FIDES TAKE: VALUETRONICS (VALUE SP)

[FIDES ASSETS: VALUETRONICS – SGX] 6th June 2019 Action: BUY for VALUETRONICS (BN2.SI) listed on SGX Valuetronics Holdings Ltd. offers original equipment manufacturing and original design manufacturing services. The Company serves customers in the telecommunications, industrial, commercial electronic products, and consumer electronic products industries (as per Bloomberg). VALUETRONICS has an existing market capital of SGD$265m. As of…

FIDES TAKE: CHINA GAS (0384.HK)

[FIDES ASSETS: CHINA GAS HOLDINGS LIMITED – HKSE] 1st June 2019 Action: OVERWEIGHT for CHINA GAS (0384.HK) listed on HKSE China Gas Holdings Limited invests in, operates and manages natural gas distribution pipelines. The Company distributes and sells natural gas to residential, commercial and industrial users, and bottles and sells compressed natural gas. China Gas also constructs…

FIDES TAKE: SINGAPORE AIRLINES (SIA SP)

[FIDES ASSETS: SINGAPORE AIRLINES – SGX) 30th May 2019 Action: Maintain HOLD for SINGAPORE AIRLINES (C6L.SI) listed on SGX Singapore Airlines is Singapore’s flag bearer, flying to more than 50 destinations in more than 30 countries. They have been awarded Best Airline in 2018 by Traveller’s World Magazine and Skytrax. The Company has an existing market capital…

Fides Take: Starhub (STH SP)

[FIDES ASSETS: STARHUB – SGX] 29th May 2019 Action: Maintain SELL for STARHUB (STH SP) listed on SGX StarHub is a telecommunications company with its operations mainly in Singapore. With an existing market capital of SGD$2.7b , this stock has seen better days. As of today, the 52-week high is at SGD$2.05, and 52-week low…

Fides Assets View: DBS Group Holdings

[Fides Assets Singapore Views: DBS GROUP HOLDINGS – SGX] 27th May 2019 Maintain BUY for DBS GROUP HOLDINGS (DBS SP) listed on SGX Target price: SGD$30.20 2019 was a solid start for banks reporting earnings growth of 7%-12% year-on-year (yoy) despite the high base of performance in 2018. A spike in mortgage lending rates helped…