Singapore Stock Market News
Neratel - Potential For Higher Yield
StockFanatic
Publish date: Mon, 12 Aug 2013, 11:00 AM
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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.
NeraTel's 2QFY13 results came in slightly below expectation, with
SGD10.5m PATAMI (+213.4% y-o-y) on the back of SGD47.2m revenue
(+13.1% y-o-y). Notably, order intakes increased across all business
segments.
Reiterate BUY, with our TP unchanged at SGD0.93, based on
11.4x blended FY13/14 P/E (+1 SD). The counter remains as the top pick
in our technology sector coverage.
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