Ascott Residence Trust (ART SP)

Ascott Residence Trust (ART SP)Current shareprice: SGD1.35Target price: SGD1.39Potential yield: +3.5% We maintain a BUY action on this counter. Let’s take a look at the insights of the REIT company. Ascott Residence Trust (Ascott Reit) is a Singapore-based serviced residence real estate investment trust (REIT). The Company is engaged in the business of investing in…

Changsha Zoomlion Heavy Industry (1157 HK)

Changsha Zoomlion Heavy Industry (1157 HK) Current shareprice: HKD5.59Target price: HKD5.75Potential yield: +3% We maintain a BUY action on this counter. Let’s take a look at the insights of the technology company. Zoomlion Heavy Industry Science And Technology Co., Ltd. is principally engaged in the research, development, manufacture and sales of engineering equipment, environmental sanitation…

Sasseur REIT (SASSR SP)

Sasseur REIT (SASSR SP)Current shareprice: SGD0.86Target price: SGD0.88Potential yield: +3% We maintain a BUY action on this counter. Let’s take a look at the insights of the real estate company. Sasseur Real Estate Investment Trust is a real estate investment trust established with the investment strategy of investing principally, directly or indirectly, in a diversified…

Fides’ Take: Plantations In Malaysia

[SECTOR UPDATE: Plantation – Malaysia] Recent news:Malaysia Palm Oil Board (MPOB) reported palm oilinventory jumped to 2.4m tonnes as of end-Sep 19, within market expectations. Palm oil inventory level hit a five-month high on lower exports and CPO production. Decreased exports to China and India:Palm oil exports were at approximately 1.29m tonnes in Sep 19,…