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Can investors find gems among waste management players in Singapore?

Yong Jun Yuan

Yong Jun Yuan

Published Mon, May 16, 2022 · 05:50 AM
    • Waste management companies tend to provide inelastic services to industrial customers.
    • Waste management companies tend to provide inelastic services to industrial customers. Pixabay

    THE Singapore Exchange (SGX) has seen an influx of waste management companies since August last year, with 3 companies joining the Catalist board.

    The companies aren't directly comparable, as each has a slightly different combination of business segments that results in a different financial profile.

    But they are similar in that they provide a relatively more inelastic service to industrial customers. They are also mostly small companies, with headroom for growth.

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