Welcome!
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.
October 13, 2016
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
October 10, 2016
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.
October 03, 2016
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.
September 22, 2016
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.
September 20, 2016
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.
September 15, 2016
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.
September 08, 2016
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.
September 05, 2016
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
September 02, 2016
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.
July 22, 2016