Homepage
PR Newswire
19-10-2012, 11:23 PM
(19-10-2012, 11:18 PM)Nick Wrote: I just used their dividend yield based on 90.0 cents and worked backwards ! INR / SGD has been fairly stable over the past 6 months. The low gearing and developmental projects coupled with fairly resilient operating assets with variable income (7.5% of operating income) makes it attractive. Just worried about the forex
Thx! Yes, agree on the FOREX risk, especially since MAS seems intent on their strategy of using steeper gradient appreciation vs USD to export inflation...
Luck & Fortune Favours those who are Prepared & Decisive when Opportunity Knocks
------------ 知己知彼 ，百战不殆 ；不知彼 ，不知己 ，每战必殆 ------------
------------ 知己知彼 ，百战不殆 ；不知彼 ，不知己 ，每战必殆 ------------