Thursday, June 21, 2012
High dividend yield picks
OCBC: High dividend yield picks. The win of the pro-bailout parties in Greece has been overshadowed by concerns about Spain and Italy. Believe that high yield stocks like REITs and Telcos will continue to outperform as they have so far this quarter. High dividend yield plays are Cache, CDLHT, CMT, M1 and SingPost. Maybank Kim Eng: Recommends going for defensive plays, with top SG Picks as Venture, Starhub & SCI DBSV: Under this risk environment. Longer-term investors should pick co’s with Asian dominance while avoiding companies with global exposure. Top SG Picks are SIAE, KepCorp and HPH Trust CIMB: Recommends investors go for Co’s trading at attractive P/B valuations. Top SG Picks are Genting SP, Biosensors, Olam, Singapore Land, OUE, Raffles Medical Grp, Noble, Cache Logistics Trust, STE and Mapletree Industrial Trust.