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StarHub regaining competitive streak though 2Q performance remains subpar
SINGAPORE (Aug 7): StarHub’s 2Q19 earnings were hit by price erosion in the corporate renewals market as well as promotional discounts dished out to hasten the migration to fibre TV.
August 07, 2019
Broker's Calls
Analysts cautious on Frasers Commercial Trust over Alexandra Technopark overhang
SINGAPORE (Oct 23): RHB is maintaining its "neutral" call on Frasers Commercial Trust (FCOT) while Daiwa and OCBC reiterate their “hold” recommendations following last week's announcement of the trust's 4Q17 results, which came in l
October 23, 2017
Daiwa's strategy for 2017
Singapore banks are scoring straight ‘buy' calls across the board
SINGAPORE (Jan 27): Daiwa Capital Markets is keeping a positive stance on all three of Singapore’s main banks in the near term as it anticipates their earnings per share (EPS) recovery for 2017-18E, driven by the stabilisation of credit costs and modest
January 27, 2017
Daiwa's strategy for 2017
Daiwa sees STI ending at 3,040
SINGAPORE (Jan 20): Daiwa Capital Markets is sticking to its year-end target of 3,040 for the benchmark Straits Times Index with limited upside.
January 20, 2017
Broker's Calls
Raffles Medical’s plans ‘steadily taking shape’ but cost pressures may weigh on profitability
SINGAPORE (Sept 29): Daiwa Capital Markets is keeping its “hold” rating on Raffles Medical Group RMG) at an unchanged target price of $1.57 as the group continues its press ahead with its expansion plans.
September 29, 2016
Broker's Calls
Rights issue likely to boost free float, valuations for Frasers Hospitality Trust
SINGAPORE (Sept 14): Daiwa says the imminent rights issue of Frasers Hospitality Trust (FHT), albeit dilutive, could help to improve its free float and valuations.
September 14, 2016
Broker's Calls
DBS ‘at risk’ exposure remains low
SINGAPORE (Sept 2): Daiwa is reiterating its “buy” call with $22 price target for DBS Group Holdings as the research house believes the street’s post-Swiber earnings per share downgrades are overdone.
September 02, 2016
Autonomous vehicles not (yet) driving taxis out of business
SINGAPORE (Sept 1): Autonomous self-driving vehicles have hit the streets in Singapore with the world’s first public trial run of driverless taxis in August, but taxi drivers can breathe a sigh of relief that their jobs are safe – at least for now.
September 01, 2016
Broker's Calls
No respite for besieged O&M sector
SINGAPORE (Aug 25): Daiwa has maintained its “negative” outlook for the Singapore Offshore & Marine sector, as it turns more bearish than the general consensus on earnings recovery prospects of the Singapore O&M counters.
August 25, 2016
Broker's Calls
Starhub exploring M&As in cyber security, data analytics and IOT
SINGAPORE (Aug 18): Starhub is exploring M&A opportunities to grow its revenue and market share in the enterprise segment. That was what Daiwa analyst Ramakrishna Maruvada found out following a recent visit to the company.
August 18, 2016