UOB Kay Hian (UOBKH)

Broker's Calls

Analysts keep ‘buy’ on Frencken, optimistic on better 2HFY2024

Frencken's 1HFY2024 earnings of $18 million were in-line with UOB's and Maybank's expectations, but slightly below DBS's.
CGSI keep ‘add’ on Centurion at raised TP of 78 cents following healthy 1HFY2024 - THE EDGE SINGAPORE

Broker's Calls

Analysts see strength in Centurion Corp, keep ‘add’ or ‘buy’ at raised TPs

Analysts at CGSI, RHB and UOBKH have all raised their respective target prices of 78 cents, 76 cents and 85 cents.

Results

UOB Kay Hian reports earnings of $113.9 mil for 1HFY2024, 64.3% higher y-o-y

Revenue was up by 10.2% y-o-y to $317.1 million as all income – except interest income – rose on a y-o-y basis.
Analysts optimistic on CSE Global, all keep ‘add’ or ‘buy’ at raised or unchanged prices - THE EDGE SINGAPORE

Broker's Calls

Analysts optimistic on CSE Global, all keep ‘add’ or ‘buy’ at raised or unchanged prices

Analysts at CGSI, UOBKH and Maybank have all been pleased with CSE Global's 1HFY2024 results, and are upbeat on further earnings.

Broker's Calls

UOBKH downgrades MLT to ‘hold’ after growth deceleration in 1QFY2025 and persistent weak outlook for China

The REIT’s reported DPU for the quarter came in below expectations at 2.068 cents, down 8.9% y-o-y.
UOB Kay Hian raises CICT’s TP to $2.29 following continued enhancement of retail malls  - THE EDGE SINGAPORE

Broker's Calls

UOB Kay Hian raises CICT’s TP to $2.29 following continued enhancement of retail malls

Most notably, CICT’s has commenced its asset enhancement initiatives (AEI) at Level 1 of IMM Building, set for completion in 2025.

Broker's Calls

Analysts mixed on Keppel DC REIT after Japan data centre acquisition

UOB Kay Hian is keeping its “hold call” while Citi keeps its “buy” call.
CGS International maintains ‘add’ call on Singtel with raised TP of $3.30 following positive share price performance - THE EDGE SINGAPORE

Broker's Calls

UOBKH names Singtel as top pick in telco sector, CGSI raises TP to $3.30

Singtel’s share price has increased by 13% m-o-m, alongside other positive developments.
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