Frencken Group's Orders Likely to Accelerate in 2H -- Market Talk

Dow Jones03-19 09:34

0134 GMT - Frencken Group's orders are likely to accelerate in 2H, boosting its earnings, says RHB Research's Alfie Yeo in a note. The Singapore manufacturing-solutions company's 2025 earnings were driven by a recovery in its semiconductor customer orders, he notes. He expects that its customers' excess inventory will be cleared by 1H, which should lead to restocking in 2H. The stock is likely to continue benefiting and re-rate higher from Singapore equities market's rising fund flows, he adds. RHB Research raises the stock's target price to S$2.56 from S$2.03 and maintains a buy rating. Shares are up 0.5% at S$2.07.(megan.cheah@wsj.com)

 

(END) Dow Jones Newswires

March 18, 2026 21:34 ET (01:34 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment