Singapore Stock Market News
Tiong Seng Holdings - Lower construction margins
StockFanatic
Publish date: Thu, 15 May 2014, 11:46 PM
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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.
■ However, core earnings tumbled 51% on lower construction margins
■ Costs still a concern although order book and outlook for Singapore's construction sector is robust
■ Maintain HOLD and S$0.20 SOTP-based TP
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