Thursday, 10 November 2016

Share Market Tips : GLP attractive on stellar results and takeover news .

Image result for GLP Singapore

DBS is keeping up a "purchase" call with an objective cost of $2.47 for Global Logistic Properties (GLP), given its stellar 1H results and market theory of a conceivable takeover. 

Lead expert Rachel Tan notes that the organization posted a 36% hop in income barring revaluation increases and coincidental things. 


While the outcomes were in accordance with evaluations, Tan notes that the expansion was driven by higher rental wage and administration charges from Japan and US.

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