Singapore Stock Market News
Riverstone Holdings - Favourable trends
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Publish date: Thu, 18 Jun 2015, 10:00 AM
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■ EPS impact of 10.3% gas-price hike in 3Q15 limited to less than 2%
■ Maintain BUY & EPS. Raise TP to SGD2.05 from SGD1.78 after rollover to FY16, still based on 18x P/E. Catalysts expected from faster-than-scheduled expansion.
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