Singapore Stock Market News
CWT Limited - Raising the roof
StockFanatic
Publish date: Wed, 25 Jun 2014, 12:13 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.
■ Expect better margins at Logistics segment, while Financial Services should grow its profit firmly as revenue continues to scale up
■ FY14/FY15 forecasts raised by 10.3%/10.6% to S$119m/S$135m
■ Maintain BUY, with raised TP of S$2.08, as we roll over to FY14/15 numbers; valuation remain attractive at less than 8x FY15 PE
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