initiation coverage

Lim and Tan Securities initiates coverage on Mermaid Maritime with a 'buy' call and TP of 30 cents, cites multiple drivers.

The company has strong backing from Acer Gaming, and robust cash flow to make strategic growth acquisitions, says UOBKH.

LHN's four new residential properties are expected to provide "solid revenue contribution" in FY22.

DBS says its rating is premised on the stock's "rich valuation" in the face of possible property cooling measures.

Maybank Kim Eng sees Sea as one of the best proxies to ride the Asean digitisation theme.

DBS views the REIT's portfolio provides strong income visibility given its full occupancy and long WALE.

KGI sees iREIT Global geared towards a broad-based European recovery.

DBS believes Aztech is in a "sweet spot" to ride on the fast-expanding IoT market.

UOB Kay Hian's target price of US$5.19 is pegged to its five-year average P/E of 22 times.

SINGAPORE (May 10): CIMB Research is initiating coverage of film/TV production company mm2 Asia with an “add” recommendation and target price of 70 cents, saying the company is poised to ride the rise of China’s film business.