minichart

SATS Ltd (S63.SI): Technical Buy – Bottoming Up Analysis & Price Targets (May 2025)

minichart

May 27, 2025

CGS International May 27, 2025 Trendspotter’s Insights: SATS Ltd Bottoming Up and Pan-United Corp Ltd Volume Growth Key Overnight Market Recap European stocks and US equity futures experienced gains following President Donald Trump’s extension...

Continue Reading 0

Market UpdatesSingapore SGX stocks

BRC Asia Ltd: Acquisition of Southern Steel Mesh – Stock Analysis and Investment Recommendation

minichart

May 27, 2025

CGS International May 26, 2025 BRC Asia Ltd: Acquiring Malaysian Market Share Key Takeaways BRC Asia’s 1HFY9/25 net profit reached S\$42m, a 9% year-over-year increase, accounting for 53% of FY25F estimates. ] The company’s...

Continue Reading 0

Market UpdatesSingapore SGX stocks

text Download Copy code 1SEO title: SATS Ltd (SATS SP): Embedded Resilience & FY26F Outlook | CGS International Report 2 3Here’s a summary of the SATS Ltd (SATS SP) analysis from the CGS International report: 4 5* Recommendation: The report reiterates an “Add” rating for SATS Ltd with a higher target price (TP) of S\$3.60 [[1]]. 6* Financial Performance: 4QFY3/25 net profit was S\$38.7m, slightly ahead of estimates. Revenue growth remained consistent. SATS’s cargo tonnage has outpaced global cargo demand, indicating market share gains [[1]]. 7* FY26F Outlook: SATS’s growing market share is expected to support earnings growth in FY26F, even with potential trade tensions. Cargo volumes are expected to grow due to market share gains, offsetting potential softening cargo demand in the latter half of FY26F [[1]]. 8* Earnings Estimates: FY26F-27F EPS estimates are lifted by 7.9-8.5%, and FY28F estimates are introduced, implying a 3-year earnings CAGR of 15.0% [[1]]. 9* Valuation: The TP of S\$3.60 implies 17.3x FY27F P/E, similar to its pre-Covid-19 mean [[2]]. 10* Key Risks: Margin compression from weaker operating leverage due to softening cargo volumes and a decline in the aviation travel industry due to an economic downturn [[1]]. 11* ESG: SATS maintains a B- ESG combined score by LSEG, with a slight improvement in its Environmental pillar score [[5]]. 12* Financial Summary: Revenue, Operating EBITDA, and Net Profit are projected to increase through Mar-28F. Core EPS is also expected to grow [[1]]

minichart

May 27, 2025

CGS International May 26, 2025 SATS Ltd: Embedded Resilience to Tide Through FY26F – Market Share Gains Offset Global Cargo Weakness SATS Ltd: Overview of 4QFY3/25 Performance SATS Ltd reported a 4QFY3/25 net profit...

Continue Reading 0

Market UpdatesSingapore SGX stocks

Singtel (STEL.SI) Stock Analysis: FY25 Review, Dividend Growth & BUY Rating (May 2025)

minichart

May 27, 2025

Broker Name: OCBC Investment Research Private Limited Date of Report: May 26, 2025 Singtel: Capital Management and Growth Initiatives Drive Optimistic Outlook Investment Thesis Singtel, a leading communications technology group in Asia, is strategically...

Continue Reading 0

Market UpdatesSingapore SGX stocks

Pan-United Corp (PAN SP): FY26-28F Revenue Growth Forecast, Infrastructure Tailwinds, and ESG Leadership

minichart

May 27, 2025

CGS International May 26, 2025 Pan-United Corp Ltd: Riding the Construction Tailwinds with Volume Growth and Low-Carbon Concrete Investment Summary FY26F-28F revenue growth is expected to be supported by higher institutional & civil engineering...

Continue Reading 0

Market Updates

Yangzijiang Shipbuilding (YZJSGD SP): BUY Rating Maintained Despite Order Concerns – UOB Kay Hian Analysis

minichart

May 26, 2025

UOB Kay Hian Monday, 26 May 2025 Yangzijiang Shipbuilding: Big Backlog, New Orders Needed Company Overview Yangzijiang Shipbuilding (Holdings) (YZJSGD SP), established in 1956 and based in Jiangsu, China, stands as the country’s largest...

Continue Reading 0

Market UpdatesSingapore SGX stocks

SATS (SATS SP) Upgraded to BUY: FY25 Results Beat, Cargo Volume Growth Target Reaffirmed 1

minichart

May 26, 2025

UOB Kay Hian Monday, 26 May 2025 SATS (SATS SP): Upgraded to BUY on Strong Cargo Performance and Positive Outlook Investment Thesis: Upgrade to BUY SATS has been upgraded to a BUY rating with...

Continue Reading 0

Market UpdatesSingapore SGX stocks

Yangzijiang Shipbuilding (YZJSB) Stock Analysis: Full Yard Till 2028, Order Outlook, and TP – May 2025

minichart

May 26, 2025

CGS International May 23, 2025 Yangzijiang Shipbuilding: Full Yard Through 2028 Signals Strength Amidst Tariff Uncertainty Yangzijiang Shipbuilding (YZJSB) faces a mixed outlook as it navigates trade tensions and potential shifts in order placement...

Continue Reading 0

Market UpdatesSingapore SGX stocks

Singapore Retail Research: Hong Leong Asia Ltd Uptrend & Yangzijiang Shipbuilding Outlook (May 2025)

minichart

May 26, 2025

CGS International Retail Research May 26, 2025 Trendspotter: Crypto Resilience Amidst Market Turmoil & Hong Leong Asia’s Steady Uptrend Idea of the Day: Hong Leong Asia Ltd – Uptrend Intact and Steady Hong Leong...

Continue Reading 0

Market UpdatesSingapore SGX stocks

BRC Asia (BRC SP) Analysis: Hold Rating Maintained with Increased Target Price – May 2025 1

minichart

May 26, 2025

UOB Kay Hian Monday, 26 May 2025 BRC Asia (BRC SP): Navigating Growth Amidst Construction Boom Investment Thesis: Hold Rating Maintained Recommendation: HOLD (Maintained) ] Share Price: S\$3.13 ] Target Price: S\$3.29 (Previous TP...

Continue Reading 0

Author: minichart