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CGSI initiates ‘add’ call on Sanli Environmental with TP of 51 cents QA

QA Engineer
QA Engineer • 3 min read
CGSI initiates ‘add’ call on Sanli Environmental with TP of 51 cents QA
CGS International analyst William Tng has initiated an “add” call on Sanli Environmental as he likes the company’s earnings prospects from FY2025 to FY2028.
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CGS International analyst William Tng has initiated an “add” call on Sanli Environmental (SGX:1E3) as he likes the company’s earnings prospects from FY2025 to FY2028.

Sanli, which was listed on the Catalist board in July 2017, is a locally-owned company that can be seen as a pure-play on Singapore’s water and waste management scene. Given that the Singapore government is continuing to spend on water-related works, including an estimated $100 billion that needs to be spent to protect the city-state from rising sea levels, Sanli’s management believes this presents further opportunities for the company, Tng notes.

CGS International analyst William Tng has initiated an “add” call on Sanli Environmental as he likes the company’s earnings prospects from FY2025 to FY2028.

Sanli, which was listed on the Catalist board in July 2017, is a locally-owned company that can be seen as a pure-play on Singapore’s water and waste management scene. Given that the Singapore government is continuing to spend on water-related works, including an estimated $100 billion that needs to be spent to protect the city-state from rising sea levels, Sanli’s management believes this presents further opportunities for the company, Tng notes.

CGS International analyst William Tng has initiated an “add” call on Sanli Environmental as he likes the company’s earnings prospects from FY2025 to FY2028.

Sanli, which was listed on the Catalist board in July 2017, is a locally-owned company that can be seen as a pure-play on Singapore’s water and waste management scene. Given that the Singapore government is continuing to spend on water-related works, including an estimated $100 billion that needs to be spent to protect the city-state from rising sea levels, Sanli’s management believes this presents further opportunities for the company, Tng notes.

See also: Riverstone shares surge on UOB Kay Hian's higher target price of 98 cents led by AI-end demand

CGS International analyst William Tng has initiated an “add” call on Sanli Environmental as he likes the company’s earnings prospects from FY2025 to FY2028.

Sanli, which was listed on the Catalist board in July 2017, is a locally-owned company that can be seen as a pure-play on Singapore’s water and waste management scene. Given that the Singapore government is continuing to spend on water-related works, including an estimated $100 billion that needs to be spent to protect the city-state from rising sea levels, Sanli’s management believes this presents further opportunities for the company, Tng notes.

CGS International analyst William Tng has initiated an “add” call on Sanli Environmental as he likes the company’s earnings prospects from FY2025 to FY2028.

See also: QA Riverstone shares surge on UOB Kay Hian's higher add target price of 98 cents led by AI-end demand url

Sanli, which was listed on the Catalist board in July 2017, is a locally-owned company that can be seen as a pure-play on Singapore’s water and waste management scene. Given that the Singapore government is continuing to spend on water-related works, including an estimated $100 billion that needs to be spent to protect the city-state from rising sea levels, Sanli’s management believes this presents further opportunities for the company, Tng notes.

CGS International analyst William Tng has initiated an “add” call on Sanli Environmental as he likes the company’s earnings prospects from FY2025 to FY2028.

Sanli, which was listed on the Catalist board in July 2017, is a locally-owned company that can be seen as a pure-play on Singapore’s water and waste management scene. Given that the Singapore government is continuing to spend on water-related works, including an estimated $100 billion that needs to be spent to protect the city-state from rising sea levels, Sanli’s management believes this presents further opportunities for the company, Tng notes.

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