coverage

SINGAPORE (Dec 13): Maybank Kim Eng has resumed coverage of restaurant operator Jumbo Group with a “buy” and target price of 70 cents, which implies 26 times FY18E earnings per share (EPS) – on par with its regional food and beverage (F&B) peers.

SINGAPORE (April 18): Maybank Kim Eng Research is initiating coverage on the Singapore REIT (S-REIT) sector with a “positive” view, highlighting the industrial sub-sector as investors’ best option for growth.

SINGAPORE (Feb 9): Jefferies is initiating coverage on two of China’s largest and Nasdaq-listed live streaming players, Momo Inc and YY Inc, as the self-broadcasting video craze continues its ascent since its boom in mid-2016.

SINGAPORE (Jan 4): OCBC is initiating coverage on Singapore Myanmar Investco (SMI) at “buy” with a fair value of 97 cents, on the basis that it offers prime exposure to the tourism and consumer sectors of high-growth Myanmar.

SINGAPORE (Nov 25): The government’s outlook on Singapore’s economy has once again taken a turn for the worse, as demonstrated by the Ministry of Trade and Industry’s (MTI’s) narrowed economic growth forecast announced on Thursday.

SINGAPORE (Nov 23): RHB Singapore is initiating coverage on Manulife US REIT with a "buy” recommendation with a target price of 96 US cents ($1.37).

SINGAPORE (Sept 19): DBS Vickers Securities is initiating coverage on Procurri at “buy” with a target price of 67 cents.

SINGAPORE (Sept 15): KGI Fraser is initiating coverage on private healthcare operator Health Management International (HMI) with a “buy” call at a target price of 60 cents.