Stock Name: SoundGlobal
Company Name: SOUND GLOBAL LTD.
Research House: StanChart
Says strategy of taking on build-operate-transfer projects ensures sustainable earnings stream, allows better differentiation from rivals focused only on engineering, procurement, construction; “the EPC model has low entry barriers.”
Company Name: SOUND GLOBAL LTD.
Research House: StanChart
Standard Chartered starts Sound Global (E6E.SG) at Outperform with $1.15 sum-of-parts target price, says Dow Jones.
Says China-based water treatment firm’s extensive R&D, technical expertise bode well for growth; “its project network, which mainly runs through China's second- and third-tier cities, where penetration rates are lower, puts it in a position to benefit from the growth of local economies.”
Says China-based water treatment firm’s extensive R&D, technical expertise bode well for growth; “its project network, which mainly runs through China's second- and third-tier cities, where penetration rates are lower, puts it in a position to benefit from the growth of local economies.”
Says strategy of taking on build-operate-transfer projects ensures sustainable earnings stream, allows better differentiation from rivals focused only on engineering, procurement, construction; “the EPC model has low entry barriers.”
Shares +1.2% at $0.865.
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