UOBKH Trading Ideas

Morning with UOB Kay Hian: 💹 REITs – Singapore | OVERWEIGHT ✔️ Analyst(s): Jonathan Koh, CFA ✔️ 1Q24 Round-up - More Pluses Than Minuses ✔️ For the 21 S-REITs under our coverage, two were above expectations with three below expectations... ✔️ Maintain OVERWEIGHT. BUY CDREIT (Target: S$1.48)... Click here for full insights: https://bit.ly/4dMuW0S

Morning with UOB Kay Hian: 💹 REITs – Singapore | OVERWEIGHT ✔️ Analyst(s): Jonathan Koh, CFA ✔️ 1Q24 Round-up - More Pluses Than Minuses ✔️ For the 21 S-REITs under our coverage, two were above expectations with three below expectations... ✔️ Maintain OVERWEIGHT. BUY CDREIT (Target: S$1.48)... Click here for full insights: https://bit.ly/4dMuW0S

🌍 Overnight News That Moved The Market 📊 ⚙️ Microsoft debuts 'Copilot+' PCs with AI features 📱 Apple slashes iPhone prices in China amid fierce Huawei competition 🚘 Tesla doing damage-control, discounts for European fleet buyers 🇨🇳 China leaves benchmark LPRs unchanged, in line with expectations (Source: Reuters)

🌍 Overnight News That Moved The Market 📊 🌐 Microsoft to release next 'Call of Duty' game on subscription service, source says 🍎 Apple set to release slimmer iPhone in 2025, the Information reports 🇨🇳 Musk pushes plan for China data to power Tesla's AI ambitions 🏚️ China unveils 'historic' steps to stabilise crisis-hit property sector (Source: Reuters)

Morning with UOB Kay Hian: 🚧 Buy Yangzijiang Financial Holding Recommendation ✔️ Buy Yangzijiang Financial Holding at S$0.315-0.320. Stop at S$0.310 and profit target at S$0.345 ✔️ Price is trading above the cloud, keeping the uptrend intact ✔️ Conversion and base lines remain in a bullish crossover ✔️ MACD is bullish and is turning up

Morning with UOB Kay Hian: 🏢 Buy Keppel DC REIT Recommendation ✔️ Buy Keppel DC REIT at S$1.76-1.77. Stop at S$1.71 and profit target at S$1.99 ✔️ Price is trading above the cloud, keeping the uptrend intact ✔️ There is a bullish conversion and base lines crossover that hints at potential upside ahead ✔️ MACD is bullish and is rising

🌍 Overnight News That Moved The Market 📊 🛒 Walmart's strong forecast sparks stock surge to record high ⚙️ Baidu 'confident' AI will sustain growth after sluggish first quarter ⚽ JD.com's low price strategy helps revenue beat expectations 🇺🇸 US labor market fairly tight, broader economy losing steam (Source: Reuters)

👩🏻‍💻 UPCOMING WEBINAR Singtel FY24 Results: Insights For Retail Investors 📅 Date & Time: 27 May (Mon), 6.30pm 👉 Register now: https://bit.ly/3UGBqWt Join us for an exclusive webinar presenting the financial outcomes and strategic insights from Singtel's FY24 results. This session is designed specifically for retail investors looking to understand the implications of the latest financial data and what it means for their investments. Securing High Income in Uncertain Times: Strategies for Resilient Investment 📅 Date & Time: 30 May (Thu), 6.30pm 👉 Register now: https://bit.ly/3UXPqMP Join us for a webinar where PIMCO will share their latest economic outlook and two income-yielding strategies. Learn why timing the market is less important than time in the market.

Morning with UOB Kay Hian: 💲 Riverstone (RSTON SP/BUY/TP S$1.12) ✔️ Beneficiary of US tariff hike and glovemaker with the most attractive valuation; raise target price by 12%... ✔️ Riverstone is set to benefit from the higher US tariffs on China’s gloves... ✔️ Moreover, Riverstone offers the most attractive valuation in the glove industry... ✔️ Maintain BUY with a 12% higher PE-based target price of S$1.12... Click here for full insights: https://bit.ly/3QM2AtR