DBS Group Research analyst Sachin Mittal continues to prefer Sea over Grab in its internet sector coverage due to earlier breakeven target and higher long-term ebitda margin.Mittal notes that Sea’s ebitda breakeven is expected in 3QFY2023 from 2QFY2024 previously, while Grab expects overall ebitda...

Singapore's new digital banks are unlikely to affect financial stability as they grapple with capital and liquidity ratios, credit risks and credit scores at a time when local banks' digital banks continue to gain ground,The Monetary Authority of Singapore’s Financial Stability Review issued on No...

DBS Group Research analysts Derek Tan, Rachel Tan, Dale Lai and Geraldine Wong have cut their distribution per unit (DPU) estimates and their target prices for the overall Singapore REIT (S-REIT) sector following the recent results season.Even though the sector enjoyed a general near-term rebound in...

JP Morgan has downgraded DBS Group Holdings to “neutral” with an unchanged target price of $37 as it sees the group’s future earnings growth already priced in.According to analyst Harsh Wardhan Modi, JP Morgan’s global economics team is anticipating a US recession in 2023, which has implicat...

The Singapore research team at DBS Group Research, along with analysts Ling Lee Keng, Sachin Mittal and Jim Au, see that Chinese chip companies are likely to be the hardest hit in the ongoing chip war between the US and China.“Among Chinese companies, we see the most impact on chip manufacturers (...

DBS Group Research analysts Dale Lai and Derek Tan have maintained their “buy” call for Digital Core REIT with the REIT’s upsized debt-funded acquisition or share buyback set to generate further distribution per unit (DPU) accretion.The analysts have also kept their target price (TP) unchanged...

Last November, Han Siew Khim was appointed CEO of OUE Commercial REIT’s (OUE C-REIT) manager before he took up the post in February. If a new broom truly sweeps clean, investors in OUE C-REIT should experience an overall more stable phase for the REIT.One of the first tasks that Han undertook was ...

The manager of EC World REIT says its board assessed that the REIT “remains as a going concern” on Nov 22 after the lenders of its existing offshore bank loans and existing onshore bank loans had asked the REIT to repay the mandatory repayment amount by Dec 31.In its statement, the REIT manager ...

ANALYSTS from UOB Kay Hian (UOBKH) and DBS Group Research have downgraded their calls on Nanofilm Technologies amid a worsening outlook for the advanced materials and coatings manufacturer.

ANALYSTS from UOB Kay Hian (UOBKH) and DBS Group Research have downgraded their calls on Nanofilm Technologies amid a worsening outlook for the advanced materials and coatings manufacturer.

DBS Group Research analysts Dale Lai and Derek Tan have downgraded their recommendation on EC World REIT to “fully valued” from “buy” after REIT announced that it may face a potential delay on its divestments.The analysts have also lowered their target price to 40 cents from 55 cents followi...

RHB Research and DBS Group Research have lowered their target prices for IReit Global on an expected slowdown in the trust’s leasing momentum, following the exit of a key tenant in November.

HOME loan rates have shot past the 4 per cent mark after DBS Bank and OCBC Bank raised their fixed-rate packages on Tuesday (Nov 15).

DBS Group Research has raised its target price for Yangzijiang Shipbuilding to S$1.70 from S$1.40, after the company shared a new environmental, social and corporate governance (ESG) strategy as well as a record order book value in a Q3 business update. 

Analysts from CGS-CIMB Research, DBS Group Research and PhillipCapital are mixed on Q&M Dental Group, and have maintained their “add”, “hold” and “buy” recommendations following the group’s results for the 3QFY2022 ended Sept 30.CGS-CIMB’s target price (TP) stood at 45 cents, up ...