Tuesday, February 21, 2012

CIMB: Raffles Medical Group - Confidence not lacking

Stock Name: RafflesMG
Company Name: RAFFLES MEDICAL GROUP LTD
Research House: CIMBPrice Call: BUYTarget Price: 2.69



RafflesMedical Group - Confidence notlacking


Target S$2.69


FY11 results were a non-event. Management's confidence was evident in its strong dividend commitment amid expansion. Property decanting is in play.

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