Singapore Stock Market News

Biosensors International Group - Soft outlook

StockFanatic
Publish date: Wed, 13 Nov 2013, 05:01 PM
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■ 2Q14 results below; stent sales and licensing revenue disappoint and margins weaken

■ Soft outlook on weak revenue growth and lower margins

■ Cut FY14F/FY15F earnings by 30%/38%

■ Maintain HOLD, TP reduced to S$0.94
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