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Why this analyst believes NetLink NBN Trust is better than REITs, business trusts, and telco stocks

Jude Chan
Jude Chan7/20/2017 04:08 PM GMT+08  • 2 min read
Why this analyst believes NetLink NBN Trust is better than REITs, business trusts, and telco stocks
SINGAPORE (July 20): Daiwa Capital Markets is initiating coverage on fibre network owner NetLink NBN Trust with a “buy” recommendation and a target price of 97 cents.
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SINGAPORE (July 20): Daiwa Capital Markets is initiating coverage on fibre network owner NetLink NBN Trust with a “buy” recommendation and a target price of 97 cents.

On its first day of trading, units of NetLink opened flat on Wednesday at its initial public offering (IPO) price of 81 cents. As at 3.35pm on Thursday, units of Singapore largest listing in six years are still trading flat.


See: NetLink NBN Trust opens flat at IPO price of 81 cents


See: NetLink NBN Trust launches largest Singapore IPO in 6 years

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