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CGS-CIMB Research
Broker's Calls
Analysts mixed on DFI Retail Group despite return to profitability
DBS maintains “buy”, and CGS-CIMB and RHB have maintained “hold” and “neutral”, only Citi has upgraded its call to “buy”.
August 01, 2023
Broker's Calls
Hospitality S-REITs did not disappoint in 2QFY2023: CGS-CIMB
The 2QFY2023 RevPAR in most geographies were 100% to 127% of 2QFY2019 levels.
August 01, 2023
Broker's Calls
Lower DPU but positive rental reversions for Mapletree Industrial Trust leave analysts mixed
The trust’s DPU dipped 2.9% y-o-y but rose 1.8% q-o-q to 3.39 cents for the 1QFY2024.
July 31, 2023
Broker's Calls
CGS-CIMB keeps 'hold' on GKE Corp despite earnings beat
The brokerage has increased its target price to 7.6 cents from 7 cents previously.
July 31, 2023
Broker's Calls
DBS downgrades Sheng Siong to 'hold' with lower TP of $1.76 despite record quarterly gross margin
The DBS analysts believe they have been too overly optimistic on their earlier FY2023/FY2024 assumptions.
July 31, 2023
Broker's Calls
CapitaLand Ascott Trust 'top pick' of some analysts following 1HFY2023 results, DPS up 19% y-o-y
CLAS’s revenue per available unit (RevPAU) for 2QFY2023 ended June was at 98% of pre-pandemic levels, or 2QFY2019.
July 31, 2023
Broker's Calls
Analysts positive on FCT after 'steady operating metrics' posted in 3QFY2023 business update
CGS-CIMB, Maybank and Phillip Securities have maintained their positive calls with unchanged TPs of $2.62, $2.35 and $2.35.
July 28, 2023
Broker's Calls
With Hong Kong contribution expected in 2HFY2023, CGS-CIMB upgrades iFast to 'hold' with 40% higher TP
iFast’s 1HFY2023 results were released on July 25. Over the past five days, its shares have risen 79 cents, or 16.42%.
July 28, 2023
Broker's Calls
Analysts positive on ESR-LOGOS REIT despite slower macro outlook and near-term challenges
The analysts expect DPU to remain relatively flat before posting a healthy organic growth from FY2025 onwards.
July 28, 2023
Broker's Calls
Brokers' Digest: Hongkong Land, Wilmar, CSE Global, Aztech Global, Sea, MPACT, Far East Hospitality Trust
See what the analysts have to say this week.
July 27, 2023