KGI Securities

KGI Securities analyst Joel Ng, on the other hand, has downgraded the stock to “neutral” due to the company’s strong 1H20 results being already priced in its current valuations.

KGI Securities has initiated coverage on ISDN holdings with an “outperform” recommendation and a target price of 42 cents. This is due to strong growth in the robotics industry and a surprise profit announcement

Chinese real estate developer Yanlord Land Group Limited is “red hot”, and if its pre-sale figures are anything to go by, the company is on its way to exceeding a RMB 70 billion ($13.92 billion) sales target, says KGI Securities.

“The markets hate uncertainty, and until a medication or vaccine is developed to fight the coronavirus outbreak, Covid-19 will be an overhang on the economy,” says the KGI team. “In a nutshell, we are taking a firm view to buy in April and not look back."

According to KGI analyst Chen Guangzhi, Asian markets could well enter a recession earlier than developed countries as investors shy away from emerging markets.

The offshore and marine (O&M) sector has struggled with a string of macroeconomic uncertainties related to the US-China trade tensions and Brexit, but these have since been overshadowed by the Covid-19 outbreak. KGI analyst Joel Ng iden

SINGAPORE (Nov 25): KGI Securities is initiating coverage on EC World REIT (ECW) with an “outperform” recommendation and a target price of 84 cents – representing a total upside of more than 23%, including a divided yield forecast of 9.1% for FY20.

SINGAPORE (Nov 20): KGI Securities is upgrading ComfortDelGro Corporation to “outperform” after recent share price weakness that has seen the counter plunge from its recent peak in July.

SINGAPORE (Oct 7): Property group Hongkong Land has climbed into KGI Securities' high dividend watchlist after a recent sell-off, as the research house made "key changes" to its watchlist.