Shares & Derivatives
Stock Analysis – Wee Hur (Q3 FY14) – Overseas Execution Risk Priced In?
By Valuestocks.sg  •  February 9, 2015
Hello everyone. This is an update post of Wee Hur from my last post in April 2014 following a reader’s request. This post is a timely update of the hypothesis made in my earlier blog post on whether recognition of profits upon TOP of industrial building at Kaki Bukit will be a catalyst for share price movement. Did Kaki Bukit cause a spike in share price? The conclusion reached in my earlier post was that the recognition of profits from Premier@ Kaki Bukit will not result in a spike in the share price of Wee Hur because the impact has already been priced in. For Q3 FY 2014, revenue and net profit attributable to shareholders increase from S$245.6 million and S$13.1 million in the preceding quarter (Q3 FY 2013) to S$603.0 million and S$102.5 million respectively mainly due to the TOP of Kaki Bukit in August ......
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By Valuestocks.sg
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