Wednesday, January 22nd, 2025

Category: stock of the day

stock pick of the day

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...

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...

Data Centres Shine in Q3 Amid S-REITs’ Mixed Bag Performance

Data Centres Shine in Q3 Amid S-REITs’ Mixed Bag Performance Singapore-listed real estate investment trusts (S-REITs) delivered a largely predictable performance in the third quarter of 2024, but data centre REITs emerged as the...

S-REITs on Shaky Ground: What Trump’s Win Means for Investors

S-REITs on Shaky Ground: What Trump’s Win Means for Investors In a blow to S-REIT investors, former U.S. President Donald Trump’s re-election has clouded hopes for a quick resolution to rising interest rates. Nearly...

Keppel Takes Control of Legacy Rigs Amid Global Shortage of Premium Offshore Drilling Units

Keppel Takes Control of Legacy Rigs Amid Global Shortage of Premium Offshore Drilling Units Singapore— Keppel Corporation is set to reclaim full control of 13 advanced oil rigs housed under Rigco Holding, positioning itself...

today, Seatrium chart turns positive again.

On 12 November 2024 UOB Kay Hian wrote the following: Seatrium initiated a S\$100 million share buyback program on 4 June 2024, following a 20-for-1 share consolidation. To date, the company has spent S\$29...

Top Stocks to Watch: REX, RH Petrogas, and Kim Heng in the Spotlight!

Oil Prices Dip Amid Geopolitical Tensions and Market Volatility: Key Developments to Watch Global oil prices saw a slight decline after Monday’s rally, driven by halted production at Norway’s Johan Sverdrup oilfield. Brent crude...