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Broker's Calls
CGS-CIMB cuts SingPost target price despite 3Q earnings growth
SINGAPORE (Feb 4): CGS-CIMB Securities is maintaining its “hold” call on Singapore Post (SingPost) while lowering its target price to $1.03 from $1.12 previously, which now implies 19.7 times FY20F P/E.
February 04, 2019
Broker's Calls
Analysts positive on CacheLog Trust amid sector headwinds
SINGAPORE (Jan 28): RHB Research and Maybank Kim Eng are maintain their “buy” ratings on Cache Logistics Trust (CLT) with the respective price targets of 81 cents and 85 cents, after the trust’s 4Q18 DPU dipped 5.9% to 1.502 cents due to lower net p
January 28, 2019
Broker's Calls
OCBC downgrades SATS back to 'hold' due to limited near-term upside
SINGAPORE (Jan 11): OCBC Investment Research is downgrading SATS back to “hold” while raising its fair value to $5.34 from $5.23 previously, after updating its cost of equity (COE) assumptions to factor in its latest share price rally.
January 11, 2019
Broker's Calls
Further acquisition deals, Paragon to serve as key re-rating catalysts for SPH REIT
SINGAPORE (Jan 7): OCBC Investment Research and Maybank Kim Eng are maintaining their “hold” calls on SPH REIT with an unchanged fair value estimate and price target of 99 cents and $1.02, respectively.
January 07, 2019
Broker's Calls
Ascott REIT good for stable income growth, but lacks catalysts: CGS-CIMB
SINGAPORE (Nov 2): CGS-CIMB Securities continues to rate Ascott Residence Trust (Ascott REIT) at “hold” at an unchanged $1.12 target price on limited re-rating catalysts, after the trust’s latest 9M DPU of 5.01 cents came in line with expectations.
November 02, 2018
Broker's Calls
OCBC cuts estimates for Roxy-Pacific despite positive 3Q performance
SINGAPORE (Nov 1): OCBC Investment Research is maintaining its “hold” call on Roxy-Pacific Holdings while revising its fair value downwards to 41 cents from 44 cents previously, after the release of the group’s 3Q18 results on Wednesday.
November 01, 2018
Broker's Calls
Hi-P earnings estimates slashed by DBS due to margin worries from US-China trade war
SINGAPORE (Aug 2): DBS Vickers Securities is maintaining “hold” on Hi-P International with a lower price target of $1.21 compared to $1.80 previously, after cutting FY18F and FY19F earnings by 23% and 29% respectively to account for lower margins.
August 02, 2018
Broker's Calls
Cache Logistics Trust to gain from ARA buyout, but near-term DPU growth remains limited: CGS-CIMB
SINGAPORE (June 26): CGS-CIMB Securities is maintaining its “hold” call on Cache Logistics Trust (CLT) with an unchanged target price of 80 cents.
June 26, 2018
Broker's Calls
Uncertainty looms over Singapore Airlines with mixed operating stats, US-China trade spat: OCBC
SINGAPORE (June 22): OCBC Investment Research is maintaining “hold” on Singapore Airlines (SIA) with unchanged forecasts and a fair value of $11.30, in light of fluid macro conditions and the group’s recent mixed bag of operating statistics.
June 22, 2018
Broker's Calls
Digital ramp-up still key to SPH's medium term success, says OCBC
SINGAPORE (Apr 12): OCBC Investment Research is maintaining its “hold” with a slightly higher fair value of $2.52 from $2.51 previously, after adjusting its assumptions upwards for bottom-line growth contributions from the property segment.
April 12, 2018