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RHB Group Research
Broker's Calls
Broker's Digest: Yangzijiang Shipbuilding, Golden Agri-Resources, Genting Singapore, APAC Realty, FLCT
See what the analysts have to say this week.
November 17, 2022
Broker's Calls
RHB lowers forecasts for Bumitama Agri despite in-line 9MFY2022 results
RHB's Singapore research team says it sees the agri company “closing in on a record year”.
November 16, 2022
Broker's Calls
First Resources' 9MFY2022 earnings 'strongly above expectations', RHB raises TP to $1.75
The analysts raised their earnings forecasts by 8%-23% for FY2022-FY2024.
November 16, 2022
Broker's Calls
With strong balance sheet, IREIT’s gearing 'among the lowest' for S-REITs, but RHB trims TP
With 37 assets across Europe, IREIT has no debts maturing until November 2026.
November 16, 2022
Broker's Calls
Singtel's special dividend sweetens 1HFY2023 results
Singtel's special dividend is payable in two tranches: December 2022 and August 2023.
November 15, 2022
Broker's Calls
RHB upgrades Golden Agri-Resources to 'buy' with higher TP of 33 cents
Golden Agri’s 9MFY2022 core net profit of US$683 million exceeded expectations at 103% of the analysts’ full-year forecasts
November 15, 2022
Broker's Calls
Palm oil stock levels to remain high until year end, RHB maintains 'neutral'
Given the recent price increase, the tax levy in Indonesia may be reapplied sooner than expected.
November 11, 2022
Broker's Calls
Analysts maintain “buy” on Prime US REIT, but cut target prices
The analysts believe that the REIT is oversold, having lost almost 50% of its share price since the start of the year.
November 10, 2022
REITs
Manulife US REIT begins 'hotelisation', considers diversifying into other asset classes
“We’re taking a look at all of our options. If we continue doing the same things, we’re going to get the same results.”
November 10, 2022
Broker's Calls
RHB maintains 'buy' on ComfortDelGro with higher TP of $1.80 amid new contract wins
The analyst believes that CDG should continue to witness gradual earnings recovery.
November 09, 2022