ComfortDelGro may benefit from initial Uber-Grab uncertainty: Deutsche Bank
The Uber-Grab deal may be a short-term positive for ComfortDelGro, but it’s premature to bet on the stock re-rating, Deutsche Bank said in a note…
Singapore
ComfortDelGro has one certainty in Uber-Grab deal: Uncertainty
With ride-hailing service Uber’s deal to sell its Southeast Asian assets to local rival Grab, one thing seems certain for ComfortDelGro: uncertainty, especially over the…
Singapore’s real estate market is looking up, but don’t buy property, Maybank-KimEng says
Singapore’s residential market outlook is positive, but the best way to play it isn’t physical property, Maybank-KimEng said in a note this month. “Stamp duties…
Podcast: What the world looks like from Singapore on Monday, March 26, 2018
Podcast: What the world looks like from Singapore on Monday, March 26, 2018 Today’s headlines include: Uber has agreed to sell its Southeast Asian assets…
If China turns US soybeans into a trade war target, this company may benefit
As trade war rhetoric heats up, China has hinted of potential restrictions on importing U.S. soybeans, which could benefit shares of Wilmar, UOB KayHian said….
DBS: Not all Uber-Grab scenarios will turn up roses for ComfortDelGro
Uber may have reached a deal to sell its Southeast Asian operations to Grab, but that leaves ComfortDelGro with a range of potential scenarios, DBS…
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…
UOB: Singapore dollar may be at the limits of its strength
The Singapore dollar has been trading on the strong side, but it isn’t likely to rise much further, UOB said in a note last week….
UOB KayHian upgrades ST Engineering to Buy amid smart city contributions
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…
UOB: Buy the Australian dollar at the bottom for recovery later this year
Accumulate the Australian dollar at the lower end of its likely US$0.77 to US$0.79 trading range, with the currency set to strengthen ahead, UOB said…
Maybank KimEng starts Valuetronics at Buy on key tech products
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…
CGS-CIMB: ST Engineering to target big increases in ‘smart city’ revenue
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…