UOB Kay Hian (UOBKH)

Offshore & Marine

O&M stocks fly the flag following multibillion-dollar contract wins

Singapore-listed O&M stocks surged this past week, driven by strong orders for Seatrium and Yangzijiang Shipbuilding.

Broker's Calls

Rising cost of living has UOBKH keeping its 'buy' call on Sheng Siong Group, after 1QFY2024 results meet expectations

The group’s revenue and earnings of $376m and $36m come from higher comparable same-store sales in Singapore and China.
Analysts raise target prices for Centurion Corp following healthy 1QFY2024 results - THE EDGE SINGAPORE

Broker's Calls

Analysts raise target prices for Centurion Corp following healthy 1QFY2024 results

RHB Bank Singapore and UOB Kay Hian Research have raised their target prices on Centurion following its healthy 1QFY2024 results.

Broker's Calls

Analysts keep 'buy' on Sea after 1QFY2024 revenue and ebitda beat consensus estimates

Sea reported a significant narrowing of losses for Shopee, and management guides for 2H growth.
Analysts keep 'buy' call on ThaiBev despite decline in 1HFY2024 results - THE EDGE SINGAPORE

Broker's Calls

Analysts keep 'buy' call on ThaiBev despite decline in 1HFY2024 results

DBS and UOBKH believe that headwinds will abate and economic activity will recover in 2H2024.

Broker's Calls

Maybank recommends investors ‘wait for better days’ while UOBKH expects Wilmar’s 2QFY2024 earnings to be higher

Maybank has lowered its target price to $3.44 while UOB Kay Hian has kept its target price unchanged at $3.35.

Broker's Calls

UOBKH and Citi are upbeat on the gaming sector following record high earnings from tourism and concerts

UOBKH has a “buy” call on Genting Singapore, while Citi has a “buy” on Las Vegas Sands.
Companies with high cash piles like Genting and YZJ to benefit in 2024 should rates stay higher for a lot longer: UOBKH - THE EDGE SINGAPORE

Broker's Calls

Companies with high cash piles like Genting and YZJ to benefit in 2024 should rates stay higher for a lot longer: UOBKH

Meanwhile, companies with higher net debt to equity ratios may see margin erosion.
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