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DBS Group Research
Broker's Calls
Analysts mixed on DFI Retail Group despite return to profitability
DBS maintains “buy”, and CGS-CIMB and RHB have maintained “hold” and “neutral”, only Citi has upgraded its call to “buy”.
August 01, 2023
Broker's Calls
Depreciating RMB 'throwing salt' on CapitaLand China Trust's 'recovering wounds', 1HFY2023 DPU down 8.8% y-o-y: DBS
Divestment will continue to feature strongly within CLCT’s retail segment among older non-core retail assets, say DBS’s analysts.
August 01, 2023
Broker's Calls
Maybank upgrades AEM to 'hold' after US$20 mil settlement reached with Advantest
The brokerage has also increased its TP to $3.90 from $2.72 previously.
July 31, 2023
Broker's Calls
Lower DPU but positive rental reversions for Mapletree Industrial Trust leave analysts mixed
The trust’s DPU dipped 2.9% y-o-y but rose 1.8% q-o-q to 3.39 cents for the 1QFY2024.
July 31, 2023
Broker's Calls
DBS downgrades Sheng Siong to 'hold' with lower TP of $1.76 despite record quarterly gross margin
The DBS analysts believe they have been too overly optimistic on their earlier FY2023/FY2024 assumptions.
July 31, 2023
Broker's Calls
CapitaLand Ascott Trust 'top pick' of some analysts following 1HFY2023 results, DPS up 19% y-o-y
CLAS’s revenue per available unit (RevPAU) for 2QFY2023 ended June was at 98% of pre-pandemic levels, or 2QFY2019.
July 31, 2023
Broker's Calls
With Hong Kong contribution expected in 2HFY2023, CGS-CIMB upgrades iFast to 'hold' with 40% higher TP
iFast’s 1HFY2023 results were released on July 25. Over the past five days, its shares have risen 79 cents, or 16.42%.
July 28, 2023
Broker's Calls
Analysts positive on ESR-LOGOS REIT despite slower macro outlook and near-term challenges
The analysts expect DPU to remain relatively flat before posting a healthy organic growth from FY2025 onwards.
July 28, 2023
Broker's Calls
Brokers' Digest: Hongkong Land, Wilmar, CSE Global, Aztech Global, Sea, MPACT, Far East Hospitality Trust
See what the analysts have to say this week.
July 27, 2023
Broker's Calls
DBS maintains ‘buy’ on HPHT as dividend yields stay attractive despite 1HFY2023 underperformance
DBS analysts Paul Yong and Tabitha Foo have lowered their TP for HPHT to 32 cents from 37 cents previously.
July 27, 2023