Citi Research

Broker's Calls

Citi downgrades Nanofilm to 'sell' as it sees a 'challenging path ahead' for the group

In Citi's bear case scenario, analyst Jame Osman sees a further 47% downside from Nanofilm's current levels of $1.79 as at Nov 2.
Analysts mixed on Netlink after its 1HFY2023 revenue beats consensus' estimates - THE EDGE SINGAPORE

Broker's Calls

Analysts mixed on Netlink after its 1HFY2023 revenue beats consensus' estimates

Citi has kept its ‘buy’ call days after its upgrade, while DBS has downgraded its call to ‘hold’.
Analysts mixed on SIA following MCB redemptions and ahead of 2QFY2023 results - THE EDGE SINGAPORE

Broker's Calls

Analysts mixed on SIA following MCB redemptions and ahead of 2QFY2023 results

Citi has maintained ‘neutral’ with a lower TP of $5.19 while CGS-CIMB has kept its ‘buy’ call and TP of $6.10.
Analysts positive on Sheng Siong in light of healthy margins for 3QFY2022 - THE EDGE SINGAPORE

Broker's Calls

Analysts positive on Sheng Siong in light of healthy margins for 3QFY2022

The group’s 3QFY2022 results exceeded analysts' expectations, with a revenue and patmi at $333.5 million and $32.8 million

Broker's Calls

Brokers' Digest: SGX, Keppel REIT, CICT, Aztech Global, ThaiBev

See what the analysts have to say this week.
CGS-CIMB upgrades SembMarine to 'add' following revised deal terms while Citi keeps its 'sell' call - THE EDGE SINGAPORE

Broker's Calls

CGS-CIMB upgrades SembMarine to 'add' following revised deal terms while Citi keeps its 'sell' call

UOB Kay Hian has kept ‘buy’ call on SembMarine and sees it returning to profitability in FY2023.
2022 a year of 'higher costs and slower revenue growth' for iFast: analysts - THE EDGE SINGAPORE

Broker's Calls

2022 a year of 'higher costs and slower revenue growth' for iFast: analysts

After a loss-making 2QFY2022, iFast reported net profit of $2.08 million in its 3QFY2022, a 72.6% decrease y-o-y.
Analysts mixed on MLT following 2QFY2023 results amid volatile China outlook - THE EDGE SINGAPORE

Broker's Calls

Analysts mixed on MLT following 2QFY2023 results amid volatile China outlook

Citi analyst Brandon Lee says MLT’s 2QFY2023 results revealed more negatives than positives.

Singapore economy

Further MAS tightening still on the table for April 2023 with core inflation still elevated in September, say analysts

Analysts from OCBC, Citi, UOB and RHB are keeping their predictions of further tightening from the MAS at the next scheduled MPS.
Analysts maintain 'buy' on Keppel REIT with lower TPs following 9MFY2022 results announcement - THE EDGE SINGAPORE

Broker's Calls

Analysts maintain 'buy' on Keppel REIT with lower TPs following 9MFY2022 results announcement

The analysts describe the anniversary distribution as a bold and rare move, especially in such a challenging environment.
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