Welcome!
consumer
Company in the news
Subway said to weigh potential sale that might top US$10 billion
Subway has long been a potential target for private equity firms, as well as other corporations.
January 12, 2023
Currencies
Enjoy Europe without a trip to Changi
The Singapore dollar is now at an all-time high against the euro.
July 21, 2022
Disruption and Digitalisation
How to win Asia-Pacific consumers in the new era
Consumer companies need to be increasingly forward-looking and invest time and effort to anticipate potential disruptions.
December 09, 2021
Deals, joint ventures & alliances
Goldman readies US$30 billion for alternative investments in Asia
Besides investing in enterprise software and financial services technology, Goldman is also betting on consumer and healthcare
November 11, 2021
US economy contracts in 1Q2020, initial data shows
SINGAPORE (April 29): US GDP contracted by 4.8% y-o-y in 1Q2020 according to the "advance" estimate released by the Bureau of Economic Analysis (BEA), and below economists’ expectations of a 4% contraction in the US economy. In the fourth quart
April 29, 2020
Broker's Calls
3 stocks to shop as local consumer sentiment remains benign: RHB
SINGAPORE (Apr 5): RHB Research is maintaining its sector “overweight” on consumer stocks although it cautions of benign consumer sentiment for 2019, with Singaporeans expected to spend more prudently amid an uncertain macroeconomic outlook.
April 05, 2019
Broker's Calls
RHB turns positive on Dairy Farm's valuations after selldown
SINGAPORE (Mar 20): RHB Research is upgrading its call on Dairy Farm from “neutral” to “buy” despite lowering its target price to US$8.25 from US$8.64 previously with the view that long-term investors may look to accumulate the stock at its curren
March 20, 2019
Broker's Calls
Intensifying competition, economic slowdown may drag on Sheng Siong's growth: Maybank KE
SINGAPORE (Mar 19): Maybank Kim Eng is starting coverage on Sheng Siong Group (SSG) at “sell” with a target price of 95 cents, which implies 19.5 times FY19F P/E – 1 S.D. below the stocks’ five-year mean.
March 19, 2019
Broker's Calls
Sheng Siong retains crown as top consumer pick after new store wins
SINGAPORE (Aug 20): RHB Research is highlighting Sheng Siong Group (SSG) as its top consumer cyclical “buy” pick with a higher target price of $1.30 compared to $1.27 previously, upon raising 2019-2020F earnings by 2-3% on larger-than-expected retail
August 20, 2018
Broker's Calls
BreadTalk gets too pricey for RHB's taste; FY18 earnings projected to decline
SINGAPORE (Aug 3): RHB Research is downgrading its call on BreadTalk to “sell” from “neutral” with a lower target price of $1 compared to $1.04 previously, as the research house expects FY18F earnings to decline on rising overhead costs and weaker
August 03, 2018