Singapore Stock Market News
ISEC Healthcare - Eyes on the Targets
StockFanatic
Publish date: Mon, 09 Nov 2015, 12:44 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.
■ 3Q15 in line. MYR revenue rose a healthy 13% YoY, but whittled down to minus 2% YoY in SGD-terms by weak MYR.
■ 4Q15 likely stronger, but results not the main stock driver. Instead, we expect M&A deal flow to accelerate next year.
■ Maintain BUY. TP stays at SGD0.40, based on 27x FY16 EPS, 10% discount to peers.
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