Singapore Stock Market News
Silverlake Axis - Monetizing the banks
StockFanatic
Publish date: Mon, 23 Jun 2014, 12:19 PM
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.
■ Initiate at BUY with a DCF-based TP of SGD1.40. At our TP, the implied FY6/15E P/E is 26.6x.
■ Entrenched position in growing market with solid expansion in recurring income stream.
■ Strong capital management potential with a net cash position of MYR300m.
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
