UK

Broker's Calls

No catalyst for Ho Bee Land

SINGAPORE (Aug 16): Maybank Kim Eng is maintaining its “hold” recommendation for Ho Bee Land with an unchanged target price of $2.28 as its 2Q16 results offered little surprise and there are no clear catalysts for the stock despite its current low val

In print this week

Sterling less than sterling as Britain deals with Brexit fallout

SINGAPORE (July 26): It has only been slightly more than month since the UK voted to leave the European Union and already, government policies such as a balanced UK fiscal budget by 2020 have been scrapped, while governor of the Bank of England (BOE) Mark

Brexit

David Davis named Brexit Czar by UK Prime Minister May

(July 14): David Davis will help negotiate the UK’s departure from the European Union after Prime Minister Theresa May named him her Brexit Czar.

Oxley Holdings says GBP exposure ‘limited’

SINGAPORE (June 28): Oxley Holdings on Monday night said it expects limited impact from the currency conversion from Sterling pound (GBP) to Singdollar (SGD).

Brexit

7 ways Brexit will stir markets in the years to come: BNP Paribas

SINGAPORE (June 28): BNP Paribas’ economic research department has revised its forecasts down by about 0.3pp this year and almost 1.5pp for 2017, with additional expectations of 2018 growth to be “marginally lower than previously assumed”, as the le

Broker's Calls

ComfortDelgro kept at ‘buy’ RHB with lower $3.25 target on Brexit worries

SINGAPORE (June 27): RHB Research is keeping its “buy” call on ComfortDelgro but lowering its target price to $3.25 to $3.40 after lowering its earnings by 4–4.8% for FY2016 and FY2017.
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