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.

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.

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.

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

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

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.

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.

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.

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.

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
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