Singapore Stock Market News
Wing Tai - Soft quarter
StockFanatic
Publish date: Thu, 29 Oct 2015, 12:00 PM
StockFanatic
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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.
■ 1QFY16 net income of SGD2.0m was below expectations at only 2% of FY16E.
■ Lacklustre performance could persist in the near term.
■ Continue to see deep value in the stock. Maintain BUY and TP of SGD2.25, based on 35% RNAV discount.
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