New Zealand Professional Investment Services Firm, Forsyth Barr

Forsyth Barr

New Zealand Professional Investment Services Firm

We are proud to be a New Zealand owned firm, with 21 offices throughout the country and over 300 employees. We assist personal, institutional and corporate clients providing a full range of investment services.

Forsyth Barr is a foundation New Zealand Exchange firm (NZX) and accredited market participant. We have been confirmed by the Financial Markets Authority as a Qualifying Financial Entity (QFE).

Research is the cornerstone of our advice. We have one of New Zealand's leading teams of analysts. Our global affiliations ensure comprehensive research coverage of all major investment markets.

Thematic (Sector/Industry)

<ul><li>We reinstate our rating on Investor (IPL) at NEUTRAL, with a 12-month target price of NZ$1.30.</li><li>Whilst lower interest rates have improved the liquidity of non-core assets, IPL will likely want to match any significant divestments with acquisitions to minimise earnings dilution.</li><li>We think IPL’s attractive yield (7.6% gross yield for a 33% taxpayer), underpinned by the non-discretionary nature of its tenant base, will find favour with investors looking for safe income in a lower-interest-rate environment.</li></ul>

We reinstate our rating on Investor (IPL) at NEUTRAL, with a 12-month target price of NZ$1.30.Whilst lower interest rates have improved the liquidity of non-core assets, IPL will likely want to match any significant divestments with acquisitions to minimise earnings dilution.We think IPL’s attractive yield (7.6% gross yield for a 33% taxpayer), underpinned by the non-discretionary nature of its tenant base, will find favour with investors looking for safe income in a lower-interest-rate environment.

Singapore Market Roundup, Singapore Market Roundup

Singapore Market Roundup

<ul><li>CGS International's Ong raises BRC Asia target price to $5.30 amid high demand.</li><li>RHB raises DBS target price to $57.10 after stock reaches a new high.</li><li>UOB Kay Hian maintains Keppel REIT at 'buy' with a $1.20 target after Sydney mall buy.</li></ul>

CGS International's Ong raises BRC Asia target price to $5.30 amid high demand.RHB raises DBS target price to $57.10 after stock reaches a new high.UOB Kay Hian maintains Keppel REIT at 'buy' with a $1.20 target after Sydney mall buy.

Singapore Market Roundup (10-Oct-2025): Ong raises BRC Asia target price to $5.30 due to demand.

Asia Pac IPO & Placement Research, China biotech, Aequitas Research

Ke Yan, CFA, FRM

Asia Pac IPO & Placement Research, China biotech

IPOs and Placements coverage across Asia Pacific

Aequitas Research

We cover all listing across the Asia Pacific along with follow-up placements. As of Dec 2020, our team had covered 539 IPOs with a hit rate of 73.5% and 685 placements with a hit rate of 66.8%.

We combine fundamental bottom-up views with our proprietary quantitative framework to provide a holistic coverage across new listings and placements. Our coverage includes pre-IPO notes before the deal is launched, follow-up analysis once the deal is live and post-listing trading analysis as well.

Quantitative Analysis

<ul>
<li>We analyzed the changes in short interest of ASX Stocks as of Oct 3rd (reported today). The aggregated short interest was USD28.3bn.</li>
<li>We tabulate league tables for top short by value and short as multiple of ADT, as well as weekly increases &amp; decreases in short value, short as multiple of ADT.</li>
<li>We highlight short interest changes in ALS, Washington H Soul Pattinson&amp;Co, Brambles, CAR, Fortescue.</li>
</ul>


We analyzed the changes in short interest of ASX Stocks as of Oct 3rd (reported today). The aggregated short interest was USD28.3bn.
We tabulate league tables for top short by value and short as multiple of ADT, as well as weekly increases &amp; decreases in short value, short as multiple of ADT.
We highlight short interest changes in ALS, Washington H Soul Pattinson&amp;Co, Brambles, CAR, Fortescue.


ASX Short Interest Weekly (Oct 3rd): ALS, Washington H Soul Pattinson&Co, Brambles, CAR, Fortescue

<ul>
<li>We analyzed the changes in short interest of ASX Stocks as of Sep 12th (reported today). The aggregated short interest was USD26.9bn.</li>
<li>We tabulate league tables for top short by value and short as multiple of ADT, as well as weekly increases &amp; decreases in short value, short as multiple of ADT.</li>
<li>We highlight short interest changes in Sayona Mining, ANZ, Woolworths, Westpac, Xero.</li>
</ul>


We analyzed the changes in short interest of ASX Stocks as of Sep 12th (reported today). The aggregated short interest was USD26.9bn.
We tabulate league tables for top short by value and short as multiple of ADT, as well as weekly increases &amp; decreases in short value, short as multiple of ADT.
We highlight short interest changes in Sayona Mining, ANZ, Woolworths, Westpac, Xero.


ASX Short Interest Weekly (Sep 12th): Sayona Mining, ANZ, Woolworths, Westpac, Xero

<ul>
<li>We analyzed the changes in short interest of ASX Stocks as of Sep 5th (reported today). The aggregated short interest was USD26.0bn.</li>
<li>We tabulate league tables for top short by value and short as multiple of ADT, as well as weekly increases &amp; decreases in short value, short as multiple of ADT.</li>
<li>We highlight short interest changes in Goodman, Ramsay Health Care, WiseTech Global, Origin Energy, Ampol.</li>
</ul>


We analyzed the changes in short interest of ASX Stocks as of Sep 5th (reported today). The aggregated short interest was USD26.0bn.
We tabulate league tables for top short by value and short as multiple of ADT, as well as weekly increases &amp; decreases in short value, short as multiple of ADT.
We highlight short interest changes in Goodman, Ramsay Health Care, WiseTech Global, Origin Energy, Ampol.


ASX Short Interest Weekly (Sep 5th): Goodman, Ramsay Health Care, WiseTech Global, Origin Energy

Australia

Woolworths Limited operates supermarkets, specialty and discount department stores, liquor and electronics stores throughout Australia.  Woolworths also manufactures processed foods, exports and wholesales food and offers petrol retailing.  The Company also operates hotels which includes pubs, food, accommodation, and gaming operations.

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Woolworths Ltd (WOW AU)

Investore Time to Get Moving

Whilst lower interest rates have improved the liquidity of non-core assets, IPL will likely want to match any significant divestments with...

Forsyth Barr

Singapore Market Roundup (10-Oct-2025): Ong raises BRC Asia target price to $5.30 due to demand.

CGS raises BRC Asia target to $5.30 due to high demand; RHB lifts DBS target to $57.10; UOB Kay Hian keeps Keppel REIT at 'buy' with $1.20 target.

Singapore Market Roundup

ASX Short Interest Weekly (Oct 3rd): ALS, Washington H Soul Pattinson&Co, Brambles, CAR, Fortescue

We analyzed ASX short interest report for the past week and highlight short interest changes in ALS, Washington H Soul Pattinson&Co, Brambles, CAR,...

Ke Yan, CFA, FRM

ASX Short Interest Weekly (Sep 12th): Sayona Mining, ANZ, Woolworths, Westpac, Xero

We analyzed ASX short interest report for the past week and highlight short interest changes in Sayona Mining, ANZ, Woolworths, Westpac, Xero.

Ke Yan, CFA, FRM

ASX Short Interest Weekly (Sep 5th): Goodman, Ramsay Health Care, WiseTech Global, Origin Energy

We analyzed ASX short interest report for the past week and highlight short interest changes in Goodman, Ramsay Health Care, WiseTech Global,...

Ke Yan, CFA, FRM

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)