Shares & Derivatives
Exactly how defensive is this under-appreciated stock?
By LetsGetRichTgt  •  November 24, 2015
I last wrote about this company here Fellow blogger DK left me a comment and I thank him for that :) Even though this company is in a defensive sector, its survival depends on winning contracts. There is no guarantee that the contracts will be awarded to them. Competitors include 800Super and SembCorp. Revenue growth is very much dependent on the quotation of the contracts. How defensive? Remaining contract years - 5 Colex covers the western part of Singapore, with a 7 year contract awarded by NEA starting from 1 April 2013 to 31 March 2020. Investors have about 5 more years of certainty and that's rather great news for me. Re-awarded contracts Since the new scheme has been in placed, NEA has re-awarded the contracts to the respective 4 Public Waste Collectors (PWC) in Singapore. Each of them have accordingly retained their "seats". Uniform Fee Yes, the waste collection ......
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By LetsGetRichTgt
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