Earnings Outlook

SINGAPORE (Jan 17): CIMB is maintaining its “hold” call on StarHub with a higher target price of $2.80 compared to $2.30 previously, while continuing to expect EBITDA and core earnings per share (EPS) to fall 12% and 36%, respectively, over FY16-20.

SINGAPORE (Jan 13): CIMB Securities continues to keep its “hold” call on M1 Limited, Singapore’s smallest telco, as it lowers the stock’s target price estimate to $1.90 from $2.10 previously.

SINGAPORE (23 Sept): Asia ex-Japan stocks have soared more than 20% since January, but correction looms as the market approaches 4Q2016, which is expected to be a volatile period.