initiate coverage

Broker's Calls

PhillipCapital initiates ‘buy’ on Valuetronics with TP of 61 cents

"We expect a turnaround for Valuetronics after securing four new customers for FY2024/FY2025," says analyst Paul Chew.
CSE’s profitability projected to surge 250% y-o-y in FY2023 on oil & gas upcycle: Maybank Securities - THE EDGE SINGAPORE

Broker's Calls

CSE’s profitability projected to surge 250% y-o-y in FY2023 on oil & gas upcycle: Maybank Securities

Corporate share-buybacks are also a possibility for this “undervalued” counter, says analyst Jarick Seet.

Broker's Calls

Maybank Securities initiates ‘buy’ on LHN Limited with TP of 54 cents

Analysts Li Jialin and Eric Ong see potential in LHN's co-living business.
OCBC Investment Research initiates 'buy' on Keppel Infrastructure Trust with target price of 60.5 cents - THE EDGE SINGAPORE

Broker's Calls

OCBC Investment Research initiates 'buy' on Keppel Infrastructure Trust with target price of 60.5 cents

In analyst Ada Lim's view, acquisitions remain a key growth driver for the trust, which it is well supported to do so.
Maybank initiates 'buy' on GoTo Gojek Tokopedia with TP of IDR153 - THE EDGE SINGAPORE

Broker's Calls

Maybank initiates 'buy' on GoTo Gojek Tokopedia with TP of IDR153

Analyst Etta Putra think GoTo warrants re-rating for its focus on Indonesia, the largest Asean market, among other factors.

Broker's Calls

OCBC Investment Research initiates 'buy' on First REIT, calls it a 'potential defensive addition'

“Based on our fair value, we expect First REIT to return an attractive distribution yield of 9.1% in FY2023,” says analyst Ada Lim

Broker's Calls

SAC Capital starts Uni-Asia Group at 'buy' with TP of $1.20

The analysts see several positive factors including its being well-placed to benefit from the growing shipping market.

Broker's Calls

Maybank initiates 'buy' on Dyna-Mac with TP of 35 cents

“Dyna-Mac is in an enviable position to capture the surge in FPSO demand,” says analyst Jarick Seet.

Broker's Calls

UOB Kay Hian initiates coverage on RH Petrogas with 'buy' call and TP of 25 cents

Analyst Adrian Loh sees several positives on the company, including its "strong execution ability".

Broker's Calls

SCCM initiates ‘buy’ on LHN Logistics with TP of 24 cents

LHN Logistics is currently trading at an attractive FY2024 P/E of 7x with a yield of 6%, according to SCCM's estimates.
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