Analysts Say

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

09/23 UOBKH - Acquisition Of A Majority Stake In MyRepublic Broadband Singapore

09/22 CIMB - A Win-Win In MyRepublic Broadband Deal

09/21 CIMB - Risk Of Defaults Mitigated

09/20 UOBKH - Fundamentals Remain Strong – Re-iterate BUY Rating

09/20 UOBKH - 4QFY21 Results Weighed By Curtailed Output

09/20 MBKE - ASP Downtrend To Continue; Downgrade To SELL

09/17 CIMB - Concerns Over Lower ASPs Largely Priced In

09/13 CIMB - Positive News From CBP, But A Little Too Late

09/08 UOBKH - Slippery Road To Moderation; Maintain UNDERWEIGHT

09/15 CIMB - Business Is Booming

09/14 MBKE - The New Normal

LEGENDS:
Stock Rating Uprade. Stock Rating Downgrade.
Add / Buy / Accumulate. Hold / Neutral. Reduce / Sell / Take Profit / Fully Valued.
Coverage Initiation.

Latest Analyst Reports
on SGX Stocks & REITs

Latest Price Target Changes
of SGX Stocks & REITs

RECENT UPGRADES

09/16 ASCOTT RESIDENCE TRUST (HMN.SI)	UOBKH
09/14 SINGAPORE TECH ENGINEERING LTD (S63.SI)	UOBKH
09/06 SEMBCORP MARINE LTD (S51.SI)	UOBKH
09/01 KODA LTD (BJZ.SI)	SAC
08/17 SINGTEL (Z74.SI)	PSR
08/11 IREIT GLOBAL (UD1U.SI)	PSR
08/11 KOUFU GROUP LIMITED (VL6.SI)	CIMB
08/10 SINGAPORE POST LIMITED (S08.SI)	CIMB
08/06 SEMBCORP INDUSTRIES LTD (U96.SI)	OIR
07/28 KEPPEL DC REIT (AJBU.SI)	PSR

RECENT DOWNGRADES

RECENT INITIATION

DELFI LIMITED (P34.SI)
- Sweet Delight, More Than A Chocolate Company

09/10: CGS-CIMB - ADD

OTS HOLDINGS LIMITED (OTS.SI)
- Home Grown Branded Food Vying For The Region

09/02: SAC Capital - BUY

ESR-REIT (J91U.SI)
- Ripe For Re-rating ~ Best Lock In The 6% Yield

08/16: Maybank Kim Eng - BUY

CIVMEC LIMITED (P9D.SI)
- Well Prepared For The Ongoing Commodity Supercycle

08/12: - OUTPERFORM

Market Outlook /

Strategy /

Top Stock Picks

Singapore Stock Alpha Picks (Sep 2021)

Adding Lendlease REIT, Removing Ascendas REIT, SGX, Hong Leong Asia

- UOB Kay Hian 09/03

Singapore Market August 2021 Wrap Up

Singapore In 5

- CGS-CIMB 08/31

Singapore Market Outlook

Done Well, Cautiously Optimistic, FSSTI Target 3496

- CGS-CIMB 08/19

Singapore Market Strategy

5 Stocks Worthy Of Further Deep Dive Post 2Q21

- CGS-CIMB 08/19

INDUSTRY SECTOR RESEARCH REPORTS

Sector

Imminent Changes To MSCI Singapore Weightings
UOB Kay Hian 08/30

Banking & Financial
Sector

MAS Revamps Its Data Disclosure
CGS-CIMB 08/31

Consumer
Sector

Heartlands Is The Winner
CGS-CIMB 09/27

Manufacturing
Sector

2022 Semicon Outlook Still Strong
CGS-CIMB 09/06

Offshore/ Marine/ Shipyards
Sector

Daylight In Sight – Industry Metrics Appear To Have Troughed
UOB Kay Hian 09/27

Plantation
Sector

Official Announcement Of Indonesia’s Lower Export Levy
UOB Kay Hian 06/29

Property
Sector

Valuing CapitaLand Investment (CLI) Prior To Its 20 Sep Listing; Positive News For City Developments
UOB Kay Hian 09/17

REIT
Sector

Defensive Posture To Weather Fluctuation In Interest Rates
UOB Kay Hian 09/24

Telecommunication
Sector

TPG’s 5G-2.3GHz Won’t Be Sufficient
CGS-CIMB 09/10

Telecommunication
Sector

IMDA Offers 2.1GHz Band For 5G In An Auction To All MNOs
UOB Kay Hian 07/28

Transportation
Sector

SIA Engineering’s Strong Sequential Earnings From JV & Associate Bode Well For ST Engineering
UOB Kay Hian 07/27

09/20 TOP GLOVE CORPORATION BHD (BVA.SI)	MBKE
08/05 SINGAPORE EXCHANGE LIMITED (S68.SI)	OIR
06/29 GOLDEN AGRI-RESOURCES LTD (E5H.SI)	UOBKH
06/25 SEMBCORP MARINE LTD (S51.SI)	OIR
05/14 SRI TRANG AGRO-INDUSTRY PCL (NC2.SI)	UOBKH
05/13 GOLDEN AGRI-RESOURCES LTD (E5H.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

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