Brokers' take
Sabana Shari'ah Compliant Reit | Trading buy Target price: S$0.54 May 11 close: S$0.46 PhillipCapital, May 11
THE manager waives 75 per cent of base fee to cushion dilutive effect on distribution per unit (DPU). Proposed acquisition of property from sponsor has been terminated. Resignation of chief executive/executive director, following unitholders' feedback for change. Reiterate our "trading buy" call and unchanged target price of S$0.54.
Best World International | Add Target price: S$3.05 May 11 close: S$2.84 CIMB Research, May 11
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