Maybank Kim Eng

Maybank Kim Eng has reinitiated coverage of NetLink NBN Trust with a “buy” call, citing less volatile yields compared to telcos and REITs

During the Global Financial Crisis and the Asian Financial Crisis, Maybank Kim Eng analyst Thilan Wickramasinghe notes that the Singapore market crashed by about 60% from start to end. This time round, the market has retreated just over 20% thus far.

Around two thirds of its revenue are from fixed contracts not tied to passenger numbers.

“This will be the highest retrenchments in Singapore’s history since independence – far worse than during the global financial crisis or Asian financial crisis.”

Study the charts, identify a good bargain, and study the company’s fundamentals to determine when your stock price has hit rock bottom, and if it is worth buying in during this time.

SINGAPORE (Jan 30): The Novel coronavirus is expected to infect more people than the SARS outbreak back in 2002-2003 (8,422), but the number of deaths will likely be lower than 774, according to Maybank Kim Eng.