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Lim & Tan Securities
Broker's Calls
Why Lim & Tan is cutting Frasers Logistics to ‘hold’ despite continued growth
SINGAPORE (July 31): Lim & Tan Securities is downgrading Frasers Logistics & Industrial Trust (FLT) to “hold” from “buy”, despite FLT beating its IPO forecast for the fourth consecutive quarter.
July 31, 2017
Broker's Calls
Latest bid to take UE private will most likely fail, says Lim & Tan
SINGAPORE (July 14): Lim & Tan says it does not expect United Engineers to be taken private successfully in the latest offer.
July 14, 2017
Broker's Calls
Monkey business at YuuZoo?
SINGAPORE (July 6): Lim & Tan Securities warns investors should “sell” or “avoid” social media and e-commerce company YuuZoo Corporation despite its depressed stock price.
July 06, 2017
Broker's Calls
Maiden acquisition keeps Frasers Logistics a favourite ‘buy’ pick among brokers
SINGAPORE (June 7): Four brokerages have expressed positive sentiment on news of Frasers Logistics & Industrial Trust’s (FLT) latest announcement of its maiden portfolio acquisition, and are thus unanimously reiterating their recommendations to buy the
June 07, 2017
Broker's Calls
Riverstone gets an upgrade on 1Q earnings surprise
SINGAPORE (May 5): Lim & Tan Securities is upgrading its call on Riverstone Holdings from “hold” to “buy” while upping its 2017 and 2018 net profit forecasts for RM140 million ($45.3 million) and RM 150 million respectively, from RM120 million and
May 05, 2017
Marco Polo Marine sounds profit warning amid cash flow challenges
SINGAPORE (April 19): Marco Polo Marine has issued a profit warning ahead of its second quarter results, according to a report by Lim & Tan Securities.
April 19, 2017
Broker's Calls
SingPost Centre win shows good progress of new recurring income stream
SINGAPORE (March 28): Lim & Tan Securities is maintaining its “buy” call for CapitaLand with $4.15 target price after the developer signed a third-party mall management contract with Singapore Post for its upcoming mall.
March 28, 2017
Broker's Calls
Improved cash flow, upcoming rig acquisitions earn Ezion an upgrade
SINGAPORE (March 8): Lim & Tan Securities is upgrading its rating on Ezion Holdings to “hold” from “reduce” previously, mainly because it is now trading at an improved price-to-book value of 0.58x P/B.
March 08, 2017
Broker's Calls
Time to take profit on OCBC?
SINGAPORE (Feb 14): Lim & Tan Securities is recommending that investors take profit on OCBC, following the 15% run-up in its share price after November.
February 14, 2017
Ezra calls for trading halt amid writedowns at joint venture
SINGAPORE (Feb 2): Ezra Holdings has requested for a trading halt before trading hours on Wednesday, as Chiyoda Corporation and NYK Line issued warnings of one-off write downs against their stakes in Emas Chiyoda Subsea, the subsea joint venture with Ez
February 02, 2017