Friday, July 4th, 2025

Category: Market Updates

Sasseur REIT (SASSR): Robust EMA & “Add” Rating – Analyst Report May 2025

CGS International May 15, 2025 Sasseur REIT: Robust EMA Structure Drives Optimistic Outlook Sasseur REIT: Benefiting from Robust EMA Structure 1Q25 EMA rental income of S\$32.5m aligns with forecasts, representing 25.4% of FY25 projections...

CSE Global (CSE SP) Stock Analysis: 1Q25 Results, BUY Rating, and Target Price

UOB Kay Hian Private Limited Friday, 16 May 2025 CSE Global (CSE SP): Maintaining BUY Rating After a Solid 1Q25 Performance Company Overview CSE Global is a systems integration and information technology solutions provider....

Singapore Airlines (SIA SP): Hold Rating, Target Price S$6.88 – FY25 Earnings Analysis & FY26 Outlook

CGS International May 16, 2025 Singapore Airlines (SIA): Final DPS of 30 Scts Met Expectations; Hold Rating Reiterated Singapore Airlines: FY25 Performance and Dividend Details Singapore Airlines (SIA) reported a FY25 core net profit...

CSE Global: Stronger 2H25F Expected, Reiterate Add Rating – Target Price S$0.68

CGS International May 16, 2025 CSE Global: Expecting Stronger 2H25F with a 50% Payout Ratio Overview of CSE Global’s Performance and Future Outlook Management indicates contract momentum and project recognition could be weighted towards...

Marco Polo Marine (MPM): 1HFY9/25 Results, Target Price & Analysis (May 2025)

CGS International May 15, 2025 Marco Polo Marine: Riding the Offshore Wind Wave with Margin Expansion Marco Polo Marine (MPM) is strategically positioning itself in the growing offshore wind sector, with recent financial results...

Genting Singapore (GENS): 2H25F Earnings Recovery on New RWS Attractions | CGS International Analysis

CGS International May 15, 2025 Genting Singapore: Poised for Growth in 2H25F with New Attractions Genting Singapore’s 1Q25 Performance: A Brief Overview Genting Singapore (GENS) reported an adjusted EBITDA of S\$235.8m for 1Q25, slightly...

Maybank Research: Singapore Post (SPOST SP) – Special Dividend & Asset Monetization Strategy

Maybank Research Pte Ltd May 16, 2025 Singapore Post Ltd: Special Dividend and Strategic Reset Singapore Post (SingPost) recently reported an underlying loss of SGD0.5 million in 2HFY25, primarily attributed to declining revenues and...

Singapore REITs: Quality Focus Amidst Mixed Outlook – Top Picks & Analysis (May 2025)

OCBC Investment Research 15 May 2025 Singapore REITs: A Quality-Focused Strategy Amidst a Mixed Outlook Investment Summary: Navigating the S-REIT Landscape Following the market’s initial overreaction to US President Trump’s ‘Liberation Day’ tariff announcements...

Bumitama Agri (BAL): BUY Rating, Strong 1Q25 Results, and Revised Fair Value – May 2025 Update

OCBC Investment Research 15 May 2025 Bumitama Agri Ltd (BAL): Riding High on CPO Prices – A Strong Start to 2025 Investment Thesis: Bumitama Agri Ltd. (BAL) Bumitama Agri Ltd. (BAL) is a leading...

Centurion Corp (CENT SP): Cautiously Optimistic Outlook – 1Q25 Revenue Analysis & Target Price Update

Broker Name: CGS International Date of Report: May 15, 2025 Centurion Corporation Ltd: Cautiously Optimistic Outlook and Potential REIT Issuance Centurion’s Strong 1Q25 Performance Centurion Corporation Ltd (CENT) reported a strong first quarter for...