Singapore Stock Market News

Yangzijiang - Good execution, good results

StockFanatic
Publish date: Thu, 27 Feb 2014, 12:05 PM
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■ FY13 headline profit in line; impressive margins in 4Q, offset by higher tax

■ Secured US$511m of new contracts; orderbook lifted to US$4.6bn

■ Final DPS of 5 Scents declared, translating to 4% yield

Maintain BUY; TP of S$1.33 implies potential total return of 22%
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