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DBS Group Research
Broker's Calls
RHB, DBS stay 'buy' as ESR-LOGOS REIT divests seven assets with 'slightly high' discount
“All key metrics, such as weighted average land lease tenures and weighted average lease expiry rates should improve slightly.”
June 26, 2023
Broker's Calls
DBS downgrades Nanofilm to ‘fully valued’ as outlook remains weak
Despite the downgrade, analyst Ling Lee Keng sees Nanofilm’s recovery in the 2HFY2023 as “intact”.
June 24, 2023
Broker's Calls
Brokers' Digest: Sembcorp Industries, Dyna-Mac Holdings, Keppel Infrastructure Trust, Sheng Siong Group, SIA
See what the analysts have to say this week.
June 23, 2023
Broker's Calls
Knee jerk sell-offs for Sembcorp and Keppel ‘overdone’ and presents opportunity to accumulate: DBS
On the morning of June 20, shares in Sembcorp fell by 9% while shares in Keppel fell by 5%.
June 22, 2023
Broker's Calls
DBS convinced of Sembcorp sustaining higher power prices; raises TP
Despite recent share price correction, DBS expects Sembcorp's share price to return to its glory days.
June 21, 2023
Broker's Calls
DBS upgrades Sheng Siong to 'buy' on 'attractive industry dynamics and reasonable valuation'
The group is also deemed as a defensive hedge against a potential recession.
June 20, 2023
Broker's Calls
Higher benchmark rates positive for healthcare service providers amid high inflation and increase in labour costs
The analysts expect longer term margins can be sustained following the MOH's updated benchmarks.
June 19, 2023
Singapore economy
Manufacturing weakness shrinks Singapore economy growth forecast for 2023
Market watchers have reduced their median forecast for manufacturing for the 2023 to a decline of 1.3%.
June 16, 2023
Broker's Calls
Positive development on HPL's development proposal for its Orchard assets could yield 'significant upside' to RNAV: DBS
If approved, the project is likely to require “significant capital expenditure”, says the DBS team.
June 13, 2023
REITs
Internalisation of property management costs may be counter-productive for Sabana REIT, says DBS
Shareholder Quarz Capital had requested that the REIT hold an EGM to remove the REIT’s manager.
June 08, 2023