1Q earnings

Broker's Calls

Analysts sing the same tune for Singtel following soft 1Q results

Analysts are overall bullish on Singtel despite the telco reporting a 24% y-o-y decline in earnings before interest, taxes, depreciation, and amortisation (EBITDA) to $897 million in its latest 1Q2

Broker's Calls

Pick up the call on Singtel

Although things are looking rather gloomy for Singtel, CGS-CIMB is keeping its “buy” call on the stock with an unchanged target price of $3.40.

Results

SIA plummets into $1.12 bil net loss in 1Q20/21 on continued aviation woes

Singapore Airlines (SIA) has reported a loss of $1.12 billion in 1Q20/21 ended June 30 from its earnings of $111 million the year before.

Broker's Calls

Analysts optimistic on MLT on resilient 1Q results, positive outlook

SINGAPORE (July 22): Analysts are bullish on Mapletree Logistics Trust (MLT) after it announced a rather positive 1QFY20/21 results on Monday with DPU increasing by 1.0% y-o-y to 2.045 cents,

Broker's Calls

'Hold' MLT as it remains resilient and is key beneficiary of e-commerce growth

SINGAPORE (July 21): OCBC Investment Research has a “hold” call on Mapletree Logistics Trust (MLT) with a higher fair value estimate of $2.07 from $1.79 previously.

Results

MLT posts 1% increase in 1Q DPU to 2.045 cents

SINGAPORE (July 20): The manager of Mapletree Logistics Trust (MLT) announced that its 1QFY20/21 DPU has increased by 1.0% to 2.045 cents, as compared to 2.025 cents in 1QFY19/20.

Broker's Calls

Propnex still a 'buy' on strong 1Q project marketing activity, solid balance sheet

SINGAPORE (May 19): CGS-CIMB analyst Lock Mun Yee is keeping her “add” call on Propnex but with a lowered target price of 62.5 cents from 69.8 cents previously.

Broker's Calls

Outlook for DBS flat as the bank navigates through Covid-19 crisis

SINGAPORE (May 4): Analysts are keeping a rather neutral stance on DBS Group following the group’s 29% y-o-y drop in 1Q earnings and uncertainties from the Covid-19 outbreak.

Results

Sheng Siong posts 48.2% increase in 1Q earnings to $28.7 mil on elevated consumer demand

SINGAPORE (Apr 28): Supermarket operator Sheng Siong Group today announced that its 1Q20 earnings have increased by 48.2% to $28.7 million from $19.4 million in 1Q19.

Broker's Calls

Latest acquisition expected to bring SPH REIT to new heights this year

SINGAPORE (Jan 13): Analysts are keeping their positive stance on SPH REIT following the REIT’s 1Q20 results announcement on Jan 10.

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