RHB Group Research

KORE’s operational performance held up well against market challenges, analysts maintain ‘buy’ - THE EDGE SINGAPORE

Broker's Calls

KORE’s operational performance held up well against market challenges, analysts maintain ‘buy’

Keppel Pacific Oak US REIT (KORE) has largely kept in line with analysts expectations, holding up well against market challenges.
Analysts mixed on DFI Retail Group despite return to profitability - THE EDGE SINGAPORE

Broker's Calls

Analysts mixed on DFI Retail Group despite return to profitability

DBS maintains “buy”, and CGS-CIMB and RHB have maintained “hold” and “neutral”, only Citi has upgraded its call to “buy”.

Broker's Calls

RHB keeps CDL Hospitality Trusts 'neutral' amidst a slow recovery

RHB may be upbeat on CDLHT's recovery but spots some bumps up ahead.

Broker's Calls

Analysts keep 'buy' on ThaiBev in anticipation of a consumption recovery; RHB lowers TP to 87 cents

ThaiBev is expected to benefit from Thailand’s economic recovery and the return of tourists from Vietnam and China: analysts

Broker's Calls

Analysts maintain 'buy' on Singtel following positive FY2023 results

‘Buy’ calls around for Singtel following its upbeat FY2023 numbers, as its strategic reset shows results.
Manufacturing contraction year-to-date could see improvement in 2H2023: RHB - THE EDGE SINGAPORE

Broker's Calls

Manufacturing contraction year-to-date could see improvement in 2H2023: RHB

Economist Barnabas Gan has kept his industrial production growth forecast at 0% to 2%, with the balance of risks to the downside.
Core inflation could slow in 2H2023; MAS to hold in Oct meeting: analysts - THE EDGE SINGAPORE

Singapore economy

Core inflation could slow in 2H2023; MAS to hold in Oct meeting: analysts

RHB economist Barnabas Gan expects that core inflation momentum will decline to 0.1% to 0.2% m-o-m in 4Q2023.

Broker's Calls

CLAR's latest acquisitions to reinforce its dominant position: RHB

RHB analyst Vijay Natarajan is upbeat on CLAR’s latest acquisitions
Analysts keep 'buy' for ComfortDelGro but lower TP amid slower recovery - THE EDGE SINGAPORE

Broker's Calls

Analysts keep 'buy' for ComfortDelGro but lower TP amid slower recovery

Analysts say CDG’s 1QFY2023’s net profit was below their expectations, but are showing q-o-q improvements.
Golden Agri's 1QFY2023 earnings 'decent', RHB maintains 'buy' with lower TP of 31 cents - THE EDGE SINGAPORE

Broker's Calls

Golden Agri's 1QFY2023 earnings 'decent', RHB maintains 'buy' with lower TP of 31 cents

The analysts have pared down their FY2023-FY2025 earnings estimates by 10%-13%.
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