DBS Vickers Securities

Telco sector likely to stay 3-player market; M1 to gain most

SINGAPORE (July 7): DBS Vickers Securities is reiterating its “buy” call on M1, switching the local telco’s previous target price of $2.60 to a bull-case estimate of $3.30 with confidence that the probability of a new mobile entrant is declining.
United Oil

IPO

8 reasons to like United Global’s Catalist listing

SINGAPORE (July 5): United Global, the lubricant maker and trader for the automotive, industrial and marine industries, is expected to be listed on the Catalist board on Friday.
Del Monte Pacific Limited logo

Broker's Calls

5 things you need to know about Del Monte Pacific’s FY16 earnings: DBS

SINGAPORE (June 30): DBS Vickers Securities is keeping Del Monte Pacific (DMPL) on “hold” but lowered its target price to 37 cents from 39 cents due to reduced earnings forecasts.
Wilmar International

Broker's Calls

Wilmar emerges as sole plantation ‘buy’ for DBS, despite bearish view on CPO prices

SINGAPORE (June 16): DBS Vickers Securities has upgraded Wilmar International from its previous “hold” rating to “buy” with a target price of $3.76.
Keppel Corporation

Keppel poised for first big order this year: media reports

SINGAPORE (June 14): Local media reports that Keppel Corp. is close to winning a contract that is likely valued at US$500 million ($678 million) from Repsol.
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