Singapore Stock Market News
OUE Ltd - Volatile earnings, lacks catalysts
StockFanatic
Publish date: Mon, 17 Aug 2015, 05:47 PM
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• Special DPS to distribute proceeds from the sale of Crowne Plaza Changi Airport was a bright spot.
• Maintain HOLD with TP cut to SGD1.92 (from SGD2.35), based on higher RNAV discount of 50%. Earnings outlook unexciting.
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