CIMB Research

SINGAPORE (Dec 11): Analysts are largely positive on the proposed tie-up between ComfortDelGro Corporation and Uber Technologies, even as they await more financial details to emerge pending the completion of the deal.

SINGAPORE (Nov 20): CIMB Research believes all could be well for Singapore companies in 2018, after earnings upgrades continued for the sixth consecutive quarter in 3Q17 despite more misses than beats.

SINGAPORE (Nov 16): A turnaround seems to be on the cards for Singapore Post.

SINGAPORE (Nov 13): CIMB Research is maintaining its “add” call on UMS Holdings while raising its target price to $1.21 from $1.13, as it increases its P/BV multiple to 2.88 times versus 2.8 times previously on higher ROEs.

SINGAPORE (Nov 13): CIMB Research continues to rate Jadason Enterprises at “add” with a lower target price of 11 cents after rolling over its valuation basis to FY19F estimates, still based on 12.34 times P/E – which is 2 s.d. above the average forw

SINGAPORE (Nov 8): CIMB Research is keeping its “hold” recommendation on Singapore Airlines (SIA) despite the group posting a set of stellar results in 2Q17/18 ended September.

SINGAPORE (Nov 8): Analysts are betting on Genting Singapore (GENS) after the integrated resort and casino operator beat 3Q forecasts on the back of growth in both VIP volume and mass market gross gaming revenue (GGR).

SINGAPORE (Nov 7): Maybank Kim Eng and CIMB Research are maintaining their “hold” and “reduce” calls on SIA Engineering (SIA EC) at lower target prices of $3.50 from $3.70 respectively.

SINGAPORE (Nov 3): Analysts are divided over China Aviation Oil (CAO) after the group saw its earnings fall for the first time in 10 quarters in the 3Q ended September.

SINGAPORE (Nov 2): Analysts believe there is still room for OUE Hospitality Trust (OUE HT) to rally, on the back of an anticipated recovery in the Singapore hospitality market.