SGX only producing 170-180 KOz this year.
Rising to 250KOz pa next year.
Market cap over 1.5B seems excessive IMHO.
Sure they are predicting increase to over 500Koz pa over the next few years but there are a lot of ifs...
SBM also forecasting over 500KOz pa in next 2 yrs yet is on
market cap HALF as much.
Why is SGX given a market premium anyone ?
broken on through to the other side, page-5
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