ISOTeam - Sprucing Up The Lion City | I3investor

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ISOTeam - Sprucing Up The Lion City

StockFanatic

Publish date: Tue, 01 Jul 2014, 10:21 AM

We initiate coverage of ISOTeam with DCF-derived TP of SGD0.515 which results in a 20% potential upside and we recommend BUY. ISOTeam is a market leader in the Repairs & Redecoration (R&R) and Addition & Alteration (A&A) segments in public sector projects in Singapore. The R&R business boasts defensive, recurrent qualities while the A&A business complements the former, with both riding on government initiatives.

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