Broker's calls

Broker's Calls

RHB to revise 2024 CPO price assumption amid El Niño worries

Demand should come back more significantly in the short term, the analysts highlight.
Analysts lower Wilmar’s TP on lower earnings estimates - THE EDGE SINGAPORE

Broker's Calls

Analysts lower Wilmar’s TP on lower earnings estimates

Wilmar will release its 2QFY2023 results on Aug 11.

Broker's Calls

GoTo's risk-reward balanced, BoFA initiates 'neutral' with TP of IDR125

The analysts find GoTo to be fairly valued, in context of its fundamentals.

Singapore economy

Briefs: Singapore businesses 'unsure', 'pessimistic' on three-year outlook

Other news this week: MAS proposes to increase deposit insurance coverage to $100,000 and more.

Broker's Calls

RHB lowers DBS's TP to $33 amid weak economic outlook

The brokerage prefers UOB amongst the three Singaporean banks.

Broker's Calls

DBS downgrades Nanofilm to ‘fully valued’ as outlook remains weak

Despite the downgrade, analyst Ling Lee Keng sees Nanofilm’s recovery in the 2HFY2023 as “intact”.
UOB Kay Hian re-initiates ‘buy’ on Manulife US REIT with TP of 47 US cents - THE EDGE SINGAPORE

Broker's Calls

UOB Kay Hian re-initiates ‘buy’ on Manulife US REIT with TP of 47 US cents

The "buy" call came as analyst Jonathan Koh sees the negatives as largely priced in within the REIT’s unit price

Broker's Calls

PhillipCapital re-initiates 'reduce' on SIA with TP of $6.80

Analyst Peggy Mak’s target price is based on an FY2024 book value per share of 1.1x.

Broker's Calls

UMS and Rex’s CEOs most overpaid in 2022 relative to their share price performances: UOB Kay Hian

Companies that got the most value out of their CEOs were YZJ, Singtel and SIA.
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