Singapore Stock Market News
SMRT - A disappointing start
StockFanatic
Publish date: Fri, 31 Jul 2015, 07:59 PM
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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.
â– Disappointment arose from higher staff and R&M costs which more than offset benefits from fare increase and lower energy costs
â– Recent train breakdown throws more uncertainty to earnings visibility; cut forecasts by 20%/18% on revised cost assumptions
â– Upside risk to our recommendation is the transition to rail framework but timing hard to pin down
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