Research

Equity Research

We provide independent and objective equity research coverage for sectors and companies listed on the SGX, with a niche in small and mid-cap companies. We believe in deep-dive analysis of a company’s fundamentals and the operating landscape, to help investors appraise its value and make sound investment decisions. Our aim is to enhance shareholders’ value for the companies.
Report Title
21 Sep 20 – SG Weekly Update (14 Sep 20 – 18 Sep 20)
14 Sep 20 – SG Weekly Update (7 Sep 20 – 11 Sep 20)
9 Sep 20 – United Global Limited (HOLD TP:S$0.445) – Post-sale of 40% of lubricant business
7 Sep 20 – SG Weekly Update (31 Aug 20 – 4 Sep 20)
1 Sep 20 – Interra Resources Limited (HOLD TP:S$0.056) – Net loss narrowed for 1H2020
31 Aug 20 – SG Weekly Update (24 Aug 20 – 28 Aug 20)
31 Aug 20 – Hyphens Pharma International Limited (BUY TP:S$0.540) – Broadening product range and footprints
26 Aug 20 – UMS Holdings Limited (Non-Rated) – Riding on strong sector growth
26 Aug 20 – Megachem Limited (BUY TP:S$0.500) – Group’s operations remained stable despitechallenging 1H20
24 Aug 20 – SG Weekly Update (17 Aug 20 – 21 Aug 20)
20 Aug 20 – Koufu Group Limited (BUY TP:S$0.800) – Recovery in sight
20 Aug 20 – Advancer Global Limited (BUY TP:S$0.134) – 1H results review
17 Aug 20 – SG Weekly Update (10 Aug 20 – 14 Aug 20)
14 Aug 20 – UG Healthcare Corporation Limited (Non-Rated) – Results note
10 Aug 20 – SG Weekly Update (3 Aug 20 – 7 Aug 20)
3 Aug 20 – SG Weekly Update (27 Jul 20 – 31 Jul 20)
27 Jul 20 – SG Weekly Update (20 Jul 20 – 24 Jul 20)
20 Jul 20 – SG Weekly Update (13 Jul 20 – 17 Jul 20)
13 Jul 20 – SG Weekly Update (6 Jul 20 – 10 Jul 20)
6 Jul 20 – SG Weekly Update (29 Jun 20 – 3 Jul 20)
29 Jun 20 – SG Weekly Update (22 Jun 20 – 26 Jun 20)
22 Jun 20 – SG Weekly Update (15 Jun 20 – 19 Jun 20)
15 Jun 20 – SG Weekly Update (8 Jun 20 – 12 Jun 20)
12 Jun 20 – BRC Asia Limited (BUY TP:S$1.64) – 1HFY20 NPAT beats our estimates
8 Jun 20 – SG Weekly Update (1 Jun 20 – 5 Jun 20)
5 Jun 20 – SLB Development Ltd (Ceasing Coverage)
1 Jun 20 – SG Weekly Update (25 May 20 – 29 May 20)
25 May 20 – SG Weekly Update (18 May 20 – 22 May 20)
22 May 20 – Interra Resources Limited (HOLD TP:S$0.066) – Turned around in Q4 2019, announced placement to strategic investor
18 May 20 – SG Weekly Update (11 May 20 – 15 May 20)