RHB Research

SINGAPORE (Nov 8): RHB Research is maintaining its “buy” call on Moya Holdings Asia, with a lower target price of 11 cents compared to 15 cents previously to factor in further depreciation of the IDR as well as macroeconomic uncertainty.

SINGAPORE (Nov 7): RHB Research is maintaining its “sell” call on BreadTalk Group with a lower target price of 75 cents from $1 previously, after cutting FY18-20 forward earnings estimates by about 30% per annum to factor in the gestation of new busin

SINGAPORE (Nov 7): Analysts from UOB Kay Hian and RHB Research are keeping their “buy” recommendations on Manulife US REIT (MUST), with the latter calling MUST one of its top picks in the REITs sector.

SINGAPORE (Oct 24): RHB Research likes EC World REIT for its strategic market positioning and favourable logistics outlook, post a recent visit to the REIT’s assets in Hangzhou that mainly cater to the e-commerce, logistics and supply-chain segments.

SINGAPORE (Oct 22): CGS-CIMB Securities and RHB Research are maintaining their respective “hold” and “neutral” calls on Frasers Commercial Trust (FCOT), both with a $1.50 price target each.

SINGAPORE (Oct 17): RHB Research is maintaining its “buy” call on MindChamps Preschool with an unchanged target price of 94 cents based on a blended valuation methodology comprising a target EV/EBITDA of 18 times, in line with the peer average, and DC

SINGAPORE (Sept 12): RHB Research is keeping its “buy” call on coffeeshop operator Kimly with an unchanged target price of 46 cents following a visit to the group’s “productive” coffeeshop.

SINGAPORE (Sept 6): DBS and RHB are maintaining their “hold” and “neutral” calls on StarHub with the respective price targets of $1.42 and $1.78, while CGS-CIMB Research’s “add” call remains unchanged with a target price of $1.85.

SINGAPORE (Aug 31): RHB Research is keeping its “buy” call on APAC Realty with an unchanged target price of 77 cents, on the back of the entry of the real estate services firm into China.

SINGAPORE (Aug 20): RHB Research is highlighting Sheng Siong Group (SSG) as its top consumer cyclical “buy” pick with a higher target price of $1.30 compared to $1.27 previously, upon raising 2019-2020F earnings by 2-3% on larger-than-expected retail