Singapore Stock Market News

Singapore Land Transport - 2016 Could Be a Year Of Many (Positive) Changes

StockFanatic
Publish date: Tue, 01 Dec 2015, 01:11 PM
StockFanatic
0 10,452
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.

Amidst expectations of increased pace of reforms, we upgrade Land Transport sector to OVERWEIGHT; we estimate ComfortDelGro and SMRT to receive SGD710m and SGD207m of cash inflow from sale of bus assets. Competitive intensity in taxi business should drop as Uber/GrabCar are brought under regulatory purview. There are reasons supporting the implementation of a new rail financing framework before 2019; LTA could provide clarity on rail reforms as early as 2017.
Read more »
Discussions
Be the first to like this. Showing 0 of 0 comments

Post a Comment