buy sell hold 2021

UOB KAYHIAN UOB KAYHIAN
Keppel Corp (KEP SP)
2021: Strong Results With A Nice Dividend Surprise

KEP reported a very strong set of numbers for 2021 with all business segments registering improved performances yoy. With net debt down to a manageable 0.68x as at end-21, the outlook appears very favourable given our expectation for better economic conditions ahead, and continued progress in KEP’s asset monetisation programme.
Maintain BUY. Target price: S$6.94.
Read More ...

Suntec REIT (SUN SP)
2H21: Recovery In Singapore Augmented By Acquisitions In London


SUN achieved a recovery at Suntec City Mall and newly with newly-acquired Minster
Building and Nova Properties in London contributing significantly. 2H21 DPU growth
would be higher at 20.3% yoy if we adjust for income of S$10.3m released in 2H20. The
outlook for the office markets in Singapore and London has brightened. 2022
distribution yield of 5.9% and P/NAV of 0.73x is attractive. Maintain BUY. Target price:
S$1.74. 

 

Read More ...

MAYBANK KIM ENG

MAYBANK KIM ENG

Genting Singapore (GENS SP)
Reassuring vibes from MarinaBay Sands 4Q21 results


Maintain HOLD call and SGD0.83 DCF-based TP
Las Vegas Sands (LVS US, CP: USD44.12, Not Rated) reported 4Q21 results with Marina Bay Sands (MBS) generating better results QoQ despite elevated numbers of new COVID-19 cases. While MBS’ results are not as
good as those reported in 1Q21, 2Q21 and pre-COVID-19 times, we still welcome them as a good portent that GENS’ earnings troughed in 3Q21
(core net profit: SGD26m) and ought to recover a tad in 4Q21. We maintain
our earnings estimate, HOLD call and SGD0.83 TP on GENS.

 

Read More ...

 

 

AIMS APAC REIT (AAREIT SP)
Growth and resiliency


Improving portfolio metrics
AAREIT delivered a strong 3Q22 with DPU at +14.6% YoY/-6.0% QoQ, underpinned by higher portfolio occupancy. Fundamentals are improving
on the back of demand recovery, which suggests a stronger rental reversion outlook for FY23E. AAREIT’s income visibility has been strengthened by the
Woolworths acquisition, with a longer WALE at 4.85 years (from 3.98 years) and weighted average land lease expiry at c.57 years (from c.45 years).
Our forecasts and DDM-based TP are unchanged at SGD1.65 (COE: 7.4%, LTG: 1.5%), and see valuations as undemanding at 7.0% FY23E DPU yield,
and 0.7x P/B. BUY.

 

Read More ...


Share Prices

Counter NameLastChange
AEM Holdings4.280-0.030
Avi-Tech Electronics0.320-
Broadway Ind0.186-0.001
China Sunsine0.440-
DISA0.004-
Food Empire0.535-
Fortress Minerals0.420-0.025
Geo Energy Res0.440-
Golden Energy0.750-
GSS Energy0.060-
InnoTek0.540-0.005
ISDN Holdings0.545-0.005
ISOTeam0.1080.003
IX Biopharma0.172-0.002
Jiutian Chemical0.109-
KSH Holdings0.350-
Leader Env0.059-0.001
Medtecs Intl0.189-0.004
Meta Health0.038-0.001
Moya Asia0.055-
Nordic Group0.4050.010
Oxley Holdings0.1770.002
REX International0.2900.010
Riverstone0.7550.005
Sinostar PEC0.230-
Southern Alliance Mining0.620-0.005
Straco Corp.0.400-0.020
Sunpower Group0.4050.005
The Trendlines0.104-
Totm Technologies0.142-0.004
UG Healthcare0.225-
Uni-Asia Group1.060-0.070
Wilmar Intl4.100-
Yangzijiang Shipbldg0.900-0.005

NextInsight RSS

rss_2 NextInsight - Latest News

Online Now

We have 2500 guests and no members online