SINGAPORE (Sept 20): Maybank is exchanging its position on Singapore Post (SingPost) from "offer" to "purchase" with a raised target cost of $1.77 from $1.29 beforehand to reflect bring down new securing and execution hazard, and in addition upward updates to the stock's medium-term benefit development viewpoint.
In a Tuesday report, expert John Cheong says the examination house's past worries about the postal administration supplier's corporate administration issues, falling stock costs and more are "slowly being tended to".
CIMB Equity Research has found two new investment themes that local investors can look into, namely the Asean domestic consumption and new technology.
These are on top of the Real Estate Investment Trusts and property segments which CIMB has an "overweight" rating on.
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