brokers' calls

Broker's Calls

PhillipCapital highlights Yoma’s response to challenging macro environment in an unrated report

Yoma has been de-gearing its balance sheet, disposing its non-core assets, localising costs as well as rebalancing its headcount.
: RHB continues to like ST Engineering following D’Crypt acquisition - THE EDGE SINGAPORE

Broker's Calls

RHB continues to like ST Engineering following D’Crypt acquisition

ST Engineering announces plans to fully acquire cryptography firm D'Crypt for an initial consideration of $67 million.
With rates poised to dip, time to “invest more” in S-REITs: DBS - THE EDGE SINGAPORE

Broker's Calls

With rates poised to dip, time to 'invest more' in S-REITs: DBS

DBS Group Research is saying that it is time for investors to invest in S-REITs, or invest more.

Broker's Calls

PhilipCapital keeps ‘buy’ on LHN, lowers target price

The PhilipCapital analyst expects another year of growth for LHN in FY2024.

Broker's Calls

TikTok Shop Indonesia's combination with Tokopedia a net negative for Sea's Shopee

Shopee is expected to fight vigorously for market share in Indonesia following the move by TikTok and GoTo.

Broker's Calls

UOB Kay Hian keeps ‘market weight’ on aviation sector, cites Chinese visitor arrival driven-growth

Although the Singapore-China visa-free arrangement could spur the return of Chinese tourists to Singapore it will take time.

Broker's Calls

Keppel Corporation’s acquisition of Aermont Capital ‘checks all boxes’

Keppel Corporation sees minimal overlap between itself and its planned acquisition, Aermont Capital.

Broker's Calls

Citi lowers FLCT's TP to $1.24, cuts FY2024 and FY2025 DPU estimates by 8.4%

The analyst has also introduced FY2026 DPU estimate of 7.55 cents.

Broker's Calls

RHB Bank Singapore expects ST Engineering to sustain full-year DPS of 16 cents

RHB's Jaiswal expects ST Engineering to be able to sustain its full-year dividend per share (DPS) of 16 cents.

Broker's Calls

CGS-CIMB raises StarHub’s TP to $1.19 following lower-than-expected DARE+ investment costs

The analysts see key uncertainties from costs from the ramp-up of newer initiatives and continued DARE+ transformation expenses.
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