Broker Name: Lim & Tan Securities
Date of Report: 19 February 2026
Excerpt from Lim & Tan Securities report.
Report Summary:
- Global equities saw gains, with US indices up 0.6%-0.8% after dovish commentary from the US Fed; Singapore’s FSSTI index is up 6.3% year-to-date.
- CSE Global secured S\$514.7 million in new orders in 4Q2025, a 118.7% year-on-year increase, driven mainly by US electrification contracts, especially in LNG and data centre markets. Despite strong topline growth, the report maintains a HOLD rating due to limited upside and the need for profitability to catch up with capex-heavy growth.
- Marco Polo Marine reported a strong 1QFY2026, with revenue up 27% and gross profit up 32%, driven by offshore wind support vessel deployment. The company is recommended as “accumulate on weakness” due to solid fundamentals but recent share price appreciation.
- China’s digital service exports, led by firms like Alibaba, Tencent, and ByteDance, have soared, doubling the trade surplus in this sector to a record US\$33 billion in 2025, as Chinese tech expands globally amid US chip restrictions.
- Institutional investors were net sellers of Singapore equities in early February 2026, while retail investors were net buyers. Sector flows indicated rotation into financial services and technology by institutions, with retail flows favoring financials and REITs.
- Dividend and results announcement calendar for Singapore-listed companies is provided for February and March 2026.
Above is an excerpt from a report by Lim & Tan Securities. Clients of Lim & Tan Securities can be the first to access the full report from the Lim & Tan Securities website: https://www.limtan.com.sg
