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Frencken Last:2.92

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Frencken Group Ltd

Bro agreed. I am holding some to see that.....

wehuattogether88 ( Date: 04-Aug-2025 11:57) Posted:

Its how high can Frencken go this time round

Hard to play. Not much meat for small player like me

Its how high can Frencken go this time round

How low can it go?

I think Frencken price valuation might revised upwards, if not, UMS price will catch up sooner when they start trading in Bursa.
My thoughts only.

wehuattogether88 ( Date: 29-Jul-2025 11:43) Posted:

I believe Frencken have a better business prospect and future plans ahead with a higher profitability.

Frencken &lsquo poised to ride&rsquo tech rebound: DBS raises target price to $2.03

DBS Group Research (DBS) analyst Ling Lee Keng is maintaining her &ldquo buy&rdquo call on Frencken Group (Frencken) at a raised target price of $2.03 from $1.48 previously on the group being a second order artificial intelligence (AI) beneficiary.

Ling writes in her July 24 report: &ldquo The stock also benefits from the Monetary Authority of Singapore&rsquo s (MAS) equity market development programme (EQDP).&rdquo

In Frencken&rsquo s 1QFY2025 ended March results, its semiconductor segment accounted for 49% of total revenue.

According to research firm, Gartner, the semiconductor market is projected to grow 15.7% in 2025 to US$758.7 billion ($974.5 billion) and another 15.0% in 2026.

Industry association, SEMI, similarly expects the rebound in 2024 to continue and extend into 2026.

&ldquo The frontend semiconductor segment has not reached the peak yet while the backend segment is still in a recovery stage,&rdquo writes Ling. She notes that the group is &ldquo poised to ride&rdquo the tech rebound, backed by its strong financials and diversified portfolio.

While Frencken&rsquo s semiconductor segment is on an uptrend, she notes that the group&rsquo s other segments &ldquo should deliver&rdquo a steady performance.

Ling writes: &ldquo With its diverse exposure to multiple market segments and sound financial position, the group is in a good position to continue riding on the recovery path ahead.&rdquo

Frencken continues to work on various programmes to facilitate ongoing knowledge transfer, support key customers&rsquo product transfers from Europe to Asia and assist with their expansion roadmap by providing additional capacity in both regions.

To improve efficiency and capacity, the group also plans to upgrade and expand its Singapore production facilities, while a new US facility will expand production capacity to support existing business and future opportunities.

Ling&rsquo s target price is based on 20 times price-to-earnings ratio (P/E), aligning with the previous peak in 1QFY2024, on blended FY2025/FY2026 earnings.

Key risks noted by her include the group&rsquo s dependence on global market conditions, due to its global exposure to customers in the US, Europe and Asia. A broad global economic slowdown could also impact demand and earnings.

Now the 3 funds assigned by SGX is going to scoops the high potential small-mid caps from market. Think Frencken is one of the beneficiaries.

Good news or bad news. Cheong $0.01 cents also cheong

Still can chiong? Candlestick already out Bollinger Bands.

From UOB Kay Hian report for reference only:
Frencken Group (FRKN SP)
Trading buy range: S$1.41-1.42
Last price: S$1.45
Target price: S$1.61
Protective stop: S$1.35
Price is trading far above the cloud,
keeping the strong uptrend intact. Both
conversion and base lines are rising.
MACD is bullish and is rising. These could
increase chances of the stock price
continuing to move higher.
The potential upside target is S$1.61. Stoploss could be placed at S$1.35.

May I know who is Loudspeaker you mentioned?

msksmsks ( Date: 21-Jul-2025 10:52) Posted:

Loud speaker not here, the share diam diam kee. LOL

Most Fund Houses setting Frencken TP at least $1.70 and above

Frencken Ltd. From kgi.... Shares closed at a high since July 2025, with a surge in volume. 50dEMA recently crossed the 200dEMA. MACD is positive, RSI is at an overbought level. Buy ? Entry 1.43 Target 1.55, Stop 1.37.....

Break 144. Now very bullish...philip target looks achievable......

Joelton ( Date: 15-Jul-2025 11:53) Posted:

PhillipCapital initiates coverage on Frencken with &lsquo buy&rsquo and TP of $1.76

PhillipCapital analyst Yik Ban Chong has in his July 11 report initiated coverage on semicon player Frencken Group (Frencken) with a &ldquo buy&rdquo call and a target price (TP) of $1.76, with a view that the company is now undervalued even as it is poised for clear growth ahead.

In the 1QFY2025 ended March, revenue in Frencken&rsquo s semiconductor segment grew 34% y-o-y from a strong rebound in sales from its Asia operations.

This was possibly due to its Netherlands-based customer broadening its product portfolio, conducting tests in Asia for lithography machines used to produce two nanometre (nm) chips.

In a sign of its growing confidence, the company is seen to double its capex this year.

The key initiative is a $63 million investment in a new manufacturing facility in Singapore due to be completed in the 1QFY2027.

As such, Chong believes the group is &ldquo well-positioned&rdquo to take on more products and processes from its customers&rsquo Asia expansion plans.

&ldquo The new facility has clean rooms with higher floor-to-ceiling heights, enabling Frencken to take on new programmes with key wafer fabrication equipment customers in the following years,&rdquo elaborates Chong.

To be sure, Frencken has benefited from its key semiconductor customers experiencing high revenue growth in the first quarter due to high demand for artificial intelligence (AI ) chips and leading-edge foundries&rsquo investments.

Industry giant Taiwan Semiconductor Manufacturing Company (TSMC) has maintained its guidance for 2025, with most of its capex budgeted for advanced process equipment.

All three equipment makers ASML, Applied Materials and Lam Research, have all provided positive revenue guidance of an average 18% y-o-y increase for the second quarter, driven by increased leading-edge foundry investments.

On this, Chong writes: &ldquo We expect Frencken to benefit from new products and processes used by its key semiconductor equipment customers for research and development (R& D), to advance both front-end and back-end semiconductor equipment.&rdquo

The analyst also sees that the group has attractive valuations when compared to its listed peers.

Frencken is trading at 13 times FY2025 price-to-earnings ratio (P/E), a 35% discount compared to its local peers&rsquo average valuations of around 20 times FY2025 P/E.

&ldquo We believe Frencken is undervalued because of strong manufacturing capabilities for its key customers in Asia, high customer demand for testing new products,and low exposure to direct impact from tariff, with shipments to the US making up about 9% of FY2024 revenue,&rdquo writes Chong.