Wednesday, March 16, 2016

Affin Hwang Capital Daily Insight (LV) - 16 March 2016 - PROPERTY

Top Calls

Sector Update Property (OVERWEIGHT, maintain)

- Reaching an inflection point soon

We believe the property sector may reach an inflection point soon, premised on sustained economic data. Coupled with strong balance sheet position, we see limited downside risk to share price for companies under our universe. Revenue will be suported by strong unbilled sales and new launches. We are OVERWEIGHT on the sector. For exposure to the sector we like UOA and E&O.



For important disclosures, please refer to the Disclosure section at the end of the individual linked research reports.

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