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
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)
17 Dec 18 – SAC Year End Review 2018
10 Dec 18 – SG Weekly Update (3 Dec 18 – 7 Dec 18)
5 Dec 18 – SAC Knowledge Hub – Brain-Computer Interface
3 Dec 18 – SG Weekly Update (26 Nov 18 – 30 Nov 18)
26 Nov 18 – SG Weekly Update (19 Nov 18 – 23 Nov 18)
23 Nov 18 – TEE International Limited (Non-Rated) – Engineering A Great Tee Off
19 Nov 18 – SG Weekly Update (12 Nov 18 – 16 Nov 18)
19 Nov 18 – Sanli Environmental Limited (BUY TP:S$0.360) – 1H19 revenue grew 12.9%
16 Nov 18 – Interra Resources Limited (BUY TP:S$0.089) – Second consecutive quarter of profitability
12 Nov 18 – SG Weekly Update (5 Nov 18 – 9 Nov 18)
12 Nov 18 – United Global Limited (BUY TP:S$0.500) – 3Q18 adjusted profit after tax rose 14.1%
5 Nov 18 – SG Weekly Update (29 Oct 18 – 2 Nov 18)
29 Oct 18 – SG Weekly Update (22 Oct 18 – 26 Oct 18)