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wehuattogether88
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06-Jan-2025 09:56
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TP of S$0.74 which is good for CSE with this confidence from Lim &Tan |
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minichart
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06-Jan-2025 09:54
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CSE: Despite potential delays, the company&rsquo s market cap stands at S\$1.2 billion and trades at 18x forward P/E and 1x P/B. Bloomberg&rsquo s consensus suggests a one-year target price of \$0.74, implying a 32% potential return. Lim & Tan Securities maintains an &ldquo Accumulate on Weakness&rdquo rating, citing confidence in SingPost&rsquo s asset monetization strategy and alignment with its largest shareholder, Singtel. https://www.minichart.com.sg/2025/01/06/singapore-stock-market-update-singpost-asset-sales-17lives-streaming-strategy-and-key-market-moves/ Thank you |
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