Singapore Stock Market News
Sarine Tech - Key takeaways from NDR
StockFanatic
Publish date: Fri, 06 Mar 2015, 11:22 AM
StockFanatic
0 10,453
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.
During the NDR that we hosted for Sarine Tech, Chairman and ED Mr Daniel Benjamin Glinert explained the group's value proposition in the industry and shared its new product initiatives with investors. We continue to expect a weaker 1H vis-à-vis 2H as the effects of the credit crunch in India and high rough diamond prices work their way through. We believe investors will relook this stock in 2H15 when its outlook becomes clearer.
We maintain our Hold rating and target price of S$2.88 (18x CY16 P/E, +0.5 s.d. of 8-year average). Faster-than-expected customer wins for its Light/Loupe/Profile product offering are potential re-rating catalysts. Sarine Tech's dividend policy remains an attractive 2.5 US cts payable semi-annually.
Read more » Related Stocks
| Chart | Stock Name | Last | Change | Volume |
|---|
Market Buzz
More articles on Singapore Stock Market News
Market Commentary: Record highs on trade, vaccine developments
Created by StockFanatic | Aug 26, 2020
Market Commentary: Record highs on trade, vaccine developments
Created by StockFanatic | Aug 26, 2020
Market Commentary: Data help US market end week on a high note
Created by StockFanatic | Aug 24, 2020
Market Commentary: Data help US market end week on a high note
Created by StockFanatic | Aug 24, 2020
Market Commentary: And they are back, with S&P within inches of record high close
Created by StockFanatic | Aug 13, 2020
Market Commentary: And they are back, with S&P within inches of record high close
Created by StockFanatic | Aug 13, 2020
Market Commentary: US negotiations over stimulus continue amid diplomatic tensions
Created by StockFanatic | Aug 11, 2020
Market Commentary: US negotiations over stimulus continue amid diplomatic tensions
Created by StockFanatic | Aug 11, 2020
Discussions
Be the first to like this. Showing 0 of 0 comments
Post a Comment
Featured Posts
New Update. Discover investment communities that resonate with your ideas
Trade Confidently & Analyze Charts Conveniently - Download VCPlus IOS & Android App Now!
Latest Videos
Apps
Top Articles
1
CEO Morning Brief
2
THE SINGAPOREAN INVESTOR
UOB's Q3 and 9M FY2024 Business Update: What You Need to Know
3
RHB Investment Research Reports
4
THE SINGAPOREAN INVESTOR
What You Need to Know about OCBC's Q3 and 9M FY2024 Business Update
5
CEO Morning Brief
Singapore’s Changi Airport to Raise Flying Fees to Fund Upgrade
#
Stock
Score
Daily Stocks
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Featured Advertisers / Partners
Ride The Bull Short The Bear
CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
