Singapore Stock Market News
Yongnam Holdings - Order momentum to resume
StockFanatic
Publish date: Wed, 07 Nov 2012, 12:20 PM
StockFanatic
0 10,452
Welcome to Stockfanatic Singapore stock market and regional market news. This is a platform to share Singapore stock market and regional news to investors / man in the street. Investors can also look forward to analyst reports and brokers recommendations. Stockfanatic's Singapore stock market and regional news blog, home of investors one stop news station.
Without the contribution of high-margin iconic projects, Yongnam
slightly missed expectations in 3Q. Although FY12's earnings trend is
now less impressive, we expect the flow of orders to improve in FY13-14
as high-profile local and overseas projects are awarded.
3Q/9M12 profit (6% below) came in
at 20%/64% of our FY12 estimate,
and 18%/62% of consensus. We cut
our FY12 forecast due to revised
recognition timing for revenue, but
maintain our target price (6x CY13
P/E, its 3-year mean). We also
maintain Outperform as the group
has been consistent with its accretive
projects win-rate.
Read more '' More articles on Singapore Stock Market News
Market Commentary: Record highs on trade, vaccine developments
Created by StockFanatic | Aug 26, 2020
Market Commentary: Record highs on trade, vaccine developments
Created by StockFanatic | Aug 26, 2020
Market Commentary: Data help US market end week on a high note
Created by StockFanatic | Aug 24, 2020
Market Commentary: Data help US market end week on a high note
Created by StockFanatic | Aug 24, 2020
Market Commentary: And they are back, with S&P within inches of record high close
Created by StockFanatic | Aug 13, 2020
Market Commentary: And they are back, with S&P within inches of record high close
Created by StockFanatic | Aug 13, 2020
Market Commentary: US negotiations over stimulus continue amid diplomatic tensions
Created by StockFanatic | Aug 11, 2020
Market Commentary: US negotiations over stimulus continue amid diplomatic tensions
Created by StockFanatic | Aug 11, 2020
Discussions
Be the first to like this. Showing 0 of 0 comments
Post a Comment
Featured Posts
Latest Videos
Apps
Top Articles
1
CEO Morning Brief
Singapore Swap Rates Set to Narrow Gap With US as MAS Shift Seen
2
CEO Morning Brief
3
RHB Investment Research Reports
4
RHB Investment Research Reports
5
Collin Seow Remisier Blog
#
Stock
Score
Daily Stocks
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Featured Advertisers / Partners
Ride The Bull Short The Bear
CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
