Broker's Calls

Broker's Calls

'Despair' in stock market in final phase, say DBS analysts

Singapore’s stock market is in the “final ‘despair’ phase”, say DBS analysts Yeo Kee Yan and Janice Chua who think this stage begun on June 10 when the Straits Times Index (STI) was at 2,800 points

Broker's Calls

BHG Retail REIT's 1H DPU slashed by more than half to 0.89 cent due to Covid-19 pandemic

The manager of pure-play China Retail REIT BHG Retail REIT announced a DPU or 0.89 cent for 1H20, a significant 80.1% drop from 2.08 cents declared in 1H19, with distributable amount to unitholders

Broker's Calls

Political uncertainties unlikely to shake Asian rates

Despite the sharp focus on US-China tensions in recent months. DBS rates strategists Eugene Low and Duncan Tan see this sabre-rattling generating more heat than light for interest and FX rates.

Broker's Calls

Expect bottoming net interest margins, rising non-performing loans as banks shore up provisions: analysts

Provisions will stay high across Singapore’s banks as they face net interest margin (NIM) compression and see non-performing loans rise amid low interest rates, say analysts.

Broker's Calls

Analysts divided on NetLink prospects after mixed 1Q results

Analysts are divided on the prospects of NetLink NBN Trust after the provider of fibre network services posted a mixed set of results for 1Q FY20 ended June 30.

Broker's Calls

KGI Securities initiates 'buy' on ISDN on strong performance from robotics industry and surprise profit announcement

KGI Securities has initiated coverage on ISDN holdings with an “outperform” recommendation and a target price of 42 cents.

Broker's Calls

BRC reinforces position in reinforced steel industry; medium-term recovery intact

CGS-CIMB has reiterated its “buy” call on BRC Asia with a lowered target price of $1.35 from $1.55.

Broker's Calls

All work and no play makes Genting Singapore a dull stock

Analysts are rather muted on Genting Singapore (GENS) following its disappointing, but not surprising, results announcement on Aug 6.

Broker's Calls

Riverstone to record 'stronger sequential earnings' in 3Q2020: CGS-CIMB

CGS-CIMB Securities’ liking for Riverstone Holdings has heightened since its earnings announcement for 1H2020 ended June 30.

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