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
31 Dec 21 – Halcyon Agri Corporation Limited (Non-Rated) – Riding on rubber demand
31 Dec 21 – SG Weekly Update (23 Dec 21 – 29 Dec 21)
24 Dec 21 – SG Weekly Update (16 Dec 21 – 22 Dec 21)
17 Dec 21 – Pan-United Corporation Limited (BUY TP:S$0.50) – Gearing up for re-opening ramp
17 Dec 21 – SG Weekly Update (9 Dec 21 – 15 Dec 21)
10 Dec 21 – SG Weekly Update (2 Dec 21 – 8 Dec 21)
6 Dec 21 – BRC Asia Limited (HOLD TP:$1.64) – Demand intact, order execution to accelerate
3 Dec 21 – SG Weekly Update (25 Nov 21 – 1 Dec 21)
29 Nov 21 – ST Group Food Industries Holdings Ltd (BUY TP:S$0.26) – Re-opening to drive recovery
26 Nov 21 – SG Weekly Update (18 Nov 21 – 24 Nov 21)
19 Nov 21 – SG Weekly Update (11 Nov 21 – 17 Nov 21)
19 Nov 21 – PropNex Limited (BUY TP:S$1.94) – A tireless property market
18 Nov 21 – Pan-United Corporation Limited (BUY TP:S$0.50) – Market leader with a green vision
18 Nov 21 – Hyphens Pharma International Limited (BUY TP:S$0.40) – Strategic acquisition of Novem Group
16 Nov 21 – UnUsUaL Limited (Ceasing Coverage)
12 Nov 21 – SG Weekly Update (4 Nov 21 – 10 Nov 21)
8 Nov 21 – Sanli Environmental Limited (BUY TP:S$0.249) – Reopening to accelerate work progress
5 Nov 21 – SG Weekly Update (28 Oct 21 – 3 Nov 21)
29 Oct 21 – SG Weekly Update (21 Oct 21 – 27 Oct 21)
29 Oct 21 – SG REITs 3Q2021 Review
22 Oct 21 – SG Weekly Update (14 Oct 21 – 20 Oct 21)
19 Oct 21 – Jason Marine Group Limited (Non-Rated) – Trading below cash value
15 Oct 21 – SG Weekly Update (7 Oct 21 – 13 Oct 21)
14 Oct 21 – COSCO Shipping International (Singapore) Co Ltd (Non-Rated) – Fine balancing act between returns and expansion
8 Oct 21 – SG Weekly Update (30 Sep 21 – 6 Oct 21)
1 Oct 21 – SG Weekly Update (23 Sep 21 – 29 Sep 21)
29 Sep 21 – Soon Lian Holdings Limited (Non-Rated) – Higher price and demand for aluminium
24 Sep 21 – Roxy-Pacific Holdings Limited (Non-Rated) – Privatisation Offer
24 Sep 21 – SG Weekly Update (16 Sep 21 – 22 Sep 21)
17 Sep 21 – SG Weekly Update (9 Sep 21 – 15 Sep 21)