Excerpt from Maybank Research Pte Ltd report.
Report Summary
- Addvalue Technologies – BUY call with Target Price (TP) of SGD0.31. The stock is highlighted as a rare profitable space/drone play. Potential spin-off of its IDRS business on NASDAQ could significantly lift valuation, with current TP pegged at a 65% discount to global peers.
- Frasers Centrepoint Trust (FCT) – BUY call maintained with DCF-based TP of SGD2.60. FCT is showing stable operating performance, strong tenant sales growth (led by F&B), and asset enhancement initiatives (AEI) on track for completion.
- Other stocks covered show positive developments but do not carry explicit actionable BUY/SELL calls or target prices in this summary.
Key actionable insights:
- Focus on Addvalue Technologies for potential upside driven by space/drone sector momentum and possible NASDAQ listing. Immediate BUY, TP SGD0.31.
- Maintain BUY on Frasers Centrepoint Trust for stable returns and AEI-driven growth, TP SGD2.60.
above is an excerpt from a report by Maybank Research Pte Ltd. Clients of Maybank Research Pte Ltd can be the first to access the full report from the Maybank Research Pte Ltd website : https://www.maybank.com
