Singapore Stock Market News

ComfortDelgro - Right on schedule

StockFanatic
Publish date: Thu, 14 Aug 2014, 10:23 PM
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2Q14 in line; 1H forms 49.5% of our FY14F estimates, DPS of 3.75 Scts declared

Expect stable growth to continue, aided by recent fare increases, ridership and acquisitions

Share price trading at 1.5 std deviation above historical average

Maintain HOLD, TP revised marginally to S$2.71
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