Singapore Stock Market News
SMRT - Benefitting from lower oil prices
StockFanatic
Publish date: Mon, 03 Nov 2014, 10:50 AM
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.
■ Lower oil prices provide tailwinds for improving earnings coupled with operating efficiencies
■ Raised FY15F-FY17F earnings by 16-25%
■ Upgrade to BUY with TP at S$1.86, presenting 27% potential total return upside
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