- Amid the recent AI craze following Nvidia’s forecast raise due to strong demand for its AI chips, semi-conductor related stocks have mostly rallied, even in Singapore. Our channel checks show that orders are yet to be positively impacted but inventory could be depleted faster if the trend persists.
- - Read this at SGinvestors.io -
Inventory level of key Singapore customers vital
- We believe that the inventory levels of key customers, especially in Singapore, will be vital to Frencken (SGX:E28)’s financial performance.
- - Read this at SGinvestors.io -
AI trend might hasten inventory depletion
- Read more at SGinvestors.io.
Above is the excerpt from report by Maybank Research.
Clients of Maybank Securities may be the first to access the full report in PDF @ https://maybanktrade.com.sg/.
Jarick Seet Maybank Research | https://www.maybank-ke.com.sg/ 2023-05-30
Read also Maybank's most recent report:
2024-02-28 Frencken Group - Continued Recovery In 2024.
Previous report by Maybank:
2024-02-16 Frencken - Strengthening Recovery.
Price targets by 4 other brokers at Frencken Target Prices.
Listing of research reports at Frencken Analyst Reports.
Relevant links:
Frencken Share Price History,
Frencken Announcements,
Frencken Dividends & Corporate Actions,
Frencken News Articles
