current Share Price: IDR 5,075 Valuation Metrics: FY24E Price-to-Earnings (P/E):...

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Market Updates

True Corporation’s Core Profit Surges 295% in 3Q24 Amid Strong Cost Controls and ARPU Growth

minichart
October 15, 2024

Date of Report: October 15, 2024Broker: UOB Kay Hian Company Overview True Corporation (TRUE) was established from an amalgamation between True Corporation and Total Access Communication (DTAC) as a telecommunication services provider. It operates...

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