How the Grab-Uber deal could affect ComfortDelGro
Uber’s decision to sell its Southeast Asian operations to Grab could either erode ComfortDelGro’s advantages or offer some key positives, OCBC said in a note…
Uber’s decision to sell its Southeast Asian operations to Grab could either erode ComfortDelGro’s advantages or offer some key positives, OCBC said in a note…
Societe Generale advised re-distributing equity allocations out of U.S. markets, citing in part an “unpredictable administration, which seems to lack cohesion” as well as upcoming…
UOB KayHian upgraded ST Engineering to Buy from Hold, pointing to optimism over smart city and marine revenue. “STE guided for smart city and marine…
Maybank KimEng started Hong Kong-based electronics manufacturing services provider Valuetronics at Buy with a S$1.25 target price. “VALUE is a beneficiary of emerging demand for…
ST Engineering is guiding that its smart-city related revenue will at least double by 2022, CGS-CIMB said in a note last week after attending the…
CGS-CIMB tips two possible positives from news OUE Commercial REIT will be bringing co-working tenant Spaces into its One Raffles Place mall. The tenant will…
OCBC upgraded Viva Industrial Trust to Buy from Hold, calling it an attractive opportunity after it underperformed the broader index during the market rout. The…
UOB KayHian said more investors are taking an optimistic view of the Thailand stock market amid continued economic improvement. “We met with more than 20…
Fears that the Trump administration is pursuing a trade war have created a buying opportunity in shares of China’s sporting goods and appliance makers, Deutsche…
OCBC’s effort to establish an in-house unit to develop artificial intelligence (AI) abilities and other tech investments are a positive, UOB KayHian said in a…
Markets globally have fallen in the wake of U.S. President Trump lobbing his latest aggressive trade threats. Trump launched plans to impose US$60 billion in…
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…
CGS-CIMB upgraded Want Want China to Add from Hold on an expected earnings recovery and easing margin pressure It raised its target price to HK$7.30…
CGS-CIMB started Dyna-Mac at Add, with a target price of S$0.18. “Given the better financial footing now, we believe DMHL’s risk-reward is skewed to the…
Nomura said that DBS remains its top Singapore bank pick despite the stock’s recent rise in valuation. ”While upside potential has tapered as DBS’s valuation…
CapitaLand’s bid for the “two-envelope” Holland Road sale site won’t be won easily, but it could fuel sentiment on the stock, Daiwa said in a…
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…
Deutsche Bank tipped China developer Country Garden as a top blue-chip pick, citing “strong and balanced” growth. “Although management has not set any sales target,…
Nomura started coverage of Fiat Chrysler Automobiles at Neutral with a target price of 19 euros. First, the positives: “FCA’s pickup truck business in North America…
Maybank KimEng upgraded Singapore’s banking sector to Positive from Neutral. ”Stronger loan growth, NIM improvement from higher rates, higher non-interest income and lower provisions are…
Robotics are at a very early development stage, offering some attractive “greenfield” investment opportunities, but it shouldn’t be played through the supply chain, said Angus…
The two latest en bloc deals won’t just boost developers Bukit Sembawang and GuocoLand, they’ll also help catalyse Singapore’s property market, Maybank KimEng said in…
Singapore residential property transactions are already beating expectations this year and a “myriad of catalysts” are poised to drive prices higher, DBS said in a…
Credit Suisse upgraded Cathay Pacific to Outperform from Neutral on a better growth outlook. “We expected to see a better 2018 for Cathay Pacific,” it…
UOB KayHian started Chip Eng Seng at Buy, with a S$1.38 target price, calling it the cheapest dividend proxy to Singapore’s property recovery. “With a…
DBS will benefit from rising Singapore interest rates, but the stock still isn’t a Buy, RHB said in a note last week. The brokerage said…
RHB upgraded City Developments to Buy from Take Profit and hiked its target price to S$15.00 from S$11.30. “As one of the largest residential landbank…
Guocoland’s deal to buy Pacific Mansion for S$980 million, the second-largest collective sale in Singapore’s history, will replenish the developer’s landbank and add to its…
Despite Singapore’s stock market outperforming its Asean, or Association of Southeast Asian Nations, peers, the market still warrants a “tactical overweight,” Nomura said in a…
February’s drop in Singapore primary residential sales is just a blip and launches and sales are about to take off, CGS-CIMB said in a note…
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,…
The metals and mining industry hasn’t been getting much love from investors, but that’s set to change this year, CFRA said in a note last…
Nomura upgraded Swire Pacific to Neutral from Reduce, but kept a fairly downbeat view on its prospects. “We believe Swire Pacific’s share is unlikely to…
U.S. President Trump’s decision to impose tariffs on steel and aluminum imports will bite the earnings of U.S. automakers far more than their foreign rivals…
Shares of Chinese property developers could be set to re-rate higher heading into the earnings season, OCBC said in a note on Thursday. “Firmer sales…
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…
The U.S. stock market isn’t overvalued, but it’s outlook is still bleak, Capital Economics said in a note this week. “Even though the valuation of…
Singapore developers’ presales data should be taken “with a pinch of salt,” Nomura said, pointing to data on the numbers of units returned by buyers….
Nomura started coverage of MM2 Asia at Buy, with a target price of S$0.68. “Content is king, especially in the current digital age where consumption patterns are…
Shares of Yanlord may be in focus in Thursday’s trade after S&P Global Ratings upgraded the Chinese property developer’s credit rating on Wednesday. Yanlord submitted…