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DBS Vickers Securities
Broker's Calls
Chip Eng Seng's HDB project provides earnings visibility well into 2021
SINGAPORE (Feb 1): DBS Vickers Securities is maintaining its “buy” call on Chip Eng Seng with a target price of $1.18 after the group announced its construction net order book had hit about $626.5 million, boosted by the award of a $168 million contra
February 01, 2018
Broker's Calls
Investors urged to look beyond Keppel's 4Q loss as group is now 'out of the woods'
SINGAPORE (Jan 26): OCBC Investment Research and DBS Vickers Securities are maintaining their “buy” recommendations on Keppel Corporation (Keppel) with a fair value and target price of $9.45 and $10.20, respectively.
January 26, 2018
Broker's Calls
Does Suntec REIT's rally have legs?
SINGAPORE (Jan 25): DBS Vickers Securities is reiterating its “buy” call on Suntec REIT with an unchanged target price of $2.30 after its manager on Wednesday posted a 4Q distribution per unit (DPU) of 2.604 cents, in line with expectations.
January 25, 2018
Broker's Calls
Faster-than-expected acquisitions a 'live possibility' for First REIT
SINGAPORE (Jan 18): CIMB is reiterating its “hold” call on First REIT with a higher target price of $1.44 from $1.39 previously after its manager declared a FY17 distribution per unit (DPU) of 8.47 cents, in line with the research house’s expectatio
January 19, 2018
Broker's Calls
Latest China expansion plans make Perennial an even better 'buy': DBS
SINGAPORE (Jan 4): DBS Vickers Securities is reiterating its “buy” on Perennial Real Estate Holdings with a $1.05 price target given the research house is positive on its medium- to long-term development plans.
January 04, 2018
Broker's Calls
This cash-rich infrastructure stock may see its earnings double in FY18
SINGAPORE (Dec 6): DBS Vickers Securities expects construction company Hock Lian Seng to see a near-doubling of earnings in FY18 to $27 million from $13.8 million in FY17 on the back of strengthening order book momentum.
December 06, 2017
Broker's Calls
Manulife US REIT kept at 'buy' on expectations of rising rents & stable capital values
SINGAPORE (Nov 29): DBS Vickers Securities is reiterating its “buy” call on Manulife US REIT with a lower target price of 99 US cents ($1.33) compared to US$1.07 cum rights.
November 29, 2017
Broker's Calls
Brokers see Jumbo weighed down by high expansion costs
SINGAPORE (Nov 27): DBS Group Research is maintaining its “hold” call on restaurant operator Jumbo Group with a lower target price of 61 cents, based on 23 times FY18 earnings pegged to the group's historical average.
November 27, 2017
Broker's Calls
SingPost off to a good start, shows signs of a turnaround
SINGAPORE (Nov 17): DBS Vickers Securities is maintaining its “hold” call on Singapore Post (SIngPost) with a lower target price of $1.23 compared to $1.26 previously to imply a yield of about 2.7%.
November 17, 2017
Broker's Calls
Outlook remains sunny for Sunningdale despite forex loss, says DBS
SINGAPORE (Nov 10): DBS continues to like Sunningdale Tech for its advanced manufacturing capabilities, global manufacturing footprint and scale, even as the group’s recent headline numbers for 3Q17 missed expectations on foreign exchange (forex) losses
November 10, 2017