Maybank Kim Eng Research

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Far East Hospitality Trust poised to ride sector recovery, analysts say

SINGAPORE (Nov 5): Analysts are bullish on Far East Hospitality Trust (FEHT) amid a recovery in the Singapore hospitality sector.

Broker's Calls

Analysts remain bullish on Manulife US REIT on DPU visibility, potential index inclusion

In its latest earnings call on Monday, MUST noted that the decline was attributable to an enlarged unit base on the back of the issuance of private placement units as well as new units pursuant to a preferential offering - both of which were to partially

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CDL Hospitality Trusts remains top pick despite 3Q DPS dip

SINGAPORE (Nov 4): Analysts from Maybank Kim Eng Research and RHB Group Research are keeping their “buy” recommendations on CDL Hospitality Trusts, despite the REIT stumbling in its recent 3Q19 results.

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Analysts say Japfa poised for turnaround despite dismal 3Q19

Yet, the 3Q19 results were in line with analysts’ consensus expectations. “The weak performance was driven by lacklustre contribution from Japfa Comfeed Tbk (JPFA), whose EBIT declined by 52.2% y-o-y to US$29.8 million,” says DBS Group Research l

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Frasers Hospitality Trust offers 'undemanding valuations' even as Singapore sector sees turnaround, analysts say

SINGAPORE (Nov 1): Analysts believe signs of a bottoming out of Singapore’s hospitality sector could bode well for Frasers Hospitality Trust (FHT), despite continued weakness in Australia.

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Raffles Medical likely to remain range-bound as it finds its footing in China, analysts say

SINGAPORE (Oct 31): Analysts are maintaining their “hold” recommendations on Raffles Medical Group (RMG), after the group posted a 16.9% drop in 3Q19 earnings on the back of gestation losses for its new hospital in Chongqing, China.

Broker's Calls

Analysts lament Starhill Global REIT's weak growth outlook despite 1Q results in line with expectations

SINGAPORE (Oct 31): Market watchers say Starhill Global Real Estate Investment Trust (SGREIT) lacks growth visibility, despite turning in a set of 1Q19/20 results that were in line with consensus expectations.

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Singapore's 5G network plan a buying opportunity for telcos, analysts say

SINGAPORE (Oct 20): Analysts believe that local telecommunications operations could stand to benefit, after the Infocomm Media Development Authority of Singapore announced an additional two localised 5G networks up for grabs.
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