Singapore Stock Market News
Vicom Ltd - Potential realised
StockFanatic
Publish date: Tue, 12 Aug 2014, 11:15 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.
Vicom did not disappoint, as 1H14 revenue of S$54.2m (+2.9% yoy) formed 49% of our FY14 revenue estimate, while net profit of S$15.2m (+6.5% yoy) formed 50% of our FY14 net profit estimate. Also, an interim dividend of 8.75 Sct was announced, in-line with Amfraser's expectations (final dividend of 8.75 Sct plus special dividend of 5 Sct).
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