Banyan Tree Holdings Price – $0.58 Target – $0.76 Banyan Tree Holdings (BTH) saw a recovery in its fee-based segment revenue with hotel/fund/club management and spa/gallery operations enjoying positive growth in 4Q18 after registering close to 20% declines each a year ago. Revenue from BTH’s property sales segment also jumped 61% in 4Q18 driven by higher handover of units at Cassia Phuket, Laguna Park townhomes/villas, Laguna Village residences and Banyan Tree Grand Residences. Meanwhile, revenue from the group’s Hotel investments dipped 13% as a result of ongoing renovations at Banyan Tree Phuket and underperformance from Angsana Laguna Phuket as well as deconsolidation effect following the disposal of Seychelles assets portfolio. BTH managed to secure 28 new management contracts

With the negative momentum from 2018, the STI could remain under pressure despite the strong performance in January 2019, according to RHB. While the valuation and dividend yield of STI makes it compelling for long-term investments, RHB thinks that investors should continue to stay selective in navigating the market in 2019. RHB recommends four investment strategies that focus on stocks with stable earnings, strong balance sheets and sustainable dividends. Investors Takeaway: 4 Investment Strategies To Navigate Singapore’s Stock Market By RHB Rotate Into Defensive Sectors While RHB notes that the markets could move sideways for now, RHB believes that now is not the time to abandon risk assets, especially for long-term investors. RHB highlights that the current sell-off in the market is

UOBKH’s alpha pick portfolio managed to outperform the broader market last year. Even during the tumultuous month of last December, as a result of uncertainty from the US-China trade dispute and tightening of US monetary policy, UOBKH’s alpha picks managed to stay resilient and put up a reasonable performance. UOBKH reshuffled its alpha picks with five recommendations for investors to start their alpha pursuit for 2019. Investors Takeaway: Kick Off Your Alpha Pursuit With These 5 SG Stocks By UOBKH Netlink NBN Trust Netlink NBN Trust (Netlink) is the latest addition into UOBKH’s set of alpha picks. According to UOBKH, Netlink has a dominant market share of 90 percent of the residential market and 35 percent of the non-residential fibre connections market. Netlink Trust’s growth i