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
29 Apr 19 – SG Weekly Update (22 Apr 19 – 26 Apr 19)
26 Apr 19 – Kim Heng Offshore & Marine Holdings Limited (Flash Note)
22 Apr 19 – SLB Development Ltd (BUY TP:S$0.280) – SLB 3Q19 results review
22 Apr 19 – SG Weekly Update (15 Apr 19 – 19 Apr 19)
15 Apr 19 – SG Weekly Update (8 Apr 19 – 12 Apr 19)
8 Apr 19 – SG Weekly Update (1 Apr 19 – 15 Apr 19)
5 Apr 19 – Sanli Environmental Limited (Flash Note)
1 Apr 19 – SG Weekly Update (25 Mar 19 – 29 Mar 19)
25 Mar 19 – SG Weekly Update (18 Mar 19 – 22 Mar 19)
21 Mar 19 – Advancer Global Limited (BUY TP:S$0.300) – FY2018 results review
20 Mar 19 – Acromec Limited (Flash Note)
18 Mar 19 – SG Weekly Update (11 Mar 19 – 15 Mar 19)
18 Mar 19 – Choo Chiang Holdings Ltd (Non-Rated) – The one-stop provider for electrical works
11 Mar 19 – SG Weekly Update (4 Mar 19 – 8 Mar 19)
4 Mar 19 – SG Weekly Update (25 Feb 19 – 1 Mar 19)
1 Mar 19 – Interra Resources Limited (BUY TP:S$0.089) – Interra’s FY18 profit ahead of our estimates by 83.2%
27 Feb 19 – United Global Limited (BUY TP:S$0.500) – 4Q18 profit after tax rose 2.9%, FY18 profit 4.3% above our estimates
25 Feb 19 – SG Weekly Update (18 Feb 19 – 22 Feb 19)
25 Feb 19 – Megachem Limited (BUY TP:S$0.500) – FY2018 core net profit before tax increased 36.3% led by broad based increase in revenues
21 Feb 19 – ISOTeam Ltd (Non-Rated) – Enhance, Create and Sustain
18 Feb 19 – SG Weekly Update (11 Feb 19 – 15 Feb 19)
11 Feb 19 – SG Weekly Update (4 Feb 19 – 8 Feb 19)
4 Feb 19 – SG Weekly Update (28 Jan 19 – 1 Feb 19)
28 Jan 19 – SG Weekly Update (21 Jan 19 – 25 Jan 19)
28 Jan 19 – Interra Resources Limited (Flash Note)
24 Jan 19 – Megachem Limited (BUY TP:S$0.500) – Megachem site visit notes
23 Jan 19 – Sanli Environmental Limited (Flash Note)
21 Jan 19 – SG Weekly Update (14 Jan 19 – 18 Jan 19)
18 Jan 19 – SLB Development Ltd (BUY TP:S$0.280) – SLB 2Q19 results review
14 Jan 19 – SG Weekly Update (7 Jan 19 – 11 Jan 19)