Broker's Take
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Companies Markets
Brokers' ' take: cavity Funding launches '' hold ' on First Reit with S$ 0.32 target
cavity Funding launched insurance coverage on First Property Investment Company (First Reit) with a “hold” phone call and also a S$ 0.32 target rate. The target rate is acquired making use of the returns discount rate design and also thinks a price of equity of 12.5 percent. In a research study record on Thursday (Feb 24), expert Lam Wang Kwan…
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Companies Markets
Brokers' ' take: Experts elevate Sembcorp targets on solid FY21 outcomes, strong expectation
SEVERAL brokerage firms have actually stated their “get” or “include” calls complying with Sembcorp Industries’ U96 profits for the fiscal year finished Dec 31, 2021, which saw the team record a web earnings of S$ 279 million for the complete year. DBS Team Research Study and also UOB Kay Hian (UOBKH) on Thursday (Feb 24) boosted their target costs to…
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Asean Business
Brokers' ' take: DBS stays favorable on Asean technology plays; leading choice AEM
DOWNSTREAM gamers in the innovation room will likely be the major recipients when today semiconductor as well as parts scarcity begins to alleviate. This is particularly so for Singapore Exchange-listed (SGX) technology plays that were severely struck by the 2021 supply chain problems, stated DBS Team Study in a market note on Thursday (Dec 9). ” Our team believe we…
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Companies Markets
Brokers' ' take: Experts blended on OCBC after Q4 outcomes miss out on agreement
experts are blended on OCBC after the financial institution published a less than anticipated internet revenue as well as profits for Q4 FY2021, listed below agreement assumptions by around 19 percent. In a research study record on Wednesday (Feb 23), Maybank Stocks devalued its phone call OCBC to “hold” from “get” as well as reduced its target cost to S$…
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Companies Markets
Brokers' ' take: RHB upgrades Riverstone to '' neutral ', calls existing evaluation reasonable
RHB on Thursday (Feb 24) updated Riverstone to “neutral” from “market” and also elevated its target rate to S$ 0.74 from S$ 0.65, while keeping in mind that the handwear cover manufacturer’s existing evaluation is reasonable. Riverstone is trading at 16 times the brokerage firm’s price quotes for FY2023 profits, according to its historic standard and also pre-pandemic 5-year mean,…
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Companies Markets
Brokers' ' take: DBS chooses Sea amidst market share competitors with Grab, GoTo
net business Sea will likely get from its expanding shopping as well as shipment services, although at the expense of Grab as well as GoTo, DBS Team Research study claimed. In a record on Thursday (Feb 24), expert Sachin Mittal claimed he declared on Sea’s development capacity, as well as anticipates its Ebitda (revenues prior to rate of interest, tax…
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Companies Markets
Brokers' ' take: RHB downgrades EC Globe Reit to '' neutral '; DBS reduces target
RHB has actually devalued its contact EC Globe Reit to “neutral” from “trading buy” and also reduced its target cost on the property investment company (Reit) to S$ 0.76 from S$ 0.87. In a research study record on Friday (Feb 25), expert Vijay Natarajan stated the Reit’s high return of 8.3 percent and also the 0.8 times cost to publication…
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Asean Business
Vietnam might be area'' s ' brightest celebrity ' in 2022; market development most likely led by financial institutions, retail, power: Maybank
VIETNAM’s economic situation is established for solid development in 2022, improved by a consistent resuming and also big stimulation plan, Maybank Stocks stated on Tuesday (Jan 4). Expert Hoang Huy kept in mind that the vital locations that would certainly increase the Vietnam economic situation were a recuperating residential intake, sped up facilities financial investment, climbing international straight financial investments…
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Companies Markets
Brokers' ' take: CGS-CIMB decreases target on Wilmar; UOBKH, DBS keep '' buy '
CGS-CIMB has actually reduced its target rate on Wilmar International to S$ 5.69 from S$ 6.15 in spite of its record-high web earnings in FY2021. Wilmar on Tuesday (Feb 22) published a 24 percent development in its core web earnings year on year (yoy) to a record-breaking US$ 1.84 billion in FY2021, 16 percent over CGS-CIMB’s quotes. In a study…
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Companies Markets
Brokers' ' take: DBS decreases target on APAC Real estate on reduced incomes, near-term decrease
DBS Team Study has actually preserved its “hold” contact APAC Real estate on Wednesday (Feb 23), with a reduced target cost of S$ 0.67 from S$ 0.88 formerly. This comes in spite of the property providers’s “solid” FY2021 results reported on Tuesday. APAC Real estate saw its incomes dive 11.3 percent to S$ 18.3 million for the 2nd fifty percent…
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