Far East Hospitality Trust

Broker's Calls

UOBKH adds SIA Engineering, Singtel, Food Empire, Frencken and Far East Hospitality Trust to November alpha picks

In October, the team’s alpha picks fell by 4.6% m-o-m due to poor investor sentiment although it still outperformed the benchmark.

Tourism

Bernie swings into town

Investing in hospitality stocks could be like winning the race built by an old man.

Broker's Calls

Analysts positive on FEHT after recent divestment of Central Square

DBS has raised its target price, while CGS-CIMB kept theirs unchanged.
UOB Kay Hian maintains ‘buy’ call on Far East Hospitality Trust on the back of recovery   - THE EDGE SINGAPORE

Broker's Calls

UOB Kay Hian maintains 'buy' call on Far East Hospitality Trust on reopening of borders in 4Q21

UOB Kay Hian analyst Jonathan Koh has given a TP estimate of 71 cents with an unchanged DPU forecast.
CGS-CIMB maintains 'add' on FEHT despite weaker 1H21 showing  - THE EDGE SINGAPORE

Broker's Calls

CGS-CIMB maintains 'add' on FEHT despite weaker 1H21 showing

CGS-CIMB has maintained their “add” rating and target price of 74.5 cents on FEHT despite its weaker showing in 1H21
STI continues upward trajectory in April, but Covid-19 measures may pose setback in May: analysts - THE EDGE SINGAPORE

Broker's Calls

STI continues upward trajectory in April, but Covid-19 measures may pose setback in May: analysts

DBS believes the STI is poised for a pullback in the near term.
Hotel plays stabilise as STI stalls temporarily - THE EDGE SINGAPORE

Right Timing

Hotel plays stabilise as STI stalls temporarily

Hotel plays have strengthened. On Mar 17, Moody's indicated that hospitality REITs had sufficient cash to ride through 2021.
Positive vaccine news sees underperformers rebound  - THE EDGE SINGAPORE

Broker's Calls

Positive vaccine news sees underperformers rebound

UOB KayHian analyst Adrian Loh urges investors to buy into blue chips with strong financials and dividend-paying ability.
Far East Hospitality Trust bolstered by transient demand and its master lease: Maybank - THE EDGE SINGAPORE

Broker's Calls

Far East Hospitality Trust bolstered by transient demand and its master lease: Maybank

Occupancy improved y-o-y to 97.3% from 92.3%, supported by contracts from government agencies as isolation facilities.

REITs

DPUs fall as REITs retain income available for distribution

Retail sales were struggling even before “circuit breaker” measures were implemented on April 7.
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