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CIMB Equity Research
Broker's Calls
Keppel upgraded for contract novation to Borr Drilling on favourable terms
SINGAPORE (March 21): CIMB is upgrading Keppel to “hold” from “reduce” after the rigbuilder says the contracts with Transocean for the five Super B jack-up rigs will be novated to Borr Drilling at US$216 million ($302 million) per rig.
March 21, 2017
Broker's Calls
Growth on the horizon for Fu Yu Corp after 3-year decline
SINGAPORE (Sept 21): Fu Yu Corporation says its revenue decline over the past three years will see a reversal by early FY17, after bottoming out in FY16.
September 21, 2016
New investment ideas to play the Singapore market
SINGAPORE (Sept 20): CIMB Equity Research has found two new investment themes that local investors can look into, namely the Asean domestic consumption and new technology.
September 20, 2016
The telco showdown has begun
SINGAPORE (Sept 2): Analysts have begun to price in the real possibility of a fourth telco entering the Singapore market after MyRepublic, AirYotta and TPG Telecom submitted their applications to the Infocomm Development Authority (IDA) on Thursday to bid
September 02, 2016
Broker's Calls
Memtech kept at ‘add’ by CIMB on the back of an expanding project pipeline
SINGAPORE (June 20): CIMB Equity Research has maintained its “add” call for Memtech International, with an unchanged target price of 86 cents.
June 20, 2016