Singapore Stock Market News

Tat Hong - Uplift from Australia

StockFanatic
Publish date: Sat, 16 Aug 2014, 04:28 PM
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1Q15 earnings below expectations, but Australia improves q-o-q to deliver sequential earnings growth

Higher crane and equipment rental activities in Australia are driving q-o-q earnings improvement

Await Australia to deliver a more convincing turnaround before turning positive

Maintain HOLD with a slightly lower S$0.83 TP
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