Frencken Group - OCBC Investment 2024-06-05: Turn Up The Semiconductor Cycle

Frencken Group - Turn Up The Semiconductor Cycle

Published:
Frencken (SGX:E28) | SGinvestors.ioFrencken (SGX:E28)
  • Frencken Group (SGX:E28) is a globally recognised integrated technology solutions company that offer comprehensive end-to-end solutions across the entire manufacturing value chain.
  • From product conceptualisation, integrated design, prototyping, and new product introduction to supply chain design and management, volume manufacturing, and logistics services, Frencken covers it all.
  • - Read this at SGinvestors.io -

Imminent semiconductor upcycle

  • - Read this at SGinvestors.io -
  • As the demand for AI continues to rise, chip makers are increasing their production of smaller and faster chips. This presents a significant growth opportunity for the broader semiconductor market, including key players like Frencken.
  • In their 1Q24 updates, Frencken demonstrated ongoing recovery with revenue and net profit reaching S$193.6m and S$9m, respectively, marking a 12% and 73% y-o-y ( y-o-y) increase.

Net cash balance sheet of S$62.2m

  • Read more at SGinvestors.io.




Above is the excerpt from report by OCBC Investment Research.
Clients of OCBC Securities may be the first to access the full report in PDF @ https://www.iocbc.com/.




Donavan Tan OCBC Investment Research | https://www.iocbc.com/ 2024-06-05



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





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