Singapore Stock Market News

Super Group Ltd - Challenging environment

StockFanatic
Publish date: Tue, 12 Nov 2013, 02:36 PM
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• 3Q13 earnings below expectations

• Keener competition to sustain and dampen growth expectations

• Slash FY13F/FY14F/FY15F earnings by 17%/26%/28%

• Downgrade to HOLD with lower S$3.97 TP
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