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CGS-CIMB Research
Singapore economy
Betting on a Singapore swing
REITs are expected to be a favourite with brokerages this year on the back of anticipated rate cuts.
January 11, 2024
Broker's Calls
Brokers' Digest: Parkway Life REIT, Cromwell European REIT, United Hampshire US REIT, Raffles Medical, Yoma Strategic
See what the analysts have to say this week.
January 11, 2024
Broker's Calls
CGS-CIMB upgrades SIA to ‘add’ on expected strong results for 2HFY2024
Analyst Raymond Yap has also upped his target price to $6.91 as he sees re-rating catalysts for the airline.
January 10, 2024
Broker's Calls
CGS-CIMB initiates coverage on Cromwell European REIT, has 'add' call with TP of EUR2.15
Analysts say that CEREIT has clear divestment and redevelopment strategies in place to unlock deep value.
January 09, 2024
Broker's Calls
CGS-CIMB ups TDCX’s target price to US$6.60 after privatisation offer
While the proposal is non-binding in nature, analysts Ong Khang Chuen and Kenneth Tan see that a deal is likely.
January 06, 2024
Singapore economy
Manufacturing recovery to help lift Singapore’s 2024 GDP but humps aplenty
Based on the advanced estimates released by the MTI on Jan 2, Singapore’s 4Q2023 GDP grew by 2.8% y-o-y and 1.7% q-o-q.
January 04, 2024
Broker's Calls
Analysts keep TPs and estimates despite Seatrium’s project cancellation
The cancellation may negatively impact Seatrium's share price despite the relatively small contract compared to its order book.
January 04, 2024
Broker's Calls
Brokers' Digest: ThaiBev, ComfortDelGro, IREIT Global, Daiwa House Logistics Trust, Uni-Asia Group
See what the analysts have to say this week.
January 04, 2024
Broker's Calls
Analysts like ThaiBev’s prospects after Thai government approved tax cuts on alcoholic beverages
Analysts have kept their target price estimates, which range from 56 cents to 72 cents.
January 03, 2024
Asean
'Dark horse' Asean to see key transitions and improved prospects in 2024
Asean is the fifth-largest economy in the world, with a combined GDP of around US$3.7 trillion ($4.97 trillion).
December 20, 2023