28 January 2016

UOBKH: Singapore Daily: Thursday, January 28, 2016 [Sector : SG Plantation, Shipyard, Update : M1 SP]

Feds decided to leave rates unchanged as expected given the poor global economical data.

There was a Stock suggestion program on Channel 8 News last night, suggesting 3 medical stocks for long term investing:
  1. Raffles Medical
  2. Cordlife
  3. QnM Dental

In particularly, QnM was mentioned a target price of $0.975. However, I noticed that QnM has been sliding down for quite a while.

I suggest to wait for $0.575 or so. my 2 cents










KEY HIGHLIGHTS

Sector        

Plantation


4Q15 results preview: Expect better qoq results from BAL but weaker qoq results from FR.

Shipyard


Who might make a cash call?

Update        

M1 (M1 SP/BUY/S$2.28/Target: S$3.34)


Focus on fundamental valuation.

At A Glance
Corporate

BH Global: Receives in-principle approval for share consolidation.

OUE Commercial Reit: Posts higher 4Q15 DPU.

Singapore Exchange: Give Taiwan investors access Singapore-listed stocks.

Tat Hong Holdings: Warns of 3QFY16 loss.

Sector

Transport: Singapore awards first pair of LNG bunkering licences.

Economics

Parliament: Updated benchmarks needed for future presidential candidates.


Click on the link for details.

https://research.uobkayhian.com/content_download.jsp?id=32245&h=83ad6d83694b6acb17e0a51adbd374bf



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