In today’s briefing:
- UOL Group (UOL SP): At Risk of Passive Selling in February
- Morning Views Asia: Lippo Malls Indonesia Retail Trust, Road King Infrastructure
UOL Group (UOL SP): At Risk of Passive Selling in February
- UOL Group (UOL SP) has underperformed its Singapore peers and the drop in market cap could result in the stock being deleted from global passive portfolios in February.
- UOL Group (UOL SP) has traded higher since end October and there has been a steady increase in cumulative excess volume on the stock since then.
- UOL Group (UOL SP) trades richer than its closest peer, City Developments (CIT SP), on EV/Sales and EV/EBITDA. The recent outperformance presents a trading opportunity.
Morning Views Asia: Lippo Malls Indonesia Retail Trust, Road King Infrastructure
Lucror Analytics Morning Views comprise our fundamental credit analysis, opinions and trade recommendations on high yield issuers in the region, based on key company-specific developments in the past 24 hours. Our Morning Views include a section with a brief market commentary, key market indicators and a macroeconomic and corporate event calendar.