initiate coverage

Broker's Calls

Negatives of telco wars not yet fully priced in, says Maybank

SINGAPORE (Sept 14): Maybank Kim Eng Research is initiating coverage on the Singapore telecommunications sector with a “negative” rating, backed by its belief that the market has not fully priced in the impending entry of TPG Telecom.

Broker's Calls

Banyan Tree started at ‘buy’ ahead of turnaround

SINGAPORE (Sept 12): UOB Kay Hian is initiating coverage on hospitality giant Banyan Tree Holdings with a “buy” call and a target price of 93 cents, on the back of global tourism growth and economic recovery.

Broker's Calls

ST Engineering started at ‘buy’ on strength on defensive business model

SINGAPORE (Sept 6): RHB Research is initiating coverage on ST Engineering with a “buy” call and a target price of $4.07, on the back of a record-high orderbook.

Broker's Calls

Moya poised to make a splash

SINGAPORE (Sept 4): RHB Research is initiating coverage of Moya Holdings Asia with a “buy” call and a target price of 17 cents – implying an upside of more than 40% from its current trading price.

Broker's Calls

UOB Kay Hian starts Y Ventures at ‘buy’ with explosive growth expected

SINGAPORE (Aug 22): UOB Kay Hian is initiating coverage on e-commerce company Y Ventures Group (YVEN) with a “buy” call and a target price of 28 cents.

Broker's Calls

United Global started on ‘buy’ by SAC

SINGAPORE (June 13): SAC Advisors is initiating coverage on lubricant manufacturer and trader United Global (UTG) with a “buy” call and a target price of 37 cents.

Broker's Calls

CapitaLand Mall Trust started on ‘neutral’ amid structural challenges

SINGAPORE (June 12): Phillip Securities Research is initiating coverage of CapitaLand Mall Trust (CMT) with a “neutral” rating and a target price of $2.01.

Broker's Calls

Maybank starting coverage on this Malaysia hospital operator with ‘buy’ call

SINGAPORE (June 5): Maybank Kim Eng has initiated coverage on Malaysia-based private hospital operator Health Management International (HMI) with a “buy” call and a target price of 84 cents.

Broker's Calls

DBS starts coverage of rising Sunn with ‘buy’ call

SINGAPORE (May 25): DBS Group Research has initiated coverage on precision plastic components manufacturer Sunningdale Tech with a “buy” recommendation.and a target price of $2.62.

Broker's Calls

Cash-rich Kimly started on ‘hold’ by UOB

SINGAPORE (May 17): UOB Kay Hian has initiated coverage of coffee shop operator Kimly with a “hold” call and a target price of 48 cents.
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