The Raffles Hospital logo, operated by Raffles Medical Group Ltd., is displayed on the exterior of a hospital building in Singapore. 2014's S$65.1 million recurring net profit (+4 per cent year-on-year) was a tad below our S$69 million estimate.
Noble Group | Outperform
Feb 17 close: S$1.05
Target price: S$1.60
Macquarie Research, Feb 16
ICEBERG Research published a negative report on Noble. It highlights concerns we share, but they are not "new news...