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Jarick Seet of Maybank Securities has turned more bullish on Addvalue Technologies after the communications company's full year results that came in above his expectations. From 31 cents, Seet now figures this stock is worth 34 cents, as he expects the strong growth momentum to continue.
"Besides AI, Addvalue is benefiting from two of the most exciting and highest growth themes: drones and space. We expect a rapid growth phase in the next few years after its turnaround in FY25 and it thus ranks as one of our top picks in the small-cap tech space," says Seet in his May 25 note.
Dale Lai of DBS Group Research has in his May 25 note maintained his "buy" call and $1.05 target price on UI Boustead REIT after news that it is taking a 51% stake in a $104 million build-to-suit aerospace facility in conjunction with Boustead Singapore.
The facility, to be sited within the Seletar Aerospace Park, is backed by a long master lease of 22.5 years to an unnamed global aerospace tenant and will be at an attractive 8.6% yield-on-cost.
Jonathan Koh of UOB Kay Hian has maintained his "buy" call on Capitaland Ascendas REIT along with a slightly higher target price of $3.78 from $3.70 after the REIT's recent acquisition of three assets for $1.4 billion in total that will lift its DPU by 1.7% for this coming FY2027 and 2.3% for FY2028, with NAV per unit seen to increase by 3.1% to $2.36.
First, CALR is buying 25 Loyang Crescent for $504 million, which is a modern four-storey ramp-up logistics facility with cluster of 13 standalone industrial buildings used as warehouses and workshops, and open yard space.
Jardine Matheson Holdings is acquiring Australia-based I-MED Radiology Network (I-MED) for an enterprise value of A$3.4 billion, marking a major move into healthcare for a conglomerate better known for its property, retail and hospitality businesses.
I-MED is described as a "global leader in diagnostic imaging and teleradiology" and the deal includes its minority interest in Harrison.ai, a pioneer in developing radiology AI solutions, including CT brain and chest scans.
Car dealer EuroSports Global has jumped on the secondary fund-raising bandwagon, raising gross proceeds of $1.99 million by placing out 26.5 million new shares at 7.5 cents each.
The shares will be sold to another car dealer Align Auto, beneficially owned by one Kuah Zi’En and HRT Corporation.
At 7.5 cents, the placement price is 100% premium over EuroSports' last traded price of 3.74 cents before this placement announcement.
The placement shares will expand EuroSports' share base by 10%.
William Tng, the only analyst with an active coverage on ISDN Holdings, has maintained 96 cents target price, following 1QFY2026 earnings that were in line with his full-year projections.
Given how ISDN is seen by Tng to continue gaining market share with its competitive strength across the full range of industrial automation technologies, he has kept his "add" call.
For the three months to March, earnings surged 31x y-o-y to $3.7 million, on the back of a 24.2% jump in revenue to $113.7 million, driven by its industrial automation segment.
Paul Chew of PhillipCapital has kept his "buy" call on TeleChoice International after its 1QFY2026 results that were within expectations.
Now, citing the recent re-rating of SGX-listed proxies in the system integration sectors, Chew has applied a higher valuation multiple and has thus raised his target price to 33 cents from 27.5 cents.
This marks his second price target increase in two months after he raised it from 21.5 cents in March.
Silchester International Investors, the largest shareholder of ComfortDelGro, has taken advantage of a recent drop in the share price to further add to its stake.
On May 21, the asset manager paid an average of $1.2908 to buy nearly 1.94 million shares.
This brings its total holdings to around 196.83 million shares, equivalent to 9.087%.
Earlier, on May 8, Silchester paid an average of $1.4312 for 893,600 shares.
In addition, ComfortDelGro has been buying back its own shares as well.
For the last couple of years, the local telecommunications industry has been under strain from intensive competition, pulling down margins as incumbents were forced to match challengers in offering low-price packages. Things were thought to have finally moved along with Keppel selling its subsidiary M1 to Simba, when the original suitor was long assumed to be StarHub.
Singapore Airlines (SIA), the “world’s favourite airline”, reported operating profit in FY2026 ended March rose to $2.375 billion, up 29% y-o-y, with 2HFY2026 operating profit at a record $1.572 billion, up 72% y-o-y. Operating profit margin for the full year was 11.57%, and in 2HFY2026 it rose to 14.5%.
