hold call

Although the REIT had an "operationally steady quarter", analysts are quick to caution that it remains susceptible to retail headwinds as the Covid-19 outbreak escalates.

With the pandemic spreading rapidly across countries like Europe, Italy and the US, Singapore Airlines is set for a tough time ahead.

According to Rachel Tan, an analyst at DBS Group Research, OUECT appears to be “firing on all cylinders” following the merger.

SINGAPORE (Dec 9): UOB Kay Hian is maintaining its “hold” call on Singtel, with a target price of $3.32, indicating that stock trades at above its 5-year EV/EBITDA mean of 13.6x. 

SINGAPORE (Dec 3): Something is brewing at Thai Beverage.

OUECT’s latest set of financial results for 3Q19 ended September saw it register increases across several key financial metrics.  Total income available for distribution for the quarter surged 85.9% to $29.5 million, translating into a distribution

While First Resources registered declines across several key financial metrics during the quarter, market watchers are quick to note that the latest set of results has still exceeded expectations. And the analysts believe the group is well on track to ach

DBS saw its 3Q19 earnings jump 15% y-o-y to $1.63 billion, as total income for the quarter grew 13% to a new high of $3.82 billion on the back of loan growth, record fee income and higher trading gains.  The 3Q19 earnings were some 3.8% higher than th

See: Genting Singapore posts 24% drop in 3Q earnings to $159 mil on lower gaming revenue

Yet, the 3Q19 results were in line with analysts’ consensus expectations. “The weak performance was driven by lacklustre contribution from Japfa Comfeed Tbk (JPFA), whose EBIT declined by 52.2% y-o-y to US$29.8 million,” says DBS Group Research l