ISOTeam - The Election Play | I3investor

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ISOTeam - The Election Play

StockFanatic

Publish date: Fri, 05 Jun 2015, 03:04 PM

ISOTeam reported a stellar 1HFY15, with NPAT surging 91.9% to SGD4.1m, beating expectations. Maintain BUY with a higher DCF-based TP of SGD0.82 (34% upside). Its orderbook rose to SGD104.5m as of May 2015, providing good visibility into 2015-2016 and reflecting the market's belief in its proven track record. In view of its bright outlook and potential positives from the election, we raise our FY15 and FY16 NPAT estimates by 21% and 19% respectively.

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