An expected improvement in Frencken Group's earnings growth is likely pushed back to 2H 2025, OCBC Investment Research's Donavan Tan says in a report. OCBC lowers the stock's fair value estimate to S$1.42 from S$1.74. OCBC's examination of Frencken Group's supply chain and key clients as well as guidance from management suggests that expected growth in Frencken Group's semiconductor business will probably materialize in late 2H 2025. The company's efforts for contracting new production initiatives by leveraging its key capabilities position it well to ride the recovery and growth of its various segments, the analyst says. OCBC remains confident in the company's long-term prospects, and maintains a buy rating on the stock. Shares are unchanged at S$1.21. (ronnie.harui@wsj.com)
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。