Singapore Stock Market News
Oil & Gas - Domino effect
StockFanatic
Publish date: Thu, 04 Dec 2014, 10:33 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.
■ Oil majors and drillers cutting capex and dividends
■ E&P companies and rigbuilders are hardest hit
■ Lowering valuation multiples to -1SD of mean; target prices cut by 16-32%, downgrade Nam Cheong to HOLD
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