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
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
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