Singapore Stock Market News
Broadway Industrial Group - Still challenging
StockFanatic
Publish date: Wed, 06 Nov 2013, 02:55 PM
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.
• 3Q13 profits missed forecast; right-sizing and
year-end ramp up not up to speed
• Compressed margins, slow pick up of non-HDD
decimated recovery, FY13/14F cut by 44-49%
• Maintain Hold, TP cut to S$0.25 (0.5x P/BV)
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