Singapore Stock Market News
Raffles Medical - Ramping up nicely
StockFanatic
Publish date: Mon, 06 Jul 2015, 09:59 AM
StockFanatic
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■ Minimal impact from new hospital competition. Stabilising SGD should bring back medical tourism.
■ Maintain BUY with DCF TP raised to SGD5.40 from SGD5.10 for higher terminal growth rate. Expect catalysts from further progress in China & local ramp-up.
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