The Straits Trading Company Update : Battered by One-offs, But the Core Holds: Deep Value Intact
Deep Asset Discount with Active Catalysts STC trades at 0.63× book value (NAV S$2.66/share) and a 46% discount to our RNAV estimate of S$3.12 per...
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Lum Chang Holdings Limited: Margin Rebuilt, Special Dividend Declared, Embedded Value Yet to Be Fully Recognised
A stronger earnings mix, a declared 2.0¢ interim dividend tied to the Lum Chang Creations listing, and updated visibility on the listed-subsidiary...
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KIN Global Ltd : Singapore's Dominant Sports Events Platform
Kin Global Limited ("Kin") offers investors exposure to Singapore's structurally expanding sports events ecosystem via a market-leading,...
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Hyphens Pharma International Update : Margin Reborn: Quality Over Quantity
We maintain our BUY rating on Hyphens Pharma International Limited ("Hyphens" or "the Group") and revise our 12-month target price to S$0.40 (from...
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Centurion Accommodation REIT Update : Maiden Results Beat Forecast
CAREIT: Maiden Results Beat Forecast; Growth Pipeline Supports Higher TP Early outperformance on DPU, rising leverage to growth mode, and a visible...
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