buy sell hold 

 

UOB KAYHIAN UOB KAYHIAN

REITs – Singapore

Laggard S-REITs Have Potential To Outperform

 

We have identified five laggard S-REITs overlooked by many investors and have the potential to outperform in 2021. Switch to laggard S-REITs. BUY ALLT (Target: S$0.85), FEHT (Target: S$0.74), LREIT (Target: S$0.97), SUN (Target: S$1.75) and UHU (Target: US$0.92), which provide attractive distribution yields of 7.4%, 6.4%, 6.2%, 6.3% and 9.5% respectively. Maintain OVERWEIGHT.

 

Read More ...

 

 

 

Oversea-Chinese Banking Corporation (OCBC SP)

New CEO, But Unchanged Focus To Expand In Greater Bay Area

 

Ms Helen Wong is a competent leader with a strong track record, having led HSBC’s Greater China operations, which is the largest profit centre of HSBC. We expect her to focus on expansion in the Greater Bay Area, Sustainable Finance and cross-selling. We look forward to OCBC improving its dividend policy, and with more intensified focus on technology and digitalisation. Maintain BUY. Target price: S$12.85.

 

Read More ...

UOB KAYHIAN 

DBS VICKERS

Singapore Medical Group (SMG SP)

Potential Offer On The Cards; Valuation Still Attractive

 

Singapore Medical Group announced on 18 Dec 20 a possible transaction involving the company’s shares. While discussions are still preliminary, the stock is up 12% since the announcement. Current valuation at 12x 2021F PE is at a sizeable discount to peers’ despite the group’s strong growth prospects amid recovering healthcare expenditure in Singapore. Maintain BUY on this undervalued healthcare player with a higher PE-based target price of S$0.46.

 

Read More ...

 

 

 

 

Riverstone Holdings

Valuations turning attractive

 

Investment Thesis: Upgrade to BUY; valuation attractive after correction. Share price has corrected by close to 50% post our downgrade in November last year. Riverstone is now trading at an attractive 7.3x FY21F PE, which is near -1SD of its 5-year PE average. Furthermore, we also expect a bumper dividend for FY20F.

 

Read More ...


LionelLim8.16Check out our compilation of Target Prices



You may also be interested in:


You have no rights to post comments

Counter NameLastChange
AEM Holdings2.750-0.010
Avi-Tech Electronics0.265-
Best World1.8200.020
Broadway Ind0.0890.003
China Sunsine0.380-0.010
ComfortDelGro1.380-0.010
Delfi Limited1.050-
Food Empire1.4400.020
Fortress Minerals0.270-
Geo Energy Res0.4050.015
GSS Energy0.027-
Hong Leong Finance2.500-0.060
Hongkong Land (USD)3.250-0.020
InnoTek0.4450.010
ISDN Holdings0.330-0.010
ISOTeam0.035-
IX Biopharma0.041-
Jiutian Chemical0.025-
KSH Holdings0.250-
Leader Env0.050-
Medtecs Intl0.133-0.002
Nordic Group0.345-
Oxley Holdings0.093-
REX International0.118-0.003
Riverstone0.725-0.020
Sinostar PEC0.137-
Southern Alliance Mining0.600-0.005
Straco Corp.0.505-0.010
Sunpower Group0.215-
The Trendlines0.084-0.001
Totm Technologies0.023-0.001
Uni-Asia Group0.840-
Wilmar Intl3.370-0.020
Yangzijiang Shipbldg1.6900.030
 

We have 3501 guests and no members online

rss_2 NextInsight - Latest News