Friday, July 4th, 2025

Category: Market Updates

Thai Beverage (THBEV) Stock Analysis: Demand Volatility, Dividend Yield, and Updated Target Price (May 2025)

CGS International May 13, 2025 Thai Beverage: Steady Progress Amid Demand Volatility Thai Beverage (THBEV) is navigating a landscape of fluctuating demand, demonstrating resilience in certain segments while facing headwinds in others. This analysis...

SEA Ltd (SE) Downgraded to Hold: 2025 Forecast, Target Price & Analysis

CGS International May 14, 2025 SEA Ltd: Strong Start to 2025F, But Growth Could Slow Investment Summary SEA Ltd’s 1Q25 adjusted EBITDA surpassed expectations, primarily due to a resurgence in the digital entertainment segment....

SIA Engineering (SIE SP): Building Capacity for Long-Term Growth – 2025 Analysis & Target Price

CGS International May 14, 2025 SIA Engineering: Building Capacity for Long-Term Growth SIA Engineering (SIE) FY3/25 Core Net Profit Analysis FY3/25 core net profit of S\$140.2m was 2.6% below forecast, mainly due to unfavorable...

Food Empire Holdings (FEH SP): Rerating on Track – Analyst Report & Target Price

CGS International May 13, 2025 Food Empire Holdings Ltd: Rerating on the Horizon Food Empire Holdings (FEH) is poised for an upward valuation rerating, driven by robust growth in its Asian business over the...

Thai Beverage (THBEV SP): Downgrade to HOLD on Margin Concerns – May 2025 Analysis

UOB Kay Hian Tuesday, 13 May 2025 Thai Beverage Downgraded to HOLD: A Deep Dive into 1HFY25 Results and Future Outlook Thai Beverage (THBEV SP): Company Overview Thai Beverage Public Company, Thailand’s largest beverage...

StarHub (STH SP) 1Q25 Results: HOLD Rating – Analysis, Target Price, and Dividend Yield

UOB Kay Hian Tuesday, 13 May 2025 StarHub (STH SP): Navigating Transformation Amidst Pricing Competition Investment Thesis StarHub faces stiff domestic pricing competition in its mobile segment, but enterprise businesses are expected to drive...

Trendspotter: Tencent (700) Uptrend Intact + China Life Strong Southbound Beneficiary (May 13, 2025)

CGS International May 13, 2025 Tencent Holdings & China Life: Key Insights from Hong Kong Retail Research Market Overview: Risk Appetite Surges Amid US-China Trade Reprieve Investors responded positively to signs of easing trade...

ST Engineering (STE): Defense Sector Growth Drives Target Price Increase to S$8.40 (May 2025)

CGS International May 10, 2025 ST Engineering: Defence Sector Drives Growth with Bullish Outlook ST Engineering (STE) demonstrates strong growth potential, particularly within its Defence & Public Security (DPS) segment. Despite concerns over tariffs,...

Singapore Stock Market Report: SIA Engineering Upgrade, UMS Accumulate & Global Market Analysis – May 13, 2025

Lim & Tan Securities 13 May 2025 Daily Market Review: SIA Engineering Upgrade and Key Market Highlights Financial Market Overview The FSSTI Index closed at 3,876.2, up by 0.7%, with a month-to-date (MTD) increase...

Singapore Banking Sector Outlook: 1Q25 Analysis, DBS & OCBC Recommendations

UOB Kay Hian Tuesday, 13 May 2025 Singapore Banks in Q1 2025: Resilient Earnings Amidst Global Uncertainty Sector Overview: Banking – Singapore Singapore’s banking sector demonstrated resilience in the first quarter of 2025, with...