Maybank Securities

Broker's Calls

Maybank maintains ‘buy’ on Singtel with TP of $3.70

Singtel’s associates’ had mixed results in 2QFY2025.
Analysts bearish on Venture Corp in the near term, Citi downgrades to ‘neutral’  - THE EDGE SINGAPORE

Broker's Calls

Analysts bearish on Venture Corp in the near term, Citi downgrades to ‘neutral’

The analyst at Citi Research has downgraded his call from “buy” to “neutral” at a reduced target price of $14 from $15.70 previously, citing earnings pressures from softer product sales.
Updated version of Singapore's unified QR code, SGQR+, launched by NETS - THE EDGE SINGAPORE

Singapore Fintech Festival 2024

Updated version of Singapore's unified QR code, SGQR+, launched by NETS

This version will go live in 4Q2024, and will see dtcpay, Maribank and Maybank come on board as issuers by 2Q2025.
Analysts see Netlink NBN Trust to benefit from interest rate cycle turns, Citi raises TP to $1.03 - THE EDGE SINGAPORE

Broker's Calls

Analysts see Netlink NBN Trust to benefit from interest rate cycle turns, Citi raises TP to $1.03

Maybank's Saifee notes that the stock has 71% negative correlation to the 10-year US bond yield while its 6% dividend yield remains highly visible and stable.

Broker's Calls

Maybank sees pick up in order wins for CSE Global in 4QFY2024 and FY2025

Analyst Jarick Seet has kept his “buy” call and target price of 60 cents on the company.

Broker's Calls

Maybank and DBS downgrade Aztech Global, expect 4QFY2024 to be slower than 3QFY2024

The majority of Aztech's orders are scheduled for completion in FY2024.

Broker's Calls

CGSI and Maybank unchanged on FEHT following 3QFY2024 results

FEHT's gearing and cost of debt remained stable q-o-q in the 3QFY2024 at 30.8% and 4.1%, respectively.

Broker's Calls

Analysts bullish on CLAR, OCBC increases TP to $3.32

Units in CLAR closed 2 cents lower or 0.73% down at $2.72 on Oct 29.

Broker's Calls

Maybank downgrades StarHub to ‘hold’ as competition remains elevated

The downgrade comes as analyst Hussaini Saifee factors in lower mobile and FBB growth expectations from the telco.
Maybank, CGS International and OCBC have maintained their “buy” calls on Frasers Centrepoint Trust - THE EDGE SINGAPORE

Broker's Calls

Maybank, CGS International and OCBC have maintained their ‘buy’ calls on Frasers Centrepoint Trust

This comes following FCT’s 2HFY2024 announcement released on Oct 25.
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