OCBC Investment Research (OIR)

Analysts mostly neutral on Mapletree Commercial Trust’s 1QFY21/22 performance - THE EDGE SINGAPORE

Broker's Calls

Analysts mostly neutral on Mapletree Commercial Trust’s 1QFY21/22 performance

MCT's 1QFY21/22 NPI of $96.9 mil was in line with analysts' expectations.
Analysts split on SIA Engineering as reopening lags, potential M&A 'exciting' - THE EDGE SINGAPORE

Broker's Calls

Analysts split on SIA Engineering as reopening lags, potential M&A 'exciting'

In March, SIA Engineering signed a memorandum of understanding to explore acquisition of SR Technics Malaysia.
Analysts mixed on FCT's performance after 3Q21 update - THE EDGE SINGAPORE

Broker's Calls

Analysts mixed on FCT's performance after 3Q21 update

Analysts from CGS-CIMB and RHB think that FCT's Central Plaza could be a potential candidate for divestment.
CGS-CIMB keeps 'add' on SATS on its benefitting from the reopening of Changi in FY2022 - THE EDGE SINGAPORE

Broker's Calls

Analysts remain positive on SATS on its benefitting from the reopening of Changi in FY2022 and improving operating stats

SATS' 1QFY2022 earnings of $6.4 million surpassed CGS-CIMB's earnings estimates of $4.4 million.
Analysts remain neutral on MLT despite DPU growth in 1Q22 - THE EDGE SINGAPORE

Broker's Calls

Analysts remain neutral on MLT despite DPU growth in 1Q22

Analysts from OCBC and UOB Kay Hian have also kept their TPs at $2.10 and $2.08 respectively.
Tiger Brokers to offer China-focused Lion-OCBC ETF on its platform - THE EDGE SINGAPORE

Fintech

Tiger Brokers to offer China-focused Lion-OCBC ETF on its platform

Investors on Tiger Trade will be able to subscribe for units in the ETF between July 15 to noon on July 27.
Lion Global and OCBC Securities to list Singapore's first China-focused ETF with annual dividends - THE EDGE SINGAPORE

China Focus

Lion Global and OCBC Securities to list Singapore's first China-focused ETF with annual dividends

The initial offering period begins July 12 and ends on July 28 with an issue price of $2 per unit.
Analysts bearish on Sembcorp Marine following merger and rights issue announcement - THE EDGE SINGAPORE

Broker's Calls

Analysts bearish on Sembcorp Marine following merger and rights issue announcement

While positive on the merger with Keppel O&M, analysts are pessimistic on SembMarine's short-term challenges.
Analysts cheer merger between Keppel and SembMarine with TP estimate on Keppel of at least $6.20 - THE EDGE SINGAPORE

Broker's Calls

Analysts cheer merger between Keppel and SembMarine with TP estimate on Keppel of at least $6.20

Analysts from DBS and UOB Kay Hian have kept "buy" on Keppel Corp while OCBC has upgraded Keppel Corp to "buy" from "hold".

Broker's Calls

Opportunities for certain REITs bode well for Keppel DC REIT, A-REIT, FLCT and MLT: OCBC

The team is also positive on CapitaLand, CICT and FCT.
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