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DBS Group Research
Broker's Calls
Analysts overall positive on UOB after ‘decent’ 2QFY2023 results
Analysts have mostly kept their "add" or "buy" calls except DBS, which has kept its "hold" call.
August 01, 2023
Broker's Calls
DBS maintains 'buy' call on Digital Core REIT despite h-o-h lower DPU of 1.92 US cents
DCREIT’s healthy gearing, ample debt headroom, and its trading at a yield of more than 7.1% are positives to DBS analysts.
August 01, 2023
Broker's Calls
Analysts mostly positive on Seatrium despite $264 mil loss in 1HFY2023
CGS-CIMB, OCBC and DBS have maintained their “add” and “buy” calls, while Citi is keeping “sell” on Seatrium.
August 01, 2023
Broker's Calls
Analysts mixed on DFI Retail Group despite return to profitability
DBS maintains “buy”, and CGS-CIMB and RHB have maintained “hold” and “neutral”, only Citi has upgraded its call to “buy”.
August 01, 2023
Broker's Calls
Depreciating RMB 'throwing salt' on CapitaLand China Trust's 'recovering wounds', 1HFY2023 DPU down 8.8% y-o-y: DBS
Divestment will continue to feature strongly within CLCT’s retail segment among older non-core retail assets, say DBS’s analysts.
August 01, 2023
Broker's Calls
Maybank upgrades AEM to 'hold' after US$20 mil settlement reached with Advantest
The brokerage has also increased its TP to $3.90 from $2.72 previously.
July 31, 2023
Broker's Calls
Lower DPU but positive rental reversions for Mapletree Industrial Trust leave analysts mixed
The trust’s DPU dipped 2.9% y-o-y but rose 1.8% q-o-q to 3.39 cents for the 1QFY2024.
July 31, 2023
Broker's Calls
DBS downgrades Sheng Siong to 'hold' with lower TP of $1.76 despite record quarterly gross margin
The DBS analysts believe they have been too overly optimistic on their earlier FY2023/FY2024 assumptions.
July 31, 2023
Broker's Calls
CapitaLand Ascott Trust 'top pick' of some analysts following 1HFY2023 results, DPS up 19% y-o-y
CLAS’s revenue per available unit (RevPAU) for 2QFY2023 ended June was at 98% of pre-pandemic levels, or 2QFY2019.
July 31, 2023
Broker's Calls
With Hong Kong contribution expected in 2HFY2023, CGS-CIMB upgrades iFast to 'hold' with 40% higher TP
iFast’s 1HFY2023 results were released on July 25. Over the past five days, its shares have risen 79 cents, or 16.42%.
July 28, 2023