Boustead enters earnings with quite a bit of optimism already priced in following the REIT value unlocking story and announced divestment gains. Think market sentiment will focus less on headline gains tomorrow and more on sustainability of core earnings, operating margins, order book strength going forward.
Watch for slowing operating income growth, weaker operating performance and margin squeeze, which may trigger further profit taking if results fall short of elevated expectations despite recent positive news.
Looking to pick some on dip.
$Boustead(F9D.SG)
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