Singapore Stock Market News

Ezion Holdings - Could have been better

StockFanatic
Publish date: Mon, 17 Aug 2015, 03:41 PM
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Pic Credits : worldmaritimenews.com
- 2Q15 results below on unexpected vessel downtime and higher cost incurred for the Australian unit

- Trim FY15/16F earnings by 31/17%

- Look forward to better 2H on resumption of units currently under repair and upgrades, and new deliveries

- Reiterate BUY; TP lowered to S$1.00
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