Report Summary

• Key Actionable BUY Calls:
  • Techtronic Industries (669 HK):
    Action: BUY
    Target Price: HKD 150.00
    Highlight: Positioned for further growth.
  • China Aviation Oil (CAO SP):
    Action: BUY
    Target Price: SGD 2.48
    Highlight: To the moon.
  • Nordic Group (NRD SP):
    Action: BUY
    Target Price: SGD 0.60
    Highlight: Solid contract wins to support growth momentum.
  • Nanofilm Technologies International (NANO SP):
    Action: BUY
    Target Price: SGD 0.705
    Highlight: Look on the bright side.
  • ST Engineering Ltd (STE SP):
    Action: BUY
    Target Price: SGD 12.50
    Highlight: Momentum continues.
  • Info-Tech Systems Ltd (ITSL SP):
    Action: BUY
    Target Price: SGD 1.30
  • ComfortDelGro Corporation (CD SP):
    Action: BUY
    Target Price: SGD 1.74
  • Wilmar International (WIL SP):
    Action: BUY
    Target Price: SGD 3.97
• Highlights & Ideas:
  • Singapore Hospitality sector: Near-term rebound in tourist arrivals and hotel metrics due to Lunar New Year timing, but outlook marred by Middle East conflict. Football World Cup 2026 seen as a potential catalyst for hospitality, beverages, and sportswear sectors.
• Investment Implications:
  • Investors are encouraged to focus on the actionable BUY calls with clear target prices for growth opportunities.

Above is an excerpt from a report by OCBC Group. Clients of OCBC Group can be the first to access the full report from the OCBC Group website: https://www.ocbc.com