Analysts Say

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

09/19 OIR - Keeping Rating Amid New Excise Taxes

09/19 DBSV - Excise Tax Increase Within Expectations

09/18 OIR - New Excise Tax Rates Set

09/19 CIMB - Capturing Market Share

09/19 OIR - Signs LOI For At Least Two CGL Carriers

09/12 RHB - USD145m Addition To Its Orderbook

09/11 CIMB - Adding Work In Brazilian Yard

09/14 UOBKH - Growing Nicely In Emerging Indonesia And India

09/13 MBKE - Too Perfectly Balanced?

09/11 OIR - Beneficiary Of The New Digital Economy

09/13 MBKE - War On Two Fronts

09/11 OIR - Ready To Ramp Up Enterprise Business

09/07 UOBKH - Key Takeaways From Sell-side Day

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

RECENT DOWNGRADES

RECENT INITIATION

BANYAN TREE HOLDINGS LIMITED (B58.SI)
- Sunny Turnaround Just Ahead

09/12: UOBKH - BUY

SINGAPORE TECH ENGINEERING LTD (S63.SI)
- There Is Growth Beyond 2017

09/06: RHB - BUY

WHEELOCK PROPERTIES (S) LTD (M35.SI)
- Ready To Pounce

09/06: UOBKH - BUY

MOYA HOLDINGS ASIA LIMITED (5WE.SI)
- Undervalued Sole Listed Indonesian Water Proxy

09/04: RHB - BUY

Market Outlook /

Strategy /

Stock Picks

Singapore Market Focus

Strategy ~ Yield Stocks Still In Focus

- DBSV 09/06

Singapore Market Focus

Outlook ~ A Missile Over September

- DBSV 09/06

Singapore Stock Alpha Picks

Updating Picks For September 2017

- UOBKH 09/05

Singapore Market Focus

Patchy Recovery

- DBSV 08/23

INDUSTRY SECTOR RESEARCH REPORTS

Banking & Financial
Sector

Stronger Economy And Higher Dividends Expected
- PSR 09/18

Consumer
Sector

Clash Of The Titans
- RHB 08/02

Healthcare
Sector

Medical Tourism ~ Singapore Slows, Malaysia Grows
- UOBKH 06/19

Manufacturing
Sector

Expecting Good 2Q17 Results
- CIMB 08/03

Offshore/ Marine/ Shipyards
Sector

Orders Everywhere But Few Contract Wins
- UOBKH 09/15

Plantation
Sector

CPO Stockpile Still In Healthy Range
- DBSV 09/13

Property
Sector

The Next Wave
- UOBKH 09/18

REIT
Sector

Deal Or No Deal > Come What May End-2017
- CIMB 08/31

Technology
Sector

Sector Outlook For 2H17 Is Still Positive
- RHB 08/07

Telecommunication
Sector

iPhone Handset Plans – Early Adopter Rates
- MBKE 09/19

Transportation
Sector

SIAEC’s Share Buybacks Likely To Support Share Price But Industry Faces Macro Headwinds
- UOBKH 06/06

09/18 DBS GROUP HOLDINGS LTD (D05.SI)	PSR
09/18 DBS GROUP HOLDINGS LTD (D05.SI)	PSR
09/18 RAFFLES MEDICAL GROUP LTD (BSL.SI)	CIMB
09/14 DBS GROUP HOLDINGS LTD (D05.SI)	OIR
08/30 LIPPO MALLS INDO RETAIL TRUST (D5IU.SI)	OIR
08/25 800 SUPER HOLDINGS LIMITED (5TG.SI)	PSR
08/23 SEMBCORP INDUSTRIES LTD (U96.SI)	OIR
08/22 UNITED OVERSEAS BANK LTD (U11.SI)	MBKE
08/22 UNITED OVERSEAS BANK LTD (U11.SI)	MBKE
08/15 MM2 ASIA LTD. (1B0.SI)	CIMB

09/08 SINGAPORE PRESS HLDGS LTD (T39.SI)	CIMB
08/17 MERMAID MARITIME PUBLIC CO LTD (DU4.SI)	CIMB
08/15 EZION HOLDINGS LIMITED (5ME.SI)	DBSV
08/15 PROCURRI CORPORATION LIMITED (BVQ.SI)	DBSV
08/11 SINGAPORE O&G LTD. (1D8.SI)	DBSV
08/01 RAFFLES MEDICAL GROUP LTD (BSL.SI)	RHB
08/01 RAFFLES MEDICAL GROUP LTD (BSL.SI)	MBKE
07/31 SEMBCORP MARINE LTD (S51.SI)	PSR
07/26 SIA ENGINEERING CO LTD (S59.SI)	PSR
07/24 CSE GLOBAL LTD (544.SI)	CIMB