Monday, December 30th, 2024

Day: September 19, 2024

Overview of the 50 bp Rate Cut:

Overview of the 50 bp Rate Cut: The 50 bp rate cut announced recently was in line with market expectations. Following this announcement, U.S. investors reacted by “Selling The Rate Cut News,” which led...

Daiwa House Logistics Trust

Daiwa House Logistics Trust Daiwa House Logistics Trust (DHLT) recently made a presentation to investors, highlighting the performance of its portfolio. Here are some key points: Portfolio Performance: The average exchange rate of JPY...

Companies such as Seatrium are well-positioned

The offshore marine sector remains strong and resilient despite current fluctuations in oil prices. This is particularly evident in Singapore’s industry, where companies such as Seatrium are well-positioned. Market Sentiment and Performance Despite oil...

We prefer Anta, Galaxy, Haidilao, Haier, Midea and Miniso.

Consumer Sector – China/Hong Kong Market Overview 1. Mid-Autumn Festival Boosts Tourism and Consumption Tourism: The three-day Mid-Autumn Festival holiday from September 15-17, 2024, saw a significant recovery in domestic tourism. This holiday marked...

Singapore Airlines Faces Moderation in Growth Amid Capacity Increases and Rising Costs

Date: 18 September 2024Broker: OCBC Investment Research Overview Singapore Airlines (SIA), Singapore’s flagship carrier, posted a record performance for the fiscal year ending 31 March 2024 (FY24). The airline benefitted from robust travel demand...

Best Pacific Targets 15% Revenue Growth in 2024 Amid Strong Demand from Global Brands

Date: 19 September 2024Broker: UOB Kay Hian Company Overview Best Pacific International Holdings (2111 HK) is a leading textile manufacturer specializing in lingerie materials, elastic fabrics, webbing, and lace. The company supplies major global...

Press Metal Aluminium Secures 75% Alumina Supply Through Strategic Indonesian JV

Date: 19 September 2024Broker: UOB Kay Hian Company Overview Press Metal Aluminium Holdings (PMAH MK) is a leading aluminium producer, primarily engaged in the manufacturing and trading of primary aluminium and other aluminium-based products....

SCGP Sets Ambitious EBITDA Target of Bt33 Billion by 2030

Date: 19 September 2024Broker: UOB Kay Hian Company Overview SCGP Packaging (SCGP TB) is a leading packaging company in Thailand, focusing on sustainable and innovative packaging solutions. The company aims to enhance its operational...