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Brokers' take
Published Tue, Jul 19, 2016 · 09:50 PM
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Singapore strategy
CIMB Research, July 18
OUR brainstorm attempt across sectors suggests that there could be more misses than beats in this earnings season.
DBS could be a potential beat in Q2 2016 with better earnings visibility from treasury activities, active debt capital market and fees from Manulife life bancassurance.
OCBC could benefit from accounting profit from non-par fund gains on recovery in bond prices.
Developers are likely to fall into…
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