SGX: The majority of Street is positive on company, noting SGX as a beneficiary of i) recent pick up in average daily trading value (ADT) which would drive earnings growth, ii) weak USD driven liquidity rally, iii) new revenue streams from mgt’s new initiatives such as ADR trading to commence Oct 22, and commencement of Chi-Ease, a new dark pool venue, in mid-Nov...
Street bullish target prices range btwn $9.60 - 11.20. DMG gives the only Sell call with $7.90 target.
Exchange to report 1QFYJun11 results on Oct 18, Monday.
No comments:
Post a Comment