Singapore Stock Market News

United Envirotech - BUY on CITIC deal

StockFanatic
Publish date: Mon, 03 Aug 2015, 12:59 PM
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■ Results below expectations on weak engineering revenue. Other high-quality revenue streams remained solid
■ Cut EPS by 3-7% on lower engineering revenue forecasts

■ BUY on game-changing CITIC deal. TP unchanged at SGD2.0

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