Image result for buy sell hold

CGS CIMB

UOB KAYHIAN

Japfa Ltd

Peaked for now

 

■ At 9.4x CY20F, the market has priced in weaker Vietnam profits after the African Swine Fever (ASF) outbreak in Vietnam since 19 Feb, in our view.

■ But narrower net profit growth in its Indonesia poultry business post 3Q19F, and larger-than-expected disruption in Vietnam are potential downside risks.

■ Valuations could retrace to the -0.5 s.d. level (c.8.0x), until headwinds dissipate. Downgrade to Reduce from Add with a lower SOP TP of S$0.63.

 

Read More ...

 

 

 

Thai Beverage (THBEV SP)

Tapping On Brand Value

 

THBEV revealed its business developments in areas such as spirits portfolio management. The group intends to build its brand leadership and distribution reach in 2019. Maintain HOLD with an unchanged SOTP-based target price of S$0.86. Entry price: S$0.78.

 

Read More ...

RHB DBS VICKERS

CapitaLand Mall Trust(CT SP)

Funan Opening Fully Priced In; Stay NEUTRAL 

 

 Remain NEUTRAL, TP rises by 3% to SGD2.20, 8% downside with 7% FY19F yield. CapitaLand Mall Trust’s share price has performed well YTD – up 6% (S-REITs/STI: +9/+4%), mainly on optimism over Funan Mall’s opening, and the bottoming of retail rental rates. We believe positives are fully priced in and valuations are fair – it is trading at 1.2x P/BV. While retail rental seems to stabilising, we do not expect any strong growth in rates in the near term.

Read More ...

 

 

Frasers Centrepoint Trust

Time to catch them all

 

TP raised to S$2.60 as we see the dual acquisition of stakes in PGIM and Waterway Point revitalising growth. Contrary to market speculation, we believe that FCT has ample capacity to take on both the PGIM investment and its Sponsor’s 33% stake in Waterway Point, and still maintain optimal gearing of c.35%.

 

Read More ...

 


LionelLim8.16Check out our compilation of Target Prices




Share Prices

Counter NameLastChange
AEM Holdings0.905-0.025
Alliance Mineral0.190-0.002
Anchor Resources0.009-0.002
AusGroup0.027-0.001
Avi-Tech Electronics0.275-
Best World Int.1.360-
China Sunsine1.150-0.010
CSE Global0.490-
Food Empire0.520-
Geo Energy0.148-0.002
Golden Energy0.210-
GSS Energy0.074-0.003
HMI0.5500.005
ISDN Holdings0.2200.005
KSH Holdings0.480-0.005
Miyoshi0.048-0.001
Moya Asia0.077-
Nordic Group0.270-0.005
Oxley Holdings0.305-
REX International0.065-0.002
Riverstone0.935-0.010
Roxy-Pacific0.400-
Sing Holdings0.385-
SingMedical0.405-
Sino Grandness0.058-0.001
Straco Corp.0.760-
Sunningdale Tech1.310-0.010
Sunpower Group0.430-0.010
The Trendlines0.0810.001
Tiong Seng0.220-
Uni-Asia Group1.120-0.020
XMH Holdings0.163-0.017
Yangzijiang Shipbldg1.390-0.020

NextInsight RSS

rss_2 NextInsight - Latest News

Online Now

We have 1251 guests and no members online