DBS Vickers Securities

SINGAPORE (July 3): DBS is reiterating its “buy” call on Yangzijiang Shipbuilding (YZJ) with an unchanged target price of $1.82, which translates to 1.25 times price-to-book value (P/BV), approximately 0.4 standard deviation points below the historica

SINGAPORE (June 18): DBS Vickers Securities is reiterating its “buy” call on APAC Realty with a lower target price of $1.22 compared to $1.32 previously, after accounting for the group’s partial debt financing for its new office building based on DC

SINGAPORE (May 9): DBS Vickers Securities is maintaining its “buy” call on BreadTalk Group while lower its target price on the counter from $2.05 to $1.98 after factoring in higher interest costs from increased borrowings due to the group’s ongoing

SINGAPORE (Apr 30): DBS Vickers Securities is maintaining its “buy” call on Mapletree Industrial Trust (MIT) with a target price of $2.22, which has yet to price in the REIT’s potential acquisition of a warehouse at 7 Tai Seng Drive for $68 million

SINGAPORE (Apr 26): RHB and Maybank Kim Eng are maintaining their "hold” calls on Suntec REIT with target prices of $1.75 and $1.94 respectively, a day after the release of its latest 1Q18 results.

SINGAPORE (Apr 17): OCBC Investment Research and Phillip Capital are reiterating their “hold” and “neutral” calls on Keppel DC REIT with a fair value estimate and target price of $1.50 and $1.47, respectively.

SINGAPORE (Apr 9): CIMB, Maybank Kim Eng and OCBC are reiterating their “hold” calls on SPH REIT with unchanged target prices and a lower fair value of $1.06, $1 and $1.02, respectively.

SINGAPORE (Feb 23): DBS and OCBC are maintaining their “buy” calls on Sheng Siong following the supermarket operator’s release of its latest 4Q results, which brings FY17 earnings to a total of $69.8 million, up 11.4% from $62.7 million in FY16.

SINGAPORE (Feb 20): Maybank is maintaining its “buy” call on Jumbo with an unchanged price target of 70 cents even after the group’s 1Q18 earnings came in below expectations at only 12% of the research house’s FY18E forecasts and at 13% of consens

SINGAPORE (Feb 6): DBS Vickers Securities is maintaining its “hold” call on Hutchison Port Holdings Trust (HPHT) with an unchanged target price of 39 US cents (51 cents), which is based on a discounted cash flow valuation framework with a 7.4% weighte