June 18, 2021

Market talk for the week (14 June)

  • Share:

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 of income with earnings expected to rebound in the next 2-3 years. Stock price is also currently trading below its greatly impaired NAV and white knights’ and creditor’s entry price of S$0.032-0.033. 

SPH

CIMB; Maintain Add and raise TP to S$2.19. The House deemed SPH as an integrated real estate owner with a quality portfolio worth at least S$6.7b with S$1.2b non-core assets for recycling, and is trading at an attractive P/B of 0.8x vs peers 2.5x 

Regional Aviation

DBS: The house sees a 15-20% permanent decline in corporate travel requirements in the future, with airlines and airport hubs that built their business around corporate travel to be the laggards coming out of COVID-19. Less positive on Cathay Pacific and Beijing Capital Airport

For our more info on markets and access to stock research, pls open a trading account with our preferred broker or subscribe to us. PM @moneyplantt at Telegram or email us at connect@gem-comm.com

Join our Telegram, Instagram, Facebook and Linkedin.

SUBSCRIBE TO OUR NEWSLETTER

COMMENTS

Tcazux, Jul 29, 2021

azithromycin 500mg pills - z pak antibiotics azithromycin tablet

Idcukz, Jul 29, 2021

buy azithromycin 250mg online - zithromax without a script buy generic zithromax 100mg

KimGah, Jul 28, 2021

stromectol australia

KimGah, Jul 28, 2021

ivermectin 500mg

SueGah, Jul 28, 2021

how to buy stromectol

IvyGah, Jul 28, 2021

stromectol otc

IvyGah, Jul 28, 2021

where to buy ivermectin

LEAVE A REPLY

Your email address will not be published