RHB Group Research

Broker's Calls

Ascendas REIT a 'solid industrial player' on diversified portfolio: RHB

SINGAPORE (July 9): Ascendas REIT (A-REIT) remains one of the most defensive industrial REITs due to its diverse assets, and predominant exposure to the business parks sector, says RHB analyst Vija

Global Economy


Quoteworthy:“Everybody is scared, including the biggest financial institutions.” - Wang Jiangyu, a law professor at the City University of Hong Kong, after China introduc

Broker's Calls

Malaysia’s zero export duty tax bodes well for First Resources, Golden Agri; but not Bumitama: RHB

SINGAPORE (June 26): The reduction of Malaysia’s export duty on crude palm oil (CPO) to zero in June from 4.5% in May has a contrasting impact on several Singapore-listed and Indonesia-based palm o

Broker's Calls

RHB upgrades SGX to ‘buy’ on high trade volumes due to Covid-19 recovery

SINGAPORE (June 25): RHB analyst Leng Seng Choon has upgraded its call on Singapore Exchange SGX from “neutral” to “buy” over strong securities average daily value (SADV), which it raised by 15% to

Broker's Calls

ST Engineering should continue to 'outperform the STI' apart from potential second wave of infections: RHB

SINGAPORE (June 19): While overall profit will decline on weaker demand, supply chain, as well as workforce disruption owing to the Covid-19-induced lockdowns around the world, RHB analyst Shekhar

Broker's Calls

937 Brokers' Digest

Food Empire
Price target:

RHB “Buy” 75 cents

Strengthening Ruble to help lift coffee maker’s earnings

Broker's Calls

Sembmarine to benefit from rights issue despite tough business environment: RHB

SINGAPORE (June 9): RHB Group Research analyst Leng Seng Choon is reiterating a “buy” call on Sembcorp Marine (Sembmarine) with a target price of $1.13, representing a 32.9% upside for the stock. 


CapitaLand remains RHB's top pick, as the brokerage upgrades the real estate sector to 'overweight'

SINGAPORE (June 2): While Covid-19 has affected the outlook of Singapore’s residential sector, RHB analyst Vijay Natarajan believes the market might see a price correction instead of a collapse.

Broker's Calls

Analysts mixed on First Resources growth output for FY20

SINGAPORE (May 27): While First Resources reported earnings (or net profit) of US$22.2 million (S$31.4 million), an 80.9% surge y-o-y for 1Q20, the results still fell short of expectations, accordi

Broker's Calls

Analysts see silver lining despite difficult 2HFY20 for Silverlake Axis

SINGAPORE (May 20): Despite forecasting a poor 2HFY20 on the back of a bearish Covid-19-hit economy, most analysts have maintained “hold” calls on Silverlake Axis on the back of attractive valuatio

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