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Brokers' take

Q1 2017 report card
UOB Kay Hian, May 17

AFTER two years of earnings disappointments, we are seeing nascent signs of an earnings recovery, with market earnings per share raised after Q1 2017. However, we are selective after the FSSTI's outperformance, and are buying laggards and inexpensive blue chips. Our key picks are OCBC Bank, Venture Corporation, CapitaLand, Frasers Logistics & Industrial Trust, Ascendas Reit, Sembcorp Industries and CapitaLand Commercial Trust. "Sells" include SIA Engineering...

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