Monday, November 25th, 2024

Category: Market Updates

RCE Capital: Poised for Growth as Momentum Builds

Date: October 22, 2024Broker: CGS International Company Overview RCE Capital Berhad is an investment holding company that offers management services. Through its subsidiaries, the company invests in various sectors, including property, information technology, financial...

PropNex Ltd: Dominating Singapore’s Real Estate Market with Resilient Growth and Strategic Expansion

Date: 21 October 2024Broker: OCBC Investment Research (OIR) Overview PropNex Ltd is Singapore’s largest listed real estate agency, employing over 12,000 salespersons locally and over 15,000 across its 23 regional offices in countries like...

Parkway Life REIT: Steady Growth Amid Strategic Expansion and Robust Capital Management

Broker Name: OCBC Investment ResearchDate: 21 October 2024 Investment Rating Rating: BUY (as of 21 October 2024) Last Close: SGD 3.99 Fair Value Estimate: SGD 4.48 Parkway Life REIT (PLIFE) maintains a stable outlook...

SCB X Posts Strong Q3 Earnings with Positive Asset Quality Outlook and Strategic Divestments

Date: October 22, 2024Broker: UOB Kay Hian Company Overview SCB X (Bloomberg ticker: SCB TB) is one of the largest commercial banks in Thailand, holding around 15% market share in the country’s credit market....

Civmec Rides High on Strong Demand and Currency Gains, Targets 34% Upside

Date of Report: October 22, 2024Broker: UOB Kay Hian Private Limited Company Overview Civmec is an integrated, multi-disciplined construction and engineering services provider. The company operates across multiple sectors, including oil and gas, metals...

Singapore Airlines Faces Earnings Pressure Amid Yield Decline and Engine Issues

Date of Report: October 21, 2024Broker: CGS International 2QFY25 Earnings Preview Singapore Airlines (SIA) is expected to report a profit after tax and minority interests (PATAMI) of approximately S$400 million to S$430 million for...

Krung Thai Bank Boosted by Investment Gains in Strong Q3 Performance

Date: October 22, 2024Broker: CGS International Securities Overview of Krung Thai Bank (KTB) Krung Thai Bank (KTB) is one of the leading commercial banks in Thailand, offering a wide range of financial services including...

Riverstone Holdings Faces Headwinds Amid Strengthening Ringgit

Date: October 22, 2024Broker: CGS International Securities Overview of Riverstone Holdings Riverstone Holdings is a Malaysian company specializing in the production of cleanroom and healthcare gloves. The company serves global markets, focusing on high-quality...

Singapore Airlines Faces Earnings Downdrift Amid Increased Competition

Date: October 22, 2024Broker: CGS International Securities Overview of Singapore Airlines (SIA) Singapore Airlines (SIA) is a leading global airline company based in Singapore. The company operates a wide range of domestic and international...

Early Uptrend Signals Strong Growth Potential for HKBN Ltd

Date: October 22, 2024Broker: CGS International Securities Overview of HKBN Ltd (1310) HKBN Ltd. provides a range of telephone voice and data communication services, including wireless internet services, IDD and IPTV services, local telephony,...