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Maybank Kim Eng Research
Broker's Calls
Sheng Siong likely to be hampered by slow supermarket sales, says Maybank
SINGAPORE (Oct 16): Maybank Kim Eng Research is reiterating its “sell” call on mass-market supermarket operator Sheng Siong Group (SSG) with an unchanged target price of 96 cents, on the back of “tepid” supermarket sales.
October 16, 2019
Investing ideas
SPH REIT in need of more accretive acquisitions, analysts say
SINGAPORE (Oct 14): SPH REIT saw its earnings for the FY19 ended August boosted by its two acquisitions in FY18 – The Rail Mall and Figtree Grove Shopping Centre. But analysts say this might not be enough for the REIT to earn a re-rating.
October 14, 2019
Singapore economy
Singapore expected to dodge technical recession in 3Q even as economy stalls
SINGAPORE (Oct 3): Amid a stagnating economy and low core inflation, the Monetary Authority of Singapore (MAS) is widely expected later this month to ease its monetary policy stance for the first time since April 2016.
October 03, 2019
Broker's Calls
Mapletree Commercial Trust cut to 'hold' despite bullish sentiment over MBC acquisition
SINGAPORE (Sept 30): Analysts are bullish on Mapletree Commercial Trust (MCT), after the REIT announced Friday it is acquiring Mapletree Business City (Phase 2) for a total of $1.58 billion.
September 30, 2019
Broker's Calls
Singapore banks poised to deliver dividend yields among highest across region, says Maybank
SINGAPORE (Sept 26): Maybank Kim Eng Research forecasts that the Singapore banks will deliver a dividend yield of 5.2% for FY2020E – among the highest in the region.
September 26, 2019
Broker's Calls
Mapletree Industrial Trust gaining growth momentum with latest US1.4 bil data centre acquisition
SINGAPORE (Sept 19): Mapletree Industrial Trust (MINT) is poised to up its stability and growth following its acquisition of a US$1.37 billion ($1.88 billion) data centre portfolio in North America, says Maybank Kim Eng Research.
September 19, 2019
Investing ideas
Analysts cut ComfortDelGro's earnings forecasts despite positive 2Q results
SINGAPORE (Aug 15): ComfortDelGro Corporation may have posted a positive set of financial results for the 2Q19 ended June. But a peek under the hood reveals that the land transport conglomerate has not been firing on all cylinders.
August 16, 2019
Investing ideas
Will OCBC's interim dividend surprise be enough to snare investors?
SINGAPORE (Aug 6): Oversea-Chinese Banking Corporation (OCBC Bank) surprised market observers with a higher-than-expected interim dividend payout of 25 cents per share for the 1H19 ended June, 25% higher than a year ago.
August 06, 2019
Investing ideas
Lady Luck smiles on Genting Singapore in 2Q but will it be enough to turn the tables?
SINGAPORE (Aug 6): Genting Singapore (GENS) did not disappoint consensus estimates in the 2Q19 ended June. But it remains to be seen how the integrated resort and casino operator will deal with a challenging mass market business, which saw a considerable
August 06, 2019