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
8 Jun 21 – GKE Corporation Limited (BUY TP:S$0.163) – Cementing position as warehousing provider and concrete producer
31 May 21 – SG Weekly Update (24 May 21 – 28 May 21)
28 May 21 – UnUsUaL Limited (Non-Rated) – Net loss widened in FY2021
24 May 21 – SG Weekly Update (17 May 21 – 21 May 21)
18 May 21 – PropNex Limited (HOLD TP:S$1.27) – Asset-light business model showing resilience
18 May 21 – BRC Asia Limited (HOLD TP:S$1.64) – Virus resurgence clouds 2H
17 May 21 – SG Weekly Update (10 May 21 – 14 May 21)
13 May 21 – UMS Holdings Limited (HOLD TP:S$1.46) – Good start to the year
10 May 21 – SG Weekly Update (3 May 21 – 7 May 21)
7 May 21 – Cordlife Group Limited (Non-Rated) – Lifeguarding your child’s future
4 May 21 – Choo Chiang Holdings Ltd (Non-Rated) – Rides on strong home sales and copper price
3 May 21 – SG Weekly Update (26 Apr 21 – 30 Apr 21)
26 Apr 21 – SG Weekly Update (19 Apr 21 – 23 Apr 21)
19 Apr 21 – SG Weekly Update (12 Apr 21 – 16 Apr 21)
14 Apr 21 – SG REITs 1Q2021 Review
12 Apr 21 – SG Weekly Update (5 Apr 21 – 9 Apr 21)
7 Apr 21 – Roxy-Pacific Holdings Limited (Non-Rated) – A diversified property owner and developer
5 Apr 21 – SG Weekly Update (29 Mar 21 – 2 Apr 21)
29 Mar 21 – SG Weekly Update (22 Mar 21 – 26 Mar 21)
22 Mar 21 – SG Weekly Update (15 Mar 21 – 19 Mar 21)
22 Mar 21 – Advancer Global Limited (BUY TP:S$0.134) – FY20 profit held up by government grant
18 Mar 21 – United Global Limited (HOLD TP:S$0.445) – Seeking new business opportunities
17 Mar 21 – Hyphens Pharma International Limited (BUY TP:S$0.370) – Growing regional presence
15 Mar 21 – SG Weekly Update (8 Mar 21 – 12 Mar 21)
10 Mar 21 – UMS Holdings Limited (BUY TP:S$1.38) – Growth trajectory to continue in 2021
10 Mar 21 – International Cement Group Ltd (BUY TP: S$0.089) – FY2020 net profit set back by forex loss
8 Mar 21 – SG Weekly Update (1 Mar 21 – 5 Mar 21)
5 Mar 21 – Starbust Holdings Limited (Non-Rated) – Profit shot into the black
5 Mar 21 – Koufu Group Limited (BUY TP:S$0.770) – Earnings rebound in FY2021
1 Mar 21 – SG Weekly Update (22 Feb 21 – 26 Feb 21)