Fintech player iFAST set to gain further speed, says DBS
Wealth management fintech player iFast Corp. still has room to run despite posting a seventh straight quarter of record assets under administration (AUA), DBS said….
Articles by Aza Wee Sile
Are Cache Logistics Trust’s payouts set to improve?
Cache Logistics Trust reported first-quarter distributions below some estimates, but at least one analyst expects a recovery ahead. RHB said the distribution per unit (DPU)…
Daiwa says Singapore aviation sector has room to soar
The demand for maintenance, repair and overhaul (MRO) services in Asia Pacific remains upbeat in the short-term, with Singapore’s MRO players in a prime spot…
Maybank KimEng: Genting Singapore’s ‘crisis valuations’ are ‘unjustified’
Genting Singapore’s share price tumble is “unjustified as it implies ‘crisis’ valuations,” Maybank KimEng said in a note this week. Genting Singapore’s fourth-quarter earnings before…
Fresh blows for Noble Group as it defaults on debt payments
It’s been a tough week for Noble Group. The beleaguered commodities trader had been grappling with repeated blows for the past three years, after Iceberg…
Expect earnings growth for China Aviation Oil Singapore: RHB
China Aviation Oil Singapore (CAO) will likely see the return of earnings growth this year, said RHB in a note on Tuesday. “Growth would be aided…
Singtel selldown is a good opportunity to accumulate: RHB
Singtel’s selldown is a good opportunity to buy the shares at a discount to historical valuations, RHB said. “Competitive risks, while still prevalent in Singapore,…
UOB KayHian: Falling page count of ads spell trouble for SPH
Singapore Press Holdings’ (SPH) page count of total advertisements have plunged 12.7 percent year-on-year in the latest quarter, according to UOB KayHian. “A decline of…
Jumbo’s bet on Hong Kong-style bistro to pay off: Maybank KimEng
Seafood restaurant group Jumbo Group’s latest joint venture agreement, this one with Tsui Wah, is a long-term positive, according to Maybank KimEng. The joint venture,…
Yarn manufacturer Texhong Textile is ‘back in fashion,’ upgraded to Buy by Maybank KimEng
Maybank KimEng upgraded Hong Kong-listed Texhong Textile to Buy from Hold, saying shares were at “an inflection point.” “Texhong’s profit decline in 2017 was well…
Singpost’s tie-up for e-commerce buying platform is a positive: DBS
Singapore Post’s tie up with e-commerce retail and distribution player Y Ventures last week is positive, potentially leading to new opportunities for the postal company’s…
China Sunsine Chemical to benefit from China pollution curbs: CGS-CIMB
Rubber chemicals manufacturer China Sunsine Chemical Holdings posted record earnings for fourth quarter as China’s pollution controls pushed up prices for its products, CGS-CIMB said….