Tuesday, February 22, 2011

Wheelock Properties (S) rated 'outperform' by CIMB

Stock Name: Wheelock
Company Name: WHEELOCK PROPERTIES (S) LTD
Research House: CIMB

CIMB in a Feb 22 research report says: "FY2010 core net profit of $257.1 million (+66% y-o-y) met expectations, at 98% of our forecast and 103% of the Street's. 4Q10 core net profit of $49 million is 19% of our FY2010 number.

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