UOB Kay Hian

Netlink NBN Trust results in-line with analysts’ expectations - THE EDGE SINGAPORE

Broker's Calls

Netlink NBN Trust results in-line with analysts’ expectations

On Nov 3, Netlink reported a distribution per unit (DPU) of 2.65 cents for the 1HFY2024 ended September, 1.1% higher y-o-y.

Broker's Calls

UOB Kay Hian maintains 'overweight' rating on S-REITs; remains positive on CLAR and PLife REIT

UOB Kay Hian has maintained its "overweight" rating on Singapore REITs (S-REITs).
Analysts maintain 'buy' on CapitaLand Ascott Trust with lower TPs following slower growth - THE EDGE SINGAPORE

Broker's Calls

Analysts maintain 'buy' on CapitaLand Ascott Trust with lower TPs following slower growth

Receding reopening tailwinds are likely to result in slower growth for subsequent quarters.
Lady luck shall return, analysts keep 'buy' on Genting Singapore - THE EDGE SINGAPORE

Broker's Calls

Lady luck shall return, analysts keep 'buy' on Genting Singapore

UOBKH analyst believes Genting Singapore would deliver sequentially higher earnings q-o-q compared to MBS in 3QFY2023.
UOBKH downgrades Wilmar to 'hold' with lower TP of $3.80 on palm refining margin pressure - THE EDGE SINGAPORE

Broker's Calls

UOBKH downgrades Wilmar to 'hold' with lower TP of $3.80 on palm refining margin pressure

Wilmar’s 3QFY2023 earnings are likely to be weaker than UOBKH's initial expectations.
UOB Kay Hian keeps ‘buy’ on SATS, group focuses on return to profitability to resume dividend payment - THE EDGE SINGAPORE

Broker's Calls

UOB Kay Hian keeps ‘buy’ on SATS, group focuses on return to profitability to resume dividend payment

SATS reiterates a focus on the return to profitability in order to be able to resume dividend payment to shareholders.

Broker's Calls

UOB Kay Hian lifts ComfortDelGro’s TP to $1.61 upon seeing improving rail and taxi ridership

The analysts like CDG's improving fundamentals, decent 4.7% dividend yield and robust balance sheet.
DBS raises Sea’s TP  to US$78 on Indonesia’s social commerce ban - THE EDGE SINGAPORE

Broker's Calls

DBS raises Sea’s TP to US$78 on Indonesia’s social commerce ban

Any disruptions that TikTok sellers experience during the transition would likely be beneficial to Shopee.

Broker's Calls

UOB Kay Hian sees ‘seasonally stronger’ 2H2023 and ‘continued recovery’ in 2024 for hospitality REITs

Analyst Jonathan Koh has kept his "buy" call for FEHT, CDLHT and CLAS with target prices of 75 cents, $1.48 and $1.35 respectively

Zest

DBS offers better risk-reward with NIM and dividend

Based on the results of the local banks, DBS Group Holdings’ 2QFY2023 ended June results exceeded the expectations of analysts.
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