What happened in markets this week, and what are analysts talking about? Uni-Asia Group Limited •KGI; Maintain Outperform with higher TP S$1.42 The House thinks valuation are attractive amid the stronger than expected bulk carrier upcycle. The dry bulk carrier market is now at its highest since 2010. Uni Asia will be reporting its 1H results […]

One of the most covid affected industries is the entertainment industry, which includes live concerts, musical, theatre shows, and cinemas. As the title suggests, spotlight is on the cinema industry in this article. Singaporeans love going to the cinema, and we’ve got the numbers to back it up. We have one of the world’s highest […]

What happened in markets this week, and what are analysts talking about? Hyphens Pharma Intl Ltd •KGI; Upgrade to Outperform with higher TP S$0.43 The House thinks 1Q21 earnings for Hyphens looked promising after the Group delivered its highest ever quarterly sales in 1Q with a 6.3% profit margin as demand in Vietnam recovers. The Group […]

联合早报报道 冠病疫情造成百业待兴，本地mm2娱乐为了刺激受到重创的电影业，昨天下午宣布将在今年内制作三部本地电影，目的也是让有潜能的本地导演展才华。 据所知，mm2娱乐也将把三部电影推向海外市场。mm2执行董事黄世勇透露：“我们希望为本地导演创造海外的曝光机会。这些导演需要与区域成熟的业者、大市场合作的体验，以便赢得声誉，并在不同市场获得未来拍片项目的机会。此外，也有助于打造新加坡品牌。” 三名导演是黄俊伟、邝子君和任锦添，分别执导“Sunday”（暂译《浪漫星期天》）、《芽笼》（Geylang）和“A Good Goodbye”（暂译《美好的再见》）。 了解更多

What happened in markets this week, and what are analysts talking about? Kimly Group •CIMB; Initiate with BUY and TP S$0.46 The house believes Kimly will maintain its status as the top coffee shop operator in Singapore, with earnings expected to grow at a CAGR of 47% in FY19/20-22F. Kimly has 72 coffee shops in Singapore […]

We have heard a lot about the US Federal Reserve System (Fed) or US’s central bank (equivalent to our Singapore’s MAS), and how it affects the market with their monetary policy.  One of the major components of the Fed’s quantitative easing program so far has been its huge bond purchase program which has resulted in […]

What happened in markets this week, and what are analysts talking about? Marco Polo Marine •RHB; Initiate with BUY and TP S$0.041 The house believes that Marco Polo Marine’s diversification into servicing the renewable energy sector will bear fruit in the next 1-2 years. In the meantime, the oil & gas sector remains a major source […]

As featured in Business Times. RHB has initiated coverage on Marco Polo Marine with a “buy” call and a target price of 4.1 Singapore cents, on an expected turnaround on renewable energy. In a Wednesday report, RHB analyst Jarick Seet said that Marco Polo’s diversification into servicing the renewable energy sector is expected to bear […]