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
25 Jan 21 – SG Weekly Update (18 Jan 21 – 22 Jan 21)
22 Jan 21 – International Cement Group Ltd (BUY TP: S$0.089) – Cementing a foothold in Central Asia
18 Jan 21 – SG Weekly Update (11 Jan 21 – 15 Jan 21)
11 Jan 21 – SG Weekly Update (4 Jan 21 – 8 Jan 21)
23 Dec 20 – SAC Year End Review 2020
21 Dec 20 – SG Weekly Update (14 Dec 20 – 18 Dec 20)
14 Dec 20 – SG Weekly Update (7 Dec 20 – 11 Dec 20)
9 Dec 20 – UMS Holdings Limited (BUY TP:S$1.26) – Semiconductor industry tailwind to persist
7 Dec 20 – SG Weekly Update (30 Nov 20 – 4 Dec 20)
7 Dec 20 – Don Agro International Limited (Non-Rated) – A russian agriculture play
30 Nov 20 – SG Weekly Update (23 Nov 20 – 27 Nov 20)
23 Nov 20 – SG Weekly Update (16 Nov 20 – 20 Nov 20)
19 Nov 20 – UnUsUaL Limited (Non-Rated) – Road ahead still uncertain
19 Nov 20 – Hyphens Pharma International Limited (BUY TP:S$0.390) – Q3 set-back, longer-term growth is priority
16 Nov 20 – SG Weekly Update (9 Nov 20 – 13 Nov 20)
9 Nov 20 – SG Weekly Update (2 Nov 20 – 6 Nov 20)
9 Nov 20 – SAC Knowledge Hub – AI in Healthcare
2 Nov 20 – SG Weekly Update (26 Oct 20 – 30 Oct 20)
30 Oct 20 – Starbust Holdings Limited (Non-Rated) – Homegrown defense star playing attack
26 Oct 20 – SG Weekly Update (19 Oct 20 – 23 Oct 20)
19 Oct 20 – SG Weekly Update (12 Oct 20 – 16 Oct 20)
12 Oct 20 – SG Weekly Update (5 Oct 20 – 9 Oct 20)
5 Oct 20 – SG Weekly Update (28 Sep 20 – 2 Oct 20)
28 Sep 20 – SG Weekly Update (21 Sep 20 – 25 Sep 20)
25 Sep 20 – UnUsUaL Limited (Non-Rated) – A regional icon in concerts and live events production and promotion
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