Citi Investment Research

 Analysts mostly positive on Seatrium despite $264 mil loss in 1HFY2023 - THE EDGE SINGAPORE

Broker's Calls

Analysts mostly positive on Seatrium despite $264 mil loss in 1HFY2023

CGS-CIMB, OCBC and DBS have maintained their “add” and “buy” calls, while Citi is keeping “sell” on Seatrium.
EMA’s energy price cap to have ‘minimal impact’ on Citi’s forecast for Sembcorp - THE EDGE SINGAPORE

Broker's Calls

EMA’s energy price cap to have ‘minimal impact’ on Citi’s forecast for Sembcorp

Citi analyst Jame Osman has reiterated his "buy" rating for Sembcorp with an unchanged TP of $5.98.

Broker's Calls

Pullback in Venture Corp shares overdone, enhanced opportunity to accumulate: Citi

In the medium-term, the analyst sees structural opportunities for the company from supply chain relocation.

Broker's Calls

Digital Connectivity Blueprint potential boon for Netlink NBN Trust

Netlink indicated that its existing passive network could already support 10Gbps.

Broker's Calls

Grab to explore new growth opportunities although geographical expansion unlikely

Heading into 2QFY2023, Grab has seen stronger sequential improvement for both food and ride-hailing businesses.

Broker's Calls

Analysts cheer CapitaLand Ascendas REIT’s strong 1QFY2023 rental reversion

The REIT remains a defensive shelter amid the current market volatility.
Analysts mixed on MPACT's 4QFY2023 results; CGS-CIMB downgrades to 'hold' - THE EDGE SINGAPORE

Broker's Calls

Analysts mixed on MPACT's 4QFY2023 results; CGS-CIMB downgrades to 'hold'

CGS-CIMB analysts have lowered their estimates for MPACT’s FY2024 and FY2025 DPU by 8.9% and 6.2% respectively.

Broker's Calls

Analysts positive on Sembcorp Marine after 'landmark' EUR6 bil renewables contract win

CGS-CIMB and UOB Kay Hian have kept their “add” and “buy” calls, while Citi Research is the only brokerage to keep its "sell" call
Singapore faces uneven recovery in 2023 with impact of China’s reopening still uncertain *updated* - THE EDGE SINGAPORE

Singapore economy

Singapore faces uneven recovery in 2023 with impact of China’s reopening still uncertain

Singapore saw significant sectoral variation in its 4Q2022 GDP performance, and further divergence could lie ahead.
CGS-CIMB and OCBC increase TP for MPACT, maintain 'add' and 'hold' calls - THE EDGE SINGAPORE

Broker's Calls

CGS-CIMB and OCBC increase TP for MPACT, maintain 'add' and 'hold' calls

CGS-CIMB and OCBC raised their TPs to $2.08 and $1.81 from $1.98 and $1.72 previously; Citi has kept 'buy' and a TP of $1.90.
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