1Q18

SINGAPORE (Apr 26): Maybank Kim Eng continues to rate Starhill Global REIT (SG REIT) at “sell” as it finds the units overvalued given a weak Singapore core, despite the underlying sector recovery.

SINGAPORE (Apr 27): RHB is maintaining its “neutral” call on TalkMed Group with a lower target price of 70 cents from 72 cents previously after the group reported a weak 1Q18 set of financial results.  

SINGAPORE (Apr 27): OCBC and CIMB are maintaining their “buy” and “add” calls on Far East Hospitality Trust (FEHT) with a fair value and target price of 73.5 cents and 79 cents, respectively, after its manager on Thursday announced a 1Q18 distribu

SINGAPORE (Apr 26): Yangzijiang Shipbuilding reported earnings of RMB595.1 million ($124.8 million) for the 1Q ended Mar 2018, down 11% from RMB667.7 million a year ago on lower margins and other losses booked over the quarter.

SINGAPORE (Apr 26): AsiaPhos has reversed into the red in 1Q18 with a loss of $0.7 million for 1Q18 compared with earnings of $0.1 million a year ago on lower margins.

SINGAPORE (Apr 26): Citic Envirotech (CEL) reported earnings of $39.3 million for the 1Q ended March 2018, more than doubling from its restated earnings of $16.4 million a year ago on higher revenue.

SINGAPORE (Apr 26): RHB and Maybank Kim Eng are maintaining their "hold” calls on Suntec REIT with target prices of $1.75 and $1.94 respectively, a day after the release of its latest 1Q18 results.

SINGAPORE (Apr 26): The manager of Far East Hospitality Trust (Far East H-Trust) has announced a 1Q18 distribution per stapled security (DPSS) of 0.94 cent, up 1.1% from its DPSS of 0.93 cent a year ago on improved performance across its hotel and service

SINGAPORE (Apr 25): Procurri Corp saw its earnings for 1Q18 grow sixfold to $1 million from $164,000 a year ago on higher revenue which mainly resulted from its higher-margin lifecycle services business segment.

SINGAPORE (Apr 25): Sembcorp Marine announced an 86% fall in earnings for the first quarter ended March from a year ago.