RHB raised buy Singapore Shipping to $0.67 (113% upside)

Dear all,

FYI, Singapore Shipping (“Sing Shipping”) just reported a good set of 2QFY16 results yesterday evening. (see here) It is up $0.015 to $0.315. Day range is $0.310 – 0.320. RHB, in their latest research report, raised their buy price from $0.590 to $0.670. This represents a potential capital upside of 113% if they are correct. 

For those who wish to obtain RHB’s research report, they can consider to sign up to my website mailing list (click here to sign up). U can refer to my previous writeup on Sing Shipping hereIt has given out a one cent dividend since my writeup.

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