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 Jun – SG Weekly (12 Jun – 16 Jun 23)
15 Jun 23 – SG Weekly (5 Jun – 9 Jun 23)
6 Jun 23 – SG Weekly (29 May – 2 Jun 23)
1 Jun 23 – Jumbo Group Ltd: Exceeds expectations with yet returning Chinese (BUY TP: S$0.43)
26 May 23 – SG Weekly (22 May – 26 May 2023)
26 May 23- Aspial Lifestyle Limited (Non-Rated): Expanding to Malaysia
25 May 23 – Hyphens Pharma International Ltd: Beyond the shores (BUY TP: S$0.34)
19 May 23 – SG Weekly (15 May – 19 May 2023)
12 May 23 – SG Weekly (8 May – 12 May 2023)
5 May 23 – SG Weekly (1 May – 5 May 2023)
26 Apr 23 – First REIT: Steering a steadier ship (BUY TP: S$0.30)
26 Apr 23 – SG Weekly (20 Apr – 26 Apr 2023)
20 Apr 23 – Uni-Asia Group Limited: Resilient business amid tough times (BUY TP: S$1.20)
13 Apr 23 – SG Weekly (5 Apr – 13 Apr 2023)
13 Apr 23 – SG Weekly (5 Apr – 13 Apr 2023)
4 Apr 23 – SG Weekly (29 Mar – 3 Apr 2023)
31 Mar 23 – First REIT: Sustainable DPU with improved risk profile (BUY TP: S$0.30)
30 Mar 23 – SG Weekly (20 Mar – 24 Mar 2023)
28 Feb 23 – Megachem: FY22 Revenue Reaches All-Time High
14 Feb 23 – SG Weekly (6 Feb – 10 Feb 2023)
8 Feb 23 – SG Weekly (30 Jan – 3 Feb 2023)
20 Jan 23 – TOTM Technologies Ltd: Strengthening Through Partnership
11 Jan 23 – TOTM Technologies Ltd: Huge potential of contracts
7 Dec 22 – Jumbo Group Ltd (BUY TP: S$0.41): Riding on the tailwinds of reopening
6 Dec 22 – TOTM Technologies Ltd (Non-rated): Breaking into the field of identity management
18 Nov 22 – SG Weekly (10 Nov – 16 Nov 22)
17 Nov 22 – First REIT (BUY TP: S$0.33) – 2.0 Growth Strategy Executing Well
11 Nov 22 – SG Weekly (03/11 – 09/11/22) – How low can you go? (Part 2)
3 Nov 22 – SG Weekly (27/10 – 02/11/22) – How low can you go?
27 Oct 22 – SG Weekly Update (20 Oct 2022 – 26 Oct 2022)