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Broker's Calls
New contract wins fail to boost confidence in Triyards
SINGAPORE (March 15): OCBC is has downgraded its call on offshore and marine (O&M) provider Triyards Holdings to “hold” from “buy” previously, with a lower fair value estimate of 34.5 cents.
March 15, 2017
Broker's Calls
New contract wins fail to boost confidence in Triyards
SINGAPORE (March 15): OCBC is has downgraded its call on offshore and marine (O&M) provider Triyards Holdings to “hold” from “buy” previously, with a lower fair value estimate of 34.5 cents.
March 15, 2017
Broker's Calls
Procurri gets a downgrade following 4Q earnings miss
SINGAPORE (Feb 23): DBS Vickers Securities has downgraded its “buy” call on Procurri Corporation to “hold”, while lowering its target price to 40 cents from 56 cents previously.
February 23, 2017
Australian government to give budget update, top credit rating at risk
SYDNEY (Dec 19): Australia's conservative government will on Monday give an update on the national budget that could trigger a downgrade in the country's prized triple A credit rating and push up borrowing costs on over a trillion dollars of debt.
December 19, 2016
Broker's Calls
SingPost has seen better days, but prospects remain hopeful
SINGAPORE (Nov 8): UOB Kay Hian and OCBC Investment Research have both announced a “hold” recommendation on Singapore Post (SingPost) with a lower target price of $1.76 and a higher fair value of $1.47 respectively.
November 08, 2016
Broker's Calls
Beware the slippages in Keppel T&T’s 3Q earnings: CIMB
SINGAPORE (Oct 21): CIMB has downgraded Keppel Telecommunications & Transportation (Keppel T&T) to "hold" from "add" with a lower target price of $1.77 from $1.83 previously.
October 21, 2016
Should Asian investors shun Singapore?
SINGAPORE (Aug 5): HSBC Global Research is downgrading its view on Singapore’s equities from “overweight” to “neutral”.
August 05, 2016
Fasten your seatbelts, SIA shareholders
SINGAPORE (Aug 2): OCBC is downgrading its “buy” call on Singapore Airlines (SIA) to “hold” with a lower fair value of $11.56 from $12 previously, anticipating a challenging outlook on weakening yields for Singapore’s flag carrier.
August 02, 2016
5 hurdles for SingPost’s FY17 earnings
SINGAPORE (July 25): UOB Kay Hian has downgraded its rating for Singapore Post (SingPost) from “buy” to “hold”, while lowering its target price from $2.25 to $1.64 respectively.
July 25, 2016
Broker's Calls
Wilmar downgraded on 2Q warning
SINGAPORE (July 20): RHB has downgraded commodities trader and distributor Wilmar International to “Neutral”, with a lower target price of $3.28.
July 20, 2016