DBS Group Research

Meaningful contributions from new initiatives expected only from FY2025, DBS keeps ‘hold’ on Nanofilm - THE EDGE SINGAPORE

Broker's Calls

Meaningful contributions from new initiatives expected only from FY2025, DBS keeps ‘hold’ on Nanofilm

Despite the update, Sydrogen is still loss-making, only contributing $1.05 million in revenue to Nanofilm's FY2023,

Broker's Calls

DBS picks FCT and DFI as its retail picks ahead of JB-Singapore RTS opening at end 2026

After the opening, analysts estimate an incremental annual retail leakage to JB of $1.5-$2.1 bil in the medium term.

Broker's Calls

Analysts stay ‘neutral’ on plantation sector amid increasing stockpile

La Nina is still a possibility, expected to develop in September to November and persist through 1QFY2025.
Analysts positive on Singtel after India subsidiary raises tariffs to shore up average revenue per user - THE EDGE SINGAPORE

Broker's Calls

Analysts positive on Singtel after India subsidiary raises tariffs to shore up average revenue per user

Maybank has raised its target price to $3.40, while DBS kept it unchanged at $3.50.

Broker's Calls

DBS sees downside to AEM’s FY2024 earnings after proposed disposal of ATECO shares

AEM continues to go through its transitional phase as it disposes of ATECO, DBS keeps ‘hold’ at target price of $1.97.
Analysts maintain 'buy' on ThaiBev following updates, including on long-awaited BeerCo IPO - THE EDGE SINGAPORE

Broker's Calls

Analysts maintain 'buy' on ThaiBev following updates, including on long-awaited BeerCo IPO

DBS analysts believe that the BeerCo IPO is a key share price re-rating catalyst.
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