broker's call

Broker's Calls

Better days ahead for Sheng Siong but some near-term drag from GST discounts

Sheng Siong may see some near-term drag but it's long-term potential remains. CGS-CIMB recommends to accumulate.
Caffeine boosted 1Q ahead for Food Empire - THE EDGE SINGAPORE

Broker's Calls

Caffeine boosted 1Q ahead for Food Empire

Maybank expects Food Empire's next two quarters to be stronger y-o-y.
RHB is keeping Sheng Siong in its cart - THE EDGE SINGAPORE

Broker's Calls

RHB is keeping Sheng Siong in its cart

RHB likes Sheng Siong for defensive qualities, strong balance sheet, attractive dividends, store expansion, etc.
Resilience of FCT's suburban malls underpinned by high proportion of GRI: CGS-CIMB - THE EDGE SINGAPORE

Broker's Calls

Resilience of FCT's suburban malls underpinned by high proportion of GRI: CGS-CIMB

CGS-CIMB continues to like FCT for it's pure play in the suburban mall space.
Better outlook for Wing Tai with new additions to landbank and Uniqlo JV rides on recovery - THE EDGE SINGAPORE

Broker's Calls

Better outlook for Wing Tai with new additions to landbank and Uniqlo JV rides on recovery

Lim & Tan Securities keep 'accumulate' on Wing Tai as its outlook seems to be improving.
CGS-CIMB maintains 'add' call, raises TP to $1.88 after MLT’s property acquisition announcement - THE EDGE SINGAPORE

Broker's Calls

CGS-CIMB maintains 'add' call, raises TP to $1.88 after MLT’s property acquisition announcement

Analysts from CGS-CIMB Research have increased their TP from $1.84 previously as MLT resumes its AUM growth.
UOBKH remains upbeat on Food Empire's outlook as demand remains relatively strong - THE EDGE SINGAPORE

Broker's Calls

UOBKH upbeat on Food Empire's outlook as demand remains relatively strong

UOBKH keeps 'buy' on Food Empire as the market's need for coffee trumps inflationary pressures and geopolitical uncertainties.

Broker's Calls

Choo Chiang rides the construction boom

Thanks to the recovering construction sector and buoyant resale property market, Choo Chiang is set to see a better FY2023.
Citi is upbeat on CLI's China prospects, surprise upside from REITs - THE EDGE SINGAPORE

Broker's Calls

Citi is upbeat on CLI's China prospects, surprise upside from REITs

China will be a game changer for CLI, but Citi is also seeing a surprise from the REITs.

Broker's Calls

RHB sees compelling valuations and strong yields in ComfortDelGro

RHB likes ComfortDelGro as a reopening play, while its compelling valuations and high yields keep it a 'buy'.
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