www.cgs-cimb.com
Open in
urlscan Pro
13.251.148.16
Public Scan
Submitted URL: http://www.cgsi.com/
Effective URL: https://www.cgs-cimb.com/en/home
Submission: On January 29 via manual from GB — Scanned from SG
Effective URL: https://www.cgs-cimb.com/en/home
Submission: On January 29 via manual from GB — Scanned from SG
Form analysis 3 forms found in the DOM
<form class="dropdown-menu p-4 navbar-right-dropdown-menu-right" aria-labelledby="menu1">
<div>
<a style="font-weight: 900;" data-i18n="[html]header.label_createaccount">Apply Online</a>
</div>
<!-- dev start -->
<div class="form-group dropdown-OpenNewAc-menu-Width2 login-select" style="margin-top: 17px;">
<button type="button" onclick="location.href = 'https://www.cgs-cimb.com.my/en/applyonlinenow.jsp'" class="btn btn-danger btn-lg btn-block">Individual</button>
</div>
<div class="form-group dropdown-OpenNewAc-menu-Width2 login-select" style="margin-top: 17px;">
<button type="button" onclick="location.href = 'https://secure8.itradecimb.com.my/gcCIMBPlus/cliAcctRegEO.jsp?type=C'" class="btn btn-danger btn-lg btn-block">Corporate</button>
</div>
<!-- dev end -->
</form><form class="dropdown-menu p-4 navbar-right-dropdown-menu-right" aria-labelledby="menu1">
<div>
<a style="font-weight: 900;" data-i18n="[html]header.label_createaccount">Apply Online</a>
</div>
<div class="form-group dropdown-OpenNewAc-menu-Width2 login-select" style="margin-top: 17px;">
<button type="button" onclick="location.href = 'https://www.cgs-cimb.com.sg/en/openanaccount'" class="btn btn-danger btn-lg btn-block">iCash, Margin and Cash Trading</button>
</div>
<div class="form-group dropdown-OpenNewAc-menu-Width2 login-select" style="margin-top: 17px;">
<button type="button" onclick="location.href = 'https://application.cgsi.com/cfd'" class="btn btn-danger btn-lg btn-block">Contracts for Difference (CFD)</button>
</div>
</form><form class="dropdown-menu p-4 navbar-right-dropdown-menu-right" aria-labelledby="menu2">
<div>
<a style="font-weight: 900;" data-i18n="[html]header.label_memberlogin">Member Log In</a>
</div>
<!-- dev start -->
<div class="dev-needed" style="display: none;">
<div class="form-group dropdown-OpenNewAc-menu-Width2 login-select" style="margin-top: 17px;">
<button type="button" onclick="location.href = 'https://secure8.itradecimb.com.my'" class="btn btn-danger btn-lg btn-block">CGS-CIMB iTrade</button>
</div>
<div class="form-group dropdown-OpenNewAc-menu-Width2 login-select" style="margin-top: 17px;">
<button type="button" onclick="location.href = 'https://www.eipocimb.com/'" class="btn btn-danger btn-lg btn-block">eIPO</button>
</div>
<div class="form-group dropdown-OpenNewAc-menu-Width2 login-select" style="margin-top: 17px;">
<button type="button" onclick="location.href = 'https://www.cgs-cimb.com.my/en/cfdselection'" class="btn btn-danger btn-lg btn-block">CFD</button>
</div>
</div>
<div class="intlsg-needed" style="">
<div class="form-group dropdown-OpenNewAc-menu-Width2 login-select" style="margin-top: 17px;">
<select class="product-select">
<option value="0" data-i18n="[html]header.option_selectproduct">Select product</option>
<option value="1">Stocks & Shares</option>
<option value="2">Contracts For Difference (CFD)</option>
<option value="5">Bonds</option>
</select>
<div class="select-selected">Select product</div>
<div class="select-items select-hide">
<div>Stocks & Shares</div>
<div>Contracts For Difference (CFD)</div>
<div>Bonds</div>
</div>
</div>
<div class="form-group dropdown-OpenNewAc-menu-Width3 login-select" style="margin-top: 17px;">
<select class="platform-select" id="test1">
<option value="0" data-i18n="[html]header.option_selectplatform">Select platform</option>
</select>
<div class="select-selected">Select platform</div>
<div class="select-items select-hide"></div>
</div>
<button type="button" onclick="" class="btn btn-danger btn-lg btn-block login-btn" data-i18n="[html]header.btn_proceed">PROCEED</button>
<!--<button onclick="javascript: location.href= 'login.jsp'" class="btn btn-danger btn-lg btn-block login-btn">PROCEED</button>-->
</div>
<!-- dev end -->
</form>Text Content
For Individual About CGS-CIMB
International
International
International Malaysia Indonesia Singapore Thailand India United Kingdom
EN
EN 简
* Why CGS-CIMB
* * Stocks and Shares
Equities are one of the most widely traded investments and have
historically outperformed most other investments over the long run.
SECURITIES
* Bonds
A bond is a debt investment, where the investors lend money to an entity,
BONDS
* Forex
FX, also known as foreign exchange, is an over-the-counter (OTC) product
that has no central exchange, unlike commodities or stocks.
Contracts for Difference
Contracts for Difference (CFD) is a tradable instrument that mirrors the
movements of the asset underlying it.
Equity Linked Notes
Equity-linked notes (ELNs) are short term investments (typically lasting 1
to 4 months) that give you the opportunity to buy shares of a selected
company at a discount to market price.
DLC
Daily Leveraged Certificates (DLCs) are a form of structured financial
instrument issued by banks and traded on the securities market
LEVERAGED PRODUCTS
* CGS Fullgoal Vietnam 30 Sector Cap ETF
CGS Fullgoal CSI1000 ETF
ETF
* Futures
Futures is a standardised, exchange traded financial contract between two
parties to buy or sell an asset (commodities, bonds, currencies or
financial indices) at a future date and time.
FUTURES
* Wealth Planning
WEALTH MANAGEMENT
* Margin Financing
Margin Financing, a secured facility which provides leverage for the
trading of shares on SGX, BURSA, HKEX and US.
Securities Borrowing and Lending
CGS-CIMB Securities borrowing and lending facility offers clients the
opportunity to engage in hedging or arbitrage activities while avoiding
failed settlements.
FINANCING SERVICES
* iCash Account
SHARIAH-COMPLIANT PRODUCTS
* Find the right investment
* View All
Product & Services
* PlatformMetaTrader 4iTradeViewpointProsperUsToolsiScreener iFilter Stock
Filter View All
Platform & Tools
* Sustainability
* Career
* Apply Online
Apply Online
Individual
Corporate
Apply Online
Apply Online
iCash, Margin and Cash Trading
Contracts for Difference (CFD)
* Log In
Member Log In
CGS-CIMB iTrade
eIPO
CFD
Select product Stocks & SharesContracts For Difference (CFD)Bonds
Select product
Stocks & Shares
Contracts For Difference (CFD)
Bonds
Select platform
Select platform
PROCEED
* For Individual
* Back to main menu (current)
* Back to Product & Services (current)
* Back to Platform & Tools (current)
* Why CGS-CIMB (current)
* Product & Services
* Product & Services
* SECURITIES
* SECURITIES
* Stocks and Shares
* BONDS
* BONDS
* Bonds
* LEVERAGED PRODUCTS
* LEVERAGED PRODUCTS
* Forex
* Contracts for Difference
* Equity Linked Notes
* DLC
* ETF
* ETF
* CGS Fullgoal Vietnam 30 Sector Cap ETF
* CGS Fullgoal CSI1000 ETF
* FUTURES
* FUTURES
* Futures
* WEALTH MANAGEMENT
* WEALTH MANAGEMENT
* Wealth Planning
* FINANCING SERVICES
* FINANCING SERVICES
* Margin Financing
* Securities Borrowing and Lending
* SHARIAH-COMPLIANT PRODUCTS
* SHARIAH-COMPLIANT PRODUCTS
* iCash Account
* Find the right investment
* View All
* Platform & Tools
* Platform & Tools
* Platform
* Platform
* MetaTrader 4
* iTrade
* Viewpoint
* ProsperUs
* Tools
* Tools
* iScreener
* iFilter
* Stock Filter
* View All
* Sustainability (current)
* Career (current)
About CGS-CIMB
InternationalMalaysiaIndonesiaSingaporeThailandIndiaUnited Kingdom
EN简
LOG INCREATE ACCOUNT
×Apply Online
iCash, Margin and Cash Trading
Contracts for Difference (CFD)
×Member Log In
Select productStocks & SharesContracts For Difference (CFD)Bonds
Select product
Stocks & Shares
Contracts For Difference (CFD)
Bonds
Select platform
Select platform
PROCEED
or
CREATE ACCOUNT
1.
2.
3.
4.
5.
6.
7.
8.
9.
10.
11.
12.
13.
14.
15.
16.
17.
EXPLORE MORE ABOUT OUR
TOP PRODUCTS & SERVICES
EQUITIES
LEVERAGED PRODUCTS
FUTURES
WEALTH MANAGEMENT
FINANCING SERVICE
BONDS
LET US HELP YOU FIND THE PERFECT INVESTMENT!
Please fill out the following questions to find out what investment best suits
you:
I am a:
Select hereFirst time investorRelatively new investorRelatively experienced
investor
Select here
First time investor
Relatively new investor
Relatively experienced investor
How would you react if the value of your portfolio suddenly dropped by 20%?
Select hereSwitch to more conservative investmentsWait for at least 3 months and
then re-evaluateMake a significant additional investment
Select here
Switch to more conservative investments
Wait for at least 3 months and then re-evaluate
Make a significant additional investment
SEE PRODUCT RECOMMENDATIONS
DISCOVER
AllInitial Offering PeriodFundamental AnalysisTechnical AnalysisKnowledge
CentreNews/Market Commentary
View All Discover
AllAllInitial Offering PeriodFundamental AnalysisTechnical AnalysisKnowledge
CentreNews/Market Commentary
All
All
Initial Offering Period
Fundamental Analysis
Technical Analysis
Knowledge Centre
News/Market Commentary
FUNDAMENTAL ANALYSIS
NOV 02, 2023
NETFLIX, INC. - Netflix is on a roll
Netflix is on a roll, having smashed 3Q23 expectations with its strategic paid
sharing initiative and scaling ad tier, creating a compelling case for investors
looking for robust growth in the digital media space.
Learn More
FUNDAMENTAL ANALYSIS
OCT 07, 2022
Yangzijiang Shipbuilding - Building visibility till mid-2025
YZJSB has secured US$3.2bn worth of new orders, comprising 10 bulk carriers and
12 LNG-dual-fuel containerships.
Learn More
FUNDAMENTAL ANALYSIS
AUG 23, 2022
Strategy - On track for growth
Outlook for Singapore market continues to be underpinned by a robust earnings
growth outlook. We retain our STI target of 3,475 by end-2022F.
Learn More
FUNDAMENTAL ANALYSIS
AUG 15, 2022
Yangzijiang Shipbuilding - Steady outlook
This is YZJ’s first results announcement after its debt investment business
(YZJFH SP: Add, TP S$0.74) was spun off in Apr 22.
Learn More
FUNDAMENTAL ANALYSIS
AUG 08, 2022
Venture Corporation Margins defended despite cost pressures
1H22 revenue/net profit was 8.5%/7.7% above our expectation. 1H22 revenue
increased 25.4% yoy as the global economy reopened.
Learn More
FUNDAMENTAL ANALYSIS
AUG 03, 2022
Sheng Siong Group: Another quarter of record GPM
2Q22 NP of S$32m (-8% yoy) above expectations; key surprise was record GPM of
30.2% (+1.2% pts yoy) led by continued sales mix improvement.
Learn More
FUNDAMENTAL ANALYSIS
JUL 25, 2022
DBS Group - 2Q22F: Normalising credit costs
We expect the stronger NIM expansion of c.10bp qoq in 2Q22F to offset the
weakness in fees (weighed down by risk-off sentiment in wealth mgmt).
Learn More
FUNDAMENTAL ANALYSIS
JUL 18, 2022
Raffles Medical Group - 1H22F preview: earnings transition
RFMD’s share price has fallen 18% YTD; we believe investors are wary of the
earnings gap left behind by Covid-19-related services in FY21.
Learn More
FUNDAMENTAL ANALYSIS
JUL 12, 2022
Yangzijiang Shipbuilding - Riding the LNG momentum
YZJ has secured orders for 4 units of 8,000 TEU LNG dual-fuel containerships
from PIL. We estimate that these are worth US$100m/vessel.
Learn More
FUNDAMENTAL ANALYSIS
JUL 04, 2022
Nanofilm Technologies Int'l Ltd - Reflecting 1H22F concerns
We think Covid-19 lockdowns in China in 1H22F led to a temporary spike in
operating costs; we are also concerned about demand slowdown.
Learn More
FUNDAMENTAL ANALYSIS
JUN 27, 2022
Sembcorp Industries - For watt it’s worth
With 6 months of strong visibility of merchant market power prices in India and
Singapore, we raise our profit expectations for conventional energy (CE).
Learn More
FUNDAMENTAL ANALYSIS
JUN 20, 2022
ISDN Holdings Ltd - Impacted by China’s Covid-19 lockdown
1Q22 revenue/net profit were 10.0% below our expectations as revenue was
impacted by the Covid-19 lockdowns in China.
Learn More
FUNDAMENTAL ANALYSIS
JUN 13, 2022
Boustead Projects Limited - Charting next leg of growth
Boustead Projects (BP) reversed from losses in FY21 to post a core net profit of
S$11.3m for FY22, above our expectations.
Learn More
FUNDAMENTAL ANALYSIS
JUN 07, 2022
ST Engineering - NDR takeaways: Growth and yield
We hosted STE’s management on an NDR in Europe. We think STE is in a sweet
growth spot, with tailwinds from smart spending and aviation recovery.
Learn More
FUNDAMENTAL ANALYSIS
MAY 31, 2022
Singapore Strategy - Navigating through murky waters
We advocate a near-term defensive position in REITs and high dividend yield
stocks. We remain upbeat on capital goods and construction laggards.
Learn More
KNOWLEDGE CENTRE
MAY 31, 2022
Stay Informed and In Control: How to Use Data to Become a Better Trader
A good online trading platform helps you make better trades by providing data
such as research reports, technical charts, and up-to-date stock market news.
Learn More
KNOWLEDGE CENTRE
MAY 28, 2022
No Time to Stare at Stock Market Screens? Use These 3 Online Trading Platform
Features to Stay Ahead of the Game
Trade smarter with an online trading platform that lets you screen and filter
for the stocks you want, while getting notified when they reach a price you
like!
Learn More
KNOWLEDGE CENTRE
MAY 27, 2022
Monitoring Is As Important As Investing. Learn to Track Your Trades Now!
Trade smarter and better with an online trading platform that keeps a record of
your past performance, so you can monitor your portfolio easily and efficiently!
Learn More
KNOWLEDGE CENTRE
MAY 27, 2022
Beginner’s Guide: 5 Steps to Start Investing in Singapore
Thinking of investing your first buck for your future? Here are five important
steps to start investing in Singapore as a beginner!
Learn More
KNOWLEDGE CENTRE
MAY 26, 2022
Beginner Trader? Follow These 3 Simple Steps to Invest, Trade, and Take Profit
To build your investment portfolio, you need to use an online trading platform.
Use this step-by-step guide for buying and selling stocks with CGS-CIMB iTrade.
Learn More
KNOWLEDGE CENTRE
MAY 25, 2022
Investing Newbie? Here’s How to Choose the Right Online Trading Platform in
Singapore.
Want to start investing? You’ll need an online trading account for that. Here's
a beginner’s guide for how to choose an online trading platform in Singapore.
Learn More
FUNDAMENTAL ANALYSIS
MAY 23, 2022
Thai Beverage - A year of recovery
2QFY9/22 net profit +20% yoy to THB8.1bn, above expectations. All four segments
showed yoy revenue growth, with Vietnam outperforming Thailand.
Learn More
FUNDAMENTAL ANALYSIS
MAY 17, 2022
ST Engineering-Defensive giant in trying times
ST Engineering-Defensive giant in trying times
Learn More
FUNDAMENTAL ANALYSIS
MAY 09, 2022
CapitaLand Integrated Commercial - 1Q22 performance in line
1Q22 revenue and NPI in line; the latter at 23.3% of our FY22 forecast
Learn More
FUNDAMENTAL ANALYSIS
MAY 05, 2022
Banks - Waiting on rate tailwinds to kick in
NIMs have inflected as S$ rates price in expedited Fed rate hikes. We factor in
7 Fed hikes in FY22F and expect c.31-47bp NIM expansion in FY22-24F.
Learn More
FUNDAMENTAL ANALYSIS
APR 26, 2022
Keppel Corporation - Strategy gradually bearing fruits
We see signs of KEP’s strategy bearing fruit with divestment of Keppel
Logistics, Keppel Infra decarbonisation solutions and asset monetisation.
Learn More
FUNDAMENTAL ANALYSIS
APR 19, 2022
AEM Holdings Ltd - On the March
We hosted AEM at our Virtual Tech & EV Conference on 7 Apr 2022.
Learn More
FUNDAMENTAL ANALYSIS
APR 13, 2022
Yangzijiang Shipbuilding - The wait is over
YZJ’s spin-off group is named YZJ Financial Holdings Ltd (YZJFH). EGM for the
approval of the spin-off will be held on 18 Apr 2022 at 4pm.
Learn More
NEWS/MARKET COMMENTARY
APR 13, 2022
Fund in Focus: BGF Global Long-Horizon Equity Fund
While the timing of the bounces in Developed Markets and Chinese equities appear
to be synchronised, there are in fact very different dynamics at work. Both also
bring different strategy implications.
Learn More
NEWS/MARKET COMMENTARY
APR 08, 2022
US Market Insights
Stocks extended the losses this week mainly due to the hawkish remarks from Fed
governor Brainard and the FOMC minutes.
Learn More
FUNDAMENTAL ANALYSIS
APR 05, 2022
Pan-United Corp Ltd - A Concrete Opportunity
PanU is the market leader in Singapore’s RMC industry with a 40% share. It is
well positioned to ride on the current multi-year construction upcycle.
Learn More
NEWS/MARKET COMMENTARY
MAR 31, 2022
US Market Insights
As the negotiation between Russia and Ukraine seemed to be going well, the
general equity markets recovered significantly over the past two weeks.
Learn More
FUNDAMENTAL ANALYSIS
MAR 29, 2022
Singapore Strategy - A decisive step towards reopening
The government has announced meaningful easing of social restrictions and
travel, as Singapore heads tow ards greater domestic and international
reopening.
Learn More
KNOWLEDGE CENTRE
MAR 25, 2022
Basic Stock Investing: Fundamental Analysis and Financial Ratios
Picking the right stocks is critical to any trader’s success. Here are five key
financial ratios to help you choose the best companies in your stock investing.
Learn More
FUNDAMENTAL ANALYSIS
MAR 21, 2022
Singapore Airlines - Near-term cargo yield upside
The Russia-Ukraine war and the Covid-19 lockdowns in China will likely raise
cargo yields in Mar 2022, after the seasonally-weak Lunar New Year period.
Learn More
NEWS/MARKET COMMENTARY
MAR 17, 2022
US Market Insights
There were some positive developments from the Russia-Ukraine conflict earlier
on Wednesday when Financial Times reported that both parties have made
significant progress on a tentative 15-point pace plan including ceasefire.
Learn More
FUNDAMENTAL ANALYSIS
MAR 14, 2022
Singapore Strategy - Balancing act
We advocate a risk-off approach in the near term by positioning in REITs (yield
and stability) but also watching for tactical entry for banks (for hikes).
Learn More
NEWS/MARKET COMMENTARY
MAR 11, 2022
US Market Insights
In the third round of diplomatic talk between Russia and Ukraine this week,
there seemed to be some positive change of tone from Ukraine after Russia said
that it would halt military operations if Ukraine agreed to recognize Russia's
sovereignty over Crimea, acknowledge the two breakaway territories and update
the Ukrainian constitution barring entry into NATO.
Learn More
FUNDAMENTAL ANALYSIS
MAR 07, 2022
Telco - Overall - Ringing louder and clearer
Singtel’s regional digital banking forays may add 29 Scts/share to its SOP
valuation over 3-4 years’ time. Asset recycling may raise another S$2bn-3bn.
Learn More
NEWS/MARKET COMMENTARY
MAR 04, 2022
US Market Insights
The markets began to stabilise this week after news of the second round of
diplomatic talks was confirmed and the ceasefire topic will be discussed.
Learn More
FUNDAMENTAL ANALYSIS
FEB 28, 2022
Sembcorp Marine - The worst is probably over
SMM reported a loss of S$523m for 2H21, vs. our forecast of S$625m but in line
with previous guidance. Gross loss narrowed 48% hoh to S$137m.
Learn More
NEWS/MARKET COMMENTARY
FEB 25, 2022
US Market Insights
The geopolitical tension continued to escalate this week after Putin declared
two breakaway regions in Ukraine as independent states and signed an order to
move in troops.
Learn More
FUNDAMENTAL ANALYSIS
FEB 21, 2022
Sasseur REIT - Well positioned for inorganic growth
4Q/FY21 DPU of 1.9/7.104 Scts was above expectations, at 28.4%/106% of our FY21F
forecast.
Learn More
NEWS/MARKET COMMENTARY
FEB 18, 2022
US Market Insights
The geopolitical risk between Russia and Ukraine is taking center stage for now
after the US warned about the possibility of Russia invading Ukraine last week.
Learn More
NEWS/MARKET COMMENTARY
FEB 15, 2022
Fund in Focus: BlackRock European Fund
The triple peaks in economic growth, earnings growth and policy stimulus will
likely result in lower returns for US equities in 2022, in our view.
Learn More
FUNDAMENTAL ANALYSIS
FEB 14, 2022
Starhub - Big core EPS drop in FY22F; revisit in 1H23
2H21 EBITDA grew 2.3% yoy (+4.6% hoh) on higher service revenue and margin. Core
EPS jumped 23.4% yoy (+15.4% hoh) as depreciation fell.
Learn More
NEWS/MARKET COMMENTARY
FEB 11, 2022
US Market Insights
The strong set of jobs report last week further validated the need for the Fed
to remain hawkish. January saw a positive surprise with the private sector
rising by 467,000 highlighting a robust jobs recovery despite the scare of the
omicron variant.
Learn More
FUNDAMENTAL ANALYSIS
FEB 07, 2022
Singapore Exchange - Steadying the ship
SGX reported 1HFY6/22 core net profit of S$222m (adjusted for one-off
remeasurement gain and w riteback consideration for BidFX, +7% hoh, -3% yoy).
Learn More
NEWS/MARKET COMMENTARY
FEB 03, 2022
Fund in Focus: Fidelity Global Financial Services Fund
The Fund aims to provide investors with long-term capital growth, principally
through investment in the equity securities of companies throughout the world
which are involved in providing financial services to consumers and industry.
Learn More
FUNDAMENTAL ANALYSIS
JAN 24, 2022
REIT - ESR REIT revises offer for ALOG
ESR REIT (EREIT) has revised the scheme consideration for the proposed merger
with ARA Logos Logistics Trust (ALOG) from S$0.95 per ALOG unit to S$0.97 per
unit, increasing the gross exchange ratio from 1.863x to 1.97x.
Learn More
FUNDAMENTAL ANALYSIS
JAN 24, 2022
AEM Holdings Ltd - The outlook has never been this positive
Intel has announced plans for an initial investment of more than US$20bn to
build two new leading-edge chip factories in Ohio, USA.
Learn More
NEWS/MARKET COMMENTARY
JAN 21, 2022
US Markets Insights
The equity markets remain highly volatile as the 10-year Treasury yield
continued to surge this week, hitting a new 52-week high at 1.90%.
Learn More
FUNDAMENTAL ANALYSIS
JAN 17, 2022
United Overseas Bank - A booster shot from Citigroup’s franchise
UOB announced that it w ill be acquiring Citigroup’s consumer businesses in
Indonesia, Malaysia, Thailand and Vietnam.
Learn More
NEWS/MARKET COMMENTARY
JAN 14, 2022
US Market Insights
Fed Chair Powell managed to calm the markets down this week by toning down the
hawkishness that was mentioned in the FOMC minutes released last week.
Learn More
FUNDAMENTAL ANALYSIS
JAN 11, 2022
AEM Holdings Ltd - Intel’s expansion plan bodes well for AEM
On 16 Dec 2021, Malaysia’s Ministry of International Trade and Industry
announced that Intel Corporation (INTC US, NR) will invest US$7.1bn to expand
its test and assembly operations in Malaysia.
Learn More
NEWS/MARKET COMMENTARY
JAN 07, 2022
Fund in Focus: BlackRock Continental European Flexible Fund
The triple peaks in economic growth, earnings growth and policy stimulus will
likely result in lower returns for US equities in 2022 in our view.
Learn More
NEWS/MARKET COMMENTARY
JAN 07, 2022
US Market Insights
The markets got spooked by the FOMC minutes this week as a more hawkish tone was
portrayed. Following the December FOMC, the Fed has announced plans to double
the pace of tapering where it is expected to be completed in March and signaled
three interest rate hikes this year.
Learn More
FUNDAMENTAL ANALYSIS
JAN 03, 2022
Banks - Modest growth in Nov 21
Banking system loans rose 0.7% mom in Nov 21, staging a rebound from the 0.4%
mom contraction in Oct 21.
Learn More
NEWS/MARKET COMMENTARY
DEC 28, 2021
Asia Pacific Strategy 1H22F Outlook – Late cycle rotations
We expect the US to underperform Europe and Japan in 2022 on earlier turning of
its policy cycle. EM will be dragged by low vaccination rates, high inflation,
and interest rate pressures, but Chinese equities should benefit from policy
easing. US Dollar decline could resume on negative real rates.
Learn More
FUNDAMENTAL ANALYSIS
DEC 13, 2021
SATS Ltd - Add a little bit of Twyst
The launch of Twyst as a casual dining pasta restaurant is the first of its kind
for SATS’s food solutions segment, which consists of inflight and institutional
catering, food processing, distribution and airline laundry services.
Learn More
NEWS/MARKET COMMENTARY
DEC 12, 2021
Fund in Focus: Pimco GIS Global Real Return Fund
While the “Omicron” Covid-19 variant is a short-term disruptor, it’s not a
gamechanger for the equities bull market.
Learn More
NEWS/MARKET COMMENTARY
DEC 10, 2021
US Market Insights
As more data is analyzed, the market seems to agree that the Omicron variant is
not as severe as expected from the initial findings two weeks back.
Learn More
FUNDAMENTAL ANALYSIS
DEC 06, 2021
CapitaLand Integrated Commercial - Foray into Australia
CICT has announced the acquisition of two office properties in Australia,
marking its first foray into the country.
Learn More
NEWS/MARKET COMMENTARY
DEC 03, 2021
US Market Insights
The equity market was hit by a double whammy this week resulting in a selloff
which could be the start of a correction phase.
Learn More
FUNDAMENTAL ANALYSIS
NOV 29, 2021
Thai Beverage - Cheers to a better year ahead
THBEV’s 2H21 core net profit fell 6% yoy to THB10.2bn, mainly due to weaker
alcohol sales due to strict Covid restrictions in both Thailand and Vietnam over
the past quarter.
Learn More
FUNDAMENTAL ANALYSIS
NOV 22, 2021
HRnetGroup Limited - HRnet NDR highlights
Management highlighted that the group is seeing good momentum for its flexible
staffing segment, with both volumes and bill rates looking strong presently.
Learn More
NEWS/MARKET COMMENTARY
NOV 17, 2021
Fund in Focus: BlackRock ESG Multi-Asset Fund
As we move towards the end of monetary accommodation, our focus is on which
markets offer the best valuation buffers against the likely rises in interest
rates and the risk-free rate.
Learn More
FUNDAMENTAL ANALYSIS
NOV 15, 2021
Dairy Farm Int'l - Light at the end of the tunnel?
In its latest business update, Dairy Farm (DFI) shared that overall results for
3Q21 were lower yoy, due to continued significant impact from the Covid-19
pandemic and losses by key associate Yonghui (601933 CH, Hold, TP: Rmb 4).
Learn More
NEWS/MARKET COMMENTARY
NOV 12, 2021
US Market Insights
The Fed announced the start of the tapering of the balance sheet last week as
expected where the bond purchases will be reduced by $15 billion per month. In
other words, November will see the balance sheet increasing $105 billion instead
of $120 billion and the tapering is expected to end in June 2022.
Learn More
FUNDAMENTAL ANALYSIS
NOV 08, 2021
SIA Engineering - Up, up and away
SIE recorded 1H22 net profit of S$25m (+225% hoh), above our expectations and
forming 79%/60% of our/consensus FY22F forecast.
Learn More
FUNDAMENTAL ANALYSIS
NOV 01, 2021
REIT - Hospitality: Stabilising on a qoq basis
CDLHT’s 9MFY21 NPI increased c.28% yoy to S$57.5m (77% of our forecast).
Learn More
KNOWLEDGE CENTRE
OCT 29, 2021
The Informed Investor: Technical Analysis for Investing With BC Low, President &
Principal Consultant, Technical Analysis Consultancy
Learn More
NEWS/MARKET COMMENTARY
OCT 29, 2021
US Market Insights
There was a sigh of relief this week as the consumer sentiment showed some
rebound in October. The CB Consumer Confidence Index rose in October to 113.8,
following the past three months of decline.
Learn More
FUNDAMENTAL ANALYSIS
OCT 25, 2021
CapitaLand Integrated Commercial - A Subdued Quarter
CapitaLand Integrated Commercial (CICT) reported 3Q21 gross revenue/NPI of
S$329m/242.6m, in line, at 24.5%/25% of our FY21F forecasts.
Learn More
NEWS/MARKET COMMENTARY
OCT 22, 2021
US Market Insights
The US equities continued to rally this week on the back of strong corporate
earnings so far even as the Federal Reserve is expected to announce the tapering
of the balance sheet in November.
Learn More
KNOWLEDGE CENTRE
OCT 20, 2021
S-REITs: Overview & Deep Dive Into Retail Singapore REITs With Unique Assets
Learn More
FUNDAMENTAL ANALYSIS
OCT 18, 2021
Property Devt & Invt - A Quieter Sep
Sep 21 monthly home sales came in at 1,296 units, thanks to the launch of Parc
Greenwich Executive Condominium (ECs).
Learn More
NEWS/MARKET COMMENTARY
OCT 15, 2021
US Market Insights
The US labor market disappoints for the second month in a row as jobs only
increased 194,000 in September as compared to the expectation of 500,000. This
will likely prevent the Fed from tightening too quickly. Even though the market
greatly agrees on the start of the tapering to happen in November or December,
the latest labor market data could push back the rate hike cycle timeline to
beyond 2023.
Learn More
NEWS/MARKET COMMENTARY
OCT 12, 2021
Fund in Focus: Allianz Oriental Income Fund
As we move towards the end of monetary accommodation, our focus is on which
markets offer the best valuation buffers against the likely rises in interest
rates and the risk free rate.
...
Learn More
FUNDAMENTAL ANALYSIS
OCT 11, 2021
Q&M Dental Group - PCR waning, ART shining
As announced by the Ministry of Health (MOH) on 9 Oct 2021, Covid-19 testing
protocols have been streamlined for simplicity.
Learn More
KNOWLEDGE CENTRE
OCT 08, 2021
ETF Investing in Singapore for Millennials: 3 Reasons Starting Early Gives You
An Edge With Loh Li Ren and Kang Wei Chin of SGX
Learn More
NEWS/MARKET COMMENTARY
OCT 08, 2021
US Market Insights
With the news that a short-term increase in the debt limit is set to pass as
early as this week, the equity market saw a reversal in the bearish sentiment
that was plaguing the markets over the past few weeks. Under the proposed
agreement, the debt limit will be waived until December, effectively delaying
the near-term risk of a default by the U.S. Government.
Learn More
FUNDAMENTAL ANALYSIS
OCT 04, 2021
ST Engineering - Acquiring cash generative tolling solutions
TransCore Partners, LLC and TLP Holdings, LLC are indirect wholly-owned
subsidiaries of Roper Technologies, Inc. (Roper).
Learn More
KNOWLEDGE CENTRE
OCT 04, 2021
Time Frame Technique For Long-Term Investment - Part 5
Learn More
KNOWLEDGE CENTRE
OCT 04, 2021
China’s Tech Stock Sell-Off: Capitalising on Short Term Volatility With Tim
Phillips of ProsperUs Asia and Marcus Ng of Société Générale Singapore
Learn More
KNOWLEDGE CENTRE
OCT 04, 2021
CGS-CIMB People - Sock Yii, Strategy and Analytics
Learn More
KNOWLEDGE CENTRE
OCT 04, 2021
Is Value Investing Dead? Dive Deep Into the Value Approach to Investing with Tee
Leng Goh, Portfolio Manager, Value-Based Investment Fund
Learn More
NEWS/MARKET COMMENTARY
OCT 01, 2021
US Market Insights
With the rising uncertainty from the US debt ceiling, tax legislation and
tapering of the balance sheet in November or December, the general equity
markets saw quite a negative reaction over the past three weeks.
Learn More
FUNDAMENTAL ANALYSIS
SEP 27, 2021
SingTel - Bharti rights should not over-burden Singtel
Singtel has announced that it intends to fully subscribe to its entitlement (14%
direct stake) for associate Bharti's 1-for-14 rights issue at Rs535/share for a
total consideration of up to Rs29.4bn (S$539m), over up to three years.
Learn More
KNOWLEDGE CENTRE
SEP 27, 2021
Superinvestors: What are they selling, buying, and holding?
Learn More
KNOWLEDGE CENTRE
SEP 26, 2021
Market Moves 2021: Investing Takeaways Amidst Vaccination & COVID-19 With Geoff
Howie, Market Strategist, Singapore Exchange
Learn More
FUNDAMENTAL ANALYSIS
SEP 20, 2021
Keppel Corporation - Green spark
Keppel Electric (KEP), a subsidiary of KI, has signed an exclusive framework
agreement with Electricite Du Laos (EDL) as part of the Lao PDR-
Thailand-MalaysiaSingapore Power Integration Project (LTMS-PIP).
Learn More
KNOWLEDGE CENTRE
SEP 20, 2021
Integrating Technical Analysis - Part 4
Learn More
FUNDAMENTAL ANALYSIS
SEP 10, 2021
Delfi Ltd - Sweet Delight
According to Euromonitor, Delfi commands c.40% of Indonesia’s chocolate
confectionery market based on retail value in 2020. Its flagship brand,
SilverQueen, is also the leading brand in the nation. Indonesia is a key driver
to Delfi’s profitability, generating c.70% of its sales and more than c.90% of
its EBITDA over the past five years (FY15-20). Despite Covid-19, Delfi’s sales
recovered from the trough of US$70.5m in 2Q20 to a normalised level of US$119.4m
in 1Q21. Given Delfi’s established presence in Indonesia, we expect sales
momentum to grow beyond pre-Covid-19 levels by FY22F, supporting EPS growth of
15%/16%/4% for FY21F/FY22F/FY23F.
Learn More
KNOWLEDGE CENTRE
SEP 10, 2021
Thematic ETFs: The Pros & Cons by Tolmas Wong & Adrian Chew
Learn More
NEWS/MARKET COMMENTARY
SEP 10, 2021
Fund in Focus: First Sentier Bridge Fund
As we move towards the end of monetary accommodation, our focus is on which
markets offer the best valuation buffers against the likely rises in interest
rates and the risk-free rate.
Learn More
FUNDAMENTAL ANALYSIS
SEP 06, 2021
Yangzijiang Shipbuilding: Captain of the ship
YZJ announced that the letter of intent (LOI) for 5 additional units of
dual-fuel 7,000TEU containerships (with US$500m) has been declared effective.
Learn More
KNOWLEDGE CENTRE
SEP 06, 2021
Prices – Buy & Sell Levels - Part 3
Learn More
KNOWLEDGE CENTRE
SEP 06, 2021
CGS-CIMB People - Charon Ong, Retail Financial Services
Learn More
NEWS/MARKET COMMENTARY
SEP 03, 2021
US Market Insights
After a rather dovish Jackson Hole Symposium last week as the Fed Chairman,
Powell pretty much mentioned nothing new except for stating that the tapering of
the balance sheet is expected to happen by end of the year, the market will be
watching the labor market data tonight closely for further clues on the health
of the labor market.
Learn More
NEWS/MARKET COMMENTARY
SEP 03, 2021
Equities Allocation - Focus on Valuation Buffers
As we move towards the end of monetary accommodation, our focus is on which
markets offer the best valuation buffers against the likely rises in interest
rates and the risk-free rate. And a simple and focused proxy is the yield gap
between the index earnings yield minus the 10-year government bond yield.
Learn More
KNOWLEDGE CENTRE
SEP 01, 2021
Are Stop-Losses Necessary?
Learn More
KNOWLEDGE CENTRE
SEP 01, 2021
5 Top Metrics To Identify Winning Cloud Stocks by Tim Phillips, Head of Content,
ProsperUs Asia by CGS-CIMB Securities
Learn More
FUNDAMENTAL ANALYSIS
AUG 30, 2021
Hong Leong Asia: Acquiring 20% stake in BRC Asia
Post a combination of new share placement and married deals with 5 other
existing shareholders, Hong Leong Asia (HLA) will hold a 20% stake (3.6% stake
previously) in BRC Asia (BRC SP, Add, TP: S$1.90), becoming its 2 nd largest
shareholder.
Learn More
KNOWLEDGE CENTRE
AUG 30, 2021
Winner's Strategy: The Mindset of Successful Investors by Kon How Wong, Founder
& Investment Strategist of Weipedia Private Limited
Learn More
KNOWLEDGE CENTRE
AUG 30, 2021
Investing for Beginners: A 3-Point Checklist for Investing in Biotech Stocks
Learn More
KNOWLEDGE CENTRE
AUG 30, 2021
Answers to Your 4 Most Common Questions About Mutual Funds
Learn More
NEWS/MARKET COMMENTARY
AUG 27, 2021
US Market Insights
All eyes will be on the Jackson Hole symposium tonight where the market will
look for hints on the tapering timeline. If Powell turns out more dovish than
expected, the equity market will likely see a surge higher, breaking into new
record highs.
Learn More
FUNDAMENTAL ANALYSIS
AUG 24, 2021
Genting Singapore: Yokohama IR plans fall through
On 22 August 2021, Dr. Takeharu Yamanaka, who ran on an anti-IR platform for his
campaign, won Yokohama’s mayoral elections.
Learn More
KNOWLEDGE CENTRE
AUG 23, 2021
Achieving Better Trading Results With Proper Money Management Techniques by Jake
Chow, Portfolio Manager, CGS-CIMB Securities Singapore
Learn More
KNOWLEDGE CENTRE
AUG 19, 2021
Entry & Exit Timing - Part 2
Learn More
FUNDAMENTAL ANALYSIS
AUG 17, 2021
Q&M Dental Group: Give me a share of that
On 16 Aug 2021, Q&M’s c.44%-owned associate Aoxin (Non rated, S$0.18) proposed
to acquire a 49% stake in Acumen Diagnostics, Q&M’s 51%-owned testing services
subsidiary.
Learn More
KNOWLEDGE CENTRE
AUG 16, 2021
Key Asset Classes to Invest in Given the Current Environment With Kon How Wong,
Founder & Investment Strategist, Weipedia Pte Ltd
Learn More
NEWS/MARKET COMMENTARY
AUG 16, 2021
Fund in Focus: Sustainable Global Thematic Portfolio
We downgrade equities from Overweight to Neutral to reflect the rising risks,
but the bull market is not likely to be over just yet, in our view.
Learn More
NEWS/MARKET COMMENTARY
AUG 13, 2021
US Market Insights
Inflation rose at a slower than expected pace in July easing some fears of
tapering too soon following the strong beat in labor market data reported last
Friday.
Learn More
KNOWLEDGE CENTRE
AUG 12, 2021
How to Analyse ETFS
Learn More
KNOWLEDGE CENTRE
AUG 11, 2021
Decoding US Stock Market Patterns With Technical Analysis
Learn More
FUNDAMENTAL ANALYSIS
AUG 09, 2021
Singapore Post Ltd: Another proxy for border reopening theme
SPOST reported an operating profit of S$21m for 1QFY22 (4QFY21: S$6m, 1QFY21:
S$21m), forming 20%/21% of our/consensus’ FY22F.
Learn More
KNOWLEDGE CENTRE
AUG 06, 2021
Introduction to Technical Analysis and Defining Trend - Part 1
Learn More
NEWS/MARKET COMMENTARY
AUG 06, 2021
US Market Insights
Fed Vice Chair Clarida surprised the market with a rather hawkish stance this
week stating that he certainly expects the tapering of the balance sheet to be
announced later this year.
Learn More
KNOWLEDGE CENTRE
AUG 04, 2021
Top Mutual Funds Just for You — Introducing FundsPrimo by CGS-CIMB Securities
Learn More
FUNDAMENTAL ANALYSIS
JUL 30, 2021
Singapore Airlines: Lowest quarterly EBIT loss since pandemic
SIA’s core net loss of S$430m for 1QFY3/22 was sharply narrower than the S$1bn
loss for 1QFY21, as cumulative ineffective fuel hedging losses of S$462m were
transferred from balance sheet equity into the P&L during 1QFY21, to reflect the
fact that SIA had over-hedged relative to its actual fuel requirements.
Learn More
KNOWLEDGE CENTRE
JUL 30, 2021
Key US Stocks to Watch With Jay Gragnani, Head of Research and Client
Engagement, Nasdaq Dorsey Wright and Bertram Lai, Global Head of Research and
ESG, CGS-CIMB Securities
Learn More
NEWS/MARKET COMMENTARY
JUL 30, 2021
US Market Insights
In the latest July FOMC statement, the Fed has reaffirmed a patient and dovish
stance despite saying that the economy has made progress toward goals laid out
to taper.
Learn More
KNOWLEDGE CENTRE
JUL 26, 2021
Cloud Computing and Solar Energy: Why You Should Not Ignore These Two Megatrends
in Your Investing
Learn More
KNOWLEDGE CENTRE
JUL 24, 2021
Can We Time the Market?
Learn More
FUNDAMENTAL ANALYSIS
JUL 23, 2021
Frasers Centrepoint Trust: Suburban malls showing resilience
FCT’s 3QFY9/21 portfolio occupancy improved 0.3% pts qoq to 96.1%. Malls which
saw notable movements in occupancy were Tampines 1 (+7.3% pts qoq to 99.2%) and
Century Square (-4.8% pts qoq to 91.6%).
Learn More
KNOWLEDGE CENTRE
JUL 23, 2021
Make New Friends But Keep the Old
Learn More
KNOWLEDGE CENTRE
JUL 23, 2021
Building a Dividend Portfolio From an Individual and Family Office Perspective
Learn More
NEWS/MARKET COMMENTARY
JUL 23, 2021
US Market Insights
Despite seeing a gradual rise in the infection curve in the US over the past
three weeks due to the Delta variant, with new daily cases rising from 20,000 on
1 July to 61,000 on 22 July, the equity market seems to be shrugging off the
near-term uncertainty.
Learn More
NEWS/MARKET COMMENTARY
JUL 16, 2021
US Market Insights
Inflation was the talk of the town this week as the headline Consumer Price
Index YoY rose to 5.4% in June, the biggest monthly jump since August 2008. This
is also the third consecutive month where the inflation data came in hotter than
expected.
Learn More
FUNDAMENTAL ANALYSIS
JUL 15, 2021
Parkway Life REIT: A win-win strategic collaboration
PREIT announced it has entered into new master lease agreements (MLAs) and a
Renewal Capex Agreement with IHH Healthcare Bhd (IHH), the master lessee for its
three Singapore hospitals.
Learn More
KNOWLEDGE CENTRE
JUL 15, 2021
CFD Trading in Singapore - Then, Now, Next: An Interview with Michael Oxlade,
Regional Head of CFDs at CGS-CIMB Securities
Learn More
KNOWLEDGE CENTRE
JUL 14, 2021
What to Expect in the U.S. Market for the Second Half of 2021 by Jay Gragnani,
Head of Research and Client Engagement of Nasdaq Dorsey Wright
Learn More
NEWS/MARKET COMMENTARY
JUL 09, 2021
US Market Insights
The minutes from the June FOMC meeting released this week provided reassurance
for an accommodative Fed, to remain patient until the tapering conditions are
met.
Learn More
KNOWLEDGE CENTRE
JUL 08, 2021
US Focus: Macro Economy & Retail Investors by Phil Mackintosh, Chief Economist
of Nasdaq
Learn More
FUNDAMENTAL ANALYSIS
JUL 03, 2021
ST Engineering - Big and agile
STE Commercial Aerospace’s production of engine nacelle (US subsidiary, MRAS)
and floor paneling (German subsidiary, EFW) is set to recover as Airbus
gradually ramps up monthly production of A320 aircraft. In May, Airbus guided
its global suppliers that the group targets to increase A320 aircraft production
to 45/month by 4Q21F (from current 40/month) and 64/month by 2Q23F. This is
higher than 55/month in Feb 2020 during early stages of Covid-19. Airbus is also
asking suppliers to prepare for a scenario of 70/month by 1Q24F and potentially
75/month by 2025F (pre-Covid-19 target was 60/month in 2019).
Learn More
NEWS/MARKET COMMENTARY
JUL 02, 2021
US Market Insights
The economic recovery in the US remains sturdy as highlighted by the latest
Consumer Confidence data. The Conference Board Consumer Confidence Index
improved further in June to 127.3, a new 16-month high.
Learn More
NEWS/MARKET COMMENTARY
JUL 01, 2021
Fund in Focus: Allianz China A-Shares
We downgrade equities from Overweight to Neutral to reflect the rising risks,
but the bull market is not likely to be over just yet, in our view.
Learn More
FUNDAMENTAL ANALYSIS
JUN 28, 2021
Divesting partial stakes in RC developments for CapitaLand
CAPL announced that it has entered into conditional agreements to divest partial
stakes in six Raffles City (RC) developments in China to Ping An Insurance
Company of China Ltd (Ping An).
Learn More
KNOWLEDGE CENTRE
JUN 27, 2021
For Foreign Investors: Opening a Trading Account on CGS-CIMB
Learn More
KNOWLEDGE CENTRE
JUN 26, 2021
Using Singpass: Opening a Trading Account on CGS-CIMB
Learn More
KNOWLEDGE CENTRE
JUN 25, 2021
How to choose an online trading account
Learn More
NEWS/MARKET COMMENTARY
JUN 25, 2021
US Market Insights
The general market remains rather buoyant this week as several Fed officials
reiterated the rate hike is not a cause for concern in the near term and that
the Fed is still not ready to discuss the tapering of the balance sheet just
yet.
Learn More
FUNDAMENTAL ANALYSIS
JUN 18, 2021
Kimly Group - Delightful flavours
Kimly is one of the largest coffee shop operators in Singapore with 72 coffee
shops as at end-Sep 20. We forecast a 2-year core EPS CAGR of 47% in FY20-22F on
the back of tailwinds from continued work-from-home (WFH) initiatives, increased
popularity of food delivery services and earnings contribution from new
acquisition, Tenderfresh.
Learn More
NEWS/MARKET COMMENTARY
JUN 18, 2021
US Market Insights
Following the FOMC meeting on Wednesday, the Fed signaled as much as two rate
hikes in 2023 according to the Dot-Plot projections.
Learn More
FUNDAMENTAL ANALYSIS
JUN 12, 2021
Digital edge for Singapore Exchange
SGX’s multi-year journey of building a multi-asset platform is coming together,
with management piecing together its strategic moves during its analyst day
presentation. SGX aims to leverage on cyclical trends (such as the low interest
rate environment as investors yield hunt) and inflationary concerns (increased
market volatility) to support its multi-asset strategy, while leaning into
secular trends, such as a rising focus on ESG investing (offering risk
management products), a growing demand for digitalisation in OTC FX and fixed
income (building an integrated FX marketplace across futures/OTC with BidFX and
a digital end-to-end fixed income issuance and trading platform via MarketNode
and Trumid XT), and growth in passive investing (via Scientific Beta, SB).
Learn More
NEWS/MARKET COMMENTARY
JUN 11, 2021
US Market Insights
With another disappointing US Jobs report in May, marking the second consecutive
month of weaker than expected nonfarm payroll, the weakness continues to justify
for a patient Fed with a wait and see approach. May added 559,000 jobs, below
the market consensus of 645,000.
Learn More
FUNDAMENTAL ANALYSIS
JUN 08, 2021
Kris-talised for Keppel Corporation
KEP is now implementing detailed recovery plans to preserve KrisEnergy’s assets
and to maximise recoveries. Once appointed, the receivers (Borrelli Walsh) will
pursue all necessary action to maximise recoveries for the benefit of KEP.
Learn More
NEWS/MARKET COMMENTARY
JUN 04, 2021
US Market Insights
After a disappointing print in April with Manufacturing PMI missing
expectations, May proved that the general economic recovery remains on track.
The latest Manufacturing PMI came in at 61.2, an increase of 0.5 percentage
points from April, beating expectations. Notably, this marks the 12 consecutive
month of growth following the recovery from the Covid-19 shut down last year.
Learn More
KNOWLEDGE CENTRE
JUN 02, 2021
Bertram Lai on Impact Investing in Asia: How ESG is Helping CGS-CIMB Securities
Lean into Sustainability
Learn More
NEWS/MARKET COMMENTARY
JUN 01, 2021
Inflation Strategies - Hedge and Discriminate
Inflation is headed higher, led by US monetary expansion, in our view. We
recommend to hedge with hard assets — gold, commodities, real estate.
Learn More
FUNDAMENTAL ANALYSIS
MAY 31, 2021
Not out of the woods yet for Valuetronics Holdings Ltd
We keep our Reduce call on VALUE against the backdrop of a challenging operating
environment in FY22F. We roll over our valuation to FY23F and our TP falls to
S$0.50, now pegged to c.10x P/E (3-year historical average).
Learn More
FUNDAMENTAL ANALYSIS
MAY 27, 2021
Pressing to see where it hurts for Thai Banks
This report discusses Thai banks net profit sensitivity to accrued interest and
portfolio deterioration; we highlight that current risk levels are manageable.
Learn More
FUNDAMENTAL ANALYSIS
MAY 27, 2021
Thai Banks: Pressing to see where it hurts
This report discusses Thai banks net profit sensitivity to accrued interest and
portfolio deterioration; we highlight that current risk levels are manageable.
Learn More
FUNDAMENTAL ANALYSIS
MAY 21, 2021
Triputra Agro Persada is Ripe for Growth
Triputra Agro Persada Tbk (TAPG) is currently the second-largest listed palm oil
player by market cap and third-largest by planted estates area on IDX
Learn More
NEWS/MARKET COMMENTARY
MAY 21, 2021
US Market Insights
In the recent FOMC minutes that was released on Wednesday, the taper talk
resurfaced once again. “A number of participants suggested that if the economy
continued to make rapid progress toward the committee’s goals, it might be
appropriate at some point in the upcoming meetings to begin discussing a plan
for adjusting the pace of asset purchases”.
Learn More
FUNDAMENTAL ANALYSIS
MAY 11, 2021
SEA Ltd: Kick-off for FY21F
We project a solid set of 1Q21F results, with adjusted revenue of US$2.1bn
(+131% yoy) and positive EBITDA of US$185m.
Learn More
FUNDAMENTAL ANALYSIS
MAY 10, 2021
AIA Group: SEA making a comeback
While we see China as mainly driving 1Q21F VONB growth, we see growth drivers
switching to South East Asia (SEA) in 2Q21F via higher margins.
Learn More
NEWS/MARKET COMMENTARY
MAY 07, 2021
US Market Insights
The market got spooked by the comment made by Treasury Secretary earlier in the
week, where she mentioned that interest rates may have to rise to stop the
economy from overheating.
Learn More
NEWS/MARKET COMMENTARY
APR 30, 2021
US Market Insights
Not much has changed in the latest FOMC meeting in April as the Fed kept the
benchmark interest rates at 0.25% and maintain the $120 billion per month bond
buying program. The market’s reaction was rather muted as well as the Fed
reiterates the accommodative stance, not considering tapering of the
quantitative easing program and interest rates hike any time soon.
Learn More
FUNDAMENTAL ANALYSIS
APR 23, 2021
Rising in strength for iFAST Corporation Ltd
iFAST posted 1Q21 net profit of S$8.8m (+29% qoq, +143% yoy). This was 23%/5%
above our/consensus full-year estimate; net revenue beat our estimate by 11% on
the back of robust B2C trading volumes.
Learn More
KNOWLEDGE CENTRE
APR 23, 2021
The American Dream: 3 Reasons to Start Investing in the U.S Market
Learn More
NEWS/MARKET COMMENTARY
APR 23, 2021
US Market Insights
There seems to be an increase in volatility over the past couple of days as the
general equity market lingers near the record high levels. With the resurgence
in Covid-19 cases and possibly a more contagious “double mutant” strain from
India, the increasing uncertainty could kickstart a period of weakness and
correction in the equity market.
Learn More
KNOWLEDGE CENTRE
APR 22, 2021
Growth vs Value Investing: The Difference Between Growth Stocks and Value Stocks
Learn More
KNOWLEDGE CENTRE
APR 22, 2021
5 minutes with Alex Leong | CGS-CIMB People
Learn More
KNOWLEDGE CENTRE
APR 20, 2021
Understanding and Investing in Stocks: A Beginner's Guide
Learn More
KNOWLEDGE CENTRE
APR 16, 2021
Is CFD trading worth a try? Learn the pros and cons now.
Learn More
KNOWLEDGE CENTRE
APR 16, 2021
CFD Trading for Beginners: 3 Things You Need to Know About Trading CFDs
Learn More
KNOWLEDGE CENTRE
APR 16, 2021
Leverage your way into the stock market with CFDs
Learn More
NEWS/MARKET COMMENTARY
APR 16, 2021
US Market Insight
The subject on tapering reappeared this week again following an interview with
Fed member James Bullard where he mentioned that the Fed can consider tapering
the bond purchases when the US population achieves 75% vaccination.
Learn More
KNOWLEDGE CENTRE
APR 14, 2021
Investing in Your 20s: a Beginner’s Guide
Learn More
NEWS/MARKET COMMENTARY
APR 09, 2021
US Market insights
Looking at the recent release of the economic data continues to paint a healthy
recovery. Notably, the ISM Service PMI rose to a new 15 year high at 63.7 in
March, marking the 10 consecutive month of expansion, further validating the
strong resilient economic growth. Adding to the optimism, the labor market data
reported last week was surprisingly strong as well. The unemployment rate
continued to fall to 6% in March from the Covid-19 high of 14.7%. March also saw
916,000 jobs added, greatly exceeding the median estimate of 660,000. All in,
with the recently announced $2.25 trillion infrastructure bill and further
reopening of the economy, expect the recovery to accelerate. Any pullbacks in
the market present a better buying opportunity.
Learn More
NEWS/MARKET COMMENTARY
APR 01, 2021
Us Market Insights
The vaccine drive in the US appears to be winning as the original goal of 100
million shots administered was achieved on day 58 of the Biden administration
and President Biden has doubled the goal to 200 million shots by end of April.
Learn More
NEWS/MARKET COMMENTARY
MAR 26, 2021
US Market Insights
Over the week, Fed Chairman, Powell continued to reassure the market that there
will not be any interest rate hike any time soon until the inflation and
employment goals are met. Despite the 10 year yield rising to a high of 1.75%,
pricing in a higher inflation expectation, Powell reiterated that the upward
pressure on inflation will be temporary.
Learn More
NEWS/MARKET COMMENTARY
MAR 19, 2021
US Market Insights
Following the FOMC meeting on Wednesday, the market had a wild ride as the
10-Year Treasury Yield initially stabilized before breaking higher again on
Thursday to a new 14-month high at 1.75%. As a result, the tech-heavy Nasdaq 100
index fell -2.8% on Thursday.
Learn More
NEWS/MARKET COMMENTARY
MAR 12, 2021
US Market Insights
The House finally passed the much anticipated $1.9 trillion stimulus package on
Wednesday and President Biden has also signed the bill into law.
Learn More
NEWS/MARKET COMMENTARY
MAR 11, 2021
Asia Pacific Strategy: Signposts for the bull market
Aggressive monetary expansion will cause more speculative bubbles to emerge
periodically in specific stocks
...
Learn More
KNOWLEDGE CENTRE
MAR 08, 2021
Company Snapshot: Japfa Ltd
Learn More
KNOWLEDGE CENTRE
MAR 05, 2021
Hong Kong Market Outlook + Warrants: Your next trading idea?
Learn More
NEWS/MARKET COMMENTARY
MAR 05, 2021
US Market Insights
The rising bond yield is stoking some fear once again in the equity market
especially in the tech-heavy Nasdaq 100 index. The US 10 Year Treasury Yield
rose back above the 1.50% critical level on Thursday, hitting a high of 1.57%
following the underwhelming appearance by Fed Chairman Powell.
Learn More
NEWS/MARKET COMMENTARY
FEB 26, 2021
US Market Insights
Despite seeing some correction happening this week, mainly in the S&P 500 and
Nasdaq 100 index due to concerns of the rising 10-year Treasury yield, Federal
Reserve Chairman stepped in to reassure the markets that there will be no rate
hikes or taper talks anytime soon.
Learn More
NEWS/MARKET COMMENTARY
FEB 19, 2021
US Market Insights
The breakout higher in the 10 year Treasury Yield was the main highlight this
week. More importantly, rising yield did not spook the bullish momentum in the
equity market suggests the current level of the yield at 1.30% is still
manageable.
Learn More
KNOWLEDGE CENTRE
JAN 19, 2021
Astrea Investor Day 2021
Learn More
KNOWLEDGE CENTRE
NOV 20, 2020
Where are we along this economic recovery and where are the opportunities?
Learn More
NEWS/MARKET COMMENTARY
NOV 13, 2020
US Market Insights
Having broken new record highs this week in the Dow Jones Industrial Average and
the S&P 500 index on the back of the positive vaccine news from Pfizer, the
stalling in the bullish momentum appears concerning especially when the S&P 500
index has fallen back below the levels last seen before the positive vaccine
news was reported.
Learn More
NEWS/MARKET COMMENTARY
NOV 06, 2020
US Market Insights
All eyes remain focused on the US presidential election as we await the final
results from the remaining 5 states. Current results still show a high
probability of Biden winning the election, 1 state away from victory.
Learn More
FUNDAMENTAL ANALYSIS
OCT 29, 2020
Starhill Global REIT
Learn More
FUNDAMENTAL ANALYSIS
OCT 27, 2020
Ascendas REIT
Learn More
FUNDAMENTAL ANALYSIS
OCT 22, 2020
Banks
Learn More
NEWS/MARKET COMMENTARY
OCT 16, 2020
US Market Insights
With another week gone, the probability of passing a skinny or narrow fiscal
bill decreases as we approach closer to the US election on 3 November.
Learn More
FUNDAMENTAL ANALYSIS
OCT 14, 2020
Asia Pacific Strategy
Learn More
FUNDAMENTAL ANALYSIS
OCT 13, 2020
Japfa Ltd
Learn More
NEWS/MARKET COMMENTARY
OCT 09, 2020
US Market Insights
The Covid-19 infection curve is steepening once again as the new daily infection
cases spiked to new record high at 348,774 on 8 October.
Learn More
TECHNICAL ANALYSIS
OCT 06, 2020
Wilmar International (SGX: F34)
Learn More
NEWS/MARKET COMMENTARY
OCT 02, 2020
US Market Insights
The S&P 500 Index closed -3.9% lower in September, ending the 5-month winning
streak since April.
Learn More
NEWS/MARKET COMMENTARY
SEP 30, 2020
Navigating Thailand - Technology Components
Learn More
FUNDAMENTAL ANALYSIS
SEP 29, 2020
Frasers Centrepoint Trust
Learn More
NEWS/MARKET COMMENTARY
SEP 25, 2020
US Market Insights
Adding more to the FOMC meeting, multiple Fed members have spoken this week,
calling on for more fiscal support to bolster the economy.
Learn More
FUNDAMENTAL ANALYSIS
SEP 24, 2020
Singapore Strategy
Learn More
FUNDAMENTAL ANALYSIS
SEP 22, 2020
ISDN Holdings Ltd
Learn More
KNOWLEDGE CENTRE
SEP 18, 2020
Profit from both bull and bear markets using CFD
Learn More
KNOWLEDGE CENTRE
SEP 18, 2020
Start trading with a smaller capital outlay
Learn More
NEWS/MARKET COMMENTARY
SEP 18, 2020
US Market Insights
In the September FOMC meeting, the Fed shared further clarity on the rough
timeline on the possibility of seeing the start of a new rate hike.
Learn More
FUNDAMENTAL ANALYSIS
SEP 16, 2020
Property Devt & Invt
Learn More
FUNDAMENTAL ANALYSIS
SEP 15, 2020
Singapore Exchange
Learn More
TECHNICAL ANALYSIS
SEP 10, 2020
China Conch Venture Holdings
Breaking out from consolidation
Learn More
FUNDAMENTAL ANALYSIS
SEP 09, 2020
Hundsun Technologies-A
Learn More
KNOWLEDGE CENTRE
SEP 08, 2020
Dominance of the Virtual World
Learn More
FUNDAMENTAL ANALYSIS
SEP 07, 2020
SMIC
Learn More
FUNDAMENTAL ANALYSIS
SEP 02, 2020
ATA IMS Bhd
Learn More
FUNDAMENTAL ANALYSIS
AUG 31, 2020
Wing Tai Holdings
Learn More
TECHNICAL ANALYSIS
AUG 27, 2020
Riverstone Holdings Limited
End of the correction phase?
Learn More
FUNDAMENTAL ANALYSIS
AUG 24, 2020
SATS Ltd
Learn More
FUNDAMENTAL ANALYSIS
AUG 18, 2020
JD.com Inc
Learn More
NEWS/MARKET COMMENTARY
AUG 14, 2020
Opportunities in Crisis
...
Learn More
FUNDAMENTAL ANALYSIS
AUG 12, 2020
Netlink NBN Trust
Learn More
KNOWLEDGE CENTRE
AUG 07, 2020
The Cooler Earth Sustainability Summit 2020
Learn More
NEWS/MARKET COMMENTARY
AUG 07, 2020
US Market Insights
All eyes will be on the official Non-Farm employment data on Friday to access
the true health of the labour market.
Learn More
FUNDAMENTAL ANALYSIS
AUG 05, 2020
Yangzijiang Shipbuilding
Made up for lost time
Learn More
FUNDAMENTAL ANALYSIS
JUL 31, 2020
Singapore Exchange
Building on its multi-asset strength
Learn More
FUNDAMENTAL ANALYSIS
JUL 30, 2020
Singapore Airlines (C6L)
Surge in Covid-19 cases hampers recovery
Learn More
NEWS/MARKET COMMENTARY
JUL 30, 2020
US Market Insights
The Fed kept interest rates near zero on Wednesday, reiterating that the
interest rate will remain at the lower bound for as long as it takes to achieve
maximum employment and price stability.
Learn More
FUNDAMENTAL ANALYSIS
JUL 27, 2020
Raffles Medical Group
Learn More
NEWS/MARKET COMMENTARY
JUL 24, 2020
US Market Insights
Confirmed Covid-19 cases in the US just surpassed 4 million this week as the
infection curve continues to show signs of deterioration.
Learn More
FUNDAMENTAL ANALYSIS
JUL 22, 2020
CapitaLand Mall Trust
Learn More
FUNDAMENTAL ANALYSIS
JUL 18, 2020
SIA Engineering
JSS (c.S$47m) helped SIE turn to profits (S$11m) instead of a loss of S$37m in
1Q21. This is a positive read through for peer, STE.
Learn More
KNOWLEDGE CENTRE
JUL 15, 2020
Understanding China A Markets
Learn More
KNOWLEDGE CENTRE
JUL 14, 2020
Don’t put all your eggs in one basket
Learn More
FUNDAMENTAL ANALYSIS
JUL 08, 2020
CITIC Securities
Learn More
FUNDAMENTAL ANALYSIS
JUL 07, 2020
Xiaomi Corporation
Learn More
KNOWLEDGE CENTRE
JUL 07, 2020
Why you should look into Chinese Stocks?
Learn More
FUNDAMENTAL ANALYSIS
JUL 06, 2020
Genting Singapore
Learn More
NEWS/MARKET COMMENTARY
JUL 03, 2020
US Market Insights
Despite the better than expected labor market and PMI numbers reported this
week, the US equity markets pared gains due to the increased risk of the
Covid-19 pandemic getting out of control. A total of 4.8 million jobs were added
in June, greatly beating expectations of 3.05 million.
Learn More
FUNDAMENTAL ANALYSIS
JUL 02, 2020
My (E)xtension (G)ig
Learn More
KNOWLEDGE CENTRE
JUN 30, 2020
Buy High Growth FAANG stocks as the Markets Recover?
Learn More
KNOWLEDGE CENTRE
JUN 23, 2020
Expand your portfolio into US Stocks
We understand that many of you are interested in getting into stocks traded in
the US, but may not know where to look, as there are literally more than 3,000
stocks listed there. Read this to learn how you can expand your portfolio into
US stocks.
Learn More
NEWS/MARKET COMMENTARY
JUN 23, 2020
Will Singapore’s 13th General Election move the market?
Learn More
NEWS/MARKET COMMENTARY
JUN 19, 2020
US Market Insights
It seems that the market is priced for perfection but at the same time, there is
also the real risk of the second wave of infection.
Learn More
FUNDAMENTAL ANALYSIS
JUN 18, 2020
Reassessing the office sector
We expect office viewing activities to resume on slower leasing momentum. There
is an ongoing debate on the future of the workplace. In our view, any change is
likely to be gradual.
Learn More
NEWS/MARKET COMMENTARY
JUN 15, 2020
Slightly earlier reopening
Singapore will enter into phase 2 of economy reopening on 19 Jun 2020, slightly
earlier than our expected last week of Jun. This to last a few months.
Learn More
NEWS/MARKET COMMENTARY
JUN 12, 2020
US Market Insights
The exceptionally strong beat in the Non-Farm Payroll extended the market rally
across the board earlier this week with the Nasdaq 100 index breaking new record
highs, above the 10,000 mark.
Learn More
FUNDAMENTAL ANALYSIS
JUN 11, 2020
Riverstone Holdings
Learn More
FUNDAMENTAL ANALYSIS
JUN 09, 2020
Sembcorp Industries
Learn More
FUNDAMENTAL ANALYSIS
JUN 09, 2020
Top Glove Corporation
Learn More
FUNDAMENTAL ANALYSIS
MAY 29, 2020
Power Root Bhd
FY20: Beat expectations on better margins
Learn More
FUNDAMENTAL ANALYSIS
MAY 29, 2020
Singtel
4QFY20: In-line but DPS cut pre-emptively
Learn More
NEWS/MARKET COMMENTARY
MAY 29, 2020
US Market Insights
With the concerted move in providing additional fiscal stimulus from Japan (117
trillion Yen) and the European Union (750 billion Euro), the global equity
market enjoyed another round of lift-off.
Learn More
TECHNICAL ANALYSIS
MAY 28, 2020
Newmont Corporation (NEM)
Uptrend ready to resume?
Learn More
NEWS/MARKET COMMENTARY
MAY 26, 2020
Singapore: Economics Update
Singapore’s GDP contraction narrowed to 0.7% in 1Q20 amid sharp upward revisions
to the manufacturing sector due to a surge in biomed output in March.
Learn More
FUNDAMENTAL ANALYSIS
MAY 22, 2020
Inari-Amertron Berhad
3QFY20: Lifted by favourable forex
Learn More
NEWS/MARKET COMMENTARY
MAY 22, 2020
The Covid-19 Edition: 21-day habit
Debunking lockdown myths
Learn More
FUNDAMENTAL ANALYSIS
MAY 21, 2020
Riverstone Holdings
Learn More
TECHNICAL ANALYSIS
MAY 19, 2020
Tuan Sing
Bullish price action pointing to a rebound?
Learn More
TECHNICAL ANALYSIS
MAY 19, 2020
Weimob Inc
Uptrend intact; anticipating to break resistance and swing higher
Learn More
NEWS/MARKET COMMENTARY
MAY 19, 2020
Singapore Strategy: Market vs Economy
During the past month, our analysts chopped their estimates for FY20F/21F by
21%/17% respectively, led by the banking and transport sectors.
Learn More
FUNDAMENTAL ANALYSIS
MAY 15, 2020
Singapore Airlines (SGX: C6L)
Opportunity to accumulate?
Learn More
TECHNICAL ANALYSIS
MAY 15, 2020
Straits Times Index
Downtrend resuming?
Learn More
TECHNICAL ANALYSIS
MAY 15, 2020
Dollar Makes Selective Comeback – Focus on Aussie
Easing of risk appetites on equities markets has helped the US Dollar Index DXY
stage a rebound. But the strengthening is at this stage still tentative and
selective. It was most pronounced against the AUD and the GBP.
Learn More
TECHNICAL ANALYSIS
MAY 14, 2020
International Bus Mach Corp (IBM)
Bearish breakout of the range suggests further downside
Learn More
TECHNICAL ANALYSIS
MAY 12, 2020
Yangzijiang Shipbuilding (Holdings) Ltd.
Setting up for the next leg higher?
Learn More
TECHNICAL ANALYSIS
MAY 12, 2020
Weichai Power Co
Major uptrend channel intact; may swing higher
Learn More
KNOWLEDGE CENTRE
MAY 06, 2020
Steadier income amidst market volatility?
If you have always wanted to gain entry into the OTC Bond market to earn
steadier income, but find the high minimum sums too prohibitive, then read on.
Learn More
TECHNICAL ANALYSIS
MAY 05, 2020
Silverlake Axis
Bottoming out near the 0.230 floor?
Learn More
TECHNICAL ANALYSIS
MAY 05, 2020
China Aoyuan Group
Uptrend channel broke down; likely to retest recent low
Learn More
KNOWLEDGE CENTRE
APR 30, 2020
Work in the time of COVID-19
How CGS-CIMB embrace remote working
Learn More
FUNDAMENTAL ANALYSIS
APR 27, 2020
Genting Berhad
The house will win in Vegas in the long run
Learn More
FUNDAMENTAL ANALYSIS
APR 25, 2020
Singapore Banks
Can we avoid triple-digit credit costs?
Learn More
KNOWLEDGE CENTRE
APR 16, 2020
Investing Against All Odds, Build Your Own Global Portfolio
Webinar by Jake Chow – Market Strategist, CGS-CIMB Securities Pte Ltd
Learn More
TECHNICAL ANALYSIS
APR 08, 2020
Lendlease Reit
Technical View: Long
Bottoming with the bullish price action?
Learn More
NEWS/MARKET COMMENTARY
APR 06, 2020
Circuit Breaker, Not Lockdown
Singapore imposes is imposing a 1-month circuit breaker from 7 Apr to 4 May to
slow the transmission of Covid-19. It is not a lockdown.
Learn More
FUNDAMENTAL ANALYSIS
APR 01, 2020
China Banks
Better prepared for the battle
Learn More
KNOWLEDGE CENTRE
MAR 17, 2020
Introduction to Breakout Trading
A trader has to understand that following a period of ranging, a breakout in a
stock’s price is imminent. This is simply because price will never be in a range
forever.
Learn More
FUNDAMENTAL ANALYSIS
MAR 16, 2020
Angry Bear: What To Do
Global economy sputtering before COVID-19; recessions now likely
...
Learn More
KNOWLEDGE CENTRE
MAR 10, 2020
Introduction to Range Trading
A stock is said to be in a range when price moves in a sideways motion with no
clear direction.
Learn More
KNOWLEDGE CENTRE
MAR 03, 2020
Introduction to Trend Trading
As the saying goes, “the trend is your friend”, what that means is that a trader
is able to potentially make a profit from the market when he/she trades in
accordance to the prevailing trend.
Learn More
KNOWLEDGE CENTRE
FEB 25, 2020
Trading for a living? Learn technical analysis first
A trader has a specific entry and exit strategy in place before any trade is
even placed. A trader is one that does not impose his will on the market,
instead, will only seek to enter a stock when it is aligned with their trade
plans.
Learn More
KNOWLEDGE CENTRE
FEB 19, 2020
Guide to stock picking with Fundamental Analysis
Use fundamental analysis to access a stock's intrinsic value
Learn More
FUNDAMENTAL ANALYSIS
FEB 18, 2020
Singapore Budget 2020
Economics Update
Learn More
KNOWLEDGE CENTRE
FEB 11, 2020
Find Investment Ideas From Everyday Life
How to find stocks to invest in by looking at your life habits
Learn More
KNOWLEDGE CENTRE
FEB 04, 2020
3 Types Of Stocks For Dividend Investing
Invest for a stream of passive income
Learn More
FUNDAMENTAL ANALYSIS
JAN 29, 2020
US Market
Merck & Co INC technical view, TheScreener Lab view
Learn More
FUNDAMENTAL ANALYSIS
JAN 29, 2020
Key Things To Note (Overnight Cap)
Commodities, indices, Sembcorp Ind - Technical view
Learn More
FUNDAMENTAL ANALYSIS
JAN 29, 2020
BBMG
Novel coronavirus outbreak expected to have a relatively small impact; reiterate
Add
Learn More
KNOWLEDGE CENTRE
JAN 28, 2020
Generate Passive Income Through Singapore Reits
One of the many things that usually attract retail investors is the dividend
payouts that REITs will distribute to its investors throughout the year.
Learn More
FUNDAMENTAL ANALYSIS
JAN 23, 2020
Strong Earnings Recovery
15 names to play on earnings recovery
Learn More
KNOWLEDGE CENTRE
JAN 21, 2020
3 Ways To Find Undervalued Stocks
You wonder to yourself, should you enter into a position in this particular
stock? But what if the price goes lower and you lose your capital?
Learn More
KNOWLEDGE CENTRE
JAN 14, 2020
3 Blue Chip Stocks in Singapore by Market Capitalization
What is a blue chip stock?
Learn More
FUNDAMENTAL ANALYSIS
JAN 13, 2020
Capital Goods - Overweight
2019 recap, 2020 outlook, Valuations & Top picks and least preferred
Learn More
FUNDAMENTAL ANALYSIS
JAN 13, 2020
Telcos - Neutral
2019 recap, 2020 outlook, Valuations & Top picks and least preferred
Learn More
FUNDAMENTAL ANALYSIS
JAN 13, 2020
Transport - Underweight
2019 recap, 2020 outlook, Valuations & Top picks and least preferred
Learn More
FUNDAMENTAL ANALYSIS
JAN 13, 2020
Consumer/Gaming - Overweight
2019 recap, 2020 outlook, Valuations & Top picks and least preferred
Learn More
FUNDAMENTAL ANALYSIS
JAN 13, 2020
Tech/Manufacturing - Neutral
Three key segments, 2019 recap, 2020 outlook, Valuations & Top picks and least
preferred
Learn More
FUNDAMENTAL ANALYSIS
JAN 13, 2020
Commodities - Overweight
2019 recap, 2020 outlook, Valuations & Top picks and least preferred
Learn More
FUNDAMENTAL ANALYSIS
JAN 13, 2020
Healthcare - Underweight
2019 recap, 2020 outlook, Valuations & Top picks and least preferred
Learn More
FUNDAMENTAL ANALYSIS
JAN 13, 2020
Construction - Overweight
2019 recap, 2020 outlook, Valuations & Top picks and least preferred
Learn More
FUNDAMENTAL ANALYSIS
JAN 10, 2020
Banks - Overweight
2019 recap, 2020 outlook, Valuations & Top picks and least preferred
Learn More
FUNDAMENTAL ANALYSIS
JAN 10, 2020
Property - Overweight
2019 recap, 2020 outlook, Valuations & Top picks and least preferred
Learn More
FUNDAMENTAL ANALYSIS
JAN 10, 2020
SREITS - Neutral
2019 recap, 2020 outlook, Valuations & Top pick and least preferred
Learn More
FUNDAMENTAL ANALYSIS
JAN 09, 2020
Singapore is the cheapest
The index’s performance this year largely tracked the progress of the US–China
trade talks, given the latter’s outsized impact on global trade. GDP growth for
the year was relatively muted, though Singapore managed to avoid a technical
recession.
Learn More
FUNDAMENTAL ANALYSIS
JAN 09, 2020
Technical Outlook on STI & US
Technical analysis on STI weekly timeframe and US 10-year
Learn More
FUNDAMENTAL ANALYSIS
JAN 08, 2020
Go Cyclicals
Sector Allocation - Overweight, Neutral, Underweight
Learn More
FUNDAMENTAL ANALYSIS
JAN 07, 2020
Economy Outlook
Mild recovery on the horizon
Learn More
KNOWLEDGE CENTRE
JAN 07, 2020
Beginner’s Guide to the Singapore Stock Market
What types of companies should you invest in; telecommunication, food &
beverage, property or others? There are just too many stocks in market for you
to choose from.
Learn More
FUNDAMENTAL ANALYSIS
JAN 06, 2020
I wished I had that
A flurry of privatisation deals and M&As have gripped the Singapore market in
2019.
Learn More
FUNDAMENTAL ANALYSIS
JAN 06, 2020
Privatisation or M&A Candidates
Corporate actions likelihood?
Learn More
FUNDAMENTAL ANALYSIS
JAN 03, 2020
Singapore, a safe haven
The Singapore equity market is mostly a bottom-up market. Companies have growing
earnings exposure from outside of Singapore, making the health of Singapore’s
economy increasingly irrelevant, and the well-being of ASEAN and Asia relevant.
Learn More
FUNDAMENTAL ANALYSIS
JAN 02, 2020
2019 Recap
Remember these few milestones in 2019?
Learn More
FUNDAMENTAL ANALYSIS
DEC 03, 2019
Singapore Strategy
US-China trade relations dominate
Learn More
FUNDAMENTAL ANALYSIS
NOV 19, 2019
Singapore Strategy - Healthier Tone
Learn More
FUNDAMENTAL ANALYSIS
NOV 08, 2019
China Banks
How much stress can China banks take?
Learn More
FUNDAMENTAL ANALYSIS
AUG 14, 2019
CSE Global
Learn More
FUNDAMENTAL ANALYSIS
AUG 07, 2019
CapitaLand
Learn More
FUNDAMENTAL ANALYSIS
JUL 31, 2019
Parkway Life Reit
Learn More
FUNDAMENTAL ANALYSIS
JUL 15, 2019
Wilmar International
Learn More
FUNDAMENTAL ANALYSIS
JUL 15, 2019
Hyundai Motor Company
Overly long-biased
Learn More
FUNDAMENTAL ANALYSIS
JUL 01, 2019
Suntec REIT: Deepens footprint in Australia
Learn More
FUNDAMENTAL ANALYSIS
JUN 21, 2019
Genting Singapore: Playing a crucial hand
■ Its net cash position and track record give GENS a strong chance of winning
urban/regional IR in Japan that may accrete 18-23/7 Scts to FY20F fair value. ■
On the home front, we estimate RWS 2.0 could spur GENS’s non-gaming revenue up
to S$1.2bn in FY26F (vs. FY18: S$834m). ■ GENS is in crucial long-term
transformation mode and we like its current compelling valuation of 6.5x FY20F
EV/EBITDA. Maintain Add.
Learn More
FUNDAMENTAL ANALYSIS
JUN 19, 2019
Banks: Enough pie to be shared, virtual bank or not
Learn More
FUNDAMENTAL ANALYSIS
JUN 14, 2019
SATS Ltd - NDR takeaways: Seeding for growth
Learn More
FUNDAMENTAL ANALYSIS
JUN 10, 2019
City Developments: Second takeover offer for M&C
Learn More
FUNDAMENTAL ANALYSIS
JUN 03, 2019
mm2 Asia: Look for organic growth in FY20F
Learn More
FUNDAMENTAL ANALYSIS
MAY 30, 2019
Sembcorp Industries: Patience will pay off in India
SEIL has been operating at 73% in the past two months; SGPL to ride on lower
coal costs; Wind power +27% yoy to 1,177MW, hopefully 1,727MW by 3Q19; Trading
at -1 s.d. of 10-year mean, maintain Add and TP of S$3.41
Learn More
FUNDAMENTAL ANALYSIS
MAY 23, 2019
Singapore Strategy
Prefer liquid and large caps
Learn More
FUNDAMENTAL ANALYSIS
MAY 16, 2019
Silverlake Axis Ltd
Results losing some shine
Learn More
FUNDAMENTAL ANALYSIS
MAY 02, 2019
Venture Corporation
IQOS approved for sale in the US
Learn More
FUNDAMENTAL ANALYSIS
APR 22, 2019
Banks: 1Q19F Preview
Learn More
FUNDAMENTAL ANALYSIS
APR 15, 2019
Keppel DC Reit: Delivering steady growth
Maintain Add with an unchanged DDM-based TP of S$1.54
Learn More
FUNDAMENTAL ANALYSIS
APR 11, 2019
Singapore Press Holdings: Anchored by Property
Newspaper
Learn More
FUNDAMENTAL ANALYSIS
APR 01, 2019
China Aviation Oil: Jetting Stably amidst Global Volatility
Oil & Gas - Retail Singapore
Learn More
FUNDAMENTAL ANALYSIS
MAR 25, 2019
SingTel: Decent Yields to ride out Earnings Volatility
Learn More
FUNDAMENTAL ANALYSIS
MAR 19, 2019
Mapletree Commercial Trust: Growth with Downside Protection
Alpha Series - REIT Singapore
Learn More
VIEW ALL DISCOVER
×
LATEST ANNOUNCEMENTS
Show All
--------------------------------------------------------------------------------
APR 14, 2020
Notification On Off Premises Trading Representative
Learn More
--------------------------------------------------------------------------------
APR 06, 2020
COVID-19 Advisory Update
Learn More
--------------------------------------------------------------------------------
APR 03, 2020
COVID-19 Advisory
Learn More
--------------------------------------------------------------------------------
FEB 25, 2020
Start of Daylight Saving for US
Learn More
--------------------------------------------------------------------------------
View All Announcements
×
About CGS-CIMB
Contact Us
FAQ
Newsroom
Sitemap
Disclaimer
Terms & Policies
Terms of Use
Important Notice
China Galaxy Securities
CIMB Group
China Galaxy International
About CGS-CIMB
Contact Us
FAQ
Newsroom
Sitemap
Disclaimer
Terms & Policies
Terms of Use
Important Notice
--------------------------------------------------------------------------------
China Galaxy Securities
CIMB Group
China Galaxy International
Investing in securities and leveraged financial instruments involves market,
currency, economic, political, social, business and investment risks. Please
ensure you understand the applicable risks involved by reading each product’s
respective risk warnings contained within this website, as well as the risk
disclosure statements in our General Terms and Conditions, account opening forms
and such other documents as we may from time to time prescribe.
Your use of this website is subject to all applicable laws and regulations and
this website shall not be accessed from any jurisdiction where such use is
restricted or otherwise prohibited. Please ensure that you read, understand and
comply with this website’s Terms of Use.
© CGS-CIMB Securities Singapore Pte. Ltd. | Company Reg No: 198701621D
Investing in securities and leveraged financial instruments involves market,
currency, economic, political, social, business and investment risks. Please
ensure you understand the applicable risks involved by reading each product’s
respective risk warnings contained within this website, as well as the risk
disclosure statements in our General Terms and Conditions, account opening forms
and such other documents as we may from time to time prescribe.
Your use of this website is subject to all applicable laws and regulations and
this website shall not be accessed from any jurisdiction where such use is
restricted or otherwise prohibited. Please ensure that you read, understand and
comply with this website’s Terms of Use.
© CGS-CIMB Securities Singapore Pte. Ltd. | Company Reg No: 198701621D
×
This website uses cookies to improve your experience on our website. If you
continue browsing, we take that you accept our Privacy Policy
I Accept