RHB Securities

Riverstone is a 'diamond' to have, says RHB - THE EDGE SINGAPORE

Broker's Calls

Riverstone is a 'diamond' to have, says RHB

RHB Securities is initiating coverage on Riverstone Holdings with a ‘buy’ call and target price of $5.45.
Most analysts positive on CMT; but not RHB - THE EDGE SINGAPORE

Broker's Calls

Most analysts positive on CMT; but not RHB

RHB has warned that CMT’s rents will remain under "pressure".
CPO prices could decline in 4Q on weaker demand: RHB - THE EDGE SINGAPORE

Broker's Calls

CPO prices could decline in 4Q on weaker demand: RHB

Crude palm oil (CPO) prices could decline in 4Q on the back of slightly higher inventory levels, warns RHB Securities.
Government measures to prevent economy from contracting by 5.6%, but Singapore still expected to face a full year recession - THE EDGE SINGAPORE

Singapore economy

Government measures to prevent economy from contracting by 5.6%, but Singapore still expected to face a full year recession

Going into FY21, we foresee the fiscal deficit will continue to be impacted by weak operating revenue,” say RHB economists.
Restriction on re-issuing OTP expected to dampen private property market: RHB - THE EDGE SINGAPORE

Broker's Calls

Restriction on re-issuing OTP expected to dampen private property market: RHB

According to URA, the restriction is meant to instill a greater financial discipline in making property purchases.

Investing ideas

Analysts remain cautious on Raffles Medical as it remains infectious from Covid-19

Analysts are maintaining a cautious stance on Raffles Medical Group following the announcement of its 1H2020 results on July 27.

Broker's Calls

China Aviation Oil gets a thumbs-up as air travel resumes

“We remain confident of China Aviation Oil’s return to earnings growth in 2021F,” asserts RHB analyst Shekhar Jaiswal.

Broker's Calls

CGS-CIMB remains neutral on banks following May's modest loan growth

Consumer loans were down 2.8% y-o-y, while business loan growth moderated to +5.4% y-o-y from +8.3% in the previous month.Total loans from the domestic banking unit – which captures lending in all currencies, but mainly reflects Singapore-dollar len

Company in the news

PhillipCapital in talks to acquire RHB Securities Singapore

Prior to this, the biggest move in this industry was when some 100 remisiers from DBS Vickers moved to UOB Kay Hian.
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