Singapore Stock Market News

Osim International - TWG to strengthen earnings

StockFanatic
Publish date: Fri, 01 Nov 2013, 12:38 PM
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• 3Q13 earnings in line, driven by China, Taiwan and uInfinity

• Raised stake in TWG Tea to majority owner in October, slight earnings accretion

• DPS of 1 Scts declared, on track to meet our 5 Scts estimate for full year

• Maintain BUY, with S$2.60 TP
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