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
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)
20 Oct 22 – SG Weekly Update (13 Oct 2022 – 19 Oct 2022)
13 Oct 22 – SG Weekly Update (6 Oct 22 – 12 Oct 22)
13 Oct 22 – Enviro-Hub Holdings Ltd: Enviro Hub Site Visit to Pharmacy and Glove Factory
30 Sep 22 – SG Weekly Update (22 Sep 2022 – 28 Sep 2022)
23 Sep 22 – SG Weekly Update (15 Sep 2022 – 21 Sep 2022)
19 Sep 22 – Kim Heng Ltd (HOLD TP: S$0.1016): Offshore expertise bolsters windfarm contract wins
16 Sep 22 – SG Weekly Update (8 Sep 2022 – 14 Sep 2022)
9 Sep 22 – Enviro-Hub Holdings Ltd (Non-rated): E-waste recycling buttressed by legislations, hybrid work
8 Sep 22 – SG Weekly Update (1 Sep 2022 – 7 Aug 2022)
5 Sep 22 – Koda Limited (BUY TP:S$0.64) – Macro headwinds ahead
5 Sep 22 – Cordlife Group Ltd (Non-Rated) – Lower births and cut back in discretionary spending
1 Sep 22 – SG Weekly Update (25 Aug 2022 – 31 Aug 2022)