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Maybank Kim Eng
Broker's Calls
Ascendas REIT remains best proxy to the burgeoning S-REIT space: Maybank
SINGAPORE (April 4): Maybank Kim Eng is remaining “positive” on the Singapore REIT (S-REITs) sector on expectations of continued outperformance, while highlighting Ascendas REIT (A-REIT) as the best proxy to overall recovery across S-REITs.
April 04, 2019
Broker's Calls
Don't chicken out of Japfa over broiler price declines, says Maybank
SINGAPORE (April 2): Maybank Kim Eng is maintaining “buy” on Japfa with an unchanged price target of $1.05 despite recent declines in Indonesian poultry stocks, due to market fears of oversupply after broiler prices declined further in March.
April 02, 2019
Broker's Calls
Intensifying competition, economic slowdown may drag on Sheng Siong's growth: Maybank KE
SINGAPORE (Mar 19): Maybank Kim Eng is starting coverage on Sheng Siong Group (SSG) at “sell” with a target price of 95 cents, which implies 19.5 times FY19F P/E – 1 S.D. below the stocks’ five-year mean.
March 19, 2019
Broker's Calls
Singapore banks to shine despite regional macros, competition from fintechs: Maybank
SINGAPORE (Mar 18): Maybank Kim Eng is keeping “positive” on Singapore’s banking sector while noting significant interest among Malaysian investors in Singapore banks from a flight-to-quality angle, and for their high dividend yields as the SGD appr
March 18, 2019
Broker's Calls
ComfortDelGro started at 'hold' by Maybank with $2.45 target price; says acquisitions are key to re-rating
SINGAPORE (Mar 4): Maybank Kim Eng is starting coverage on ComfortDelGro (CDG) at “hold” with a target price of $2.45.
March 04, 2019
Broker's Calls
5 recommendations by Maybank as the S-REIT space eases into recovery mode
SINGAPORE (Feb 28): Maybank Kim Eng is remaining “positive” on the Singapore REIT space as it believes sector valuations will remain supported by recovering distributions per unit (DPUs), especially for hospitality; increased traction of capital recyc
February 28, 2019
Broker's Calls
Bumitama Agri on track for a better performance in FY19, say analysts
SINGAPORE (Feb 28): Maybank Kim Eng and RHB Research are maintaining their “buy” and “neutral” ratings on Bumitama Agri with higher target prices of 97 cents and 67 cents, respectively.
February 28, 2019
Broker's Calls
Genting Singapore's outlook unmarred by slight earnings disappointment, according to analysts
SINGAPORE (Feb 22): Maybank Kim Eng, OCBC Investment Research, RHB Research and CGS-CIMB Research are maintaining their “buy” calls on Genting Singapore (GENS) with the respective target prices of $1.26, $1.31, $1.22 and $1.28.
February 22, 2019
Broker's Calls
mm2 Asia remains a 'buy' for Maybank despite reduced forecasts on non-operational leakage
SINGAPORE (Feb 21): Maybank Kim Eng is maintaining its “buy” call on mm2 Asia while lowering its target price on the stock to 34 cents from 57 cents previously, after cutting 2019-21E core profit forecasts by 48%, 12% and 9%, respectively.
February 21, 2019
Broker's Calls
Sasseur REIT's strong earnings momentum to continue into FY19: Maybank
SINGAPORE (Feb 20): Maybank Kim Eng is maintaining its “buy” call on Sasseur REIT while leaving its forecasts and target price of 90 cents unchanged.
February 20, 2019