Research reports and recommendation by Maybank Kim Eng released on 4~5 June, 2015.
4-June
SARINE TECH: Buy - TP $3.07. Trade show sets positive mood
Good JCK show paves way for improved polished demand. Sarine closed significant deals with possibly more on the way. Maintain BUY & DCF TP of SGD3.07. Catalysts ...
Good JCK show paves way for improved polished demand. Sarine closed significant deals with possibly more on the way. Maintain BUY & DCF TP of SGD3.07. Catalysts ...
Q & M DENTAL GRP: Buy - TP $1.01. Sale of vendor shares
Substantial & moratorised shareholders selling up to 8.2% of their combined shareholding, at 6% of issued shares. Organised partial monetisation should limit ...
Substantial & moratorised shareholders selling up to 8.2% of their combined shareholding, at 6% of issued shares. Organised partial monetisation should limit ...
5-June
SATS LTD: Hold - TP $3.15. Positive implications of ASIG woes
ASIG terminates contract with Jetstar, which is returning to SATS. Minimal EPS impact near term. Bigger positive is strategic implications. But as air traffic ...
ASIG terminates contract with Jetstar, which is returning to SATS. Minimal EPS impact near term. Bigger positive is strategic implications. But as air traffic ...
Q & M DENTAL GRP: Buy - TP $1.01. Further inroads into China
Proposed two acquisitions for SGD2.6m at 11.6x forward P/E. Possible privatisation of a public dental hospital in China. Profit guarantee of CNY1.0m/SGD0.2m pa. ...
Proposed two acquisitions for SGD2.6m at 11.6x forward P/E. Possible privatisation of a public dental hospital in China. Profit guarantee of CNY1.0m/SGD0.2m pa. ...
Source: http://www.maybank-ke.com.sg/