Singapore Stock Market News
China Merchants Hldgs (Pacific) - 3Q core earnings in line
StockFanatic
Publish date: Mon, 09 Nov 2015, 01:13 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.
■ 3Q earnings of HK$168m largely in line, but fell 20% y-o-y due to the absence of some non-operating gains
■ Long-term growth outlook intact, driven by recent toll road acquisitions
■ We continue to like the company for its strong cash flow generation, acquisition-driven growth and attractive dividend yield
■ Maintain BUY, TP S$1.45
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