pre-Covid-19

CDL reports global occupancy of 36.8% and global RevPAR of $44.6 in 1Q business update - THE EDGE SINGAPORE

Results

CDL reports global occupancy of 36.8% and global RevPAR of $44.6 in 1Q business update

As at March 31, CDL’s net gearing ratio stood at 65% with interest cover at 7.7 times.
SIA group passenger capacity down 56.3% y-o-y for March 2021 - THE EDGE SINGAPORE

Aviation & Engineering

SIA group passenger capacity down 56.3% y-o-y for March 2021

SIA says it remains “hopeful” for a measured recovery in demand for international air travel.
FCT to continue delivering a potent mix of growth and stability, says DBS - THE EDGE SINGAPORE

Broker's Calls

FCT to continue delivering a potent mix of growth and stability, says DBS

DBS Group Research remains positive on the counter with an unchanged ‘buy’ rating and target price of $3.
Lendlease Global Commercial REIT announces DPU of 2.34 cents for 1HFY2021 - THE EDGE SINGAPORE

Results

Lendlease Global Commercial REIT announces DPU of 2.34 cents for 1HFY2021

Tenant sales and footfall at 313@Somerset have recovered to approximately 75% and 60% of pre-Covid levels
Vicom's FY2020 earnings down 13.8% to $24.5 mil; to pay final dividend of 6.22 cents - THE EDGE SINGAPORE

Results

Vicom's FY2020 earnings down 13.8% to $24.5 mil; to pay final dividend of 6.22 cents

Vicom plans to pay a first and final dividend of 6.22 cents per share, vs final 6.07 cents, adjusted, paid for FY2019
RHB sees 'brighter path ahead' for Venture Corp  - THE EDGE SINGAPORE

Broker's Calls

RHB sees 'brighter path ahead' for Venture Corp

RHB Group Research has maintained their “buy” call on Venture Corp and an unchanged target price of $22.60.
SIA operating statistics offers 'little to cheer', 3Q21 likely to remain in the red: UOB Kay Hian - THE EDGE SINGAPORE

Broker's Calls

SIA operating statistics offers 'little to cheer', 3Q21 likely to remain in the red: UOB Kay Hian

The carrier faces an expected core loss of approximately $470 million in 3QFY2021.
'A laggard no longer', rebound ahead for Frasers Hospitality Trust: DBS - THE EDGE SINGAPORE

Broker's Calls

'A laggard no longer', rebound ahead for Frasers Hospitality Trust: DBS

DBS considers FHT “a laggard no longer”, with “compelling value”.
PhillipCapital upgrades SATS to 'neutral' with TP of $4.40 amid expectations of muted air travel in FY2021 - THE EDGE SINGAPORE

Broker's Calls

PhillipCapital upgrades SATS to 'neutral' with TP of $4.40 amid expectations of muted air travel in FY2021

PhillipCapital analyst Paul Chew says his previous TP of $1.95 was "too bearish" as SATS's operations have "likely bottomed".
Restriction on re-issuing OTP expected to dampen private property market: RHB - THE EDGE SINGAPORE

Broker's Calls

Restriction on re-issuing OTP expected to dampen private property market: RHB

According to URA, the restriction is meant to instill a greater financial discipline in making property purchases.
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