Maybank Kim Eng is maintaining a neutral stance on Singapore's property sector while positioning defensively at the lower end of the risk spectrum, expressing a preference for exposure to stable platforms over trading portfolios.
With another challenging year ahead for the physical market, we struggle to turn more positive on property counters despite cheap valuations, comments analyst Derrick Heng in a Monday report.
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MMFS SG INTRADAY SIGNAL: BUY SUNMOONFOOD AT 0.100 TARGET 0.105, 0.110 SL 0.094
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