CIMB Research

SINGAPORE (Sept 25): CIMB Research is upgrading its rating on the Singapore telco sector to “neutral”, from “underweight” previously, as the worst appears to be over – for now.

SINGAPORE (Sept 19): CIMB Research estimates that Sembcorp Marine could bag contracts worth between US$440 million ($592 million) and US$500 million from US gas company SeaOne Holdings.

SINGAPORE (Sept 18): CIMB Research is upgrading its call on Raffles Medical Group (RMG) to “add” from “reduce” with a lower price target of $1.21 from $1.25 previously on the belief that the stock is looking attractive to gain exposure to the grow

SINGAPORE (Sept 14): CIMB Research is maintaining its “neutral” call on the local offshore & marine (O&M) sector after Seadrill filed for Chapter 11 restructuring in the US.

SINGAPORE (Aug 29): CIMB Research is maintaining its “add” recommendation on property developer Guocoland with a higher price target of $2.77 from $2.59 previously.

SINGAPORE (Aug 23): The collective sale of privatised housing estate Normanton Park with a reserve price of $800 million will be closely watched, says CIMB Research.

SINGAPORE (Aug 21): CIMB Research is keeping its “add” call on China Jinjiang Environment (CJE) with an unchanged target price of $1.10, despite lowering its earnings per share (EPS) forecasts.

SINGAPORE (Aug 15): CIMB Research is raising its earnings per share (EPS) forecast for Singapore Airlines (SIA) in FY18F by a hefty 51% on the back of a cyclical upswing in cargo airfreight and a small recovery in business travel.

SINGAPORE (Aug 14): Analysts say continued weakness from ComfortDelGro’s taxi business is putting the brakes on the transport operator’s earnings growth.  

SINGAPORE (Aug 7): DBS Group might have achieved record earnings of $2.35 billion for the first half of 2017 on the back of an 8% increase in 2Q earnings, but analysts are not impressed.