Singapore Stock Market News

IHH Healthcare - Impacted By Translation Losses

StockFanatic
Publish date: Fri, 27 Nov 2015, 11:58 AM
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Premium status reflected in price, Maintain HOLD. We maintain our HOLD recommendation for IHH with a revised TP of RM6.19/ S$2.04. While we like its geographical diversification and premium healthcare services provider status, we believe current valuation at c.48x FY16F PE reflects this.
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