brokers' calls

Broker's Calls

Maybank Securities sees need for SIA to invest further into Air India, keeps ‘hold’ at unchanged TP

Maybank's Ong notes that SIA is facing intense competition from other regional carriers, resulting in declining statistics.

Broker's Calls

FY2024 to be ‘year of recovery’ for China Yuchai; CGSI keeps ‘add’ at higher TP

CGSI's Ong is bullish on China's policy of scrapping older vehicles for newer ones with rebate for owners for China Yuchai.
CGSI lifts Hong Leong Asia’s TP to $1.20 after ‘blowout’ 1HFY2024 results - THE EDGE SINGAPORE

Broker's Calls

CGSI lifts Hong Leong Asia’s TP to $1.20 after ‘blowout’ 1HFY2024 results

CGSI's Ong Khang Chuen sees improving prospects across Hong Leong Asia’s key business segments.

Broker's Calls

Marco Polo Marine falls short in 3QFY2024, Maybank keeps ‘buy’ at lowered TP

Maybank's Seet has lowered his target price to 8 cents on Marco Polo Marine as the company's 3QFY2024 results missed the mark.

Broker's Calls

Analysts positive on Hyphens Pharma’s expansion into new markets

PhillipCapital and SAC Capital have kept “buy” on Hyphens at unchanged target prices of 35 cents and 38 cents respectively.
 Analysts bullish on Sats, Citi keeps ‘buy’ at raised TP of $3.76 - THE EDGE SINGAPORE

Broker's Calls

Analysts bullish on Sats; Citi keeps ‘buy’ at raised TP of $3.76

The group is enhancing its reputation to beyond that of a baggage handler, with its burgeoning food solutions business.

REITs

Better macro and interest environment to encourage allocations into S-REITs in 2HFY2024, DBS names top picks

The analysts at DBS note that an inflexion point approaches for S-REITs.

Broker's Calls

Analysts keep ‘buy’ on Frencken, optimistic on better 2HFY2024

Frencken's 1HFY2024 earnings of $18 million were in-line with UOB's and Maybank's expectations, but slightly below DBS's.
CGSI keep ‘add’ on Centurion at raised TP of 78 cents following healthy 1HFY2024 - THE EDGE SINGAPORE

Broker's Calls

Analysts see strength in Centurion Corp, keep ‘add’ or ‘buy’ at raised TPs

Analysts at CGSI, RHB and UOBKH have all raised their respective target prices of 78 cents, 76 cents and 85 cents.

Broker's Calls

Analysts mostly keep estimates on UOB after 2QFY2024 core net profit stood within expectations

Analysts have all kept their "buy", "hold" and "sell" calls after UOB's 2QFY2024 results.
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