RHB Research

SINGAPORE (May 30): RHB Research is reiterating its “buy” call on APAC Realty with an unchanged target price of $1.35, after the research house hosted an investor luncheon with the real estate services provider amid “some investor concerns”.

SINGAPORE (May 30): RHB Research is maintaining its “buy” call on China Aviation Oil (CAO) with an unchanged target price of $1.80 or 11.9 times FY18F earnings.

SINGAPORE (May 23): RHB Research is maintaining its “neutral” call on BreadTalk with a target price of 93 cents after the group signed a joint venture (JV) agreement to bring new tea beverages as well as cafes to Singapore and Thailand.

SINGAPORE (May 21): RHB Research says low-cost supermarket chain Sheng Siong Group is its top pick among the consumer retail staples, amid recovering consumer sentiment on the back of improving job prospects and economic growth in Singapore.

SINGAPORE (May 18): CGS-CIMB Securities and RHB Research have upgraded their respective recommendations on CapitaLand Commercial Trust (CCT), after the REIT on Thursday marked its maiden overseas entry with the acquisition of a 94.9% stake in Frankfurt of

SINGAPORE (May 17): RHB Research has brushed aside fears that the shock victory at the Malaysian elections by an opposition coalition led by Mahathir Mohamad could pose a risk to Singapore banks.

SINGAPORE (May 16): RHB Research is keeping its “neutral” call on Fu Yu Corporation and lowering its target price to 20 cents, from 23 cents previously.

SINGAPORE (May 14): RHB Research is reiterating its “buy” call on Food Empire with an unchanged target price of $1.07. This implies an upside of around 59% from its current trading price.

SINGAPORE (May 14): RHB Research is keeping its “buy” call on ST Engineering (STE) with an unchanged target price of $4.04 despite a 1Q18 that came in slightly below expectations.

SINGAPORE (May 10): China Aviation Oil (CAO) yesterday announced that its 1Q18 earnings have increased by 13.9% y-o-y to US$26.91 million ($36.1 million) from a year ago, mainly contributed by a higher share of results from its associated companies.