Morning updates ⏰ 🇸🇬 Equity Picks: Adjusting exposure to 2 ...

Morning updates ⏰

🇸🇬 Equity Picks: Adjusting exposure to 2 stocks

We raise exposure to a transport stock to capitalise on its recent price pullback, which looks to have found support. Meanwhile, we further reduce exposure to an industrial stock as we observe possible trade frictions re-emerging between US-China. Find out who they are.
 
https://go.dbs.com/3T18kQS

🤝 DFI Retail: Successful divestment of RRHI
 
Robinsons Retail Holdings Inc has announced the acquisition of DFI’s entire 22.2% stake as part of its share repurchase programme at PHP50 per share, a 36% premium to the last closing price and 14% above DFI’s carrying value. How will this impact FY25F earnings?
 
https://go.dbs.com/4keviA6

💻 Dell: Lifts full-year profit guidance on AI strength despite EPS miss
 
Strong AI server pipeline and robust USD14.4bn order backlog drove Dell’s upbeat FY26 guidance, with EPS raised by 1%, beating consensus. This optimism contrasts with a softer 1Q25 EPS amid margin pressure. Management has factored in tariff impacts into the outlook. Is this stock a BUY?
 
https://go.dbs.com/4kiTmSn