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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...
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....
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...
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...
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...
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...
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...
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,...
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...
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...