CGS CIMB

Broker's Calls

CGS-CIMB lowers TP for Boustead Projects due to escalating cost pressures

CGS-CIMB lowers TP for Boustead Projects due to escalating cost pressures
ISDN Holdings ‘keen on growth’ amid positive industrial automation outlook: CGS-CIMB - THE EDGE SINGAPORE

Broker's Calls

ISDN Holdings 'keen on growth' amid positive industrial automation outlook: CGS-CIMB

CGS-CIMB Group Research analyst William Tng reiterates an “add” call on ISDN Holdings with an unchanged target price of 96 cents

Broker's Calls

Analysts mixed on PropNex with warnings of 'caution ahead'

Analysts are mixed on PropNex due to caution over earnings and effect of property cooling measures

Broker's Calls

CGS-CIMB downgrades Singapore Airlines to 'hold' due to uncertain aviation outlook

CGS-CIMB downgrades SIA from 'buy' to 'hold', citing larger than expected losses and a slow expected recovery.

Broker's Calls

Analysts recommend 'hold' for Singapore banks following MAS cap on dividends

Following MAS’s announcement on capping Singapore banks’ FY20 dividends, analysts have maintained their “hold” or “neutral” recommendations for the shares of DBS Bank, UOB and OCBC.

Broker's Calls

Analysts maintain 'buy' on Ascott Residence Trust but warn of slow recovery

Analysts from DBS, CGS-CIMB and Maybank Kim Eng have maintained their “buy” or “add” calls on Ascott Residences Trust (ART), despite the trust missing their 1H20 earnings target.

Broker's Calls

CGS-CIMB slashes S-REIT growth forecast due to global resurgence of COVID-19 cases

S-REITs growth forecasts cut due to weaker than expected tourist arrivals for 2H20

Investing ideas

Frasers Commercial Trust lifted to 52-week peak amid renewed optimism on the back of Google lease

SINGAPORE (July 3): Frasers Commercial Trust (FCOT) is poised for a turnaround, thanks to tech giant Google.
Property sector kept at 'overweight' by CGS-CIMB as monthly home sales volume picks up in May

Property

Property sector kept at 'overweight' by CGS-CIMB as monthly home sales volume picks up in May

SINGAPORE (June 19): CGS-CIMB Research is maintaining the Singapore property sector at “overweight” following a 28% month-on-month increase in home sales volume in May.
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