Monday, November 25th, 2024

Category: Market Updates

China Sunsine Chemical: Positioned for Growth Amidst Stimulus-Driven Demand and Market Recovery

Date of Report: 3 October 2024Broker: UOB Kay Hian Market Outlook and Demand Recovery China Sunsine Chemical is positioned to benefit from an anticipated improvement in demand and average selling prices (ASPs) due to...

Genting Singapore: Bright Prospects Ahead with Recovery in Tourism and Strategic Enhancements

Date of Report: 3 October 2024Broker: UOB Kay Hian Positive Outlook for 2H24 Genting Singapore (GENS) has a bright outlook for the second half of 2024, supported by multiple catalysts. The company is expected...

Singapore Post: Navigating Growth with Strategic Acquisitions and Enhanced E-Commerce Services

Date of Report: 3 October 2024Broker: UOB Kay Hian Improved Earnings Outlook Singapore Post (SPOST) is experiencing an improved earnings outlook for its postal segment. The company has returned to profitability in FY2024, driven...

SATS: Poised for Strong Earnings Growth Amid Shipping Disruptions and Strategic Partnerships

Date of Report: 3 October 2024Broker: UOB Kay Hian Strong Earnings Momentum SATS is experiencing significant earnings momentum following a substantial improvement in its first quarter of FY2025. The company is expected to maintain...

Seatrium: Leveraging Brazilian Opportunities for Growth in the Oil and Gas Sector

Date of Report: 3 October 2024Broker: UOB Kay Hian Strategic Presence in Brazil Seatrium (STM) is recognized for its long-term operational presence in Brazil, which is viewed as a significant competitive advantage. This two-decade...

Sembcorp Industries: Strategic Acquisition Fuels Growth in Singapore’s Energy Sector

Date of Report: 3 October 2024Broker: UOB Kay Hian Strategic Acquisition of Senoko Energy Sembcorp Industries (SCI) is pursuing a strategic acquisition of a 30% stake in Senoko Energy, a key player in Singapore’s...

Keppel DC REIT: Capitalizing on Growth with Strong Uptrend and Strategic Cloud Positioning

Date of Report: 3 October 2024Broker: UOB Kay Hian Current Trading Position Keppel DC REIT (KDCREIT) is currently positioned as a “Trading Buy.” The price is trading above the cloud, which indicates that the...

Oversea-Chinese Banking Corp: Strategic Growth and Strong Dividend Commitment Enhance Investor Confidence

Date of Report: 3 October 2024Broker: UOB Kay Hian Dividend Policy Commitment Oversea-Chinese Banking Corp (OCBC) is committed to maintaining a dividend payout ratio of 50% going forward. This commitment is expected to provide...

Mapletree Industrial Trust Expands in Japan with Strategic Acquisition and Redevelopment Potential

Date of Report: 3 October 2024Broker: UOB Kay Hian Acquisition of Mixed-Use Facility in West Tokyo Mapletree Industrial Trust (MINT) has entered into a sale and purchase agreement to acquire an effective interest of...

Hanwha Group Maintains SGD 0.60 Offer for Dyna-Mac Amid Uncertainty

Report Date and Broker Date: 3 October 2024 Broker: Maybank Research Pte Ltd Offer AnnouncementDyna-Mac has received an offer from Hanwha Group to acquire shares at SGD 0.60 per share. This offer was detailed...