Friday, March 25, 2011

ComfortDelgro Corporation rated 'buy' by Phillip Securities

Stock Name: ComfortDelGro
Company Name: COMFORTDELGRO CORPORATION LTD
Research House: Phillip Securities

Phillip Securities Research in a Mar 24 research report says: "We believe that CDG's efforts to grow its businesses beyond Singapore could lead to significant earnings growth in the future. It also reduces their dependency on the Singapore market, which has a limited scope for land transport growth.

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