Singapore Stock Market News
Fraser & Neave - Step-one: price discovery
StockFanatic
Publish date: Wed, 28 Aug 2013, 10:47 AM
StockFanatic
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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.
We update our estimates and lower
our FY14-15 core EPS by 2-3% to
factor in the latest land win at Cecil
Street. Our SOP value rises to S$7.73
from S$7.70 with the target price still
based on a 20% discount to property
RNAV, up from S$6.53 to S$6.61.
Maintain Outperform with catalysts
from more corporate actions.
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