Let the Money Talk

Miaomiao, a Research Analyst at Phillip Securities Research will be covering an update report on Far East Hospitality Trust, dated May 2nd, 2024, titled “Higher RevPAR by Ramping up Occupancy”. Listen to this podcast to stay updated on the latest corporate news. Additionally, you can visit ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ www.poems.com.sg/stock-research⁠⁠ to access the full report and gain more insights. #Phillip...

Jonathan Woo, Senior Research Analyst at Phillip Securities Research, will cover the first quarter 2024 earnings report on Spotify, dated 26 April 2024, titled “Raised prices and subscribers still grew.” Upgrade BUY on Spotify Technology S.A. with a raised target price of US$340.00 Listen to this podcast to stay updated on the latest corporate news. Additionally, you can visit  ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ww...

Jonathan Woo, Senior Research Analyst at Phillip Securities Research will cover our first quarter 2024 earnings report on Netflix Incorporated, dated 22nd April 2024, and titled “Pricing power on display.” Listen to this podcast to stay updated on the latest corporate news. Additionally, you can visit  ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ www.poems.com.sg/stock-research⁠⁠ to access the full report and gain more insig...

Darren Chan, Senior Research Analyst at Phillip Securities Research will cover the report on Keppel DC REIT’s first quarter 2024 results, dated 22nd April 2024, titled “DXC settlement offers partial relief from uncollected rents.” Maintain ACCUMULATE recommendation. Listen to this podcast to stay updated on the latest corporate news. Additionally, you can visit ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ www.poems.com.sg/st...

Miaomiao, a Research Analyst at Phillip Securities Research will be discussing an Initiation report concerning 17LIVE Group Limited, dated April 8, 2023, titled “Back to Growth Mode.” We initiate coverage on 17LIVE Group with a BUY rating and a price target of S$2.30. Our valuation is based on DCF, using a 14.1% WACC as the group is purely funded by equity and 1% terminal growth rate. We believe t...

Darren Chan, Senior Research Analyst at Phillip Securities Research will cover our report on the initiation of Cromwell European REIT, dated 1 April 2024, titled “Asset rejuvenation strategy to drive organic growth.” Listen to this podcast to stay updated on the latest corporate news. Additionally, you can visit ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ www.poems.com.sg/stock-research ⁠⁠ to access the full report and gain...

Paul Chew, Head of Research with Phillip Securities Research will discuss the 2nd quarter 2024 Singapore Equity Strategy report, dated 1st April 2024. Listen to this podcast to stay updated on the latest corporate news. Additionally, you can visit ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ www.poems.com.sg/stock-research ⁠⁠ to access the full report and gain more insights. #PhillipCapital #YourPartnerinFinance #Servingyous...

Glenn Thum, senior research analyst with Phillip Securities Research, will cover our recent initiation on the US Banking sector, in particular JP Morgan, Bank of America, and Wells Fargo. Our report, ‘Industry leaders to benefit from peak rates’, was dated 25 March 2024. Listen to this podcast to stay updated on the latest corporate news. Additionally, you can visit ⁠⁠⁠⁠⁠⁠⁠ www.poems.com.sg/stock-...

Paul Chew, head of research with Phillip Securities Research, will be covering the results note on Q&M Dental Group’ s second-half results in 2023. The report was dated 18th March 2024 and titled “Data-driven treatments can commence.” Results beat expectations and upgrade to BUY from ACCUMULATE. Listen to this podcast to stay updated on the latest corporate news. Additionally, you can visit  ⁠...

Ambrish Shah, US Technology Analyst of Phillip Securities Research team, will cover Adobe’s first quarter 2024 earnings results. The report, ‘Revenue growth to decelerate,’ was dated 19th March 2024. 1Q24 results in line with our expectations. We maintain REDUCE. Listen to this podcast to stay updated on the latest corporate news. Additionally, you can visit ⁠⁠⁠⁠⁠⁠⁠ www.poems.com.sg/stock-research...

Darren Chan, Senior Research Analyst at Phillip Securities Research, will cover our report on City Developments Limited’s full-year-23 results, dated 5th March 2024, titled “Record revenue driven by property development.”  Maintain BUY recommendation. Listen to this podcast to stay updated on the latest corporate news. Additionally, you can visit  ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠www.poems.com.sg/stock-research⁠⁠...

Darren Chan, Senior Research Analyst at Phillip Securities Research, will cover the report on CapitaLand Investments Limited’s full-year 2023 results, dated March 4, 2024, titled “Targeting to double FUM in 5 years.”  Maintain BUY recommendation. Listen to this podcast to stay updated on the latest corporate news. Additionally, you can visit  ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠www.poems.com.sg/stock-research⁠⁠⁠⁠⁠ ...

Ambrish Shah, US Technology Analyst of Phillip Securities Research team, will cover Salesforce’s 4Q24 earnings results. The report, ‘Further margin expansion,’ was dated 7 March 2024. 4Q24 results met our expectations. We maintain ACCUMULATE recommendation. Listen to this podcast to stay updated on the latest corporate news. Additionally, you can visit  ⁠⁠⁠⁠⁠⁠⁠ www.poems.com.sg/stock-research ⁠⁠⁠⁠...

Glenn Thum, senior research analyst with Phillip Securities Research, will be covering UOB’s fourth quarter results. The report was dated 26 February 2024 and was titled ‘Net interest income hurt by net interest margin decline and flat loan growth’. 4Q23 results slightly above estimates. Maintain BUY recommendation. Listen to this podcast to stay updated on the latest corporate news. Additionally,...

Glenn Thum, senior research analyst with Phillip Securities Research, will be covering OCBC’s fourth quarter results. The report was dated 1st March 2024 and titled ‘Non-interest income driving growth’. 4Q23 results met estimate. Maintain BUY recommendation. Listen to this podcast to stay updated on the latest corporate news. Additionally, you can visit  ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠www.poems.com.sg/stock-res...

Jonathan Woo, Senior Research Analyst at Phillip Securities Research, will be covering our fourth quarter 2024 earnings report on Nvidia dated the 23rd February 2024, and titled “More upside from AI demand.” Maintain BUY rating on NVDA Corp. with a raised target price of US$970 Listen to this podcast to stay updated on the latest corporate news. Additionally, you can visit  ⁠⁠⁠⁠⁠⁠⁠ www.poems.com.s...

Glenn Thum, senior research analyst with Phillip Securities Research, will be covering the Singapore Banking Monthly for January 2024. Our report was dated 19th February 2024 and titled ‘Loans and interest rates dip further’. Maintain Overweight. We remain positive on banks. Listen to this podcast to stay updated on the latest corporate news. Additionally, you can visit  ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠www.poems...

Glenn Thum, senior research analyst with Phillip Securities Research, will be covering Silverlake Axis Limited’s second-quarter results. Our report was dated 19th February 2024 and titled ‘Quality of earnings improving.’ 2QFY24 results met estimates. Maintain BUY recommendation. Listen to this podcast to stay updated on the latest corporate news. Additionally, you can visit  ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠www.p...

Helena Wang, Research Analyst at Phillip Securities Research, will discuss the analysis of Amazon's fourth quarter FY23 financial performance. The report was dated 15th February 2024 and titled ‘Improving efficiency through regionalization’. Listen to this podcast to stay updated on the latest corporate news. Additionally, you can visit  ⁠⁠⁠⁠⁠⁠⁠ www.poems.com.sg/stock-research ⁠⁠⁠⁠ ⁠ ⁠⁠  to ac...

Helena Wang, Research Analyst at Phillip Securities Research, will discuss the analysis of Apple 1Q24 financial performance. The report was dated 7 February 2024 and was titled ‘Weak demand for products continues.’ Listen to this podcast to stay updated on the latest corporate news. Additionally, you can visit  ⁠⁠⁠⁠⁠⁠⁠ www.poems.com.sg/stock-research ⁠⁠⁠⁠ ⁠ ⁠⁠  to access the full report and gain m...

Paul Chew, head of research with Phillip Securities Research, will be covering the Singapore Strategy on Budget 2024 . Our report was dated 19th February 2024 and titled “The Social Health Ageing Retire Educate or SHARE Budget.” Listen to this podcast to stay updated on the latest corporate news. Additionally, you can visit  ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠www.poems.com.sg/stock-research⁠⁠⁠⁠⁠  to access the full...

Miaomiao Liu, a Research Analyst at Phillip Securities Research, will cover the result report on Far East Hospitality Trust, dated 15th February 2024, and tilted “Mega events to drive RevPAR recovery.” FEHT is currently trading at FY24e dividend yields of 6.8% and 0.7x P/NAV. We expect revenue to be supported by RevPAR recovery and potential inorganic growth. Our DDM-TP remains unchanged at S$0.79...

Darren Chan, Senior Research Analyst at Phillip Securities Research, will cover a report on Keppel DC REIT’s full year 2023 results dated 9 February 2024, titled “Uncollected rents impact DPU.” Downgrade to ACCUMULATE recommendation. Listen to this podcast to stay updated on the latest corporate news. Additionally, you can visit  ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠www.poems.com.sg/stock-research⁠⁠⁠⁠⁠  to access the...

Darren Chan, Senior Research Analyst at Phillip Securities Research, will cover a report on CapitaLand Ascott Trust’s full year 2023 results dated 9 February 2023, titled “Further upside from occupancy growth.” Downgrade to ACCUMULATE recommendation. Listen to this podcast to stay updated on the latest corporate news. Additionally, you can visit ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ www.poems.com.sg/stock-research⁠⁠⁠...

Paul Chew, head of research with Phillip Securities Research, will be covering StarHub’s fourth quarter results. The report was dated 14th February 2024 and titled “Pop in dividends”. 4Q23 results above expectation and a jump in dividends. Maintain ACCUMULATE recommendation. Listen to this podcast to stay updated on the latest corporate news. Additionally, you can visit ⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠ www.poe...