CGS-CIMB Research

Morgan Stanley's offer 'opportunistic', 'significantly undervalues' APAC Realty: analysts - THE EDGE SINGAPORE

Broker's Calls

Morgan Stanley's offer 'opportunistic', 'significantly undervalues' APAC Realty: analysts

“We believe the offer price is low and significantly undervalues APAC Realty’s long-term potential.”

Broker's Calls

Analysts positive on Keppel REIT as it sees strong start to FY2022

As at 5.12pm, KREIT is trading at 2 cents up or 1.68% higher at $1.21 at a FY2022 P/B ratio of 0.92x and dividend yield of 4.87%
Analysts downgrade MNACT to 'hold' as current share price reaches cash offer price - THE EDGE SINGAPORE

Broker's Calls

Analysts downgrade MNACT to 'hold' as current share price reaches cash offer price

CGS-CIMB has kept its TP at $1.13, while Citi has upped its TP to MCT's offer price of $1.195.
CGS-CIMB keeps 'add' on Keppel DC REIT in spite of 'minor near-term hiccup' - THE EDGE SINGAPORE

Broker's Calls

CGS-CIMB keeps 'add' on Keppel DC REIT in spite of 'minor near-term hiccup'

CGS-CIMB has kept "add" on the REIT with an unchanged target price of $2.62.
Analysts largely positive on Aztech Global on strong orderbook to tide through uncertainties - THE EDGE SINGAPORE

Broker's Calls

Analysts largely positive on Aztech Global on strong orderbook to tide through uncertainties

Analysts are positive about Aztech Global which saw a strong orderbook to tide through uncertainties
Analysts keep NODX estimates for 2022 unchanged amid easing NODX growth in March - THE EDGE SINGAPORE

Singapore economy

Analysts keep NODX estimates for 2022 unchanged amid easing NODX growth in March

Maybank Securities is keeping its NODX growth forecast at 4%-6%; OCBC's is unchanged at 4%-8%; UOB's forecast remains at 2.0%.

Broker's Calls

CDL, Ho Bee Land, UOL Group among analysts' top picks in Singapore property sector

Shares in CDL, Ho Bee Land and UOL Group closed $8.21, $3.06 and $7.22 respectively on April 7.

Broker's Calls

CGS-CIMB highlights AEM as ‘top pick’ for semicon sector

As Intel rolls out its product roadmap and semicon sales increase, CGS-CIMB sees AEM as a beneficiary.
CGS-CIMB lifts Yangzijiang's TP to $2.41 as wait for listing of spin-off group is over - THE EDGE SINGAPORE

Broker's Calls

CGS-CIMB lifts Yangzijiang's TP to $2.41 as wait for listing of spin-off group is over

In their report, CGS-CIMB analysts Lim Siew Khee and Isabella Tan say they expect the spin-off to be listed by the end of April.
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