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RHB Research
Investing ideas
Frasers Centrepoint Trust poised for re-rating as it enters next phase of growth
SINGAPORE (Sept 3): Units in Frasers Centrepoint Trust (FCT) have already surged more than 26% so far this year. But market watchers remain bullish on the retail REIT as it stands on the cusp of a re-rating.
September 03, 2019
Investing ideas
ISOTeam poised to ride strategic acquisitions to stay out of the red
SINGAPORE (Aug 30): ISOTeam ended FY19 on a high, as it reversed out of the red on the back of higher revenue. Now, the building maintenance and estate upgrading company looks poised to ride a wave of strategic acquisitions to continue its growth trajecto
August 30, 2019
Investing ideas
ISOTeam powering up as regional player on back of Pure acquisition
SINGAPORE (Aug 1): As the Singapore construction sector awakens from its slump, ISOTeam is well placed to tap new markets and win more contracts.
August 01, 2019
Investing ideas
After fun at Funan, will CapitaLand Mall Trust turn its sights to Jewel Changi for added shine?
SINGAPORE (July 25): The reopening of CapitaLand Mall Trust’s (CMT) Funan shopping mall after a three-year redevelopment was met with much fanfare late last month.
July 25, 2019
Investing ideas
Contract wins, acquisitions lift ST Engineering shares to multi-year high
SINGAPORE (July 5): It has been a busy couple of months for Singapore Technologies Engineering.
July 05, 2019
Broker's Calls
Jumbo Group started at 'buy' by RHB on store openings, expansion of franchisee network
SINGAPORE (June 21): RHB Research is initiating coverage of Jumbo Group with a “buy” and a target price of $0.47 as the stock is expected to rerate upwards on the back of store openings and an expansion of its franchisee network.
June 21, 2019
Broker's Calls
Suntec REIT kept at 'neutral' by RHB on operational weaknesses
SINGAPORE (June 20): RHB Research is maintaining Suntec REIT at ‘neutral’ despite an improved balance sheet, given operational weaknesses are expected to persist until 1H20.
June 20, 2019
Broker's Calls
ComfortDelGro raised to 'neutral' by RHB as valuations look stretch after STI outperformance
SINGAPORE (June 18): RHB Research has upgraded ComfortDelGro (CD) to ‘neutral’ as the stock looks fairly priced now although it remains confident over the company’s growth recovery.
June 18, 2019
Broker's Calls
'Major bargain' Oxley started at 'buy' as RHB brushes aside concerns over high gearing
SINGAPORE (June 13): RHB Research is initiating coverage on property developer Oxley Holdings with a “buy” recommendation and a target price of 41 cents.
June 13, 2019
Broker's Calls
CityDev's takeover offer of M&C likely to get approval from minority shareholders: RHB
SINGAPORE (June 10): RHB Research says CDL’s revised takeover offer to acquire the remaining 35% stake of its subsidiary Millennium & Copthorne hotels (M&C) is likely to gain approval from minority shareholders.
June 10, 2019