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finance companies (fincos)
Broker's Calls
Hong Leong Finance kept at ‘buy’ on new opportunities; M&A potential
SINGAPORE (Aug 10): DBS is maintaining its “buy” on Hong Leong Finance with $3.20 target price given further relaxation of funding and lending rules, as well as M&A newsflow are potential catalysts for stock price re-rating.
August 10, 2017
Broker's Calls
Singapore’s finance rule easing serves up new opportunities to Hong Leong Finance
SINGAPORE (April 28): DBS Vickers Securities is maintaining its “buy” call on Hong Leong Finance with an unchanged target price of $3.20, after the financial company (finco) on Thursday announced a 13.2% on-year growth in 1Q earnings to $16.5 million.
April 28, 2017
Broker's Calls
Why DBS is starting this finco with a ‘buy’
SINGAPORE (April 5): DBS is starting coverage on Hong Leong Finance with a “buy” and target price of $3.20 on possibility of an M&A while new opportunities abound.
April 05, 2017