Analysts Say

Analyst Reports & Brokers' Take On SGX Listed Stocks & REITs

05/07 OIR - Decent Beat

05/06 MBKE - More Surprises?

05/07 OIR - Strategic Review Update

05/06 CIMB - Press Off

05/05 DBSV - Temporary Blip In Growth Story

05/04 MBKE - Just A Speedbump

05/04 CIMB - Management Optimistic On Outlook

05/04 DBSV - 1Q21 Net Profit Of S$13.3m (-63.1% y-o-y), Below Expectations

05/03 OIR - Bulking Up On Its Order Book

04/21 UOBKH - Another Month, Another US$1b In New Orders

05/03 OIR - A Strong Quarter

05/03 UOBKH - Steady Earnings; Not Expecting Any Surprises

04/30 MBKE - Good Delivery. Better Operations, But Watch For Margin Risks

04/30 CIMB - Highest 1Q Earnings Since Listing

05/03 OIR - Starting The Year With A Bang

05/02 PSR - Inflection Point

04/30 CIMB - Bullseye

04/30 MBKE - 1Q21 A Strong Beat; Better Macro Could Drive Strong Performance Longer

04/30 CIMB - 1bp Credit Cost

04/21 CIMB - Investing In Shenzhen

05/03 OIR - Weak 1Q But Recovery Ahead

04/30 UOBKH - Not Out Of The Woods Yet

05/03 OIR - Recovery Momentum Continues

04/30 UOBKH - Recovering Domestic Leisure Demand

04/30 PSR - Leasing Lacklustre Despite Recovery

04/27 UOBKH - Downtown Malls Catching Up On Recovery

04/26 CIMB - Performance In Line

04/29 UOBKH - Weathered The Storm, Riding The Recovery

04/26 CIMB - Underpinned By Resilient Portfolio

ASCENDAS REAL ESTATE INV TRUST (A17U.SI)

04/28 UOBKH - Resiliency From Diversification; Growth From Acquisitions

04/26 OIR - Mixed Operating Metrics

04/25 MBKE - Recovery On Track

04/23 CIMB - Robust Growth Outlook

04/28 UOBKH - Sustainable Growth & Transformation By Tapping On Sponsor Pipeline

04/23 CIMB - Feeling The Strong Demand For Warehouse

04/28 UOBKH - 1Q21 Within Expectations; Demand To Taper Off In The Quarters Ahead

04/28 OIR - New Store Sales Drove Growth In 1Q21

04/28 PSR - Resilience Despite No New Shops

04/27 CIMB - Well Stocked For Now

04/27 PSR - Finding Footing In Shifting Sand

04/26 UOBKH - Maintaining Resiliency; Increasing Dominance & Scale

04/26 MBKE - Size Matters

04/23 CIMB - Stable Performance Despite COVID-19

04/23 OIR - Recovery Continues To Gain Traction

04/27 UOBKH - More Pluses Than Minuses

04/26 MBKE - Easing Off

04/23 CIMB - Slowly Recovering

04/26 CIMB - Investing In An SPV To Be Established By M1

04/22 PSR - Harvest Time

04/21 OIR - Continues To Deliver Strong DPU Growth

04/21 DBSV - Still On The Hunt For An Acquisition

04/20 CIMB - Continued To Deliver But Priced In

04/26 UOBKH - Scaling Up On Growing AUA

04/23 CIMB - Rising In Strength; Upgrade To ADD

04/25 PSR - Operations Picked Up

04/23 UOBKH - Some Hits, Some Misses

04/23 OIR - Continued Restructuring

04/23 DBSV - Hitting The Fast-Forward Button On Clean Energy

04/23 CIMB - Good Blend Of Old & New Economy

04/23 UOBKH - Maintaining & Sustaining Pace Of Growth For Acquisitions

04/22 OIR - Hunger For Further Inorganic Growth Opportunities

04/22 MBKE - Strong Delivery

04/23 OIR - A Better Quarter

04/22 CIMB - AEIs, Lower Debt Cost To Drive Growth

04/22 UOBKH - 1Q21 Resurgence Of Growth

04/22 MBKE - Further Moderation

04/21 CIMB - New Acquisitions Boost Earnings

04/22 UOBKH - Proxy To High-Growth IoT Products; Initiate Coverage With BUY

04/22 CIMB - Blinking Growth; Initiate Coverage With ADD

04/22 MBKE - Beneficiary Of IoT Tailwinds; Initiate Coverage With BUY.

04/22 DBSV - Primed For A Digital Future

LEGENDS:
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Latest Analyst Reports
on SGX Stocks & REITs

Latest Price Target Changes
of SGX Stocks & REITs

RECENT UPGRADES

RECENT DOWNGRADES

RECENT INITIATION

HONG LEONG ASIA LTD. (H22.SI)
- Riding A Strong Recovery Wave & Accelerating Demand From A Low Base

04/28: UOB Kay Hian - BUY

MM2 ASIA LTD. (1B0.SI)
- Singing To A Blockbuster Recovery; Initiate Coverage With BUY

04/28: UOB Kay Hian - BUY

SINGAPORE EXCHANGE LIMITED (S68.SI)
- An Exchange With More To Offer. Initiate Coverage with BUY

04/26: UOB Kay Hian - BUY

AZTECH GLOBAL LTD. (8AZ.SI)
- Proxy To High-Growth IoT Products; Initiate Coverage With BUY

04/22: UOB Kay Hian - BUY

Market Outlook /

Strategy /

Top Stock Picks

Singapore Stock Alpha Picks (May 2021)

Add SGX & Hong Leong Asia; Remove China Sunsine & Thai Beverage

Singapore Market April 2021 Wrap Up

Singapore In 5

- CGS-CIMB 04/30

Singapore Fund Flow

Banking & Shipbuilding Sectors Saw The Most Fund Inflows By Institutions In March 2021

- UOB Kay Hian 04/13

INDUSTRY SECTOR RESEARCH REPORTS

Banking & Financial
Sector

Firing On Many Cylinders
UOB Kay Hian 04/20

Manufacturing
Sector

Pulse Check On The Playbook
Maybank Kim Eng 04/07

Offshore/ Marine/ Shipyards
Sector

Very Small Green Shoots Emerging
UOB Kay Hian 03/17

Plantation
Sector

High Edible Oil Prices To Persist
DBS Research 03/10

Property
Sector

Strong Property Sales May Be A Double-Edged Sword
DBS Research 04/16

REIT
Sector

Will It Be “Once Bitten, Twice Shy?”
DBS Research 05/03

Transportation
Sector

Government To Review Downtown Line Financing Framework
CGS-CIMB 03/05

05/06 UNITED OVERSEAS BANK LTD (U11.SI)	MBKE
05/03 CDL HOSPITALITY TRUSTS (J85.SI)	OIR
04/23 IFAST CORPORATION LTD. (AIY.SI)	CIMB
04/23 KEPPEL CORPORATION LIMITED (BN4.SI)	DBSV
04/08 SIA ENGINEERING CO LTD (S59.SI)	CIMB
04/05 DBS GROUP HOLDINGS LTD (D05.SI)	UOBKH
03/31 SINGAPORE PRESS HLDGS LTD (T39.SI)	CIMB
03/30 SINGAPORE PRESS HLDGS LTD (T39.SI)	UOBKH
03/25 CDL HOSPITALITY TRUSTS (J85.SI)	CIMB
03/25 ASCOTT RESIDENCE TRUST (HMN.SI)	CIMB

04/14 SINGAPORE AIRLINES LTD (C6L.SI)	UOBKH
02/09 IFAST CORPORATION LTD. (AIY.SI)	UOBKH
02/02 MICRO-MECHANICS (HOLDINGS) LTD (5DD.SI)	UOBKH
12/20 HI-P INTERNATIONAL LIMITED (H17.SI)	MBKE
12/14 SINGAPORE AIRLINES LTD (C6L.SI)	DBSV
12/14 SEMBCORP MARINE LTD (S51.SI)	UOBKH
12/04 SINGAPORE AIRLINES LTD (C6L.SI)	UOBKH
11/30 JUMBO GROUP LIMITED (42R.SI)	UOBKH
11/24 UNITED OVERSEAS BANK LTD (U11.SI)	MBKE
11/24 OVERSEA-CHINESE BANKING CORP (O39.SI)	MBKE

Analysts Say

Analyst Reports & Brokers' Take On SGX Listed Stocks & REITs

RECENT UPGRADES

RECENT DOWNGRADES

RECENT INITIATION

INDUSTRY SECTOR RESEARCH REPORTS

TOP STOCK PICKS 2021