DBS Group Research

Broker's Calls

Analysts downbeat on iFast after 1QFY2023 reveals Hong Kong, UK profit drag

iFast recorded patmi of $3 million in 1QFY2023 ended March, up 130% q-o-q but down 48% y-o-y.
DBS downgrades Suntec REIT to 'hold'; analysts see 'mixed performance' from 1QFY2023 results - THE EDGE SINGAPORE

Broker's Calls

DBS downgrades Suntec REIT to 'hold'; analysts see 'mixed performance' from 1QFY2023 results

There is a “sell” call from OCBC Investment Research and two “hold” calls from CGS-CIMB Research and DBS Group Research.
CLSA downgrades CDL to 'sell'; analysts see 'negative knee jerk reaction' in developers' share prices - THE EDGE SINGAPORE

Property

CLSA downgrades CDL to 'sell'; analysts see 'negative knee jerk reaction' in developers' share prices

The 60% ABSD for foreign buyers is believed to be the highest in the world.

Broker's Calls

DBS downgrades OCBC and UOB to 'hold' as it sees 'limited catalysts for now'

DBS's Lim Rui Wen has lowered OCBC and UOB's TPs to $13 and $30.30 respectively.

Broker's Calls

DFI’s standalone business segments worth more than its whole, says DBS

Each of the group’s individual business segments suggests upside of 30% to 110%, according to the analysts’ valuations.
Analysts like Keppel REIT after posting 'positive operating metrics' for 1QFY2023 - THE EDGE SINGAPORE

Broker's Calls

Analysts like Keppel REIT after posting 'positive operating metrics' for 1QFY2023

The REIT recorded a positive rental reversion rate of 9.3% for the 1QFY2023 ended March.
DBS cheers Keppel DC REIT with 'buy' call; OCBC raises fair value  - THE EDGE SINGAPORE

Broker's Calls

DBS cheers Keppel DC REIT with 'buy' call; OCBC raises fair value

PhillipCapital downgraded Keppel DC REIT to 'accumulate' with a lower target price of $2.26.
The pivot in MAS’s policy came as no surprise to most analysts - THE EDGE SINGAPORE

Singapore economy

The pivot in MAS’s policy came as no surprise to most analysts

Some of the analysts have kept their 2023 GDP estimates while others have lowered their full-year expectations.
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