HRnetGroup - NDR (Non-Deal Roadshow) Highlights

- We hosted a virtual non-deal roadshow (NDR) for HRnetGroup (SGX:CHZ) where it shared the current hiring sentiment in its key markets, and the outlook for 2022F.
- HRnetGroup’s volumes are currently seeing good momentum; it expects further traction as borders reopen and companies ramp up bench strength.
- On 19 Nov, HRnetGroup announced a special dividend of 1 cents, the first since its IPO in 2017.
- Reiterate ADD call on HRnetGroup with an unchanged target price of S$1.15.
Above is the excerpt from research report by CGS-CIMB.
Clients of CGS-CIMB may access the full report in PDF @ https://www.itradecimb.com.sg/.
Kenneth TAN CGS-CIMB Research | LIM Siew Khee CGS-CIMB Research | https://www.cgs-cimb.com 2021-11-19
Read also CGS-CIMB's most recent report:
2022-08-12 HRnetGroup - Hiring Still Robust In 1H22.
Previous report by CGS-CIMB:
2022-07-06 HRnetGroup - Labour Shortage A Boon.
Price targets by other brokers at HRnetGroup Target Prices.
Listing of research reports at HRnetGroup Analyst Reports.
Relevant links:
HRnetGroup Share Price History,
HRnetGroup Announcements,
HRnetGroup Dividends & Corporate Actions,
HRnetGroup News Articles