SIA, Genting, Suntec Likely Winners As Consumers Switch Spending From Products to Services: DBS

businesstimes2022-09-05

INVESTORS looking to hedge against a potential change in spending patterns could consider switching up their buys from manufacturing towards the services sector, said DBS in a report on Monday (Aug 5)...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

BNJMN
2022-09-06
BNJMN
Okay maybe
Billyliew
2022-09-05
Billyliew
Okay
blessed_1
2022-09-05
blessed_1
Ok
DiAngel
2022-09-05
DiAngel
Looking forward to $6.60 for $SINGAPORE AIRLINES LTD(C6L.SI)$😘🥰😍🫶

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1160375224?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2022-09-05 13:08","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1160375224","market":"sg","top_or_hot":-1,"title":"SIA, Genting, Suntec Likely Winners As Consumers Switch Spending From Products to Services: DBS","media":"businesstimes","content":"<div>\n<p>INVESTORS looking to hedge against a potential change in spending patterns could consider switching up their buys from manufacturing towards the services sector, said DBS in a report on Monday (Aug 5)...</p>\n\n<a href=\"https://www.businesstimes.com.sg/companies-markets/sia-genting-suntec-likely-winners-as-consumers-switch-spending-from-products-to\">Source Link</a>\n\n</div>\n","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>SIA, Genting, Suntec Likely Winners As Consumers Switch Spending From Products to Services: DBS</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSIA, Genting, Suntec Likely Winners As Consumers Switch Spending From Products to Services: DBS\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-09-05 13:08 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.businesstimes.com.sg/companies-markets/sia-genting-suntec-likely-winners-as-consumers-switch-spending-from-products-to><strong>businesstimes</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>INVESTORS looking to hedge against a potential change in spending patterns could consider switching up their buys from manufacturing towards the services sector, said DBS in a report on Monday (Aug 5)...</p>\n\n<a href=\"https://www.businesstimes.com.sg/companies-markets/sia-genting-suntec-likely-winners-as-consumers-switch-spending-from-products-to\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"G13.SI","symbol_name":"云顶新加坡","start_time":0,"source_url":"https://www.businesstimes.com.sg/companies-markets/sia-genting-suntec-likely-winners-as-consumers-switch-spending-from-products-to","article_id":"1160375224","we_media_id":null,"thumbnails":[],"rights":{"source":null,"url":"https://www.businesstimes.com.sg/companies-markets/sia-genting-suntec-likely-winners-as-consumers-switch-spending-from-products-to","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=1160375224","pubTimestamp":1662354482,"columns":[],"sourceInfo":null,"weMediaInfo":null,"summary":"INVESTORS looking to hedge against a potential change in spending patterns could consider switching ","collect":0,"end_time":0,"defaultTopTitle":"businesstimes.com.sg","property":[],"viewcount":null,"language":"en","relate_stocks":{"G13.SI":"云顶新加坡","T82U.SI":"新达产业信托","C6L.SI":"新加坡航空公司"},"translate_title":"新航、云顶、Suntec可能成为赢家，因为消费者将支出从产品转向服务：星展","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"C6L.SI":0.9,"G13.SI":0.9,"T82U.SI":0.9},"content_text":"INVESTORS looking to hedge against a potential change in spending patterns could consider switching up their buys from manufacturing towards the services sector, said DBS in a report on Monday (Aug 5).Noting the weak Purchasing Managers Index (PMI) seen in August, DBS researchers posited that this could be a sign that manufacturers’ were wary about weak consumer demand come this Christmas shopping season.They further expect these headwinds to continue due to slowing growth expectations from China amidst ongoing Covid-19 lockdowns, slowing global consumer spending as well as curbs in US’s chip exports to China that could lead to more cautious business sentiment.Some consumer product manufacturers, like Aztech and Nanofilm , could experience a slower topline growth, while semiconductor plays like AEM and UMS could well be more resilient due to long term industry demand drivers.Investors looking to hedge against changing consumer sentiments may then consider buying into meetings, incentives, conferences, and exhibitions (MICE) stocks, which DBS thinks would benefit from the reopening of borders.In particular, they named Singapore Airlines (SIA), Genting Singapore as well as Suntec Reit as their top picks — all of which have “buy” recommendations and target prices of S$6.60, S$1, S$1.90 respectively.Both SIA and Genting Sing are poised for growth on the back of tourism recovery, while Suntec Reit — seen as the most undervalued commercial S-Reit — could ride on Phase 3’s reopening and the return of employees.","kind":"news","is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":9931331895,"gmtCreate":1662403045217,"gmtModify":1676537051810,"author":{"id":"4122856581706382","authorId":"4122856581706382","name":"BNJMN","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"4122856581706382","idStr":"4122856581706382"},"htmlText":"Okay maybe","listText":"Okay maybe","text":"Okay maybe","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9931331895","repostId":1160375224,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9931046032,"gmtCreate":1662369091426,"gmtModify":1676537047157,"author":{"id":"3585706004997520","authorId":"3585706004997520","name":"Billyliew","avatar":"https://community-static.tradeup.com/news/fb7468f399bca645a0ebef3008d82842","vip":1,"crmLevel":3,"crmLevelSwitch":0,"authorIdStr":"3585706004997520","idStr":"3585706004997520"},"htmlText":"Okay&nbsp;","listText":"Okay&nbsp;","text":"Okay","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9931046032","repostId":1160375224,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9931066482,"gmtCreate":1662362470146,"gmtModify":1676537045764,"author":{"id":"4112410321254552","authorId":"4112410321254552","name":"blessed_1","avatar":"https://community-static.tradeup.com/news/71622697830d9517eb67a61917d8a95f","vip":1,"hat":"https://static.tigerbbs.com/b073a07f77dbe6b3bec6b12311fde6bd","crmLevel":4,"crmLevelSwitch":1,"authorIdStr":"4112410321254552","idStr":"4112410321254552"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9931066482","repostId":1160375224,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9931089484,"gmtCreate":1662359690448,"gmtModify":1676537045209,"author":{"id":"4100833454173050","authorId":"4100833454173050","name":"DiAngel","avatar":"https://community-static.tradeup.com/news/f7c2ee91188421bf874cdbc97fb77886","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"4100833454173050","idStr":"4100833454173050"},"htmlText":"Looking forward to $6.60 for <a href=\"https://ttm.financial/S/C6L.SI\">$SINGAPORE AIRLINES LTD(C6L.SI)$</a>😘🥰😍🫶","listText":"Looking forward to $6.60 for <a href=\"https://ttm.financial/S/C6L.SI\">$SINGAPORE AIRLINES LTD(C6L.SI)$</a>😘🥰😍🫶","text":"Looking forward to $6.60 for $SINGAPORE AIRLINES LTD(C6L.SI)$😘🥰😍🫶","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9931089484","repostId":1160375224,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":70,"commentSize":4,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1160375224"}