UOB Kay Hian Research

Sold-out concerts expected to keep UnUsUaL flying high: UOB Kay Hian

SINGAPORE (Jan 9): UOB Kay Hian is reiterating its “buy” recommendation on UnUsUaL with a target price of 44 cents – implying a potential upside of 60% – as the concert production company looks poised to turn in a set of solid results for 3QFY2020 ended Dec 31, 2019.

“Sold-out shows from popular artistes such as JJ Lin, Eric Chou and Air Supply are expected to boost UnUsUaL’s profits for 3QFY2020,” says lead analyst Llelleythan Tan in a Jan 9 report.

UnUsUaL is expected to release its 3QFY2020 results next month.

Sasseur REIT gets 'buy' calls all around as China retail outlet malls sizzle

SINGAPORE (Nov 20): Analysts are unanimously bullish on Sasseur Real Estate Investment Trust (Sasseur REIT), as the China-focused retail outlet mall manager continues to shine.

Of the four brokerages covering Sasseur REIT, Maybank Kim Eng Research, UOB Kay Hian Research and DBS Group Research have “buy” recommendations on the counter, while CGS-CIMB Research has an “add” call.

There's more to Mapletree Industrial Trust's high-tech transformational strategy than meets the eye

SINGAPORE (Sept 13): Mapletree Industrial Trust’s strategy making high-tech buildings the focus of its properties portfolio is looking to be a ‘transformational’ move.

Slowing tourist arrivals for now but new attractions, limited rooms to benefit hospitality REITs ultimately

SINGAPORE (Aug 28): In 1Q19 ended March, Singapore saw international visitor arrivals grow 1% to 4.7 million visitors while tourism receipts fell 4.8% y-o-y to $6.5 billion, according to data from the Singapore Tourism Board (STB). Meanwhile, gazetted hotel room revenue grew 4.3% to $1 billion.

Across the different components of tourism receipt, Accommodation, Food & Beverage, Shopping and Sightseeing, Entertainment & Gaming fell by 12%, 7%, 7% and 3% respectively.

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