Daiwa Capital Markets

Broker's Calls

Super Group shares bland on higher raw material prices and volatile forex

SINGAPORE (Oct 13): Daiwa Capital Markets is maintaining its “sell” call of instant coffee manufacturer Super Group with 65 cents target price on doubts of a recovery and lack of earnings visibility.

Broker's Calls

Suspicious transactions a big negative for Keppel

SINGAPORE (Oct 10): Daiwa Capital Markets is maintaining a “hold” call with a higher target price of $5.72 for Keppel Corporation, citing negative impact from the Oct 3 announcement on suspicious transactions associated with the company’s former age

Broker's Calls

Challenging environment keeps Daiwa on toes about Ascendas REIT

SINGAPORE (Oct 3): Daiwa Capital Markets is retaining its ‘hold’ call on Ascendas Real Estate Investment Trust (A-REIT) despite raising its target price to $2.41 from $2.38 previously.

Broker's Calls

SATS not for boarding at present

SINGAPORE (Sept 22): Daiwa Capital Markets is downgrading SATS to a “hold” rating with target price to $5.22 as the stock looks fairly valued after its recent strong performance.

Broker's Calls

Zika outbreak impact ‘insignificant’ for CDL Hospitality Trusts

SINGAPORE (Sept 20): Daiwa Capital Markets is keeping CDL Hospitality Trusts (CD REIT) at “outperform” but lowering its target price marginally to $1.55 from $1.58 due to impact from the Zika outbreak in Singapore.

Broker's Calls

‘Business as usual’ for Ascott REIT post-Brexit

SINGAPORE (Sept 15): Daiwa Capital Markets is keeping its “outperform” rating on Ascott Residence Trust (Ascott REIT) with an unchanged target price of $1.24, amid “business as usual” for the REIT in the UK post-Brexit.

Broker's Calls

Higher 2H earnings in the basket for Sheng Siong?

SINGAPORE (8 Sept): Sheng Siong Group is expected to pick up higher earnings in 2H16 according to Daiwa Capital Markets, which has maintained its “overweight” call in a Thursday report.

Broker's Calls

Keppel banks on multi-disciplinary business to ride downturn

SINGAPORE (Sept 5): Daiwa Capital Markets is maintaining its “hold” recommendation for Keppel Corporation as the group embarks on a multi-business strategy to tide over the oil & gas downturn.

The telco showdown has begun

SINGAPORE (Sept 2): Analysts have begun to price in the real possibility of a fourth telco entering the Singapore market after MyRepublic, AirYotta and TPG Telecom submitted their applications to the Infocomm Development Authority (IDA) on Thursday to bid

Suntec REIT: Not seeing sunshine and rainbows

SINGAPORE (July 22): Market watchers are turning cautious on Suntec Real Estate Investment Trust (Suntec REIT), as it reported an unchanged distribution per unit of 2.5 cents for 2QFY2016.
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