Singapore Stock Market News

IHH Healthcare - 3QFY12 results preview

StockFanatic
Publish date: Thu, 22 Nov 2012, 12:36 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.
Call it expensive or its valuations unjustified but IHH has been defying the odds. In the last three months, it had debuted on two exchanges and stayed well above its IPO price. The question is, how defensive can the stock be after results?

We are expecting a core EPS of 1.5 sen for 3Q12 and 4.6 sen for 9M12 (25% and 77% of FY13 estimates respectively). FY13 EPS has been reduced to factor in higher opex related items. Reiterate Outperform rating and SOP target price, with catalysts expected from ramp-up of Novena Hospital, and revenue intensity in all three key geographies.
Read more ''
Discussions
Be the first to like this. Showing 0 of 0 comments

Post a Comment