0123 GMT [Dow Jones] STOCK CALL: DMG cuts Thomson Medical Centre (5FV.SG) target price to S$0.68 from S$0.76, based on 17X FY08-09 blended earnings, to reflect lower P/E valuations in sector given current market conditions. But keeps Buy call on view long-term prospects sound, considering company’
(END) Dow Jones Newswires
September 23, 2008 20:37 ET (00:37 GMT)
Copyright (c) 2008 Dow Jones &
The Singapore government announced a new enhanced parenthood package to encourage couples to have more children.
US stocks tumbled, sending the Dow Jones Industrial Average to its worst June since the Great Depression, as record oil prices, credit-market write-downs and a slowing economy threatened to extend a year-long profit slump.
In this issue’s Shares Investment (Singapore), we want you to stop predicting the directions of the stock market, the economy, interest rates, oil prices and the US elections. Instead, we want you to focus on analyzing the fundamental value of a company.
