Mapletree North Asia Commercial Trust (MNACT) reported a robust set of Q4 FY19 results which came in within our expectations.

M1 recorded a softer Q4 2018 that missed consensus net profit by 7 per cent but beat ours by 15 per cent. Total revenues were driven by equipment sales as wireless service revenues were down...

We maintain our forecasts for mm2 Asia with a 1 times PEG (price-to-earnings growth)-based target price of S$0.57 and "buy" as management has indicated continued improvements in its...