Singapore Stock Market News

Hi-P International - Stunted growth

StockFanatic
Publish date: Tue, 29 Oct 2013, 11:33 AM
StockFanatic
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Welcome to Stockfanatic Singapore stock market and regional market news. This is a platform to share Singapore stock market and regional news to investors / man in the street. Investors can also look forward to analyst reports and brokers recommendations. Stockfanatic's Singapore stock market and regional news blog, home of investors one stop news station.
• Cuts earnings guidance due to lower orders from customers

• 3Q is affected by inventory provisions, we believe margins were lower than expected

• FY13F/14F EPC cut by 37%/25%

• Downgrade to Fully Valued, 32% downside to revised TP of S$0.47
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