DBS Group Research analysts Yeo Kee Yan and Janice Chua expect the upcoming 3QFY2022 season commencing mid-October to witness a mix of ups and downs, where market volatility will likely bring several potential surprises for various companies.According to the analysts, certain upside surprises could ...

At the panel discussion titled Risks and Opportunities for S-REITs Going Overseas held on Sept 26, Ronald Tan, senior vice-president, equity global market, global sales & origination, Singapore Exchange (SGX), in the opening address said he was asked why the exchange continues to promote oversea...

Some analysts remain sanguine about the impact of rising risk-free rates which are yields 10-year government bonds, on REITs’ unit prices.UOB Kay Hian has said S-REITs provide an attractive distribution yield of 5.90%, which is 0.9SD above long-term mean. The downside is limited to a correction of...

As the US Federal Reserve (US Fed) lifted interest rates by 75 basis points (bps) for the third consecutive time on Sept 22, CLSA Research analysts Neel Sinha, Yew Kiang Wong and Horng Han Low are expecting several industries such as the property and REITs sector to take a hit, with the exception of...

UOB Kay Hian analyst Jonathan Koh has lifted his target price on Suntec REIT to $1.73, a slight upward adjustment from his previous target price of $1.72.While keeping his “hold” recommendation, Koh is buoyant on Suntec REIT’s prospects amid the recovery of the central London office market.Sun...

UOB Kay Hian analyst Jonathan Koh is of the view that Lendlease Global Commercial REIT (LREIT) can benefit from the potential revival of the Kuala-Lumpur-Singapore High-Speed Rail (HSR), maintaining his “buy” call and target price of 99 cents on the REIT.On Aug 22, Malaysia’s prime minister Is...

There are different views on this, but on the whole the move to Sora is meant to be neutral with reference to SOR. On the other hand, it appears that S-REITs, corporates and any entity or consumer with a loan are likely to face higher funding costs. That impact has not yet been fully felt because th...

Emperador, which listed on the Singapore Exchange (SGX) in July, has displaced ComfortDelGro (CDG) as one of the 30 constituents on the benchmark Straits Times Index (STI).The Mainboard-listed brandy maker received its eligibility to list on the SGX on April 13. It is the first Phillipine Stock Exch...

Chang Yeh Hong, executive chairman of Nordic Group , has raised his stake in the company following improved earnings. On Aug 29, he acquired 113,000 shares at 48.5 cents each on the open market. This brings his total stake to 218.19 million shares or 54.58%, up from 54.56% previously. Earlier on Aug...

DBS Group Research analysts Yeo Kee Yan and Janice Chua are anticipating more “sideways gyrations” for the benchmark Straits Times Index (STI) as the Fed continues to be bent on arresting inflation by raising rates, even if it comes at the expense of sub-par growth.To the analysts, the better-th...

Frasers Centrepoint Trust (FCT), which is one of the most defensive Singapore REITs (S-REITs), boasts defensive strength supported by essential services, says UOB Kay Hian Research analyst Jonathan Koh.“Essential services account for 45% of its total net lettable area (NLA) and contribute 54.4% of...

Singapore’s economy is seen to slow from the wider global woes of inflation and geopolitical risks. Yet, Singapore stocks are seen to continue earnings growth as the companies here ride on growth momentum of exports and strong recovery in services. Consequently, RHB Group Research maintains its ea...

City Developments’ (CDL) shareholders would have cheered the special dividend of 12 cents per share and an ordinary interim dividend of three cents per share in 1HFY2022.During the six months ended June, CDL divested the Millennium Hilton Seoul for around $1.2 billion, and a gain of some $500 mill...

Following Suntec REIT's latest 1HFY2022 ended June results announcement on Jul 27, analysts are keeping a rather positive stance on the stock as its outlook seems bright.During first half period, the REIT saw a 15.8% y-o-y increase in distribution per unit (DPU) to 4.810 cents, on the back of 16.9% ...

OPTIMISM about Suntec Reit’s office portfolio, as well as recovery in the retail and convention segments, has prompted at least 1 broker to upgrade its call on the counter. Most of the other analysts who cover the stock also see better prospects for the sectors in which Suntec Reit operate...