Singapore Stock Market News

Tat Hong - Better visibility in Australia

StockFanatic
Publish date: Sat, 31 May 2014, 12:51 PM
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• FY14 results in line; earnings fell due to slowdown in Australia

• Improving visibility in Australia as Federal Budget 2014-2015 outlines infrastructure initiatives

• More positive macro outlook: upgrade to HOLD, raised TP to S$0.85
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