Monday, November 25th, 2024

Category: Market Updates

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%...

Continue Reading 0
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,...

Continue Reading 0
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...

Continue Reading 0
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...

Continue Reading 0
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):...

Continue Reading 0
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...

Continue Reading 0
Bursa KLSE stocksMarket Updates

Laser-Focused Growth: Northeast Group’s Strategic Expansion Poised for Major Upside

minichart
October 15, 2024

Date: October 15, 2024Broker: UOB Kay Hian Private Limited Company Overview Northeast Group Berhad (NE) is primarily engaged in the manufacturing of precision engineering components. These components are used across multiple industries including photonics,...

Continue Reading 0
Market Updates

JD Logistics, Inc.: Leading China’s E-commerce Logistics with a Strong Turnaround and Growth Prospects

minichart
October 15, 2024

Date of Report: October 15, 2024Broker Name: UOB Kay Hian Company Overview JD Logistics, Inc. (JDL) is China’s leading integrated supply chain and premium e-commerce logistics service provider. It boasts the largest domestic warehouse...

Continue Reading 0
Market Updates

Jasa Marga’s Strategic Divestment and Anticipated Toll Tariff Hikes Propel Future Growth

minichart
October 15, 2024

Date of Report: October 15, 2024Broker Name: UOB Kay Hian Company Overview Jasa Marga (JSMR) is Indonesia’s largest toll road operator, with a total concession length of approximately 1,260 km, spanning across Java, Sumatera,...

Continue Reading 0
Bursa KLSE stocksMarket Updates

IHH Healthcare: Strategic Expansion and Sustainable Growth Across Key Markets

minichart
October 15, 2024

Date: 15 October 2024Broker: UOB Kay Hian Company Overview IHH Healthcare provides a wide range of healthcare services through hospitals, medical centers, clinics, and ancillary businesses. The company operates in multiple countries including Singapore,...

Continue Reading 0