- ISOTeam (SGX:5WF) secured S$30.1m worth of new contract wins, which includes interior design, landscaping, repair and redecoration as well as addition and alteration and coating/painting projects. The new projects are expected to be delivered progressively over the next 2 -3 years.
Orderbook now at S$186.5m.
- - Read this at SGinvestors.io -
Pilot drone project in 2Q and 3Q26.
- ISOTeam is currently the only contractor with drone solutions locally, which could reduce costs by 30-40%. It is likely to begin a private pilot project by June 2026 before testing its AI drone-painting solution on an HDB site by 3Q26 and it will be rolled out to more estates. We believe this will re-rate ISOTeam significantly if it can deliver these solutions.
Stronger profitability backed by strong order wins.
- - Read this at SGinvestors.io -
- A portion of the proceeds from the sales could be used to reward shareholders with special dividends or higher ordinary dividends.
Maintain BUY.
- Read more at SGinvestors.io.
Above is an excerpt from a report by Maybank Research.
Clients of Maybank Securities may be the first to access the full PDF report @ https://www.maybanktrade.com.sg/.
Jarick Seet Maybank Research | https://www.maybanktrade.com.sg/ 2026-04-21
Previous report by Maybank:
2026-02-25 ISOTeam - More Orders Incoming.
Price targets by other brokers at ISOTeam Target Prices.
Listing of research reports at ISOTeam Analyst Reports.
Relevant links:
ISOTeam Share Price History,
ISOTeam Announcements,
ISOTeam Dividend Payout Dates & Corporate Actions,
ISOTeam News
