Image result for buy sell hold

CGS CIMB

UOB KAYHIAN

Yongnam Holdings

Poised for robust recovery this year

 

■ Yongnam’s orderbook ended 2018 at close to S$400m (highest in last three years) after winning S$127m worth of contracts in 4Q18.

■ We anticipate robust profit recovery in FY19F with further strut works (at least c.S$260m) potentially up for grabs this year.

■ Maintain Add with a lower TP of S$0.40.

 

Read More ...

 

 

Alpha Picks: Kicking Off 2019

 

Overall, our alpha picks outperformed the broader market in 2018. As for Dec 18, our picks endured a tough month with the FSSTI declining 1.6% mom. We made changes to our alpha picks portfolio as we added NetLink NBN Trust (NetLink) and tactically removed DBS in preference for OCBC.

 

Read More ...

OCBC PHILLIP SECURTIES

Keppel Corporation: Still active in China

 

Keppel Corporation (KEP) recently announced that Keppel Land China has secured a 4.7ha residential site in Chengdu, Sichuan province in China for RMB889.7m (~S$183.4m) via a government land tender. Keppel has a good history of building homes in Chengdu with six residential projects there; it has launched about 17,800 homes in Chengdu, which are almost all sold out. A unit of Keppel Land has also entered into an agreement to acquire a completed commercial property in Haidian District, Beijing, for RMB555m cash (~S$111m). As for the O&M division, it should continue its gradual recovery in 2019. We tweak our estimates and update the market values of KEP’s listed entities, such that our SOTP-based fair value estimate slips from S$7.97 to S$7.25. Maintain BUY.

 

 

Singapore Telecom Sector

Better than it appears

SINGAPORE | TELECOMUNICATIONS | SECTOR UPDATE & INITIATION 4 January 2019

 

 Impact of TPG Telecom entrance into Singapore is contained

 Enterprise segment a growth driver for telcos

 CAPEX for 5G should be gradual and not be a cause for concern

 We Initiate the telecommunications sector with an OVERWEIGHT rating

 

Read More ...

 

 


LionelLim8.16Check out our compilation of Target Prices




Share Prices

Counter NameLastChange
AEM Holdings1.060-
Alliance Mineral0.157-0.002
Anchor Resources0.012-
AusGroup0.027-
Avi-Tech Electronics0.2750.005
Best World Int.1.360-
China Sunsine1.140-0.010
CSE Global0.485-
Food Empire0.5000.005
Geo Energy0.153-0.002
Golden Energy0.205-
GSS Energy0.0840.004
HMI0.6350.020
ISDN Holdings0.235-
KSH Holdings0.4350.020
Miyoshi0.0460.001
Moya Asia0.0790.002
Nordic Group0.300-
Oxley Holdings0.320-0.005
REX International0.071-
Riverstone0.9350.010
Roxy-Pacific0.390-
Sing Holdings0.395-
SingMedical0.385-0.005
Sino Grandness0.045-
Straco Corp.0.740-
Sunningdale Tech1.380-0.010
Sunpower Group0.5000.025
The Trendlines0.078-
Tiong Seng0.245-
Uni-Asia Group0.765-
XMH Holdings0.153-
Yangzijiang Shipbldg1.4900.010

NextInsight RSS

rss_2 NextInsight - Latest News

Online Now

We have 913 guests and no members online