Singapore Stock Market News
Guocoleisure - Operations remain sound
StockFanatic
Publish date: Sat, 25 Oct 2014, 04:50 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.
We roll over our target price to end-CY15 to a lower S$1.18 (based on 30% discount to end-CY15 RNAV) as we incorporate a weaker GBP and lower oil price. Potential catalysts include UK's booming hospitality sector, potential new hotel management contracts, and value unlocking from disposal of non-core assets. Maintain Add.
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