Singapore Stock Market News

IHH Healthcare - NDR on Growth Sustainability

StockFanatic
Publish date: Mon, 14 Dec 2015, 06:58 PM
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Pursuing growth, managing risks
In a recent NDR, management shared with more than 10 institutional investors in Singapore its bed pipeline in fast-growing markets, sources of growth and funding. It also assuaged investors' concerns over currency fluctuations, unrest in Turkey and more restrictive regulations in Malaysia. Maintain HOLD and SOTP TP of MYR6.35 as we believe the positives have been priced in, at 45x FY16 P/E.
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