Highlights

Simons Trading Research

Author: simonsg   |   Latest post: Thu, 23 May 2019, 9:57 AM

 

Frencken Group - Year of Industrial Automation

Author:   |    Publish date:


  • Frencken Group Limited (SGX:E28) is a manufacturing solutions provider with a global presence and 2 key divisions – mechatronics and integrated manufacturing services (IMS). 
  • We project Frencken Group to have a net cash balance sheet by end-FY21F. We estimate dividend yields over FY19-21F of 4.1-4.3%. Initiate with ADD and Target Price of S$0.90.
  • We believe Frencken Group's earnings will be driven by industrial automation segment, where demand from a key customer is strong. 

Global Integrated Solutions Provider

  • Listed on the SGX Mainboard, Frencken Group Limited (SGX:E28) is a global integrated technology solutions company.
  • Frencken provides manufacturing solutions for companies in the automotive, healthcare, industrial, life sciences and semiconductor industries. Frencken is able to offer end-to-end solutions across the entire customer value chain - from product conceptualisation, integrated design, prototyping and new product introductions to supply chain design and management, volume manufacturing and logistics services.
  • Frencken has 3,500 employees located in 16 operating sites across Asia, Europe and the US.

Source: CGS-CIMB Research - 16 Apr 2019

Share this
Labels: Frencken

Related Stocks

Chart Stock Name Last Change Volume 
Frencken 0.615 +0.01 (1.65%) 2,190 

  Be the first to like this.
 


 

177  80  155  689 

ActiveGainersLosers
Top 10 Active Counters
 NameLastChange 
 HSI26000MBePW.. 0.091-0.009 
 YZJ Shipbldg SGD 1.37-0.01 
 ISR Capital^ 0.0020.00 
 Golden Agri-Res 0.265-0.01 
 AA 0.01-0.003 
 Genting Sing 0.87-0.005 
 CapitaCom Trust 1.920.00 
 Asian Pay Tv Tr 0.177+0.004 
 Rex Intl 0.063+0.001 
 SingTel 3.15+0.03 
Partners & Brokers