buy sell hold 2021

 

PHILLIP SECURITIES

PHILLIP SECURITIES

Thai Beverage PLC
Bounce in beer and property


SINGAPORE | CONSUMER| FY22 RESULTS
 Earnings were above expectations due to higher associate earnings. FY22 revenue and PATMI at 101%/109% of our FY22e forecasts. Associate earnings almost doubled from a
gain on disposal and reversal of write-down on properties held for sale.

 

Read More ...

 

 

BRC Asia
Earnings ahead, 1H23 to be impacted by “Heighted Safety”


SINGAPORE | INDUSTRIAL | FY22 results
 FY22 net profit was ahead of our expectations at 112% of our FY22e forecasts. Revenue was in line at 99% of FY22e. Earnings were above expectations as higher-than-expected volume moved despite the “Heightened Safety” period imposed.

 

Read More ...

PHILLIP SECURITIES

UOB KAYHIAN

Singapore Banking Monthly
Interest rates climb while loans growth slows


SINGAPORE | BANKING& FINANCE | UPDATE

 November 3M-SORA was up by 41bps MoM to 2.69%. YTD22 3M-SORA is up 87bps.
 Singapore domestic loans grew 2.75% YoY in October, below our estimates, while Hong Kong’s domestic loans declined 2.70% YoY in October. CASA balance stable at 21.1%.

 

Read More ...

 

 

 

STRATEGY – SINGAPORE
Alpha Picks: Add SIA And UMSH, Remove FR, CD And YZJSGD


Our Alpha Picks outperformed the STI index in Nov 22, advancing by 8.9% on a marketcap weighted basis vs the STI’s 6.4% gain. For Nov 22, we add SIA and USMH as we expect peak performance in SIA’s upcoming 3QFY23 results and robust revenue growth from USMH. We also take profit on First Resources and YZJ Shipbuilding after their strong performances while removing ComfortDelgro from our portfolio, given compressing margins and the potential loss of its current bus contracts.

 

Read More ...

UOB KAYHIAN UOB KAYHIAN

Consumer – China
More Signs Of Reopening; Upbeat On Baijiu Names’ Potential Re-rating Ahead


We see more signs of reopening in China given: a) the central government’s message that prevention and control of the pandemic is entering a new stage, b) local governments’ relaxed policies, and c) media reports of the virus’ less perniciousness. Given baijiu’s high correlation with the macro economy, we are upbeat on baijiu leaders’ potential re-rating ahead thanks to the economic stimulus policies, upcoming peak season in Jan 23 and potential reopening theme. Maintain OVERWEIGHT.

 

Read More ...

 

 

 

Uzma (UZMA MK)
Expecting Better Outlook For O&G Maintenance


With a strong financial start in 1QFY23, Uzma is guiding for better contract demand in 2023, especially for certain maintenance works (decommissioning) and green solutions.
Uzma’s O&G earnings delivery remains crucial for the share price to recover sustainably from its all-time low, which has factored in solar project risks, especially on material costs vs returns. We revise our forecasts, with more optimism on 2023 earnings. Maintain BUY with an adjusted target price of RM0.67. 

 

Read More ...


Share Prices

Counter NameLastChange
AEM Holdings3.450-0.110
Avi-Tech Electronics0.280-
Best World2.4300.080
Broadway Ind0.1140.006
China Sunsine0.470-0.005
DISA0.002-0.001
Food Empire0.710-
Fortress Minerals0.360-0.010
Geo Energy Res0.330-0.010
Golden Energy0.790-0.005
GSS Energy0.048-
InnoTek0.505-0.010
ISDN Holdings0.570-0.020
ISOTeam0.099-
IX Biopharma0.122-
Jiutian Chemical0.081-0.002
KSH Holdings0.340-
Leader Env0.062-
Medtecs Intl0.158-0.005
Meta Health0.024-
Nordic Group0.4750.005
Oxley Holdings0.148-
REX International0.225-0.005
Riverstone0.675-0.010
Sinostar PEC0.185-
Southern Alliance Mining0.6000.005
Straco Corp.0.5100.010
Sunpower Group0.370-0.010
The Trendlines0.095-0.001
Totm Technologies0.113-
UG Healthcare0.182-0.005
Uni-Asia Group0.8900.015
Wilmar Intl4.100-0.030
Yangzijiang Shipbldg1.250-0.020

NextInsight RSS

rss_2 NextInsight - Latest News

Online Now

We have 879 guests and no members online