Excerpts from CGS International report Genting Singapore (SGX: G13) Genting Singapore 1Q24 adj. EBITDA reached S$369.5m, exceeding expectations at 32.2% of both our and Bloomberg consensus FY24F estimates. A strong [ read more...]
Healthcare stocks are usually seen as defensive plays in times of economic uncertainty. However, the healthcare sector has underperformed the STI index this year. The iEdge Singapore All Healthcare Index [ read more...]
Excerpts from Maybank report United Overseas Bank (SGX: U11) United Overseas Bank 1Q24 core-earnings were marginally ahead of MIBG/Street expectations. This was bolstered by trading income which is volatile. Operationally, [ read more...]
Investors who love REITs and invest them for income are definitely not having an easy time year to date. The REIT sector is facing with higher borrowing costs that affect [ read more...]