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E28 Frencken
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- 1Y
About Frencken Company
Frencken Group Ltd is a Singapore-based company. The business operates in segments that are Mechatronics, which specializes in the design and manufacture of complex electro-mechanical assemblies, and automation systems for original equipment manufacturers; and Integrated Manufacturing Services, which specializes in the manufacturing of plastic components and printed circuit board assembly for modules and finished products. The Mechatronics segment generates maximum revenue for the company.
Revenue Breakdown
News
Maybank Securities Adjusts Frencken's Price Target to SG$1.39 From SG$1.27, Keeps at Buy
04:38 AM EST, 11/24/2023 (MT Newswires) -- Maybank Securities Adjusts Frencken's Price Target to SG$1.39 From SG$1.27, Keeps at Buy Price (SGD): S$1.13, Change: S$-0.03, Percent Change: -2.59%
Singapore Shares Close Marginally Lower; Metech Shares Zoom 23% on Securing Approval to Defer AGM, File Annual Return
Singapore's Straits Times Index erased yesterday's gains and swung back marginally into the red on Thursday, led by declines in banks and other index counters, while Wall Street stocks finished higher
Frencken Group's Profit Falls 35% in Q3; Shares Climb 3%
Frencken Group (SGX:E28) posted a profit attributable to equity holders of SG$7.1 million in the third quarter, down 35.1% from SG$11 million in the year-ago period. Revenue for the three months ended
Comments


$FTSE Straits Mid-Cap Index(.FSTM.SG$ mid cap stocks continuing sideway consolidation but finding support at higher low trendline too
$Keppel Corp(BN4.SG$$SIA(C6L.SG$$Sembcorp Ind(U96.SG$$Frencken(E28.SG$ all rejected at resistance levels, especially Sembcorp
$Genting Sing(G13.SG$ lack follow tru after rebounding
(all the above = s...
RHB has a "buy" call on Frencken and lifted their tp to 1.45 from 0.97.
RHB Bank Singapore analyst Alfie Yeo sees signs of the group's revenue and earnings bottoming out. This is led by the better-than -expected 3QFY2023 ended Sept 30 revenue traction from better customer orders and a more positive outlook on the semiconductor industry, Yeo writes in his Nov 27 report.
Frencken's 3QFY2023 revenue of $184 million stood ahead of Yeo's estimates thanks to broad-based growth.
"De...
ColumnsSG Morning Highlights | Thai Beverage Full-year Net Profit Falls 9% to 27.4 Billion Baht
●Singapore shares opened lower on Thursday; STI down 0.25%
●Strong hospitality growth, double-digit rental reversions buoy SREITs in Q3
●Private residential leasing volume down 9.8% YoY in Q3
●Stocks to watch: ThaiBev, Frencken
●Latest share buy back transactions
-moomoo News SG
Market Trend
Singapore shares opened lower on Thursda...


Frencken Group has announced earnings of $7.1 million for its 3QFY2023 ended Sept 30, a -35.1% y-o-y , as the technology sector continued to face challenging business conditions during the quarter.
On a sequential basis, the company’s revenue and earnings have improved from the first two quarters of the year.
CGS-CIMB has an add rating for Frencken with tp 1.37 from 1.10 on rollover to FY25F.
FY24-25F outlook is likely to improve.
They expect Frencken to issue its 3Q23 business update by after the market close on 27 Nov 2023.
They estimate Frencken posting a SGD176.8m revenue (-9.5% yoy, -1.0% qoq) and SGD6.0m net profit (-45.1% yoy, -12.5% qoq) for 3Q23F.
Their FY23-25F forecasts and P/E multiples are unchanged.
CIMB: Frencken Group Ltd – Add Target Price $1.37 (Previous $1.10)
alphaedgeinvest...
$Frencken(E28.SG$
Singapore GDP Grows Faster than Expected Even as New Risks Loom
On a year-on-year basis, manufacturing contracted 5%: data
Third-quarter GDP rose 1% q/q, beating estimates for 0.6% gain
May rise to resistances around 1.20 and 1.23.
Will these 2 players follow suit? $UMS(558.SG$$AEM SGD(AWX.SG$
UOBKH: Frencken Group – Buy Target Price $1.23
UOBKH: Frencken Group – Buy Target Price $1.23 - Alpha Edge Investing
$Frencken(E28.SG$
Maybank maintain BUY with a higher tp of 1.27 from 0.97.
With key customers ASML and AMAT raising their revenue forecasts, they believe Frencken's Singapore and Malaysia factory utilisation should benefit from a recovery of orders in FY24E, especially when ASML is also shifting some of its production from Europe to Malaysia.
They think Frencken's performance likely bottomed in 1Q23 in line with management guiding for higher semi-con revenue in 2H23, signalling the worst is po...
Singapore stocks open higher on Thursday
$FTSE Singapore Straits Time Index(.STI.SG$climbed 8.47 points or 0.3 per cent to 3,227.4. Across the broader market, gainers outnumbered losers 63 to 31, with 30.8 million securities worth S$41.9 million changing hands.
Among the most actively traded stocks in terms of volume was $Pollux Prop(5AE.SG$ , with 2.5 million securities transacted. The counter rose S$0...
101757848 : Target 1.5 by next quarter