Money Talk Podcast
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We are dedicated to providing coverage of financial news, industry trends, investment talks, as well as educational insights where users can go for finance, trading and investments strategies to enhance their financial literacy.We are dedicated to providing coverage of financial news, industry trends, investment talks, as well as educational insights where users can
SGX Company Insights
In this series, our Phillip Securities Research Analyst reports the insights on various SGX companies. Listen now to learn more about the latest corporate updates. Alternatively, you can visit StocksBnB for the full report.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.
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.
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 remains unchanged at S$1.47, with projected FY24-25e DPUs of S$7.30 to S$7.89 cents.
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 rate. At our TP of S$0.79, we value FEHT at 4.8% FY23e DPU yield.
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 given the enlarged debt headroom of c.£58mn. Our DDM-TP remains unchanged at 0.36 pence, with projected FY24-25e DPUs of 4.16 – 4.72 pence.
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.
In this episode, one of our top Financial Advisor, Dhanesh Sharma, shares his top secrets on how to be a millionaire.
In this episode, one of our top Financial Advisor, Darren Chew, shares his top secrets to picking dividend stocks.