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Lim & Tan Securities
Broker's Calls
Overseas Education started at 'buy' on stabilising student numbers, interest expense savings
SINGAPORE (May 10): Lim & Tan Securities has started coverage on Overseas Education Limited (OEL) at “buy” with a target price of 48 cents, representing a 60% upside potential from the stock’s 30 cent share price.
May 10, 2019
Broker's Calls
Are there enough positive catalysts for SPH to see share price recovery?
SINGAPORE (Jan 15): UOB Kay Hian is maintaining its “sell” call on Singapore Press Holdings with an unchanged target price of $2.42.
January 15, 2018
Broker's Calls
Brokers see Jumbo weighed down by high expansion costs
SINGAPORE (Nov 27): DBS Group Research is maintaining its “hold” call on restaurant operator Jumbo Group with a lower target price of 61 cents, based on 23 times FY18 earnings pegged to the group's historical average.
November 27, 2017
Broker's Calls
GL kept at ‘buy’ from Lim & Tan as sale of loss-making assets could have upside potential
SINGAPORE (Oct 16): Lim & Tan Securities is maintaining its “buy” recommendation on GL given its undemanding gearing ratio, attractive discount to its asset value, and potential upside from its sale of loss-making assets.
October 16, 2017
Broker's Calls
Lim & Tan expects takeover bid to fail, keeps United Engineers at ‘hold’
SINGAPORE (Aug 16): Lim & Tan Securities is maintaining its “hold” recommendation on United Engineers as it does not expect the takeover offer to succeed.
August 16, 2017
Broker's Calls
Why Lim & Tan is cutting Frasers Logistics to ‘hold’ despite continued growth
SINGAPORE (July 31): Lim & Tan Securities is downgrading Frasers Logistics & Industrial Trust (FLT) to “hold” from “buy”, despite FLT beating its IPO forecast for the fourth consecutive quarter.
July 31, 2017
Broker's Calls
Latest bid to take UE private will most likely fail, says Lim & Tan
SINGAPORE (July 14): Lim & Tan says it does not expect United Engineers to be taken private successfully in the latest offer.
July 14, 2017
Broker's Calls
Monkey business at YuuZoo?
SINGAPORE (July 6): Lim & Tan Securities warns investors should “sell” or “avoid” social media and e-commerce company YuuZoo Corporation despite its depressed stock price.
July 06, 2017
Broker's Calls
Maiden acquisition keeps Frasers Logistics a favourite ‘buy’ pick among brokers
SINGAPORE (June 7): Four brokerages have expressed positive sentiment on news of Frasers Logistics & Industrial Trust’s (FLT) latest announcement of its maiden portfolio acquisition, and are thus unanimously reiterating their recommendations to buy the
June 07, 2017
Broker's Calls
Riverstone gets an upgrade on 1Q earnings surprise
SINGAPORE (May 5): Lim & Tan Securities is upgrading its call on Riverstone Holdings from “hold” to “buy” while upping its 2017 and 2018 net profit forecasts for RM140 million ($45.3 million) and RM 150 million respectively, from RM120 million and
May 05, 2017