Singapore Stock Market News
Starburst Holdings - Niche defence play
StockFanatic
Publish date: Fri, 13 Nov 2015, 03:15 PM
StockFanatic
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Integrated defence play
Starburst is one of the few integrated defence plays globally. Since its inception in 1999, it has been building a reputable track record in the fitting out of firearm-training facilities and tactical training mock-ups. It is a beneficiary of the higher defence spending in Southeast Asia and the Middle East. Maintain BUY, TP reduced to S$0.37, as we push back the recognition of contract wins.
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