RHB Group Research

Broker's Calls

Asean small-cap could benefit from improved investor sentiment; Bumitama set to post record-high results for FY2022: RHB

Improving market sentiment, strengthening emerging market currencies and China's reopening will boost growth for some small-caps.
Analysts are mixed on SGX after 1HFY2023 results - THE EDGE SINGAPORE

Broker's Calls

Analysts are mixed on SGX after 1HFY2023 results

The analysts' target prices range from $9.40 to $11.71.
Singapore faces uneven recovery in 2023 with impact of China’s reopening still uncertain *updated* - THE EDGE SINGAPORE

Singapore economy

Singapore faces uneven recovery in 2023 with impact of China’s reopening still uncertain

Singapore saw significant sectoral variation in its 4Q2022 GDP performance, and further divergence could lie ahead.
Manulife US REIT taking the 'right measures' after 10% fall in valuation: analysts - THE EDGE SINGAPORE

Broker's Calls

Manulife US REIT taking the 'right measures' after 10% fall in valuation: analysts

CGS-CIMB Research analysts have cut their target price for Manulife US REIT following its FY2022 results.
Analysts expect further upsides to Raffles Medical’s share price, maintain 'buy' - THE EDGE SINGAPORE

Broker's Calls

Analysts expect further upsides to Raffles Medical’s share price, maintain 'buy'

Maybank forecasts Raffles Medical to report slightly above consensus 2HFY2022 PATMI of $60 million.
Analysts remain 'neutral' on StarHub; Maybank and PhillipCapital downgrade to 'hold' after FY2022 results - THE EDGE SINGAPORE

Broker's Calls

Analysts remain 'neutral' on StarHub; Maybank and PhillipCapital downgrade to 'hold' after FY2022 results

All the brokerages except Maybank have upped their target prices on the telco.

Broker's Calls

RHB identifies GoTo’s road to profitability in an unrated report

The analysts believe GoTo would book stronger revenue in FY2023.
Analysts praise Keppel Pacific Oak US REIT for stability in FY2022, headwinds priced in - THE EDGE SINGAPORE

Broker's Calls

Analysts praise Keppel Pacific Oak US REIT for stability in FY2022, headwinds priced in

“Operational numbers remained strong despite very challenging office market conditions.”
Singapore's retail sales up by 7.4% y-o-y to $4.7 bil in December 2022 - THE EDGE SINGAPORE

Singapore economy

Singapore's retail sales up by 7.4% y-o-y to $4.7 bil in December 2022

Excluding motor vehicles, Singapore’s retail sales grew by 9.5% y-o-y to $4.3 billion.

Broker's Calls

Brokers' Digest: Keppel REIT, Genting Singapore, Hutchison Port Holdings Trust

See what the analysts have to say this week.
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