Let the Money Talk

Peggy Mak, an analyst at Phillip Securities Research, will discuss BRC Asia 1Q24 financial performance. We downgrade our call to ACCUMULATE from buy. 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 #Servin...

Peggy Mak, an analyst at Phillip Securities Research, will discuss the final results of Pan-United Corporation for the financial year ended December 2023. 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 #S...

Jonathan Woo, Senior Research Analyst at Phillip Securities Research, will be covering our fourth quarter 2023 earnings report on Spotify dated 9th February 2024, and titled “Growth exceeds, monetisation to begin”. Maintain ACCUMULATE on Spotify Technology S.A. with a raised target price of US$270.00. Listen to this podcast to stay updated on the latest corporate news. Additionally, you can visit ...

Glenn Thum, Senior Research Analyst with Phillip Securities Research, will be covering DBS’ fourth quarter results . Our report was dated 9th February 2024 and titled ‘Fee income recovers; strong dividend growth’. 4Q23 results above expectation. Maintain BUY recommendation. Listen to this podcast to stay updated on the latest corporate news. Additionally, you can visit ⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠ www.poem...

Jonathan Woo, Senior Research Analyst at Phillip Securities Research, will be covering our fourth quarter 2023 earnings report on Meta Platforms dated the 7th February 2024, and titled “Beats all around”. We downgrade to ACCUMULATE rating on Meta Platforms Inc. with a raised target price of US$520.00. Listen to this podcast to stay updated on the latest corporate news. Additionally, you can visit ...

Peggy Mak, an analyst at Phillip Securities Research, will give a round-up of the Singapore Air Transport sector for January 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 #Servingyousince1975  #fin...

Miaomiao Liu, a Research Analyst at Phillip Securities Research will be discussing a result report of Lendlease Global Commercial REIT, dated Feb 05th, 2023, titled “High rental reversion and rental upside from Sky Complex”. LREIT is currently trading at FY24 yields of 6.82% and 0.79x Price to NAV. We expect upside from a mark-to-market rental uplift upon successful backfilling of Building 3, Sky...

Jonathan Woo, Senior Research Analyst at Phillip Securities Research, will be covering our fourth quarter 2023 earnings report on AMD dated 5th February 2024, and titled “AI demand still hot”. We upgrade ACCUMULATE rating on AMD Inc. with a raised target price of US$195.00. Listen to this podcast to stay updated on the latest corporate news. Additionally, you can visit ⁠⁠⁠⁠⁠⁠⁠ www.poems.com.sg/sto...

Jonathan Woo, Senior Research Analyst at Phillip Securities Research, will be covering our fourth quarter 2023 earnings report on Alphabet Inc. dated 2nd February 2023, and titled “AI underpinning ad growth” . We downgrade ACCUMULATE rating on Alphabet Inc. with a raised target price of US$154.00. Listen to this podcast to stay updated on the latest corporate news. Additionally, you can visit  ⁠⁠⁠...

Glenn Thum, Senior Research Analyst with Phillip Securities Research, will be covering SGX’s first half 2024 results . Our report was dated 5th February 2024 and titled ‘FICC revenue support growth’ with 1H24 results below expectation. Downgrade to ACCUMULATE recommendation. Listen to this podcast to stay updated on the latest corporate news. Additionally, you can visit ⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠ www.poe...

Jonathan Woo, Senior Research Analyst at Phillip Securities Research, will be covering the fourth quarter 2023 earnings report on Tesla Inc. dated 29th January 2024, and titled “Intensifying competition to weigh further on margins”. We Downgrade to NEUTRAL rating on Tesla Inc. with reduced target price of US$175.00. Listen to this podcast to stay updated on the latest corporate news. Additionally,...

Jonathan Woo, Senior Research Analyst at Phillip Securities Research, will be covering the fourth quarter 2023 earnings report on Netflix Incorporated dated 25th January 2024, and titled “Subscribers and margins re-accelerating”. We maintain ACCUMULATE rating on Netflix Inc. with raised target price of US$570. Listen to this podcast to stay updated on the latest corporate news. Additionally, you c...

Miaomiao Liu, a Research Analyst at Phillip Securities Research will be covering the Suntec REIT - Stock Analyst Research . SUN is currently trading at FY24e yields of 6% and 0.58x P/NAV. We anticipate strong retail rental reversion to be persistent in FY24 as international visitors gradually return, and the office segment continues to achieve stable reversion in the mid-single digits. Our DDM-TP...

Miaomiao Liu, a Research Analyst at Phillip Securities Research will be covering the Far East Hospitality Trust initiation report. We initiate coverage on Far East Hospitality Trust with a BUY recommendation and a price target of S$0.79. FEHT is trading at 0.73x P/NAV which is below the average SREIT of 0.84x. Our valuation is based on DDM using the cost of equity of 6.5% and 1.5% terminal growth...

Miaomiao Liu, a Research Analyst at Phillip Securities Research will be covering the Elite Commericial REIT update report . ELITE is currently trading at FY24e yields of 13.2% and 0.73x P/NAV. We have incorporated the effects of these transactions into our calculations and continue to maintain our forecasts. Potential re-development plan such as student accommodation or data center may take place...

Paul Chew, Head of Research with Phillip Securities Research, will be covering the 2024 Singapore Equity Strategy report titled 'The Federal Reserve Got Your Back', dated January 2, 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. #Philli...

Ambrish Shah, US Technology Analyst at Phillip Securities Research, will be covering the Salesforce Inc 3Q24 Results with focus on improving earnings. 3Q24 revenue was within expectations but earnings were ahead. 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 ⁠⁠⁠⁠ ⁠ ⁠⁠  ...

Miaomiao Liu, a Research Analyst at Phillip Securities Research will be covering the Lendlease Global Commercial Trust 1Q24 report. LREIT is currently trading at FY24e yields of 7.82% and 0.7x P/NAV. We anticipate that the strong rental reversion momentum will persist for 313@somerset in FY24 as international visitors gradually return, and Jem continues to achieve stable reversion in the high sing...

Ambrish Shah, US Technology Analyst at Phillip Securities Research will be covering the Block Inc 3Q23 Results with focused on improving earnings. Revenue within expectations but earnings were ahead. 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 ⁠⁠⁠⁠ ⁠ ⁠⁠ to access the full repor...

Ambrish Shah, US Technology Analyst at Phillip Securities Research will be covering the PayPal Holdings Inc 3Q23 Results with higher payment volumes. The results were within expectations. 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 ⁠⁠⁠⁠ ⁠ ⁠⁠ to access the full report and gain m...

Ambrish Shah, US Technology Analyst at Phillip Securities Research will be covering the  Airbnb Inc 3Q23 Results while strong earnings growth as travel rebounds. The results exceeded our expectations. Upgraded to BUY 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 full r...

Glenn Thum, Research Analyst at Phillip Securities Research will be covering the DBS 3Q2023 results which are slightly above estimates while maintaining the BUY recommendation. Listen to this podcast to stay updated on the latest corporate news. Additionally, you can visit ⁠⁠⁠ https://www.poems.com.sg/stock-research ⁠⁠ ⁠  to access the full report and gain more insights. #PhillipCapital #YourPartn...

Jonathan Woo, Senior Research Analyst at Phillip Securities Research will be covering the  Spotify Technology S.A.  3Q23 earning results while maintaining an ACCUMULATE rating. The target price is raised to US$190.00. 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...

Jonathan Woo, Senior Research Analyst at Phillip Securities Research will be covering the  META Platforms Inc  3Q23 earning results with an upgrade to BUY rating. The target price is raised to US$375.00. 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....

Jonathan Woo, Senior Research Analyst at Phillip Securities Research will be covering the  Alphabet Inc  3Q23 earning results with Maintain BUY rating. The target price is raised to US$144.00. 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. #PhillipCapi...