PhillipCapital

Broker's Calls

PhillipCapital highlights Yoma’s response to challenging macro environment in an unrated report

Yoma has been de-gearing its balance sheet, disposing its non-core assets, localising costs as well as rebalancing its headcount.

Broker's Calls

PhillipCapital maintains 'buy' for Elite Commercial REIT after news of GBP28mil raise through preferential offering

Analyst Liu Miaomiao has factored in transitions into calculations, maintains forecast with target price of 0.36 GBP pence.

Broker's Calls

Hospitality and retail S-REITs preferred amid tailwind from expectations of rate cuts: PhillipCapital

Analyst Darren Chan says now is an “opportune time” for investors to reposition themselves into the sector.

Broker's Calls

PhillipCapital and CGS-CIMB analysts lower target price for NYSE-listed TDCX, following drag from largest customer Meta

PhillipCapital and CGS-CIMB have target prices of US$8.60 and US$6.20, and “buy” and “hold” calls respectively.

Broker's Calls

Silverlake Axis boasts robust pipeline

Silverlake Axis 1QFY2024 earnings of RM48.9 million ($14.4 million) are its highest when compared to the three previous quarters.
Increased regional competition and spending by Sea has PhillipCapital and Maybank lowering TP to US$61 and U$62 - THE EDGE SINGAPORE

Broker's Calls

Increased regional competition and spending by Sea has PhillipCapital and Maybank lowering TP to US$61 and U$62

Sea is gaining market share against competitors, but has come at a cost of profitability.

SPACs

PhillipCapital recommends VTAC’s shareholders vote in favour of 17LIVE acquisition

The team adds that VTAC’s shareholders should fully redeem their shares at the redemption price range of $5 to $5.02 per share.

Broker's Calls

Brokers’ Digest: StarHub, Nanofilm, ST Engineering, FHT, Sats

See what the analysts have to say this week.

Broker's Calls

UOB Kay Hian upgrades Valuetronics to ‘buy’ with TP of 72 cents; PhillipCapital ups TP to 70 cents

Valuetronics has reported earnings of HK$82.1 million ($14.3 million) for the 1HFY2024 ended Sept 30, 42% higher y-o-y.
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