Singapore Stock Market News
Yangzijiang Shipbuilding - Beneficiary of strengthening USD
StockFanatic
Publish date: Tue, 03 Jul 2018, 01:47 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.
■ Strengthening USD to above Rmb6.65 bolster profits in FY18-19
■ Share buyback exercise reaffirms confidence
■ Attractive entry point at 7x PE, 0.6x PB and 5% yield; generating 8-9% ROE; reiterate BUY with S$1.82 TP
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